Salt Lake Telegram | 1907-12-12 | Page 2 | Harriman to Escape Federal Prosecution?

HARRIMAN TO ESCAPE SCAP I fEDERAL PROSECUTION CHICAGO Dec 12 A A dispatch to the Tribune Tribuna from tram Washington on D. D C. C Cf says sas Negotiations arc under way between the attorney general and E. E II H. Harriman Harriman Harriman Harri- Harri man looking to an agreement by w which ich the Union Pacific will abandon all its direct control of the tho Southern Pacific in la return for which the government will agree not to prosecute E. E II H. Harriman Harriman Harriman Harri- Harri man for violation of the tho trust antitrust law and of tho the competitive clauses in the interstate commerce law Tho Iho negotiations have o not actually been concluded but hut they have havo reached a stage where it is b believed l ed c an a agreement agree rree ment will be e entered into nto Tho rho Southern Pacific is is to be bo organized organ organ- izel as n a separate corporation and tho the Union J Pacific a either cither will take tako over ocr the theold theold theold old Central Pacific lino line from O Ogden len to San Francisco t o or else will operate it as aM asa a 1 through l line lino as it is permitted to do 10 doby by liv law The Tho holding company or organized by hy Mr r. Er Harriman and his friends to takeover take tako over O tho the stock of tho the Santa Fo Fe and Northern Pacific probably will continue hut but tho the direct ty of interests between the Union Pacific aud aull its competing com coin Hues line will bo be stopped To Be Some Sonic Competition Whether this a agreement not to prosecute prosecute prose prose- cute lite Mr r. r Harriman an and Mr fr Harriman Harriman's s 's agreement to keep up at a t least a sein- sein blanco bianco of open competition on between tho the I transcontinental lines he lie co controls will result in any an benefit to the tho public igI is ig doubtful but technically tho the triumph I of tho the government g is tEl assured