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Show FRICK RETIRES fROM BOARD 0F UNION PACIFIC . ' a' '' NEW YORK. Aufr. SI. Tha rati reman t of Henry Clay Prick from tha dlrectorata of tha Untoa Pacific Railway oottvtny wma announoad lata yeatarday. - Mr. Flick taodarad hla raaiajnatloii aotna day ao, but oothlnv ti aatd about hla rati ra-ti re man t until today. It to understood ha win ratlr from other mra corporations corpora-tions with which ha 'ha beett Identified for many years, ladudlauj tha United States Steal corporation. Friends of tha capitalist and former Iron master say that his primary pur- posa In retiring from actlre flnadaJ Ufa la due to his dad re to take greater ease and devote himself to other pursuits. - It waa Indicated that his chief Idea In getting out of the Union Paetfle road waa that bis act irl ties In that road often conflicted with his duties toward the Atchison, Topeka ft Santa Fe. In which he haa large holdings, and the Pennsylvania Penn-sylvania road. Conflict of Dots. Mr. Ft4cb's friends also asserted 1 that he believed such connections to ba unwise un-wise at tola time, when the federal government gov-ernment ia exercising such csoae supervision super-vision over large railroad and Industrial corporations whose affairs are so elosely inter-related. - I'nloo Pacific and ' Atchison are so-called so-called compel Itora at many points, and Mr. Trick's Interest 'and activity In tha I'nited States Steel corporation, which haa frequently aold large supplies to those roads, haa at times resulted ia adverse ad-verse criticism. - Mr. Flick's resignation from tha I'nloo Pacific, If latest reports ara accurate, waa not due to friction with the management, man-agement, of which there have been many rumore recently. It baa been reported that he favored "degradation" of Union Pacific's assets with a reduction of tha prevailing dividend, be I levins that much of the hostility to which tha Harrlman roada, particularly Union Pacific, haa been subjected, was tha result of their largo dividend disbursements. This Is denied by Mr. Prick 'e follow directors In Union Pacific, who say that be- retiree with genuine regret and the kindliest feelings. Examplo of KockofoUor. j Mr. Prick's retirees ent from TTnfon Pa- ; clflc may be likened to the withdrawal of the Rockefeller Interests from United tltates Steel when John D. Rockefeller retired from that corporation in IftOS, It waa then said that the Rockefellera deemed their activity In United States Steel Inconsistent with their other .corporate .cor-porate holdings and Interests. Henry Clay Prick's career and material success Is closely Interwoven with the history of the steel and Iron Industry., He .was one of Andrew Carnegie's lieutenants lieu-tenants auid was. deep In the confidence of tha Iron master. They had a serious disagreement, however, when Mr. Carnegie Car-negie took over the Sl.SOfl.eoo forfeit money which Prick ' deposited as a "binder" to buy the Carnegie props rt tea, but which project tailed. |