Deseret Evening News | 1900-04-24 | Page 4 | Says Mr. Gates Will Resign

8 Mr Ir Will iii New York April TrIbune It was rl reported In Wall Vall street treet yesterday that John W Y Gates who a year and a half ao ago abandoned a pro trip around the rid and In tad remained In this anti and or the American Steel and Wire company hid bad again formed plans plan for making the lon long Jou journey nry and with that In would at the I If the directors If the com cam company campany pany for May IllY 7 Present his hie res ignition all as chairman of th the board In ing ill III h health alth AI a the rp reason on for the step Another rumor assIgned another nother cause for Mr Olt Gates alleged decision dIlon that report hll being interests tM identified with the Federal Steel Co which he have purchased sufficient stock of tb the steel lell unit wire company compan to rIve give theta an alliance with other era 11 opposed to the Gates Gata management J to practically control the company and that at a meeting on May dy 7 Mr Jr Gates Gatea would go 0 out of a as a result of control Mr Gate declined to make an any bout the matter