Show nn J WHAT ANTI CASE IS I rJ ComPto completo St story stry ry of 01 tho tIo Northern o Doal Doni and tind 5 jj The Tho Suit In St Louis Louts H j H H HI I un H HH I MW HH H j jl 1 BIO l ifS INVOLVED 1 IN li 1 1 t by b Theodore president I tl 1 1 s in fl James J Hill and nl ai 1 J n company with formed to merge inere s t r r I m tie miles T j I i 11 i ul H la il miles Pu ur i r Sherman law 1 I lines Unes In the tho thoC 1 t merger of ot all nil transportation d I VI li rI C nry C Caldwell Walter Will lor H n Sanborn Amos inos mos M t f fI tr I I r d 11 V v lI r J wM H HH II H IH W J x r I it In InT Wall WallI tI ll T P without a 0 note noten Si I it iti tl I 10 n l share to ton tosi If hack back backai si 11 t I fl J n t rt rL way WOY wa b lO n ai an n fl of ot easy enY clr ir f Y e i II ud h then there thore e If r 1 Men who hall had tt tI UL r 1 off ure tho r 1 I who Nho were In tn 1 nt IV i r were cre lre reduced ir 11 Thi ni hare been a sul sui sulus so f t us rut y r waS WIlS alarmed or I i Will V il st 81 t conditions had hull hadI I i k Iw been heen but symptoms of at the normal con conditions Depositors began withdraw withdrawIng Ing IIII funds from Crom roll banks and old ohi 01 1 socks were tilled hilled with currency and amI hid In III the tho clock and In tho thin spare spara room stove Then rhon as nothing happened ll outside ot of Wall SahI street save to the speculating element clement that takes lakes A p chance and Is III j prepared to lose Ioe a III aM well Wv in ui to win the money went back Into the bank ant business went sent on all OH as before hore and It was found much to the surprise that America hint hall become so honor honey honeycombed hunu combed with financial centers that a u of at one olle particular center located on tho the very eastern edge ld t no longer threw tho the other centers celliers Into con conniption lint Hut just th same a 1 Black Friday In Inthe Inthe the midst of or o widely advertised pros prosperity polity wa was not nol a II desirable thing to have halo and ant the administration nt at Wash Washington ington which was a n little more Inore Inter estet en ted In than In III anything else began making Inquiries as us to la the tho cause underlying lying a II t panic Pane amidst plen pien plenty ty I U U UJ J Morgan organ and James Tane J Hill have 1110 to make any Inquiry They Thoy hey had lien IMn paying millions to 10 find out and they the knew Thuy wol men who pushed 11 tho the price rice up to 1000 1000 a share shar And nd even ut lit that they thy retained control of the tho North Northern ern urn Pacific only by n a scratch The fhe Mr hail had gone gUM Into the market when Mr Ir Morgan am Mr Mc Ir Hill wore wart Will not looking when Mr ti 11 Harriman came out Im tie hull had aIso absolute lute possession of ot a n majority of ot th the Is Hued suck stock He lie hat had no so much that Mr rr Morgan and timi Mr tr Ir Hill got gol busy buS at nt once to lo prevent him from making another in Ill IkI Id III and getting the few tew shares ho Heeded to control the road The owned a II controlling Interest In the I Union Pacific On May tay Ia 13 3 tho the Morgan Hill crowd through Senator William WilliamA A lark Clark iver vere large purchasers r of ot Union tock stock It was wa their coup ou In 10 that hut I had set act the thu Harrl man interest Into a 1 warfare In iii connection with Northern Pacific Mr Hill ai a l I Mr Morgan when the Pacific came out of pt f the re 11 receivers receivers hands In III made their heir com cOin Boston Buston parties owned 11 nell the Burlington They The were wore Induced to tc conic Into the Just before the May Ma In day when vien the sky ek be became became came so cloudy In Wall Wahl street r e Tho The by hy Senator Clerk Clark of at Utile Union stock was as a Il groat glent sur surprise surprise prise e to the Interest Sena Senator tor Clark hUll haB BO ne much monor It Is hard harti for tor him to find places to 10 upend spend It II with any nn likelihood lII of return The fhe thing thInA that Mr tr harriman knew thoro bora was as talk In 10 Wall ah street ol that Mr tr Ir Mor Morgan Morgan gan utah Mr Hill were acre preparing to tf lt feet trl a n merger of ot the Northern Pacific Northern and Burlington ton In such form that It Il would ho lie for tor anyone to go Into Wall street and wrest reet the control of ot the th roods from rota them for tJI fora a n trustee would rould exercise It Mr Ir man nan began to think discretion of ot valor villar the better part There were rumors that Mr Mi 11 horn man was willing to arbitrate On Nov No 30 1901 1051 the Northern f com rota company puny pun wn Willi Incorporated at Il Camden N NJ NJ NJ J with a capital stock of ot noo The par value of shares wan wag aM JIM with issued This company was waR chartered to 10 ac no the stocks and ant am of ot rail nahi ways waya arid and other corporations It wua organized In pursuance of ot plans niana to bring ur er one ownership the stocks of ut meat Gral Northern and the tho North Northern ern cnn Pacific which companies had ac no acquired Joint ownership of ot the Chicago Burlington Quincy com corn company company pany patty S U S About the first thing that flint happened 1 after litter the Northern v as chartered happened In New ew York Del Pei 31 Wall Val street hearth heard for tor the first the name of ot Peter Power Who In lit thunder Is IN Power one brok v asked a kell of ot another If It I know the other broker replied probably he hu Is I one ono of ot those new western millionaires come conic east to show old man Inan Morgan how Jow they Y do ho In the Ole Hockles There Thero was vets mystery all nil over oler New NewYork NewYork NewYork York The Tho Th papers breathed mystery The Tho telegraph wire was kept hot be III between tween Gotham and St Paul where his name first appeared No Xo one In St StPaul StPaul Paul knew any an more about the person personnel nel nei of ot Peter Power than was Known In tn Wall Willi street The Th newspapers said he lie was WAA n a mil tall millionaire and expert lander n a dangerous for to to o Hill and Morgan forgan a 1 man of at age alC rind dt man of ot tremendous nerve att I resources Hut But they failed to give his has address The 1111 thing thin that hind had made oer the lIles talked of ot man In the entire Unit United ed eth States tates Sas IUS the tact net that lie h had gone Into the Minnesota courts and secured an tin order or lr temporarily restraining J AA A A A V Morgan Morgat James J 3 Hill Jacob JacobH H It Si hilt ami from rant retiring the Block of ot the Northern company They had hud retired Of oC the tho ho In Increased creased common stock sock trading North cm ci Securities and tin paying per ver shaie sIts ic i Tin Thi great Brent merger niev r was tas tied up tip 1 r went on a hunt huntt t Jl and found milid him HI hotl hI r that were tho tile to occur ls Interests an AM a n u stockholder would It was wa al alleged a leed he had hn be jt tl 1 as al a It stool stun pig pigeon pigeon eon POll and given HIO of stock that he ht might aught qualify lunICy for tor gr men mell behind him He lIe wIt v j n a clerk aged gJ hS II 1 and worth not mole titan than 20 WO div It stated when he lie wan wal st as finally l hy by y order of n the Ihl court ourt li h he II wan Willi held heill to LU I 15 00 In contempt nal 1111 taken to 10 the hits He lie lied had nil gone Ofle to Montro nl ni on ti s wedding trl trill where lIP he hurl hud been heen Ma Ing the Ut seven seen In III was wan away alwn In com mu meat Ion with his hll hi at and behind him hint himA A great many measures grow gret out if d t the th suit sult Mr Mn 11 Al Ir r and sit thi Union Pacific 0 got real friendly with Mi Mr II Mar Mor Margao gao xan Mr lull Hill and attil tile the lon In tho the Northern North rn RE company That was one ann thing Then quite it II lot Jot of ot lIU tautly came out when the lie Power ease cast CaHU wan snap U brought up lip In Court The Tue attorney general of ot Minnesota began a II suit sLit to restrain the UI Northern Securely company from froll rain acquiring and holding bottling stocks In the Northern Pacific and meat Northern roads road The laws la 8 of ot Minnesota prohibit the Iho consolidation r of parallel linen lilies and ant there wa HI alfo the attorney an agreement between bt tho the state taut and the tho th roads In con cUl connection with lie thA land grant grent that con Call would he be 1 set sl aside asId I will report on en thai i ape tue next month In the federal court coOrt The report contains MO roo pages Tin n r acting Oil on Hu till I ht fuels facts through houi Powers Im ns railed called Mor l r gap ItI I and before It and d the this nets acts act In lit to t the merge alII the CUllS cause of or the Northern Pacific Hurry It math made Mr tell some somo thine that opened ol tho the eyes oye e eH of ut even Wall Willi street itself Ho lie staled that lui aM of or the tile Union Pacific and pi of ot the Oregon rego line he In had Is Issued sued Rued worth orth of tIC t bonds bought boughs them at nl president of ot the Pa and used the tho money to buy North Northern ellI cnn Pacific stock Ho tic was Wag In posses lon don of ot more than a 1 of ot the stadt of the Northern prior to tIn the day II of if the th panic hut but not of ot the common stork stock which controlled the tho management and part of h was but held for tor voting In itt the lIl handu of at Trustee Morgan It wu wall tas this thin tact fact that eased ed the control of ot the road rORd front from going oln to the interest After uter Mr Ir Morgan and Mr Hill and Mr MI harriman got not on ona ona a n working the tho Northern Pa chile stock was sas turned over to Mr Mon Mar Morgan gun gan and sold Old by b him S S Peter Power was ns as responsible for tor the order of ot President Roosevelt to Atty Att Gen Knox that put Pitt In lii motion the ted fed federal te oral eral court COUlt proceeding under the Sher Sherman Sherman Sherman man antitrust act that is 18 to be heard hear hearIn In St U Louis It was the beginning of ot this that sent J S Morgan to the White WhiteHouse House and caused him to toll toil the lIle president resI dept dent what In lit hg hs opinion the chief mag istrate to had hael better do u S ThIs ThU visit made mude a few tew days before the attorney general fuel the papers In Inthe Inthe inthe the suit in lii the federal fell ern I circuit court at Minneapolis I 1 am nm neither a n bull nor a n bear on Morgan stocks stocka the president Is re reported e ported porte to line have said I am president of nt the United States Statts and sworn to o the law la I 1 will proceed against l you or ur tiny any of ot your our combinations an nA as an asI anI It I 1 would against a I striker but not be been en use I 1 am ann to either capital or labor except either of at them Is In III viola violation then tion of the laws of the country The first In lii the th governments government case as was In New Nett York before Fred Frederick erick crick Q U Ingersoll Nov XO 12 m 1902 J W former attorney general ap appeared for the defense and outlined the case cage as nil It Is la thought It will be presented In St 81 Paul laut He lie heM held the law II doos not IVI to railroads ns Ill th the had and leased parallel hInie frequently with legislative sanction Mr lr II Ulc for the government stated that It U was waa to recite the Ille railway history of ot the country to o establish lish ish whether the tue Ih Sherman iierman law applies to 10 or whether it U hi t belli b being violated by this the Northern Securities company S S S The law ia says lalI Every Ever con contract on tract or Ul in the form of a it trust or 01 it Itt or 01 in III I Ii ie It t of or tuili trado I or 01 e II III In II th Ii several stales ot 01 with foreign nation it li hereby dtta irti to to hi be I Mr MI M i it k h a y Is cited 1 ted a sUIt milt brought ht ii t Joy I Atty Att Jen hut In iii the Him t 1 Jo It and dt Hed in Ou ii 11 it III i i thi thit in 11 ii ls 1 11 Ij 7 m ill t it Ii It it if it 1 held thit till thit it In II to t i lino I IThe The suit null In III It St t IH is the till f i 1 i tiled u Hi Ih t i rat t Ut if r f i 1 t ttO II tO W JIHU 1903 a 1 hi uk I was 11 t tn to I Iti the ti UI ill i JJ In equity th Ih Ut ad u t of ot Jul Ju July c i entitled An All til all n n i tj ti I i This rids ac sit HIt t says U i t tit iii In ii y I i IllIe file tUe with wi Lb the he I i t Ink i th 11 I h a 1 t o oCate i cate tint that In lii hi In i iiii ion n time the mx IU U iiii 11 MI lalle tiIe e A I e this MM 11 I s i hi 1 r Mint to i nil ft i ithe Ii the jut jui ni 01 0 th ili circuit vi I Ithe the suit lull Is IN 11 i lol III MI ti I ii h i ease case Is to 10 be bl hi u ii i u i lence UM ur r nt 11 ens and an in III OV vet I II a i ant mi It t I assigned lIld for tor h nt at the Cite day lIay COI not mUtt h thill thi n three of ut the circuit judges of ot KI l 1 I i court I Under this thu law to the States Slates court If Ii I l pu IJU sible There wilt be four tour judges lt In tn tit thi tI tl I 1 that thol I Is u h to begin In the tue re elul nuit t cit t ut 11 i I appeals appeal room roum tomorrow morning Th liv cut t all be hi pr or WI lv by 1 Jut Judge e Henry C e i l Judge of the St 81 louls loul federal i Omit v t vH H The rIte judges Judee uie an ai W Valt air uit r rH I IH rI H I t Sanborn of St 81 Louis Ann A IU as M H of ut St t Louis and Willi VIlli au of New Ne York ork I S S Judge Jud has lias been l eOn l tot foi president and anti for tor vice Ilet Ice nt II III I I Is I the tile oldest t Judge on the ell cir cull bunch bench Ills His free sliver Iner lenin made him hint In itt isn 1 li Ilk His condemnation of ot by In Injunction unction junction made iliadI him limit thought of ot a ii us a 1 mate matt for tor William Jin Judge Caldwell WIM an tip to 10 the b flout Little by Abraham Al Lincoln Judge was n it major hirIng durIng tilt thi war vur In the th Iowa He lie was wan born In lii West Vest Virginia In l U I rind up tnt III In Judge Is I of ot tho old ohl M to In Sunburn Sanborn mil that hlll went west we t frum tom Ns Hampshire Ills His uncle IB is nell len Jonn 11 B Sanborn the Judges JUd lR home was his hll birthplace He lie wh appointed from fro rein II the Jima bar bur which width h hot adorned in May 1 92 by harrison Judge Moos Amos Madden Thayer ha er makes makeI his home in St lie He was haiti born oln Oct 10 Isil ISH In III Chautauqua Now York He lie Is of at I d I nt on am his hits paternal and French Canadian on Ott on his maternal side There were heroes s on both shies Judge Thayer Thu pr took a Il classic course at al Hamilton college and won the degree degre of or bachelor of arts He lie was Willi In time till irmy wax Wall for gallant ser Her vice iU and Is entitled to bear bUIll the thu rank of at major He lie came to St 81 Louis In read law and began practise lie He lr 11 wits waR mail made district Judge judg find and won was made circuit Judge In im 1898 Ho lie Is marrIed Hurried nd aad has hils one daughter Judge Van un ant tr r was Willi ap up appointed pointed III in February l from front New Natu York Tacit This will be bo his hIli first unit notable ease case while thile on Ot 00 the tho oil circuit cult t bench The Tho billions of money mooney Interested In Inthe the outcome of the till Northern Securities cult alt will bring many distinguished hed law lawyers to St Ift louis The Time distinguished personalities lJ In the time ih II defense feni e will at st attract tract a 0 largo large crowd to the court room It 11 to is I and anal Marshal Morris hiss Ima extra deputies St Louis l I |