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Show I1 I NEW POSITION FOR LOEB. I i Will be Made Manager of Washing- ton's Street Car 8ystem. j Washington. Investigations In local I j financial circles by noprcsontatlvo I Smith of Michigan, chairman of tho . houso commlttco on tho District of j ! Columbia, warrants him in saying that i M. thero is to bo a consolidation of tho I stroot car companies of tho District ' of Columbln and that William Loob,, Jr., secretary to President lloosovolt, is to be given tho a'ctlvo management t of tho consolidated properties. Mr. Smith has been making Inquiry into tho street car situation, with tho vlow ; to getting legislation authorizing tho f construction of lls to tho now Union station. Ho hnua conference with J, Mr. Loob nt tho White Houso on c Wednesday, t Whilo cot denying tho statements ; which have been mndo rogardlng his nrospectlvo .change of occupation, Mr. Loob Indicated that ho is not as yet ready to mako a statement on tho ! . subject. |