| Show I I II CLEWS SAYS HARRIMAN POLICIES SHOULD CEASE In answer to time the qu question as to lo the influence will leave hao on the prOfI prosperity of the country aud the railroad Nervy Henr Clews Clow in an letter says sas The passing or of Mr Harriman as n factor In the tho financial situation must of necessity differ from the passing of other noted market leaders leuders since I he can haYe no successor Thero o can cannot not bo be and should not be a second h other financial Interests I will not permit penult It and It is eminently desirable that this attitude should he maintained Forthcoming laws will doubtless make It Il Impossible for an atry one to dominate the rail railroad railroad road situation hereafter b by his meth metho methods o s Mr Harriman as n a great rail railroad railroad road reorganizer and wa was I magnificently successful but bul his sac cess wax wa b by no menns greater than the risks he from lime to 10 lime lame Incurred In his speculations In Insecurities securities on Union account At t one stage of the tho panic it is ro rc losses on these figured into lh the millions and It Is appalling to consider consequences that might hate accrued d in the or of the turn from rom extreme lion not coming cominb as promptly as It ItI did There Is of course nothing to lo I fear from liquidation of Mr Ir Harri mans personal holdIngs nor nOI in the Immediate future at lead o of the boid ings of the lie great railroad system of oC which he was the controlling Influence ence Hilt But beyond this Is the fact that Mr Harriman had In CO course tRe of oC development a number of exceedingly ambitious plans for the extension of oC hits railroad These will probably not be now consummated on anything like the tho same samo basis ho he had hadin In mind Among these plans mn may be I mentioned his proposed acquisition of 1 the tho Vanderbilt hOldings or of the New NewYork York Central b by which the Harriman system was ns to be Into a ono one The rho death or of this forceful leader may mar also have some bearing ou the Union in fluence In n connection with the Erie Eric I and t the he t result III hi both bOlh these k Is likely to 10 check the of the lie change In control that appeared to Lo lie be so 50 though tJ tie tIc I |
