Show I 1 I 1 THE I 1 MIMS WORLD I 1 I 1 I 1 what the railroad magnates 1 1 are I 1 doing now W ADAMS WILL R RETIRE RE another with jay gould on the tile subject THE tf op TOE THE WORLDS yelp hit the women ask id that the hi exposition bo be closed on 0 o sunday the th coati dil puts ADIES TO farther details of f coiles lilt list of ur U P and gal other elect steels special 5 A chronicle Chron cle Service 1 new 0 NOT 21 the world ifo says as ya charles francis jams adams as expressed bia his willingness to retire from the presidency of the union pacific railroad and it ie is likely likel 7 that hie his place will be taken by sidney dillon dilim 11 jay gould who baa has regained control of the property had a large amount of union pacific when mr adams took the presidency chedid lie did not approve veol ol 01 mr bIr adams management and bold out fred L adams 0 lot boston has been having a confer ence with mr goald gould in relation to adams retirement it was john bloodgood who brought about the sudden gladden change in tho directory d ire e tory of the pacific mail Steam steamship shi P company and bo be was also inspru instrumental in negotiating got lating the sale of a barge large block of richmond Kich mond terminal stock to mr gould NEW YORK nov 21 gould was as asked ked this morning in reference t to 0 the report that ho he bad had got control of the atchison Atchi aois aon santa fe railroad lie eaid sold tho report was erroneous although he admitted that be he owned a considerable portion of the atchison r stock tock he ile eaid said the missouri pacific and atchison had entered into an agreement at with re ferenci ta the tun inn ture business ess policy of the roa roads do they agreed that neither shall bulia build an any competing roads into the territory ory oi of the other without the full fall understanding and sanction of the ot other he r with re reference 8 rence to the rates on th the e transcontinental lines gould c expressed pressed x his confidence that the agree agreement ment between the presidents pred dents would be renewed and strictly maintained within a short time under the situation dearly nearly all the roads interested favor a restoration of the rates it only remain remains for the bankers to rail call the presidents to eother gother it was authoritatively learned to today day that a meeting of the principal cipal stockholders of the uni union oil pacific tor for reorganizing the board of 01 directors will be held next week it is that charles francis adams will retire and bo be succeeded by sidney dillon toe the new board of directors will include ruesell sage jay gould alexander orr and bleary it RI lyde the new board intends to appoint some young active railroad man as is vice president and general manager whose headquarters will be omaha the to be selected bel acted Is determined but an endeavor willbe made to secure a young you ng man of abundant railroad experience and the th e highest capability the vanderbilt bi lt people admit that gould has got control of the union pacific one of the parties named rs director said the board will soon ba reorganized john D Rock teller working with has brought the change about lie refused to speak about tho the future policy with IV ith regard 0 to o the northwest traffic agreement chauncey president of the new york central was seen tonight to night and asked what tho the Vander bilts blits would do about the alliance well I 1 dont know anything about this alliance ti 1 I could noi not ear say without looking into it gome come around again and I 1 may tell yo you 11 NEW w YORK nov 21 the committee on the organization of the sugar truet company today to day announces a mejo majority rity of certificates already been deposited Z 1 the TB dolijo ibi the local 11 acif t stil lh be latici lat ional committee settled lel noy sl 17 alft lioard rd 61 lady managers of world fair adopted a constitution alt similar nilar to that of the national commission miss sarah T Bal hallowell lowell of chicago was recommended to the national commission for appointment to tb the position of director of the depart department of fino fine arts MM mra lucas ol 01 pennsylvania I 1 introduced a resolution n asking for t tho he clodina 0 of f t the h a W worlds oaldo a fair on the sabbath day so far as it was affected by barter and ex exchange hange after atter debate this went over at the meeting of the national commission commis aion the report of tho the committee on foreign affairs was adopted with a resolution authorizing the committee commit testo to expend in bonding sending agents abroad as its provided in the act of congress no expenditure however is to bo be made until the president shall have sued a proclamation to the various nation nations at tho the afternoon alt ernon session the special I 1 committee oa on the relations of 0 the th e commission comm and the local board and sin d the tile powers and duties of the director general made its report it says all the powers of the commission should be exercised in large measure through the director general the report practically reproduces section six of the national act defining 9 the power powers of t the he commission to have intercourse with all the exhibitors and says it is the committees commit tools opinion that theae power are in no way abridged by reason of the fact that a larger portion of the funds are to bo be raised through the instrumentality instrumental ily of be the local illinois corporation it is the opinion of the he committee atee that this fund when raised is a public fund dedic dedicated aed by act of congress and with the consent of the illinois corporation to a specific purpose and to be controlled and exren expended ded in the execution of that purpose by agencies named by the eaid act ol 01 congress regarding garding lle the director general the report says under the existing organization of the commission he is the officer through whom space Is to be to exhibitors tho the classification to be determined upon and execute dand through whom the commission commie eion and its committees are generally cene rally to have charge of the intercourse with all the exhibitors and representatives of foreign nations another paragraph concedes that the rules and regulations of the tion ere are to originate with the local board but adds that they are to DC be approved by the national commit 1 sin eion n and under the supervision of I 1 its to dir director ector general the report also a conference with the 0 local o cat board it wai was unanimously adopted I 1 tan rational nation live stock ass cia tion co committee m tt e e to t 0 day r rejected ej e c d tho t h a action c t I 1 0 n boi ld 0 of f t tho I 1 worlds V 0 rl d fair r c commission 0 artan la e ion 1 in n d deciding e that no cash prizes shall be offered for livestock live stock it was decided that should be appropriated for premiums either b by y the commission or the lo 10 local cal boom board ard ibis to be distributed among t the he various classes as fal follows iowa horses 41 1 per r c cent t cattle c 25 swine IS 15 cheep h r 12 poultry rv 7 A communication was received from the national commission commis eion informing the committee that the money would either have to come from the local directory or from congress Con grees there wa waa a nothing exciting ei citing in the debate before adjournment over the report of the committee on finance commissioner waller spoke of the general impression among the people at large hat that most of he the salaries fixed by the commission were out ra rage onely large white of new mexico igo prevented a resolution calling for cutting in two all of the salaries eal ariee except the director general mattin martindale wanted to cut cat all down except the director general to eix six tg thousand thon sand a ye year L r after a hot deba debate to andray number n n ra br of amendments the whole tattler matter was referred to abo committe on judiciary and finance |