AMERICAN RAILWAYS
PIERPONT MORGAN'S OPERATIONS AWED RIVALS. (By Telegraph.- Press Association.- -Copyright, WASHINGTON, 20th May. The Inter-State Commerce Commission, which is Investigating the affairs of New York, Newhavcn, and Hartford railway, has learned that the late Mi*. John Pierpont Morgan spent millions in acquiring subsidiary properties, while other financial magnates associated with him looked on awed. Mr. C. S. Mullen, ex-president of tho railroad, declared that Mr. Morgan treated him like a child. He felt too a\veil v to questiqn anything that Sir. Morgan did. Mr. Morgan once consulted Sir. Roosevelt about some purchases, and on that occasion Mr. Roosevelt warned him that he must keep inside the law, whatever else ho did. [Sir, 1 Mullen recently stated that £240,000 was set aside to buy alterations to railway charters.] '
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Evening Post, Volume LXXXVII, Issue 119, 21 May 1914, Page 7
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129AMERICAN RAILWAYS Evening Post, Volume LXXXVII, Issue 119, 21 May 1914, Page 7
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