Hill in such a way as to undo quickly what had taken years to accomplish. The plan to insure stability in control took form late in 1901 in the organi- zation of the Northern Securities Company, a holding company to act virtually as trustee of the Great Northern, Northern Pacific, Burling- ton, and other properties associated with Hill's name. The new company, of which Hill was elected president, had a brief and litigious ca- reer. It was attacked almost at once by the State of Minnesota, by the Interstate Commerce Com- mission, and by the attorney-general of the United States, as contrary to the Sherman Anti- trust Act of 1890. Hill had believed, and com- petent counsel had advised, that the Sherman Law did not apply to railroads, but in March 1904 the Supreme Court, by a five-to-four de- cision, declared the Northern Securities Com- pany contrary to law. Steps were taken at once to dissolve the company but there was further and protracted litigation over the method of liquidation followed by the company, which was upheld unanimously by the Supreme Court on Mar. 6, 1905. The failure of a plan which he believed to be economically sound and in broad public interest was a great disappointment to Hill. The disso- lution of the Northern Securities Company left the relations between the so-called Hill roads the same as they were in 1901, and the joint interests of the Great Northern and Northern Pacific were expanded in 1905 when the two companies joint- ly organized and began construction of the Port- land & Seattle Railway (later Spokane, Portland & Seattle). In 1907 Hill resigned the presi- dency of the Great Northern and became chair- man of the board. Succeeded by his son, Louis W. Hill, he did not give up his close contact with the affairs of the railroad, yet he took more time henceforth for matters of broad public interest. In 1912 he resigned the chairmanship but until a few days before his death in 1916 his interest in railroad matters was keen and constructive. The fact that Hill had an important part in the first years of the Canadian Pacific Railway, com- pleted from coast to coast in 1885, is obscured by his greater achievements in the Northwest. Don- .ald Smith and George Stephen had been of in- valuable assistance to him-when he acquired the St. Paul & Pacific. It was natural that they should turn to him for assistance when later the project of the Canadian line was taking form. He was a member of the original syndicate that underwrote the project; for a few years he was a director of the company; and personally he had much to do with the selection of the route and the policies of construction. The man to whom Hill belongs the greatest credit for carrying the un- dertaking to completion, William C. VanHorne, was recommended to the board by Hill. His in- terest was not entirely dissociated with that of his own railroad. For a time, construction ma- terials in large quantities moved over his rails from St. Paul to the border while Canada was without a connecting link of its own through the rugged and inhospitable territory around the northern shores of Lake Superior. It was Hill's belief that the wise policy of the Canadian com- pany would be to defer the construction of that difficult section of the line and during the early years to concentrate upon colonizing the prairies of the Canadian Northwest while continuing to use the American route through St. Paul. Van- Horne, however, thought otherwise and persuad- ed the board to undertake the construction of the Lake Superior section simultaneously with that of the far-western section. As soon as it ap- peared that the interests of the two companies would be competitive rather than mutually co- operative, Hill resigned (1883) from the Ca- nadian Pacific board. During the last twenty years of his life Hill was frequently called upon to make addresses on important occasions when questions of railroad regulation, finance, rates, and operation were un- der discussion. He usually responded freely to requests to talk to those who were interested in agriculture. The Great Northern was a pioneer in the running of agricultural demonstration trains, with expert lecturers, and Hill personally imported from England a substantial number of blooded bulls which he distributed gratis to farm- ers throughout the Northwest. He was an early advocate of the doctrine of conservation of natu- ral resources and was active in leadership of the movement of 1908 in that direction. His views on such public questions were expounded by him in more complete form in a volume, entitled Highways of Progress (1910). Hill's lifelong interest in Japan, China, and India led him to undertake an ambitious experi- ment intended to stimulate trade and commerce between the United States and the Orient. The Great Northern's balance of traffic, after a few years, was eastward in products of forests and •agriculture* The westward traffic was so much •smaller that a substantial portion of the west- bound trains consisted of empty cars. If a new traffic in commodities for export to the Orient could be developed, the commodities could be moved at relatively slight additional expense and subnormal freight rates would be justified. Hill had sent men to the Orient to make exhaustive studies and he knew the possibilities in the ex- 39