New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-11
DENIALS BY MR.. CARNEGIE.
REPLYING TO "THE TIiEs's" ATTACK.
ENGLAND NEEDS FREE TRADE AS AMERICA


NEEDS PROTECTION NO STEEL Raj
TRUST IN THIS COUNTRY, AND NO
THOUGHT OF FORMING AN INTER
NATIONAL TRUST.
The New-York Times In an editorial ycster-
lay attempted TO answer what Andrew Carnegie
aid about trusts in the ua~vicw with him which
appeared in Tuesdays Tribune by curious coInci-
,ence the news columns OF The Tines contained an
attack MIR. Carnegie I" BY commercial cable from
own correspondents In London which announced
ihs; trusts invading England and that Mr. Car
iegle held responsible for them and charged him. on
DE authority Of a we'll known" bur unnamed. Radi-
val member OF Parliament with having frequently IN
conversation derdcd the Intelligence OF the American
people, who were big enough fools 10 cripple them
selves with tariff taxation in order TO make icw
manufacturers mlionaires.- The Tines CORE
spondent added that NJ Carnegie would neither deny
having said this IN substance" nor that In numerous
conversations this side Of the water he has rdl-
rued tho idea Of protection National policy :"
Add the words for England TO that last para
graph" said Mr.. Carnegie TO a Tribune reporter
yesterday and II Will be correct That IS what l
have said in speaking of Britain, not only in private
but the platform in Glasgow, before five thousand
people. II would be folly for England to enter upon
the protect We policy and food of her people
because she has not the necessary to increase
her production of cereals sufficiently to meet the
requirements of her people Therefore to quote
the words Of Mr.. Labouchere III l English
l would be in favor of free trade II were
an American would be in favor Of protection II
would be great folly for England to adopt the
protective policy ii would for America TO ADOPT
the free trade policy The whole theory OF protection
Is that It will furnish the consumer cheaper and
more regular market in which to purchase his supplies
than IL he were dependent upon foreign markets ior
them.
AN ILLUSTRATION FROM STEEL RAILS.
"No better illustration OF the truth Of this can De
found that furnished by steel rails To-Day theS
are selling sos per ton in the city OF Pttsburs'
They cost in England about $50 ship. The COST
Of bringing them TO the city of PtisburS Woulu DC
10, less than sc per ton. Therefore the American
railroad today is paying only 50 per ton moro lor
Is American rails than English rails would cost II
any railroad Official asked whether, II he was
dependent upon the English market for us rails the
difference would be much greater he would answer
certainly. To purchase in Europe one-tenih OF the
rails required for America even this year would raise
prices many times the difference.
Here IS significant fact bearing upon the dis
tinction between the TWO countries. The Englshman
at homo is for free trade but whenever he emigraes
10 a colony he discovers that what is good at home
would be bad in the colony Therefore. every colony
Of the Englshspeakng race proceeds at once to tiH
uate the introduction Of complicated manufactures by
taxing the foreign article The only exception 10 this
is the colony Of New South Wales which has no
minerals and pastoral land. So far. it has MOI
adopted protection but every other speaking
colony has. think those doctrinares OF England had
better consider whether is possible that they alone
are right and that all other English-speakns com
munitles wrong
NO INTERNATIONAL STEEL RAIL TRUST.
"what about The Timess international steel rail
trust for the spolation OF the whole world y
~ have already said that know nothing about II.
AL that / have heard about my connection with
steel rail trust found the cables Of The Tines
a. The Illness editorial, Mr.. Carnegie, replied to
your statement that there IS no steel rail and
that every mill ia America manages its own business
and fixes its own prices by quoting reports Of meet
ings OF steel rail manufacturers What have you 10
say TO that"
Il have this to say, that the statements Of news
paper alleged Interviews and alleged reports Of meet
ings no evidence whatever. But here is the alb
sOIute proof that there is trust In steel rails and
that every mill manages its own business and names
its prices. steel rails have fallen in price half
dollar by half dollar and dollar by dollar under the
effect Of free competition, until they now, have
already told you as per This is proof that
amount Of editorial writing successfully assail
The steel rail manufacturers Of this country have been
IN the habit of meeting year. sometimes oftener
10 confer upon the general condition OF the trade
give and obtain information bearing upon their pros
poets and arrange for statistics Much gOot has
10 all from these conferences but never has free com.
petition between them been prevented as is proved
ty the course Of the market for rails
TRUSTS AND FREE TRADE.
what operation has free trade trIsts97
"Why, it is under English free trade that trusts
have been most generally established As far as
know ! read Of trust IN America until the
steel rail trust formed In Britain. The Times
Of this morning refers 10 the Standard OIL Company,
but none Of tho Products the standard Oh Company
deals In taxed AT all There IS tariff on pc
troleuu. And with the copper trust. There is no
tarin on copper into America We export II just as
do petroleum"
The rest OF Tho Times's7 charges Mr. Carnegie
considered too absurd and trivial 10 waste his time
IN answering I'm detail Mr. Carnegie VIII 20
Pittsburg to-day, whore he viii remain about week.
LIDIA THOMPSON AND HER COMPANY ARRIVE
Miss Lydia Thompson and her English bulesque
troupe arrived yesterday the Queen. Both Miss
1hompsog and Marie Williams looked jolier, younger
and attractive than ever besfles being full
Of life and spirits. Miss Thompson said she had
Of the thoroughly equipped burlesGue com
bina;ions organized. They rehearsed daily
board the Queen during the entire voyage. and
SO well drilled that they could give complete per
Torrance al hours notice Nevertheless the
company pro' sedcd at olce to the theatre, and re-