New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-15

Mr. Frick-wth the exception Of those A&ed by the
Aiding scale the OF is fixed arbitrarily.
Mr. Frick stated that the Carneeies did not control
the billet market. At Duquesne, he said, 800 tons
were turned ont day, while at Jones d LaughDn's'
the firm used yesterday for the purpose Of COM
parison 1000 tons were produced. lie thought that
was surcent show that the Carncgies do not have
q monorn. The new beam mill at Homestead was
completed about fifty days ago at cost OF S7oo
0oo
Mr. oates-what did thc Homestead mills cost?
Mr. Frick-The plant cost about 100000 or
s6GOoeCO II was said yesterday that Jones &
IAughln had much better mill than our twenty
throench mill. That may be true, but we Will LII, re-
are upder superintendent and what the men make
they heep while at Jones Lenghins, iney Ply
up by witness IS to the mGTsase ne6 GS o UE
eSpo1 TIA. man aO1 pays $50 On his properly
will advance The amount needed and permit MN o 70
interest and and we have never forcclosed a
mortgage. We pay our workmen, o, u FPS es
s siRRo'ooo.. "'''V O' O"' f'"'''''' "'s S,
Chairman oates then asked the witness ,d about u,
pigiron worth SD, and the cost to turn 1t into
Mr.. Questioning out the cost Of the plant at
Homestead, will You state what 1t costs TO make ION
Mr. Frick declined to answer the question: and Cns,I
man Oates remarked that he supposed ne ola not want
Mr.. oatcs-DO your earnings cut any figure in your
demand for a reduction OF wages - ,,.
Mr.. FrckYes. the loss speak OF on blooms o'ie's
and slabs had Its effect. ~
Mr. Flick denied report that his hrm mao .nSe a,
Mr. oatpeYour superintendent stated r hs sa i%
the amount Of steel at one half the former cost
Mr.: Fnck-That Is likely true as to the mill 70 VINO"
Mr. Bostner-why do you decline to give the labor
Mr. Frick~Becanso we do not think are called
upon to make public our private business affairs;
Mr.. Bynum-You asked for protection through the
Iwe dd not ask for any prots't ,Sst some
' Mr.. FncS replied that Park Bros. were exporting
some very ene steel, finer grade than Is made al Inc
Mr. Hynam replied that American m mannf9 e,
was exporting steel and competing IN the markets Vi
Mr. oates-Mr Fr.cl,, don't you undersell other firms
Ar. Rrich--We compete with other contractors:
Chairman Oates asked Il prices generally were not
lover NF sqR ef they :d he S % ss higher
and others lower He believed cotton was Lover Works
at Homestead Without reducing the wages Of the men
Mr.. Frich-No: would eventually be driven INTO
Mr.. groder4cSNYou said that the tariff had nothing
to do with the wage question at Homestead a.. altar
earnings OF every man whose wages will be reduced
Mr. Bynum-The iron industry was depressed from
1878 s7o and revival Of Industry was IN 1872 49,
1880 and 1881. During the wears 1850 and lesl the
greatest importations took place, did they mott
Mr Frick-I believe High prices would increase
the importatiOns There was great deal OF railroad
building during those YEAS which stimulated delnand
your mills steadily decreased during the last three
years Notwithstanding the tariff Is practically pro
hjbitOryi
Mr. Frick-Yes, sir. .
In answer to question BY Chairman Oates, Mr.;
the Carnegie interest. He said the company Wns
capitalized at S25. 5000. A..
Charles Mansfield realestate dealer. testified that
the first shot was fired from the boat.
A. J. Taylor. grocer said the first shot came nom
the harges and the second from the shore.
Chairman Oates then said that The con'mttee nad
finished It's Investigation, far rs the Homestead
trouble was concerned "The COMMITTEE" said Mr..
Oates has some further inquiry to make at other
places as to the Pnkcrton organization. The court
OF INQUIRY at piitsburg Is now adjourned"
The committee left the city for Washington to
night