New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-26
THE STEEL POOL COMMISSIONER.
PEOPLE IN THE COMBINATION APPROVE
THE SELECTION OF G. S GRISCOM.

PEOPLE IN THE COMBINATION APPROVE
THE SELECTION OF G. S GRIsCOM.
Considerable importance was attached by steel
representatives in this city yesterday the dis
patch from Pittsburg. published in The Tribune
which reported that at another secret meeting the
powerful steel pool had decided upon George s. Girls
com pool commissioner.
In the closing hours Of the convention OF the steel
representatives at the Waldorf few weeks ago.
when the organization OF the pool was finally ayr ei
upon, the question as 10 who would be selected io'
the important Office Of Commissioner was the upp r
most consideration. BY the terms OF the orsahi@i-
ton all orders for the manufacture OF steel Dlhes
were pass through the hands OF general oin'ef'
the pool commissioner under whose direction Dusl-
ness was 10 be distributed among the members o.
the pool according to the capacity and production OF
each mill. provided In the agreement
There were several candidates for this once. Inc
Carnegie interests large and influential. Endorsed
Percy Preston. OF Pittsburg. who had con'uc'eu
the correspondence and made arrangements among
the steel manufacturers OF the country to ho'd inc
New-York meeting. Mr.. Pres;ons candidacy. how
ever was opposed by interests as powerful "a III e
Carnegie companies The Illinois Steel Company IN
dorsed a former officer IN leading steel manuiac,-
urinG concern but he on the point OF gong
abroad and did not expect to return Until next Oc-
tober. As the current month Is one OF much ac-
t!vty the steel industry. and the month for which
the pool decided It's opening schedule OF advancsd
prices. 1t was necessary TO select as pool cornms
sioner a who would upon his duties I'M
medately.
The discussion over the merits OF different cnnd-
dates prolonged to the last hour OF the conven-
ton. and when adjournment was finally made no
result could be announced regarding the sentiment
Of the majority toward any particular name wnicn
had been mentioned for comm ssioncr.
Now with the news from Iittsburg reporting mat
q meeting there Of the pool had determined upon
Caorye q Grscom for the office, the representatives
in mis- city of the steel manufacturers yesterday ex-
pressed their approval OF the choice. Mr. Grscoin.
+ was said al the Carnegie offices. is a man OF ex-
nerience in the steel Industry and thoroughly In
Sormod on the details which Will arise In the ad-
m,nIxtration OF an office through which business
amountng 10 millions OF dollars Will be distributed
Mr. C;rist ON In the language OF diplomacy en-
nloved by one rep esentat:Ve yesterday, mas no
en,snslinp alliances, and he enters upon the ais,
charge OF his duties with an impartial hand and
fair Judgment. $500. ,,A 80 hoor, y,
He IL a Pittsburger. in touch with the neart H., or
the steel Industry which throbs N the smoky ivy
Hs headouarters have not yet been located accord
Common talk while the pool was beng formed III
New-York that the commissioner "ou'u "a'e no
office In this city. . A.. x,oos ,or
The subject of further changes IN the prices LOT
steel bilies in the East and West was thought by
many TO have come before this latest meeting or
the pool in Pittsburg, but no information on this
point had been received by the representatives III
New-York up to last evening. 1t was generally De-
heved that no action had been taken In regard 10
prices as the schedule for this month was fuiy ana
1inally decided upon at the Hotel Waldorf