The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-12-29

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"rr, ,,oo, nm. nan, ,,,u 50. a., ,ro
"e ''',' "'"t' p'o' WIN nus w NV
power mat II mas been recently was inc
| remark Of gentleman engaged in the
! steel b,sIn.ss M, -, s,nr, NJ mII,a n,yoy
,ro,,, ,,,,,S.,,.. III
''''' ""'''''S' """' c'Seu l" an '"''''
| 6ehcer reporter,
"rhr BcllaIre Steel Company broke
,hc ,rus, and IN, I,J.n.nI.n, corsrucr,
u. StrHL knowing thiS' intend 10 SICK tn
w w.; J.. " SiN.lS lS me preference even II
INV eollMthGs ihat are III me 20.
| 49, sH1uS htlleT prices lne ro"l'
""utl "an'." IdaI summer scHt IIlc piIG'
a. ~ I'I.! ui W" HSuTe tilat WINS hot JUST
mrn ny Tue wage scale ana the seher!'
."n''''I"n VI business huI the ihuCpchu
IN sO,"HhIcl" vi p'i'ets hhu l" grin anu
la 1t I"r 'WhlI", until one or Two 81
Wv Wv, 'uIll"uleS IN lhe pnHi-hot me heH-
III WI, ~ thr WurNS III MtlcH Wa tS
~ "'t t,c 0chuphDeTstr lhucpShucnS
"u' NV " h'Hp"fHII' CUT the scIit. W
| I ~" ~ tue members OF the poor 'hht CUT
| Iiu II secFruS' our prices We're cur JuSt
at.r suIlr' una Strri DlilctH we're Drought
I 4
| L'V, concerns az ti% cur. lrt ihr IuoI
| nSihh :" crush tI'c hcIIaIT" cpnctl's
tnrShu"s, h'Irr y 'Thg Stol, on account VI
i."l'NEtHIeHtf II hdu luSt Its tTdVc, unu
M'2 sNtl ulus OF no business ny 'le
| W. VI MNich II was II meN'ncT'
repeat 'he consumers al steer VIM
hit H"t III sympathy with ihe "leti poor
| movement !st summer 10 NOT iatehd
LHhJ ine hGIEtifr company. Nhich mas
inIue u :N'SlhIe 10 buy AT tSaSohlDl'
| prices ~ Gh open market shali De sent 70
'he WAL ny iHe combine.
IN tilS connection inc following from
ScStefuaS > CIcNclano Lender VIII DC
Ir"u VITA interest: speculation among
mon VINO are Wen acquainted win thc
status OF alIlrs IN the great steer lnlus,
'Iy puts iorwaTd Surmisc lhat me pooi
"'SeHl"dtiOh WIZ us us next move lCop'
pan alarming 10 people OF lHcail'iTS
| WHSFtih some OF inc liEEc Sst relatively
minor steel WORKS are located. rms IS
inc 3iAH Whlch was emNoStu py 'ne
su'i"Dodru and other pools FOR The limit
| Lhs OF production. It seems TO we!l-in-
formed observers mat the ORDERS Tor
Steel making are not sufficient tn 20 All
the way around with the productive ca
| p1SIly az II Is, ana Tue proposition which
I'm 'N''- < N''' 4'N'NNAAl-' ''N'' @h''''N -
ton Is considering Is the concentration
| OF work IN Il lew OF the great mills, ana
the suspension o; operations III other es-
| adjustments represcnted IN the pool
| though with dlylH!2E OF the pr0htS Dy
aiI, according 10 the practice OF POOLS
i VIII tell you one thing; matters are
| liktiy % 20 haFI with some OF the smarter
| mills, said n Steel tniSher IN CONVERSE
| ZION win Il reporter. lie was NOT one
| however VINO hdd suggested Inc posSl-
bIlity above Indicated. or course, no one
Knows what VIII be The outcome OF the
| present disturbed cond!tlOn OF anairS.
| Not even the members OF the association
themselves know, II Is thought. what the
| pool Will do. Even within that orGanl-
zation every man to large extent ID
| looking out FOR the first person. and
| schemes are not freely passed around III
4 dish for the delectation of all.
In the speculation about The po0ls fu-
ture, much significance IL attached To the
| Carnegie and Rockefeller movements.
! The development which their activities
HeeM 10 Indicate Is well IN line with the
| Surm!sh OF a plan for work conc5ntra-
! ton, ana Is sign OF the Industrial and
| economic condition 10 which business
| men OF large foresight observe the c9un-
| try 10 ne moving.
In this line every new event Is max
| ing more evident such advantage rs
comes from immense financial power.
consolidation Of Interests, and control OF
| all ramiilcItlonS OF a given industrial
| department The Industrial growth
| which is known by the maine VI
| Carnegie Is perhaps the best developed
| example 0s this within the students
! reach. 1t illustrates the observation
mad" by an Iron trade authority in talk
! ing with reporter yesterday, thattHc
| scaling down to Il remarkable minimum
OF the cost Of production Is now coming
| fully as much through more perfect in
dustrial organization as through the
utilization II improved mechanical up
| planes. The large Use OF the latter has
already put Mr.. Carncgie's interests
more than on an equality with the poorly
| paid labor OF Europe, while liz pays his
men. II ~ claimed, 20 per cent above the
wages which the times srrm5 10 Justify,
but he Is also employing 20 the advan-
taGr OF the end FOR which his orEauiza-
| ton works, the comprehensive ConsolI
dItiou uf Industrial specialized Where
| these take the form OF independent en-
| ternrigcS the numerous necessary profits
along the line OF productive activity 0f
necessity largely augment the ultima =
| cost. Where Interests are separate. the
| mine must have profit. likewise the
| mine railroad. the transportation line,
| the dock interests ut both ends Of the
lake route. and finally the railroad de
| livering che ore at the furnace. to say
T iUiI'Ir ~ materials. and tn" fuel pro-
im"nr,
I, T., the combination Of all these clr-
ments In one complex organism which Is