The times. [volume] (Richmond, Va.) 1890-1903, 1900-10-16

10 attack ifuSis must soiiiS o.tiS 1s
ground than that the trusts make men
more dependent upon the good will, the
good faith and the earnest efforts of one
another.
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THETEIs1 IN ~ CONCRETE I'o 1.lIl
ave take fron, the New York Journal Of
Commerce the following most important
ana mos, interesting special dispatch 70 y
from Pittsourg. Pa.
The refusa, of the presidents OF the
leading trunk lines 10 give the iron ana
steel mills low rates of freign; to Seaooafd
on export shipments IS evidently not gong
10 stop the growth OF our foreign trade
If the latest achievement Of the Carnegie
Steel COMPANY can be taken as q crRs-
ron This company has just completed
n deal by which il has leased four br.1is!i
boats. known as Leatield, Theano, Pilhi
and Monks Haven. These boats Will each
carry ABOUT one thousand tons OF steel,
and in addition each Will have a Tow OIL
iarSes holding l.5oo tons of wood pulp. The
Carnegie Steel Company will haul the steel
TO be loaded in these boats from their mills
at Bessener, Duquesne and Homestead
over their own road, the PittsbuTs. Besse-
mer and Lake Erie. to Conneaut, dis
tance of 100 miles. At that point 1T WIZ
be loaded on these boats and taken via
the Welland Canal and ST. Lawrence
River 10 Montreal. The depth of water
in the Weiiand Canal will not permit the
boats to haul over 1000 tons, and the cargo
of pulp, 1.5e9 tons TO each boat, @iii be
iowed on barges TO Montreal. At that
place deep water is reached, and the wood
pulp vii then De loa ded on the boats ana
they will sail for Liverpool.
The importance of this movement can
hardly be estimated. 1t nlsai,s. however
that American steel makers are going to
invade for-ign ports more vigorously tran
ever before and that leading iron mills are
going 10 run full, thereby getting m!nl-
mum cost Tor production. Our surplus
material is going to be sent 10 TIE other
SIDE and in larger quantities than ever
before. This move of the Carnegie Steel
Company may possibly result in the rail-
roads agreeing to make concessions IN
freight TO the seaboard on foreign Ship
.nents, which SO far they have refused to
do.
The American Steel & Wire Company is
now building some large boats TO be used in
ocean traffic. and the Carnegie Steel Com
paay mas already paced. or will soon 90
so. contracts for the building of a num-
Der Of ocean carriers. W!l:ch will De useu
exclusively N foreign trade. The Carnegie
Steel Company has material advantage
over their competitors in the matter of
securing low rates on foreign shipments,
as they can haul over their own road to
Connealt al q very low cost, and from
there get a waterway to the ocean.
1t may be noted here that while s26 is
the price of rails for delivery in the United
States. Canada or Mexico, tne price of
rails for EXPORT is open. and the mills can
sell for the export trade at any price they
please The National Steel Company has
Just shipped LOCO tons of steel rails TO New
Zealand Thsse were rolled at their new
rail mill at Youngstown, Ohio. The price
of beams for the domestic trade is ~
cents d pound but for the foreign market
the price is open, and beams and other
forms OF structural material for foreign
sh:nment nave sold at much less than lla
cents a pound. The Carnegie Steel Com
pany recently took ID contract FOR about
800 tons of beams and other shapes for
an arsenal at kura. Japan. 1t is 20 be
erected by The American Bridge Company.
The whole trust problem, as an eco
nomic question. is involved in this dis
patch 1t will be admitted by all, anti
trust people as Well as trust advocates,
that IL is most desirable that we should
extend our markets in foreign countries
for what our soil produces and what our
manufacturers can make. But, on the
other hand our railroads say they cannot
carry Mr. Ca1aesie's products to the sea
coast upon Terms that will justify him IN
exporting them through the ordinary
channels. So Mr.. Carnegie builds his CIV,
railroad from hs works TO Lake Erie.
where he can load his products upon his
own ships and send them 10 foreign
markets that will Pay him a price Tor
them that produces him a profit, where
he can save the freight that this operation
enables him to save. Now, Carnegie
combination Genes about as nearly up 20
the popular idea of a trust as anything
can come. Is il desirable that he siiouls
be permitted 10 make this combination CT
Should ne be forbidden 10 make II?
Upon the one hand we have the ad-
vantases OF an eNtenied foraiga ira:ise:
for our wares and increased employment
FOR Mr. Casaesie's w1se-earnsrs, 20 Shcin,
wages that are paid by any one.Upon the
other hand, CIR railroads coni:1iaia tf.at
they are cut out Of Their legitimata traffic,
and their employees complain t-i;it their