The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1901-05-11
ECONOMY IN OPERATION.
Inc Keynote That is Being Sounded
by the United States Steel
Corporation.
POLICY OF GENERALIZATION ADOPTED,
A that, While 1t VIII Re-
dound to the Prosperity of the
Central Locations, Will Mean Ruin
to the Localities Slated for Adam
dOnment.

to the Localities Slated for Adam
-
Pittsburgh, Pa, May s.-The Com
mercial Gazette publishes the follow
ing:
The UnitedS States Steelcorporation
has adopted the policy of c~entralizing
operations, of abandoning its smaller
plants, those disadvantageously To-
Gated inc those that can not be run
economically. The work heretofore
done at these plants will be trans
ferred to those that can be operated
TO the advantage of the company. OF
the details L can say nothing. l only
know that to work out some of the
details of this policy, operating heads
of concerns of United States Steel
corporation have been in conference
in New York. Undoubtedly the plan
will revert with greatest benefit to
the Pittsburgh district, as the most
favored of all in which the United
States Steel corDora ton o~perates"
Thus Spoke Joshua Rhodes.
The above is the statement of
Joshua Rhodes, of Pittsburgh, retired
as chairman of the board of directors
of the National Tube Co., now a con-
stituent of the United States Steel
corporation, in reply to an inquiry as
to whether the new Morgan combine
had adopted such a policy.
Adoption of this policy of centraliz-
ing operations by the United States
Steel corporation will mean to the
Ds+,-lual 1:.,,;at &c n rrial into &c
feet without delay, the bringing here
within q wear of about 10000 mill
men from the plants of the company
that will be abandoned. Massing of
much more of the operations of the
company in Pittsburgh will not only
add to the number of mill men en-
oloved here but the plants from which
the most important supplies of raw
material are drawn in this district
will also take on more men. This is
aotably the fact in relation to the
cooking plant of the company in the
counellsville and adjoining fields.
In the Interest of Economy.
The underlying companies of the
new Morgan combine have been work
ng toward the same plan of mobiliz
ing operations and abandoning the
isolated and smaller plants and those
that can not be operated economical
". The American Bridge Co. has hat
olans drawn for "a new $1,000, 00I
plant to be erected in the Pittsburgh
district. The American Bridge Co
aas its plants scattered through tn
east At noints where they are ut
disadvantage to operate and some ar,
considered for abandonment.
Reelection of the Morgan Policy.
Recent announcement that tn
American Sheet Steel Co. had give,
M its plan to operate the new an
,ostly plant at Chester, W. Va, was
reflection of the new policy of tn
new Morgan combine. The equiv
ment of this plant will be taken t
V~andcrgrift where the most moe
.rn plant of the compan
that of the Apollo Iron 81 Steel Co,
oDerated. Since the sheet compan
formed it has abandoned a numb,
Of its plants of lesser Importance ar
nearly all of the apparatus of the
was sent to Vandergrift. 9th
plants of the company, located
Cambridge, East Liverpool, Cosho
ton, Denison, Dresden, Niles, Canto
lanai Dover and Piqua, O., al
Carnegie and Hyde Park, Pa, a
among those which are being consi
cred as best to abandon and the
equipment to be conferred in a larg
olant at Vanderbilt.
1t Will Take Time.
The sheet company is now abo
two months behind on it's orders, a
the centrslization of its scatter
O. o xy.-- 4