Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1901-05-09
Policy Of Mr.. Morgan Regarding the
Operations Of the United States
Il Steel Trust. 5 a. 4. f5s Is s555 81
Small Plants will be Abandoned and
" the Manufacturing Concerns to 45 4
4, :s,s s:: f35ss5S5 be Centralized ~ " III
Statement Of the Proposed Trans sactions
j: Of the Immense Manufacturing %
i IA .Ess y Concern. ss$ s:.s s45

Inc united States Steel corpora
ton has adopted the policy of central,
izing operations, Of abandoning Its
smaller plants, those disadvantageous
ly located and those that cannot be
run economically. The work hereto
fore done at these points will be trans
ferred to those, that 5can be; operated
to the advantage Of the company.
Undoubtedly the plan will revert
with greatest benefit to the Pittsburg
district as the most favored of all in
which;the United. States Steel corpora
tion operates, b; -. So :
rs The above statement of Joshua
\ Rhodes of Pittsburg, retired as chair
man Of the board of directors of the
National Tube company, now 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. Ss.s 81; s..
=. Adoption Of this policy of central
izing operations by the United States
Steel corporation will mean to the
Pittsburg district, If carried into ef-
feet, the bringing here within a year
Of about $1,000 mill men from plants
of the company that will be abandon
ed Massing Of much more of the op-
erations Of the company in Pittsburg
Will not only add to the number of
mill men employed 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 notably the fact in re1a-
tion to the coking plants OF the com
3pany in the Connellsville and adjoin-
Ing fields. s s. .s3. .:,r.sz ,ssS. .}
szS The underlying companies of the
Morgan combine have been working
toward the same plan Of mobilizing
\ operations and abandoning the isolat-
led and smaller plants and those that
cannot be operated economically. The
American Bridge company has had
plans drawn for new s1,OO0,OOO plant
to be erected in the Pittsburg district.
The American Bridge company has Its
plants scattered through the east al
points where they are at disadvan-
tage to operate and some are consider
sed for aband donment. = (. y 5S d n
ss5 Recent announcement that the
American Sheet Steel company had
given up It's plan to operate the new
and costly plant at Chester, W. Va,
was q reflection Of the new policy of
the Morgan combine The equipment
of this plant viii be taken to Wander
|5grift, where the most modern plant Of
the company, that of the Apollo Iron
and Steel company, IS operated. Since
the sheet company formed 1t has aban-
doned q number Of its plants Of lesser.
imp portance and nearly all Of the APP
paratus Of these was sent to Wander
grift. Other plants Of the company.
located at Camhrid idge, East Liverpool,
Coshocton, Denison, Dresden, Niles,
Canton, Canal Dover and Piqua, Oh:
and Carnegi and Hyde Park, Pa, are
among those which are being consider.
ed as best to abandon and their equip.
ment to be. eentered In a larger plant
at Vandergrift. The sheet company
Is now about two months behind on
ITS orders and the Capitalization OF its
scattered plants will take time.