The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-07-28
STEEL STRIKE
TO Be SETTLED
j. ?. Morgan in the Role of
a Peace Maker.
CONFERENCE is
HELD IN NEW YORK
-%
Said That Both Sides Have
Agreed to Compromise.

N~-A@|Sa
New York, July 27.-Formal neoo+,e-
tons for a settlement of the great
steel strike were opened here TODAY ar
a conference between President Sbsffa-
and Secretary Williams of the Anal
sanated association and J. Pierpont
Morgan and group Of his associates
OF the United States Steel CORPORATE
Inc conference and the movements of
the conferees were secret and no intf-
InaJlon or the result of the deIibera-
lions has come from anyone in author
ity 1t is believed. however. that sub
Stantlat progress toward an agreement
was made and that formal announce
heht or the compact for peace viii
| come within a few days
There has been much speculation as
10 the terms Of peace, but much of it
mas been pure conjecture. 1t was said
that the strike would be called off and
that there would be a RESUMPTION of
the negotiations of general labor ques-
tons at the point where they were
broken off at the Pittsburg conference.
In financial circles, however, the opin-
ioE was general that the prospective
agreement would go further than chat
and in itself dispose of the serious
questions at issue.
/ from several days Of preliminary dis
cUssiOn, all of which was Kept secret.
A representative Of the Anna lgamated
association was here on Friday and
was given a lengthy interview by an
official of one Of the companies forming
| the United States Steel corporation.
| The conference of today is believed To
have been practically arranged at that
time
Shafer and Williams slipped quietly
out of Pittsburg and were in New
York several hours before a hint OF
their presence reached the public. Mr..
Morgan and President SChwab of the
United States Steel corporation met
first at the Office Of the former and
were clOseted for some time. The
meeting with the labor leaders fol-
lowed.
The names Of those who participated
in the meeting. aside from the leaders
on either side, and the place at which
the cOnferees met were kept from the
! public. Mr. Morgan was seen after the
meeting. but would say nothing be-
yOud denying that he had any appoint
nent with President Shaffer Of thu
/ AIEalgamated association. President
SchWab of the United States Steel cor
/ poratiOn was also seen, but ne declined
to make any statement whatever.
VIII Be Settled in Few Hours.
The World tomorrow Will say. The
great steel strike viii be settled with
in few hours. Theodore J. Shader.
president Of the Amalgamated associ-
alton. slipped into the city yesterday
morning, accompanied by Secretary
! Williams They had several confer
ences during the day with officials Of
! the United States Steel corporation,
and an early settlement Of differences
is in prospect.
J. p. Morgan, who has been depended
IN - f-e-Fr-
giant company and its striking en-
ployees, gave up his day OFF, yester-
day and worked long hours as peace
maker. The basis of settlement of the
steel strike is a compromise, cOnces-
siOns being made by both sides. The
terms, it is understood, viii be about
as follows:
First-The mills recognized as nom
union on July 1, viii be continued az
such, save possibly where the Amalga-
mated association has effected strong
organization.
Second-The AmaIgamated associa-
ton viii recede from its demand that
the steel company sign the scale for all
mills.
Third-The steel company win pay
the scale in all mills, union or nom
union.
Fourth-AH mills shall be opea to all
men with or without union cards. The
association shall not attempt to force
men into the union or TO Oblige the steel
company 20 employ any union men
Fifth-The steel company viii per-
nit the organization of men when they
manifest a desire TO join the Amalga-
mated association or other assOCia-
tons
Schwab Anxious to End Fight.
The steel company officials several
days ago expressed their willingness
to renew negotiations with the Amalga-
mated association officials, and Messrs.
Shaffer and Williams started promptly
from Pittsburg TO New York Upon
their arrival here they went to the Of
fees of the United States Steel corpora
ton on Broadway There they we're
met by President c. NJ. Schwab. who
took them into his private Office.
Mr.. Schwab listened earnestly while
the strike leaders explained the basis
on which they would end the strike.
Mr.. Schwab, after he had learned the
views Of Mr.. Shaffer and Mr.. Williams,
FASTENED to the Office of Mr.. Morgan.
Mr. Schwab spent an hour with the
hnancier.
When Mr.. Schwab returned TO his
own Office Mr.. Shaffer and Mr. Williams
were waiting for him. At the confer
ence Mr. Schwab did most Of the talk
ing He told the strike leaders the
terms on which Mr.. Morgan would con-
sent to q settlement Of all differences
The discussion which followed was
evidently harmonious It soon became
apparent that all differences could be
adjusted. and Mr.. SchWab was beam
ing when he emerged from his once
shortly after 3 O'Clock, accompanied by
Nfessrs Shaffer and Williams They
too. seemed to be in good spirits.
Mr.. Schwab went again TO Dir. Nor
gan's office, where he remained more
than an hour. He then went uptown