New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-07-11

TRUST WILL EXPOSE MOTIVES OF THOSE
WHO BRING FUTURE STRIKE" ACTIONS.

w f1O BRING FUTURE 'SIKlhE' ACTIONS.
With Hopkins Brothers out and Russell Sage out
the cOmplainants Il the latest suit against the
United States Steel Corporation only three
in number-Willam H. Curtiss. Bernard Smith and
J.. Aspinwan Hodge-no new name having been
added to the list yesterday. AbTam l. Elkus, who
is attorney for Mr.. Sage. and In whose office David
Lamar talked with the reporters on Wednesday.
said yesterday that his only relation to the suit
had been the Introduction OF the name OF Mr.. Sage
as a plaintiff and that now that Mr.. Sage had
given instructions TO have his name Withdrawn, he
(Mr. Elkus) had no longer any connection with
the case. Franklin W. Hopkins, OF Hopkins Broth
ers. when asked about the assertion of Robert y.
McCarter, counsel for Curtiss and his associates.
that the firm had not after all Withdrawn from
the suit. answered emphatically:
"Of course our name viii be Withdrawn. 1t
should never have been dragged in. We gave in
strucuons counsel. State Senator Wakelee.
OF New-Jersey. to this effect last Tuesday, and
out il win come"
The Stock Exchange firm Of ]. S. Bache & Co.
issued this statement:
wv. ]. Wollman, the partner in charge Of J. S.
Bache & Co.. authorizes the statement that the
rumors connecting his firm with the prosecution
Of the suit of Hodge Curtiss and others against
the United States Steel Corporation are entirely
without foundation; that Lis firm is neither pro-
noting nor aiding in any way in the prosecution
OF that suit. On the contrary. his firm favOrs the
conversion plan and all the stock it holds amount
ing 5000 shares voted by it in favor of the
proposed conversion
One of the Wall Street news bureaus published
yesterday the following paragraph. which is in
the nature general warning. and which ex-
cited much interest in the Street
representative Of the Steel Company is au-
thority the following:
For the benefit of those contemplating suits OF
nature similar TO some that have been brought
against will say that we will not fight these
suits in court, but will direct efforts an
exposure of the motives and the behind some
OF them. Concerning the honesty of the instiga-
tors OF the suits now pending have nothing TO
say-the questions raised VIII be determined on
their merits: but any attempts at hlackman In the
future will be fought to finish and will result in
some startling revelations. Attacks by certain
parties will be welcomed because they will afford
opportunity to rid the Street of evil that mas
crown 10 Formidable proportions by catering it
and yielding 70 it."
This statement is in line with the announcement
made two three months ago, high authority
that understanding had been arrived at among
the men in control OF many great corporate enter
prises. that any suits which might look like
strike" litigation would be fought uncompromis-
ingly, at whatever cost OF disadvantage 10 the
corporation menaced A series of stockholders
suits having every appearance OF having been In
stituted FOR revenue only has occupied the at
tenton of the courts during the last two or three
years and in the period a group OF men
whose identity is generally well known ha "a
thriven greatly I'm pocket, II not in Reputation
Their harvest time, though, seems drawing to an
end. -