The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-06-26
John WI. Gates,s Companies May
join Hands Witt, Jones
8s q & Laughlir.
OTHER INTERESTS COME IN.
Organization to Build Road from
Lakes to Pitts burg ! irr .'t l3l1
/ Sc, Move Already Made. s ",
fsrectal Il The Ti,nes-D lspatch.)


leaked out here OF one OF the biggest
business schemes since the formation OF
the United States steel Corp Ion, and lt' 4
1t8ts nothing less than. q plan TO, formu-S
late b rival to the big steel com ine--olne
which, for size and scope, Will almost
equal tho big billion dollar Trust. II H.
iintinlated here TINT tho Republic Iron
and Steel Company, Of which John vs.
Gates IL tile hond. $ and the Jones q ~
1.aughiin interests have combined ); that /
the entire Southern pig iron interests are or
being consolidated under the same ban
uer, ana that the Cambria Iron Works
viii also BE part and parcel OF the com
bination, TO say nothing OF tho man ln-R
dependent interests OF tho country. NJ n
$% The Jones g. Laugflln interests have
made the first open move In this war
faro BY arranging to build K their own
line to the lakes for ore carrying 3, ETC.,
] SO that they will |, DO Independent ot.tthe
lines said to be trolled ~ uae ssee.
Trust. 4, During the past week there was L'
granted to the Jones 6 }Lauyalln inter-
( ests the right Ito construct railroad
bridge across tho river ut 81 this place..
and n though 1t was given out ut the time
that II was merely O. move TO- assist AZ nc
Wabash Railroad to get into the works '
Of the Jones & Laughlin Company here,
It has come out since that the Pig $l1luc-
pendent steel concern has taken the
right OF way and surveyed line straight
through Allegheny and Washing tonS coullii ~
ties in nnsylvania, and are now pollln1t ::
inE toward the lakes In it he Vlcinlt 9, q
Cleveland. 55$ i{j I'D Vi. w I, 9t
"a In addition to this Jones & Laughlln
have taken on d several miles OF river
frontage on the Ohio several miles below
Pittsburg. whore, 1t Is understood they
will establish the largest ore yards yin
tho world and where they will build an an
other plant. presumably an arnor- plat e
plant. ID " oil al other steel mills Il III
" Pittsburg to Be battle-ground.
n The at disruption 5of the Southern pig
iron agreement during the past week has
been attributed to President T opplngi Of
the Republic Iron and Steel Company
who. since the removal OF his headq uar-3
tors from Chicago to Pittsburg, has been
hand In glove with the Jones 9; Laughlint
interests and those Ew who should Know
say the deal now showing front i, $$ was
framed some time ago and that Ut was
part a OF the move to locate the Offices OF
tho Republic Iron and Steel Company, at
Plttsburg, from where the battle will be
fought. ,tS s55s rs. 5sSssls XII: 7i5sa
The breaking OF the Southern pig Iron
pool Is understood Sin$ p ttsburg to- be the
opening gun Of President Topping, no
also dominates the Tenness Coal e Iron
and Railroad Company M and that N 81 is
tho object, OF the Gates man, BY O. con-:$
tinued cutting in rates on Southern pig,
to force the sloss shemN Steel con1b'i|-5
nation with them & to cover II the entire
Southern field in pig-iron. i5ss
The e ability OF Topping as 9 fighter
through 81 the cutting OF rates N IS A we'll
known. i$ I. 4. !. I, y. !.
also that the Republic II Iron and Steel
Company has Just lin ed up for a long
fght by taking ion 60 600 tons OF pig IRON.
buying 1t right under the noses OF the
Steel a Corporation here, and 1t was over
the sale OF 80 much pig to the big rival
that the Steel Corporate almost fell
o M 4 WITH the Bessemer Association. at
PittsburR. ut was not then figured out
by the leading interest Just what the
| Republic meant by taking on such "a O 4
world OF pig iron. Now they think they hey
know. 81. sS ,- si,853.
Steel Trust Watching T opping.
The United States Steel Corporation
lis fully alive to the conditions presented
and have sent some OF their pest me u
into tho South to look oyer :. the field and
man topping. Several good men from
Pittsburg were sent South on wire orders
nom New York within two hours after
news came that the pig iron pool had
been disrupted There were no cues Ions
asked here about who was responsible
They knew that 1t was the hand OF Top
ping, the man from Gates's office. and
| some /, quick thinking was indulged I'M
followed by some quick action.
Should tho Gates and Jones q Laugh
lin interests have consolidated TO fight
tho Steel Trust, as ts 4 now contiden ny
asserted In Pittsburg, thore will be a /
battle tho like OF which cannot now be h
grasped by the general public, Sa3 s