davidaulloa/AmericanStories huggingface dataset:
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
.DISCUS SION SOBRE
Cuba en- ell Sc
nadO.
EI CongresO J no el EjscutiVO dehe
dispOner Ia pOlftiGa de los Esta-
dos llnidOs en- Cuba.
TIllman preguDta Cuando termInara Ia Intervsn-
Cldn J no ausda cOnteat0 De ID raspuesta.

WashiDgton.-Al trataFBe On Ell Sanado
de los cr6ditos para el ejercito, Be puso So
bHe ell tapete la question de Cuba.
El senador Bacon ha dicho que no le
satisface que 81 Congreso Biga d6cilmente
Ia lfnea trazada por el gobieFno, pues al
poder legislative y no al Ejecutivo COM
pete detsrminar Ia conducta que hayan de
geguir los Estados Unidos On Cuba,
IL CongreBo, segdn 81 orador, no egta
desempe1ando 81 papel que le correBponde
y serfa IN error fatal que terminases la
actual legislature sin que planteara fran
camente la question de Incompetence del
Ejac1tivo para hacer 10 que ha hecho.
La disoluci6n de Parlamentos, el levan.
tar ej6rcito en- el extranjero otEOB actoB
de esta fndole no pueden ser realizados,
segdn Mr.. Bacon sino por 81 Congreso
Federal, aunque de 6f se hsya preacindido
por Mr.. Roosevelt y guS Secretaries.
A 50 vez el Benador Tillman pregunt6
al Comit6 de Asuntos militares 81 podrfa
darle aIgdD dato respecto de la fecha en-
que cesar6 la intervention On Cuba contes-
tandole el presidente del comite que no
podfa facilitarle niuguno.
Volvi6 de nuevo entonceB Mr.. Tillman
& hacer uso de Ia palabrs declarando que
era raro que nadie estuviese en- el secreto
de asuntoA tan extraordinarios y graves,
reiterando su deaeO de Baber la fechs en-
que 90 Celebraran las eleccioncB en- Cuba
y Cuando dejar6n Ia isIa los Estados Uni
dos.
Ell Senador Culom diio que ambas
cosag sucederdn su debido tempo 10
que Mr.. Tillman respondi6:
ST, cuandO el Magnate de la Casa
Blanca 10 reSuelva, usted me 10 dir6.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
CONSEJO eJECUTIVO
(Sesi6n del dSa IS pOr Ia maNossG. J

Hoy es dia de conferenciav.
La ceIebran d senior Conception con el
sefior Acula, eI speaker" de Ia C6mara
con Mr.. Post, el ComiBionado del Interior
y su assiBtang con los sefores Palau y
Francisco del Vale AtiIes, ell doctor Go
mez BrioBo con Barcel6. Varios taqui-
grafoB hay en- Ell Consejo, unoB nativos y
otroB americanoS 10 cual demuestra que
habrS combate hoy.
Las comisioneg permanenteB ira bajan
con actividad, y el Befior Post no 90 d6
punto de reposo atendiendo & unoB y &
otros.
En- el salon del p6blico muchas perso.
mas desconocidas 8 sea tai vez aBpiranteB &
deBtinog. Sc refuerza el personal On las
ofcinas para preparar ell calendaEio.
Sc abre Ia session las II. La Comisi6n
de instruction iuforma el FL. B. 80. La
de conferences informa favorablemente el
G. B. 25.
El H. 80 fu6 aprobado sin enmiendas.
Favorablemente 81 G. B. rs. Ell presiden.
to frma el G. B. 81. ~
Firmado el G. B. A. Aprobado el ii.
B. 4. Pasa Ia comisi6n de salud p6blica.
Id. a. b, No. 1Oid.
La C6mara informa eI Fl. B. IS sobre
servicio civil y pide cOmisi6n de confe-
rencias.
Aprobados los H. B. 4, 81 y 66, Ell c.
B. s, para extender el sistema telef0nico,
con enmiendas.
En- receso el Concejo.
Trabajan las comisiones eBpeciales.
Ell fiscal del supreme cOnferencia con
el attorney y el doctor Barbosa con Mr..
Post
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
UN GRAN PELlGRO, AAOCAE

En- Ia calle de SSTetudn, cercs del uitio
denominado Ceuta, estuvo anoche al des'
cubierto una boca de alcantarilla.
Como por Rllf el alumbradO no es muy
efciente los viandanteS corrfan gran peli-
gro, que ignorando este pudieron RIgunos
ir parar al fondo inmundo de Ia aIcan'
tsriIla rompi6ndoge de paGo el bautismo
POGO menos. Nj siquiera habfa allf alg6n
farolillo que indicara el peIigro, y 81 NADIA
ocurri6 debi6se sin duda 4 piadosos yeci.
nos que SO convirtierOn en- vigilantes adj
virtiendo todo el que psBaba que tratas
de no meter Ia pata en- dicho hoyo.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13

queios cuando en- esos casinos se iuegue
no hay que pretender Sc tengan como ia
les. Sobre todo cuando no 30 puede entrar,
segdn dice luego la ley, sin mandamisnto
del jueE.
El senior Blondet SO manifesto en- ell
sentidO de que reSultaria impossible que Ia
policfa pudiers aaber como Sc iuegs en- un
local sin que anteB haya entradO en- 81.
Que 90 opone Ia enmienda del doctor
Zeno.
Este lee ID becci6n La. Que este acaba
de aprobar la C6mara hace minutes Y
no hay raz6u para que no se sprueba esta
enmiends que guards relaci6n con Ia vots'
da anteriormente. So vota. Derrotada por
msyoria. ....
El aefor Guerra dice que aqu1 no hay
iugadores de profession nj honradog de pro-
fesi6n, que le diria esos sefiores ex6ti.
cos que hacen leyes sin ConoCer nuestras
condolences que no saben 10 que dicen.
Que por que no SO ataca & los borFachos
que desds hace ocho aios sa ven aquf.
QGesa quite 10 de 'jugadOres de profss
sion" -
fGaAsiaVarhN
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
CALOR SOFOCANTE
en- Cayey.
PaIeCs que fu6 aIIi saGrifiCada una
res en- p6Sima COndiCi6n.
Ra aumsnlado sI prsCIo Do Ia carns.
(De muestrO cOrrespOnsal. }

Mario IL
Aver sinti6se aquf un caIor sofocante.
Por este motive salimoB al campo por
ID carretera que conduce & Aibonito en-
busca de aire puro fresco para fortalecer
nuestros pulmones &vidos de ese factor
tan necesario para la vida. Cuatro era
mos l. 8 paseantes; don V. j. Vidal, don
M. Fernandez, don r Osuna y este
corresponBsl. Al pasar por el matadero
vimos una vaca en- sl patio, vieja, faca,
fea, Fepugnsnte que tranquilamente pa
cfa. Su nauciabunda presenciR hito
arrancar del pecho del seior Vidal eata
exclamation: ''Mirad. Ese asqueroso
animal que veis ahi, no dudarlO, Berd
del cual vamos conner mafiRna."
va de vuelta observamoB que Ia vaca
no estaba allf, y preguntando un chi.
cuelo nos manifesto que habfa sido sacri.
icada; mas no obstante queriendo saber
lR veTdad, penetramos en- el matadero y
pudimos yer en- IN angulo, gobre eI piso
deBperdicioB de dicha res. Nosotros que
somos los llamados velar por el bien de
los hahitantes de este pueblo, que parece
haber Hdo tornado para Eaciar su Bed de
orc unos cuaDtos, llamamoB Ia atenci6n
del Rlcalde y del celoso Official de sanidad
paTaqus le paren el caballo, eSos q. con
alimentoS nocivoS la salud nos explOtan
tan despiadadamente.
-Segun me informa el senior Mendoza
por los dicereB de cierto correSponBal ha
ordenado ell aumentO de Ia carne que Sc
vendia % y 30 centavos ell kilo 80
PerO, senior jHer6 logicO de que 10 hecho
por un cagusfio 10 paguen los cayeya.
NOS?
-HemoS dido decir que sc estan colec.
ciOnando pruebas para presentarlas su
debido tempo contra varios individuos de
ID peOr valea por haber acometido en- des.
pobladO q IN pacfGcO Ciudadano de esta
localidsd.
Los baudidos la carcel, y las personals
dsOeRtes donde deseen estar.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13

KUESTRA GARANTIA.

Nuestras m6quinss de cOssr "Ths Arr.
w llevan un certifcado de garantfa por
diez afias. Els ls maquina de mejor cons
trucci6n y lleva IN nombre en- los EstadOs
Unidos que es suicients su garantfa.
Els Ia mas acreditada mdquina en- todO Ell
territorio americana, es Ia sin rival para
uso de famiIia.
siendo bien acreditada y siempre uSada
con cuidado 81 Sc deScompoue sera entire
gado la presentation de Ia garantfa que
les acompafie el importe que haya cOstadO
al Comprador.
Sc vende en- s.La Gloria" GEL CieIo"
y ia Vizcaina,"
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13

81 jurado que entendi6 en- Ia tercerfa
interpuesta por Bernardo Teruel, defendi.
do por ell abogado Ginorio, contra Pedro
A. Romero y Manuel TerueI, declare aver
tarde con lugaF la reclamation del terce.
rista.
El acto tuvo efsCto en- el salon de Ia
Corte de distrito de San Juan y 10 presi.
di6 eI primer gub-marBhal. 49,
Como pruebss Sc aportaron documentos
p6blicos y privados y declare buen ndmero
de testigos, informando los abogados de
las parties tercerista y ejecutanta
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
FaIlseI6 en- NayDgilsz Joaquin fsrruras.

En- Mayagdez falleci6 anoChe un apre-
CiabIe ioven de mucho talento de genio
laboriOso y emprendedor: joaquin Ferre'
ras Pagan. EjeFci6 On algunas oCasiones
81 periodismo y di6 4 la publicidad 81 Hbro
tit;slsdO "Biograffa de lSs riqueEas dc
Laerto RiCo."
Joven de porvenir una cruel dolenCfa
le arrebata 10 vida, en Cuya lucha fuS tan
RnimoBO combatienta
Nuestgo psame loo daudos todOa del
qaalegEade eampatgie
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
GaTtas dGtanidaS.

Arias Garcia Jose, Alfonso Hermanog,
Ateca y Cis., Adams, W. F. Arrue Juan
Bautista, Barcel6 y Ca. Benet Leoncio,
Cardona Pedro, Castrillon Fernandez,
Figueroa Roses Andres, Cruz GaSpar,
Custer Charles, Cruz Rivera Ernesto, Da'
Wis, L. g. Dorado Senior, Escobal Apgsli'
ma, Franco Rom6D, Flores Petra, Fiol
Victor, Garcia Amalia, Gambia Rafaels,
Gonzalez Juana, Hernandez de Perez,
Emilia, Latre Jose.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
NOtlCias de GuayaniIIa.
ElSei0rss atsfsGhos con los trabaIOs do IN
dSlsgldO.
Ode muestro cOrrespOnsaL)

Mario 12.-Acompafiado de su distin.
guida familia sali6 hoy para Cata1o nues.
tro distiDguido amigo don Ricardo ROdri-
guez, segundo conCejal de este ayuntamien.
to quien regreSar6 epte pueblo dentrO de
breveS diaS. lie deSeamOs feliz visje.
Los electores de ssts Secci6n estan
muy satisfschoS con los trabajos del dele.
gadO senior LluveraS en- pro de los intere-
Be pdblicoE
Sc dice que ha Bido trasladado para
otFo punto de la islR el Cabo don Jets
Colon. Mr.. Hamill debiera dejarIo aqu1,
% que es IN policfa que ha merecidO Ia
conhanza del pueblo.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
Ell TELEGRAPH
IL SAN JUSTO IL
De S. Me'oD 6 Comp.
3Aeaba de impOrar de EOp complete vaadO do de
L. mas alta novedad.

3Aeaba
Ia
FRANCIA s eabaeFOs
Bondas
costu
tohalla,
objetos
y
INGLATERRA:
de
panos
de
Esenas todos anuOs
cOnpra-
y l
Ni: Esta tanbn reOo un do
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13
MADE R A.

VendemoS de pichip6n tamafio Ike, 2x4,
1x4 y 6x6 precios rsducidoB, especial
mente en- cantidadeg gruesas-J. ApOnte
, Comp. San Francisco So. 6v.a.
En- ests imprenta se vende papal de pc
Ei6dicO visio $500 QuiuEal.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1907-03-13

En- muchos sitios en- Puerta de TERRA
Ba iuega los "pareO" y 'nones" y parece
que % llegs caEar grandea' CantidadeS On
pra iuego, SEatd pEohide 8 not
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
Small Corporations Grow Big.

| became attorney for a number OF
corporations. wire company among
the rest. In 1891 we thought it would
be advantageous to put several wire
concerns into one. The work was
turned over to me. We organized
the Consolidated Steel and Wire com
pany of Illinois, with capital oil
$4,000,0O0. 1t was an enormous en-
terprise in it's day. I bought stock
got Interested in the management
and was elected to the board of di
rectors. Seven years later we took
in moro mills. increased the capital
to $12,000,000 and were incorporated
as the American Steel and Wire com
pany.
In the meantime | had purchased
some of the shares of the Illinois
Steel company and had been chosen
director. There was a suggestion
that the company ought to buy a rail
road which connected several of our
plants. | opposed making two bites
OF one cherry and urged wider and
more logical combination, saying that
favored a consolidation which should
include the Illinois Steel company. the
Minnesota Iron company, which
owned mines; the Lorain Steel com
pany, whose works were on Lake Erie,
in Ohio; the Minnesota Steamship
company, which would supply our
water transportation: the Duluth and
Iron Range railroad. which would
take our ore to the lake; the Elgin,
Joliet and Eastern railway, and the
Mount Pleasant Coal and Coke com
pany of Pennsylvania. My theory
was to combine all the units of man
ufacture and transportation into a
single ownership and management
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
NOISES OF THE MIDWAY.

To unscrooge Scrooge, all the be-
guilements of the art persuasive are
let loose at you through megaphones,
for your mode has been anticipated,
and race of coaxers wheedlers, spell
binders, and bamboozlers raised up tc
make attractions attract Nothing can
surpass their moral earnestness,
granted you don't wink at them. They
cry up the shows with passionate
eloquence, sometimes even exhibit
ing the performers as a guarantee of
good faith and a stimulus to zeal
"Esau here-the ape man-only spe-
cha of his kind in existence "Prifi-
cess Fatima here, full-blooded Be
doueen from the stored city of Nine
web, will dance the mystic anaconda
dance, exactly as danced by Hypatia
in Holy Writ" Don't Miss the Fatal
Wedding! Sixty laughs to the min
ute!' Foolish House-cra-aa -azy
house-only dime, ten cents, the
tenth part of dollar!" You'll have
to hurry! The Whale is about to en-
ter the ring, POUNDS, what hubub.
r. l., Hartt in Atlantic.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
Something like Jumping.

The best story of a horses jumps
which comes TO mind Is that of CAL
ifornia cowboy. He was talking
steers to Leadville, and had camped
for the night on Fear River, near its
conjunction with the Little Snake. in
the middle of the night something
occurred to stampede the cattle. The
man mounted his bronco and rode
hither and thither on the flank of the
herd until their fright had died away
-Four or five times the rider felt his
horses give tremendous leaps, with
daybreak he discovered the cause.
The cattle had climbed to a level
plateau which is intersected by a
canyon for miles long and from $500
TO 2.0Go feet deep Its walls incline
toward each other at the top, where
the distance Is 10 or 90 feet. In rid
ing the man had kept the steers cir
cling about this plateau. A dozen or
them he fond had fallen down tnc
canyon and had been killed
Hoof marks showed him that the
great jumps made by his horse were
occasioned by the animals clearing
the canyon each time IL came to the
taking off spot
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
FuRLouGH DAYS.

But it is while the cadet is perform
ing sentinels duty in the dead hours
OF the night while there is around him
the mystery of darkness, that he
dwells on his coming furlough most
fondly. He clothes every hour of it
with the light and beauty dreams.
In his fancy he bears the timber and
the fields welcoming him home again.
he Tells the paws of the old dog he
hunted with as he leaps upon his
breast to kiss him; he sees the plain.
country church spire. reverently point
ing starward; and soon in his uni
form he is walking up IS aisle and
his mother is at his. side. Yes, yes.
furlough days; you are again through
the mists, and whit all the freshness
and spicy odor of blooming sweet
orlers. And yet no Id graduate ever
looks back to them that a smile does
not gather. And why? Oh, because ne
sees not he visions of his boyhood's
fancy, but a youth gloriously uncon-
scious of his rank callowness.-Gen
Morris Schaff in Atlantic.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
BENEFITS OF THEATER TRUST.

More concreteIy discernible, If not
more powerful, is the organization of
business of the theater. The nature
of theatrical trust, he so-called Syndi.
cate, is pretty well known, though
am inclined to think That its charac
ter has been somewhat unduly black
ened. Its purpose is frankly CONNER
cial To berate it for it's lack OF aItru
istic devotion to the art of the drama
is as Illogical and as erverse as il
would be to berate publishers be-
cause they do not endow libraries. or
picture dealers because they fai,
to give their wares to the art muse
ums. In a people, who of all mod
ems, have most stolidly refused to or
ganize in behalf of the greatest of all
arts, the cry that private merchants
have cast the drama to the dogs is
grotesquely comic. Two great ser
vices the commercial managers have
rendered us: they have raised the
calling of playwright and actor to
stable and lucrative vocation, and
they have familiarized the entire con-
tinent with many of the best works
of the playwrights of Europe John
Corbin, in Atlantic.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
Low Prices to Europe

The year 1904 would have been
full of danger under former cir
cumstances. 1t was then that we
sold large quantities of steel to
foreign countries. When we dumped
it. some of our critics said, upon
strange markets at a lower price than
we charged at home. We did cut
the price to Europe. 1t was either
cut or lose the chance of SALE Con-
sumption fell away in this country.
We had to go abroad or stop many of
our mills and furnaces. So we kept
Iour men at work by a temporary con-
cession to foreign buyers. | explained
the situation to President Roosevelt
and he told me that he thought the
facts in our case were unanswerable.
Before the creation of the United
States Steel corporation small con-
Germs went into bankruptcy every
time business slackened. The old
way was to rush into a vanishing and
falling market with slaughter sales
OF steel rails, pigiron. and everything
else Even the Carnegie company. big
as it was. used to slash prices right
land left Now there are scarcely
any small establishments to fail.
Therefore, there is steadiness in
that direction.
AS we produce from so to SIS per
cent of all the iron and steel in the
country. we are enabled to maintain
prices and save diminishing mar
ket from decentralization or panic. We
did so in 1904. If steel rails are
s2S ton. no man can hurry his or
der by paving more. and no man can
buy steel rails for a cent less. We
can produce iron and steel more
cheaply than can any concern In
America. but Il never has been
necessary for us TO do so. The presi
dents OF the independent companies
come here for help when they need
IT. They understand that we want
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
War Not Against Wealth.

All this must be stopped by the
rich themselves, or the mob may stop
it. There must be more honesty and
a higher sense of duty among the
financiers of the country. There will
be. In fact, the reformation has be-
gun. And let me say that Theodore
Roosevelt has been tremendously in
fiuential in creating a sound and
vigorous public opinion, and in com
pelliIg dishonesty to keep within the
law and the elementary decencies of
business. / know it is said he is
fighting capital. He is not. His war
is against wrong, and every good man
should sustain him.
Will the reaction from present
economic and business conditions help
the socialists? Not in the least. So
cialism does not brighten me, but it is
a question which ought to be met in
diligently and fairly | would vigor-
ously answer and oppose it. You must
remember that when a socialist gets a
home of his own or opens an account
at a bank he is likely to modify his
views. Prosperity is the antithesis
of socialism and other political follies.
All Americans are at work, and most
of them are saving money. Now give
them integrity in high places. in gov
eminent and in finance, and conditions
will be more nearly ideal than ever
before in the whole history of the
human race.
We shall have years of business
depression, but. in my Judgment. no
more periods of absolute paralysis,
such as began. for instance in 1898
Our money is more abundant and
stable than ever before. the wealth
of the country has largely increased.
and business is much better organized
and controlled than it was when small
establishments unsettled the situa-
ton by ruinous reductions in prices
and inevitable failures.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09

Morgan sent for me. He said he had
talked with Marshall Field, Mr.
Flower, and others, and that l had
been decided on for president l
was making $4,000 a year in Chicago
at my profession, having annual re-
tanners of $4,000. l had clients
whom | had served for many years,
and to whom l was much attached.
Moreover, | didn't see how l could
tear my home to pieces and move to
New York. I can't take the place. -
told Mr.. Morgan.
Why?" he asked in his brusque
way.
l gave him my reasons. We'll" he
replied. we expect to pay you for
coming here" / signed contract for
three years, refusing a longer period.
/ wasn't rich, but had been econom-
ical, and was independent l liked
my Chicago friends and business and
fully expected to return to that city.
but | haze been here ever since.
In seventy years. perhaps in sixty
years, our ore will have been ex-
hausted. l don't know where there is
any more in this country. When the
good ore has been consumed lower
grades, which are Improbable to use
now, will find market. There are
such deposits in California, Utah. and
Mexico. How long the inferior ore
doubt the legislators of cities and
states have been corrupted.
No doubt franchises have been given
away when they should have been
sold and the money put into the pub
lie treasury
No doubt some of our banks have
manipulated the currency of the coun-
try, making it dear or cheap, to ef-
feet values in Wall street.
No doubt directors and officers OF
large corporations have withheld in
formation about dividends that they
might speculate in the shares of their
own companies.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
Figures Amaze the World.

The different interests met in New
York and came to an agreement. A
committee was appointed to carry out
the arrangement and to fix prices.
Senator Spooner and former Gov.
Flc~Nr We're put on the committee.
but did not serve Robert Bacon. now
assistant secretary of state, and then
a partner of Mr.. J. Pierpont Morgan,
and myself were the remaining mem
bers of the committee, and the labor
fell TO us. We called the corporation
the Federal Steel company, and made
our capital s200.O00000. a figure
which fairly amazed the world OF bust
ness her and abroad. Mr. Morgan
has said that the Federal Steel com
pany seemed to be more stu.
pendous enterprise than did the
United States Steel corporation. cap.
italized at s1,4o0,Oo0. 900. which fol-
lowed three years later.
While we were engaged IN getting
the Federal company together Mr..
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1907-05-09
them to prosper. The country d
large enough for all of Us.
Price Cutting Not Possible.

Price Cutting Not Possible.
While we are friendly to our COM
petitors, and are willing and ready to
assists them in every way, they know
we win not permit them to cut es-
tablished prices. We make so many
things that a single competitor could
not live IL he invited our opposition II
he manufactured structural iron, for
instance, we could reduce our selling
price to figure below his cost Of
production and drive him out Of bust
ness. In the meantime we would be
making our usual profits on the rest
Of our products. If maker of rails,
however, can get $29 ton when we
charge $28, that is his good fortune,
and we don't object. But If he &C
cepts $27.95 he is likely to hear from
US.
So We have great power in our in
dustry, but there is wholesome and
effective check upon it, one that we
respect, and. might almost say. one
that we fear. The prices we charge
must be grounded absolutely on a
fair profit If they are not the public
in some way will punish u.s. Organized
and defiant greed doesn't go unwhip-
ped in the United States. The steel
corporation must have the good win
| of the people, and both policy, AZ men
of business, and desire, as good cit
izens move us to obtain it and to
keep it, l maintain that we have
given permanency to the most inn
portant industry of the country; that
we have minimized individual fail
ures; that we have kept men at work
during good times and bad, and thai
we have steadied business generally