The Wisconsin tobacco reporter. (Edgerton, Wis.) 1877-1950, 1908-12-25
CARNEGIE AS A
TARIFF WITNESS
Says Schwab Ought to Get
Vote Of Thanks.
HEOFFERS TOSTAY A WEEK

"His Solicitude for His Weaker Breth-
rem Is Sublime" Remarks Laird of
Skibo, Referring to Judge Gary's
Contention That the Smaller Manu-
facturers Could Not Stand For the
Abolition of the Duty on SteeI-Puts
Humor In His Statements.
Andrew Carnegie, whose published
views on the tariff question caused
considerable comment, took the stand
before the house ways and means
committee at Washington
The laird of Skibo castle testified in
support of the statements that he
made in his magazine article, declar-
ing persistently that the facts show
the steel industry needs no protection.
Praising the genius of Charles NJ.
Schwab. Mr.. Carnegie suggested that
congress should extend a vote of
thanks to Mr.. Schwab for his work in
improving the methods of steelmak.
ing in this country.
NO ForeI9n steel F1ere.
''His solicitude for his weaker breth-
rem is sublime" said Mr.. Carnegie, re
ferring to Judge Gary's contention that
the smaller steel manufacturers could
not stand for the abolition of the duty
on steel
Mr.. Carnegie pointed out that practi-
cally no foreign made steel is imported
not exporting here, because they have
an international agreement"
Representative Hill was DESTROYS of
learning more of alleged international
agreement between German, English
and American steel manufacturers.
Mr.. Carnegie gave little testimony
of value with regard to the supposed
international combination.
Mr.. Carnegie said: "The cost of pro
ducing rails at Gary won't be half as
much as in England, Notwithstanding
the cheaper cost of labor abroad"
Willing to Wait Week.
Mr.. Carnegie had planned to leave
for New York on an afternoon train,
but sent word to his servant to ar
range for him to stay over night.
81 consider it my duty as a citizen to
remain here a week, if necessary" he
said.
Asked by Alfred o. Crozier to re
main and hear his ideas of the tariff
on Steel Mr.. Carnegie said:
81 shall read your statement with
pleasure, and if it criticises me, l shall
say what a pity that man doesn't
know better; and if it is with me, 1
shall probably say, what wise young
man Crozier is.
One of the most interesting features
of Mr.. Carnegie's testimony was his
account of his rise in the iron and steel
business. He said that his first venture
was in the manufacture of cast iron
bridges for railroads to replace the
wooden structures Together with six
others, he invested $500 as capital
for the venture, getting his share of
the money by means of loan from a
bank
Tells Why He Retired.
Representative Cochran Intercepted
Mr.. Carnegie closely regarding his
early ventures.
'WilI you tell me what you want to
get at, and l will tell you" asked Mr..
Carnegie.
ct will tell you frankly" said Mr.
Cochran. 81 want to get what the
actual profits of your companies were;
the company which was great monu-
nlent to your success. For that Eur
- hot nj
tai was put into the company and how
that has grown"
''Why didn't you tell me that re-
piled the giver of libraries. amid much
laughter.
In explaining why he withdrew from
the steel business, he said:
81 had made up my mind, when /
was younger, that would never spend
my old age grabbing for more dollars"