The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1908-12-26
CARNEGIE AS A
TARIFF WITNESS
Says Schwab Ought 10 Get
Vote Of Thanks.
HEOFFERS TOSTAY A WEEK

"Hlis Solieitude for His Weaker Breth.
rem is Sublime" Remarks Laird Of
Skibo. Referring 70 Judge carys
Contention That the Smaller Manu-.
facturers Could Not Stand For the
Abolition Of the Duty on steel-Puts
Humor In His Statements.
Andrew Carnegie, whose published
views on the tarin question caused
considerable comment. took the stand
before the house ways and means
committee az 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 70 Mr. Sohwab for his work in
improving the methods OF steelmak.
Ing In this country
No Foreign Steel Here.
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
into this country. "other parties are
not exporting here, because they have
an international agreement"
Representative Hin was dssirous 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 az 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 10 his servant to ar.
range for him TO stay over night
81 consider II my duty as citizen TO
remain here week. II necessary" he
said
Asked by Alfred o. Crozler to re.
main and hear his ideas Of the tariff
on steel. Mr. Carnegie said.
Il shall read your statement with
pleasure. and II II critlcises me. ! shall
say what pity that man doesn't
know better; and II II Is with me, 7
shall probably say, what wise young
man Crozler is.
One Of the most interesting features
OF Mr. CarneRie's testimony was his
account OF his rise In the iron and steel
business. lie said that his first venture
was in the manufacture of cast iron
bridges for railroads 20 replace the
wooden structures. Together with six
others. he invested $1,000 as capital
for the venture, getting his share OF
the money by means OF a loan from a
bank.
Tells Why He Retired.
Representative Cochran Intercepted
Mr.. Carnegie closely regarding his
early ventures.
"Win you tell me what you want 20
get at, and viii tell you" asked Mr..
Carnegie.
Il will tell YOU frankly" said Mr..
Cochran. ~ want 10 get what the
actual profits Of your companies were;
the company which was n great monu.
ment to your success For that pur
pose want to find out what cash CAPT
tai was put into the company and how
that has grown"
"Why didn't you tell me that" re-
piled the giycr Of libraries. amid much
laughter
IN explaining why he withdrew from
the steel business, hc said
Il had made on my mind, when I
was younger. that would never spend
my old age grabbing for more dollars"