New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-16
PEACE IN STEEL TRADE
INDEPENDENTS IND L. s.
CORPORATION MEET.
Up. Morgan a Speaker at Dinner
for cr-Judgc Gary Remark
ablc for Men Present.

n honor al dinner given last night by the in
dependent steel manufacturers of the United
states and Canada. There were los diners pres
eu, being or representing the producers of iron
and steel aggregating. respectively. 2l5OO. 900
snd 100000 tons. or 81 per cent of the total
rroduced in the United States and IS per cent
!, the total production OF the world
As Mr., Gary said in his speech. the affair WAS
some respects without precedent. The dinner
followed a meeting between the independents
and officers and directors Of the United States
Steel Corporation. at which it is understood A
new trade agreement was made
Judge Gary who made the principal speech
said the rule Might makes right" no longer
held good and that competitor was no longer
treated as a common enemy. Then he told how
in bygone days the weaker and poorer were fire.
oueniy crushed by methods used for their defeat
'rsgardless Of good morals or good police"
You believe In composition" the guest of
honor told the steel men, but not hostility in
rivalry but not antagonism; IN progress and
success for ALL but not IN the punishment or
destruction Of any"
Speaking OF the financial panic Of two years
ago. ex-Judge Gary made covert reference to
J. Pierpont Morgan, who was present as "a
financial giant who turned his face TO the storm.
and, with his friends he invited to help him pro
Tided assistance TO the weakened banks and
gave encouragement and cheer to the COM
munities at large" The speaker talked opti-
misticslly Of the prosperity Of the country
J. P. MORGAN A SPEAKER
feature Of the after-dinner programme was
speech by Mr.. Morgan-brief. it is true but
the fnancier so seldom INDUCES in speeches
that il was of particular interest Charles NJ
schwab who was the POSTMASTER did not fer
Mr
ferred 10 some of the distinguished men present
whom the diners would like to hear, there being
one IN particular, he said but one who would
not consent 10 speak. Thereupon Mr.. Morgan
srose, and the company applauded vigorously
Mr. Morgan said:
q GeRilemen s,li. wish il were in my power TO say
might say al another time would be pretty Door
~ ees t9-Rlsnd h l am am very much overcome by ali
have been working together for ten years in
n8c means 10 none ne Gf f. you appreciate how
al lust t9gether IL is impossible for me to say
how dsey s Eo ee for 70 a9sePt 9Ss Pn6 my
q yor sentiments toward tonight
JOssph G. Butler president Of the Bessemer
Ore Association, delivered the warm tribute OF
ne hosts to Mr. Gary when he said:
,,s nave We been present at gatherings where men
Rbnny IN tie manufacture Of steel but Sir this
k the first time the history OF tie Industry Uben
tle great heads Of all the concerns in the United
states and Canada have gathered to do honor TO a
Upe 10 our great industry.
GOLD VASE FOR JUDGE GARY.
Mr. Butler then presented TO the guest gold
vase eighteen inches high, and magnificent
Specimen Of the goldsmith's art.
ET-Judge Gary, who followed. denounced the
former business policy OF sitting competition in
these words:
bdn.{ }he days gone by never TO return it is be
Hi.-. ~ was a common practice for competitors
!, business 60 act in accordance with the rule that
c@t gs 'i;akts "a S right IlgL and that permanent sue
allni the greatest strength and power or the
rsl ne weaker or poorer were crushed and de-
@Iogea. competitor treated as a common
f1ei2s Methods for his defeat and overthrow were
Possibly IN some instances Teo,,n5eds sou TO- ti po1s &
dH11cIGE aaEaitase OF few. though that is
neal 10 tho general public and from the stand
~ " s'oo morals MAS shame and disgrace
TAKE ADVANCED POSITION
As to the sentiments Of the steel men gathered
around the board the speaker thus voiced their
Fentimeuts.
in re,r ~ 9i advocate combInstions or agreements
y opposed 10 the laws or to the pubiic welfare
ons l'y' expect the survival I'm business Of any
spen market and a fair feld The bTliic jntereEf @
opposed IN any arrangement which viii secure
~ peclniary success OF any individual not able
Rhst Ne advocate is fairness and friendship in
osless' cordial intercourse, confidence in each
toper} requested II IL is cleaimed the sligges-
tb.r tdeIfrred 70 arc not practical. the is
'-ey nae been carefully considered by the gentle
- TO attended this reception and dinner and
theories p" ''h you 'hey are no longer
He ended by saying:
aud 30 . conclude by saying tho controlling
scslei' d. the minds of those who are responsible
So% b. estimation 10 the great benefit of the peo-
49, NlS country. You have taken an advanced
m il, ga "lH not recede. Your influence for
49, VII b. appreciated You leaders i'm the
~ -1S,Ilal branches of hnman effort in this coun-
IN, " itft i you lead others VIII follow You oc-
~ nigh moral plane. Your voice in CONNER
bsge a. political circles will be potential. You
lhen Your heads and your hearts are right
al mankind
NihohS those present were;
among those present were John w. Alexan-
rsf' Robert Bacon George g BoIdt, w c.
.o"h' George +. Bser. A +. S Clark w r.
.s, George Q Crawford W. y. Dickson A
~ Dnhey. James Deering. Charles Deerine.
r-yAias A Edison, jr ". J. Filbert. W w
mic f. 81. Gary. r W Guthrie. D. II.
.-eDla, Leonard G. Hanna l.. F. Loree. presi-
-. delaware Hudson Company, New York
ny; Charles McVeagh. CYRUS II Mccormick
'It Mather James McCrea. Frank A. Nun
80 DSear g. Murray, c. S Mellen. VeryI Pres
~H'lles L. Roebling, Frederick W Roeb-
b. Scnwab president Bethlehem steel
n, ,"pshl' ArH York city: Powell Staclhousc.
~ Hehiiier, Francis Ly'nde Stetson Alexis "
! -!'soh' John A. Topping Richard Trimble
i-onas, W. a. Truesdale f. D. Under
~ d j. Welborn, Major General Leonard
A. % islst Ie-sslEg, henry C. Friclt william