The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1911-10-27

deputies for service as soon as pre-
pared.
They require the defendants to APP
pear in person or by council at Tren-
ton on Dec. 4, in answer to the petit
ton. The actual presentation and
prosecution OF the suit probably will
be the work OF Attorney General
Wickersham and his assistants at
washington.
Following return day, Dec. A. when
the defendants must put in an APP
pearance by counsel, they have until
the first Monday in january to an
swer.
After the governments reply the
court will probably appoint an ex-
aminer to take testimony. AS most
Of the defendants live in New York
and most Of the papers and docu
ments Of corporation are there, most
Of the hearings may take place there
The argument will be heard by the
fall circuit bench, probably in Phila-
| delphia
Many Deputies On Job.
New York, oct. 27.-The entire force
OF deputies under United States Mar
shall Henkel was put at the disposal
Of the government to day to finish the
| task OF serving copies of the bill Of
equity in the federal suit to dissolve
the United States Steel corporation
upon the officers and directors Of the
alleged trust, residing here.
J. p. Morgan, and z. H. Gary re-
ceived service last night, but thirteen
others remain to be served in this
neighborhood.
Wheat Market Affected.
Chicago. Oct. 27.-For the first time
in quite a while the December wheat
| option went down into the nineties,
selling of IN cents a bushel to 9sH.
The market was chiefly affected by
the weakness in the stock market re-
sulting from the government attack
on the United States Steel corporation
Sensational Allegations.
Sensational allegations fairly top
pie over each other in the govern
ment's petition. which is an equity
proceeding praying for injunctions to
stop the continuance of the alleged
monopoly and such other relief as the
court may grant.
The steel corporations acquisition
\ Of the Tennessee Coal and Iron COM
pany during the panic Of 1907 is de-
clared illegal and scathingly CRITICS.
ed. The petition declares that e. H.
Gary and Henry c. F'rick misled for
mer President Roosevelt when they
told him that, ''but little benefit will
come to the steel corporation from
| the purchase"
THE president" 1t says was not
made fully acquainted with the state
OF affairs, in New York relevant to
| the transaction as they existed. II
he had been fully advised he would
nave known that the desire to stop
the panic was not the sole moving
/ cause but that there also was a de-
sire and purpose to acquire conrtol OF
a company that recently had assumed
| the position Of potential competition
Of great significance.
The corporation thus greatly
strengthened its control OF the coun-
try's iron ore supply. it's predominant
| ing position In the south's iron and
steel trade eliminated a competitor
and en- unlawfully acquired power
| which is a menace to the welfare OF
the country and should be destroyed. =
Reference is made to the Gary din
ner although not by name. as meet
ings which accomplished more than
written pools or agreements. which
frequently were broken.
at was understood and agreed. "
says the bin. that the (steeI manu-
facturers represented at the meet
| ngs) were bound to protect one an
other, that to carry out this purpose
| their honor was at stake, and that
| the obligation binding upon them was
even dearer than life itself"
Interloclxing directorates through
those in power In the steel corpora
ton and who held positions Of in
| fiuence on the directorates of other
! powerful corporations. are mentioned
rs a method more refined. more en-
phonious and none the less more ef-
fective than pools.
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