The Sentinel=record., 1911-10-28

-'N.t hA M1ts MiiO Ildi
 been engaged as the governments special counsel, would occupy th, same position in the ease that Franl E. Kellogg did in the Standard oi case.
 official Washington IS stin wond ering how the preparation for the fil- Ing of the bill was conducted will s']rh successful secrecy. The bill was not Set in type in the govern ment printing office as such peti- tions usually are, but was printed by the private concerns that prints su- Ipreme Court decisions.
 It was intimated at the department lof justice today that the government considers it's case practically com iplete and on the whole the attorney general feels confident in going tc trial on evidence already obtained
 Gary to Rescue of Stocks.
 New York, Oct 27.-After a day of intense excitement in the stock market with especially severe de- elines in the securities of the United States Steel Corporation, the ap- pended statement was issued by FL bert II Gary, chairman of the board:
 '"l think it would be improper for me at the time to make any com ments concerning the suit which has been brought by the government against the United States Steel Cor poration, except to say regret ex- ceedingly that the department of justice felt called upon to institute lproceedings If any harm results, l it will fall on the stockholders and employes, aggregating a very large number and any loss to them must he deplored. It is time for every one to keep cool, with disposition 10 patiently await results. knowing that in the justice will be done to ali interests.
 q believe disclosure of all the facts applicable to the allegations Icontained in the governments bill of complaint as ground for relief will show the suit ought to be decided in 
 favor of the corporation on the msr- it's. and that the following facts will be established,
 l That in tse orgaaisatiea Of tbe steel corporation those in charge had no intention of creating a mon epoly. or of restraining trade.
 2. That the corporation never has had, or attempted to exercise mon opoly. or to restrain trade 3. That the conduct of the affairs of the corporation has clearly and positively negatived any effort or intention to violate any provision of the Sherman law
 1. That the existence of the cor poration has been of benefit and not of injury to it's employees, it's GUS. toners, it's competitors and the gem eral public.
 5. That no misrepresentation was made to the president relative to ths Tennessee Coal and Iron properties and that the motive of those connect ed with the purchase was to prevent a threatened general financial disas- ter which would have adyersedly ef- feeted the corporation as well as tho others.
 The statement is the result of profracted conference held earlier in the day. in which the participants were chairmen Gary, ! Pierpont AIoraan Charles Steele and George F Baker directors of the corpora fion. as well as several of the legal representatives. Other than this m word came from any official of inc corporation. It was the inten. Hop of the heads of the steel corpor ation to make no public response to inc action of the government until next Tuesday at the quarterly meet lnr when the financial statement Of tbe third quarter Of the year is to be ssned Bg reason of the shrinkase of the steel stocks in today's market and because of numerous inquiries from all parts of the country and abroad however the directors later decided to make known their attitude at once
 The stock market was thrown into confusion at the opening this morn .ns hy wild rush to sell steel stocks and inc owners of the securities in au parts of the country and Europe, alarmed at the didsolution suits nourea in orders to sell, and when inc stock exchange opened the broF- ers were massed about the post a, which steel stocks are traded in, Tho preferred stock fell more than E points to 1os. The stock market