The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-06-01
WITH AN IRON HAND.
The steel Trust Controls Actions of
Subsidiary Companies.

Washington, June 1.-EIbert H.
Gary, chairman of the board of direc-
tors of the United States Steel cor
poration, appeared today as a witness
in the steel trust inquiry being con-
Quoted by a committee of the house.
When Chairman Stanley called the
committee to order there were also
present in response to official sum-
mons Norman B. Ream, Percfval Rob
erts, James Daley and w. B Dickson
alton. Whether all would be examined
today Chairman Stanley would not
say Mr.. Gary and his business asso-
ciates arrived in Washington early,
prepared to remain until the commit
tee could conclude its business with
them.
The committee of inquiry had it's
! full membership present today. Mar
tin W. Littleton of New York, who
was absent when John ". Gates testi-
fled last week, had returned.
There is not any doubt" Mr.. Gary
told the committee today. "that the
United States Steel corpoI alton as the
fowner of most of the stocks of the
subsidiary companies ultimately con-
trolls those subsidiary companies, in
cluding their management and con-
duct.
"The subsidiary companies have
their own directors and officers and
have the right to act independently,
but as the steel corporation owns the
securities, if the conduct of subsid-
iary company was antagonistic in any
way it would only be question OF
time when the administration of that
subsidiary company would De
changed"
Judge Gary fatty denied any knowl-
| edge of the proposed formation of a
combination to control the steel trade
of the world. He declared that he had
come to Washington to tell frankly
all he knew of the big corporation. The
disclaimer as to the worldwide com
bination was called out by statement
by Chairman Stanley that Mr.. Gary
was accredited with being the direct
ing genius of such a trust.
Mr.. Stanley intimated that these re-
ports had had much to do with the in
Iquiry started by the house of repre-
lsentatives. The examination of Mr.
Gary brought out the fact that the de-
partment of commerce and labor and
its bureau of corporations are not Co
operating with the Stanley commit
tee Stanley asked the witness If he
knew whether a report of the bureau
of corporations on its investigation o.
the steel corporation had ever beer
Submitted to President Taft or former
president Roosevelt. Mr.. Gary said he
did not.
Mr.. Gary declared he would furnish
all the facts and figures that the com
of the u. S. Steel corporation and it'
subsidiary companies "All that 'yot
need to do is to request what yol
want" he said, land we will furnish
it we will stand or fall on our re
cord"
He declared the bureau of corpora
tions, the report of which the com
pany has been endeavoring to get from
Secretary Nagel with the consent o
the president had been investigating
the steel corporation for five or 81,
years.
"The government investigation
thorough and exhaustive said MI
Gary. 1.-THE bureau of corporation
must have a house full of facts. 1t ha
cost the steel corporation hundreds o
thousands of dollars to comply. witt
the requests of that bureau for infor
nation and statistics"