Omaha daily bee., 1911-06-09
GRAND JURY QUICKLY RECALLED
Chief Engineer Of Pittsburg Coal Com
psny is First Witness.
JUDGE GARY DENIES MONOPOLY
Say Percentage of Domestic Business
by Combine Decreases.
NEARLY CONTROLS EXPORT TRADE
International Institute f. Not In
tended 60 He n Worldwide
Trust in Any
Sense

PITTsBURG. June ga federal investi-
cation into the affairs OF the Ptttsburg
Coal company and the Monongahela River
Consolidated Coal and Coke company Of
this city, to ascertain whether an attempt
has been made to create a monopoly In
the coking industry, was begun here this
afternoon by a special session OF the May
grand jury which had been hurriedly re-
assembled.
The probe ls an outgrowth OF the con-
gressional inquiry into the United States
Steel corporation and a gigantic coal deal.
amounting to S1s0Oo,OOO. which Is nearing
contamination between the steel corpora
tion and the coal company, will, II is said,
figure prominently.
q. ]. Taylor, chief engineer of the Pitts
burg Coal company was the first witness
called. A large number of prominent coal
operators have been summoned.
The grand jury adjourned at 4 p. m. and
will resume the investigation tomorrow
morning.
Gary Denies OnOpOly.
WARRINGTON. June s.-Judge Ebert H.
Gary, undertook today before the house
steel trust investigating committee to show
that the United States Steel corporation,
OF which he is the head, does not control
as large a percentage OF the steel business
OF the United states as 1t did on the date
OF it's formation.
He insisted that as against a 60 per cent
control of the domestic business in 1901
the corporation at the present time Is
able to direct only about 30 per cent of the
domestic output. OF export business, how
ever Mr.. Gary said the steel corporation
controlled about 90 per cent
While on the subject of export business
Mr.. Gary referred again to the proposed
formation of an international steel insti-
tute at Brussels.
II hope, he said, that through an
Interchange Of ideas there can be brought
about q condition OF equilibrium in the
worlds steel trade.
II do not want any one to get the idea
that any one considers securing an agree
ment. II you win look into the minutes
OF our meetings you will sec the matter
outlined and think you will see that there
is now some disposition on the part Of
Germany to recognize our rights from a
neiEhboring standpoint. The Germans and
BeIsians are the most aggressive and
largest foreign manufacturer"
Mr.. Gary insisted there was not "a
scIntilla Of truth in the idea that al In
ternational trust" was contemplated. He
said that in arranging for the meetings he
had entertained no thought Of going be-
yond the rules OF propriety or the law"
No Division of Territory.
Mr., Gary denied any knowledge Of any
agreement in the steel industry whereby
business territory was Gpportioned and
violators Of the agreement punished.
our policy" he said, has been pub
licity. We have endeGvored from the be-
ginning to publish all the facts and figures
relating to business. We believe that en-
forced publicity OF corporations is the most
efficient thing that has been suggested to
secure and maintain fair conduct of busi-
ness. We believe that It is the first es-
sentiaL"
DismantlinE of Plants.
Representative Young questioned MIR. Gary
concerning the dismantling OF plants taken
over the Steel corporation. Mr.. Gary
said he remembered only one such case,
that the plant at Troy. N. Y, the oper-
ating of which had proved to be imprac-
tlcable.
I'VE have never purchased any plant"
MIR. Gary insisted. with the intention OF
tearing It down or getting It out Of the
way for the purpose OF cutting out com
petition"
I'm buying properties have you ever