The Miller press. [volume] (Miller, S.D.) 190?-current, 1911-11-02
BREAKING UP OF CONSTITUENT
AND SUBSIDIARY CON-
PANIES SOUGHT,
SUIT Is FILED AT TRENTON
Separation From Tennessee Coal and
Iron Asked.-Canceilation of
Hill Leases Is Also One of
Objects Of Litigation.

iSiiNSbp "Nio'Js ~ "
ernment's long-planned suit to break
up the so-called steel trust was be-
gun here in the United States circuit
court. 1t is the most sweeping anti.
trust action ever brought by the de-
partment of justice.
The government asks not only for
the dissolution of the United States
Steel corporation, but for the dissolu-
ton of all constituent or subsidiary
companies, which are alleged to have
combined in violation of the Sherman
law to maintain or attempt to main
tain. a monopoly of the steel bust
ness"
There are SO subsidiary corpora
tons named as defendants.
j. P%ierpont Morgan, John ID. Rookie
Teller, Andrew Carnegie, Charles M.
Schwab, George w. Perkins, f. II.
Gary, j. ID. Rockefeller, Jr., Henry G.
Prick, Charles Steele, James Gayley,
VIM. II. Moore, J. p. Moore, Edmund
c. Converse. Percival Roberts, Jr.,
Daniel G.. Reid, Norman b. Ream, p.
A.. b. Widener and VIM. H. Palmer
are named individually as defendants
The United States Steel corporation,
Carnegie Steel Company, Carnegie
Company of New Jersey, Federal Steel
Company, National Steel Company,
American Steel & Wire Company of
New Jersey, National Tube Company,
Shelby Steel Tube Company, American
Tin Plate Company. American Sheet
e. Tin Plate Company, American Sheet
Steel Company, American Steel Hoop
Company, American Bridge Company,
Lake Superior Consolidated Iron
Mines, all of which were organized
under the Now Jersey laws. and the
FL. e. Prick Coke Company, Tennessee
Coal & Iron q Railroad Company. and
the Great Western Mining Company,
are named as corporate defendants.
Louis w. Hill, James N. Hill, Wal
ter J. Hill, L. r. Nichols and j. H..
Gruber are named as trustees in con-
nection with ore companies.
AS to Ore Land Lease.
In addition to the above defendants
the following are parties to the suit:
Union Steel Company, Clarion Steel
Company, West Missabe Land Com
pany, Ltd, Wright Land Company,
Ltd, Davis Land Company, Ltd, Wells
Land Company, Ltd, Stone Land Com.
pany, Ltd, Wabigon Iron Company,
Minosin Iron Company. Nibiwa Iron
Company, Wenona Iron Company, Min
WI Iron Company, Leonard Iron Com
pany, Arthur Iron Mining Company,
Fillmore Iron Mining Company, Harri.
roo Iro, NIfsav II
Iron Mining Company, Polk Iron Min.
ing Company, Tyler Iron Mining Com
pany, Van Buren, Iron Mining Com.
pany.
Ore Land Lease Called ILLEGAL.
The steel corporations lease of the
Great Northern railways ore proper.
ties, which the directory of the steel
company formally decided to cancel,
is alleged to be Illegal. This &C.
ton of the directors was taken but
a few hours before the filing of the
bill.
The government suit acknowledges
the steel corporations intention in
this respect, but states that under the
terms of the lease no cancellation
would be effective until Jan. /, 1915.
and there is no limit upon the amount
of ore that can be taken out in the
meantime.
Sensational allegations fairly topple
over each other In the governments
petition which is an equity proceed.
ing praying for ~injunctions TO estop
continuance of the alleged monopoly
and such other relief as the court may
grant.
The steel corporations acquisition
of the Tennessee Coal & Iron Com.
pany during the panic of 1907 is de-
clared illegal and scathingly criti
cized.
Reference is made to the Gary din
ners," although not by name, as meet
ngs which accomplished more thar
written pools or agreements, which
frequently were broken.
I~nterlocking directorates through
which those in power in the steel cor
poration held positions of influence or
the directories of other powerful cor
porations, are mentioned as "a methot
more refined. more euphonious, blu
none the less more effective thai
POOLS"
Gus,aA n>Htc All