The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1911-10-27
THIRTY SUBSIDIARY
CORPORATIONS INCLUDED


TRENTON. NJ ., Oct. 27-The
governments long planned suit to
break up the so.caIled steel trust
was begun here yesterday in the Uni
ted States. circuit court. 1t is the
most sweeping antitrust action ever
brought by the department 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, monopoly ot the steel bust.
ness:
Thlrty.slx Subsidiary Corporations.
There are So subsidiary corpora.
tions named as defendants. ]. Pier.
pont Morgan, John D.. Rockefeller,
andrew. Carnegie. Charles NJ. schwab.
George W. Perkins; e. H !. Gary. John
D. Rockefeller, Jr, Henry C. Fricke.
Charles Steele, James Gayley, Wi.
liam Il. Moore, j. H l Moore, Edmund
O. ConyerA, Percival Roberts, Jr.,
Daniel G.. Reid, ,Norman b. aReam, P.
A. B. Wileners and William P. Pal.
mer are named Sindi diddually as defend
ants. !. =
The United States Steel Corpora.
tltion, Carnegie Steel Company, Carne.
gle Company OF New Jersey, Federal
Steel Company, National Steel Com.
pany. American Steel and Wire Com.
pany@ Of New Jersey, National Tube
Company, Shelby Steel Tube Comra.
ny, American Tin Plate Company,
American Sheet & Tin Plate Compa,
ny, American Sheet Steel Company,
American Bridge Company. Lake Su'
perior Consolidated Iron Mines, all
OF which are organized under the
New Jersey laws, and the H. G. Frick
Coke Company, Tennessee Coal &
Iron & Railroad Company, and the
Great Western Mining Company are
named as corporate defendants.
Louis w. Hill, James N. Hill, Wal
ter J. Hill. E. T. Nichols and ]. H
Gruber are named as trustees In con,
nection with the ore companies
Ore Lease illegal.
The steel corporations lease of the
Great Northern Railways. ore proper
ties, which the directors OF the :teel
company today formally decided tc
cancel. is alleged to be illegal. This
action Of the directors was taken but
a few hours before the filing Q: the
bill. The government acknowledge:
that 1t was advised of the steel cor
poratlon's intention in this respect
but states that under the terms o.
the lease no cancellation would be
effective until January i, 1915, ant
there is no limit upon the amount
Of ore that can be taken out in the
meantime. 8
Sensational allegations fairly top
pie over each other In the govern
ment's: petition, which is an equit,
proceeding, praying for injunction
to stop continuance OF the alleged
monopoly and such other relief as tht
court may. grant. ss ~
The steel corporations acquisition
of the Tennessee Coal & Iron Com
pany during the panic Of 1907, is de
clared illegal and scathingly criti
cfsed. The petition declares that E
II. Gary and Henry C. Frlck mislet
former President Roosevelt whel
they told him THAT but little beneh
will come to the steel corporation
from the purchase -
"The President. It says, was no
male fully acquainted with the stat,
Of affairs. in New York rcvelant /,
the transaction as they existed. l
he had been fully advised he woult
have known that n desire to stop th,
panic was not the sole moving cause
but that there was also a desire ant
purpose to acquire the control Of |
company that had recently assumed
n position Of potential competition o
great significance. IS
ut is certain that the corporation
availed Itself of the embarrassinen
Of Moore and SchleyS New Y ork brok