The Marion daily mirror. (Marion, Ohio) 1892-1912, 1911-06-30
STEEL men IN
GRIP or LAW
Eighty.Five Indicted on Con-
spiracy Charges.
Big CONCERNS INVOLVED

Among individuals Mentioned In the
Grand Jury Report Are Frank ].
Gould and Herbert satteriee, SON.
In-Law Of J. p. Morean--cor panles
and Associations Are All subsldl.
aries Of United States steel corpo.
ratlon-Lawyer Held.
New York, June 30. Eishty.four
wire manufacturers, representing 35
companies, were indicted by the fed.
eral grand jury on the gro4nd that
they had offended against the sher.
man antitrust law in having formed
nine pooling associations, when were
alleged to have acted in restraint Of
trade. The American Steel and Wire
company, one Of the largest subsid-
larry concerns OF the United States
Hteel corporation, was declored to
have been represented in seven OF
the pooling associations, and IT'S pres.
ident, William p. Palmer, was indict.
ed seven times. The name Of John
A. Roeblings Sons company appears
In eight indictments. On the list also
are the General Electric company.
the National Conduit and Gable com
pany. the Standard Underground Ca
BILE company. the American Horse
shoe company and the Hazard Manu-
featuring company.
In the list of defendants appear the
names OF Frank j. Gould Erskine
Hewitt. secretary OF the embassy sent
to London for Queen Victoria's jubi-
lee; Herbert Satterlee, son-in-law OF
j. p. Morgan, who gets In because he
Is president of the Habershaw com
pany; Charles +. Brooker vice presi-
dent OF the Ansonia Brass and Cop
per company and Republican national
committeeman from Connecticut:
Carl and Ferdinand Roebling: Ed
ward $. Perot. who is president Of
the. National Conduit Cable company.
How Gould Squeezed In.
Frank Gould gets in on the score
Of Ms being president OF the Old Do
minion Iron and Nail works. Others
are Lebaron @. Colt of Rhode Island
and Edwin r. Jackson. Jr.. lawyer.
Mr.. Jackson was indicted nine times
on the ground that he was supervisor
OF all nine pools. Ferdinand Roeb-
ling was named eight times and Jo-
aeph Nj. Marsh, president OF the
Standard Underground Cable com.
pany, was indicted six times.
The indictments cover the whole
field OF the wire industry, including
electrical supplies. steel and copper
wire, wire nails and horseshoes. The
government alleges that the nine as
sociations control from 90 TO 95 per
cent Of the business in their respec-
tive departments. The investigation
looking to the present proceedings
began early last May. The matter
was in the hands of United States
Attorney Wise and ASS stant Frank
furter. They called upwards OF so
witnesses. avoiding those most close
ly allied with the conduct OF the as.
sociations 10 that these men would
not be able to plead immunity in
case Of indictment.
Correspondence OF Recent Date.
They got hold OF much correspond.
ence of the members OF the associa.
tions. some OF which bore recent
dates. In the indictments the gov
ernment does not allege that the as
sociations are now existing Most OF
them went out OF business IN 1909.
But the correspondence secured by
the government II said TO indicate
that the members OF the associations
have carried out in most details the
intent for which the associations
were formed. A lawyer aware of the
activity OF the wire manufacturers in
this respect said that the govern
ment had learned also that the wire
men were meeting for luncheon and
that these luncheons were regarded
as suspicious" This lawyer de-
elared that the associations ocminal-
ly dissolved because the matter Of
their existence had been put up TO
the government at Washington and
that they had been advised TO close
up on the ground that they might be
proceeded against as acting in re-
straint OF trade.