New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-27
Mentions SO Companies as Defendants and
Names J. P. Morgan, J. D. Rockefeller
and Andrew Carnegie
SAYS ROOSEVELT WAS DECEIVED
Reces Purchase of Tennessee Coal and Iron Company
and Declares That E. H. Gary and H. c.
Fnck Misled the President as to Their
Real Purpose at Time Of Panic

N. ]. - l
break up the United Steel Corporation commonly called the
Steel Trust begun here to-day the United States crcuit
Court the sweeping antitrust action brought by the
The government asks not only for the dissolution of
States Steel Corporation for the of all constituent
subsidiary companies which alleged have combined in viola
on OF the Sherman She man law to MAINTAIN or ATTEMPT to dtn o
porations named defendants.
signed by Attorney Wckershan Jacob Dickinson special
the Attorney General and John B. Veeand United States
Named Individually as defendants
! PePont Morgan lanes GayIey
Charles NJ Schwab Edmund C. Converse.
George w Perkins Percival Roberts, jr
Z. H. Gary Daniel G. Reid.
John D Rockefeller, jr Norman B. Ream
Henry c. Frick. P A. B. Widener.
Charles Steele William p Palmer.
The following named corporate defendants:
The United States Steel Corporation
Carnegie Company Of New Jersey
Federal Steel Company.
American Steel and Wire Company Of New Jescy.
National Tube Company.
Shelby Tube Company
American Tin Plate Company.
American Sheet and Tin Plate Company.
American Hoop Company.
American Bridge Company.
Lake Superior Consolidated Iron Mines
o lie
| The H. c. Frck Coke Company.
The Tennessee Coal, Iron and Railroad Company.
Louis W. Hill James n Hill Walter J. Hill E T. Nichols
H. Grub named g'h companies
| Declare Ore Lease Illegal
lease of the Great Northern Railways
properties which the directors of the steel to-day for
mav decided cancel is alleged be illegal This action OF the
directors taken hours before the filing OF the bill The
acknowledges that advised OF the Steel Corpora
but that under the of the
lease no cancellation effective until January 1915 and
there the of than be taken out in the
meantime
Sensational allegations fairly topple each other the govern
men petition equity proceeding for nIuncons
to op continuance alleged monopoly and such other relief
the may grant.
Charge that Roosevelt Mised.
acquisition OF the Tennessee Coal and Iron
COMPANY during 1907 declared illegal and scathng
criticised The petition declares that F. H. Gary and Henry trk
sed President Roosevelt when they told him that but little benh
will come to the Corporation from the purchase
e President made fully acquainted with the
state Of affairs relevant the transaction existed
had advised he would have known that desire TO stop
the panic was moving but that there also desire
and acquire the control of that had recently as
sued position potential competition great sgnihcance
ava1ed itself OF the
M Moore Sclev York brokers, who had large holdings
Tennessee soc critical period and the hammerng o the
stock and threatening general financial calamity TO
acquire the control competitor taking formidable aspect
corporation greatly strengthened its control OF the coun
~ iron ore supply its predomnatng position the South iron and
I trade eliminated competitor and unawuy acquired power
stroved' Tho nottuor then refers TO the Gary