The Marion daily mirror. (Marion, Ohio) 1892-1912, 1911-06-02
REPORT IS HELD
UP, SAYS CARY
Steel Magnate TeStifies Be-
fore Stanley Committee.
TELLS OF TRUST METHODS

Also lntlmates That He Has Nothing
New to Disclose, ss Government
Experts Have Worked on Com.
bine's Books For Five or six Years
and Should Be In Possession Of All
Facts-Tostifics In Perfectly Frank.
Manner
Washington June 2. - Representa-.
tive Stanley of Kentucky, chairman
OF the house committee which is in
vestigating the United States Steel
corporation, declared at hearing Of
the committee that he had moved
against the steel corporation I'm con.
gress because he had heard that there
was a plan on foot to nullify any
possible tariff legislation by bringing
about a worldwide fixing of steel
prices.
This statement was made while
Judge L. II. Gary, chairman OF the
executive committee of the steel cor.
pora;ion, was on the stand. Judge
Gary promptly denied that there was
any justification for such a statement.
lie readily offered to furnish to the
committee all the minutes and rec.
ords Of the Iron and Steel Institute.
which Chairman Stanley apparently
regarded as possible instrumental
ity in this international understand
ing.
Gary Was Frank.
This was only one of several in.
stances in which Judge Gary showed
his frankness and willingness to open
the affairs of the steel corporation
and Of the trade in general to the
committee. He made n favorable i'm.
preston on the committee in this re.
spoct.
Judge Gary was one OF several
United States Steel officials VINO we're
at the hearing. The others were
Vice Presidents w. b. Dixon and
James Gayley, w. J. Filbert, assistant
to Judge Gary; Norman b. Ream.
Richard w. Lindaberry appeared as
counsel for the corporation.
In beginning, Chairman Stanley
asked Judge Gary many questions in
regard to subsidiary companies of the
steel corporation. Judge Gary said
that the subsidiary companies were
Independent in a measure but II their
affairs are antagonistic to the policy
OF the steel corporation, the 'orpora.
ton would Of course exercise its au.
thority.
"In other words, you have the right
Of recall?" observed Chairman Stan.
ley. Judge Gary said that the officers
of the subsidiary companies we're
named by their stockholders. but that
a suggestion made by the parent
company would be respected.
Was Report Suppressed?
Among other things brought out in
the testimony of Judge Gary was the
intimation that the department Of
labor and commerce has suppressed
an exhaustive report on the United
States Steel corporation, the result
Of six years investigation by the bu.
reau of corporations. Judge Ebert
II. Gary declared that almost any in
formation he might give Is already
in the hands Of the government.
"The bureau Of corporations has
for six years been examining our
books and records They have made
a most exhaustive review of all our
business and our methods" nc said
They must have a mass OF docu-
ments that would almost nll this
room regarding our organization"
What" demanded Chairman Stan
ley, plainly astounded, "Do you mean
to say that the bureau has been look
ing at your business from the inside
for four or FIVE years?"
Certainly" returned Gary. II don't
know how many hundreds Of thou
sands of dollars II has cost us to aid
the bureau in investigating"