Norwich bulletin., 1911-10-27
Dissolution of
 The Steel Trust
BRINGS ACTION IN
 CIRCUIT COURT.
ALL SUBSIDIARIES INCLUDED
Most Sweeping Anti Trust Action Ever fendants-Trust Prepared to Fight.

Trenton, N. J., Oct. 26.-The govern ment's long planned suit to break up the so-called Steel Trust was be- gun here today in the United States circuit court. It is the most sweeping antitrust action ever brought by the department of justice.
 Asks Dissolution of Subsidiaries.
 The government asks not only for the dissolution of the United States Steel corporation, but for the disso- lution 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 of the steel business v There are thirty-six subsidiary cor porations named as defendants.
 Individual Defendants.
 J. Pierpont Morgan, John D. Rocke- feller, Andrew Carnegie, Charles M. Schwab, George w. Perkins, E. H. Gary John D. Rockefeller IT,, Henry G. Prick, Charles Steele. James Gay | ley. William H. Moore, J. H. Moore, Edmund c. Converse, Perciva1 Roberts, Jr., Daniel G. Reid, Norman B. Ream. F. 4. B. Widener and William P. Palmer are named individually as de- fendnnts. Louis w. Hill, Walter J. Hill, E. T. Nichols and J. H., Gruber are named as trustees of ore companies.
 Lease of Ore Properties Illegal.
 The Steel corporations lease of the Great Northern Railways ore proper company formally decided today to cancel, is alleged to be illegal This action by the directors was taken but 9 few hours before the filing of the bill. The government acknowledge that it was advised of the Steel cor poration's intention in this respect, but states that under the terms of the lease no cancellation would be effec- tive until January 1, 1915, and there is can be taken Sat in the meantime.
 Roosevelt Was MisIed.
 The Steel corporations acquisition of the Tennessee Coal & Iron Co. dur ing the panic of 1908 is declared to be illegal, and is scathingly criticised. The petition declares that E. H. Gary and Henry c. Prick misled former Presi- dent Roosevelt when they told him that but little benefit will come to the Steel corporation from the pur- chase
 Desire to Stop Panic Not Sole Motive.
 "'rhe president" it says. was not made fully acquainted with the state of affairs in New York relevant to the traaSaction as they existed. If he had been fully advised, he would have known that a desire to stop the panic was not the sole moving cause, but that there was also a desire and pur- pose to acquire the control of a com pany that had recently assumed po- sition of potential competition of great significance
 Interiocking Directorates.
 Interlocking directorates. through which those in power in the Steel cor poration held positions of influence on the directorates of other powerful corporations are referred to method more refined, more euphonious, but none the less effective than pools.''
 Grasp of It's TentacIes."
 The power and control that have been eXerted by the corporation, large " through the grasp of it's tentacles, thus thrown out upon the consumer, competitors and capital. is incompati- hle with the healthy commercial life of the nation
 Service of the Bill
 Within fifteen minutes after the fl- ing of the decision a United States marshal was on his way to New York to serve the bill upon fifteen defend ants resident there, among them being J. P. Morgan, Charles NJ. SchWab, former president of the corporation :; Ebert II. Gary. chairman of the board, and John D. Rockefeller. The deputy was under instructions to enlist the aid of United States Marshal Henke1 at New York, and his entire force of deputies. if necessary. to serve the petitions. This service of the peti- tion, according to a statement given out at the office of the United States Marshal Alcott for this district, is one of two which will be made in the case during the next 24 hours. The sec ond service will be a subpoena re- quiring the defendants to answer the petition at Trenton on the first Mon day in December.