The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1911-06-14
FAMOUS TRUST BUSTER" TELLS
OF CONNECTION WITH
STEEL TRUST.
is CANDID THROUGHOUT
Tells investigating Committee That
He Has Not Performed Any Services
for Steel Corporation While Acting
as Special Counsel for the Govern
mcnt--Hearins Continues.

Washington. June 15.-Frank r.
Kellogg, special counsel of the depart
ment Of justice In the prosecution of
the Standard OIL company, and known
as the trust buster" told the Stanley
steel trust investigating committee to-
day that he had for years been spe-
cial counsel of subsidiary companies
Of the United States Steel corpora
ton In Minnesota and that he had no
apologies to make for IT,
Chairman Stanley declared that the
committee would summon anyone--be
he the president of the United States
or j. =. Morgan-in order to ascertain
how certain railroads owned by the
steel trust were able to declare
enormous dividends on small capital
izatl0n. 1t is probable that former
President Roosevelt and Mr.. Morgan
Will be asked to appear before rhe
committee when it holds sessions In
New York.
May Be All Right.
THE chairman and this committee"
said Mr.. Stanley, want to know how
and why certain railroads are able to
pay 100 or $50 per cent dividends and
put 100000 or s5,000.o00 into their
surplus when their capitalization Is
only s4.000.00 or s5.000.O0o That may
be all right and 1t may not
I'VE will summon the president OF
the United states, j. F. Morgan or
any other person within the .puryiew
OF the power of the committee to get
the whole truth and nothing but the
truth"
Il think we ought to summon both
those persons" said Representative
Young Of Michigan. a member of the
committee.
You mean the ex-president of the
United States, don't you?" asked
Chairman Stanley.
Yes. of course" said Mr. Young.
Mr.. Kellogg referred TO a letter he
had sent to the committee In which
he explained that his firm had for
years represented the Duluth & Iron
Range railroad and the Duluth.
Mesaba Il Northern railroad since
1901. subsidiary companies OF the
United States Steel corporation.
Denying that while acting as special
counsel for the government he had
performed any services for the steel
corporation. Mr.. Kellogg frankly stated
that a fee OF $4,000 for services
previously performed had been APP
proved by officials OF the United
Steel corporation and paid to him IN
October 1907. after he had under
taken trust prosecution for the gov
ernment.
No Apologies to Make.
There has been good deal said"
Kellogg told the committee. about my
connection with the government and
with the steel corporation. To com
mence with. | have no apologies To
make. ! have explained to this com
mittee my services with these com
panies. They were purely local. They
did not concern the steel corporation
as an organization. Just prior to 1906.
| argued some mineral rights In Min
nesota and presented a bill for Si5.-
900. This, | believe. was approved by
the steel corporation in 1907.
"Since 1907 | have given my time
to the government In the Standard
Oil and few other cases until they
were conclgded and | have not done
any other business. My firm has stll
and both my firm and myself are TAX
ing all the legitimate business We can
get
Il have no apology to make 10 the