The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-07-06
STEEL INTERESTS
IN WORLD PACT
Business May Be Regu-
lated by International
Agree ment.
GARY CALLS 1T
"GOLDEN RULE"
producJ} of Nine Countries
Meet il Brussels and Accept
Projed of Cooperation Ad-
vanoF by Chairman of
LIFTED States Steel
Corporation.

Brussels, July 5.--The steel inter
ssts of america, Canada. England.
France. Geinany. Belgium. italy. AUS
tria. and Spain We're represented by
100 delegates who met in conference
today preliminary to the formation
OF an International association broadly
similar to the American institute.
Judge E Ii Gary. chairman OF the
United states Steel Corporation. pre-
sided Judge Gary explained some
what fully his views concerning "a
high minded cooperation In business.
Suppose" said nc. "that com
pany of men engaged in business and
possessing fuuch capital. power and
inhuence. should by their conduct. un-
just or oppressive. secure universal
disapproyal disgust and antag onisn
on the part ~ the public--in . brief
space OF time these men would be
driven out of business. Suppose q
producer OF any commodity for sale
should in any way within MIS- power
III treat all OF his customers. how
long would T. be before the producer
would be In b hkruptcy?
The {ecdy Producer.
Suppose an Employer OF la5or mani
festly treated his employees unfairly
and poorly. thine. as result Of the
action OF tho interested by public
sentiment, & lmedy would De found.
and this after I great interruption OF
business and liosb OF money. Again,
let US assume at during a given year
the demand al a producer equals less
than one-half Il the capacity to pro
duce. and yet hch producer IL greedy
and anxious t sell more thar his fair
proportion. ara acts accordingly. and
this attitude is maintained until de-
st'uo,sve results which we all know
are almost certain 10 be realized
Il, would be diiicult," he continued
10 bring about an ideal In business
yet right disposition, courage. pa
tence and the application Of the nigh
est thought might reach ,hat position.
The srst essential to this is thorough
acquaintance and frequent Intercourse
There should be established and
continuously maintained" said Judge
Gary "a business friendship which
conpels one 10 feel the 81 me concern
FOR mis- neishoor taat he has for him
self II Is no less IN principle than
Tho Golden Rule applied 10 business.
Is It possible? IfIt is, It Will be scr
tain 20 paw. True IT Is TINT sometimes.
and TOO often, deceit IS practiced, and
that advantage has been taken by
those who have been given confidence
by others. but this fact should dis
hearten no one"
Judge Gary then. sketched conditions
in the United states, where he said ad
vantages had beer given to the steel
men. Americans he declared. we're
anxious 10 be and keep near TO their
European friends.
Association Desired.
II had been the expressed wish Of
many OF the representatives present
TO form an international association
for the interchange OF opinions and
information between iron and steel
producers OF the world concerning all
questions relating TO the industry. an
organization broad In the scope o. It's
activities. He believed It feasible.
Necessarily. 1t should be formed and
managed, Judge Gary concluded. so as
TO avoid antagpnism or interference
of any other Institution. and so as 10
secure public approval.
Baron Van Bodenhausen, OF the
Krupp works. Speaking for the Ger
man group, warmly supported the idea
and one by one the members represent
ing nations and groups accepted the
project
All presen; had known by correspon-
dence the purpose % the meeting. and
had decided in advance TO Join the
Golden Rule movement.
The conference adopted a resolution
accepting Judge Gary's proposals. ana
decided to appoint committee to-
morrow 70 work nut a dennita r,Iap