New-York tribune., 1911-03-17
v. B. DICKSON RESIGNS.
Another Of Carnegle'S Boys
Leaves Steel Corporation.
NO EXPLANATION GIVEN
Rumor of Dissatisfaction at Fail
ure To Be Chosen President
Finds Many Believers.

William B Dickson has presented his
resignation as vice-president or the
United States Steel Corporation TO take
effect on May !. He mas been an officer
Of the corporation since its formation. and
has long been a prominent figure in the
steel industry. Ex-Judge Gary. chairman
OF the board. announced Mr.. Dckson's re-
tirement in this statement:
MIR. Dickson has rendered his resignation
as yice-president TO take effect on May !.
much to my regret, for he has been most
efficient and loyal officer. am sorry ne
is not in the city. as ! would prefer TO
have him make the announcement The
resignation viii. OF course, be accepted.
Mr.. Dickson has the best wishes or al his
associates for the future
Mr.. Dickson, whose home IS in Nontclair'
y. j.. is a man Of large wealth. and II II
said that he has for some time been con-
templating the step OF retiring from the
Steel Corporation, where he has been iden-
tifod with the manufacturing end OF the
business. Whether or not his retirement Is
due 10 a oesire TO obtain more leisure for
other Interests however was a subject
Of discussion i'm the financial district ana
among steel men yesterday.
Like Charles VI. Schwab. William Z. Cory
and James Gsyley. he was one OF Andre"
Carnegies young partners In the days
before the organization OF the steel cor
poration RE was assistant 10 Ny. sch"ap'
then president OF the Carnegie steel com
psny. when. In lanl. the Steel Corporation
was formed. and Mr.. Schwab was made is
iirst president. a. the nominee OF NJ. car
neSie. it has alzavs been understood Nj.
Dickson at the same time was chosen ssc'
ond yice-pTesident
Nr SchUab retired from the Dre5i1ercy
in August. 1902. beng succeeded by NJ.
Core. who two months previously had
been appointed assistant n. tho president
and Mr.. Corey resigned the Office q fe7
weeks ago The withdrawal Of each oi the
tp-o. ~ has been generally suppos"1' wa
due primarily 10 occurrences having no 1l'
rect relation 20 their administration of inc
Office. although regarded a. indirectly r.
lated No IT Mr. Gayley severed his con
uection With the steel Corporation t'o
wears or more ago. Mr.. Dickson taxing A's
place ss first vice president.
II had been expected that Nr pichion
would be promoted 10 succeed Mr Core,
in the presidencv. a. he. like Mr. Corey ana
Mr. sch7sb. ie q practical steel msnutact'
ilrer. and II nas also reported ths' 'le
place might e 10 Alva =. pinke". another
Of csrnegle'- 'boys." Vho Is president pt
the Carnegie Steel Company
The choice of James 4. Farrell. mo nso
been rre-idAnt cf the United states steer
Products Expert Cor1ranv. vas genefall'
tater ss conhrrnstory Of the reports tna'
-he ds~ ~ the Pit,sburz men VAS oNeI' w
+en.vAar rerlod during which Ny csrnssi
- said r. have the privilege of selecting
.be eyecu--ve officers having expired ne
r.al cause of the resignation Of NJ pi'k-
son as first vice president. y ls oshefeo ~
s,ea1 men ,e his natural dirsstisfac'ion ~
bs-,ne been pasred over IN favor ot hlan
u.ho vas not In the line cf pron'otion
-,dee Gary when asked -ssterday affer
noon whether or not there vas basis i'r
.tis belief answered that he had noth'n7
~ add ~ l,is formal statement
NJ Corev uron his retirement from the
e.ao, co-rora.tcn. took Offices IN me same
,..,s,.- -, -hic, are the sew York head
.,,,rts~- ~ tho Bethlehem steel corpora
,tor IF vhi-h Mr. Schvso IS president am
=. has hAAn reported 20 be BIS in'en'l'n .'
.-so..i.ta himself -i.n 'ha' compan' '
- sa,d ,,es-Ardav that ri Dickson also
,,tzb, sll,- himself T'fr tre interests ~
these old associates co.,
TIC diroo,ors of the United state, o'N-
,-orrorstion yesterday approved 'ne an''''
rerorr. Which will r. issued 'o-o''