The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-12-16

sort OF attack. / had respected him
as a man of excellent intention. Here
tofore he had pitched HIS u~tterance or
public questions in q higher key. I
am grieved that he has come down
to such cheap talk. ! had hoped that
his efforts to help solve the industrial
and economic problems OF the
try would be maintained on the high
Intellectual plane which I had thought
he occupied. / feel that his exhibi-
ton at Washington today will disap-
point the whole country"
That Is all Judge Gary caed to say
lace story. He then took up the other
phases Of the Boston lawyers criti-
cisms Of the Steel trust,
Attacks are Personal.
"All such attacks" he said, "'are
personal to myself because direct
the policies OF the Steel corporation. I
helped to organize 1t. have been
with the company from its inception.
| know intimately its character oper-
ations and purposes. l have elabor-
ately set these forth without reserya-
ton before both h Stanley commit
tee OF the House, and the Interstate
commerce Commute OF the Senate.
Ihe record is made up. Every intel
ilseht citlzen can e 1t understand
lnsly. / have told the complete story
IN the simplest language and without
withholding a single detail that /
was either asked to exploit or that |
thought Of at the time.
When | was asked recently by SEN
ator Pomerene. OF Ohio. the pointed
question II the Steel corporation had
not peen informed primarily to give
'he rnanciers another vehicle for their
activities my answer was no. l told
MIN the Senate committee that the
npa was organized for business
purposes strictly and without the least
wish or purpose to add a single share
70 the securities that are dealt in on
the exchanges. Had he pressed his
question further l would have been
glad to add anything to the discussion
OF That phase of the subject that may
nave been pertinent. But when gave
MN mat answer I believed l had COM
passed h idea In his mind. And
give him credit for believing that /
had lone that"
Pays Highest Wages.
Judge Gary then o up point by
point the criticism of Mr.. .Brandeis
and others concerning the giant COR
poration's relations to it's vast army
of employees and its general character
and aim.
When We are running at full ca
pacity. he began. our payrolls num-
Der something like two hundred and
forty thousand men. At the present
time we are running at about eighty
per cent capacity, and the names OF
about n hundred and eighty thou
sand persons are being carried on
our payrolls. We pay the highest
wages in all branches and depart
ments Of the Iron and steel industry.
One OF u cardinal policies Is the
open shop. If there Is the least dis
satisfaction NOM our employees, ]
know nothing whatever OF 1t.
w are spending increasing mil
lions q e a for the betterment OF
their condition. and are getting re-
turns In the increased efficiency OF
their work. We have established q
pension fund out OF our own earnings
of eight million dollars. With the
four million dollars pension fund do
mated by Andrew Carnegie. our total
pension fund Is twelve million dol
lars. From. the earnings Of this fund
we are maintaining a pension roll
that would surprise the country were
the number of its beneficiaries stated.
] forget that number just at the mo-
ment.
Provide Peusi0n Fund.
Besides this pension fund we have
an annual voluntary aid fund of more
than a million. This money Ii n
tributed to the support Of workmen
Injured In our employ and to depend
ent families in case of the death OF
their bread earners. We make no
legal quibhles In the distribution OF
this voluntary aid fund. Not u cent
Of II ONE from the wages Of our
employees, 1t is paid out without
stint o rtherat Of restoring to law
suits to determine judically the merit
! Of the aciaim that may ~ pseaenteA.