The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-10-27


and that each Of them be enjoined from
continuing to hold or own such shares
and from exercising any right in connec-
ton herewith
q. That the said several defendant
corporations shown as aforesaid to be
constituents or subsidiaries Of the United
States Steel Corporation be Joined
and prohibited from declaring or paying
any dividend to the said United States
Steel Corporation or to any person or
corporation for its Use
7. That II be decreed that the several
individual def,ndants combined each
with other persons and corporations to
restrain trade and commerce and to
attempt to monopolize and in monopo-
)izing within the first and second seq
tions OF said act and that each OF them
be enjoined from continuing to carry
out the purposes OF any Of the above
described combinations and conspiracies
and attempts to restrain commerce and
trade or to monopolize any part OF COM
merce and trade among the States and
with foreign nations.
8. That such orders and DEGREES be
made in respect Of the stock issued under
the several combinations aforesaid as
shall be in accordance with equity and
good conscience and that such dispo-
sition be made Of the said various prop
critics as shall effectuate the purposes
Of the said antitrust act.
o. That the said lease entered into
a. aforesaid by the Great Northern in
terests and the Great Western Mining
Company be decreed to be illegal. in re-
straint Of trade and commerce. an at
tempt to monopolize and a monopoli-
.sation within the first and second sections
OF said act and that the same be now
cancelled.
10. The United States also prays for
such other and further relief as the nature
OF the case may require and the court may
deem proper in the premises.
LIST OF THE DEFENDANTS.
The defendants named in the petition
are: The United States Steel Corporation,
the Carnegie Steel Company. the Carnegie
Company Of New Jersey. the Federal
Steel Company, the National steel Com
pany. the American Steel and Wire Com
pany OF New Jersey. the National Tube
Company the Shelby Tube Company.
the American Tin Plate Company. the
American Sheet and Tin Plate Company
the American Sheet Steel Company, the
American Steel Hoop Company. the
American Bridge Company, the Lake
Superior Consolidated Iron Mines. the
Union Steel Company. the Clearton Steel
Company, the II c. Fricl Coke Company.
the Tennessee Coal and Iron and Rail-
{: road Company, the Great Western Mining
L hn Waaf NisSaha Nd
pany, Limited the Wright Land Com
pany, Limited, tho Davis Land Company,
7: Limited the Wells Land Company.
Limited. the Stone Land Company,
Limited the WabiCon Iron Company the
Minosin Iron Company. the Nibiwa Iron
Company. the Wenona Iron Company.
the Minawa Iron Company. the Leonard
Iron and Mining Company. the Argur
Iron Mining Company. tho Phillmore
Iron Mining Company. the Harrison Iron
Mining Company, tho jackson Iron Min
ing Company. the Polk Iron Mining Com
pany. the Tyler Iron Mining Company.
the Vanbeuren Iron Mining Company.
Louis W. Hill. James y. Hill, Walter J.
Hill. Edward 7. Nichols. J. II. Gruber.
j. Pierpont Morgan. Charles Steele
George ". Perkins, E. n. Gary. Charles
". Schwab, .ndrew Carnegie. Henry c.
rick. James Galley. William II Moore.
j. H. Moore. Edmund c. Converse. Fer
o val Roberts; Jr.. Daniel G. Reed. Nor
nan B. Ream. John d. Rockefeller. John
: d. Rock efeller. Jr.. P. A. B. Widener and
William p. Palmer.
TIE GOVERNMENT PETITION.
After enumerating the individual and
rOrn0rAtp datpnianT- AGAINST whom the
action is directed the petition Of IN.
Attorne y-General describes conditions in
the steel business prior TO the consolida-
tton. which took place from lsas TO 1900.
These are summarized a. follows;
Previous TO and until the year 1925 tho
bulk Of the iron and stee. To- slness Of the
United States amonS the s-vera! States
and between the several S'atas and foreign
countries was carried on hy many difer"nt
persons. partnership, or corporations which
were in active and general competition
with each other except ~ various Vines
and in various !CCallties where such trade
was restrained 10y them by unlawful roofs
and combinations
In 1895 there began rapid and radical
revolution in the steel and iron business
characterized by great 'Onsoi ida ions
resulting in bringing by tho wear 400 a very
large proportion Of important branches
of those industries such as crude and semi
finished steel. rail. structural steel plates
merchant bars. wire rods and wire prod
'ucts. sheets. tin plate and =" bes. under the
control OF consolidated concerns each
comprising many who formerly had been
competitors.
COMPETITIONS STILL ACTIVE IN 1900,
The petition then describes in detail the
consultations effected by the various
groups of plants going to maze UP the
larger subsidiary companies finally ab-
sorbed by the United States Steel Cor
poration. These included the Federal
Steel Company. the Carnegie Company of
New Jersey. the American Steel and
Wire Company Of New Jers' y the National
Tube Company, the National Steel Com
pany, the American Tin Plate COMPANY
the American Steel Hoop Company and
the American Sheet Steel Company. Af,er
showing the conditions of the industry
while these corporations were individual
In the field the petition says;
While through the formation Of the COM
paniss aforesaid competition was largely
eliminated in their respective lines. there
was 1907 and up 10 the time when effective
steps were taken 10 absorb all of these con
Germs nv the Untod states steel Corpora
ton acttv" competition between the Car
negie tompauv, the Federal Steel Company
and the National steel Company. the three
principal produrcrs OF crude steel These
three compau,e~ were also in competition
with some OF tho other consolidated COM