Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1912-01-13

a. "a lttf, u. Ton
OF winfar, Nct,i,l5, r. mo-. ,,',,I
raise "a ltko e,nount,. NJ ,t.,n1,,.,,1
d., oskad
oht.n,.a -, ,l,t, ,',.,.,,..,,
Gh,ir,no,' s,,n1.,, .,,,,.,',,,
lection. Mr.. carnepie lookr1 NJ his
counsel nervousl,. ana RENTED
81 cannot ten Won uEout that do
not reeallcct that eyer aid anythiuu
To oppose thc nomination or ro-elrr-
tion of Mr. Mckinney. was dccplv
opposed to the PHILIPPINES. but can
not believe thar opposed Mckinney
tor president
Don't you rem"nher that Nen ac-
tuallN did contribute $4,000 of that
>-o'ooo to this iund
~ do not rocouert, hut 1t may be
So.
Why, after contributing $4,000
did You not continue with the other
$l0.0aaa" Mr.. McGuicuddy coutln-
ued.
- ,4.,.,,,,, ,......li..,,
nun sumo "l 'ne Morgan P'"-
PI' come 10 you ana telI YOU tnat II
was necessary To eject Mckinney IN
ORDER to 1orm the United states steel
corporation.
NO such thing ever occurred" Nu-.
Carnegie answered sbarplv.
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yo,,r eor,nan, ,,a. mod. a,,arn,.,.
,on,,,I j., ,is c,Iinot i. 3, ,..,, t,,,.
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'O''
why do you say your steel cor
poration Mr. Carnegie retorted ina
patiently. II had nothing to do with
the steel corporation. Never invest
ed cent IN It, merely sold my
property
Mr. Carnegie related apafn the
story of the plan of his companv to
extend its business and orect an on
ormous tube plant at Conneaut uar-
bor which nlnn nroused Mr. Norpnn
and led To the immediate negotiations
"a
the formation of the steel cornorn-
tion. He described in detail how
Charles S,h,V,b hod figurnd maj
tubes could be made for $40 a ton
less than any mill in the country
could make them This led Mr.. Car.
neSie to the observation that the
steel corporation made n mistake in
not carrying out his plan.
chairman st,nlov told Ntr rarrorto
Of intinntions thot he Nos obo,,t to
ho .nmesbad hy Nor,an cor,, catos
and - pipontic con,netitive combine
IN, carnegie steel comnanv
ius, heforo tho stool cornorotion rro-
posal was made and suggested that
there were reports current that he
was sick man who could be easily
induced.
won uas sim ahlo IN tako ans
ton,nce" said Nr Cnr,e,ie nm
,hn, unnro,rhod mo a, .,ood ,i,,a
| had already formed a determination
of my career. | had determined that
would not spend my old age in
making more dollars. had all the
mat some llme before wheh the
N""res sought an optloh on the WORKS
ma mad lett II TO my partners 10
irclde'
The committee led Mr.. Carnegie in
u discussion of the time the Moore
,rothers sought an option on his plant
when his partner. H. c. Frick, con
lucted the negotiations and Mr.. car
'eSie demanded $2'ooo'ooo Tor me
'ption, because the names OF the
Prospective purchasers were not aus
l"sed' II Whs hrouSht out that ms
partners, Flick ana Phlpps were IN
crested IN the option Whlch event
lally failed.
Mr.. Carnegie told the committee all
hat he learned afterwards about the
cal lie said he heard that Frck
nd Phipps were Interested in 1t and
+ they had succeeded In putting II
Trough. each was to get $4,000. GOO in
took of the new company.
II, tastif,.d tb,t ne ,,,outod , far
cit Of sttXoooo donosit,d tn bis
radit who, IN. negotiati,rs r,ilaa ia |
ais, mo 'r.st nt tho e. ana noo donos-
rotncrs @ '' nS oa', ~hiah caeh w' wa. 1' t" get
n nS "a,.r in oGh oS Of the the new G0m