Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1912-01-12

And you left it . business dominate
ing the business OF the worid?
Yes. in steel"
I'm the early years you found the
business disintegrated?''
and you left 1t business greatly
improved, greatly extended with all its
attributes, the ore. the transportation
and railroad facilities extenced and
practically dominated by one great COR
poration?
admirably stated" said Mr.. carne-
gle.
HAS there been the same grade OF
progress in the steel business since the
hold the industryT
hold of tn Industry
IT don't believe that any corporation
can manage a business like partner
ship When we were aruners felt.
that we could run arc md corporations
You take IS young men interested IN,
watching even leak in a spigot and no
corporation can compete with such an
organization in any business.
George Perkins came to me one day
and said: Mr.. Carnegie. you once told
me about your partner ship organiza-
ton and / thought it was foolish. Now
1 knowf you were right
'It is. the same thing with the man
VINO owns the land and tills. Take
Iowa for instance; when young man
I went to Iowa on a holiday. There
saw those beautiful farms, those homes
Of triumphant democracy. Those young
men owned their lands, their homes
Great Caesar, what can a big farming
corporation do against such condition.
as that?
man, the equal of any other man In
triumphant democracy. Why. have
loved Iowa ever since I saw that Pic
ture"
Mr. Carnegie gave the COMMITTEES sew,
eraI illustrations OF his power 70 get
business when he was in the steel
market.
'eWhy take rails, for instance" he
said. ct had many close friends In the
railroad business. remember once the
Union Pacific had asked for bids for
10000 tons OF rails and the bids were
to be opened at Omaha. AL my com
petitors were out there. walked over
to sidney Dillon, of the Union Pacific.
in New York. 1 had done the Uniont
Pacific favor once; got them loan Of
something like 10000 in Philadelphia.
and they elected me and George NJ
Pullman directors.
''I told Dillon about the bids and asked
him If the Carnegie rails were satisfac-
tory He said they were. I said i
want the Union Pacific to do business
with me and I'll give you the lowest
price He said, All right. Carnegie
and 1 got the 10000 ton contract.
Now, what's the use of a corporation
fighting against such an influence as
that?'
PULL ON UNION PACIFIC.
Mr.. Carnegie also related how he had
given credit to Coils p. Huntington,
president of the Union Pacific, at time
when Huntington was hard up"
HE was my friend" said Carnegie.
What chance had a paid agent t. COM
pete under these conditions?"
Mr.. Carnegie was questioned at length
about the price Of steel rails.
Representative Gardner, of Massa-
chusetts. ard Mr.. Carnegie had tilt.
Mr.. Gardner becoming quite agitated
and Mr.. Carnegie refusing to be fus-
tered.
do you believe SIS ton reasonable
charge for steel rails at the present
timer demanded Mr.. Gardner.
IT think it is a IiberaI price"
Would SIS be a fair price?"
II don't want to sit here IS critic
on my successors"
WAS SIS a reasonable or unreason-
able price for rails when you left the
business?'
Il would like to ask my counsel
question" Mr.. Carnegie replied
4 think your questions are Sit un-
reasonable"