Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-02-01
STEEL TRUST DENIAL
Corporation and Other Defendants File
Answers to Governments AIssation
Of Being an illegal Combination

Trenton, N. J., Feb. With the fl-
ing today Of the answers of the United
States Steel Corporation, its subsidiar-
les and individual defendants named
in the governments suit to dissolve the
big corporation because Of alleged vio-
lations of the antitrust laws, all the
defendants concerned in the case have
been heard from The next move 10 for
the government to file replication,
after which the United States courts
/ will appoint an examiner to take eyi-
4 dence. ]. xt.i.s 81 :.
| Besides the steel corporation. its SUBJ
salaries and some Of its directors, the
following Also fled their answers to-
day: Andrew Carnegie, John d. Rookie
feler, Sr. John D. Rockefeller. Jr., Ed
| ward c. Converse, and William p.
Palmer.
All the answers, with the exception
Of that Of Mr. Palmer, who is president
Of the American Steel and Wire Com
pany of New Jersey, were made public
last night and are published today. All
contain general denial of the govern
ment's allegations.
! Trenton, N. j., Feb. denial of al
legged violations of the antitrust law is
made by the United States Steel cor
poration. its subsidiaries, and direct
ors in their answers to the govern
ment's dissolution suit. The answers
were filed this morning in the United
States district court here. Five sepa-
rate answers will be filed among thir-
| ty-three defendants.
The effect of its organization. the
corporation declares has been to
cheaper production. effect economies.
and increase foreign trade from S.
100000 to s60,G00,0o0 annually within
ten years. So long has the government
| acquiesced in its existence, the answer
| says. that it is now too late. as a mat
| ter of equity, to insist that its organ
! ization was illegal.
Nothing was withheld from Presi-
dent Roosevelt by Messrs. Gary and
F'rick on Nov. 4. 1907. the answer says,
| when they sought his consent to the
corporations proposed purchase of the
Tennessee Coal, Iron and Railroad
Company: nor were the Gary dinners
productive Of agreements to regulate
prices.
The answers made public last night
| are those of the steel corporation. An
drew Carnegie, John5D. Rockefeller, Sr.,
John D. Rockefeller, Jr., and Edmund
c. Converse. The Rockefellers made a
Joint answer.
The Messrs. Rockefeller deny that
they had an active part In the forma-
ton or management OF the corporation,
the elder Rockefeller declaring he has
| had no immediate relation to the iron
or steel business since 1901.
Mr.. Carnegie says he had no part in
the plans for organizing the corpora
ton and no voice, direct or advisory, in
its management. He admitted selling
| the Carnegie Steel Company to the
United States Steel corporation, but
| denies that the Scquisition by the
Carnegie company Of its subsidiaries
! w:s & restraint - trade
The answer Of Edmund C.. Converse,
director Of the United States Steel
Corporation. is similar to the cor
poration's answer. Each OF the defend
ants prays that the suit be dismissed.
| The answers to- be. ified today
| with those, nled Monday by the Min
| nesota group Of land and mining COM
panies and five individuals named az
trustees will complete the answers
from all nifty six. defendants named in
the suit. The next step will be the NJ
ing Of replications by the government
which must be done within thirty days,
unless an extension of time Is granted.
! | After tka..a commissioner win be ap-
pointed to take testimony.
Cotton eroksrase Firm Fails.
New Orleans, Feb THE failure Of
| the cotton Brokerage firm of L. H.
Hardy & Co, members Of the New
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