davidaulloa/AmericanStories huggingface dataset:
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29
Dandrutt Germs are Responsible
Baldness and Most Ifoir Troubles Due
10 this Parasite Which Destroys
Hair Roots.

Nobody wants 20 be bald, But a neg
lected scalp means, first, falling hair
then-BALDNESS, II YOU are trou-
bled with itching scalp or falling hair,
be on guard against Dandruf. Get
rid of it without delay; check its ad-
vance for dandruff is germ which
feds upon itself, and feeding grows.
destroying the hair roots SO that no
new hair growth is possible.
Begin now, using HAY 5 HAIR
HEALTH, the surest, swittest Dan
druff cure. II destroys the dandrufi
germs, eradicates them (cleans out
the pores of the scalp and encour
ages a quick growth Of youthful-look.
ing hair No unsightly daudruft
scales on your coat collar. No bald
spots on your scalp II YOU use HAYS
HAIR HEALTH. W. W. White, pas
tor Vienna tMd.) NJ. T.. church. writes
us: II have used half a dozen differ
ent hair tonics. but ! find HAYS
HAIR HEALTH the very best prepa.
ration | have ever used for daudruff'
You can get II at any druggists foI
50c, or $1.0O per bottle or from the
Philo Hay Spec. CO. Newark, n. j.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29
billion DOLLARS
STEEL TRUST COT
L. :. STEEL CORPORATION PROBE
CONTRhDICTs TESTIMONY OF
OFFICIALS,
REPORT OF INVESTIGATORS
j. T.. Morgan \ Company Got lho
Grapcs--Nladc u Billion IN lirst
Nine Years.

NASHINGTON. -. c., Feb. .h.--
The house steel trust investigating
committee today made public the rec
suit of the Inquiry into the books ana
minutes of the United states steel cor
poratlon conducted hy farquhar DO
McRca, an expert accountant
The McRea report reaches the con-
clusiou that the steel corporation OPP
crates IN restraint of trade and pre-
vents competition through manlpulH-
ton Of prices through the influence "f
the so-callcd "Gay dinners hy oon'
troll Of raw materials and through q
s. stem Of mtcrlocking directors M
various companies II also tends TO
contradict some Of the testimony given
by the steel trust officials.
Some Of the figures dealt with in
the report are startling. 1t IS shown
that j. =. Morgan & Coz received APP
proximately $4,000. 900 In cash pro-
fits for organizing the big steel COM
bine. ana that the net profits Of tho
concern for the first nine years Of ITS
existence were more than a billion
dollars.
steel corporation officials objected
10 producing their books before the
committee in this city, bot consented
10 place them freely al the disposal
OF an expert to be named boy the com
mittee. Mr.. McRca made a thorough
study Of the books and minutes, and
his report TO the committee he pointed
out these salient features:
That j. p. Morgan x Co, heading
the 'yndicate which organized the
steel corporation, received a cash pro-
fit of S69.3O0, 600 Of which $62,5OO,O0O
was for promotion with an additional
commission Of S6,SO0,00O for "A bond
conversion scheme.
That the net earnings of the corpo-
ration for a period Of nine years
were S1,O29.6S5.3S9. or an equivalent
Of approximately $l3 a ton ON finished
product, instead of SgS0,O00.3ll as
claimed by the corporation In It's re-
port.
That the steel corporation, con-
trary to the statement made by
Judge Gary and II G. Frick to Presi-
dent Roosevelt in 1907 that II did not
control more than 60 per cent OF steel
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29
$753.124,3S6.53

Relating to the restraint of trade
there are fourteen conclusions in the
report, one OF which deals with per-
centaRes Of business done by the cor
poratlon, and in which the ore and
other holdings are discussed.
Percentages of the business done
by the United States Corporation" the
report says. are deceiying and mis-
leading unless segregated with ref
erence to particular products. For
example, Mr.. Roosevelt refers TO an
estimate that the United States Steel
Corporation did not have above 60
per cent of steel properties or steel
holdings, and when he was asked if
Gary and Frck tat the time of the
purchase Of the Tennessee Coal &
Iron Coz said anything about the
ore properties that they were buying
at that time, he answered They did
not 90 into details at all, and he also
stated that he understood they were
going to buy the Tennessee Compa-
ny's plant.
If this estimate Of GO per cent re-
fers to property and investment in
the steel business, II may be noted.
in that year (190O, that the total
property OF the Bethlehem Cambr a,
Colorado, Lackawann Pennsylvania
and Tennessee Companies added to
the capital stock of Jones & Laugh,
lin (because statement OF property Is
not available) amounted to $685.
76S,SS9, these companies being the
only important concerns in the stee
business I'm the United States, outsid,
of the United States Steel Corpora.
ton. This amount added to that OF
the United States steel Corporation
equals grand total Of $1.S11,606 339
of which the property account OF tbl
| United States steel Corporation
amounts to SLS1l,6O6.339, or about
so per cent
Conclusions In the report bearing
on restraint Of trade are embodied in
fourteen sections some containing
voluminous quotations from the min
/ utes of meetings Of the corporation
and OF the subsidiary companies
Summarized the report concludes:
Competition between previousN
! competing concerns was terminated
/ by the concentration Of the contro
! of upwards of $50 corporations into
one security y-holding company know
as the United states steel Corpora.
ton.
/ The United States Steel Corpora
tion is merely q holding company en-
gagng in no business except the con
/ troll uwards Of $50 concerns in linei
Of business allied with the steel
making business Including ore own.
! ing and mining companies (which
are now restrained from competini
on the sale OF ore" transportation
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29
REMARKABLE RECORD
icsh-forming Food that succeeds
Nearly Every Time.

\ man or woman might as well
starye outright as to take food into
The stomach and not have 1t assimi-
lated. Yet In Tulsa as well as in every
other town and city, there are many
people who are thin, pale and seen
urderfed, simply because the food
they eat is not asslmilated, and fails
to make good blood and firm flesh
Samose. the wonderful flesh
forming food. taken before or after
meals minsles with the food. so that
II is assimilatel by the system and
makes rich blood and pleasing plump
ness No one can use Il for week
or ten days without noticeable gain
in weight. Statistics show that out
OF every one hundred people who com
monco the use Of Samose 9s will find
a full gain in weight and restoration
Of health and strength.
Anyone who is thin. weak. scrawny
and emancipated can put soc on de-
posit with the Qpaker Drug CO.. and
take home box of Samose. II the
treatment does not give a noticeable
increase in good. firm flesh and res
store strength and health they will re-
turn the money without any ques-
ions
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29

tltlon" and when considered collect
lively with many similar Instances Of
absorbing and combining separate
small plants, lead 10 the conclusion
that the object in view was the re-
striction Of competition"
The lnterlocklng of directors of the
steel corporation and the purchase of
stocks and bonds Of other companies
and various outside transactions OF
enormous size, the report discusses AT
length In support Of the claim OF pow
er of the corporation In restraining
competition.
The policy Of the corporation re-
sulting In enhancing the price OF
raw and finished material, In which
the report says; The steel corpor-
alton officers openly declared the pol
icy of buying all the available supply
In order to keep up the price Many
quotations from the minutes Of meet
lngs are given in support OF this.
The control of ore by the steel
corporation, 70 per cent Of competi-
tive ore in Minnesota, five hundred
million tons in the south ''in all
2, 500, 600 600 tons out of l,462,940, 900
tons of commercially available ore In
the United States, is an ownership and
control which must Interfere with
competition
The resolution that subsidiary com
panies Of the steel corporation shall
| refuse to handle orders for export
business and that such orders must
be turned over to the United States
Steel Products (eXporU Company
through which the subsidiary COM
pan.cs preclude themselves from com
petug for export sales.
"1'he result" the report says, "of
enforcing these resolutions and ar
rangements, is that materials for ex-
port must be bought from the United
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29

companies, through consolidation Of
which every possibility OF competi-
ton between these roads Is prevent
ed" pig iron plants, coal and coke
companies and many others.
There were acquired large mum
Der OF major concerns at much IN
fated valuations, succeeding several
increases In the capitalization of pre-
ccdlng interpretations, due, In some
cases, 10 the greater combination
value or merger Of the consolidation,
IN which OF course the units COM
hined were restrained ~ any com
petitive activity. Specific instances
are given under this head relating to
three processes OF combination az fol-
lows:
THE original combination OF major
concerns 10 eliminate all possibility
Of competition. Combinations ad-
mittedly or inferably having a direct
effect to remove competition or In
the accomplishment Of which the re-
moyal Of competition was the declar-
ed or inferred object of the consol-
dation.
"Othcr acquisitions in related lines
of business for witch no explanation
has been offered and none appears
except the visible consequence, the
removal OF such concerns from the
the independent fell
"rho requirement Of large mum
ber Of plants which never were oper-
ated and some OF them, dismantled
being removed from the compettiv,
/ ficld.'
The requirement of other plants
such as the Clarion Steel Company
the Tennessee Coal Il Iron Company
and others OF which the report says
/ 'lsOIatedly considered. the purpos,
/ in, acquiring Independent concerns
may be entirely colorless, but wheI
considered in connection with the ac
! QUESTION Of other Independent plant!
admittedly or inferably TO terminal,
competition, the continued policy anC
/ practice Of acquiring control of com
panies engaged in its own line OF bus
mess, may be corroboratory of tn,
conclusion that the intention was I,
prevent competition Of the concern
acquired, II not per Sc indicative o
such intcntion.'.
In this connection after a length!
analysis of the taking over OF tn
Tennessee Coal g. Iron Company il
1907, the report says:
"It may not be possible to statesth,
true intention in acquiring the Tenn
essee Company, in way which woulC
be admitted by the men in control o
the Steel Corporation, inasmuch as I
appears to many experienced mel
who are also disinterested, that TN
Intention which impelled its acqus
tion was merely the desire to brinl
under the control of the Steel Corpor
alton the great possibilities for com
petition possessed by the Tennessee
Company. The consequence OF tn
acquisition should and must be hell
to have been intended in legal con
temptation, even il the result so de
duced conflict with the intention de
clared to be In tho minds Of thos
responsible.
The requirement OF forty fv
plants, listed in the repnrt includinl
many small bridge, wire. nail, shee
steel and other concerns, "consoll
dated for the restriction OF compe
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29
Phone 81.

We Deliver to All Parts of the city
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29

Tho section uf he report dealing
with the GARY dinners whore lnde-
pendent as well as corporation steel
men assembled 10 discuss conditions
in the trade. contains an analysis OF
the legal effects Of the golden RUE
policy prepared by Anthony J' Ernest
"a Sew YORK lawyer iu which II N
declared that the conventions agreed
to and enforced would be objection
able ms regards their effect upon COM
petition"
The Gary dinner arrangement 7
SAYS the report, whore az the 500
called Independents are influenced 10
reduce their production conformably.
to their estimate Of the reduction M
the demand existing, and TO maintain
/ prices, Is Objectionable as far ns II up-
rates TO exclude free competition. The
arrangement is designed aud Intended
/ to operate and has operated admit
/ tcdly ms to standard steel rails, ate
though it is claimed that the so-callcd.
| independent participants can cut prices
without fear of penalty except me
/ dishonor of declaring in favor Of "a
named price aud then selling at some
other price.
"It can be- justification of the COZ
operation Of the participants In ne
CARY dinners that mo- penalty attaches
7 IN violation Of the declarations mu-
tually exchanged, because perlorce
/ the antI-tms. act would prevent The
enforcement Of any penalty for roduc-
/ ing prices or exceeding ones shares
of the business Previous pool arr
raugOmeuts may have been broken
ana penalties inflicted by the mem
bers themselves, although this was
soon discontinued. II viii bee assumed,
even If fund had not been deposited,
/ that the men in the old pool would
have paid their fines, II this be as
sumcd, it can also be assumed that
the word Of the participants In the
Cary dinners Is ample security for
/ the professions Of cooperation In the
policy almost unanimously sub
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29

States Steel Products Company, and
buyers in the United States who wish
to buy goods for export are com
PEELED to pay an additional profit to
the u. S. Steel Products Company"
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-02-29

pany paid the holding company div
idends on IT, preferred stock during
this period 10 tho amount OF {l9,'
7l5,5775O, or two and siX-tenths per
cent Of the total
The table Of dividends for The nine
year period follows:
The Carnegie Co.,..,, I227,2s0, 100000
Federal steel GO. com, ll4,H6,ls2.O0
Federal steel co. pre-. 3l.l57l2S.50
National Tube co. com, 29,7SS,9O5.bO
National Tube Co. pre-. 27299, 1880
American Steel q Wire
Co. OF n. j., conn.,, GlllO,AGO.2b
American Steel d Wire
Co. Of n. D., preferred 27.99,15S.26
National steel co., com, 6,400,O00,OO
National steel CO., pre-. 3,77S, 1890
American Tin Plate Co,
common ,....,,.,, y,bBO.OO
American Tin Plate co.
preferred ........ 3,63A, A,312,OO
American Shtcet Steel
Co. common ....,.. .lS4,94b.OO
American Sheet Steel
CO.. preferred ..... J,573.5GS.OO
American Sheet a Tin
Plate co., common. 25.54O.S33.0O
American Sheet q Tin
Plate Co.,, preferred l2.OOA, ,S04.O0
American steel Hoop
Co, common ...... 1,33O,OOO.O0
American Steel Hoop
CO., preferred ...... 2,O4lIg75l
American Bridge CO.,
The Dickinson press., 1912-06-22

Julius William was returning We1nes-
day to Taylor from Billings and a seven
day trip III the Yellowstone park. He
stated that it had been very cold in the
park and that there was still a good
deal of now on the mountains.
Senator A. l.. Martin was down from
Sentinel Butte on Wednesday. going
from here into the Green river country.
Mr.. Martin will probably be renominat-
ed in his district as the people general
ly are satisfied with his legislative
work.
Fred Bolte was up from R%ichardton
Tuesday evening. MIR. Bolte is only
farming 90 acres this year. He says
that wheat looks we'll and all that is
needed now is warm weather. A great
many people have been doing poor farm
ing this season on account of the wet
weather.
7. S. Underhill: I never saw the
prairie looking more beautiful than it
does this eason Vegetation is rank
and the flowers very fragrant. I had
hoped to attend the Old Settlers picnic
at Gladstone on Saturday but the Better
Farming Train will be in Richardton in
the forenoon and l want to be there.
l cannot be at both places.
The German hotel property on the
South Side vas bought at sheriff sale
the first of the week by Peter Brown and
John Obrigerwitsch, bondsmen for Paul
Koch. who left for Canada last year and
would not come back and do the right
thing by the men who had b%efriended
him to the extent of signing a bond
with him so that he could have his
liberty.
J.. R. Cornell. formerly a Wibaux
stockraiser and saloon keeper, commit
ted suicide in a hotel in Los Angeles
recently. Mr.. Cornell left Wibaux
about four year ago to engage in the
brewing business in St. Cloud, Mimi,
later going through bankruptcy. Recent
ly he vent to attend an aviation school
in California but dependency got the
best of him and he ended his life with
a vial of carbolic acid.
Mr.. and Mrs. Frank Lish left Thurs
day morning for Baltimore. Mr.. Lish
is delegate from North Dakota to the
national democratic convention, and
Mrs. Lish had not made up her mind
until this week to 60 along on the long
trip. Misses Beatrice and Marguerite
are spending most of the time with
their sister. Mrs. M. L. Mcbride, dur
ing the absence of their parents. John
and Pete room at the parental home
and take their meals out
The Dickinson press., 1912-06-22

The Boy Scouts of America will have
a magazine beginning next month.
devoted to their welfare and to the
things which energetic young boys are
interested in. The magazine will be un-
der the direct supervision of the execu-
tive board of the National Council of
the Boy Scouts of America. .
Miss Nora Frye arrived Wednesday
from Spokane and is spending the week
with her sister-in-law, Mrs. Geo. M.
Frye. and also with her sister, Mrs. C.
H. Ginder at Manning, before going on
to her home in Elk River. MINI. Miss
Frye is a teacher in the Spokane school.
where she returns after the summer va
cation.
The Dickinson press., 1912-06-22

Frank Hoist returned from a trip to
town Sunday.
Joe Kasper was in from Fayette the
first of the week.
G. A. Graeber was up from New Eng
land on Tuesday.
Mrs. Charles Hughes made a trip to
Glen Ullin on Wednesday.
+. S. Underhill has been up from his
Springvale farm the past week.
Mr.. and Mrs. J. A.. Dobson were in
from Bently this week for q few says.
VIM. E. King, deputy sheriff at Bel
field, was in Dickinson on Tuesday.
Flat for rent-in the PRESS building !:
city water, bath and central heat.
M. L. Ayers.
Willie Newcomer Of Waterloo, Ind. is
visiting his uncle. John Van Horn.
and many remain here all summer.
Miss Anne Powell of Cisco. Texas,
is a guest for the summer months at
the home of her aunt, Mrs. A. N. Jeffer-
les.
John Beaver was fined $40 and costs
by Justice Sterland on Monday for petit
larceny on complaint of the N. r. rail-
way Gu.
Emil Scow of Bowman was a member
of the committee on rules and order of
business at the republican national con-
vention in Chicago this week.
If the weather continues good it is
likely that a large number of people
will journey to Gladstone today (Satur-
day. for the Old Settlers annual picnic.
F. W. Voss and Ralph Ross are talk
ing of moving from Mandan to Dickin-
son. They are operating a livery auto
between this city and New England at
present.
Miss Lizzie Rapp and nieces, Misses
Grace and Viola Rapp. returned Monday
from a several weeks visit with rela-
tives in Aberdeen and other South Da-
kota points.
The Dickinson press., 1912-06-22

Mrs. r. A. Lyon returned home from
Minnesota last Saturday night.
Shem Sedore Of South Heart was a
business visitor here Monday.
Clarence Miller of South Heart lost
q valuable horse on the railroad track
the first of the week.
Mrs. w. L. Richards returned recent
ly from a visit with her sister, Mrs.
Tom G. johnson of Grand Forks.
Jerry Hayes went west on Monday on
matters connected with the sale of his
horses at Miles City and Fl. Keogh.
A 10-pound son was born on June
18th to Mr.. and Mrs. Tom G. johnson
at their Grand Forks home. His name
is Bruce.
Miss Mary Heaton of Des Moines,
Iowa. is spending the summer al the
home of her cousin, Mr.. and Mrs. A. D.
Heaton. in this city.
Mr.. and Mrs. John Boulger arrived
Monday night from Milwaukee and
Chicago and are nov receiving congrat-
ulations from their friends.
Commissioner w. H. Mann of the
state railroad board was in Dickinson
the first Of the week. Mr.. Mann has
given the state good service.
v. S. Lanelois, the candidate for
representative from Bel6eld, was at
tending to business and calling on
friends in the city on Wednesday.
Mrs. H. H. Fitzsimmons was down from
Fryburg on business Monday. Mr.. Fitz-
simmons who is postmaster and mer-
chant at that place, is just recovering
from a siege of illness.
J. 3. Stoddard is entertaining the
general public at a big dance in his
barn near Sentinel Butte on Saturday
evening, June 22nd. Everybody was
invited and everybody was assured of
a good time.
Brooks Goodall is moving to his house
on Sims street. Mr.. Goodall has been
a tenant in one of the PRESS building
flats since the summer of 1905 when
the block was made ready for occupan-
cy.
Under the new three-year homestead
law, Switchman j. E. Conlon will be
able to make proof on his homestead IS
miles north of Beach. Mrs. Conlon and
two children are living on the claim
this summer.
DR.. A. j. Faber, the R~ichardton
dentist, came up from Gladstone on
the Saturday evening local. He makes
regular Saturday visits at Gladstone
now, and comes to Dickinson in order
to get No. 6 home.
o. M. Kelso says things are moving
along nicely with respect to getting a
plant established for the manufacture
of the Kelso Life Saving bottle. Mr..
Kelso has a fine thing in his patent and
hopes to get the product on the market
during the coming few months.
Dan Schlewitz, proprietor of the
Shady Valley farm about IN miles
east of Bel6eld, was in the city last
Saturday attending to some business
matters and seeing the circus. MIR.
Schlewitz has a fine farm having from
80 to 40 acres of natural grove on it. He
has about ESQ acres in crops this year,
125 being flax and all of it looking good.
The Dickinson press., 1912-06-22
LOCAL NEWS

Several good relinquishments for sale:
7. Vaughn, Dickinson. 4.27-tf
We loan money and have it on hand
for business. See Everett. 46-tf
Money to loan on farm property.
Three, FIVE and ten year terms. See
Dickinson Land & Loan Co., or Louis
Petricka. I2.3.tf
For screened Lehigh Ignite, Bitumin-
Gus Coal and kindling, order from the
Consolidated Coal Co. Prompt service
and two thousand pounds to the ton
guaranteed.
12.o-tf
The Dickinson press., 1912-06-22
ST. JOHNS CHURCH

Third Sunday after Trinity, June 23rd.
1912. Holy Eucharist 8 a. m. Mat ms
and sermon 10 80. Sunday School and
Bible class II AS. Evensong end sermon
80.
J. S. BRAYFIELD. Rector.
The Dickinson press., 1912-06-22
CONGREGATIONAL CHURCH

Sunday worship and sermons 10 80 q.
m. and 100 p. m. Sunday School at
II AS q. m. =; Christian Endeavor meet
ing at 700 p. m. Mid-week prayer
meeting on Wednesday at 8 100 p. m.
A. C.. HACKE, Minister.
Evening capital news. (Boise, Idaho) 1901-1927, 1912-12-13

SIPS per acre. 200 acres. 8 miles from
Caldwell. Groom house, all kinds of
good outbuildings. 200 inches free
water. 100 acres hay, family ORCH
ard, 80 head stock on place. Will
trade for city property either resi-
dence or business. (2096)
$s200-1S acres near Meridian, new A.
room plastered bungalow. new barn
1890, chicken house. well, Riden-
baugh water. family orchard Terms.
GOOD.
$40o0--5-acre bearing prunes, miles
from Boise, near car line, to trade
Will take automobile. team and
wagon or house and lot as part pay
ment. (20ss)
Acre tracts near Playground. $1,000;
half-acre tracts. $3.50: just the place
for suburban home, SC car fare.
$27eo-7; room modern house, 1o0-foot
corner lot.
LOANS. INSURANCE.
COLLECTIONS.
c. n. ROBERTS q CO.
lot 8. 10th st. Boise. idaho.