Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-11

exie was again witness before the
house steel trust Investigating COM
nittee today. The iron master was in
hxppy frame Of mind when he reach
Id the committee room and as on yes
terday he proved an attraction drawing
/ large audience. He told the chair
|Insn., before the proceedings began.
khaf he hoped the committee would
conclude with him today as he wished
|to return to New York.
Rapresentative Beall, Of Texas, be-
IN the questioning.
kI 5sYou were connected with the iron
steel business altogether for
lk56out forty years, were you not?" he
(<Asked
Ayes, sir."
A ;.You found 1t at the beginning a
Nnail business 2"
yYes. very small"
u ..And you left it business dominat-
,,r the business of the world -
& & .ssYeS, M steel" .fs
- 50 saarly years sou found the
6 ssbusinsss disintesrated? 2" s..i
..Yes.'
..And you left the business greatly
improved, greatly extended, with all It's
attributes the ore, the transportation.
i theacoal. and other facilities assembled
and practically dominated by one great
\ corporation?"
aAdmirabiy stated" said Mr.. Car
negie.
,..Has there been the same grade OF
progress in the steel business since the
United States Steel Corporation got
hold OF. the Industry"
At don't believe that any corporation
! can manage business like partner
ship. When we were partners feit
that. we could run around corporations.
Take twenty-five or thirty young men
interested In watching even leak IN
a spigot and no corporation can COM
pete with such an organization IN any
business.
...George Perkins came to me one
day and said, Mr.. Carnegie you once
told me about your partnership organ
txation and thought it was foolish
Now know you were right
caenaoie Pays Tribute TO Iowa.
ut is the same thing with the man
Syho owns the land and tills 1t. Take
iowa for instance. When a young man
| went ia Iowa on holiday. There
.aw those beautiful farms, those homes
J ~ 4 triumphant democracy. Those
I vo,,nr men owned their lands, their
homes. Great Ceaser. what can big
Tsrmin1 corporation do against such q
c0nditiOn as that?
:sa'Tsha man who owns the land Is a
man. the equal of any other man In
triumphant4 democracy. Why, have
. ioved Iov& ever since I saw that pic
turS.s S.
-. iiI;,s&ra&as po.xsr 70 Get Business.
NJ. carnegie. gave several tllustra-
lions of His power to get business when
{ Ne was IN the steel. market
ssyVhy; take rails for instance, ne
/ continued. 81 had many close friends
( IN the railroad business. remember
h oyice the Union Pacific had asked for
BIDS Tor; 900 tons Of rails and the
BIDS were TO be opened at Omaha. All
nv competitors were out there. ]
walked, over to Sidney Dillon, of the
yTnion Pacific, in New York. I had
6one the. linton Pacific favor once. ]
xoe them q loan of something like $780,
600 I'm sPhdlGdelphia, and they elected
Ne ara George Pullman directors.
II told Dillon shout the bids and
asked MIN II the Carnegie rails were
aaHiafactory and he said they were.
told hi,m.I wanted the Union Pacific to
do sbusineg with me and would give
them tho; lowest price. He said All
riRht1 Carnegie ana got the contract
I 81 sstgow what's the use Of q CORPORA
4i0n n4htinx against such an influence
q that.. = ~
o6Stisndsd Cells p. Huntinsten.
Ne. C1snegie also. related how he had
4 afyeu.a credit to Coils p. Huntington,
adeut 81 the Union Pacific. at the
tiiIsc When Huntington was hard up.
.1iS Was my friend What chance
had 3 paid agent to compete under
q tisoso eonditions."
NJ Carnegie was questioned about
I th0 speices Of steel rails. the committee
seekifse Is establish II possible whether
Il ~ Y ton for rails was fair or unfair
rice: the price for which they had
soids 1nce the organisation OF the steel
asyotserf 0soemss Asitatsd.
~ = sntative Gardner. Of Massa-
e en- ~ M Mr.. Carnegie had = tilt.
+ eeenains quite asitatsd