The Birmingham age-herald., 1912-02-01
STEEL CORPORATION
 MAKES 4 GENERAL |. DENIAL OF CHARGES
Defends Organization of Subsidiary Companies
 Into One
DO NOT VIOLATE THE
 ANTITRUST LAW
Claims That Organization Was Nor nal and Necessary Development of the Times-Events Lead
 ing Up to Organization

ilS 0p iO OISdnlLdtioh
 Trenton, N. J., January 31.-Absolute denial of alleged violation of anti-trust law is made by the United States Steel corporation and it's subsidiaries in their answers which will be filed tomorrow in the governments dissolution suit Five separate answers will be filed among 8 defendants.
 The effect of it's organization, the cor poration declares, has been to eheapen production, effect economies and increase foreign trade from Ss. GOO to 60,a00 GOO annually within 10 years. So long has the government acquiesced in it's exist ence, the answer says. it is now too late as a matter of equity to insist that it's organization Is illegal
 Nothing Withheld
 Nothing was withheld from President Roosevelt by Messrs. Gary and Prick on November 1. 1907, the answer says, when they sought his consent to inc eorpor- ation's proposed purchase of the Tennes- see Coal. Iron and Railroad company: HOT were the Sb-tdico Afdi hiAiitiS Pio- ductive of agreements to regulate prices.
 The answers made public tonight are those of Andrew Carnegie. John D. Rock efeler Sr,, John D. Rockefeller, Jr., and Edmund c. Converse. The Roekefel- lers make a joint answer.
 The Messrs Rockefeller deny they had active part in the formation or manage ment of the corporation. the elder Rock efeller declaring that he has had no im- mediate relation to the iron or steel bus mess since f90f.
 MT Carnegie says he had no part in the plans for the organizing of the cor poration and no voice direct or advisory in it's management He admitted selling the Carnegie Steel company to the United States Steel corporation. but denies that the acquisition by the Carnegie com pany of it's subsidiaries was in restraint of trade.
 The answer of Edmund C. Converse. director of the United States Steel corporation, is similar to the eorpora- tion's answer.
 Each of the defendants prays that the suit be dismissed.
 Completes Answers
 The answers to be filed tomorrow with those filed Monday by the Minnesota group of land and mining companies and five individuals named as trustees will complete the answers from all 56 defend ants named in the suit. The next step will be the filing of replieations by the government, which must be done with in 90 days unless an extension of time is granted. After that commissioner will be appointed to take testimony.
 Tho United States Steel corporation will file tomorrow it's answer 10 the petition of the federal government in which the court was prayed to adjudge the steel company illegal and in restraint of trade.
 Broadly speaking the answer is a general denial to the allegations of the government. It defends the organ ization of the subsidiary companies, de- nies that they were formed in violation of the antitrust act, claims that they were a normal and necessary develop ment of the times and insists that in- stead of restraining trade or com hltItt they udNb hfNfibPth anu III creased the same.
 The answer is made in the name of the United States Steel corporation and it's various subsidiary companies. and 1t is joined in by the following indi- Vlduals: ]. Pierpont Morgan. Ebert H. Gary, Charles NJ. Schwab, Charles Steele, Henry c. Prick, James Gayley William 1T. Moore, James H. Moore Percival Roberts, Jr.. Daniel G. Reid Norman B. Ream, George w. Perkins and Peter A. B. Widener. The array of counsel includes Lindabury. Depue & fauiks as solicitors, and Joseph H Choate, John c. Johnson, Francis Lynde Stetson, David A. Reed Raynal c. Bell ing and Richard V. Lindabury as counsel.
 Reviews Past Events
 The answer begins with reviewing the events that led up to the organiza- ton of the present steel corporation and describes how the Federal Steel company acquired the Carnegie Steel company, the American Steel and Wire company, and others through negotia- tions conducted by J. P. Morgan & Co, Later, when the need for additional ore supplies was felt. the Steel corporation acquired the properties of the Lake Superior Consolidated Iron mines. The Steel corporation was formed and it's properties acquired. the answer de- clares, for the purpose of effecting ecenomies by integrating the plants and the processes employed in the manu- fracture of steel. and to reach the prin- cipal markets of the United States and of foreign countries and increase the trade in steel products therein
 TT any of the companies acquired av the Steel corporation. she answer dc. clares had been organized for the pur- pose or with the effect of restraining trade or commerce, or if they constituted an attempt a rronopolv or monopoliza : ton of trade or commerce, neither the organizers Of the Steel corporation nor the said corporation had any knpWiedg or Information thereof when the sai1 companies were acquired"
 Continuing the answer recltfs that the Steel corporation made it's purposes and the details of it's organization public in | variety of ways, and says that the atten-
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