Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-01-12

buS1 ness mad hedrd somewhere OF
the sherman law, but thought it APP
Piled only to railways"
Wasn't it The duty OF your legal
| adviser to keep your comp my add
>ised as to the laws passed by Con-
gress and the states?" Mr.. McGilli-
cuddy asked.
y suppose that they would consult
with tho officials of the company"
was the reply. Il never was an Of
fetal"
What did you have attorneys for?'
To appeal to in ease of suits, was
the reply.
Now. Mr. Carnegie, as principal
owner of the Carnegie Steel Co, for
which philandtr { Knox was the
principal attorney. wouldn't you have
expected him to inform you about leg
islation as important as the sherman
i antitrust law
no. sir I had no relations with
| these gentlemen. I was simply hold
4er cf stock. Was I. as such, to be
| bothered by these lawyers when / had
men to run the business for me?'
..'rheD You were left in absolute ig-
noranee as to the effect of the Sher-
| man law"
| Yes, sir"
Mr. Carnegie Rep. Mctiillicuddy corr
tinued, did you recommend to President
Mckinley after his election in 1900, tn at
this same attorney. Philander c. Knox,
/ who left you in hlissful ignorance all
those years about the effect of the SHEER
man law, be appointed attorney general
of the United States
| Mr.. Carnegie looked at his auestioner
f for a moment in ama2ement. He started
+ to speak and them turning suddenly 10
Attorney Reed. he exclaimed;
Did !, judge Mr Reed almost In Il
whisper, and with Il smile ON his face. re-
Piled:
Yes, YOU wrote letter to the Presi-
dent about KnoXs appointment.
Now, Mr.. Carnegie" Mr. McGiIlIcuddy
went ON, after 10 years experience with
| that attorney who didn't let you know
about the laws you ought to have known
about, you recommended him as proper
and fit man for attorney general of the
| United States"
Yes, I did" he replied. but I object
! to the form of your question. You ask
after I had experience i had no expert
ence with Mr. Knox SO far as the cor
poration was concerned Mr. Knox had
no official relations with me-
About the same time that Mr. Knox
went into the Presidents cabinet did
his partner, Mr.. Reed, go into the di-
recterate of the United States Steel Cor
poration2. Mr. McGilIieudds asked
Mr.. Reed appealed TO by his client
| replied that he did.
Before the ironmaster MAS quizzed as
to his views on the tariff several
members of the committee heck1ed
him about his ignorance and that of
his partners about the law.
Don't you think it rather unusual.
Rep. Beall asked. that so many of
these great business men were ignor-
ant of the laws?''
No"
Now don't you believe that some
men in the Carnegie Co. knew they
were violating the law?"
Now, Mr.. Beall, when you say that
l caa see in your face an irresistible
SMILE" Mr.. Carnegie replied.
Z see YOU are smiling, too the
legislator answered
Yes, lets smile together. YOU with
me.
"Bnt not be a villain STILL" Mr.. Bean
retorted.
! Mr.. Carnegie fatty told the commit
! tee that he believed there was no ne
cessiJy for protective tariff on steel.
He said in the infancy of the industry
it was needful, but that infancy had
been outgrown. long ago
II have consistently advocated reduc-
ton in the tariff before Congress" he
said. land l told President Mckinley
just before he went to Buffalo to make
his reciprocity speech in 1891 that Amer
lea needed no tariff on steel would
make an exception of needles. because
that is a great business, and as vet we
| make none in this country so far as 1
| know OF"
Mr.. Carnegie explained that this coun-
try need not fear foreign importation of
steel in case of free trade.
When asked if he did not think the
government regulation, which he recon-
mended, was bordering dangerously on
Socialism, Mr. Carnegie said that Social
ism had 10 terrors for him.
My motto Isl he said, that all is well
since all goes better. The world is grow
ing better every day / have faith in hui
man nature. That's what makes me op-
| timistic."
Mr.. Carnegie also insisted that the dis
tribution Of wealth from the few to the
| many was increasing yearly.
Washington, Jan. 11-AndreW Car
negie was again a witness before the
House Steel Trust investigating com
mttee, today. The iron maste" was
| in Il happy frame OF mind when he
| reached the committee room. There
| was a large audience.
| representative Beall of Texas began
| questioning mir. Carnegie
You We're connected with the iron
and steel business altogether for about
40 years, We're you mott" he asked.
Yes. sir
YOU found it at the beginning
small busness?@
Yes, very small.
And Yen left it a business domi-
mating the business of the worId?"
Yes, il steel"
In the early years YOU found the
| business disntegrated ,"
Yes"
And Vol left il "A business greatly