The Marion daily mirror. (Marion, Ohio) 1892-1912, 1912-02-01
STEEL TRUST DENIES
CHARGE Of MONOPOLY.
OfiiCialS diSavOW Allegations Of Government in
their Replies Filed TOday-JOhn D. Rockefeller
Pleads Inactivity in the Corporations Actions
Since 1901 and Asks Dismissal Of CaSe-Car
negie Claims he is not Familiar With any Op-
eratiOnS Other than Carnegie COmpany'S

grating the plants and processes en-
ployed in the manufacture of steel
and by increasing the diversity of
steel products than they had antici.
pated when the Federal Company was
formed or had yet been able to effect
on account of the Incompetence of
the integration of the Federal plant
and the want of finishing mills for
manufacturing a diversity OF pro-
ducts that they had also learned that
foreign commerce in steel products
could be much more successfully
carried on by a company with suf-
flcient capital and facilities to manu-
facture on a broad scale substantial
w all the finished products of steel
and put them down in foreign mar
kets in large quantities and at prices
and i'm condition which could not be
bettered by the great producers OF
other countries; that II was to effect
such integration and diversliication
and the economies resulting there
from, and to reach the principal mar
kets Of the United States and Of
foreign countries and Increase the
trade I'm steel products therein that
the Steel Corporation was formed and
it's properties acquired that Il any
of the companies acquired by the
steel Corporation had been organized
for the purpose or with the effect of
restraining trade or commerce, or "
they constituted an attempt at monop-
oily or monopolization of trade or
commerce, neither the organizers OF
the steel Corporation nor the said
corporation had any knowledge or
information thereof when the said
companies were acquired; that sail
companies had been in existence for
a number of years; that their organi =
zations were known to the public ana
The officers OF the United States Gov
ernment and had never been chal .
lenged In any way, and that they
We're purchased by the Steel Corpor-
alton In entire 7guod fHith. etiHply be-
cause the propefe 'es they owned were
suitable for the pGOoses of the Steel
Corporation"
THAT said purposes substantially
as herein stated were made public at
the time they were formed. in many
speeches, circulars, newspaper articles
and official reports, as was every de-
tail OF lne OlbdiilNdtApAi Va NV 49,
Corporation; that the attention of the
officers Of the United States Gov
ernment was particularly directed to
said organization at the time IL was
effected and that they have since eN-
amined into It again and again, some
times with great fullncss and at great
length, but that never until within a
W months, so far as these defend
ants are aware and as they believe
has any department or responsible OIL
ficer of the Government criticised the
said organization as being in either
its purpose or effect combination
an restraint of trade or commerce or
amonopoly or an attempt at monop-
DIV: that in the meantime In good
faith and with great publicity the
steel Corporation has pursued the op-
iects and only the objects for when
IT was organized as then ana herelh-
before declared: that full and accurate
reports of all it's operations have beeh
made each and every year since II
was organized and saih reports nave
been furnished to the government ana
published to the world; that 1t has
cheapened the production of steel 10
the consumer, has extended the home
market for steel products and has IN
creased its foreign trade in said pro-
ducts by natural development from
SS. OOO. 900 in 1901 to $60.O0O,OOO in
Continued on Page Three.