El Paso herald. (El Paso, Tex.) 1901-1931, 1912-02-01
Declare Nothing Withheld
From Roosevelt; Gary
Dinners Not Significant.

Trenton. \. J.. Feb. Absolute de-
nisl II alleged violations Of the anti
trust law is made by the United States
steel corpora tiOn its subsidiaries. ana
directors in their answers filed this
morning ia the United States court 70
me governments dissolution suit Five
geparate answers VIII be filed among
3 defendants.
The effect OF its origin. the corpora
ton declares. has been TO cheaper pro-
cuctiou. effect economy and Increase
foreign trade from $1,000, 900 to SEQ
100000 annually within 10 years. So
long has the government acQuiesced in
its existence, the answer says that IL
IS now 700 late. as q matter OF equity,
- insist that its organization was IL
legal
Nothing was withheld from president
Roosevelt by Messrs Gary and Frick
On November q, 1907. the answer says,
when they sought his consent to the
corporations proposed purchase Of the
Tennessee Coal and Iron and Railway
company nor were the sOcalled Gary
dinners productive Of agreements to
The answers made are those OF the
steel corporation, andrew Carnegie
John %. Rockefeller. ST., John D.
verse The Roclrefellers make a Joint
answer.
The Messrs. Rockefeller deny that
they had an active part IN the fOrma-
q
rhe elder Rockefeller. declaring that
De has had no immediate return to the
Iron and steel business since 1901.
N.Y. Carnegie says he had no part
ln rhe plans for organizing the cor
poraticn and no voice. direct or advi-
eory. In its management He admitted
selling the Carnegie Steel company to
the United States Steel corporation but
denies that the acquisition by the Car
neBle company OF its subsidiaries was
in restraint OF trade.
The answer OF Edmund Converse q
director OF the United States Steel
corporation rs similar 10 the corpora-
tons answer
Zach OF the defendants prays that
the suit be dismissed
The Trusts Answer
Bcadlv speaking the answer Of the
United States Steel corporation is a
general denial 70 the allegations Of the
soEernment II defends the organiza-
ton q the subsidiary companies. de-
Ntss tnat they were formed in viola
non OF the antitrust act claims that
tley were a normal and NECESSARY de-
Felopmeut Of the times, and insists thai
instead q restraining trade OF com
uerce. they have DEVELOPED and in
creased the same.
The answer Is made I'm the name OF
the United States steel corporation
and Its various subsidiary companies
au1 i ls Joined IN BY the following
lnciTicuals- J. Pierpont Morgan. Ebert
- CARY. Charles H. SchWab Charles
o.
william y Moore. James H Moore.
Fercival Roberts, Jr-. Daniel G. Reid.
norman 3. Ream. George " Perkins
and Peter A. B. Widener.
The answer begins with reviewing
re events that led up TO the orEaniza-
ton or the present steel corpora ton
anc describes how the Federal Steel
company acquired the Carnegie Steel
company. the American Steel and Wire
company. and others through negoti-
atlonE conducted by J. P Morgan e
ffuonal ore supplies was felt the Steel
corporation ACQUIRED properties Of the
lake Superior Consolidated Iron mines
The steel corporation was formed and
IRIS properties acquired, the answer de-
rtareE. Tor the purpose OF affecting
economies BIZ migrating the plants
and the processes employed IN the
manufacture o. steel, and 70 reach the
PRINCIPAL markets OF the United States
and o. foreign countries and increase
the trade in steel products therein.
III any Of the companies acquired BY
fhe Steel corporation" the answer de-
clsres had been ORGANIZED for the
nurpOse or with the effect OF restrain
fng trade or commerce. or II they con-
ststuted an attempt az monopoly or q
r10nopol fzatiou Of trade OF commerce
neither the organizers OF the Steel cor
noratiou nor the said corporation had
any knowledge or Information thereof
when me said companies were ac-
ouired."
Confirming the answer recites thai
the Steel corporation made It's pur-
poses ana the details Of its organiza-
ton public in variety OF ways and
says that the attention OF the OIflcer;
~ the United States government was
particularly directed 10 the organiza-
ton at IRE time It was effected
CheapenE Production.
The answer then sets forth that the
Steel CORPORA ton has Cheapened the
production OF steel 10 the consumer