The Mena weekly star., 1912-01-18
CARNEGIE BEFORE
 STEEL COMMITTEE
Says Day of Competition Is Gone Admits Company Controls Busi- ness-Firm's Success Due
 to Partnership Plan.

Washington, Jan. ii-Andrew Carnegie was again a witness be- fore the house steel trust investi- eating committee today. The iron master was in a happy frame of mind when he reached tho eommit- tee room and, as on yesterday, he proved an attraction, drawing a large audience.
 Representative Beall of Texas began questioning Mir. Carnegie.
 You were connected with the iron and steel business altogether for about forty years, were you not2" he asked.
 "Yes, sir"
 You found it at the beginning a small business?"
 "Yes. very small"
 And you left it business domi- hating the business of the worldY" Yes, in steel"
 Tn the early years you found the business disintegrated?n
 Yes"
 And you left it a business great ly improved, greatly extended with all its attributes, the ore, the transportation and railroad facili- ties extended and practically domi- mated by one great corporation2"
 Admirably stated" said Mir. Car negie.
 Has there been the same grade of progress in the steel business since the United States corporation got hold of the industry?"
 q don't believe any corporation can manage business like a part nership. When we were partners I felt that we could run around tn, corporations. You take 35 y0unE men interested in watching even { leak in a spigot and no corpora. ton can compete with such an or. ganization in any business.
 George Perkins came to me on' day and said: Mr. Carnegie. yoI once told me about your partner. ship organization, and l thought i was foolish. now know you wer, right
 Tt is the same thing with tn, man who owns the land and till! it. Take Iowa for instance WheT a young man l went to Iowa on { holiday. There l saw those beauti. ful farms. those homes of trium. plant democracy. Those young men owned their homes, theil lands. Great Caesar What cal bgi farming corporation dt against such a condition as that?
 'rhe man who owns the land k a man, the equal of any other mar in a triumphant democracy. Why have loved Iowa ever since saw that picture"
 MT. Carnegie gave the committe, several illustrations of his power to get business when he was in tho steel market.
 Why, take rails for instance, he said. T had many close friend, in the railroad business. I remem- Der once when the Union Pacific had asked for bids for 10000 tons of rails, and the bids were to be opened at Omaha. All my com petitors were out there. walked over to Sidney Dillon of the Unior Pacific, in New York had dont the Union Pacific a favor once; goi them a loan of something like S600,000 in Philadelphia, and they elected me and George Nj. Pullman directors.
 q told Dillon about the bids anc asked him if the Carnegie rails were satisfactory. He said they were, and I said: I want the Union Pacific to do business with me, and I'll give you the lowest price He said all right, Carnegie, and I got the 10000 ton contract.
 Now, what's the use of a cor poration fighting against such an influence as that?'
 Mir. Carnegie also related how he had given credit to Collis p. Huntington, president of the Union Pacific, when Huntington was hard up"
 He was my friend" said Mir. Carnegie. What chance had a