New-York tribune., 1912-07-16
Gardner DisSentS from Major
ity Report and Says Repub-
IiCanS Should Act.
YOUNG ALSO OBJECTS
Stanley Would Attack U. s.
Steel Corporation and Roose-
velt-Campaign Cry
Chairman's Aim.


Washington. July 15.-Asserting that
the Republican party was now bound to
offer definite legislation remedial of the
trust problem. Representative Augustus
p Gardner. of Massachusetts. son-in-
law Of Senator Lodge. refused to-day TO
sign the majority report OF the Stanley
committee which investigated the steel
trust. Representative Olin II. Young. OF
Michigan, also disagrees with the findings
OF his colleagues on the committee. and
has prepared a tentative minority report,
TO portions OF which Mr.. Gardner also
objects
Thus at least three, and possibly more,
reports are likely 10 come from the COM
mittee. Representatives Danforth, OF New
York. and Sterling. Of Illinois. Repub-
licans. are waverlng between the inclIna-
tion 10 prepare a report OF their own and
the desire TO bring about a unanimous
minority report.
After devoting almost year 10 hear
ings. and waiting three months TO draft
its report the Stanley committee met in
executive session to-day and discovered
that its membership was badly divided
over the degree OF the alleged iniquity Of
the United States Steel Corporation
Chairman Stanley has prepared what IS
known as the majority report. and this
was discussed by the full committee to-
day. II comprises about two hundred
printed pages denunciatory Of the Steel
| Corporation J. Pierpont Morgan. Thco-
dore Roosevelt. the relation between in
dustrial corporations and subsidiary com
mon carriers. the National Tube Com
pany. the Gary dinners and other persons
and things
Colonel Roosevelt is TO be censured FOR
permitting the absorption OF the Tennes-
| see Coal and Iron Company. II the Stan
ley report is finally accepted By the
Democratic members OF the committee.
Mr.. Gardner expressed the opinion that
the committees report should not be a
campaign document. lie added
The Republican party must lead in sub
mtting definite remedial legislation We
must take a progressive stand. and right
now IN dealing with the Steel Corpora
| ton, Is the opportunity afforded for the
party 10 lead the way The present poli-
ucal situation should be altogether ig-
nored in the findings Of this Steel Investi-
the Republican members will join with
me and that We can get together on a
unanimous minority report which will
include proposed remedial legislation that
VIII not only open the way for intelligent
discussion. but lead 10 actual results.
What Mr. Gardner proposes he was not
ready 10 disclose. His objections TO the
majority report are said 10 relate chiefly
TO the manner Of treatment OF the find
ngs. Of the status Of the Steel Corpora
ton. under the present and past admin
istrations, and OF the existing political
situation.
The Democratic members have left the
preparation OF the majority views largely
10 the chairman Of the special investi-
eating committee. and ne has assembled
seventy-two galley proof pages explain
ing why the Steel Corporation IS thor
oughly bad" and should he dissolved
Chairman Stanleys report. which
eventually may be accepted By the Dem
ocrats Of tho committee. devotes consid-
cradle space TO the Tennessee Coal and
Iron deal. Anticipating that Colonel
Roosevelt will be a candidate for the
Presidency, Mr. Stanley has not over
looked the opportunity 20 circulate cam
paign matter. and he attacks the former
President for permitting the absorption
OF the Tennessee company.
Republican members OF the committee.
whether they are opposed TO Colonel
Roosevelt or not. will maintain that the
investigation was designated as a nom
partisan inquiry and that politics should
play no part IN the report
The majority report Will recommend
this legislation
To divorce Industrial corporations from
common carriers and 70 force the break
ing or relations between the Steel Cor
poration and its subsidiary railroads
TO prohibit the organization Of holding
companies for Industrial corporations
TO prohibit one Industrial corporation
from holding stock, directly or Indirectly
Ia another corporation.
Mr.. Stanley said to-day: 81 think the
committee will be more liable 20 agree on
recommendations than on findings OF
fact"
This IS an admission that he has not
been successful in convincing the re-
naming members OF the committee that
the Steel Corporation is as bad as pict-
ured I'm the Stanley report
Tomorrow or the next day the Repub-
lican members OF the COMMITTEES will meet
10 consider the conclusions OF Representa-
tive Young.
TRUST MAY ASK DlSlINI0N