The Sentinel=record., 1913-01-25
FORMER PRESIDENT OF STEEL TRUST IS uNsHAkEN IN HIS
 TESTIMONY.
FRICTION BETWEEN THE MEN
Corey Gave Direct Contradiction to the Testimony of Judge Gary Be- fore the Stanley Steel Investi-
 gatIne Committee.

New York, Jan. 24.-Participation of subsidiaries of the United States Steel corporation in pools organized to fix prices was known to Judge E H. Gary, chairman of the corpora tion, long before he gave orders that the pools should be ssolished, accord ing to Wm. E. Corey, former presi- dent of the corporation. MT. Corey so testified today oD cross-examina- tion in the government suit to dis solve the combination under the sherman antitrust law.
 The testimony preceded an ac- acknowledgement by Mir. Corey that his resignation as president of the corporation in 1910 was the sequel of a dispute between himself and Judge Gary, as to who was chief in author ity and that the finance committee of the corporation had upheld Judge Gary.
 It gave direct contradiction of the testimony of Judge Gary before the Stanley steel Investigating commit tee, that with the exception of the rail combination which, he said, did not fix prices. he had had no knowl- edge of the existence of pools and had ordered them abolished as soon as they had been brought to his at teEtion. This was in the latter part of 1904.
 MT Corey swore today that Judge Gary Knew about all the pools all the time, because he attended some of the meetings Although meet ing of the plate and structural pool in 1902 or 1903 "was the only one at which be could distinctly remember that Judge Gary was present." Mir. Corey said he was sure he was pres ent at other meetings.
 Are you sure that Judge Gary was present at the structural meeting ?'' asked C., A. Severance. attorney for the corporation.
 Absolutely" answered MT. Corey.
 Unable to shake the testimony Of the witness, Mir Severance held brief conference with his associate counsel.
 You left the steel corporation with some i'll feeling toward Judge Gary. didn't you?" asked MT. Severance.
 ffC Wtit uOt diWdyb III uttOtu btit l don't think 1t was i'll feeling, re- piled the witness. Mir. Corey then acknowledged that there had been q question as to who was chief execu- tive and the finance committee had upheld Judge Gary.
 Mir. Corey could not be induced to- day to alter his previous testimony that the Tennessee Coal and Iron company was a steel rail competitor of the steel corporation before 1t was taken over by the corporation during, the panic of 1907 with the sanction of President Roosevelt. He said he had opposed it's acquisition on the ground that the price was too high. | John w. Gates and others who com trolled it had placed a nuisance value on the properties, he said, and It
 would have continued as competitor of the corporation ii it had not been taken over.
 MT. Corey also persisted today in his opinion that the price paid by the steel corporation for the lease of the Great Northern ore lands was too high, although counsel for the Great Northern ore trustees defendants in the suit, made every effort to confute his testimony.
 Rumors became current in Wall street today that the United States Steel corporation intended voluntar- fly to dissolve. These were denied bX Judge Gary. The chairman would not comment on Mir. Corey's testi- mony.