The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-13
FARRELL DEPICTS
CORPORATION AS
GREAT PROTECTOR
About 10000 tons daily"
How business Has Increased.

L.
Severance.
about 10000 tons daily"
How business Has Increased.
MIR Severance brought out that the
value OF the corporations export busi-
ness had increased from s31.o00,O00 in
1904 to Se2,0oO,0o0 in 1912. Mr.. Far
rell said also that the corporation had
sold less raw material and more FIN
ishcd product during that period. ac-
counting for increased business.
In answer to questions by counsel
egardinE the steel Corporations for
egn business, Mr.. Farrell said It had
2dS agencies in sixty foreign countries.
He explained that it's warehouse at
Antwerp Is merely distributing de-
/ pot supplying countries by sailing ves-
/ sells that are not reached bS steamers.
/ Belgium produces about 90 per cent
/ of its own iron and steel. hut. tn Q
| United States steel Corporation did
/ supply some of the steel rails for the
Antwerp Street Railway.
The products of the corporation are
sent to their various destinations by n
/ chartered fleet of steamers. They vary
/ in number from thirty-fivc to forty.
/, Mr.. Farrell said the corporation did
! business in Iceland, in the South Sea
I Islands, is now building bridges at
+ Christmas Island. and supplying ma
/ lands. The representatives in these
( foreign offices arc usually natives, but
/ IN some instances they have been
; brought to New York to 10 better cdu-
Gated along special lines
| Mr. Farrell said II would be impos-
shle for small company to main
| tain agencies in all parts of the world
/ ms docs the United States Steel Cor
4 poraton.
! Because OF our great production"
said the witness. we are able to send
! these various finished goods to our
agencies throughout the world. We
supply, for example, everything need
gd III the construction of a railway.
! This we ship complete. In Brazil for
instance. we have TO pay extra rates
on shipments that are not punched"
Gould the American Steel and Wire
Company have supplied the market as
is now being done by the United
states Steel Corporations" asked Mr..
Severance.
Couldn't Reach Markets.
Absolutely no." replied the witness
They could never have reached the
! markets"
Mr. Farrell said the company built
the arst steel structure in Bucnos
, Aires eight years ago. and. since then
every steel building there. competing
with the German, English and French
architects. He explained the Amcri-
gan construction is lighter and more
satisfactory.
The witness then told or the products
shipped TO various countries. China
ne declared. was great place To sell
detective material as tho Chinese could
make u pretty good razor out of u
/ iow-g grade carbon steel. In sydney he
stated. engineers are making plans for
~ bridge to cost between $1,000 600
and 100000 tO.
At Vancouver. Mr.. Farrell said they
/ supplied much material but the
freight rate is SIS ton from Pitts
burgh while from Liverpool and Ant
| wcrp ii is only Sc TO $S q ton. To
Offset this the company established Il
line of six steamers carrying steel to
/ Vancouver, ana returning with gen
eral merchandise and stopping at sew
cral intermediate points.
At present they arc carrying back tin
and chalk. The round trip takes from
six To eight months.
Speaking of'thc South African trade
the witness said:
Through Capctown we dispose OF "a
number OF agricultural products. and
through Johannesburg. pipes for the
diamond and gold mines.
IN. Peru" he continued. I'VE sell
In Patagonia. corrugated iron and wire
and wc are supplying tho Argentine
| government with material for rail
road In Mexico we do n large bust
ness In general wire products
I'm Rio Janeiro We sell wire, consid
cradle rail. railway accessories. tin
rlatc and street railway supplies. There
is great deal of hydraulic work going
en- and we erect their rigs for them.
we have expert riggers going all
over The world doing this class of
work. The American Bridge Company,
one OF our subsidiaries, does II great
deal OF this work. On the north coast
of Africa. at Tangiers and at Morocco
and asiers. at Tripoli, and through our
oI'lce ut Shanghai. we sell about ST.
100000 OF our goods yearly"
Tho defense. to the government suit Is
expected to consume some time The
prosecution of the suit. which is
brought under tho Sherman law. lasted
! for nearly year, and the last session
was III February.