New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-05-24
c. NJ. SCHWAb ADDS TO
STEEL CONFESSIONS
Tells at Dinner of American In
stitute How He Prepared
for Witness Chair.
READ OF ST. AUGUSTINE
Says the Industry Will Reach
Safe Harbor Despite Trials
Judge Gary Praised for
His Patience.

The governments suit for the dissolu-
ton % the United States Steel Corpora
ton was a subject which ran in and out
OF the after-dinner talk at the dinner
OF the American Iron and Steel Insti-
tute last night al the Waldorf-Astoria
Hotel Some of the mention was in a
facetious strain. and again tie serious
ness Of the subject 10 the steel industry
of the country was referred TO by the
speakers.
The occasion was the final event in the
fourth annual convention of the insti-
tute. and $50 prominent steel men were
present.
Charles NJ. Schwab, president OF the
Bethlehem Steel Company told his ex-
perences as a witness at the hearing
OF the governments suit. which hinged
largely upon his work as the first presi-
dent OF the United States Steel Cor
poration.
when I found ! was to be called upon
10 testify" Mr. schwab said. II went
into my library 10 find what book, IL
any. would aid me in my ordeal. l Sc
lected The Confessions OF 81. Angus
tine But I found they dealt only with
a confession Of human weaknesses and
frailties. in which | needed no tuition
for confession. ! found no records OF
men who had toiled TO build up a great
industry and then had to make a con-
fession' for doing so,
II have found that many things which
we did and for which we were highly
praised at the time in our efforts 10
create a great result are now the things
thought 20 be so contrary TO law. And
when ! think Of all the things have been
saved from doing by being out of the
might have been much worse than l now
am.
Whatever vicissitudes there may be
for the industry at present. however. 1t
may be attacked by the stormy waters OF
public opinion. / am sure that its sturdy
leaders will guide it safely into the har-
Dor OF greater importance"
Judge Gary who was the postmaster,
was paid a high tribute by Colonel James
Hoyt OF Cleveland for his possession of
that highest attribute Of greatness, pa
tience." In his attitude maintained during
the progress OF the suit against the United
States Steel Corporation.
THE people Of to-day want 70 get some
thing without doing something" Colonel
Hoyt said. IF they want the opportuni-
ties which they see personihed in such
men as Judge Gary and Mr. Farrell. they
can have them by doing as these men
have done and striving for them"
President Farrell OF the United States
Steel Corporation. Professor Frederick
Crabtree. John Mcleod. Professor Henry
VI. Howe of Columbia University. and
Joseph @. Butler. jr., were other speakers
OF the evening.
The Institute held its fourth annual
meeting at the Waldorf--Astoria Hotel
yesterday morning. Four hundred mem
bers attended. Judge Ebert II. Gary.
president ofe the Institute. presided and
made the opening address OF welcome
Heinrich J. Freyn talked about gas plants
and DR.. William O'Neill Sherman read a
paper on First Aid 70 the Injured in
Industrial Pursuits" DR.. Thomas OAR
ington. secretary OF the welfare commit
tute, talked on What Causes Fatigue
Judge Gary in his speech quoted Pres
ident Wilson's remark that Honesty had
nothing to fear from the Democratic adj
ministration." and said: Let us accept
the statement as coming from President
Wilson to mean just what he said ard
rest ASSURED.
motion was plade and carried IT the
end of Judge Garys speech that herr
atrcr all meetings should be open - the
press.
Carl A. Meissner and Albert Sauverr
read technical papers at the afternoon
session Mr.. Messner spoke on The Ei-
Product Coke oven" and Mr.. Sauveur.
WHO is professor Of metallurgy in Har-
ward University. read paper on "a Re
Practical Value OF the Microscope In the
Iron and Steel Industry"