The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1913-01-25

There is no foundation whatever
for the published statement that the
United States steel corporation is 90
ing to seek voluntary dissolution and
that u will apply TO tne supreme court
for direction how to go about IL. The
question has not been UP for considers-
ton before the board OF directors. the
finance committee or the officers OF
the corporation
NEW YORK. Jan. 2i.-The partici-
patton Of subsidiaries OF the United
states steel corporation in pools or
Eanized for the purpose of fixing prices
was known 10 Judge Elbert II Gary.
chairman Of the corporation. long be-
fore he gave orders thar the pools
should be abolished. according 20 Will
liam Z. Cores. former president of
the corporation. Mr. Corey So testi-
fed today on cross examination in the
government sUit 10 dissolve the com
hination under the sherman anti
trust law.
The testimony preceded an acknOw-
Judgement by Mr.. Corey that hi res
icuation as president Of the corpora
ton in 1910 was the sequel OF dis
pute between himself and Judge Gary
"a 10 VINO vas chief in authority and
That the finance committee OF the cor.
poraiiOn upheld Judge Gary. u gave
direct contradiction 20 that CO Chair
man Gary before The Stanley steel in
Vestieatiun committee that. with the
exception Of the rail combination
which. he said. did not fix prices. he
had no know ledge Oi The existence of
pools aud had ordered them abolished
as soon as they had been brough, 90
bis attention This was 10 the latter
part Of 1904
Gary Knew OF pool.
Mr. Corey sWorc today that Judge
Gary knew about an the pools all the
time. because he attended some 0f the
mcctinC- Although a meeting ~
the plate and structural pool in 1902
or 1908 Was the only ore ~ which
he cOuli distinctly remember That
Judge Gary was present. MIR Corey
said he was sure he was present az 9th
or meetings
Are sou sure that Judge Gary was
present 90 tho structural mccting7"
asked g.. \ Severance. attorney for
the corporation
Absolutely answered Mr. Corey
Unable to shake fhc testimony of
the witness. Mr severance held
brief conference win bis associate
counsel
You lrft Tho steel corporation
-.'h some 100 feeling toward judge
Gary. didn't YOU" asked Mr. Sever.
iu'e
we were not always i'm accord.
hut ] don't think 10 WIS ilifcclinc.'
replied thr witness Mr. Corey then
lcknoNlcdrcd that there Had been
10 question as fo Who was chief cxccu.
i've. and that the finance committee
.iad upheld Iuicp Gary
Tne Tennessee Deal
Mr Corey could not bc induced 20
Fay to alter bis previous Testimony
hat the Tennessee Coal aud Iron
. owpgur was steel rail competitor
.f fhr steel corporation before 30 vas
ken over by thc corporation during
hr panic OF 1909 with the sanction
'f President Roosevelt iIc said hc
bad opposed its acquisition on tho
,round fblf tho price was TOO hieh .
lohn " Gates and others who con. ,
rollCf f had placed Nuisance
value ON the properties. hc said. .
iud ~ would have continued q com
'cfitor ~ fhc corporation " DO had
bot been taken ocvr
Mr. COREY also persisted TODAY IN
bis opinion That Tho price paid bN
N" efocl corporal iou Tor tho lease cf .
ho Great Northern orc lands was
oo hIch. although counsel Tor tine
'r'lt Northern ore frustces. defend.
int in fh" suf made every effort 10
oniu,c his testimony.