The Bridgeport evening farmer., 1913-05-23
FARRELL DENIES
 STEEL SECRETS
Admits Special Agreements, but Contends Trade in General
 Knew All Prices

New York, May 23.-James A. Far ref. president of the United States Steel Corporation. whose cross cram ination in the government suit to dis solve the corporation was interrupted to permit Charles M. Schwab to give his evidence before leaving for Flu rope. resumed the stand yesterday at the hearing before Special Examiner H. P. Brown at Fl Broadway
 MT. Farrell was on the stand five days last week on direct examination in the defense to the suit. Accord ing to figures supplied by the presi- dent the corporation employs more than 22f. 900 persons, has a yearly pay roll of more than S1Ss, ,O00, 600, and does business in sixty countries
 Before examination by Judge Dick fnson. MT. Farrell made some minor corrections in his testimony given last week. The witness said that since the formation of the corporation 1t had been customary to print puphciy r,rices of the products of the National Tube and Sheet and Tin Plate com panies. Those prices are given to the trade subject to the usual discount Prices for other products are easily ,obtainabIe He said there was no prl- vate price list There was no secreSS ts,s about the selling prices for any or the goods made by the corporation.
 ssDid the United States Steel Cor r,oration have a secret agreement with the Hartman lines by which they were given preferential pricesz esAeu The government attorney.
 .-T-here was no secret agreement. -sasd MT Farrell '.A great many knew of the agreement There were con tracts between the Hartman lines ana our companies and the sales were @ uis- frfb41ted broadcast among our sales
 ssT1sd xou ever have 8 secret con tract with the American Can Com s-r-sar were zriven a price lower than <,+,,e- n,Ivers- but that is because they ,--e large buyers" replied. the witness. 9e did not consider the agreement
 FTe added that with some changes the contract had been renewed Sllle7 e fine dIiux of the present eu1G
 CT know of no reason why 1nere l-Aoz,l1 be secrecy about prices. ne contfuued s'I know of no contracts made with anybody cnat rnfsnr nOC ~ Oe --al7a with anybody -ease dor large tT,-A' = ar efsor4 to refute the testimony oe 4l,e witness that prices had con efant1v declined'' since the crganiAa- Efinu of the corporation Juoge !HchI = fuson questioned him on an eAnlna' elli t,~R,rrusna the course of prices In NaIl- ,,-,- uroducts. Mir Farrell conceoeo .+v-.4 f,etvrsexr 1904 and 191O-the latter .7oesnx the year before the sur WaS seIed-shere had not been consean. :,5~clire fn many products. Some had a6warcea in various years. he adHn1t- 4ed MT. Farrell called aefenuon ro the fact that in 1911 ana iy11 1u,'ra- pnSeeS ere however, practically all lower
 s-vTe don't take these years into con -saern&5ou because we think some thlnrs began to happen after the lLaa s1r Of this baIl.' commented Juoge Dickinson, land the stanley ll4as, tee also was Investigating the Seeel compensation in 1sa1- .,-,z
 ..0f all the products I have asHeo -|.,1t. fine only one showing a con S+-1t deeItne Is concrete reanforce- hent. ss it not7" asked One govern
 
 sever. the others are variable '~ said the witness ----<-t