The Birmingham age-herald., 1913-06-11

One of the thoughts which tire recent ap-
pearanee of President James A. Farrell.
Judge f. II. Gary. chairman of the board,
Charles Nj. Schwab. now the leading in
dependent steel ard iron manufacturer.
and Percival Roberts, Jf.. has inevitably
caused is the demonstration that the or
sanlzation and growth of this corporation
We're as true an evolutionary n process
as the history of American business can
tell. 1t was evolution through co-onera-
uon and the cooperation of men when
James Russell Lowell once described as
possessing the empire of brains.
Judge Gary appears to have beer The
real initial and systematic planner of
what became the corporation. lie could
not have dreamed when he. with Senator
John A. Logan, appeared in Washington
TO ask the Postmaster General OF Car
fields cabinet to appoint a friend of his
as postmaster of a little town in Illinois
of any other careerithan a legal and pos
sibly political enc, and 1t Was by the
merest chance created incident of his pro-
fessional practice that Judge Gary him
self and his friends discovered that his
greater Intellectual qualifications would.
If opportunity offered. make him great
constructive force in the development of
the iron and steel industry in The United
States along lines sympathetic with the
marvellous growth Of the country itself.
His First Employment
1t was Judge Garys association with the
Federal Steel company of Illinois which
taught him the great economic and con-
structive lessons which he learned so
thoroughly as to enable him later to lay
before Mr. Morgan a comprehensive plan
for upbuilding the manufacturing OF
iron and steel products upon Substantial
and very great financial basis as would en-
able this manufacturer not only to meet
the vastly increasing demands of the
United States, but also to capture foreign
markets.
In the beginning of the discussion which
led to the organization of the Steel cor
poration. Judge Gary fondly hoped that
whatever form the contemplated enlarged
corporation might take it would still be
known as the Federal Steel company. so
loyal was his devotion to the corporation
of the west whose management taught
him, as he believed the economic necessi-
ty or opportunities for the development
of the iron and steel manufactures on
lines suggested by the marvellous develop
ment of electrical inventions and the Won
der working revelations of the men of nat
ural science.
When Great Minds Meet
One man might sift, systematic and
perfect plans of this kind providing he
was in cooperation mentally and intel
lectually with other great minds. This CO.
operation was made possible when Charles
NJ Schwab intimated to Judge Gary that
the Carnegie company could be bought
and that it was to the best interest of the
steel and iron industry in the United
States that this opportunity be accepted.
Mr.. Schwab was "A practical manufactures
of steel and iron products who even in his
early manhood had gained world wide rec
ognition. Judge Gary was an executive
constructive force whose mind had been
trained by the thorough discipline and pa
tient study of the principles and practices
of the law.
There was another factor. namely, the
economic that represented by science.
For invention, especially in the fields of
electric energy ami the capture of some
of the mysteries Of nature by competent
men of chemical and physical science, had
vastly changed the economic basis OF the
manufacture Of steel and iron. The dis