The L'Anse sentinel., 1915-06-12
u. S. STEEL VICTOR
FEDERAL COURT AT TRENTON, N.
J.. RULES CORPORATION
NEED NOT DISSOLVE.
SUIT FILED FOUR YEARS AGO
Two Opinions Are Filed by Judges
Volume Of Business Done Held by
Tribunal to Be No Test Of What
Constitutes an illegal Pool.

tHpunal 20 % NO TEST OF Wnat
Constitutes an illegal Pool.
Trenton, N. J., June 6.-The deci-
sion in the United States Steel cor
poration suit fled In the United States
district court here on Thursday holds
that the corporation should not be dis
solved. The principal points in the
decision are:
1t refuses to issue any Injunction.
1t holds the foreign trade Of the
Steel corporation is not violation Of
the Sherman law.
1t holds certain price fixing agree
ments which followed the Gary din
ners. but which stopped before the
bill was fled. to have been unlawful.
1t allows the government to move
to retain Jurisdiction OF the bill II
such price fixing practices are re-
newed. but suggests matters may now
be controlled by the new trade COM
mission.
The suit against the United States
Steel corporation was fled October 26.
1911, during the Taft administration
and was started by George w. Wicker
sham, who was attorney-general.
The opinions. two In number. are
largely discussion of whether the
steel corporation monopolized the
steel trade or dealt unfairly with COM
petitors or purchasers.
a
Sherman antitrust law. is one largely
of business facts" says the opinion.
1t declares all the trust cases so
far determined settled down to this.
that only such combinations are with
In the Sherman act as by reason of
the intent OF those forming them or
the inherent nature of their contem.
plated act wrong the public by unduly
restricting competition or unduly OBJ.
structing the course Of trade.
The test of monopoly. the opinion
says. is not the size of that which
is acquired but the trade power OF
that which is not acquired.
With the completion of the Erie
canal, Lake Superior ores can be
brought cheaper to New York harbor
than to Pittsburgh. This means, the
opinion says, blast furnaces on New
York harbor waters. On the basis oi
the actual iron units In ore, Cuban
ores can be delivered in Philadelphia
at one-half the cost of Lake Superior.
Facts and figures show that there
is no possibility Of Lake Superior
ore monopoly.
The Cambria Steel company presi
dent. the opinion said, showed that the
United States Steel could put it out Of
business.
James r. Garfield, former secretary
of commerce. according to the opinion
showed the Steel corporation got nc
freight rebates.
There were two opinions filed In
the case. Judge Burlington wrote the
opinion which was concurred in by
the other three judges. Judge Wool
ley also wrote an opinion coincidine
with the views of Judge Burlington
and this latter opinion was concurred
in by Judge Hunt, now sitting in the
United States court in New York city
Other points In the decision are:
| THE field of business enterprise ir
the steel business Is as open to ant
being as fully filed by the competitor
Of the Steel corporation as it is BY
that company. :
No testimony has been produced II
this record that return to the OLE
trade war system of ruinous competi
tion would, as q matter of fact, bene
At the public interests.
In taking up this question we dis
miss once and for all the question o
mere volume or bigness of business
The question before US is not hov
much business was done or how larg,
the company that did It; the vita
question II, how was the business
whether big or little, done: was II
in the test of the supreme court. dom
by prejudicing the public interests, b,
unduly restricting or unduly obstruct
ing tradef The question 10 one Of un
due restriction or obstruction and no
Of undue volume of trade.
IT mere size were the test o
monopoly and trade restraint, we hav
not one, but half dozen unlawfu
monopolies in the large department
stores Of single city.
"A study Of these proofs satisfie
us that the United States Steel corpol
alton could not have been formed M
less the minds Of two men had unite
in common purpose. These two me
were J. Pierpont Morgan and Andre,
Carnegie"
/ Undoubtedly 1t will be appealed
the Supreme court Of the Unite
| states, because the government woul
be unwilling to leave such question
as were raised unsettled except by th
HIGHEST court In the land.
i French Lose elk AeropIanss.
Copenhagen, June 4.--According :
Berlin dispatches. Of the eighties