davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1915-06-04
Officials and Directors of United States Steel Cor poration Greatly Pleased With Victory
DECISION APPROVES GENERAL POLICY OF
 STEEL CORPORATION
United States Steel Leaps Upward On Stock Market As Result of Decision. Features Exchange.

New York, June 3.-Chairman El- bert H. Gary and other officials and directors of the United States Steel corporation made no effort to conceal their qualification at the outcome of
 the case. Judge Gary made only brief comment on the decision, saying that he would have to weigh it from every angle before speaking at length. He said:
 aT am very much gratified by in-
 nation from Trenton that the cir-
 cult court of appeals. composed of
 Judges Huntingdon, McPherson, Wool
 ley and Hunt, have unanimously de-
 cided the government case against the
 united states Steel corporation in fn- vor of the defendants. I feel that this
 decision approves the general policy
 of the Steel corporation. It should have . great and good effect upon business conditions throughout this country For several weeks there had been a 
 growing belief in financial and indus trial circles that the federal court would absolve the Steel corporation from the more serious charges made by the government
 This belief was mainly based upon the change of attitude shown by the higher courts in similar cases Nevertheless. 1t may be stated that the Steel corpora tion executives had made all necessary preparations to meet almost any decree of the court, whose sweeping decision, however, exceeded their most sanguine Expectations.
 Lawyers representing the corporation were reticent, but 1t was intmated that they expect the government to appeal | from todays decision.
 United States Steel was the feature of todays stock market, the common | shares selling up to 59la. gain of 4 X points, on sales approximating 100000 I shares or more than 25 per cent of the ] active days total business. After ths decision became known, private bids oi 62 were made for the stock, probably 1 by some of the short interests.
The Birmingham age-herald., 1915-06-04

RI EW YORK, June 3.-The decision A V of the federal court at Trenton this afternoon in favor of the Steel corpora tion and declaring that it shall not be dis solved meets with the most enthusiastic reception in the business world
 It means a stimulus to the industrial world
 To the Birmingham district it means an impetus to business which will be felt the Tennessee company's plants, new fin shed product plants of several kinds and the expenditure of millions of dollars in improvements.
 have just had talk with Judge Gary, who is as pleased with the decision as
The Birmingham age-herald., 1915-06-04
STATES REAL
 MONOPOLY TEST

In another part of the opinion the court states that ''the real test of monopoly Is not the size of that which is acquired. but the trade power of that which is not &C., quired."
 eff mere size were the test of monopoly and trade restraint the count said further on, we have not one. but half a dozen unlawful monopolies In che large department stores of a single city"
 The court found nothing wrong in the Steel corporation acquiring the Tennes- see Coal, Iron and Railroad company dur ing the financial panic of 1907, and thus virtually approves the attitude cf the Roosevelt administration in not interfer- ing with that deal. On this point the court held that the output of the Ten nessee at the time was only 17 per cent of the country's total output; that up to that time 1t had not been a business sue cess; that its principal product, rails, was made at loss; that its ultimate success was doubtful and involved further outs lay of $25 O00.000, and that the purchase of the Tennessee property, as well as of several other steel concerns earlier in the history of tn big corporation. was made in fair business course and was 'the hon. est exertion of ones right to contract for
The Birmingham age-herald., 1915-06-04
GOVERNMENT LOSES SUIT TO DISSOLVEU.S. STEEL CORPORATION
Corporation Not e Monopoly Tn Re- straint' of Trade, Says United States
 District Court In Decision

Trenton N J June 3The United States district court for New Jersey today handed down unanimous decision refusing the petition of the federal dissolve the United States Steel corporation
 As against the government the court refused to dissolve the corporation holding that in acquiring it's foreign and home trade the did violate Sherman antitrust act and refused all the njuncons prayed for by department of justice.
 As the Steel corporation participated of Steel corporation subsequent the yoar unlawful combinations filed its Judges held that there occasion
The Birmingham age-herald., 1915-06-04

est in the suit against the company parent to his organization and he was consequently greatly pleased over the announcement from New. Jersey that the suit had been won by his com pany.
 ''I am, of course gratified," he said, but please say nothing further from me about the decision. You will re- member that the case may be appealed. It may be unfinished'
 MT crawford's reticence at this time more than likely reflects the attitude of all Steel corporation men. They are unaccustomed to making statements without the most serious consideration and 1t may be sometime before any detailed statement is made as to the decision by members of the corpors- tion. On the other hand it may be that, some indication of future expan- sion will be given much sooner than is expected.
 for the great elation in this district ever the decision. It means big things. and that belief is based upon statements oi Judge Gary and President Farrell about Birmingham within the past few months. They. both said that Birmingham should have finishing plants to make here the city that can be created by utilizing the products here. They were of the opinion while in Birmingham at the jng.ituts meeting that to make any statement until the suit was decided would be unhecom. ing and therefore declined to go into any details
 Considerable Expenditures
 The Steel corporation officials ntve fell reasonably certain of the ultimate sue cess of the suit. it is believed. Despite the litigation the company has made con siderable expenditures in this district e,nc, 1911 and very recently authorized the con struction of benzol plant and a fertiii ger plant. It is reasonably certain tha within the near future, with improved conditions great things will be done In this district there are at this tiir' nearly 5000 men that signed a petition to the department of justice Go dismiss thls case and thereby encourage the Stee corporation toward further activities. hi petition. which was in charge or Solol | Jacobs was sent to Congress and to tn, department of justice. The petition com ing from the city most vitaiiy concerned
 lcentinssA ss Page TwsI
The Birmingham age-herald., 1915-06-04
PRESIDENT DRAFTS
 BRIEF AND POINTED
 NOTE ID GERMANY

Washington, June 2.-President Wil- son today drafted . note, brief and pointed, to be sent to Germany asking . definite questiOn-whether the im- perial government Intends to be guided In the future by the humane principles embodied in international law for the conduct of maritime warfare. 1t will be submitted to the cabinet tomorrow and dispatched soon thereafter, he fore the weekend.
 Coincidentally there will start for Ber- lin | personal emssary of Count Bern- storff, the German ambassador. to lay before Emperor William and high off cials of the German government. the sub- stance of what the ambassador learned from President Wilson in his talk yes- terday. the true state of public opinion in the United States toward the Ger man government and the American point of view on submarine warfare. The am- bassador in his interview with the Pres ident. it became known today, said he would send within day or two man of judgment and breadth to personally
 lCentinued en Page Ninel
The Birmingham age-herald., 1915-06-04
SUBMARINE SINKS
 GERMAN TRANSPORT
British Undersea Fighter In Panderma Bay Tor pedoes Vessel and Escapes Ship Believed
 to Be Either the General or the Corcovada

i, in Panderma bay is believed to have been either the steamer General. of 4500 tons. formely of the German East African company. of the Corcovada cf 1900 tons. which was owned by tho Hamburg American Steamship line.
 The General fled to constantinopie at the same time as did the German cruis- CTS Goeben and Breslau. The Corcovada was used by the Hamburg American line to inaugurate passenger service between the United States and Turkey last year She was in the Black sea when the war started and took refuge in the Bosphorus. later being trans- ferred to the Turkish naG.
The Birmingham age-herald., 1915-06-04
TODAY'S AGE-HERALD

1-Birmingham will blossom as result of
 decision
 Steel corporation wins dissolution
 suit.
 Fall of Przemysl confirmed by Rus
 sians.
 General business conditions improved 1IIistory of United States Steel cor
 poration suit. &Double tragedy in Mississippi. 4-Editorial comment. 5-Birmingham delighted with decision Visiting greeters to be entertained. Bowron speaks to real estate men. 6-Society. r. Leaders really in agreement on busi'
 ness in sight. S-Sports. 9-High school graduates receive di plomas. f1--Markets l2-Lloyd-G pleads for more muni'
 tinns
The Birmingham age-herald., 1915-06-04

London, June 3.-t3,I4 p. m.)-A British submari rine operating i'm the Sen of MarnNra torpedoed a large German transport In Paderma bay yesterday morning.
 This announcement was given out officially in London today ss having been received from the vice admiral in command at the Dardanelies. It Ia said also that this submarine was one of several operating in these waters. The large German transport officially reported sunk by a British sumbarins
The Birmingham age-herald., 1915-06-04

The opinion of the court suggests that such practices lie within the province of the new federal trade commission, but adds that if their repetition Is appre- hended the court will on motion of the government retain jurisdiction of the case for that particular purpose.
 A synopsis of the decision of the senior judge, George Burlington, prepared by li- rection of the court, states that the key note of the entire opinion is that this case, proceeding under the Sherman antitrust law, is largely one of business facts''
The Birmingham age-herald., 1915-06-04
HOPED FOR RUSSIAN COUNTER OFFENSIVE
 PROVES ILL FOUNDED
Both Sides Have Lost Heav-
 fly, But German Drive
 Proves Too Effective for Defenders
Bombard Grown
 Prince Headquarters

Paris. June 3.-00:30 D. m.) The headquarters of the German Grown Prince were bombarded this morning by French aviators. Twenty-nine machines dropped ITS shells and several thousand darts. Many of the shells are said to have reached the mark.
 This announcement was made in the official statement issued by the war office tonight.
The Birmingham age-herald., 1915-06-04

ed in a victory for the Steel corporate
 As owners of the Tennessee Coal, Iron and Railroad company and as be- lievers in this district and it's fuutuic, there could have happened at this time nothing of greater. business value than the unanimous decision of the New Jer- sey court yesterday which declared that the Steel corporation was not guilty of the astonishing allegations of the department of justice as constituted under the administration of Attorney General Wickersham.
 The decision means that the Steel corporation will not hesitate any long, CT to carry out those plans for the utilization of unfinished products here about which the officers have been un- certain since the fling~of the suit.
 It is recalled here with vivid details what Judge Gary and President Far reil said formally and otherwise dur ing the meeting of the Steel and Iron institute. The two highest officials of the corporation made 1t plain in one
 
 was settled it was unwise to disclose any plans for betterments here or else- : where on that scale which would ex- cite nationwide interest.
 However, the intimation of the off cials was plain that if the Steel cor poration won and was assured reason ably against such further legal moles- tation the final ambition of the otfi- | cers to perform great works here would start toward realization.
 May Build More Plants
 1 It has long been known In well in- l formed circles that President George G. Crawford of the Tennessee Coal Ircn and Railroad company, whose un- selfish interest here is stupendous. has ambitions in many directions to Iuild additional plants here. He knows the finishing mill value as few men in this country and with the backing of the corporation he will be in position tt perform monumental services for hii company and this community. Mir Crawford has had an absorbing inter.
The Birmingham age-herald., 1915-06-04
Maneuver Plans Complete

Newport, R. l., June 3.-Plans virtually have been completed for a series of strategical maneuvers by the Atlantic fleet in this vicinity beginning July 10. it was learned tonight. Most of the bat tleships and other vessels in the recent war game are expected to take part.
The Birmingham age-herald., 1915-06-04
DECISION IS OF GREAT
 IMPORTANCE HERE
Birmingham Commercial and Indus.
 lridl Circles Rejoice ODer Victory
E. H. GARY
@The Steel corporation winsl''

wins' electrified Bmnghams commercial history this city. the value to this In almost yelled with when
  .;a4as.z -Stool.o ration
The Birmingham age-herald., 1915-06-04

June 4, 3:25 a. m.)-The loss by the
 Russians of Przemysl is admitted in
 an official communication issued to-
 night.
 London, June a.--t9,55 D. mo--vith
 the capture of PrzemysI, accomplished
 today, the Austro-Germsn armies
 achieved the main object of the grent
 thrust they commenced ngainst tue
 uussinns in western Galicin n month
 ago today.
 They have yet to drive the Russians farther back and establish themselves
 in easily defended positions which will enable them to detach forces for oper-
 the west.
 Whether or not they accomplish this.
 the Teutonc allies have won a great victory and with suddenness whicn overshadows all past operations of War. It was only 10 weeks ago that Przeniysl | fell to the Russians after six months 1 investment which was interrupted for | t 1 trian advance.
 Great Drive Begins | With the surrender of the fortress. there fell into the Russian hands, ac-
 cording to official reports 10000 Aus 1 trians and 600 guns and an immense amount of war material Most of the forts, however had been destroyed by
 the Austriaus and this Is considered In military circles here to account for the fact that the fortress succunIbcd
 so quickly to the Austro-German att tack
 When the Russians captured przemysl they were pressing the Aus trians across the Carpathian passes Then on May came the news of n great Austro- German drive into Ga | licia. Advancing slowly but surely and tContinued on Page Ninep
The Birmingham age-herald., 1915-06-04
Cotton Mills Destroyed

Worth, N. C., June 3.--The cotton mill of the Hardin Manufacturing company was destroyed by fire here early today with loss estimated at $275.000.
The Birmingham age-herald., 1915-06-04
Federal Reserve Investiga- tors Report On Com mercial and Industrial Situation
SIXTH DISTRICT
 CONDITIONS ARE
 GENERALLY" GOOD
Outlook Brighter Than At Any Time Since War Be- gan-Cotton Acreage Is Decreased

Washington, June 3.-Generni busi- ness and banking conditions through out the country as observed by federal reserve agents of the 12 regional banks are set forth in the monthly bull letin of the federal reserve board, is- sucd today. Improvement was report cd by most of the agents. others noted that the demand from Europe for wnr supplies was keeping many industries busy.
 The Richmond agent reported very lit- tie change in general business conditions during May
 Hope for the future.'' he added. mas been increased in the presence of timely rains and tht knowledge that the close of the planting season shows that there is material diversif1cation. especially In sections heretofore almost entirely given over to cotton. The recent softenng in the price of this staple has somewhat checked liquidation, which, however, had proceeded far enough to be of great help not only to the debtors themselves. but to their creditors. jobbers and merehaDts
 Atlanta reported conditions generally good"
 "rhe outlook is brighter than 1t any time since the European war began said the agent. Agricultural conditions ap- pear exceedingly bright, but with d de- creased cotton acreage and quite a reduo : ton in the use of fertilizers. seasonabie weather is now prevailing following an unusually dry spring.
 Lighter Money Demand
 A lighter demand for money was re- ported by the Dallas agent. There Is it. tie evidence of the pressure which existed last fall." he said. Wheat and oa's soon will be coming into the market srd the agricultural promise Is good. Higher prices for cotton and sales of cattle, horses and mules have brought largo credits"
 There Is a general feeling of optimism in all lines of business in this district, said the Boston report, and a slight im- provement in most lines.
 The New Yovk agent reported d fed,io- ton of unemployment and said:
 "The manufacture of war supplies con- tinues above capacity and Is extending to plants normally otherwise ensaseu' tnus partly offsetting slack domestic trade.
 The Philadelphia agent reported that war orders and their influence were help ing many industries. "On the whole, in this district business however. Is hesi- tating and concerned over the outlook, said the agent
 Improvement of conditions in district No. f." said the Cleveland report, "as re- ,, ported in April, is being held. but no ad- dtional advance is noted" Chicago reported improvement in gen (Continued on Page Nine)
The Birmingham age-herald., 1915-06-04

ones benefit unaccompanied by wrong full motive to injure others
 With regard to Andrew Carnegie, whom the government charged was party to the unlawful combination" the court found no proof that he accepted any other relation in the formation of the Steel cor poration than that of seller of his stocks and bonds and the court declared 10 be true MT. Carnegies statement that ne dis posed of his interests in a desire to retire from the hazards and responsibility of active business.
 Four judges, Burlington, McPherson, Hunt and Wooley, sat in this case
The Birmingham age-herald., 1915-06-04
MAY APPEAL TO
 SUPREME COURT

While the suit was filed fin the district court it was heard on a writ of oxpedi- tion by the judges of the Third judicial circuit, who form the court of appeals. The next step will be the filing Of a for nal decree and the government then prob ably will take an appeal to the supreme court of the United States.
 Judge Burlington wrote the principal opinion and Judge Wolley a con1ufring opinion, in which Judge Hunt coi,curred. The court stated that all the members were in agreement as to the decree, al- though not in, complete accord concern- ing every step by which that result is reached.
 The opinion of Judge Burlington was filed here and abstracts were given out here and in the United States court in Philadelphia, where the case was tried.
 The suit, instituted by the Taft admin istration, was prosecuted for the govern ment by Jacob M. Dickinson former Sec rotary of War, as chief counsel.
 The opinion of Judge Burlington is dis cussion of the business of the Steel cor poration, covering the 10 years of its existence up to the time the suit was filed, the acquisition of it's home and for eign trade and the proofs as to whether 1t had restrained or suppressed competi- ton or been guilty of acts such as to warrant its dissolution. In discussing the
 (Continued on Page TwoD
The Birmingham age-herald., 1915-06-04

PetrOgrad, June 3.-(Via London. June 4, 3:25 a. m.)-The loss by the Russians of Przemysl is admitted in an official communication issued to- night.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-06-20
SOCIETY
TEE.EpHON7lss
Ofyice--sfadison 1883.
Residence.---M o aissn
s7zi.
asl-,sl,l 80 .ss.Aua.l.sse-s-
K. RICHARDSON.
socsesy Esnsor.

Each during the
and romn
in there "noboy Informal
be
son.wn1be by
springs andwa
OF Charot
which marked tins
cdent to o V NJ
the Junelrd o
he
Va fort Inaar con
place at0 O
rceandbr ana affair Miller : Richmond
deal of Mr. Tinsey
the city both Virginia and
SouthCa ol
Mary o
and Mr. and Mrs H.
County,
Dnyt and will
the chwiIr olowedb Il O'Clock
o
a
the
Walker Smith will be the
hes man smalr reception
veoar1en
in Many
fo will be social
nothw
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-06-20

McEvoy rendered Mendelsohn's We'd
ding March, and played Shubert's
"Sesenade" and "A Perfect Day. dur
ing the ceremony.
The bride, wearing white crepe me-
teor, trimmed in duchess, lace and
a tulle veil, and carrying a shower
bouquet of Brides roses and lilies
of the valley. was given away by her
brother, Mr.. Frank M Overmann
The maid of honor. Miss Katherine
Overmann, sister of the bride. was
gowned In cream lace and carried an
armful of Killarney roses.
Mr.. Richard Zacharias, brother of the
groom. acted as best man and the
ushers Included Mr.. Wyatt Atkinson
Mr.. Frank Boehling, Mr.. Frank Helix
er, Mr.. Joseph Meyers and brothers to
the bride Mr.. Fred Overmann and Mr.
Joseph Overmann.
Following a reception at the home
of the bride, Mr. and Mrs. Zacharias
left for an extended trip to Northern
cities and upon their return will re-
side in Roland Park.
Conservatory Music commencement
The Richmond Conservatory of Mu-
sic, of which MIR. +. e. Cosby Is direc-
tor. will hold its annual commence
ment exercises in the auditorium OF
the JOnn MarSndii ftiBn cGiOoi On the
evening of June % and 20. at $3.50
o'clock. Varied and attractive PRO-
grams has been arranged for each
night including "a Roman play. and
some scenes from Macbeth" This
will be an innovation to the programs
of former years. and a large auiience
will Ali the auditorium on both even
ings. No cards have been issued and
the public is invited to attend.
Invitations Issued
Mr.. and Mrs, KimbrouSh have is
sued invitations to the marriage Of
their daughter, Frances, to DR.. Charles
I. Bradshaw, Of Falmouth. The we'd
ding, which is TO be q quiet affair,
will take place in the brides home In
West Grace Street, on Tuesday morn
ing, at IL O'Clock.
Moonlight Excursion.
A charming outing OF this week will
be the moonlight excursion TO Dutch
Gap, given on Tuesday evening by st.
Johns Circle of Kings Daughters for
the benefit of the Sheiterings Arms
Free Hospital The steamer Pocahon-
tas will leave the Old Dominion wharf
at $3.50 o'clock and there will be music
and eancing. and refreshments VIII
be SOLD on, board s..
.Idg0T--fSasi<cryAli
The wedding OF Miss Virginia Bas
kerulle. daughter Of Ar. and Mr.