The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-06-23
.GOethaIS and Denmdn
sill SCrapping, With
Wilson for The Gendrd|

WASHlNt:TnN. Jun" -..-Thc con
tcsl between Chairman Ia nnran. az TUG
shipping board. IN" HHi"r tentIT. ~
t;oclhalS n,naS..r "l lhc ooara >
emergency ,l:,t ',urp ration. tor author
Ity TO .N.,rctS,, powers granted pE con
gross in prov iulnI m.rchani zee
will be settled Dy rr.lHHht liS"1
giving C;"n.'ral GucthalS !hr tuthp'I!
with directions that hr build AL tue
ships possible. both steel ALL wooden
General ,iocthai:; i'll b.: aGth"rized "
commander immediately all shipping
now building. speed up rs constructor,
and spend inr nn.run.urn APPROPRIATED
by congress tor Shlpbuii,lns. Chairman
Dcnman will Ir'arn powers necessary
Tor operating and Chart"rInS SHIPS ana
as president Oi The llcrt corporation
will continue - pass finally on con-
tracts Tor GonStrI:uon-
The powers granted u tho President
to commandecr steel supplies probably
will not BE- delegated to anyone for thu
present. Tho SoNcrnn"nt. 1t Is Salu.
hopes To arrive ii, some anscncnt as
to steel prices. which VIII WaSc II I'LL
necessary I" conimand"er.
The dispute OVER prices Ia ne paiu tor
steel took Il new turn t"d.-y when
Chairman pcnuian asked tn" lcuerd'
trade commission t. investigate we
costs nj steel manufacture with 4 ri"w
to arriving AT 4 far price. and General
t,octhalS rc0ueS;rG the steel commi tee
OF the council ~ national DEFENSE :"
take the matter up. Or. Dennlan mas
baked at paying mere than Sob totI
for steel and refused to sign contracts
made By General t;uethats calling tur
steel IL sos.
The question Of price was gone over
=. by General G;ncthaiS today with mem.
hers of the Str..l COMMITTEES. most Ot
whom are steel manufacturers and
authorities on the product.
WASHINGTON. June THE fed
,fs,et rr.tlI h., nc ,Fl
soon by President Brown Ut the emer-
gency tlcet corporation TO tN a uniform
price for steel and steel products Tor
all industries throu ghout the country.
The commission will he asked 10 NIX
a fair price which will afford the pro-
ducers FAIR profit. not only on steel.
but pix iron. iron orc and every other
material entering INFO the manufacture
Of steel.
The method OF procedure will be for
the commission 10 suggest to all Iron
and steel manufacturers and ore pro-
ducerS that they unite and name a price
themselves. subject to the commission $
approval. Should they decline to adopt
yhis course the government has power
to comma deer the plants.
with the government obtaining Its
steel for the proposed fert Of ocean
Sotnx vessels al o comparatively 10"
price. it IL feared that unless some re-
.trictive action be taken. the price OF
steel and iron to other industries Will
attain unheard or levels ~ttnln snort
time.
That. II il pointed nit. may be
brought about by the natural Law OF
supply and denand. as the governments
requirements when filled would leave An
inadequate supply for other industries.
The plan has been brought informally
to the attention Of the commission and
Of the iron and steel producers and the
commission is in q position to act upon
the request within n comparatively
short time.
The present program calls for the FIX
ing Of prices Of all grades and kinds OF
steel and iron Including structural steel.
steel plates steel rails and pig iron. both
foundry and basic.
It Is pointed out that iron and steel
for use in the manufacture OF harvesters
and other agricultural implements is
necessary for the national defense To a
decree secondary only 70 the need for
steel in constructing the proposed mer-
chant fleet.
The commission also might find II
necessary 10 nx the price of manga
nese, limestone and n,her clements en-
tarinx into the manufacture Of pig iron
which in turn enter into the manufac-
ture Of steel.
Mr.. Dennlan has definite ideas M to
thA price TO b. set on all the various
materials. but declined today to state in
detail what his Views were.