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TONE 9, 1911
The Commoner.
15
nesg was threatened "with several de
moralizing forces when Carnegie's
plan's became known and that Mr.
Morgan and others became alarmed,
fearing that Carnegie would de
moralize both railroad interests and
steel prices.
"This was the situation as de
scribed by Mr. Gates, himself a direc
tor in the Republic Iron and Steel
company, - when Mr. Morgan sent
word to him through James J. Hill
seeking a conference to determine
what could be done. Mr. Gates said
he told Mr. Morgan that Charles M.
Schwab was the 6ne man who could
influence Mr. Carnegie out of that
and then came ah all night con
ference at Mr. Morgan's New YoYk
home, the outcome of which was the
United States Steel corporation.
"John D. Rockefeller's name came
up in the hearing when Mr. Gates
was describing Mr. Carnegie's de
sires to branch out after the organi
zation of the National Tube com
pany. " 'John D. Rockefeller,' he said,
'once started a. steel mill and threat
ened to put us out of buoinoss. That
did not last long.. A deal was made
whereby Rockefeller's steel interests
were bought out at forty cents on the
dollar.'
"Mr. Gates answered with candor
nearly every question put to him by
Representative Stanley, the chair
man and members of the committee,
but stirred them somewhat when he
declined to say what ho thought of
the common stock of the steel cor.
, poration."
whether a new condition cannot be
recreated in harmony with the law.
I have found nothing in the record
which makes mo at all anxious td
perpetuate any new combination
among these companies, which the
court concedes had at all times ex
hibited a conscious wrong doing.' "
Attorney General Wickersham
testified before the house committee
that before he became attorney gen
eral he had acted as coucilor for the
sugar trust and that his share of fees
on,- that trust for that service was
$2,6,000. 1-
. Justice Harlan delivered a dis
senting opinion in the Tobacco trust
case. The Associated Press report
says: "Justice Harlan's dissent cen
tered around two points. First, he
took issue with the court fon send
ing the case back to the lower court.
" 'I have found nothing "in the
record,' he said, 'which makes mo
at all anxious to perpetuate any new
combination among these companies
which the court concedes had at all
times exhibited a conscious wrong
done.' In the second place, he re
iterated the objections he expressed
in the Standard Oil decision of two
weeks ago to the adoption of the
'rule of reason' as a standard for as
certaining what restraints of trade
violate the Sherman anti-trust law.
"These points were made by Jus
tice Harlan in dissenting from the
bench:
" 'I concur with some things said
in the opinion just delivered for the
court, but some observations are
made In the opinion from which I
am compelled to withhold my assent.
" 'I agree with the court in hold
ing that the principal defendant, the
American Tobacco company and its
accessory and subsidiary corporations
and companies, including the defen
dant English corporations, are co
operators in a combination which, 'In
and of itself,' as well as each and
all of the elements -composing it,
whether corporate or individual,
whether considered collectively or
separately, are illegal under the
anti-trust act of 1890 and should be
decreed to be in restraint of inter
state trade and an attempt to "mo
nopolize and a' monopolization of part
of such trade.
"The evidence in the record is, I
think, abundant to enable the court
to render a decree containing all
necessary details that will effectually
suppress the evils of the cprabinatlon
in question. But the court sends the
case back with directions to further
hear the parties so as to ascertain
ELECTED TO CONGRESS
A Council .Bluffs, Iowa, dispatch,
dated June 5, and carried by the
Associated Press, says: "W. R.
Greene, of Audubon, was today
elected congressman in the Ninth
Iowa district to succeed Walter I.
Smith, who recently was given a
Judicial appointment by President
Taft. Practically complete returns
give Greene a majority of 1,192 over
W. S. Cleveland, his democratic op
ponent. Green stands opposed to
reciprocity, while Cleveland was
favorable to the agreement. Al
though Cleveland cut down the ma
jority given Judge Smith at the last
election by 700 votes, the country
vote was strong enough for Greene to
give him a safe majority. Tonight
the democratic leaders declaro farm
ers opposed to reciprocity were re
sponsible for Cleveland's defeat.
MORE THAN ONE
Her Dad "No, sir; I won't hayo.
my daughter tied for Hfo to a stupid
fool."
Her Suitor "Then don't you think
you'd better lot me take her off your
h.ands?" Boston Transcript.
Tins VICTIM
T-
tw
I'm sorry you'vo cot to 'leavS
Eden-ano" eo to work Bimnlv hocAiifltf
,1 gave you tlio rest of that apple," r
.BU1U CUHipijO 1'JVO. V '
"Never mind," anawcrod Adam. :
'Tho ultimate consumer always gets l
the worst of it." Washington Starvi
warranted For Twenty-Five Yeara. k
Mm.
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n..UL.Aw. l1Aik!UlU CDCinUT DAin TifeftUHMCMltfEtatf
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TERMS CASH: We sre you the wholesalers and retailers' profit. Tkeee
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