IS DiRECTOR oi Of TRUST musi New cw York May 25 J. J J P P. Morgan an jr jr was elected today to fill the vacancy upon the time board of ot directors of the tho United States Steel corporation made mado vacant by tho time death of ot II n H II Rogers Rogal's This is another important step toward substitution of tho the younger Morgan for tor his father In the time world of or finance It Is also considered significant that thata a Morgan should succeed a Standard Oil man Morgan Interests have been In nominal nomInal nominal nom nom- inal control of ot tho the trust since Its organization organisation or or- although for tor a tow few months mouths when tho time stock broke to 10 a share the trust was understood to bo owned chiefly b by tho the Rockefellers It de developed do- do were that their theli purchases Iam speculative and as they liquidated tinted dated upon the advance Morgan brokers brokers brok brok- ers era purchased control of the company which for or several years ears had been In Morgans Morgan's hands bands Tho The Ilg aggressive buying of ot tho the last fow few dav s 's s has hos been heen chiefly b by the Morans Morgans Mor Mom gnus gans ans also Torin Today's s s change chango In th the board 1 su suggested s-ested s to Wall all street that Standard Oil had been liquidating steel at tho time record high prices A