Salt Lake Herald-Republican | 1913-01-25 | Page 7 | Says Garyy Knew All About Pools

SAYS KNEW GARY I All ABOUT POOlS Steel Trust Chairman's Statement Statement State State- ment Flatly Contradicted b by Y President Ex Corey CotY e t M M M 4 New cw York Jan 21 J Elbert Elbert II Gar Gary Gan- chairman of the thc United f States Slates Stet Steel corporation issued Issue 4 f 4 the follows following g statement this afternoon afternoon afternoon aft- aft J f 4 There Thero is no foundation whatever what- what f 4 ever er for the the published statement that the United Stat States s Steel cor cor- Is going goinS' to see seek volun- volun 4 i- tar tary dissolution and that it Jt will 4 apply I to tho the supreme court for tor- di- di 4 how to go bO about it The 44 4 question 4 has not been up for tor consideration const con- con 44 4 4 st before the tho board of ot directors dl- dl 44 4 4 rectors the finance committee orthe or orf f 4 the officers of or the corporation M 44 t M M M I t H 4 t New York Jan 24 Tho 4 The Tho participation of subsidiaries of ot the United States Steel corporation in pools organized for tor forthe forthe I the tho purpose of or fling fixing prices was prices Was known n to o Elbert H H. Gary chairman of ot the corporation long before he gave o orders that the pools should ho bo abolished abolished abol abol- accor according ln to William E. E Corey former president of or lh the the- corporation on cross examination in in the government Jo suit to dissolve o the tho combination under the thc Sherman antitrust l law I Corey admitted his resignation as president of or tho the corporation In In 1910 1910 was tho sequel of ot a dispute between himself himself himself him him- self an and Judge Gar Gary as 8 to who was in supreme authority an and that the tho finance committee of or tho time corporation had hall upheld up up- held Jud Judge o Gary This testimony gave gae direct contradiction to that of or Chairman Chairman Chairman Chair Chair- man Gary before th the Stanley Stanle Investigating Investigating gating committee Judge Gar Gary declared that with the exception of the the rail combination which he said did not 1 fix prices he lie had hall had no knowledge of or tho the existence of or pools and ancl had tad ordered them abolished as aa eoon soon as thc they ha had been brought blOught to his attention This was as In inthe tho the latter part of or J. l. Mr rr Core Corey swore that t Jud Judge e eGar Gary Gar knew know about all aU the tho pools all tho the time because ho attended some o of tho the meetings You left tho the steel corporation with somo some ill HI feeling toward towar Judge Gary Gan didn't you you ou asked Mr S Severance crance We Ye were ero not always H in accord but hut butI I r dont don't think it way was ill III feeling replied the witness