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Show THE CONGRESSIONAL INQUIRY. Committee to Recommend an Anti-Pin ker-ton ker-ton Hill and Compulsory Arbitration. Pittsburg, July 14. The congressional inquiry into the Homestead trouble was completed today so far as this city is concerned. con-cerned. Today's evidence elicited little that was new. Manager Frick declared the company asked for a reduction of wages because a reduction of the price of blooms, billets and slabs caused the company to lose money on all its outputs. The average aver-age cost in the country of producing steel billets is $146 per ton, exclusive of interest on the investment. He declined to say what the cost was at Homestead. Frick said the McKinley bill had nothing to do with the proposed reduction in waares. The lower prices of the product are the result of overproduction. over-production. It is stated the committee well make a report of the character to help the passage of a compulsory arbitration law and anti-Pinckerton measure both now before congress. At the conclus- ion of todays investigation Chairman Oaks announced that so far as the labor branch of the judiciary was concerned it was concluded but the Pinkertons system will probably be taken up elsewhere. The committee leave for Washington this even-iug even-iug and will submit a report to congress early in the week. |