OCR Text |
Show INQUIRY AS TO STEEL TRUST. Secretary of Commerce Instructed to Investigate Iron Industry. WASHINGTON, Jnn. 2j. The Houso Committeo Com-mitteo on Judiciary today authorized n favornblo report on tho resolution Introduced by Mr. Little (Ark ). directing tho Secretary of Commerco and Labor to Investigate the Iron and steel industry In tho United States. It provides thnt ho Bhall ascertain to what oxtont tho United States Steel corporation and Its conntltuent companies control tho output out-put mid prices of the commodities named, also to what extent It controls tho prlcos and output out-put of Independent companion, whother It soils Its products cheaper abroad than to the do-mi'Htlo do-mi'Htlo trade, and whether conditions In tho Industry rosull from nny contract, combination combina-tion or agreement In the nature of a trust or conxplrucy In restraint of commorco In tho Slated and with foreign countries. Tho resolution was amended so as to ro-qulro ro-qulro the result of the Investigation to bo reiwrled "according to law" lnstcnd of to the Fifty-ninth Congress. |