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Show CAENEGD25, STEEL, AND TARIFF. As the air elear3 in the tariff hearings, hear-ings, ii is becoming moro aud more apparent that tho personal equatiou has much to do with tho views expressed. ex-pressed. Mr. Carnegie, for instance, in his celebrated articlo in the Century Magazino on the tariff, declared unequivocally un-equivocally and emphatically that tho steel industry in this country needed no protection, that stoel is manufactured I here cheaper thau anywhere elso in the world, and in greater quantity than i.-t ! mado in 3113' other three natious. Mr. Carnegie- being a life-long stool mau, thoroughly familiar with the mauufac-(uro mauufac-(uro of steel in all its details, it was supposed that, ho knew what ho was talking about, and that the views he gavo were common scuse, non-partisan, expert economic conclusions arrived at by a. man of loug experience aud much thought. It. appears, however, that Mr. Carnegie Car-negie in giving those opinions spoke ouo word ou tho facts to about a dozen for his vindictive hatred of Mr. Frick. his old partner in tho steel business. Judge Gary, iu his testimony before the "Ways aud Means Conimitteo on December ISth, stated that the United States Steel Corporation can tako care of itself without any tariff, but that all the other steel plants iu tho country would bo ruined by the abolition of tho tariff on steel; it would wipo out. tho Frick and other stoel companies,-and would put out of business all of tho steel plants in tho United Slates, except the great combination known as tho United Stales Steel Corporation. Thus would Mr. Caruegio's hatred be mado to work out his complcto revenge, and the United States Steel Corporation, five per ce.ut j bonds of which he owns lo the amount of :00,000,000, would bo left in complcto com-plcto monopoly of the steel production of tho United States. It is manifest that this situation compels com-pels a. revision of opinions that may havo been formed by reason of Mr. Carnegie's magazine article. Mr. Carnegie, Car-negie, it now appears, was speaking against tho tariff on steel iu order fo injure his old partner, Mr. Frick, and to build up into a complete monopoly the company of which ho holds .."00,-000,000 .."00,-000,000 in bonds. Mr. Carnegie, therefore, there-fore, spoko from his own interests and hatreds, and hot as a public adviser, or from any public spirit or as an economic export. His article, therefore, and his opinions, aro absolutely worthless worth-less and must bo so considered by the countr3. It is noteworthy, also, that wheu Mr. Carnegie appeared before tho Ways and Means Conimitteo ho avoided giving explicit answers to questions propounded, and iho conimitteo could make nothing of valuo out of his testimony. testi-mony. He joked, told stories, evaded the points, and was in thorough good humor with himself throughout the hours of his so-called testimony before 1 the committee, but he gavo to it uo ! information, and helped in uo w'hit in its search after facts aud details. When it comes to a question of tak-ing tak-ing off the tariff on stoel, therefore, it ' is not a thing lo bo decided from Mr. 1 Carnogio's personal advantages or from I tbo interests of the Uuitod States Steel Corporation alouo. But in view of the ' fact that the competition of tho United States under the tariff-protected plants which have made such a tremendous : business in this country has reduced tho prico of sleol from upwards of one hundred dollars a iou to about oue fifth of that old price, and iu view of tho further fact that economic wisdom requires that, there shall bo competition . in manufacture iu ordor lo keep prices at anything like a satisfactory point, ', tho Ways and Means Conimitteo will think moro thau twice about it before I forming tho new tariff schedules upon Mr. Carnegie 'a promulgations. I |