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Show STEEL TRUST IN COMPROMISE. TOO By International News Service. 'PiTTSBUllC. Jam IS. The United States Steel corporation, according to authentic reports here, will voluntarily segregato its subsidiaries and make unnecessary un-necessary the government prosecution started under Uio Sherman acL This plan is cald to have been discussed this week at a mealing of steel officials in New York city. President Dinkey and Vico President Bono of the Carnegie Steel company have been hi New Toil: all the week. They are the only officials authorized lo speak for the steel corporation in Pittsburg. Pitts-burg. The proposed wage advance was the only feature of tho New York meeting given wldo publicity, although the segregation segre-gation project Is said to have been actually ac-tually the biggest question before the conference. Ii Ih said the recent utterances of Ptvrdent Wilson relallvo to "great combinations' com-binations' anil his Intimation that men In big business must adopt a new code of ethics have made It plain that, tho Democratic president will not bo more lenient toward the trusts liian were Roosevelt and Taft. Cause for Fear. Tho principal cause for fear is said to be that tho government. If It goe3 through with the steel corporation prosecution, prose-cution, will bo more drastic than with tho Standard Oil and tho tobacco trust. In these cases the government simply proved unlawful combinations In restraint of trade. The separation of the companies compa-nies of thes trusts was a formality. Tho belief of the steel corporation directors di-rectors Is said to be that the government govern-ment Intends to do a bettor job of trust busting with the steel corporation and thai 'If this prosecution It; carried through there will be another and moro pronounced method of company separation separa-tion dictated than was enforced Ip the Standard Oil and tobacco cases. It la the reported Intention of the steel corporation officials to come lo a satisfactory understanding with Washington Wash-ington to organize under a plan that mAt'U the government's approval. Weakness of Steel Case. The confessed weakness of the eatro of the steel corporation is wild to bo its ownership of lako Meets for orr curry-ipg curry-ipg and rallroada for transportation between be-tween the lakes mid the manufacturing centers. In this resepct It Is said the aleel trust has an undoubted advantage over .all its compotltors. The rates on ort, from the lakes to tho Pittsburg and Youngstown districts arc said to bo dictated dic-tated by the steel corporation. During the hearings In the government's suits nKalnst the corporation In Pittsburg several sev-eral Independent manufacturers complained com-plained that they wero paying excessive rates on ore from lake porto. Tills rate dlsputo Is before the Interstate commerce commission for adjudication. Tho testimony testi-mony already submitted la satd to have had an Influence in determining the steel trust upon its reported compromise course. |