| Show T J TI 1 I lOH JH Says the llin U fl A Steel Steal Corporation Is III Isa Isa a 1 Unification or f Interests New York Feb Feli 27 The Times says After having hallI maintained silence on the hc subject of oC the new ne steel combination tion for Cor or many molly weeks J I 1 Morgan while In inn his office saki after he lie had read a Boston loston publication which con tallied nn oil article entitled untitled The U S 8 I Steel St cl Corporation A Unification of oC I t Interests That Is III time the best statement of oC time the situation that has inns yet rt come corna to my lilY notice lint Hat I written It II I could not have stated the sit bettor better Time The article make the following state merit which Is 8 the first authentic ad admission admIssion mission of ot time the questions which brought the tho ho consolidation about Mr 11 Carnegie threatened to duplicate the mills of cf various tankers makers of or finished products because enough raw rn ma material was not being purchased from rom his lila mule mills Time The companion making i ho tine finished products threatened retail atlon Into hun tho the Md with the th i result that a 1 tort sort of oC Industrial chaos was vas as threatening In the tiit steel and Iron ratios ration arid and time the security markets markels of oC this country How Mr fr Morgan Was brought Into Inlo he tine th matter Is stated on as 0 follows Mr tr Carnegie said Sill ho hI h must muni progress or go o out of business Other Interests said they th must do da the tue w me thing Mr 01 J 1 1 P Morgan organ was all n k Ked ll to 10 furnish Home sonic plan PlOD of oC solution With great re me he lIe tonic hold of tine the Ih situation Defore proceeding however howel r Mr My r Mol Mor Morgan gnu gan that t should lo hc o promised him hv by 11 r bank I ank PR and financial Interests t should so much nuch money monsy be b ni noell e od The money was promised mind and Mr Ir Morgan ret Folio to work vork Mr Carnegie Carn lle hat had the lime Ih largest latest ilant and time the strongest position anti and mined his bis terms of oC sale Calc lie lIP however signified lila bis willingness to take lea ra in lieu of oC cash rash anti and negotiations nf very cr rapidly ro a |
