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Show SCHWAB SAYS TRUSTS ARE USEFUL AND GOOD. i Paris. Jan. S. I.e Journal prints an in- I" terview this morning with Charles M. Ij Schwab, president of the United States Steel corporation, who defends trusts as a necessary outcome of an advanced I state of civilization. Mr. Schwab says ; that the countries where trusts do not exist are destined to abandon the- strug- I pie for commercial supremacy. He says that the trusts have nothing to fear from socialism, and that the American work- f men are better paid and happier under f the trusts system. When people earn r good wages, he says, their rights do no trouble them. |