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Show SUCCESS OF :' CARiMEGIE Accomplished by PartnershipDay Part-nershipDay of Competition Com-petition Has Passed Washington, Jan. li. Andrew Carnegie Car-negie continuing his testimony before be-fore the house steel trust committco today declared that the day of competition com-petition had passed because of tho ability of manufacturers to fix and maintain prices. "Men," he said have been ablo to sit down and agree to fix prices and maintain thorn' "Do you believe that the situation today destroys competition?" he was' asked, "Certainly." "That men in theBo corporations meet somewhere today to fix and maintain prices?" "I think that is dbvious." Mr. Carnegie was asked If ho agreed today to views he expressed two years ago, urging government control of corporations and regulation of prices. "I still adhere to them," ho answered. answer-ed. "UI believe the government 6hould regulate maximum prices." "Don't ou think It an unfortunate condition?" "I think the time has arrived when that Is necessary and I point to tho Interstate commerce commission which has brought order, peace and justice out of chaos in the railroad business." Washington, Jan. 11. Andrew Carnegie Car-negie again today was a witness be-foro be-foro the houso Steel Trust investigating investiga-ting committee. The ironmaster was In a happy frame of mind when he Reached the committee room and, aB on yesterday he proved an attraction, attrac-tion, drawing a large audience. Representative Beall of Texas began be-gan questioning Mr. Carnegie. "You were connected with the iron and steel business altogether for about forty years, were you not?" ho asked. "Yes, sir." v ''You found it at the beginning a small business?" "Yes, very small." "and you left It a business dominating domina-ting the business of the world?" "Yes, in steol." "In tho early years you found the business disintegrated?" "Yes." "And you left a business greatly improved, greatly extended, with all its attributes, the ore, the transportation, transporta-tion, the coal and other facilities assembled as-sembled and practically dominated by one great corporation?" "Admirably stated," said Mr. Carnegie. Car-negie. "Has thoro been tho same grade of progress In the steel business since the United States Steel Corporation got hold of the Industry " "I don't believe that any corporation corpora-tion can manage a business like a partnership. When e were partners, part-ners, I felt that we could run around corporations. You take thirty-five young men Interested in watching even a leak in a spigot and no corporation cor-poration can compete with such an organization In any business. "George Perkins came to me one day and said: Mr Carnegie, you once told me about your partnership organization or-ganization and I thought it was foolish fool-ish Now I know you were right" "It is the same thing with the man who owns the land and tills Take Iowa for Instance. When a young man, I wont to Iowa on a holidny Thore I saw those beautiful farms, those homos of a triumphant democracy. de-mocracy. Thoso young men owned their lands and their homes. Great Caesar! What can a bis farming corporation cor-poration do against such a condition as that? "The man who owns the land is man, tho equal of any other man in a triumphant democracy. Why, I have loved Iowa evor since I saw that picture." |