Ogden Standard-Examiner | 1926-08-15 | Page 11 | European Steel Trust Underway

u EUROPEAN STEEL TRUST UNDERWAY PARIS Aug le By li By The As As- Associated Associated Negotiations Prees-Negotiations Press Ne for Cor Corthe forthe the formation of oC o a 0 continental steel and Iron Iron- trust havo hav been virtually completed The agree agree- ments menu manta will be b submitted to the industrial Interests of Iranee brance Belgium Germany and Luxem- Luxem Luxem bourg Luxembourg who are aro ar concerned with pith them for tor approval It Is not expected that the tho agreements will be signed before September 15 Because of a I dif difference ference terence In opinion between the French and Belgians lans on some minor detail details which wilt will bo be b die dis- discussed dis discussed cussed before ratification by all the groups Involved The Tho Th conversations which have bave been carried on here for tor the tho th peat past two days day follow preliminary feel feelers feel feel- ers r during the past two years with the tho object of ot forming form InK a combine that would bo be b able ablo abl to compete with American and and British Iron and an- steel producers In foreign markets The Th negotiators are aro par par- par par- particularly Interested In South America and the th orient and It Is admitted that the British hold the colonial trade trad and that the United States Is supreme In Canada