Show IRON COMPANIES consolidated brought about by the carnegie steel company western competitors had to meet the intensely vigorous rivalry of the iron producers of pittsburg there will be ho no cooperation co operation with the carnegie co LI cleveland eveland ohio sept I 1 the iron trade review this week commenting on the big steel consolidation bays says it ie is a product of events in the iron and steel world rather than effort to control events it ia is a part ol 01 the evo lotion in the iron industry rather than an attempt to bring about a revolution if 11 it has an appearance appe aranco of fixing for aggression it is only on the theory that a war status is the surest means of preserving peace when the tle carnegie Caru egie steel company became a miner of ore en cia a jarge large ecale scale and made arrangements with the rockefeller interests for carrying its site ore at a low figure fluctuating only within narrow limits the cry of monopoly went up but no move ever made in the history of iron and steel was more plainly the product ot of an in tensely competitive regime r the federal steel company ia is one ot the later results of the entrance of at the carnegie steel company upon the medaba and range the re te sails suits were that immediate contracts at chicago were written with the price clause written with the mining basis of the pittsburg rate and only a step from such arrangement to an organic union of the illinois steel company and the company from which because of cornmon cornman stockholders it made its largest purchases of 0 ore the prominence of standard oil stock f holders in shenew deaf deal has apen construed in borne some quarters as predicting close future relations between the two i dominating iron and transportation corporations from mesaba ranges and it has been only a step from this inference to the conclusion that the standard oil interests in the lake superior consolidated mines and the bessemer steamship company might facilitate an argument between the present pittsburg customer of the two latter companies and the new company there is good reason to doubt the correctness of auy any such sur our amiee the indications are that the competition yeti tion in ore between the two leading interests of the masaba mesaba range will be just as intense as AR it has ever been the plans ot of the federal steel company allow fur for the addition of interests whose conclusion would bey be advantageous vant ageous should there bo be no outcome outcomes of the tentative movement toward farther further absorption it is to be expected that outside moves wilt will be made bring ing other steel works and ore producers into closer relations the coming year bids fair to some interesting events at 0 this nature |