Schwab Quizzed by Probers Over Steel Trust Plan
Charles M Schwab, Bethlehem Steel president and former United States Steel head, testified to house committees about his role and conversations with J Pierpont Morgan and Andrew Carnegie in forming United States Steel. He recalled a 1890 dinner at the University Club with Simmons, Smith, Morgan and others outlining the benefits of a unified steel corporation and ideas to economize production and distribution. He said cost sheets could be shared within a future US Steel framework and noted his access to cost items after leaving the company.
MENTIONED IN THIS ARTICLE
New York
Charles M. Schwab
Bethlehem Steel company
United States Steel corporation
Mr. Schweb
Andrew Cornesie
d. Pierpont Morgan
United States Lteel corporation
United States
United States Steel
Steel corporation
Afr
Schwab
Brussels
Mr. Stanley
Sunporre
United States Steel corporation shoul
Joh W. Gates
J. BP Moran
Philadelphia
Mr. Gates
Mr. Morgan
University club
Mr Morgan
Mr. Carnegie
Margana
beng
the
steel trust
steel
Mr. Schwab
Empress of Germany Talked Of Steel Plant Sale Plan
An interview recounts discussions involving J. P. Morgan and Andrew Carnegie over forming a steel manufacturers organization. Charles Schwab confirms Morgan sought price for Carnegie steel plants and disputes about competition restrictions during the creation of the United States Steel corporation.
Daring stunt high in air paratrooper’s near catastrophe
Howard Bennett, an eighteen year old aeronaut, leapt from a balloon to perform a parachute jump in Atlantic City. Facing a failing release, a shifting wind and a drifting envelope, he climbed the rope to puncture the balloon with a knife and reascend. He then landed in the water and was rescued by boats from the shore.
MENTIONED IN THIS ARTICLE
Atlantic City
Howard Bennett
Bennett
Six Die in Southern Railway Wreck near Salisbury
Six persons killed and nearly a score injured in a Southern Railway passenger train wreck at Barber's Junction ten miles from Salisbury North Carolina. The locomotive and cars derailed as the train ran between Asheville and Goldsboro. Details were unavailable due to interrupted telegraphic service.
MENTIONED IN THIS ARTICLE
Southern Railway
Salisbury
N.C
Barber's Junction
Asheville
Guldshurvu
Son Born to American Peeress in London
Lady Maidstone Margaretta Drexel, wife of Viscount Mailstone, gave birth to a son in London. The viscount and the former Miss Drexel, daughter of Anthony J. Drexel, wed June 8 last year. A patent medicine advertisement follows.
MENTIONED IN THIS ARTICLE
London
Maidstone
Viscount Mailstone
Margaretta Drexel
Admiral Togo To Visit U S For Twelve Days And Meet Taft
Count Togo, the Japanese naval hero, arrives in Washington after a busy New York stay. He will tour Annapolis Mount Vernon West Point and Niagara Falls before a stag dinner with President Taft and a public reception. He praises the treaties among the U S Britain and France as a major step for world peace.
MENTIONED IN THIS ARTICLE
Washington
Hothachto ‘Toxo
United
New York
Togo
United States
bomwe
Union station
Annapolis
United States naval academy
Mount Vernon
George Washington
Ife
West Point
Togo wil
Baltimore
Philadelphia
Boston
Niagara Falls
Taft
Great Britain
France
Six Railroads and Three Companies Accused in Coal Trust Suit
United States Attorney Sher man T. McPherson filed an equity suit under the Sherman anti trust act in Columbus Ohio to break up the bituminous coal trust. Railroads Lake Shore Michigan Southern and Chesapeake Ohio lead the defendants with coal companies named among them. The government accuses discrimination in track connections car distribution and freight rates to hinder independent dealers in the Hocking Valley region. The case follows months of Justice Department investigation and traces back to the 1899 formation of the Hocking Valley Railway.
MENTIONED IN THIS ARTICLE
Columbus
United States
Shernan T. McPherson
Lake Shore & Michigan Southern
Chesapeake & Ohio
Hocking Valley
Lake Shore & Michigan Southern railroad
Chesapeake & Ohio railroad
Hocking Valley Railroad company
Kanawha & Michigan company
Zanesville & Western Railway Company
Sunday Creek Coal company
Continental Coal company
Kanawha & Hocking Coal and Coke company
Pittsburg
Kanawha
department of justice
bituminous coal trust
Hocking Valley Railway company
Columbus, Hocking Valley & Toledo Railway company
J. P. Morgan & Co
Wiley Stripped QF Power Prosecutions Show Wiley No Authority
Washington Aug 5 George P McCabe solicitor of the department of agriculture testified before the house investigating committee that prosecutions for violations of the pure food law were ordered or refused by the secretary of agriculture on his recommendation not Dr Wiley The food and drugs inspection board once controlling prosecutions has ceased under general order 114 McCabe said Wiley has no authority to direct prosecutions and can only appeal findings to the secretary
MENTIONED IN THIS ARTICLE
Washington
George P. McCabe
department of agriculture
house investigating committee
Dr. Wiley
aigriculture
Wiley
Wickersham
McCabe
agricultural department
Mr. Davis
bureau of chemistry
Mr. McCabe
Train Crash Kills Two In Dupont Delaware & Hudson Crossin
In Wilkes-Barre area Pennsylvania two men Edmund L. Briggs of Dunmore and Charles W Gallagher of Minooka died when their automobile was struck by a train at a Delaware and Hudson crossing at Dupont. Peter Higgins of Minooka was fatally injured.
MENTIONED IN THIS ARTICLE
Wilkes-Barre
Delaware & Hudson
Dupont
here
Toc
Edmund L. Briggs
Dunmore
Charles W Gallagher
Minooka
Peter Higgins
Minoo
Man Attempts Kidnap of Child at Wilmington Orphanage
Police report a man and a woman sought to abduct a nine-year-old girl from St. Peter's Female Orphanage. A Sister of Charity was knocked down before the suspects fled toward Wilson Mae wharf with the child. The man was captured. the woman claimed the child was hers and gave an address in Philadelphia. No charges beyond disorderly conduct were filed.
MENTIONED IN THIS ARTICLE
Wilmington
Del
St. Peter's
Wilson Wiley
North Front street
Philadelphia
Wilson Mae
Charity
Airman to Garry Mails Between London and Windsor
London August 5 The postmaster general plans an experimental aeroplane postal route linking London with Windsor aviator Claude Grahame White will operate with royal approval King George supports the plan and Windsor Park is set as the terminus The service is slated to begin this month A Des Moines woman recovered from severe bowel illness after one dose of Chamberlains Colera and Diarrhoea Remedy available from all druggists
MENTIONED IN THIS ARTICLE
Grahame-White
London
Windsor
ceneral
Claude Grahame-White
King George
Windsor park
Des Moines
Also Mentioned on This Page
ROSENSTOCK BROS
One-Price Outfitters
East Patrick Street
ALLEN G. DUYNN & CO
Frederick, Md
G. L
G.L. BAKING CO
North Market Street
Jas. Carros
Prop
FIRST MORTGAGE RAILROAD SECURITIES
PUBLIC UTILITIES CORPORATIONS
MOTTER BROS. & CO
Markell & Ford
ene an
MOVING PICTURES
BYRON & CLARE
Lehr Piano
BIRELY'S
Probers
Formng Trust
J. P. Morgan
Carnegie
FELTON & KELLY
RIZONA
EMPRESS OF GERMANY
COAL TRUST
America
r. Taft
Japan
Dealera
Big
Washaton
West Verginia
GARRY MAILS
Niewepa
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