Carnegie denies hold up in steel empire testimony
Andrew Carnegie testified before a Senate committee probing United States Steel Corp. He denounced the U.S. banking system as a disgrace to civilization and urged an industrial court to address trust issues. Carnegie denied that U.S. Steel was a victim of a hold up and claimed the price paid for his holdings was fair. He recalled Morgan interests approaching Schwab to buy Carnegie Steel, detailing valuations and his personal stance on price.
MENTIONED IN THIS ARTICLE
Washington
Jan
Andrew Carnegie
United States Steel corporation
Carnegie
United States
United Stites. Steel corporation
Steel corporation
Uni corporation
Carnégie
Morgan
Charles M. Schwab
Carnegie Steel company
ee Frick Coke company
Fston
fin distributing
Schwab
yan
Mr. Gardner
Carnegie Steel and Pool Controversy Revealed in Testimony
In testimony to a committee Mr Carnegie discusses a $492 006 160 securities deal for Carnegie Steel where only $420 000 000 was received. He recalls not remembering involvement in a steel plate pool from 1904 to 1907 and argues against tariffs on articles used in pools. He details Carnegie Steel's incorporation with capital of $220 900 000 and its iron coke steel and ore interests, asserting earnings justified the capitalization. A separate Pittsburg incident reports a man shoots his wife while she tends their baby, then flees with the child before arrest. A note promotes Chamberlains Cough Remedy for croup and related fears.
MENTIONED IN THIS ARTICLE
Carnegie Steel company
alait snow
Comedie
Europe
rails
Carnegie
gh industrial court
Pittsburg
Padan
Alas Lachner
Philadelphia
Roosevelt Speech Rumors Spark Guesses On Candidacy
In New York a Roosevelt Aldine club dinner generates varying reports on his presidential intent. Some say he would run if nominated, others say he would not seek the role, while Abbott states no official comment will be given. The private dinner drew 600 to 700 attendees with reporters barred, fueling speculation across the city. Meanwhile Kansas City Kansas reports wolves menacing farms, prompting organized drives to protect poultry and stork nests.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
Aldine club
America
Lawrence Absott
Roevelt
Rosevelt
Abbott
conred
radm
Henry Van Dyke
Princeton university
Wilson
Charles L. Patton
Hash Makes Veterans Ill at Teavenworth Home
More than 150 veterans at the National Soldiers' Home near Teavenworth Kansas suffer suspected program poisoning after eating hash during a regular meal. A number are in hospital in critical condition.
MENTIONED IN THIS ARTICLE
Teavenworth
Kan
National Soliers
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One-Price Outfitters
SENSTOCK. BROS
East Patrick Street
AVITH
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Frederick, Md
MOTTER BROS. & CO., BANKERS AND BROKERS
Central National Bank Building
North Market Street
Jas. Carros
G. L. Bread and Rolls
EAN
G. L. BAKING COMPANY
Dr. FAHRNEY
droge
DHS
D. PAHRNEY & SUN
JORGE LIST, Mart
Franklin
Frank McEntee
Millicent Evison
Ben Greet
McCardell’s
EXCELSIOR Sah
WHITE CROSS MILK
Lehr Piano
asia
BIRELY'S
FELTON & KELLY
Florida
Malaga
S. MARINO
North Market St
tionery Store
Care-News
J. H. GORMAN
Tut
IGHN KENSON
Equitable Fire
Chamberlain
American Press
W. ROW
CITY OPERA HOUSE
MorAY
SaLEAT
EDWIN ChIEEORD
CHICAGO
BOSTON
EDWARD E. ROSE
willy
Kansas City
Lone Jack
Botti
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