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The day book. (Chicago, Ill.) 1911-1917, January 11, 1912, Image 2

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1912-01-11/ed-1/seq-2/

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'down and agree to -fixed prices
,and maintain them. This is obvi
- ous."
"How can this, condition be
remedied?"
Here again Carnegie began to
"stray into t he amazing fields of
his memory. Finally he answer
ed government regulation on the
same principle as now in opera
tion in regard to railroads,
i Then he wandered once more.
He produced a long typewritten
statement, and began to read it,
and not the most strenuous ef
forts of the committee could stop
him. It dealt with how Andy
would run the government if he
ere the government.
Stanley asked the "Little Fath
er of the Steel Business" if he did
not believe that men who violate
the laws the regulations of busi
ness should be sent to jail.
Carnegie said that punish
ment as a warning to others"
doubtless was a good "legal ar
gument", but that he did not
think that morally a man's con
science was clouded who could
.say: "I have done no wrong
knowingly."
Then he mad ean eloquent
speech pleading for clemency for
the "ignorant manufacturers." It
will be recalled that Carnegie
yesterday described himself as
wholly ignorant of any violations
of the Sherman law perpetrated
"by his own company.
"Don't you think." asked Rep
resentative Beall, "that if the
criminal section of the Sherman
law had been enforced earlier in J
its history, some philanthropist J
would have opened a night school
to teach millionaires the law?"
"That's a violent suggestion,"
said Carnegie. "Wouldn't a
Sunday school have been better?"
Beall wanted to know if Carne
gie did not think it strange, that
so many millionaires were igno
rant of the law in the nineties.
Carnegie said, "No."
He added that no consideration
had been given the Sherman law
by manufacturers from the time
of its passage until he left the
steel business.
Then he volunteered, the fol
lowing: -
"Out of all this trouble a new
condition will arise. There will
be a new era, in which all classes,
capital and labor, will be satisfied
and interested."
The skittishness that led up to
Gardner bringing Carnegie up
with a round turn was as fol
lows:
Beal asked if trusts had contri
buted toward the improvement or
development of industries.,
"I don't believe any corporation
can manage any business like a
partnership," said Carnegie.
"You take 35 young men and put
each in charge of a department, .
and each will have an eye on a
spigot to prevent waste. It's
the same as a man owning the
land he tills and lives on."
He then told about when "I
was a boy," and he told-pf a trip
he took to Iowa when he was a
young man, and of how the small
farmers there had impressed him.
He delved into the history of ag
riculture in the United States, He
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