STEEL TRUST INQUIRY.
STARTLING REVELATIONS. F«r Press Association— Copy right (Received February 29, noon.) NEW YORK, February 28. The Steel Trust Inquiry Committee has published the results of investigation into the accounts conducted at the instance of the committee. The figures show that the J. P. Morgan Company received seventy million dollars cash for organising the Steel Combine, and the net profit for the first nine years reached a billion dollars. The statement made in 1907 to President Roosev^t to the effect that the Steet Trust ■only controlled sixty per-cent_of the steel properties in the XTmted States is shown to be untrue, as the Tiust actually controlled eighty per cent.
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Bibliographic details
Ashburton Guardian, Volume XXXII, Issue 8313, 29 February 1912, Page 5
Word Count
110STEEL TRUST INQUIRY. Ashburton Guardian, Volume XXXII, Issue 8313, 29 February 1912, Page 5
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