United States Steel: A Corporation with a SoulCotter, Arundel
History
United States Steel: A Corporation with a Soul
Cotter, Arundel
United States Steel Corporation
Coils of Red Hot Wire 264
Annealing Wire 265
Drawing Fine Wire 280
Making Wire Fencing 281
Making a Steel Tube 296
Steel Transportation by Man Power in China 297
UNITED STATES STEEL
_A Corporation With a Soul_
UNITED STATES STEEL
PROLOGUE
THE MAN AT THE HELM
Every business enterprise, however great, reflects in its dealings with
its competitors, customers, employees, and the public generally, the
individuality of some one man. Curious as it may seem at first glance,
this personal touch, far from being lost, is particularly evident in
the greatest of all business enterprises, the United States Steel
Corporation.
Many men, including some of the ablest financiers the country has
produced, have assisted in a measure in making the Corporation what it
is to-day. Morgan, Frick, Perkins, all these and others, have helped
with their counsel in bringing the Corporation to the pre-eminent place
it holds in the industrial world. But one man has stood out among all
these--Elbert H. Gary, its chairman and chief executive officer.
Throughout its ramifications the Steel Corporation is everywhere a
reflection of Gary’s spirit. His influence, from the time of its
incorporation nearly twenty years ago, has shaped its policies and,
almost from the beginning, has dominated its counsels. For what
the Corporation is, whether good or bad, Gary must accept full
responsibility.
Judge Gary himself would probably object to the use of the word
“dominated.” He would doubtless prefer “guided”, for his dominance
has never been autocratic. But his colleagues, except perhaps in the
earlier days, have confidently accepted his opinion on all matters
pertaining to the Corporation’s welfare. And the events of the last few
years have proven that they were right in so doing.
Not the Corporation alone but the entire steel trade, the most
important manufacturing industry in America, has benefited from Gary’s
wisdom. As the chief executive officer of the leading interest in the
industry his competitors have always looked to him for leadership in
periods of stress. And whenever occasion arose, as in the dark days of
the panic of 1907, he proved his right to lead.
There have been times when this leadership was in question if not
doubt. One such occasion was as recently as 1919 when the great steel
strike threatened.
Gary’s attitude toward labor was well known. He believed in “leaning
over backward” in the matter of giving justice to the worker. And when
union organizers and radical agitators attempted to force the closed
shop on the industry many of his competitors feared that he would yield
to the demands of the labor organizers.
Public-domain text, read in full here on John Shaqi.
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