United States Steel: A Corporation with a SoulCotter, Arundel
History
United States Steel: A Corporation with a Soul
Cotter, Arundel
United States Steel Corporation
But Gary had never flinched from responsibility, however great. Here
was a question of principle involved, concerning not the rights of
the employer alone but those of the very large number of unorganized
workers. Although pressure was brought to bear upon him from high
quarters to compromise and avoid a strike, and later to settle it once
begun, the head of the Corporation unswervingly stood his ground and
led the steel trade to a signal victory. He proved to those who doubted
him that, though he might usually adopt the attitude of “suaviter in
modo” he knew how to assume that of “fortiter in re” when occasion
warranted.
On October 24, 1919, the annual meeting of the American Iron and Steel
Institute was held in New York City, at the Hotel Commodore. Some
sixteen hundred of its members, including the majority of the leading
figures in the steel trade, attended. The steel strike had been going
on for some weeks and the steel men were gathered to hear what Gary had
to say.
The entrance of the Judge into this gathering was the signal for a
most remarkable demonstration. For these staid, solid business men, on
catching sight of Gary, broke into a spontaneous salvo of cheers which
was enthusiastic and prolonged. It was a tribute to his generalship in
the struggle then being waged, an unequivocal admission of his right to
supreme command. In that storm of cheers were buried all doubts that
may ever have been entertained.
It is impossible to write of the Steel Corporation without writing
of its head. His influence on it is too direct, too personal, to be
ignored. The Corporation, in a sense, is Gary. He has infused it with
his spirit, a spirit which, it is to be hoped, will continue always to
animate it.
CHAPTER I
THE WHY AND HOW OF THE BIG COMPANY
Mere size, to the majority of us, presents a certain fascination.
Especially is this the case when it is the result of human endeavor.
Hence, were the United States Steel Corporation nothing but the largest
business aggregation in the world its immensity alone might justify
placing upon record the facts connected with its formation and its
subsequent history.
The Corporation’s vast capitalization, a billion and a half of dollars,
its yearly turnover exceeding its capital, its payroll of 275,000
workers, or, with their families, enough to populate a large city, its
productive capacity of more than 16,000,000 tons of finished steel
annually--to say nothing of other products--the volume of freight
carried in its fleet of ore boats, several times the tonnage passing
through the Suez Canal, its foreign trade of two hundred million
dollars--these alone might make the Corporation’s history worth the
telling.
Public-domain text, read in full here on John Shaqi.
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