United States Steel: A Corporation with a SoulCotter, Arundel
History
United States Steel: A Corporation with a Soul
Cotter, Arundel
United States Steel Corporation
Many other men, of course, have done their share in making the
Corporation what it is to-day. In the success of the great company
men like Richard Trimble, its secretary, and William J. Filbert, its
comptroller, who have been with it since incorporation and seem almost
as integral parts of its structure as Judge Gary himself, have done
their part, as have the presidents of the various subsidiary companies.
All these are men of unusually high ability, nearly all of whom have
worked their way to their present positions from the bottom of the
ladder. They have for years devoted all their energies to building up,
each in his own sphere, the business and resources of the big company
and may justly and proudly claim the right to be reckoned with Gary,
Morgan, and the others, as “Men who made United States Steel.”
CHAPTER VI
DEVELOPING WORLD MARKETS
Until the year 1914 American industry had been self-sufficient. Our
manufacturers made goods for home consumption, our bankers concerned
themselves only, or almost so, with American finance, and, broadly
speaking, the world outside was of comparatively small importance in
our business affairs. With the war this situation changed. The British
navy stood as an impassable barrier between Germany and her customers
abroad. England and France were devoting the mass of their man power
to fighting or the production of the wherewithal for fighting, and the
neutral, non-producing nations had only one market to turn to. They
came to the United States for all their wants of manufactured goods,
and in so doing brought home to the American manufacturer the real
importance of these vast markets he had previously neglected.
Some of our more far-sighted manufacturers, however, had long sensed
the value of this foreign commerce. They realized that the day would
come, sooner or later, when this country would produce a surplus of
manufactured goods above her own needs, and that if she was to be
prosperous she must find customers outside for this over-production.
They realized, too, that these markets must be assiduously cultivated
against the time when they would be necessary for the continuation of
our prosperity.
And among those who took this far-sighted view was the management of
the United States Steel Corporation.
In the office of James A. Farrell, president of the Corporation, at
71 Broadway, New York, stands a pedestal supporting a great globe. It
is a fitting ornament for that office, for the business of the great
steel company extends to practically every part of the known world,
literally “from China to Peru”; fitting, also, because Farrell’s name
is indissolubly connected with the development and extension of that
business in the markets of the world.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account