of the Steel Corporation, and that the facts were not accurately or truthfully laid before me.  This statement is not correct.  I believed at the time that the facts in the case were as represented to me on behalf of the Steel Corporation, and my further knowledge has convinced me that this was true.  I believed at the time that the representatives of the Steel Corporation told me the truth as to the change that would be worked in the percentage of the business which the proposed acquisition would give the Steel Corporation, and further inquiry has convinced me that they did so.  I was not misled.  The representatives of the Steel Corporation told me the truth as to what the effect of the action at that time would be, and any statement that I was misled or that the representatives of the Steel Corporation did not thus tell me the truth as to the facts of the case is itself not in accordance with the truth.  In The Outlook of August 19 last I gave in full the statement I had made to the Investigating Committee of the House of Representatives on this matter.  That statement is accurate, and I reaffirm everything I therein said, not only as to what occurred, but also as to my belief in the wisdom and propriety of my action—­indeed, the action not merely was wise and proper, but it would have been a calamity from every standpoint had I failed to take it.  On page 137 of the printed report of the testimony before the Committee will be found Judge Gary’s account of the meeting between himself and Mr. Frick and Mr. Root and myself.  This account states the facts accurately.  It has been alleged that the purchase by the Steel Corporation of the property of the Tennessee Coal and Iron Company gave the Steel Corporation practically a monopoly of the Southern iron ores—­that is, of the iron ores south of the Potomac and the Ohio.  My information, which I have every reason to believe is accurate and not successfully to be challenged, is that, of these Southern iron ores the Steel Corporation has, including the property gained from the Tennessee Coal and Iron Company, less than 20 per cent—­perhaps not over 16 per cent.  This is a very much smaller percentage than the percentage it holds of the Lake Superior ores, which even after the surrender of the Hill lease will be slightly over 50 per cent.  According to my view, therefore, and unless—­which I do not believe possible—­these figures can be successfully challenged, the acquisition of the Tennessee Coal and Iron Company’s ores in no way changed the situation as regards making the Steel Corporation a monopoly.[*] The showing as to the percentage of production of all kinds of steel ingots and steel castings in the United States by the Steel Corporation and by all other manufacturers respectively makes an even stronger case.  It makes the case even stronger than I put it in my testimony before the Investigating Committee, for I was scrupulously careful to make statements that erred, if at all, against my own position.  It appears from the figures