Company, the American Sheet Steel Company, and the American Tin Plate
Company were each made up of numerous smaller plants. Each of these
corporations, with a capital from $12,000,000 to $40,000,000, owned the
mines, the ships, and the railways for hauling its products, the mills
for manufacturing, and the agencies for sale. Through the efforts of
John W. Gates numerous wire and nail works were combined into the
American Steel and Wire Company. The Federal Steel Company, the American
Bridge Company, the Republic Iron and Steel Company, huge and complete,
were dictators each in its field.
