3. Public Service Corporations: American Telegraph & Telephone Company, Adams Express Company.
4. Industrial Corporations: United States Steel Corporation, Pullman Company.
Mr. Stillman is a director in only 7 corporations, with aggregate assets of $2,476,000,000; but the directors in the National City Bank, which he dominates, are directors in at least 41 other corporations which, with their subsidiaries, have an aggregate capitalization or resources of $10,564,000,000. The members of the firm of J. P. Morgan & Co., the acknowledged leader of the allied forces, hold 72 directorships in 47 of the largest corporations of the country.
The Pujo Committee finds that the members of J. P. Morgan & Co. and the directors of their controlled trust companies and of the First National and the National City Bank together hold:
“One hundred and eighteen directorships in 34 banks and trust companies having total resources of $2,679,000,000 and total deposits of $1,983,000,000.
“Thirty directorships in 10 insurance companies having total assets of $2,293,000,000.
“One hundred and five directorships in 32 transportation systems having a total capitalization of $11,784,000,000 and a total mileage (excluding express companies and steamship lines) of 150,200.
“Sixty-three directorships in 24 producing and trading corporations having a total capitalization of $3,339,000,000.
“Twenty-five directorships in 12 public-utility corporations having a total capitalization of $2,150,000,000.
“In all, 341 directorships in 112 corporations having aggregate resources or capitalization of $22,245,000,000.”