But when I showed them the earnings for the first year and told them if they did not get into steel they would find themselves in the wrong boat, they both reconsidered and came with us.

It was fortunate for them as for us.
My experience has been that no partnership of new men gathered promiscuously from various fields can prove a good working organization as at first constituted.

Changes are required.

Our Edgar Thomson Steel Company was no exception to this rule.

Even before we began to make rails, Mr.Coleman became dissatisfied with the management of a railway official who had come to us with a great and deserved reputation for method and ability.