By 1901, the company was under the control of US Steel.
U.S. Steel was able to muster its resources and break the strike.
"U.S. Steel does not have the clout to move the market as it once did," he said.
U.S. Steel became the first major industrial corporation to take this historic step.
Within three years U.S. Steel, like the market, lost 80 percent of its 1929 value.
U.S. Steel has completely closed two of its major integrated mills.
After the war, Johnson left US Steel and the government.
He later became assistant to the president of U.S. Steel.
U.S. Steel defeated another strike in 1901, the year it was founded.
It was the right time to buy stock in U.S. Steel.