Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1874-03-12
LOCAL NEWS.

y.
Morton Marye, Secretary.
The object of the meeting was Explained by
the Chairman aud Mr. Barbour, the latter
stating that iron ore had been found in large
quantities in the country through which the
Nirg inia Midland Railroad passes. some lying
Immediately on The road aud other at Il Drt
distances from II. The ores, he said, have been
examined by experts aud pronounced available.
The Reading Railroad Company have examined
them to quite large cXteut anu have shown
their appreciation by purchasing large tracts
of land containing them. Hematite ore on the
Manassas branch is nearer Alexandria than the
ores on the main line. The occasion OF this
meeting, he Sail, grew out OF conference be-
tween some gentlemen VINO felt an Interest 10
the matter, aud who deemed Alexandria a
suitable place for the uaoutact ure OF this iron
ore, as here coal, by the Chesapeake aud Ohio
Canal, first reaches tide water, as does lime
stoue, both by the canal and the Manassas
road and this >ore by the Virginia Midland
Railroad. II is estimated that an iron furnace
on the line of a railroad is to that road worth
a town of five thousand inha:ituutS How val
liable must it be then TO CITY III which such
works are located The iron manufacture has
been very profitable, those engaged III Ii max
ing large suns OF money. Ii cauuot be doubted
that a furnace established here would prove
profitable He then Introduced Mr. Coffin, ot
Marvlaud.
Mr.. Cofin said for ten years he had been Gu
gagged 10 the lrou business, and coui say, that
properly managed, it was profitable. Ot course
it would dcpeud on no w the business Was mau
aged He had been engaged 10 the manutac-
ture of charcoal iron, which Was very valuable,
and he had worked pure ere aud uale az iron
which commended a high price He had Tor a
lopg time had his attention called 10 AleXan
dria, aud thong ht II al admirable place tor the
establishment Of lroa furnaces. He had kuowu
OF the lrou ores in this part Of Virginia. Here
We could get the wood from the shores of the
Potomac aud neig hborlng waters TO make char
coal to manufacture charcoal !rou, or if desirable
to work with anthracite Coal, the ltcu'siug road
would join III the enterprise, u>lug the ore on
their lands recently purchased, aud they could
briug their Anthracite coal here by wa;c;r;.tap
ly. lie said Mr.. Brltteu, chemist, who Is re-
garied as IA high authority, PRONOUNCED the ores
fund ucar Alexandra very valuable. He,
Mr.. Coffin had made profit of 70 per cent.
per aunum for the past four years at his works,
near Washingtuu Mr. Brittcn says the ores
before spkcu of will yield Is per CT. OF irou.
\ charcoal furnace will make 80 tons per week.
1t would be desirable to have Il capital OF
100000, 1000 cost OF furnace, AID the re-
naiLd2r Working capital, 10 euabc the com-
pauy to hold iron I'D dull times Perhrps 1t
would not be necessary to cali III all of the cap
ital. It will require five Or six acres OF land
ior the works
Mr.. Barbour stated that Mr. Cothu would
show bis faith Ia the proprlcly of establishing
an iron furnace here by subscribing $2uQu0
for this purpose.
hlr. CoIhu said that before putting his money
into such al enterprise he would desire to
"a b.,
laid down here, and what 1t would yield.
N1r. Barbour offered the following resoiu
tiouB which were adopted:
Resolved That with view to ascertain the
sense ofthis meeting III regard 10 subscribing to
the capital stock oi com! nly TO be lncurrorated
to manufacture irol ut the city OF Alexandria,
that rs m.ny aS fi'vrr tho object and agree u
subscribe To the stock o: the company u be mere
after organic d hand their names 10 the score
Lary.
Resolved That committee to Ds selected by
the chairman from the list OF Subscribers, be
appontt 10 make the niece sary preliminary
examinations On the general sub sc. aud report
to future meeting to be called By tae chairman.
The Chair appointed the following commit
tee under the above resolutions :-Charles h
Coffin, Washington Blythe, Juo. 5. Barbour,
S. L. Gregory. ). {. Neae, Erasmus Taylor
and Juo. W. Green.
On motion Of Mr. Paff committee consist
Ing OF Fred. Paf, Gcv. r. Shiun, aud Geo.E.
French was appointed to solicit Subscriptions TO
the stock OF the company.
The meeting then adjourned to be called to-
gether by the Chairman.
immediately upon the adjournment of the
meeting the committee appointed under Mr..
BlrDUurs Resolution, met, organized 10y eec;-
lug Ar. Coffin their chairman, and resolved to
Il ,.l,
were appointed, at any tune their chairman
should call them together. They then adj
journed.
The following gentlemen siguifed their in
tention OF subscribing 10 the stock:
Charles Coffin, Jno 5. Barbour, Burke
& Herbert, Jnn. W. Green, VIM. G. Yeaton,
james Green, Gcn. f. French, JOHN LaDuou,
Rcverdy Daingcrfeld, 5. +. Bach, Thomas
Dryer, W. q Cazeuovc, d. NJ. French, 5. G.
Neale, Geo T. Shun, lhoS. v Ri>helll, f.
s. Lcadbeater Jpo. Il. Evans, NJ. D. Corse,
WIN. Z. Scott, E;asmus Taylor, Frederick
Paf, X. kampcr, S. L. Gregory, Marls Tay-
lor, Thos +. Wallace, w. b. Stuart, DR.. j. Z.
Hill, Joseph Brodcrs, Isaac Echburg, Justus
Schneider, Lewis Mckc.zie. Park Agnew,
Geo. Il. Hill, VI. German, and +. Ii. Jauncy.
Hon. S. S. CoX's LECTURE LAST EVEN
ING. MIR. Cox was greeted with 4 crowded
house last evening, upon the occasion Of his
delivering his lecture, entitled American HUI
NOR" for the benefit of the Alexandria Library
Company The lecture vas admirable. 1t por-
truyed tie characteristics of the American pco-
ole In lile-iike manner. and while 1t showed
where we sometimes exceeded the bounds OF
decoruni, it, at the same time, suggested
proper and true remedy. No one can hear MIR.
r., Il tu,.t
that he is man of great ana varied gifts. His
lecture was logical, cl,uueut, and yet humor-
GUS |, is wond ,riul thai; a man who has led
such an active lille; who has been leading pol
itlcan tor IA great many years, and Is such,
necessarily ensrossed with public duties, should
have been able to have found time to prepare
u lecture which bears evidence OF the most
thorough, patient aud laborious investigation.
BY his lecture and by his genial aud unaffected