, 1881-10-24

English Uno OF It lii Shlpbuildlng-
Its prOlltnbleNehk.
F.Iff 3f,fIf {:u1,ff..

Ismt Malt Gnseftf.
4 decision announced by The Consctt Ira
CotnIIuuy must l"s regarded as significant nj ,ns
present tMe. Tint company has bcan one ostsa
inust 1utllnntc Of MI those rlIEl,Rc,1 in nnrthen
mutulturKy. 1t boQht immense lre,tl- works nd
en!l!orics In thu northwest If Duriatd at ycsJ
low price, and by l,itlic!ols expenditure aad
good management 1t hAs is.il wonderful dIs'
dctltls for lnuny yrArs. Over II series VI yearst
rnd II per cpht rtr nnti,,ih tt' Its fortunate
shareholders. mud IN tho lust two ycass Il has r.
turtind - per cu1lt per annum and gyra
contributed to by tho cuko ini.nnlActur..
layo Gcct chIeiiy ATTAINED by tlu troa
trade, aud notably By thy Iron. .p!n'c trtde. 70.
as 3 ysF ass sss s s SsS.' os. Il 5f' sn Eoess
was tie t1rs,l!i nu iron plMtea and p1H-lrnn. Tia
cosnna',y IL, indeed, thu largest ffou' plate pro.
decided to Uroct Sienlnus Martin plant fLr thu
prfMluotion q Strrt plates; u,....
llt&tlertu tho shirs built on Northern rlrats
have been ir'n slnUu tho cesantlon Of tho build
tnK of waalgn vcssols, with very frw e1tep.
tlons. Exceptional steel vessels have tee1
tho Tee ut West HArtlepool; but gil tho 4eel tut
sgne uf thesn. and much af 1t for nthnrs. hsa
been tMkcn Into she district from seos1a sts''s,
commenced! tho production ut stces p!a'e.
for Hh!pbtiildlnR. Tho northeastern district.
dnvu 10 few ycars ago. WINS almost exclusive
" Nta II! oIaA !AuAs f1kGa4-tu"Nh'b
1aenGed on II large sealc snme three years ave
oniy, but the imInunsu ateol-rn!l mills etreEeai
near Mftl.lesb1rnuEh pr.Halictt NAsfhi tons ~
stne! r.l.ls In 1870. at'nnt U,0N t0na last {fsl,
mud this year will enlarge tint Quantity lneso
were n,ltl0 ut first exclusively lr0n fora'sa
run sIres, to tho loss OF the cHstl lpt!no NJ foA
ures: but th0 ttephOspht,rlxH&lnn process ca.
abua thu !nttur nnW IL DU slsr, aslll ,,ehrf nets
Is growing production bf atcol ~ tue tnFm sa "
raIls in Tho North, Prsst!ss,ly, t, yrsi!saS%a ,! %
Ut whit WIS pnU uf tho stnpI0 I1tthllfafinfes =. ~
tho ,latrint-ir0u rAtls-is sinW extinKuEheu,! ~
pIHta III thDsu Ut thu InOrn enduring ite!st
Fur long tler0 bus hren u tnhtrEtl1
whether iron thus aupplRntel would Also h&ta
sieel substituted fur 1t for ahlphut1nx uses. r..
Tic cuusett ttoMpn,1y tMkcs. tho teaa IN ' ~
production Of iron for bhlps, und henee lne ~ =
nlHeanro Ut tho stop It nus now arlusnsta =.
uyen lint stct, DO take On eealn ~, s,'sI'ss as.
tian Of thu cotnlarhtye seEr!cc 9t 1n,a !a,
and steel In sh!pbnllllsuR In tenF 'l's; ~
cussel. and IL also undeFRalnR tue W. .a,a. y.
experience. ln thu nust rccent ut these disca ,9
BlDl,s It WIS stRtN OIL tlia Stlo Of lFoa ~, ~.
given vessel wt1t,Ih cost Al pur ccl!t more ~, \,
tot Df tlHAtl. .Wtxht cArryH cApn.y Y nt .SI sgs
than It would Ut trnl. whllt, III tho Illtr H msS
/ 1t wua ealn,rti that even with stee! y. ss1'I II
aboyS, Iron - nrce, aa III an, ErcSeIHIsb SeeIIsb,I, i
less psr ton or u.iry.1.9 enIsau!ty; AZ ,Ft, ~,
n.npl9 wis KIycn ot TIM et~t vi strs! on" I'm
yresnla-the former of crrsaln slkh es's;s es;ias
t9.3I, a1l Ill Iron Utlo tho sumo st' t., coI..nt
Et1,tdSl. but carrying eighty tDIIs Ieas iHHK Hn
lsGnop It waR cOnteIHteta that for tho ,",1.
e06t therO VIVA tAr1u Interest," Wien inS :. 'n .n
ter ID nHrrowetl ti tllese hinelssnnt ~ ~ t"d n
scnrecly no FAi that 1t " ton sOo T. s9en Il
| tho ulttnatc Substitution ut steel lof "'" -