The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-10-02
IRON AND STEEL INDUSTRIES.
The Visiting Scientists Open
Their Sessions in New Work.

Sir James Kitson i'res;dcs--Andrcw Car
ncgic Delivers the Address of welcome
"A New President Observation-Disclosures
From Leading Delegates on Metal and
Tariff Mattcrs--Dritish Investments in
America.
NEW YORK, Oct. IL Speciall-To-day
the first session of the Iron and Steel
Institute was opened in Chickering
Hall. Monday and Tuesday the Amcri-
can Institute of Mining Engineers held
their sessions, which were also attended
by the scientific Englishmen and Ger
mans who are now visiting this country,
The foreigners turned out bright and
early from their headquarters in Park
Avenue hotel, and were in Chickering
Hall promptly Mt ten o'clock, when the
convention was opened. Sir James Kit
son. Bart, president of the British asso-
citation, opened the meeting this morn
ing. lie said few words OF congratulate
ton to the members of his society upon
having an opportunity to visit and see
for themselves the resources of this
country.
Andrew Carnegie then delivered the
address of welcome. lie dwclt upon
the close friendship which has always
existed hctwccn manufac Jurors of this
country and England Friendship that
was Increasing year by year. The in
tercsts of one country vas the concern
of the other. The United States was IL
great consumer and Il great producer.
and her superintendent prosperity could
not fail To reflect in like manner upon
all other countries. He was glad to
have the honor of bidding the members
of the Iron and Steel Institute ii hearty
welcome to America.
''Iou arc welcome. thrice welcome"
he said, Ito the shores of the Republic
whore the people appreciate your
efforts. SO successful in the cause OF
progress and civilization"
Sir James Kitson responded to Mr..
Carncgic's welcome. lit is indeed an
honor to us he said. ito be welcomed
here by Mr.. Carnegie, who is the largest
manufacturer of iron and steel in the
world. The remarkable reception we
have been given here. since we landed,
iustities us in believing that we arc
welcomed rs we'll by the vast number
Of people of the United States
The president announced that at this
meeting his two years term of Office
was concluded, and it was necessary to
elect II successor. He proposed Sir
Frederick Able, -Woolwich. England,
who was unanimously elected. The
session then adjourned in order to take
Il trip up the hudson river, arranged
for them by the committee of the Amer
lean Institute of Mining Enginecrs on
the steamer Sandy Hook. on board of
which the delegates and ladies OF the
party left ut o'clock
Members Of the British Iron and
Steel Congress- have been interviewed
in respect to several matters at present
occupying the public mind here and in
England. Many OF them are large cap
italists engaged in manufacturing or
mining enterprises in England, Scot
land or Wales, and not a few are men
widely known for their large scientific
attainments. All may be considered
experts in their several cnllings.
AS respects the English syndicatcs for
acquiring productive American proper
ties, the rather surprising information
Is given that they represent mainly the
small investors. not the large capitalists
Of Great britain. Men having from
fifty to five hundred dollars have been
induced by promoters of such schemes
to go in for the large profits to be had in
certain established industries here. 1t
is not the big investors, as a rule, that
are tempted by these ventures. Syn
dictate schemes are hoated chiefly in
London. whore the supply OF gulliblc
people is almost incXhaustiblc.
Large English capitalists are pushing
various enterprises in the South and
other parts of the country. but they are