New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-24

Atlantic and Pacific and are proving satsfac-
tory in quality and price.
Some time ago the explanation offered by the
English technical journals for the steadily in
creasng exports of American iron and steel to
Great Britain was that these transatlantic con-
tracts we're taken below cost, either for the sake
Of the advertising they were supposed to effect
or in order to keep the works running full time,
the manufacturer depending upon his domestic
orders for profits The London Engineer,
which csrtainIy cannot be accused OF excessive
friendiiness to American methods Or enterprise,
definitely rejects this explanation as untenabe.
II says:
Now and again we hear Of steel and iron
beirS rent from America TO the Old world, but
the explanatiO usually given Is that his rs
simply bounce" or by way OF advertisement
on the part Of the United States manufacturers.
at does this country no good said leading
Sheffield manufacturer ITO ignore the truth In
this way. At this moment the American Is
sending over in tie regular way OF business
heavy cobsgnments OF steel. True, these are
mainly i'm the cheaper grades, but the time VIII
come when they will bo sent over In the coslier
qualities" He mentioned that single firm In
London is receiving United States steel at
per nnnurn American steel he added, is also
being sent into Birmingham in very large guam
titles /. is mainly used for bicycle work In
bright drawn steel for bicycle purposes for nuts,
screws and bolts. or anything that can be made
in large quantities by means OF automatic ma
cnnery the American steel is preferred not
merely by the manufacturer who finds ii lower
I'm price but generally by the workman. as its
Uniform temper enables him to work IL smoothly
right through with considerably less wear on
the tools That the influx Of steel from America
is not mere bounce or advertisement is evident
by the concern shown by some Of our manu-
facturers. At the last meeting Of the Ebbw
Vale steel, iron and Coal Company Limited.
Wales one of the directors stated that there
would be anxiety for some time 10 come in COM
nection with the steel works, owing to the
appliances and the improved methods in Amer
lea and on he Continent, as well as the keen
ness OF competition. Another director, who is
also director Of lscge steel concern IN Shelf
field attributed the serious period OF depression
which had fallen upon the Ebbw Vale steel
works to the flow of steel from America into this
country.
That THE London Engineer is by means
the only one TO recognize the Importance OF
American competition evidenced by the fol-
lowing extract from an editorial which appeared
in THE Hardware Trade Journal Q-ondon).
Great Britain will have 10 make ur It's mind
TO see a good deal more Of the American in our
markets than has been the hitherto. Trade
is at present good in the States that all avail
able productive power is required Tor home de-
lnands but several manufacturer friends who
have lust returned from the States, where they
have been on business. tell our Sheffield CORE
spondent that the manufacturers there are so
largely increasing their output that they will
promptly overtake home requirements and enter
vigorously upon European markets. You VIII