The Barre daily times. (Barre, Vt.) 1897-1959, 1903-09-02
Steel Master Predicts Re-
union of
ENGLAND AND THE U. 5.
Predicts Prices Of Iron and Steel
VIII Steadily Be In
creased.

Barrow-in-F -Furness, England, Sept 2.
I'm a speech to the Iron and Steel In
stitute, il session here, Andrew Car
negie, speaking as president Of the in
shtute, said in opening that the record
I In iron and steel Id England the great
little mother Of nations had not been
equaled by any of her children, al
though her oldest and biggest seems to
inherit his mothers indomitable spirit
and the ability to work miracles
"In all matters Of iron and steel,
however" continued Mr.. Carnegie, "thd
child has been borne upon the shoul-
ders Of the parent. If the Atlantic
ocean had been prairie land there
would have been little left in the world
but the conQuering old lady and her
family all under one roof, under one
flag, a self sustaining empire under
free trade and probably 200,000,000 Of
our English speaking race and home
market SO big as to give control Of neu-
tral markets. No question Of protec-
ton or preferential tariffs then to dis
turb us. Besides all this we should have
been able to enforce peace among ma
tions.
Gentlemen, unfortunately an ocean
exists where we should have preferred
prairies. but it is traversed in about
the same time as the 5000 miles Of land
between Montreal or New York on the
Atlantic and San Francisco and Vie.
toria on the Pacific who SO bold as
to predict that never is our race to sue
coed in converting the ocean, hitherto
a barrier to your extension, into the
pathway to reunion Of the two once
united branches Not III MY faith Is
unshakeable that some day this viii
be accomplished and that instead OF
being two small islands here alien to
the European continent you will look
across the sea to your own children IN
Canada and in the United States and
become once more the mother member
Of the dominant power Of the world
some business Predictions.
After reviewing the progress OF the
iron and steel industry the past thirty
years Mr.. Carnegie added
sThe work Of week is now done in
3 day; but great as that contrast, here
is one still greater. There have been
made and sold without loss hundreds
OF thousands Of tons Of four inch steel
billets at three pounds for a penny
Surely. gentlemen. the limit has been
reached here. / think it has, and IT is
doubtful If ever d lower price can be
reached for steel. On the contrary,
there Is every indication that period
after period the price OF steel Is to be-
come dearer owing to the lack Of raw
materials 1t is scarcely possible that
this country can increase it's product of
iron and steel materially. Let us hope
that the product win not be decreased.
The vital element In the matter is, as
we all know, the supply Of iron ore.
Many of you are conversant with the
situation here / only know what !
learn from others, but undoubtedly the
attention Of the iron and steel manu-
facturers should be directed to this
question. Where and how can they OBJ
tain a supply Of iron ore2
"Nor is II a question which the man
ufacturer Of America can safely neg
lect. II was because it forced itself so
strongly upon us that we secured such
an abundant supply of the best ore OBJ
talnable. For sixty years, think the
United States Steel corporation Is sup
nlied at its present rate of c0nsump-
ton, but sixty years is as nothing COM
pared to the life of nation. 1t is upon
future discoveries Of iron ore that the
future of cheap steel manufacturing
even in America, depends. There are
immense deposits in now inaccessible
parts IN Utah, for instance, and in
southern California large deposits have
been found, 80 that steel will continue
to be manufactured, but it would not
surprise me if its cost was very greatly
advanced insthe future"