The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-12-30

intelligence. It owns not dollars
worth of property in Minnesota. AS a
corporation 1t does no business in the
state. Its aims are realized through
the operations Of its executive arms
corporations carrying on specialized
branches Of the work Of the whole
body. Each of these arms--any one of
which might stand alone as a mighty
corporate power-has an independent
executive organization and chief. Each
chief is responsible for the operation
Of his own company, and it is his bust
ness to produce results He has the wild
est discretionary powers as to ways
and means, and is not only an execu-
tive, but is necessarily diplomat, and
it is part of his business to see to it
that the primary object of the central
intelligence is realized in all of it's es-
sentials. He is in close working touch
with each Of the other chiefs He has
power to initiate as we'll as to execute.
All he is asked for is results that are
obtained by methods laid down within
the recognized lines of policy. AS all
great works are accomplished with a
degree Of success proportional to the
lessening Of friction, it is the primal
business Of these chiefs to so operate
their various machines that each shall
be the complement of the other and
one Of all. And they see to it that in
the dove-tailing Of their interests no
outside interest is adversely affected by
the operation Of the mechanism they
guide. The system Of procedure is the
elaboration Of simplicity in methods.
Untold ages were consumed by ma
ture working in her secret laboratory
snd piling up wealth for the enrich
ment Of man in that day when, in the
fulness of time, his needs should carry
him past the age of stone, wood and
iron and bring him to condition when
steel in vast quantity and varied form
became necessary to the realization Of
his broader ambitions. In the darkness
Of earth s dawn there was stored by
the glacial drift coming down with
the dissolving ice cap from the north,
great body Of iron ore, which lodged
along the scarp of the billy range
north of the head of Lake Superior.
Having completed her work, nature was
at little pains to conceal the barely.
hidden riches, and the designing hand
of a providential dispensation is ap-
parent in the fact that this great body
Of ore-about IS miles long and from
one-half to three miles wide and Of
varying depth-remained with it's rich
es unrecognized until the world had pro-
ceeded SO far in it's progress as to make
this deposit commercial necessity. If
the Mesaba range had been discovered
at an earlier period of mans develop
nent, it would have been unavailable.
It's discovery came at the psychological
moment. .~".- .~-. s.s:
-, For forty years the iron and steel
masters of the world had been devel-
oping, inventing and improving proc
esses necessary to the fruition Of mans
ambitions. The work of Jones, Scott,
Carnegie, Phipps, Prick and the giants
Of the iron and steel industry had gone
far toward precipitating this golden
age Of steel when the Minnesota ranges
were explored and their wealth recog-
nized. In 1884 the hematite ore Of the
Vermilion range was first used by the
steelmakers. In the following ten years
there was tremendous expansion Of
the American steel market. The stu
pendous trade genius Of Carnegie who
was not SHOEMAKER, but the lord Of
the steel trade-had carried the steel
industry to what was thought to be
the pinnacle Of success. Money begged
for opportunity to get into the trade.
Immense as was the development Of
the capacity Of the blast furnaces, and
the rolling and plate mills, it never
really caught up to the demand that
was fostered with a profound knowl-
edge Of the state Of the world by Car
negie and his associates. But up to
the time Of the discovery Of the Me-