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


50 interests.
!. !. !.
nd the most important aspect Of the
corporation so far as Minnesota
the iron range was concerned was
presented by the assurance that
United States Steel corporation was
enough In its domination of the
and steel world to enter upon q
-sfully worked out scheme for the
servation Of the resources of the
&c. These resources would have
wasted by the struggle that had
Ii going on to get the ore out Of
ground and get it to any sort of a
'ket. The Steel corporation did not
Id for today or tomorrow. 1t was
ctically the master of the producing,
lsporting and manufacturing ele-
Its In the production of steel. Its
cutives and agents knew very near
he amount of ore in sight. 1t knew
roximately the capacity of the world
absorb steel. Its immediate bust
was to increase steel consumption
conserve ore production. Knowing
possibilities Of steel for those pur-
IS Of construction which had been,
-erto, supplied by the lumbermen, it
10 provision to show the builders
same disposition as the lumbermen
steel was more economical than
Der.
If the Steel corporation had showed
rot all it could out Of the market,'
a man who has very closely observ-
the proceedings of the corporation,
he writer, "the progress made by
United States in increasing it's
nanent evidences of wealth during
past five years would have been
gnifcant. | know of no better proof
he generally benefcent influence Of
corporation than was exhibited in
business methods it followed in
,pening steel for the use Of the
der-and that in the face of the
---- that it might make it's own price
It's product. | do not mean that
Is literally cheaper than it was
that it's price has been kept we'll
lin the limit marked for it's
ionic use. And this is in contrast
the policy Of the lumbermen to
all the toll the traffic would
~
ngineers, architects and practical
ders were put at work to design
building material that would fit
uses. Now the architect does not
e his design to the steel manufac-
to have it produced at great
,nse by special machinery but is,
er, provided with forms that :re
in great quantities at minimum
Expenditure.
the matter of increasing the de-
for structural material the Steel
grafton showed it's great efficiency.
curse that is apparently remote from
york on the range, but it was closely
led to this work. The system that
directed to increasing the steel
1et for products designed on new
dards and for new uses worked
in other directions.
le advice given by an ancient and
rable practitioner of medicine to
individual man, "Trust in God
- keep your bowels open,' was made
gpply to the managers Of the steel
Grafton in this admonition: "Pay
pply to the managers Of the Steel
Of politics.
ga result Of steady adherence to
text of this behest the United
es Steel corporation is in fine
) Of physical health and is made
and parcel of the prosperity Of
community in which it operates in
nesota.
went Immediately about the work
Enormously increasing the producing
transporting capacity Of Its prop
rs. But this was not done without
rd to the future. The continued
ess Of the corporation must depend
the preservation Of it's ore re-
es. In the ore of the Mesaba range