The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1909-10-27
STEEL TRUST
WINNING CHINA

WASHINGTON, October 15.-It is UNI
derstood here today that the United
States Steel Corporation is getting
ready to make strong bid for control
of the coal, iron and steel. business of
China. The mines in this rich terri
tory are said to be already held by the
big American concern.
Reports made by travellers who have
recently returned from that part of
the world together with data which
consular agents have presented have
made it appear that the great Ameri-
can evaporation is much farther along
the road to the control of vast bust
ness in the Orient than is generally
known.
Only vague information has been OBJ
tainable as to the holdings of iron and
coal which have been gathered up for
the steel corporation in China but it
is positively declared that vast deposits
in the province of Shan ST. believed by
many people to be the richest in the
world, have come into the control of
the corporation.
For many years this province of
Shan So has been regarded by experts
familiar with it's conditions as the ideal
region of all the world for iron and
steel manufacture. If the iron ore de-
posits Of the upper lake region of the
| United States were alongside great coal
mines and quarries of the best grade of
| limastOpa tho condition mould I,a ooy,,
parable to that existing in Shan 81.
Everything needed for the most econo-
mical production of the best iron and
steel is at hand there and the trans
portation facilities will be of the best,
because of the possibility of developing
at small cost the best water transit.
The United States Steel Corporation,
it is now explained, several years ago
conceived the idea that there must some
day be tremendous demand for iron
and steel in China. The Steel Corpora
Ition's far-sighted managers anticipated
an era of building and investigated the
possibility of making steel rails and
other heavy iron products in China
They found that the country has every
thing necessary, including an unlimited
supply Of the cheapest labor in the
world.
Efforts were inagurated, it is said
to obtain control of necessary deposits
of coal, iron and limestone. There are
enough of these materials now under
1.-THE dominion of the Steel Corporation
in Shan 81, it is declared, to make rails
and other steel for all the railroads
China will need in hundreds of years
even If it should take on the most un.
Expected development.
Several years ago plant was erected
in that province for experimental pur-
lposes by the Americans. 1t has shown
that the coal and ores are capable Of
; the best that was hoped for them ant
that Chinese labor can be trained very
readily to do the work as we'll as the
white workmen of the Occident.
People who have studied this expert
mental work in China express the opin.
ion that a generation hence the United
States Steel Corporation will be domin.
ating the steel business of the far cas-
as completely as it does that of the
United States now.
There comes also from the Alabama
iron district an interesting narrative o
, projects of the Steel Corporation plans
for the further development of the in
dustry in that region. The big Ameri
can steel concerns control the great orr
deposits of the province of Santiago
Cuba. This is said to be the riches
large deposit in the world, because i
? contains an admixture of nickel in thu
proportion necessary to make the fines
, steel,
This Cuban ore, it is explained, is t,
be brought to a great plant which i
= being established on the Warrior rive
in Alabama and there smelted. TIL
. reduction of the duty on ore gave tn
assurance that this project would b
successful. The transportation will b
as cheap as, or cheaper than bringing
= the Lake Superior ores to the Pennsyl
- vania furnaces, while the Cuban ore
=, are declared much better than those o
the Superior region. Vast changes i
n the whole iron and steel industry ar
predicted as a result of this develop
ment of the Cuban ores, and the Sout
. is in line for immense benefits.