The Birmingham age-herald., 1914-03-20
Estimated Cost to South Bethlehem Put at ' 3-4
 Cents Per Ton
ALL OF HIS VESSELS
 TO BE BUILT ABROAD
Guggenheims Expected to Make Some Similar Arrangement for Bring ing Copper Ore to This
 Country
By HOLLAND

New York, March Especial For sometime after Charles M. Schwab. act Ing for the Betliehefa Steel company, obtained the iro1 mine concessions from Chile, there was a good deal Of doubt about the expedient way of malS- ing the ore available for manufacture at South Ethlehen. The concession t. self was one Of the largest every granted 70 a foreign corporation Mr. Schwab's reputation as an unsurpassed authority upon ron and steel manu- fracture in all it's phases presumably was one or the influencing reasons for Chile to grant this concession There We're, of course, otter reasons, one Of them being the part MT. Schwab and ms associates are to take in perfecting' certain of the public works of Chile.
 The mines which Mr. Schwab' S fcorn- pany will operate are, fortunately, To- cated near the sea coast It is there fore not necessary to build rail- road for transporting the ore from the mines to the coast. Skillfully de- vised gravity apparatus will do, that The ore itself is rich in iron. In each ton of ore there averages about 62 per cent iron, and it is of a quality espe- cially adapted for some of the manu- featuring carried on in Mir schwab's plant.
 But the great question which it has been necessary to answer before the ore could be brought from Chile to Philadelphia was this. What is the most expedient, the commercially practica- hle 1ef bnI of isfactory steamship charters could be secured, rnnning for a long term of years, not less than 10-if possible as long as 2O-then that would be the economical and exredient manner of securing transportation. The only oth- CT alternative, was one which would nave compelled Mr. Schwab to build steamships especially designed for ore transportation purposes.
 The official announcement is made that the question has been answered in favor O. steamship charters, MT Sehwab has been compelled to go abroad to secure the steamships. They are 10 be built in England, although the charters are obtained from a cor roration of Sweden. Within two years there should be five of these steel vessels constructed presumably upon the models--modifiea possibly in some
 
 ore from Duluth through the Great Lakes to the manufacturing plants The steamers in the aggregate will be capable cf transporting S5.000 tons of the ore ard presumably will be in con stant employment after the mines are in operation. ThS estimated cost per ton unit of the transportation of this ore from Chile D South Bethlehem is "A cents.
 After the Canal Is Opened
 The utilization of Chilian iron ore with profitable results at a great plant as far away as South Bethlehem is from Chile is unouestionaoly one of the results consequent upon the con- struction of the Panama canal. Mir Schwab's company will make early utilization of the canal and the chart cred steel steamships bearing iron ore will' several times a year pass back and forth through the waterway. Whether they will be utilized upon their retutn to Chile for the trans portatior. Of commodities produced in the United States will probably not be known till the fleet is in actual sery- ice.
 An Io,nortapf C0uSidorafiOn