Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-11-22
MZZZ7ONMW
SCHWAB TELLS
OF HIS PLANS
Bethlehem Steel After War
Will Go After CONNER
cial Supremacy

@oAsimoAS, hu., NOV. -. AT the
present time $500 men are employed
at Sparrows Point; our plans contem-
plate the ultimate employment there
Of from $4,000 to 10000 men, with an
annual payroll in Baltimore of some
10000, 900.
Our program calls for an expendi-
ture here in plant and equipment of
about $4,000, 900. We will have an
annual capacity here of about 1885,
goo tons of steel; and we will pay out
In freight rates to transportation COM
pahies entering Baltimore some S20,-
ouo,oO0 year." declared Charles NJ.
Schwao, chairman of the board of di-
rectors of the Bethlehem Steel Com
pany, last night at the Belvedere ho-
tel at the conclusion of a most elabor-
ate banquet n banquet of welcome
oy Baltimore, and in the presence of
the most distinguished gathering
which has, perhaps, ever assembled
IN Baltimore. These ambitious plans
Tor Baltimore brought forth a round
OF applause by those business men
upon whose ears they fell. the men
VINO make the wheels of Baltimore go
around,and thunderous and sirene was
the applause, for Baltimore was real
lzlng the dream of a lifetime, the in
uustrial development which belongs
to the city by right of location, by nat
uraI advantages and shipping facili-
| ties. .......
These are but parts of a much
larger program covering the devel-
opment of the Bethlehem Steel Cor
| poraton as whole" continued Mr.
Schwab. Our work at Baltimore will
be in building ships and producing the
heavier grades of steel products. We
nave another large program of i'm
provement under way at Harrisburg
and an even more extensive program
| under way at Bethlehem
our facilities here, when COM
pleted, Will embrace four new blast
furnaces. with the appropriate power.
! ore handling equipment and other
auxiliaries; four plate mills, equipped
with every modern improvement to
manufacture complete lines of COM
merclal steel products; three modern
merchant bar mills; "a tinplate and
sheet mills; one wire rod mill and sutfi-
cient open hearth and Bessemer
blooming, slabbing and roughing mills
to supply the needs of all the forego-
| ing.
To Erect Large Drydock
In addition. we shall develop suffi-
cient byproduct coke oven capacity to
supply all coke requirements for the
entire plant: we shall make substantial
extensions to our shipbuilding facili-
ties, including the building of a new
drydock as large as any on the Allan
TIC coast and adequate to accommo-
date the largest dreadnaught. To serve
this shipyard, we have now already
started to dredge a 35-foot channel to
| connect our plant with the main chan
mel in Chesapeake Bay. The largest
Shlps ahoat will be able to come into
or leave our enclosure.
In word, we plan to develop at
Sparrows Point . steel plant as large
as any plant in the United States. We
plan to develop here shipbuilding
facilities as extensive as any in the
United States.
We shall continue to concentrate
at Bethlehem our production of high
grade finished steels and ordnance
products. Bethlehem is our mother
town, and while we shall be loyal to
Baltimore, We must never forget that
1t has been our success at Bethlehem
which makes possible our development
at Baltimore, Harrisburg and else
where.
The building and construction
program for our company as a whole
SlOO,OOO,OOO. 1t constitutes, I believe
the largest single construction under
taking ever entered upon by a single
industrial corporation.
Bethlehem Steel activities up to
now have been mainly in the produc-
tion OF ordnance products and muni-
| tons. But. when our plan of improve
ments is completed, the 25 component
parts of Bethlehem Steel will consist
| of only one part ordnance-making;
four parts will be shipbuilding and
20 parts the manufacture of steel for
commercial purposes. Bethlehem will
have ceased to be primarily an ord
nance-making corporation.
! When the war is over there will
/ of necessity be a reduction in the de-
mand for ammunition steel, and there
will be some recession in steel prices
generally. But the domestic demands
! for steel rails, for building, and for
numerous other purposes only await
a more normal condition of trade to
press forward for prompt satisfaction
Those domestic demands alone will
absorb our steel capacity for many
wears,