Morris tribune. [volume] (Morris, Minn.) 1880-2000, 1921-07-29

That every cent ever received from the sale OF land
timber from royalty on iron ore is still in these
funds.
That the common school fund amounts to $685.
67o,71O.69
That iron ore now under lease will add less than
$3O,584,OOO.
That much valuable land, timber and mineral
belonging to this fund remains unsod and Unbiased
That the university permanent fund contains
$2O7s,217.87.
That iron ore now leased will add not less than
100000.
That much valuable land timber and mineral
belonging to the university unsold Unbiased
That the swamp land fund amounts to $7756,7O8O4
That swamp land minerals now under lease will add
not than ST ,222,O0
That from lease covering a lake bed the
state will receive not less than $1,50O0OO.
That there are several other lakes having enormous
tonnaEes in their beds not under lease.
That there is much timber and mineral on swamp
lands not sold under lease
That there millions of acres of nonagricultural
land admirably located and adapted to tim
culture
That an planted spruce other forest trees
will in the of few years yield return almost
equal to that of arabic land.
That biologists declare 4.44 per earth's
crust be composed of IRON
That the useful we'll the most
abundant of all metals.
That civilization could get along without gold
full is, but would perish if bereft of iron.
That only few centuries ago. owing to its rarity
steel was a royal Today it used by every
woman child in the land.
during the past century the production of steel
has grown at pace bordering the romantic.
That in 1910 the us. produced s17 gross tons of
steel, in 1918, 44,462,432 tons.
That the worlds annual production in recent years
Of from $50 IT'S million tons of iron the u S.
twice contributed more than IS million thereto.
That during the worlds Minnesota produced
and shipped high As million tons in year, and
in 192O forwarded 40 million TONS
That during several in recent years her ship
been so cent of the total output in the
U. S.; year 81 per cent.
That the manufacture of iron and steel products is
the mightiest industry in America.
That it has become the acknowledged barometer of
the lands commercial and financial status.
That the basis of this stupendous industry is the
high grade deposits of the Lake Superior Dis
tret the bulk of which found in the Minnesota
ranges.
That the billion TONS shipped from the Superior
district development, 555 million thereof
have from the Mesab the of the three Min
nesota ranges and it is so to say the backbone of
steel industry in the U. S.
That the total state tax above $1,6 14026.
That the state gross earnings tax on iron ore ship
amounted in 1920 to 81, 100000.
That Minnesota May L. 1920 had 1341 ,671 53S
tons of merchantabe iron within it's borders.
That about IL per cent of this total or 15S,647759
TONS lands belongs to the
people of this commonwealth
That from state-owned mines last there were
shipped million ore, under royalty charge
of rs cents per ton.
That the state it's lands has 80 opened
mines, p of which forwarded in 1920.
That the state mine, the Missabe Mountain,
covering 16O which contains SIS million tons of
commercial 1t shipped 23,555413 tons in 1920
This tract alone will yield the school fund SIS 900 900 in
royalty by March 2, 1912.
That it has many billion tons of iron ore bearing
material that light be valuable by concentration
That concentration at Rabbit, costing So, 100000
render valuable millions of tons worth
bearing rock including several million tons of
school lands
That Prof. E. K. soper formerly of the State Uni
versity Minnesota has $685. 900