BRITISH v. AMERICAN STEEL MAKERS.
Savs a leading American newspaper:
" British steel manufacturers are waking up to resist the incursions of the American Steel Trust. The leading iron and steel manufacturers are co-operating together to preserve British trade. Large tracts of rich iron ore land have been purchased in Portugal and Norway by British syndicates for obtaining the raw material. Tn the case of the Norwegian iron deposits Edison's magnetic extraction process is to be utilised upon an extensive scale. The experiments have proved that, the process is singularly adapted to the country. The. price of iron in Kiigland has fallen considerably within the last lew weeks, and the installation of the latest plants into the workshops will enable the. British manufacturers to (ill their contracts with gnsttcr Ti-leritv. One. leading linn installed jEJ2.000.000 worth of plant dining the last twelve months, and guarantee to fullil contracts in I lie same lime- that. Ihe American manufacturer can complete them. The prices are also considerably lower. In view of (lie increased tariff upon American machinery into Russia, the British manufacturers are rimming every nerve to introduce their special!jew, and their efforts aro meeting Willi HIICCCHS."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/LCP19010919.2.5
Bibliographic details
Lake County Press, Issue 980, 19 September 1901, Page 2
Word Count
194BRITISH v. AMERICAN STEEL MAKERS. Lake County Press, Issue 980, 19 September 1901, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.