Word: mesabi
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...industrial might of the U.S. rests on iron. Over 75% of all U.S. iron now comes from the fabulously rich Mesabi district (in northern Minnesota) which is currently yielding nearly 100,000,000 tons per year to feed not only the steel mills of the U.S. but many in Canada as well...
This week ice breakers are out, smashing a channel to the Soo canal. Behind them Coast Guard boats are placing buoys, checking lights. At the ore docks, 70-ton cars of ore from the fabulous Mesabi range wait for the first ships, the Great Northern Railway men stand by, ready to smash a record made last October-333 ships loaded, at an average time of 2 hr. 35 min. per ship...
...prelude to the big steel news of the week. In Shillings' Mining Review (iron ore trade paper) for Jan. 20 appeared a full-page advertisement announcing: Oliver Iron Mining Company, Subsidiary of the United States Steel Corporation. Producer of iron ores from the Lake Superior District. Mesabi ores for sale on long or short term contracts. Wolvin Building, Duluth, Minn...
Fabulous is the story of U. S. iron ore, legendary its characters. In the early 'gos two brothers, Alfred and Leonidas Merritt, borrowed $420,000 from John D. Rockefeller to exploit Minnesota's famed Mesabi iron range, overextended themselves financing transportation facilities, building up a $29,400,000 corporation. During the '93 panic, John D. called his loan, took over the property at a $29,000,000 profit. Meanwhile, in 1892, another U. S. steel pioneer was at work on the Mesabi-Henry W. Oliver, who joined up with Andrew Carnegie's right-hand man, Henry...
...croquet sets, duck decoys, fishing tackle, riding boots, bathing suits, bicycles, travel books, pianos, phonograph records, violins, skis, garden seed, sailboats-a vast index of their tastes and needs, as fundamental to the U. S. temperament as the commercialism generally applied to it. If the iron ore of the Mesabi made it inevitable that there should be a vast steel industry in the U. S., the first glimpse of the Rockies, steel-blue and airy, made it inevitable that there would always be a U. S. market for pack saddles; and the first glimpse of the Yellowstone or the Shoshone...