OCR Text |
Show IRON U'OHKi. "'.'.'. ' in a ; if !'. , .i , t'. i" i.r :i l. : -If. ... I ii. .; . w tu.ii a r i i . it L u. ; . : (in fi ,111 .""it I. . K .,' '1 I J JTii'i'fii ill (,t i . : . II : I i . '-' V.'.-lu.- ! . N-.i y :. i!.'. . b: 1 1.: i: li ' i : .! 1 :i. j. : ' i:.' u. '1 ' tr..:-1 in ti.. i 'I -t:.-;'. , !. .' '. . ri. i. ' i r ,1 'f: . !' x i-: r-.- ,ti r . a an I : !i '.!' ti.-: : ln:i..-ril I v - .!.:.:. Ye' li..t it -.r inlrrior it-i 1 1 1 1 i y ii,.i -r. d: i i' i In r-f i -it -ii j ,' i , - f : :i : . . u -ry t " '. r. k. ii.l !'n. in ti..: f.f . a t, ..r - t., Hi- ', an ii..!: 1 ;'!.' f 1! - N fir-: i .it I. iii i r i iy l'-r tie :i.. i r an 1 f .il.'i 1' V M. ill. 1 t ..'!.: : i a -i 1 !;....- will il. n. an I a .-ij i.'y ..-!' u. ..-':. .le r. Hi. --li tl. . ,t a-, i i i'-i : ' :' of In nii.iii: ti li -M :.! Ii-i'. 1, ! ui.i : t -..-u L--; in r- i i.f, a!'.-:f it l.ai I,- . iin..irt- 1. li it iiy i li ; .: t it af. ail'.' V, .y ,.,t 111 it . ( '.' A I.Uii-ll- 1 i-i 1 -i ;, V.- 1 .!..l..!.: U I ii -. -1 a. i. ii t ti.-: I til! illW.'.V -1 ill tl.-- i ' 1 -'..Hi I I'.. 'Ll'.'l in -ti li. il ii i-' . i ; . - r in t ! .-: tat! i:..'i 1 w : .-.iiii '-f v. .-li t-i n-ni ti tin w ii 4 i ''I'll-- 1 1 .ii 1 1 t . : 1 1 !i. r.-. I. lit li.it tin: it Hi." An 1 .-.-I .in I '. i r . I -1 1 1 a I. mi li-.t. l-'n-t, with r- .-ir-1 t.i i:i'..ii 1j- ni ti iii'i- li cii.-ap'-r, i!i.s aii-wi.-r i.- luilil -lit: 1 III tll: f i. t tii.lt Ilia :lilll.:ry i. Bii.f. --li.ilj iiia lc in ili. -i L-i:y to tlay. a 1 1 1 1 ran ft: Mii-1 in 1 t a-t tliat liftju'lll li.iin I'm ra.t, fy tli.; t'ti-tiii.-iullVL .V.vtlty Wuri an-1 tliu City Crc-L I't.iin.liy. I! it tiit-ir c.i..i -ity i liuiiti t, Ti.ir li ivtl lh--y capital tn LMiiau't: mi lli .-it-iidy lu tn.-.-t tliu .'tuat il.-nmn-l tit tin: .r.----iit, ln:ii li lt -t thai (tr.-alt r inn: lii. li a IV uimitlm wil. ulit.w; fnr c.i t. t-ratitin, l.kt: t-vt-rytl.in j i'1-i-, P iiuift ('ij.it il tn ri'a.-li cxlt'll-ivt-iiiunnlat tiiriii. l-ia-tuin irtin wui L can lo Mice t.-ftiily C"iii-cc.l willi f) (ho r. . r in vi'-t in-iii of a Milli..-it tn Mii'Mint of cajuial, f-r tlit: irnn can Lc l.rmu lit hi fv, even if ii.-t mail : in thr 'rcriiiniy, ut ii ficmlit charito mi iiuicli 1c--h llian in icliinrry that it Wtinl l pay the il.llt-i ciict-, it any exists, hctwccii tin: i au-s of lahor autl ) it-M a liaiul-oiuc prolit lic.-.il. '.i in inMitiiin to the prolit-n-cnrctl 1 y tin: eastern irnn-wuikers. Antl the i--talilihincnt of iiunw.nk In it-, im an c.tenivo calc, woulj be but tho bcitinnir. t'fa .-.niircc of wealth which ca'i be only vaitneiy .'pccu'uteci on in i xv. for the ilevcloptticnt ot' the iron mines, to which m much attention lias leeniveii, woull cei tainiy follow tin- i'Mal.!i-hnH-iit ot' tic-h works. John li.chaui-, li.-.p, of tho Kich ar.ls ir.tn Wi'tks, Chicago, was in ttwu a il iy or tw.) nyo. Lookup artunul him, In1 ,-aw hero an iinnien:o li 1J ot opera! ions, wheio u gigantic tr.i.lc conlil bo built up rapidly, lie. i-aw mines bcini; tipi-ncJ, nil. is ct'ining in. fniuatv-i b.-iii.' erected, .-tea n enitiue.-re.iuiictl. enitiue.-re.iuiictl. machinery of all kinds in coii.-t.uit dc nan. I; and ho saw that car-loa.l car-loa.l ul'ier car-loa 1 of this machinery was arri viiisi week'y fiom the east. -believe be was so impressed with the iuip.irtanco of this point, as a centre for the m.imif.i.'turc of iron, that he prcpo.-od either to establish branch works here, if some eucourayeinent would be otli red ; or to move tho Chicago Chi-cago works to this city. leaving a branch of tho business tin re, if c"alt Lako cap italists wou:d puic.ia.o t lie st.-ck now held by a minority of tho stockholders in I'hicao who w uid not earo to follow fol-low the concern here. A majority ot the stockholders, himself included, strviiyly favor tho idea, and won ii hold on to their st.ck in an incorpo ratiou here, tafisti.d that larger profit would accrue fiotutho works o.-tablh-h-cd in this city than are now realized in Chicago. This is a matter that closely atl'cets tho business prosperity of tho Territory as well as of this ci:y. AVhcthcr the Uichards' Iron Works are transferred here or works of a similar eharaetei are estahlbhcd, is not so much tin iiuestion before us this mornir; as tht importance of having such works. bcititi with, iroa can bo fiel-htcd hen. at a cheap rate: iheu fellows tho open in;! up of the vast deposits cf iron ore in tho Territory, which we thick wh yet prove its chief source of wealth The ore is here: the material to erec: cupola is hen.-; c-eal co:-.:a:n:.;i th rvq-.iui;e eirbv-u :s now heir; uiiuec hen-: a.i-i th.ro are practise! iron workers and skilled rsacr.in::s :a iri Territory; so thai a i that is re.iuired i a cvmiucrtc-outctit. Iron-works woul five thi Is tl.cre cayhal c:-.;u;h a hand to aovv;v.plh if no:, let u invite capital for the purpose. I; w:. pay, and psy well. |