Show THE BATrLE OF SFSEL TO STEEL Of the fierce competitor which is goIng go-ing on in the iron and steel trade and noting the present declining prices and how tho United States is pushing the I older nations aside the Financial News I says While Iron and steel were In urgent request and tho price was advancing by leap arid bounds It naturally occurred I that tin older sources of Hiipply Kngluiiu and Germany woro thylirat lo teem I and anurocliuu the magnitude oC the demand flrt lining their orderH from their own sources if Mipply and tnen protecting thcmsclvcti by 1 purchases and contracts here With a market OP tho ascending svcale thu tmdo worked Hmoothly Wltli tho rovrrso conditions and tho ditcnviry now gcncrcl that tho United States is I thu ehfiuptr bettor und controlling market mar-ket theo has come a change The world customers naturally turn to time largest cheapest and dominating Iron center I which they now recognise i ns b IIG tho United States As dollar after dollar Is knocked off the prlco of pig iron and sueol Europe recognizes recog-nizes thai L at tho lowered scnlo she H t rapidly approaching the point where In her effort to hold her trado against thn advanco of Amerlran crude amid tnunufac lured Iron ami Ktcel products the alternative alter-native will soon he l pre ontC1 of doing lU8liitiJi at II loss or stepping out t of tho rico with im That she wi yield readily Ill without 1 struggle tsVMi lo tim < point hunkrunllng hitherto prolliablo ruiiccrna Is Imrdly to be doubted That Germiiny already realizes the danger which threatens threat-ens her from the United States Is shown by tho declines In her Iron and steel Industrial In-dustrial stocks dUltrial toccs I The Iron and steel trade is the greatest great-est trade that ever grew out of any manufactured article I Is something so Immense In Its volume and forces so gigantic are brought into use In carrying I carry-Ing I on that It really makes the most striking Industrial showing ever I strlclng showinS presented pre-sented to the world One can fancy what I I panorama the completed picture would make I would begin forty miles from tho head of Luke Superior There would be steam shovels at work loading Into huge steel cars the dull ore The cars would carry their freight to 7000lon ships in the lake and the loading load-ing would be practically automatic and PO rapid that the ship would be ready to sail In six hours As one ship pulled I out another would be drawn In and then glancing down the Great Lakes Superior Michigan Huron and Erie I would be seen these ships bearing cargoes car-goes to reduction works beyond I Then thousands of coal miners would i I be seen at work there would be more machinery hoisting that ore more trains bearing it away long lines of ovens converting the coal Into coke then the converting of the Iron Into steel then the smelting smelt-ing would next be seen then the converting of the Iron Into steel then more work of engines and trains until unt with infinite clamors on the shore of the Atlantic would appear the steel bridge J or the terrible battleship and the whole picture would represent the transformation transform-ation of the ore and coal of the upper I up-per lake region into shining steel on the ocean shore and on such a scale that competition Is impossible Labor in no other field produces an effect so dramatic dra-matic and the effect upon the worlds market for iron and steel and the manufactured I man-ufactured material from the iron and ant steel has become so majestic that It has become I concernment to those nations which not long ago believed they were without rivals In those r1als materials ma-terials The age of steel is on and the United States among the nations IB at the forefront |