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Show BILLION TONS OF nnjE IN UTAH Expert Believes Time Close at Hand When It Will Be Converted Con-verted Into Steel. WASHINGTON. April 12. A. prophecy tliat the ores held by the United States Steel corporation would be exhausted wlthlu twenty-five or thirty years and that the natural resources of the far west would be utilized was made today bofore the house steel trust committee by Joseph Scllwood. nn ore expert, who says he has scoured the North American Ameri-can continent ln search of merchantable ore. ' Mr. Soliwood said that ln Utah there were known to be a billion tons of merchantable- ore. This ore can bc used to niako atcol just as well as any other ore, but It Is not near coke or coal or fluxing material, he said. ".But," continued 2Ir. Scllwood, "there is a great market in the west for steel and a growing market ln the central west, and the time will come when it will bo practical to ship that western ore enat or to ship from the east the coke and coal." Several years ago, Mr. Scllwood explored ex-plored the Utah ores for James J. Hill, the late John W, Gates and tho late B. IT. Harrlman. They considered thoac ores a reserve, "How long do you think the Utah ores will be considered moroly a reserve?" asked Reprosontntlvo Gnrdner. "Probably twenty-five years-" Mr. Scllwood thought the time would come when It would be practical to build 3tcol plants on the Pacific coast and lold of when Oatca and others had considered consid-ered erecting a steel mill nt Lou Angeles- With the completion of the Panama Pana-ma canal the availability of the western west-ern ore, It was suld, would Increase. Air. Soliwood said there were deposits or o5 per cent metallic Iron ore at Moose Mountain. Ontario, aggregating 10.000,000 tons, and at Antlkocan. Ontario. 10,000,000 Ioim! In Newfoundland and Nova Scotia, he ?a!d. there wore similar deposits with which ho was not familiar. Ore deposits de-posits in Alaska, he said, should bo dls-rountod. dls-rountod. From hearsay he declared ha would estimate the merchantable ores In Alabama at one billion tons. |