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Show MAKES STEEL FOB THE WORLD. United States makes more than one-third one-third of the world's entire production of steel, G. P. Blackiston, Iron and steel expert. ex-pert. In his "Story of the 8teel Industry," running serially in the Technical World Magaslne. says: ' i "The United States makes more than one-third of the world's production of steel fifteen .millions out of a total of thirty-six and one-half millions- of tons; It is the ricest and most prosperous among the nations. The two statements are complimentary. Germany comes second, with an annual production of 8,000,000 tons; and England third, with 6,000,004 tons. - ' "The 460 steel works scattered throughout through-out the United States represent a total Investment of over $422,000,000, and pay $103,000,000 annually in wages. These figures cover only the actual production of steel in its crude iorm. a process In which man has been rapidly superseded by the marvelous and all but human ma-'chines. ma-'chines. The magnitude of the -Industry In Its entirety, representing a capital of billions and employing millions of wage-arnera, wage-arnera, may therefore pe imagined'. |