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Show WALTER SHEAD Seaway Affects Industries THERE is far more than just the construction of dams, canals and locks in consideration of the St. Lawrence seaway. Whichever way the senate votes on the seaway and the estimated expenditure with Canada of some 720 million dollars, by far the most vital single consideration is what will happen to two of the nation's largest industries, namely railroads and steel. The coal industry also will be affected Engineers and geologists declare that within any time from 5 to 30 years the great steel industry situated in the Mlddlewcst from Pittsburgh to Gary, Ind., will use up it Iron ore sources in northern Minnesota, Michigan and Wisconsin. Unless some means can be found for processing a great supply of low-grade low-grade taconite ore, now a complicated, expensive process, two alternatives face the sleel industry: (1) To ship iron ore in from Labrador and South America and haul it by rail from the coast to the Midwest plants, or (2) move the plants to the eastern, southern or western seaboards. Then there is a by-product of some 2,200.000 horsepower of cheap electricity which would be generated if the seaway is constructed. So consideration steps on many toes. |