Fifty years of iron and steel (Google eBook)

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The Penton press, 1918 - Iron industry and trade - 114 pages
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Page 90 - Moderns, which was prolonged into the nineteenth century, forms one of the most interesting chapters in the history of the...
Page 10 - The invention of the Bessemer process, or rather its perfection and development, is generally regarded as the longest single step in the march of progress that has brought the iron and steel industries to their present stage, but there are other discoveries that seem to me even more important. We cannot make steel without iron, and therefore of even more moment than this invention were such things as the discovery of the Lake Superior ore ranges, the invention of the furnace top, the use of coke...
Page 31 - In 1856 there were twenty-one furnaces in Pennsylvania and three in Maryland which were using coke, or were adapted to its use, and their total production in that year was 44,481 gross tons of pig iron. After 1856 the use of this fuel in the blast furnace increased in Pennsylvania, and was extended to other States, but it was not until after 1865 that its use for this purpose...
Page 45 - ... with practically no manual labor. "In the old days men with shovels loaded the ore at the mines into small cars, from which it was transferred to railroad cars. They handled it again the same way four times before it reached the furnace, for even the hopper car had not then been invented. Aside from being the most laborious task to which a human back was ever bent, this was extremely costly and slow beyond your belief. Now we handle this vast tonnage entirely by machinery. Steam shovels mine...
Page 88 - ... realized, was an entirely new principle in business conduct. The idea of co-operation, rather than competition, in business was then untried, and most of us thought that it was impractical. We have seen it worked out, and we now know that this idea is basically sound. We have had occasion to know by experience that the United States Steel Corporation, managed as it has been, has been a most excellent thing for the iron and steel industries in this country and the world, and, so far as I am aware,...
Page 91 - ... in the trade. He had, in his relations with Andrew Carnegie, done inestimable service in blazing the way for a better understanding of business honor and rectitude. These relations and their outcome form an incident so striking that I should like to say something further concerning them. However, to those familiar with the matter it will be sufficient to say that...
Page 50 - I will not say that Birmingham will furnish the world with iron, but I will say that she will eventually dictate to the world what the price of iron shall be".
Page 91 - However, to those familiar with the matter it will be sufficient to say that these relations probably had a good deal to do with the formation of the Steel Corporation, and that their outcome illustrates the fact that, in the steel business as in other walks of life, ability usually wins. Mr. Frick remains one of the most important figures in the industry, and his work on the Finance Committee of the Corporation has added to the universal esteem and respect in which he is...
Page 70 - JT Potts, who had been sent to this country by CW Siemens to have charge of the erection and starting of the first regenerative furnace which was built in this country.
Page 14 - ... as we now know, there is a very considerable difference, so that our wind varied about as much in temperature as it did in pressure. If you reflect that the blast in those days was blown usually by an engine that had been worn out on a Mississippi River steamboat, and that it was the usual thing for the men about a furnace to operate the walking beam when the engine broke down, you will have some light on the strength and steadiness of the hot blast of that day. It was about 1868 that the Player...

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