Excerpt from The Journal of the Franklin Institute, Vol. 167: Devoted to Science and the Mechanic Arts; January-June, 1909
Continental United States has been but imperfectly explored, but in Wyoming, Colorado and New Mexico exploited deposits maintain an iron and steel industry approximating in capacity the product of Sweden, and show large reserves of available mineral.
The abundance of our minerals, the comparatively low cost at which they can be Obtained and transported, and the high rate of labor which has prevailed in this country, have retarded the introduction of many economies, but in the iron industry waste ful methods have been modified, ores formerly refused are utilized, advances in metallurgy reduce the fuel and labor cost per ton of metal produced, and an effort to conserve resources is growing in appreciation.
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