.British Empire, has offered to assist in financ- 

 ing the Dominion Combing Mills to the extent 

 of a loan of the cost of the machinery, for 10 

 years, if purchased in England. The opportuni- 

 ties for the expansion of the Canadian woolen 

 textile industry are apparent when trade figures 

 show that whilst Canada exports in excess of 

 $11,000,000 worth of wool and wool products, 

 she imports more than $120,000,000 worth. It 

 is likewise learnt to the advantage of the Cana- 

 dian combing plant and the textile manufactur- 

 ing industry that should Canadian farmers be 

 unable to supply the former plant with all the 

 raw material it should require, Australian wool 

 can be handled cheaper at Trenton by J^ to J^ 

 a cent per pound than if landed at London, 

 England. 



There are limitless possibilities to the benefits 

 the new industry can bring in its wake. Under 

 the compulsion to sell their product in a foreign 

 market, many Canadian farmers found it un- 

 profitable to raise sheep. An adequate home 

 market for wool should stimulate the growth of 

 the herds all over the Dominion. This would 

 indirectly help the packing houses which handle 

 the carcasses and the tanneries which handle 

 the hides. Inevitably it must tend to enhanced 

 business, domestic and export, and bring in its 

 train all the advantages which manufacturing a 

 finished article at home has over exporting the 

 raw product to be imported back in a manufac- 

 tured state. 



Maritime Iron and Steel Industry 



The iron ore, coal, and fluxing materials which 

 are found in abundance in the Maritime Prov- 

 inces of Canada have given rise to the iron and 

 steel industry of that area, which has developed 

 to be the greatest of the Maritimes' industrial 

 activities. The growth of the industry has been 

 gradual but steady, and its history over the past 

 hundred years has been one of progress towards 

 giving the area signal renown in this regard. 

 The annual production of this industry is about 

 $35,000,000 per year. 



Nova Scotia has numerous deposits of iron 

 ore of limited extent, some of which are of 

 considerable value, but profitable only as they 

 complement other sources of ore supply. In 

 other necessary materials Nova Scotia is likewise 

 well favored, there being plenty of limestone for 

 flux in various parts of the province and several 

 important coalfields. In New Brunswick several 

 deposits of iron ore have been discovered, but 

 the majority are as yet of little economic 

 importance. As this province has not the coal 

 resources of her sister province, the iron and 

 steel industry is not so important as in Nova 

 Scotia. 



The Industry Dates to 1825 



The Maritime steel industry had its small 

 origin at the hands of English capitalists in 

 1825 when ore in Annapolis county was developed. 

 Deposits at Stellarton, Woodstock and other 

 places were subsequently developed by enter- 

 prising concerns, the industry on a whole passing 

 through many vicissitudes and tribulations. 

 The real history of the gigantic modern industry 

 which exists to-day dates from 1909, when the 

 Dominion Steel Corporation was formed by an 

 amalgamation of the Dominion Iron and Steel 

 Company and the Dominion Coal Company. 



The greatest development in the Nova Scotia 

 steel and iron industry was the formation in 

 1920 of the British Empire Steel Corporation 

 with an authorized capital of $500,000,000. 

 This was a merger of the Dominion Steel 

 Corporation, the Nova Scotia Steel and Coal 

 Company and the Halifax Shipyards. Its 

 effect was to centralize the control of all the 

 large profitable coal areas of Nova Scotia, the 

 iron ore deposits of Wabana, Newfoundland, and 

 an adequate number of limestone quarries under 

 one management. The corporation has approxi- 

 mately 37 collieries, with a combined yearly 

 output of 6j/ million tons, or 93 per cent of the 

 output of the whole province. The iron deposits 

 of Wabana are practically inexhaustible. The 

 Halifax Shipyards, located at one of Canada's 

 most important ports, is an important user of 

 steel products and heavy marine forgings, which 

 the steel subsidiaries in the merger are equipped 

 to provide. 



Sydney the Steel Centre 



Sydney, with $150,000,000 invested in its 

 industries, is the great centre of the Maritime 

 steel industry. There are six blast furnaces with 

 a combined capacity of 1,600 tons of pig iron 

 daily, ten five-ton open hearth steel furnaces and 

 other complete equipment. The output of the 

 plant is in excess yearly of $36,000,000. The 

 plant at Sydney Mines comprises 150 coke ovens, 

 two blast furnaces and other equipment sufficient 

 for the continuous operation of one furnace 

 producing 300 tons of pig-iron a day, five fifty- 

 ton open hearth furnaces and complementary 

 equipment. There is a manufacturing plant at 

 Trenton for turning out forgings, car and 

 locomotive axles, polished shafting and bars, 

 industrial rails, railway plates and structural 

 steel shapes. Adjoining this plant is one for 

 turning out steel, wooden and composite cars, 

 the present capacity of the plant being 25 steel 

 frame box cars per day, which can easily be 

 doubled. 



The iron and steel industry of Nova Scotia 

 is now concentrated under the management of 

 one concern, owning its own mines of coal and 

 iron ore, properties sufficiently large to enable 

 production to be carried on for centuries. All 



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