. Newfoundland at the beginning of the 20th century : a treatise of history and development . imestone, of iron ore, and the immensecoal areas in the near vicinity of the Sydneys are the basis ofan incalculable developement. The Sydney mines which havebeen successfully worked for generations, have by recentpurchase, become the property of the Nova Scotia SteelCompany. No limit has yet been found to this deposit. The Dominion Coal Company whose mines are at GlaceBay, are at present producing 9,000 tons daily from four the autumn of 1900, they will have two more in opera-tion, with
. Newfoundland at the beginning of the 20th century : a treatise of history and development . imestone, of iron ore, and the immensecoal areas in the near vicinity of the Sydneys are the basis ofan incalculable developement. The Sydney mines which havebeen successfully worked for generations, have by recentpurchase, become the property of the Nova Scotia SteelCompany. No limit has yet been found to this deposit. The Dominion Coal Company whose mines are at GlaceBay, are at present producing 9,000 tons daily from four the autumn of 1900, they will have two more in opera-tion, with a daily output of 7,000 tons, and by July 1, 1901,they will have another with a daily output of 4,000 tons, mak-ing in all 16,000 tons daily output. This coal is shipped fromInternational Pier, Sydney, and from Louisburg by a railroadfirst-class in construction and equipment, extending forty milesfrom Sydney to Louisburg, and owned and operated by theDominion Coal Company. Should the Dominion Coal Company duplicate their dailyproduct of 16,000 tons as above, and even treble it, the magni-. Hon. Walter Crowe, Mayor of Sydney, Cape Breton. NEWFOUNDLAND. 191 tude of these estimated deposits is such, that centuries wouldbe required to exhaust them. The cost of iron production at the Sydneys is so much lessthan its cost at other important centres, as to give themmarked advantage. It is estimated to be $ per ton, or$ less than in England, $ less than in Germany, and$ less than in Pittsburg. The plant of the Dominion Iron & Steel Company atSydney, as shown in the accompanying illustration, has acapacity of 1,000 tons pig iron per day, with steel works forconverting this product into steel by the open hearth coke ovens number 400. Nature defines human opportunity. The designation ofSydney by the Dominion Iron & Steel Company as the site ofits vast works, is in line with that destiny which, at the incep-tion of an enterprise determines the success of its iss
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