NICKEL WEALTH.

Dominion, Volume 3, Issue 722, 22 January 1910, Page 10

NICKEL WEALTH.

EMPIRE COULD ;; CONTROL'A-VITAL '.;.../■:/. ■'~: WAR-METAL. . ,;■■ NOW IN /HANDS;OF;AN AMERICAN. :v ■ ;> TEusT.y"•'.'.; ■-. : \':/.;. By Telegraph—Presa Assooiation-Oopyrisht. . : ;•'': ■;■':■:' Ottawa, January 20. ■ : Mr.-Arthur-Wilson, who on bohalf of the Imperial-Government has been invostigating Canada's nickel' resmirces, ■ addressing .the Mines, 'and Mineral Committee of the Dominion ..House of Commons, said tliat CanadaVppssessed three■fiftlis of the world's store of nickel, the :balance:-being'in New : ■An American, trust—namely, the International Nickel Company, of New York —controlled those areas, and Mr. Wilson . 6trongly: urged : that Canada should -ossnme: control 'of- the nickel •resources.for'the benefit, of the! Dominion and the Empire: l ; ' ', > .. ;!;.■'. ;s'o ; /", : ;. O.wing to the .trust's contr.ol, the, price xrss so high - that only, Governments"'were' ■able'.: to' buy-the mineral • Tens 'of'hiil-. lions, of tons :in Canada ; were unexploitcd beoanse'-. the;,trust did not wish yet. to work thomrib : ' ;;'■/,- \(')- : 1 ;' The matter,'; Mfe--*Wilson; 'considered, , was of; Imperial urgency, and the Government: should ' asßume 1 ' charge ■"■ of. the nickel f _d6posits in. order, to ensure ; to Bri-. :tain all other-'countries .in •connection' with-the constmction• bf.-tjattleahip^..■'."-. -'. ■; ;-. ■'The. committee decided to investigate the ■■.operations' of the. trust/.- ; . :; .r. ' ; " ;