THE NEW STEEL PROCESS.

Taranaki Daily News, Volume XLVII, Issue 81892, 22 November 1906, Page 4

THE NEW STEEL PROCESS.

# The Heskett-Moore process of converting iron ore into malleable iron or steel by a direct m«thod wnich abolishes ihe intermediary stages if existing systems, and which claims to thereby make a saving of 80 per cent in existing plant, and 25 per cent in present cost of production, has naturally attracted a good deal of press and public attention in Sydney. The process first came under public notice in Melbourne two years ago. Demonstrations were then given by the inventor, Mr Heskett. He nas been working out his idea since 1882. There is the magnetism and resisting? power of steel itself in the resolution of a man who gives so great a portion of life, the impetus, inspiration, and vitality of an entire quarter century, in order to evo.ve the accomplishment of a great idea. The invention has been patented in all the steel producing countries of the world. A syndicate has acquired the patent rights for the Commonwealth of Au-tralia and Now Zealand. It has offices at Sydney, Melbourne, Brisbane, and Wellington. The object of the syndicate is to float a company, with a capita: of *67s°t°°o, to establisn works on a large scale in the Commonwealth and New Zealand, and it paid its second deposit of on the sth inst. to the invenon through the manager of the Uai-n Bank of Au-tralia. Th» syndicate Ms acquired properties of considerable value at Golden Bay, containing all the necessary materials—iron, coa!, limestone and manganese; and other properties near Mud.jrr. X.S \V. The syndicate intends p r.ct big works at both these p':c- . At present tin- costly blasting furnaces and converters which the process claims to have superseded and to have rendr.vd obstilt-t,-, are scarcely to be found in Australia. In thicjnnection Mr O'Sullivan, N.S.W., M.P., pointed out not long ago that the days when Australia was regarded only as a sheep-wa!k are over, and that to atract population and to give employment, we want not only wharves, woolsheds, and warehouses, but factories, farms, and foundaries.