A NICKEL MONOPOLY.
CANADA S DEPOSITS OK THE METAL. j By Telegraph.-- Press Association. j Ottawa, January '2O. ] Sir Arthur Wilson, who. on behalt ol the Imperial doverunieiif. is investigating Canada's nickel resources, uldrcssiii" the Mines and Mineral Comii.ii.tce "t the Dominion lloii.-e of Commons, sanl that Canada possessed three-fifths 01 the world's store of nickel, and that the balance was in New Caledonia. An American Trust, namely, the International Nickel Company, New York., controlled these areas. He strongly urged Canada i,o assume control of the country's nickel resources, which would benefit both the Dominion
«iul the Umpire, (living to the trust's control the price of nickel was so high that only (loveniments were i*UU- to liny the mineral. There were tens of millions of tons in Canada uncxploited bec-ause the trust, did not wish to uork tliem yet. The mailer, lie declared, was one of .""iprrial urgency. The (iovcnimeiil should assume coniro! of the nickel deposit-;, and insure 11 rent I'ribiin mi enormous advantage over all the other countries in connection with the consiniciion of battleships.
The committee decided to mvc-tigalf the operations of the trust.
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Taranaki Daily News, Volume LII, Issue 295, 22 January 1910, Page 5
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187A NICKEL MONOPOLY. Taranaki Daily News, Volume LII, Issue 295, 22 January 1910, Page 5
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