File:History of the manufacture of armor plate for the United States navy (1899) (14759279256).jpg

Identifier: historyofmanufac00amer (find matches)
Title: History of the manufacture of armor plate for the United States navy
Year: 1899 (1890s)
Authors: American Iron and Steel Association, comp
Subjects: United States. Navy Armor-plate
Publisher: Philadelphia, American Iron and Steel Association
Contributing Library: The Library of Congress
Digitizing Sponsor: The Library of Congress

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under the same conditionsand prices stipulated in the armor contracts for theAlabama, Illinois, and Wisconsin, which specified the Har-veyized quality, at a price of $400 per ton. The De-partment rejected the offers, but contracted, however, forHarveyized armor at ;400 per ton for the monitorsFlorida, Connecticut, Wyoming, and Arkansas, this qualityof armor being regarded as sufficiently good for the lowfree-board harbor-defense vessels. Since Congress has thus interrupted the constructionof United States warships the selling values of all cus-tomary forms of iron and steel have more than doubled.Not only have the prices of iron ore, fuel, pig iron, andlabor greatly risen, but even at these higher prices it isextremely difficult for iron and steel makers to meet theurgent demands upon them. It is under these circumstan-ces that Congress must now consider what course it willtake in regard to authorizing purchases of needful armor. o w B ro w O O > r> o r> w O >•n U> 3
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ARMOR PLATE FOR THE KAVY, 29 APPENDIX. EXHIBIT A. The following letter from the Carnegie Steel Company fully answers thecharge ivhich has been made that, under the prices Jieretofore paid forHarveyized armor, unusual profits have been made by the manufactur-ers, sufficient, in excess of a fair return, to reimburse them for the costof their plants. Sir : There seems to be an impression prevalent that we have madeunusual profits on armor. We beg your kind perusal of the followingstatement, which we believe must correct this most fallacious belief. IN THE MATTEH OF THE COST OF ARMOR PLATE. Deductions from the figures now before Congress in the Eeport ofthe Hon. H. A. Herbert, late Secretary of the Navy. Total value of the Carnegie armor plant $3,376,019.77 Average date of expenditure, determined from same Report: March, 1892.Armor shipped October, 1891, to March, 1897, inclusive, 12,482 gross tons—an average of 2,270 tons per year.Proceeds of same, $6,764,476.87, or 1541.94 per ton. Pe

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