End of Independence
In 1889, No. 3 stack was raised, and No. 4 went out of service in July 1890. The Crane and Thomas Iron companies leased the C&F to the Reading Railroad on December 8, 1893, and Crane Iron sold off its share to the Reading entirely from June 5, 1896, leaving the line-haul railroad business. During the 1890s, Crane Iron also participated in the experiments of Thomas Edison, who was attempting to rejuvenate the then-moribund Eastern magnetite mines by magnetic beneficiation. Initial attempts were frustrated by the dusty nature of the finely-ground ore (which made it susceptible to losses both in transit and during the furnace blast), and the process ultimately proved uneconomical in competition with cheap Mesabi Range ores, which came to replace locally-mined ore. In 1899, the company was sold to the Empire Steel and Iron Company and became their Crane Works. The works was gradually dismantled, last making iron in 1930. It was scrapped in 1932.
Read more about this topic: Lehigh Crane Iron Company
Famous quotes containing the word independence:
“In a famous Middletown study of Muncie, Indiana, in 1924, mothers were asked to rank the qualities they most desire in their children. At the top of the list were conformity and strict obedience. More than fifty years later, when the Middletown survey was replicated, mothers placed autonomy and independence first. The healthiest parenting probably promotes a balance of these qualities in children.”
—Richard Louv (20th century)