Iron Industry
In 1865, the Oregon Iron Company was incorporated with the goal of making the town of Oswego an industrial center for the smelting of the abundant iron ore in the area. The company purchased the entire town of Oswego, including the lake and surrounding hills, which were rich in not only iron ore, but trees that would be turned into charcoal to feed the furnaces. Population in the town boomed, aided by the opening of a narrow gauge railroad from Portland in 1886. The Oregon iron industry peaked in 1890, but with the availability of cheaper coke-fired iron and steel mills, by the early 20th century it had nearly collapsed.
Read more about this topic: Oswego Lake
Famous quotes containing the words iron and/or industry:
“I was even more surprised at the power of the waves, exhibited on this shattered fragment, than I had been at the sight of the smaller fragments before. The largest timbers and iron braces were broken superfluously, and I saw that no material could withstand the power of the waves; that iron must go to pieces in such a case, and an iron vessel would be cracked up like an egg- shell on the rocks.”
—Henry David Thoreau (1817–1862)
“Do not put off your work until tomorrow and the day after. For the sluggish worker does not fill his barn, nor the one who puts off his work; industry aids work, but the man who puts off work always wrestles with disaster.”
—Hesiod (c. 8th century B.C.)