A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 1 : Trusts > Steel Kings > U.S. Steel  :      Previous  1 - 2 - 3 - 4 - 5 - 6 -
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 United States Steel Corporation

Page entitled : Rockefeller and Lake Superior Consolidated Iron Mines

Content of this page is about :
How an unforeseen sideline investment of John D. Rockefeller sr became the iron bonanza of the Lake Superior Consolidated Iron Mines and its threat to the planned steel trust

Extract :
... the rights on the remaining 1/6 of the iron ore produced in these mines for twenty years. A much more important, or even essential transaction involved the acquisition from John D. Rockefeller of the Lake Superior Consolidated Iron Mines, the second-largest holder of iron ore properties in the USA.   ...


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