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Why is Cole considered to be a back bone of the steel industry ?
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Why is Cole considered to be a back bone of the steel industry ?
 Cole is the United States Steel Corporation in this big Northland. He is the head of the finest and most delicate industrial mechanism in the world. This mechanism, in a way, is so fine that it may be said to be almost non-existent. It is simply an "organized and capitalized intelligence." The Steel Corporation will mine some eighteen or twenty million tons of ore in Minnesota alone this year. Yet it owns not a dollar's worth of property in the State. As a corporation it does no business in the State. It might be described as a huge octopus, and each arm of this octopus, representing a big mining interest, works independently of all other arms and of the body of the octopus itself. Through these arms the corporation accomplishes its aims. Each huge mine has its own executive organisation, is responsible for its own acts—but it must obtain results. The "central intelligence," or body of the corporation, is there to judge results, and Cole is the power that watches over all. Officially he is known as the president of the Oliver Mining Company, the greatest organisation of its kind in existence, which attends not only to die Steel Corporation's interests in Minnesota, but in Michigan and Wisconsin as well. As the great eye of the world's largest trust he guards the interests of thirty-one mines, employs fifteen thousand men, and gives subsistence to sixty thousand people. Because of the transportation of this mighty product Cole is as closely associated with the Lakes and their ships as with the ranges and their mines. It has been said that he was "born between ships and mines," and he has always remained between them. He is one of the most remarkable characters of the Inland Seas. Cole is only forty-seven years old, and for thirty-nine years he has earned his own livelihood, and more. When six years old, his father was killed in an accident in the Phoenix Mine. Baby Tom was the oldest of the widowed mother's little brood, and he rose to the occasion. At the age of eight he became a washboy in the Cliff stamp mill. He had hardly mastered his alphabet; he could barely read the simplest lines; never in this civilised world did a youngster begin life's battle with greater odds against him. But even in these days the great ambition was born in him, as it was born in Abraham Lincoln; and like Lincoln, in his little wilderness home of poverty and sorrow, he began educating himself. It took years. But he succeeded. This is the man whose name you will hear first when you enter the mining country. To chronicle his rise from a dusty Calumet office of long ago to his present kingdom of iron would be to write a book of romance. And there are others of the iron barons of the North whose histories would be almost as interesting, even though fortune may have smiled on them less kindly. 
From the immensity of the interests which Cole superintends one might be led to believe that the iron ore industry is almost entirely in the hands of the trust. This, however, is not so. For every ship that goes down into the South for the trust another leaves for an independent. Nearly every maker of steel owns a mine or two in the ranges of Minnesota, Michigan, or Wisconsin. There are five of these ranges. The Mesaba and Vermilion ranges, both in Minnesota, produce about two thirds of the total product carried by the ships of the Lakes; the Goebic, Menominee, and Marquette ranges are in Michigan and Wisconsin. Somehow it is true that nearly every great thing associated with the Lakes is unusual in some way—unusual to an astonishing degree, and the iron ore industry is not an exception. Probably not one person in ten thousand knows that one lone county in this great continent is the very backbone of the steel industry in the United States. This county is in Minnesota. It is the county of St. Louis, and is about as big as the State 

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Why is Cole considered to be a back bone of the steel industry ?
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