BUSINESS ABROAD: Metal Empire

Although few Canadians have ever even heard his name, Thayer Lindsley has probably done more to develop the mineral riches of Canada than any other man of his time. Last week the tall, spare 72-year-old president of Ventures Ltd. called a special meeting of shareholders in Toronto to announce his biggest venture: a hydroelectric power development in the vast Yukon Territory, which may cost up to $2 billion and develop as much as 5,000,000 h.p., to run a great new metallurgical development in the Canadian Northwest.

Lindsley's vast project will take 20 years...

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