Business: Harriman Manganese

William Averell Harriman, U. S. financier who has been cruising about central and eastern Europe the last few years seeking opportunities for investing his money, last week clinched control of all manganese ore mined in the Soviet Union. Two years ago the Soviet gave him a concession to mine manganese, invaluable ore for toughening steel, in the Caucasus Mountains, between the Black and the Caspian Seas. He was to pay the Soviet Government $3 for each ton of manganese mined and to rebuild a railroad from Tiflis to Poti. He had to produce at...

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