From a platform high on a limestone cliff at Picton, Ont., Bethlehem Steel Corp.'s President Arthur Bartlett Homer scissored a ribbon one afternoon last week. In the dark waters of the Bay of Quinte at the foot of the cliff, the rust-red lake steamer Powell Stackhouse cast off for Lackawanna, N.Y. with the first load of eastern Ontario iron ore.
The ceremonial sendoff marked the official opening of Canada's newest major mining venture, Bethlehem Steel's open-pit operation at Marmora, Ont., which will provide jobs for some 270 residents of the industry-poor region. Trade and Commerce Minister C. D. Howe, in a speech...