Knowledge (XXG)

Dominion Steel and Coal Corporation

Source šŸ“

268: 449: 166: 608:. The associated railway service limped on until permission to abandon was granted in 1961, and the last train ran in 1962. The Cumberland Railway continued to exist as a corporation, however, as the S&L was made its subsidiary in 1961, doing business as the Sydney & Louisburg Division of the Cumberland Railway. This was done primarily to make the provincially chartered S&L eligible for federal railway subsidies. 369:(DISCO), which had funding in both Canada and the United States. Whitney was joined in the new enterprise by his long-time business friends F.S. Pearson, B.F. Pearson, W.C. Whitney, C.T. Barney, H.F. Dimock, A.H. Paget and J.S. McLennan. The promise of federal bounties, together with concessions from the Liberal provincial administration of Premier 584:) was formed as a holding company by McNaught and various BESCO investors. In May 1930 BESCO was dissolved and the new company took over its industrial properties. DOSCO implemented management processes that put a halt to the financial troubles through the 1930s. The company's fortunes were boosted by 556:
these financial commitments. As a result, BESCO's investors pressured management to force many difficult working conditions in order to achieve higher production from its workforce. This resulted in unprecedented labour unrest and militancy which would forever transform Industrial Cape Breton (see
618:
By the early 1960s DOSCO was in a continuous slide and sought to halt its decline by shutting various poorly performing mines in the Pictou and Sydney coal fields; from 9 in 1960 to 5 in 1965. Despite shedding other money-losing subsidiaries it was still losing money and under pressure from Hawker
567:
BESCO subsidiary DISCO (the steel mill) fell into receivership in the spring of 1926 after short-term financing was refused; this would eventually lead to the break-up of the conglomerate. DISCO was liquidated in 1927 but the Supreme Court of Nova Scotia refused to dissolve BESCO. Wolvin resigned
563:
Profits fell and coal and steel markets were declining throughout the 1920s as North America's industrial and consumer practices changed. BESCO management tried to desperately save the company, however bitter strikes by workers, culminating in widespread social and civil unrest in 1925, saw BESCO
555:
However, the mergers that resulted in the formation of BESCO also amalgamated an inordinate amount of debt. During its 8-year history, BESCO was in a constant financial crisis and by 1925 required an annual operating profit of $ 8 million ($ 100 million when adjusted for inflation in 2010) to meet
355:
By 1912, DOMCO operated 16 collieries, comprising 40% of Canada's coal production. The company effected numerous efficiencies and improvements. There were, however, costly mistakes, prominent among them the tendency to become locked into low-price contracts (such as to Whitney's companies), thus
219:
and the Liberal provincial administration favored Whitney's entry into the coal business because his steamships and street-railway electric generators consumed large quantities of coal. The Whitney syndicate was offered an unprecedented 99-year lease on a fixed royalty; the group exercised its
547:
The scope and scale of BESCO was truly mind-boggling. In addition to its coal mines and steel mills operating as a complete monopoly across the entire Sydney Coal Field, BESCO also operated coal mines, steel mills and foundries in the Pictou Coal Field in Trenton, New Glasgow, Stellarton and
403:
Competitors in Britain, France, Germany and the United States were initially concerned. However, continuing problems of management and cost control led to Whitney's early withdrawal from the project. Later in 1901, Whitney and his associates sold majority control of DOMCO to engineer turned
356:
missing a large market at higher prices. By 1901 some 90 percent of its output was committed to such low-price contracts. The company made a large public offering of stock, which tumbled in price when Whitney failed to get the American import duty on coal removed or at least reduced.
539:
industrialist Roy M. Wolvin negotiate a takeover of Dominion Steel Corporation from Plummer in 1919. BESCO proposed a $ 500 million merger of DOMCO and DISCO, along with various British steel and shipbuilding interests. In 1921, SCOTIA was merged with the conglomerate to form the
364:
Flushed with the success of creating DOMCO in the 1890s, the Whitney syndicate sought to create a use for "slack coal" resulting from mixing and screening processes at DOMCO's coal wash plants. Whitney expanded operations at Sydney with the organization in March 1899 of the
519:
Further consolidation of industrial activity on Cape Breton Island saw SCOTIA taken over in 1917 by American investors as its steel mill had closed in 1914, and the company focused on coal mining in Sydney Mines and manufactured steel products at its extensive facilities in
412:
The year 1901 also saw further changes in the coal and steel industry on Cape Breton Island when the rival GMA, operator of coal mines on the "north side" of Sydney Harbour, as well as a newly inaugurated steel mill at that location, sold its properties to
156:
of economic protectionist measures. It was during this decade that the leading operators on the "south side" foresaw the benefits of amalgamating and modernizing to replace lost American coal markets in eastern Canada with Cape Breton coal.
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of Montreal, and their minority share of DISCO to Ross and other Canadian interests. Whitney resigned as president of DISCO in 1902 and as a member of the DOMCO board in December 1909; he remained a member of the DISCO board until 1909.
619:
Siddeley Canada to reduce red ink. In 1965, DOSCO announced that its remaining mines had only 15 years of production left and it would not undertake any further capital expenditures and would exit the industry within months.
35: 964:
By 1972, Stothert & Pitt (Canada) was evidently no longer in operation, but Stothert & Pitt (UK) was then a manufacturer of container handling and cargo handling cranes with offices in Bath, UK. Sampson, p.
626:
come under incredible political pressure to resolve the crisis. Pearson announced the formation of the Donald Commission of inquiry into the industry, which would eventually lead to the formation of the federal
1019: 591:
Following the war, DOSCO's industrial prominence continued to slide as alternative fuels and sources for steel took force, combining with declines in government subsidization of both industries. In 1957,
923:
Consolidated in 1961 with the Sydney & Louisburg Railway; even under DEVCO it did business as the Sydney & Louisburg Division of the Cumberland Railway remained in operation. Henry Sampson (ed.),
139:
Industrial Cape Breton consisted of two distinctive geographic regions for industrial activity: the "north side" of Sydney Harbour, and the "south side". The north side was dominated in the 1800s by the
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linking the various mines. These were consolidated and operated as a department of the company, and in 1895 were extended south to Louisbourg. The railroad lines were incorporated in 1910 as the
937:
In 1972, with H.S. Haslam as general manager, this company operated 39 miles of route with offices at Sydney, NS. It had 115 diesel shunters and 1,100 freight cars. Sampson, pp. 264-265.
239:(DOMCO) was incorporated with Whitney as president, B.F. Whitney as secretary and F.S. Pearson as chief engineer. Early investors in the enterprise included Whitney's younger brother, 1039: 1029: 377:. Located on the south side of Sydney Harbour, which Whitney said offered more advantages to steel making than anywhere else in the world, the mill was completed in 1901. 596:
acquired a controlling interest in DOSCO in a bid to diversify its operations beyond the aircraft manufacturing and defence industries. In 1958, DOSCO subsidiary
1024: 1044: 252: 1049: 983: 286:. This mine would become one of numerous assets of the Dominion Steel and Coal Corporation upon its founding in 1928 through corporate acquisitions. 742: 393: 552:, and iron mines in Bell Island, Newfoundland. It also operated several industrial railways and various shipping ports throughout the province. 568:
as president and sold his holdings after his reorganization plan was rejected by other shareholders and he was succeeded by C.B. McNaught.
712: 631: 597: 437: 128: 1014: 117:. DOSCO was one of the largest private employers in Canada during the 1930sā€“1950s. In 1957, DOSCO was purchased as a subsidiary of 1009: 466: 405: 846: 432:. By 1910, Plummer gained control of DOMCO from Ross and made both DOMCO and DISCO subsidiary companies of a new entity called 946:
Operations are based at Tuxford, Nottinghamshire; head office was in Aylesbury, Buckinghamshire, but closed in September 1977.
366: 152:. Several independent collieries opened on the south side and by the 1870s, Canada's federal government had implemented its 978: 649: 588:
with its control of manufacturing and their inputs and at one point DOSCO was the largest private employer in the nation.
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The vast public outcry to DOSCO's announcement in Industrial Cape Breton saw the minority government of Prime Minister
200: 605: 525: 141: 989: 793: 787: 774: 232:. This process took some months, and Whitney was not ready to consolidate operations at Sydney until early 1893. 196: 267: 635: 418: 414: 216: 716: 659: 601: 549: 240: 188: 756: 701: 695: 612: 460: 397: 184: 903:
Whitney had previously manufactured coke in Massachusetts through the New England Gas & Coke Company.
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In 1962 A.V. Roe Canada was dissolved and its assets merged into the newly formed conglomerate
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manufacturing company. Incorporated in 1928 and operational by 1930, DOSCO was predated by the
17: 808: 628: 248: 680: 665: 425: 76: 244: 204: 165: 153: 866: 894:, Vol. X, p. 155. New York: James T. White & Company, 1909. Reprint of 1900 edition. 623: 374: 373:, enabled DISCO to begin work in June 1899 on the largest integrated steel mill in the 1003: 272: 229: 822: 813: 585: 345: 996:, President of the Dominion Steel and Coal Corporation Ltd. on October 22, 1953. 593: 532: 385: 276: 149: 118: 94: 221: 123:
In 1966 it terminated coal operations. This led in 1967 to the creation of a
733: 557: 381: 536: 389: 769: 429: 207:. The group purchased one mine and obtained options on others south of 34: 224:
coal mines in eastern Cape Breton and co-opting such local figures as
327: 424:
In 1903, Ross and the Canadian investors in DISCO sold control to
164: 98: 638:(SYSCO) which expropriated DOSCO's mines and steel mill in 1968. 955:
In 1972 this company operated 21 miles of route. Sampson, ibid.
144:(GMA), which had been formed in the 1820s after the Colony of 676:
Canadian Bridge Engineering Company Limited, Walkerville, ON
548:
Westville, as well as North America's deepest coal mines in
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to fuel its oxygen blast furnaces that were used to smelt
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Canadian Transmission Tower Company Limited, Montreal, QC
615:, which sought to rid itself of money-losing operations. 1020:
Companies based in the Cape Breton Regional Municipality
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Truscon Steel Company of Canada Limited, Walkerville, ON
783:
Nova Scotia Steel and Coal Company Limited, Trenton, NS
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Canadian Tube and Steel Products Limited, Montreal, QC
1035:
Non-renewable resource companies established in 1928
928:, p. 264. New York: McGraw-Hill Book Company, 1972. 290:The new company included the following properties: 71: 56: 41: 804:Stothert & Pitt (Canada) Limited, Montreal, QC 709:Dominion Rolling Stock Company Limited, Sydney, NS 706:Dominion Coal Import Company Limited, Montreal, QC 801:Seaboard Power Corporation Limited, Glace Bay, NS 798:Scotia Rolling Stock Company Limited, Trenton, NS 634:(or DEVCO) and the provincial Crown corporation 444:DISCO Presidents and General Managers, 1899ā€“1919 1040:Manufacturing companies disestablished in 1968 892:The National Cyclopaedia of American Biography 738:Dominion Shipping Company Limited, Sydney, NS 8: 535:saw a syndicate of British investors led by 436:, which also counted mainland Nova Scotia's 27: 1030:Manufacturing companies established in 1928 729:Dominion Iron and Steel Company, Sydney, NS 753:Empire Housing Company Limited, Sydney, NS 33: 26: 979:Industrial Heritage of Cape Breton Island 768:Graham Nail & Wire Products Limited, 685:Canadian Steel Lands Limited, Ojibway, ON 650:Industrial Heritage of Cape Breton Island 195:, formed the Whitney coal syndicate with 447: 344:DOMCO also inherited a mixed variety of 266: 220:options, acquiring most of the existing 131:, or DEVCO, which took over operations. 858: 604:; the mines being closed following the 384:which cooked this slack coal to create 255:, who later married William's daughter 367:Dominion Iron & Steel Company Ltd. 576:In 1928 a new holding company called 7: 1025:Energy companies established in 1928 867:"Nova Scotia Steel and Coal Company" 722:Sydney and Louisburg Railway Company 679:Canadian Steel Corporation Limited, 271:A Dominion Coal Company colliery in 913:Bank of Canada Inflation calculator 747:DOSCO Overseas Engineering Limited, 713:Cumberland Railway and Coal Company 632:Cape Breton Development Corporation 598:Cumberland Railway and Coal Company 578:Dominion Steel and Coal Corporation 438:Cumberland Railway and Coal Company 129:Cape Breton Development Corporation 105:(BESCO), which was a merger of the 87:Dominion Steel and Coal Corporation 28:Dominion Steel and Coal Corporation 1045:1928 establishments in Nova Scotia 25: 694:Cibou Steamship Company Limited, 670:Canadian Bridge Company Limited, 1050:1968 disestablishments in Canada 542:British Empire Steel Corporation 515:British Empire Steel Corporation 103:British Empire Steel Corporation 847:Black Diamond Steamship Company 807:Stowell Screw Company Limited, 786:Old Sydney Collieries Limited, 360:Dominion Iron and Steel Company 201:People's Heat and Light Company 111:Dominion Iron and Steel Company 18:Dominion Iron and Steel Company 757:Essex Terminal Railway Company 415:Nova Scotia Steel Company Ltd. 392:mined by DISCO at its mine on 335:and several smaller collieries 1: 926:Jane's World Railways 1972-73 762:Eastern Car Company Limited, 741:Dominion Wabana Ore Limited, 664:Aluminum Industries Limited, 658:Acadia Coal Company Limited, 492:Arthur James Moxham 1900ā€“1902 280: 174: 792:James Pender & Company, 732:Dominion Limestone Limited, 350:Sydney and Louisburg Railway 823:Trenton Steel Works Limited 1066: 814:Trenton Industries Limited 606:Springhill Mining Disaster 434:Dominion Steel Corporation 237:Dominion Coal Company Ltd. 148:was amalgamated back into 142:General Mining Association 1015:Steel companies of Canada 990:The Empire Club of Canada 985:The Sun Rises in the East 775:Halifax Shipyards Limited 197:Benjamin Franklin Pearson 115:Nova Scotia Steel Company 32: 1010:Coal companies of Canada 636:Sydney Steel Corporation 564:slip further into debt. 510:D.H. McDougall 1916ā€“1919 217:William Stevens Fielding 700:Dominion Coal Company, 550:Springhill, Nova Scotia 498:Graham Fraser 1904ā€“1906 400:and shipped to Sydney. 243:; his brothers-in-law, 241:William Collins Whitney 189:Frederick Stark Pearson 873:. Nova Scotia Archives 613:Hawker Siddeley Canada 478:Mark Workman 1916ā€“1919 461:Henry Melville Whitney 453: 287: 185:Henry Melville Whitney 180: 135:Corporate predecessors 842:Dominion, Nova Scotia 495:David Baker 1902ā€“1904 487:John Stewart McLennan 451: 270: 235:On February 1, 1893, 226:John Stewart McLennan 193:Boston, Massachusetts 168: 161:Dominion Coal Company 107:Dominion Coal Company 994:Lionel Avard Forsyth 600:closed its mines in 501:F.P. Jones 1906ā€“1910 205:Halifax, Nova Scotia 119:A.V. Roe Canada Ltd. 473:James Henry Plummer 371:George Henry Murray 29: 642:DOSCO subsidiaries 531:The fall-out from 454: 288: 213:Cape Breton Island 181: 146:Cape Breton Island 759:, Walkerville, ON 629:Crown corporation 572:Creation of DOSCO 482:General managers 440:as a subsidiary. 249:Charles T. Barney 125:crown corporation 93:) was a Canadian 83: 82: 16:(Redirected from 1057: 988:, an address to 966: 962: 956: 953: 947: 944: 938: 935: 929: 921: 915: 910: 904: 901: 895: 889: 883: 882: 880: 878: 863: 788:Sydney Mines, NS 750:Beaconsfield, UK 537:Montreal, Quebec 452:Sydney wire mill 430:Toronto, Ontario 426:James H. Plummer 285: 282: 253:Almeric H. Paget 179: 176: 77:Montreal, Quebec 67: 65: 52: 50: 37: 30: 21: 1065: 1064: 1060: 1059: 1058: 1056: 1055: 1054: 1000: 999: 975: 970: 969: 963: 959: 954: 950: 945: 941: 936: 932: 922: 918: 911: 907: 902: 898: 890: 886: 876: 874: 865: 864: 860: 855: 838: 743:Bell Island, NL 724:, Glace Bay, NS 672:Walkerville, ON 644: 594:A.V. Roe Canada 574: 517: 380:DISCO operated 362: 342: 283: 265: 245:Henry F. Dimock 177: 163: 154:National Policy 137: 79: 63: 61: 48: 46: 23: 22: 15: 12: 11: 5: 1063: 1061: 1053: 1052: 1047: 1042: 1037: 1032: 1027: 1022: 1017: 1012: 1002: 1001: 998: 997: 981: 974: 973:External links 971: 968: 967: 957: 948: 939: 930: 916: 905: 896: 884: 857: 856: 854: 851: 850: 849: 844: 837: 834: 833: 832: 829: 820: 811: 805: 802: 799: 796: 794:Saint John, NB 790: 784: 781: 772: 766: 760: 754: 751: 745: 739: 736: 730: 727: 726: 725: 719: 717:Springhill, NS 710: 707: 698: 692: 689: 686: 683: 677: 674: 668: 662: 660:Stellarton, NS 655: 654: 643: 640: 624:Lester Pearson 573: 570: 516: 513: 512: 511: 508: 502: 499: 496: 493: 490: 480: 479: 476: 470: 464: 446: 445: 375:British Empire 361: 358: 341: 338: 337: 336: 333: 330: 325: 322: 319: 316: 313: 310: 307: 304: 301: 298: 295: 264: 261: 162: 159: 136: 133: 81: 80: 75: 73: 69: 68: 58: 54: 53: 43: 39: 38: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1062: 1051: 1048: 1046: 1043: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1021: 1018: 1016: 1013: 1011: 1008: 1007: 1005: 995: 991: 987: 986: 982: 980: 977: 976: 972: 961: 958: 952: 949: 943: 940: 934: 931: 927: 920: 917: 914: 909: 906: 900: 897: 893: 888: 885: 872: 868: 862: 859: 852: 848: 845: 843: 840: 839: 835: 830: 828: 824: 821: 819: 815: 812: 810: 809:Longueuil, QC 806: 803: 800: 797: 795: 791: 789: 785: 782: 780: 776: 773: 771: 767: 765: 761: 758: 755: 752: 749: 746: 744: 740: 737: 735: 731: 728: 723: 720: 718: 714: 711: 708: 705: 704: 703: 702:Glace Bay, NS 699: 697: 693: 690: 687: 684: 682: 678: 675: 673: 669: 667: 663: 661: 657: 656: 653: 651: 646: 645: 641: 639: 637: 633: 630: 625: 620: 616: 614: 609: 607: 603: 599: 595: 589: 587: 583: 579: 571: 569: 565: 561: 559: 553: 551: 545: 543: 538: 534: 529: 527: 526:Pictou County 523: 514: 509: 506: 503: 500: 497: 494: 491: 488: 485: 484: 483: 477: 474: 471: 468: 465: 462: 459: 458: 457: 450: 443: 442: 441: 439: 435: 431: 427: 422: 420: 416: 410: 407: 401: 399: 395: 391: 387: 383: 378: 376: 372: 368: 359: 357: 353: 351: 347: 346:railway lines 340:Railway lines 339: 334: 331: 329: 326: 323: 320: 318:International 317: 314: 311: 308: 305: 302: 299: 297:Schooner Pond 296: 293: 292: 291: 278: 274: 273:Reserve Mines 269: 262: 260: 258: 254: 250: 246: 242: 238: 233: 231: 230:David MacKeen 227: 223: 218: 214: 210: 206: 202: 198: 194: 190: 186: 172: 169:Coal pier in 167: 160: 158: 155: 151: 147: 143: 134: 132: 130: 126: 121: 120: 116: 112: 108: 104: 100: 96: 92: 88: 78: 74: 70: 59: 55: 44: 40: 36: 31: 19: 984: 960: 951: 942: 933: 925: 919: 908: 899: 891: 887: 875:. Retrieved 870: 861: 666:Montreal, QC 647: 621: 617: 610: 590: 586:World War II 581: 577: 575: 566: 562: 554: 546: 541: 530: 518: 481: 455: 433: 423: 417:(SCOTIA) of 411: 404:businessman 402: 398:Newfoundland 379: 363: 354: 343: 289: 236: 234: 182: 138: 122: 114: 110: 106: 102: 90: 86: 84: 72:Headquarters 871:memoryns.ca 827:Trenton, NS 818:Trenton, NS 779:Halifax, NS 770:Toronto, ON 764:Trenton, NS 681:Ojibway, ON 533:World War I 505:M.J. Butler 456:Presidents 419:New Glasgow 394:Bell Island 284: 1900 277:Nova Scotia 211:on eastern 178: 1900 150:Nova Scotia 95:coal mining 1004:Categories 696:London, UK 648:Refer to: 602:Springhill 467:James Ross 406:James Ross 382:coke ovens 321:Bridgeport 263:Properties 222:bituminous 215:. Premier 734:Aguathuna 558:Davis Day 544:(BESCO). 507:1910ā€“1916 489:1899ā€“1900 475:1904ā€“1916 469:1902ā€“1904 463:1899ā€“1902 306:Caledonia 303:Glace Bay 183:In 1889, 877:6 August 836:See also 390:iron ore 332:Victoria 324:Gardiner 113:and the 522:Trenton 309:Reserve 257:Pauline 199:of the 62: ( 57:Defunct 47: ( 42:Founded 580:(also 328:Lingan 312:Lorway 294:Gowrie 251:; and 209:Sydney 171:Sydney 127:, the 109:, the 89:(also 853:Notes 582:DOSCO 315:Emery 300:Clyde 99:steel 91:DOSCO 965:123. 879:2021 386:coke 247:and 228:and 187:and 97:and 85:The 64:1966 60:1966 49:1928 45:1928 992:by 560:). 428:of 396:in 203:of 191:of 1006:: 869:. 825:, 816:, 777:, 715:, 528:. 524:, 421:. 352:. 281:c. 279:, 275:, 259:. 175:c. 173:, 881:. 652:. 66:) 51:) 20:)

Index

Dominion Iron and Steel Company

Montreal, Quebec
coal mining
steel
A.V. Roe Canada Ltd.
crown corporation
Cape Breton Development Corporation
General Mining Association
Cape Breton Island
Nova Scotia
National Policy

Sydney
Henry Melville Whitney
Frederick Stark Pearson
Boston, Massachusetts
Benjamin Franklin Pearson
People's Heat and Light Company
Halifax, Nova Scotia
Sydney
Cape Breton Island
William Stevens Fielding
bituminous
John Stewart McLennan
David MacKeen
William Collins Whitney
Henry F. Dimock
Charles T. Barney
Almeric H. Paget

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