Want to support this channel and help us preserve old films? Visit / periscopefilm
Visit our website www.PeriscopeFilm.com
Produced in 1938 by United States Steel, "Steel: Man's Servant" presents a lavish Technicolor look at the steel industry prior to WWII. Narrated by Edwin Hill and directed by Roland Reed, with amusical score by Robert Armbruster, the 37-minute film typically accompanied a dramatic feature film in release. The film presents mining activities on the Mesabi Range, with an Oliver Iron Mining Co. steam shovel ripping iron ore from the ground at the film's start. The film goes on to show the path of iron ore to Duluth's docks and steel plant before most of it arrived in the mills and manufacturing facilities of the eastern United States. The movie contains rare color images of pre-WWII American including open pit and underground mines, steel mills, blast furnaces, Great Lakes ore carriers, steam locomotives, steel bridges, skyscrapers, highways, ships, oil derricks, stainless steel pots and pans, and more.
The United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company was the world's 15th largest steel producer in 2014. It was renamed USX Corporation in 1986 and back to United States Steel Corporation in 2001 when the shareholders of USX spun off the oil & gas business of Marathon Oil and the steel business of U. S. Steel to shareholders. In 2001 it was still the largest domestically owned integrated steel producer in the United States, although it produced only slightly more steel than it did in 1902, after significant downsizing in the 1980s.

J. P. Morgan and the attorney Elbert H. Gary founded U.S. Steel in 1901 (incorporated on February 25) by combining Andrew Carnegie's Carnegie Steel Company with Gary's Federal Steel Company and William Henry "Judge" Moore's National Steel Company[8][9] for $492 million ($13.95 billion today). At one time, U.S. Steel was the largest steel producer and largest corporation in the world. It was capitalized at $1.4 billion ($39.69 billion today), making it the world's first billion-dollar corporation. The company headquarters was established in 1901 in the Empire Building, purchased from the estate of Orlando B. Potter for $5 million.[11] In 1907 it bought its largest competitor, the Tennessee Coal, Iron and Railroad Company, which was headquartered in Birmingham, Alabama. This led to Tennessee Coal's being replaced in the Dow Jones Industrial Average by the General Electric Company. The federal government attempted to use federal antitrust laws to break up U.S. Steel in 1911, but that effort ultimately failed. In its first full year of operation, U.S. Steel made 67 percent of all the steel produced in the United States. One hundred years later, its shipments accounted for only about 8 percent of domestic consumption.
The Corporation, as it was known on Wall Street, always distinguished itself to investors by virtue of its size, rather than for its efficiency or creativeness during its heyday. In 1901, it controlled two-thirds of steel production. Because of heavy debts taken on at the company's formation - Carnegie insisted on being paid in gold bonds for his stake - and fears of antitrust litigation, U.S. Steel moved cautiously. Competitors often innovated faster, especially Bethlehem Steel, run by U.S. Steel's former first president, Charles M. Schwab. U.S. Steel's share of the expanding market slipped to 50 percent by 1911.
U.S. Steel ranked 16th among United States corporations in the value of World War II production contracts. Production peaked at more than 35 million tons in 1953. Its employment was greatest in 1943 when it had more than 340,000 employees; by 2000, however, it employed 52,500 people.
We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment!
"
This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit www.PeriscopeFilm.com