International Nickel Co of Canada, Ltd

Description

International Nickel Co of Canada, Ltd
International Nickel Co of Canada, Ltd
w628
Country: Canada
Years: 1936
Color: Green
Size: 11 1/2in x 7 1/2in
Superb vignette of three muscular male figures, anvil, etc. Printed by the Canadian Banknote Co, Ltd.
In 1902 the International Nickel Company was incorporated in the State  of New Jersey through the amalgamation of Canadian Copper, the Orford Copper Company, the Société Minière Caledonienne and others. When it was created, the International Nickel Company was the world’s dominant nickel producer and refiner. it became the primary catalyst in the expanding use of nickel. Alloys of nickel and steel, which possess special properties of strength and toughness, were gradually used in the manufacture of automobiles, buses, railway locomotives, trucks, and agricultural, mining, and construction equipment. Earlier, of course, nickel was used for coinage. Initially, however, when International Nickel came into being the use of nickel alloys for military purposes provided the primary market. In September 1915, the Government of Ontario appointed a Commission to inquire into the “resources, industries and capacities, both present and future ... in connection with nickel and its ores.” In its report the Commission noted that, given the extent of Ontario’s nickel deposits, Ontario possessed the most extensive, high quality nickel deposits known to exist anywhere in the world. It also noted that the refining of nickel could be successfully carried out in Ontario. The International Nickel Company had indicated a year earlier that this would be done. In July 1916, The International Nickel Company of Canada Limited (INCO) was incorporated. Control of all mining, smelting and refining processes of the International Nickel Company registered in New Jersey, were transferred to the new Canadian company.
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