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PROMOTION OP MINING INDU8TRY AND METAL PRODUCTION.
761
4. MEASURES FOR THE PROMOTION OF MINING
INDUSTRY AND METAL PRODUCTION.
Administrative affairs relating to mining were dealt with in
former times by the Board of Mines (»Bergskollegium») instituted in
1630. In 1858, this office was abolished and its business conferred to
the Board of Trade (until 1900 placed under the Home Department,
but now under the Finance Department). After reorganization in 1891,
one of the three bureaus of the said Board was set apart for mining
affairs as well as industry in general. Concerning the so-called Mine
Map office, which is under the same bureau, see page 705. The mining
statistics are since 1858 being compiled by the Board of Trade; having
of låte been reorganized, they have gained considerably in reliability
and value.
The Iron Institute (»Järnkontoret») is a financial institution peculiar
to Sweden, organized originally with the object of rendering assistance
to its members during bad conjunctures, as well as in general, by
support and encouragement, of working for the promotion of the iron
industry in Sweden.
The real founder of the Iron Institute was A. Nordencrantz. The Institute
commenced its work in 1748. At first it was subjected to various regulations by the
Secret Committee of the Riksdag, but since 1769, the Iron Institute has been in
possession of full self-government. The regulations now in force are those
confirmed by the Government on January 26, 1894, with amendments of July
26, 1901.
Most of the Swedish Iron works are part-owners in tbe Iron Institute, where
they have a vote in accordance with the grounds prescribed, and pay annual
contributions to the funds, amounting to about 0’S9 kronor per ton of publicly
weighed iron. The Board consists of 5 ordinary and 5 extra commissioners, each
appointed for three years at the general meeting of the Society, the so-called
Iron Riksdag, being held every third year.
The main object of the Iron Institute is to assist the members with loans
on favourable conditions. Especially during the first period of its existence, the
Iron Institute sent considerable sums of money to the large iron sales at the
Fasting market in Kristinehamn, and during bad seasons the Iron Institute itself
purchased iron from iron work proprietors. The Iron Institute has gradually
limited itself to the granting af loans, advanced under various denominations, such
as ordinary loans, extra loans, advance loans, accident loans, building loans, etc.
But, as mentioned above, the Iron Institute has also had another very
creditable object, namely to promote the advancement of the Swedish iron industry.
To this intent the institute has put aside a fund for investigations and
experiments; made annual grants to mining schools, charring schools, and geological
investigations; built a testing establishment for testing of iron and other building
metals (now united with the similar institution at the Technical High School);
granted a number of traveling stipends, and supported an official body of its own,
consisting of technically educated persons for the practical assistance of iron work
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