"they Toll Not, Neither Do They Spin," But They Get There

Tbe royalties charged by most owners of iron lands in the Lake Superior country are excessive in the extreme. The royalty paid on Bessemer ore runs as high as 00 cents per ton, and on non-Bessemer ore as high as 40 cents per tou. Such royalties are at least doublé what they ought to be. They insure to the fee owners the bulk of the profits made in mining, giving him a tremendous profit on a small, certain investment; while many mining companiee, which take all the risk of mining, and whose enterprise certainly deserves some reward, are continually losing money. - Ishpeming Iron Ore.