Contract to Make Brazil Big Producing Country Rio de Janeiro, Nov. 13.
The President has approved Parliament's endorsement of the contract between the Itabira Iron Ore Ca. Ltd, an English concern, and the State of Minas-geraes, which is expected make Brazil' one of the most. important producers of iron in the world. The contract provides for the min-{ing of 3,000,000 tons of iron ore tinually at an expenditure of 'y, million dollars, the rebuilding of a railway with a connection to Santa Cruz, and the eventual expenditure of $70,000,000 for the development of mines and mills—Renter.
Text read from the printed page and cleaned; old type leaves the occasional error.