| Summary: | In the letter Lapsley discusses specimens of irons and ores that are being sent to McRae, who will consider them for the manufacture of arms and equipment. He also describes the supply of iron ore on the property of the Shelby Iron Company: "Mr. Smith says you expressed some doubts whether the quantity of ore was sufficient. If you should see the bank or ridge which contains the ores, you would be fully satisfied on this point. The ridge is about 3/4 mile long, and 1/4 mile wide, and has ore enough conveniently accessible, to supply a hundred furnaces for probably a century or more. It is practically inexhaustable [sic], and yields I am assured, the same quality of iron from all parts as far as far as tested, and it has been tested at a good many places. I think it probable it is the most valuable deposit of iron yet discovered on this continent, taking quality as well as quantity into consideration, unless perhaps in the Lake Superior region of which I possess no deffinite [sic] information."
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