Rensselaer Semi-Weekly Republican, Volume 41, Number 91, Rensselaer, Jasper County, 3 August 1909 — Many Valuable Feat Beds In Northern Indiana. [ARTICLE]

Many Valuable Feat Beds In Northern Indiana.

The government recently estimated the value of the peat beds of northern Indiana at $38,000,000,000. While the state geologist is not prepared to accept the he says that the state has almost unbelievable wealth in its peat beds and that the industrial world .is Just awakening to the great advantage this afforded. The fuel value of this peat has been tested and found to be 78 per cent of the fuel value of an equal weight of coal. Thousands of acres of the land in the north part of the state can be utilized for peat mines. Thus far the great body of natural wealth has not been touched. In my opinion people of the north part of the state will ultimately derive great fortunes from the swamp land which has heretofore been commonly supposed to be almost valueless.