At the root of industrial glory Dnipropetrovsk was a landowner, businessman, local historian and collector Alexander Paul is a man, through which were explored in industrial minerals Ekaterinoslav province - now Dnipropetrovsk. Paul organized the systematic exploration of iron ore in the Krivoy Rog basin at its own expense, spending on research, which was engaged in lifelong learning, more than 20 thousand rubley.V Saxon Mining Institute for his account makes the analysis brought to them, "Krivoy Rog" porody.Rezultaty were stunning. Paul invited to attend the field Kryvyi Rih German mining engineer Shtripelmana, who in 1872 found there ore deposits with an iron content up to 70%. On the monument. This is a bust of Paul to the octagonal pedestal height of about two meters. Under the bust label: "Paul Alexander. Founder of industrial production of Krivoy Rog iron ore."