The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-04-30

likely to be to an unprecedented extent and the
liability il that prices win rule comparatively low Last
year was very extraordinary for this trade There
be doubt that considerable rise Ia the price
OF coal was inevitable from its commencement Many
kinds Of manufacture In which it IL extensively used
extren ely prosperous the markets were bare Of
the article ct the commencement Of the shipping ssa-
son, accidents to the Delaware division of tho Psnnsy
vana and to the Delaware and Hudson canals kept out
Of the market the early supply by those channels and
the cost Of producon was materially increased by the
scarcity Of labor and the high price every necessary Of
life. Bus although al these combined are sut
cient to account for some, and perhaps . consider
able rise in price, Jet every one who has
WATCHED carefully and intsgently the course of this
trade during the past year. must admit that great part
OF the advance in price due to natural and nev
table cause, but to regularly organized system Of
element and humbug originating with the operators of
the schuykil region, fallen in with by the dealers and
Shippers in Philadelphia and carried to height that has
rarely been known in the history Of any kind OF business
In this country. Now, in all operations of this ma
ture there requires class to be gulled must
the dealers in, and consumers of coal In New York and
New England the justice to say that rarely ever hiss
there been seen class of men open to imposition
or who have been led bindy and meeky by those
whose interest it to hu ubug and deceive them Tho
increased cost Of mining last season was given % q
reason why the price should advance, and this was
greatly insisted upon. Now, what arc the facts The
increased cost Of labor, with the additional expense Of
keeping and feeding the stock Of mules and horses
employed in all conries the sole additional cost Of
producing COAL and II opinion that with the low
est wages and cost Of feed during March Of las.
year. the expense Of mining breaking and screening coal
was not increased during that year, even under the
most unavorable crcumstances than thirty cents
per ton. The advance far beyond that figure Red
ash freely sold March 1854 ut "a rs for shipment
to New England and in October of the same year it
reached So per ton advance Of 81 49, from this must
be deducted the advance of railroad tolls IS cents and
the actual advance in pric, to the producer will stand
At 81 &c. and deducting further the estimated increase
in cost there win remain 81 per ton, not profit but
INCREASE Of profit in October that realized in the
month Of March. Now as the mining Of coal undoubt-
edy paie profit at March prices, it will not be large
esmAte to say that the average profit OF mining 10
schuyh county the past year 81 per ton, an
enormous profit, when it is considered that twenty
thousand tons is a small production, and thst some
operators produce 10000 to 100 900 TONS There are
OF course, contingencies in minipg such as faults
in the veins, which in individual cases may
reduce the PROFITS but no candid acquainted with
this bu.iress will say that the above ettmats is 700
large for average It must also be borne mind that
the monthly advances in price, added by the producer
not only stimulated the demand or the trade was in
such excited state that the dealer and consumer
rushed in to buy, to avoid paying sti higher prcs)
but that it reacted upon the laborng MINER produced
combinations to advance wages, strikes and turnout
ana actually reduced to very considerable extent the
amount OF coal which, under Q healthy state of
thingr, might have been produced and sent to market
Every advance in wages magnifed far beyond the
reality and 1t would NO. be gong too far to say that
during part OF the year, least every ten cents ad
vance in labor was made an argument for than
double tina. advap in price In fast for great part of
the year, the operator to extent at the
OF tie laboring miner the dealer and large consumer
of coal was entirely at the mercy Of the ope-
rstor and, hardest Of all, thu poor consumer
was at the mersy OF the deslsr-and all this because
the operator grasppg and the purchaser easily
sued. Now 1t is very evident that business of such
magnitude the mining Of coal much concentrated
IN ts field Of operation, and comparatively in 80 few
baDdR be governed and regulated to suit the pr-
poses Of those engaged in It in utterly out
The question in regard to any of the great Agricultural
ratofs Of Schuyhl county especially discovered this
fact last year, and began to act upon it. Amy ohsr
badly have pursued the same course but the question
H. whether whole county shall be forced to pay
tribute to swell profits already enormous or whether
dealers In coal manufacturers and consumers will
apply the remedy in their power-put this trade upon
the footing other branches Of business, and
duce the profits Of the producer OF coal to something
e the psr centsge earned by other similar occupations
And this desirable result is altogether the power OF
the purchasers of coal
The receipts and expenditures Of the government,
exclusive Of trust funds and Treasury notes funded
the quarter ending March 81, 1855, annexed:-
FINANCE. OF THE UNITED SrATs-RgcnPrs AND ExpRy.
DrUREs
Receipts.
Do. sales OF public lands ............ 1763.044 As
Do mscsan eous and incidental sources s57, 2io 10
Total SIA 78s 900 az
Expenditure
Civil mis- slaneouB and toreg intercourse So 1852 SO
Interior, &c.
Pensions. :.....'....... $o22 43s 10
Indian department 439, $50 80
- 9e1 $50 81
War, &c.
Army proper, &c.....,......$3,131,61 S go
Fortfcattns, armories, &c. 577;231 OF
- 3,70s $50 81
OBSERVATION-DISCLOSURES. $685. 354 "a
Interest on public deht.,..... 1881 OF
Premium stock redeemed -. .117,UTi 90
REDEEM pton loan 1S42.......... 90 500 90
Do. 1S43. 1900 90
Do. 1916. 118,S00 90
DO. lST .466,25O 90
DO. l64S.,........ 1850 OO
10. Texas indsm... 3S, 900 90
l,O5o, isS W