New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-01-23
Notes on Coal.
frou..r o,o..ouA o.ur.poDa.nt

Iron. or cccs4eu@ en- sycDesht
/ rHuAnxrImA Jan. n 1894.
i How true il j. that use j. second nature. We
have BECOME o. scc.nolod TO slo tun that ~ sht nd
don 10 Tho price would not be voted gu, Of ordei.
Tho time woe three months ago when the ascend ng
scale alarmed our daily sheets eloquent viii
discussions. charges pAus and ordinations; for
ih.ro IL evidence II popular eiEoryoscence
than muttrd, Of typographical ebuIlitions Bat all
hat has sab-dod without the pablo usual being
an, wiser. Nevertheless II IL much more contentsd.
We remember hat have bad years of
ly low prices. but forget sat living in
year Of exceedingly high ones There these Of u
Who In consequence have taken 70 cconom1ing. Some
Of have dropped hre which thrce years $50
sdered indispensable comfort, Others have invested
IN the la,i passnt after which, being warranted to
all the coal has transformed the huge ashhcap IN the
cellar into n ooA mine Tho PRAYER that should
have an open Winter rrcif Of tie strai, the last
put 70 ior ice Bat far even air,gh,s and gas.
burners have cmpied our bns with rcmorsclcss rtpdl
Is. willie dampcrs have proved themselves mere sham
Snch seasou a. MS vii clean ont any reasonable stock
/ ~ cosl.
Tho vast coal Interest OF THE State il now undergoing
~ those changes which 1t has several previous
occasions experienced. It las become an enormously
lucrative business not by tie selfish combination 81
iune-ov and middemcu but from the force Of cir
b cumsianocs which none ~ them could control There
have been periods nhon Il not only paid profit bnt
b when nearly al the mining companies became poor.
Many 81 them were ruined, mines were closed and al
works suspended. The destruction Of or various
tariffs was tynoIymOus with pIostrallon Of the coal
interest When Protection WAS granted for a season
thc trade revived. Now mines were opened; capital
invested collbearing roads were built, all 10
he made idle when Protection withdraw. Their"
H. probably, IL enterprise know. u this country In
which more money las been sunk than IN that Of coal
mining.
Strangely enough il went or expanding. There has
Away. been class OF operators who kept on mining
even when coal sold Ia this city for less than - per
iun. The public wondered It's ohoapness, but gave
no thanks. II was during such depressing times that
COabcarng roads aud canns became mere foot balls az
the STOCK board. the spectators knowing little and
caring less 10 Tie value, But the demand for coal ID
creased annually and al mee swept OF The entire sup
ly hard Winter has been known to leave The deal
ers bare the Sprug. These seasons Of encourage
mrni stimulated investments In mines, too olon
rc,ultiug In gut with losing prices Thus the busi.
ness Las huoiunted YET oil tie time extending until
now IL has reached magnitude second only TO the coal
product of England.
It's future prosperity now tcom. sa ,S a., mn a, any
,enrs have yielded great profits to all engaged IN H.
Railroad companies that were prnged In debt nave dis
charged II all and even made dividend. Others.
oounly elbnTnsed which depended on Goa. irrlghis
e. luslvely have been equally successful Others have
q lsscrd with largo cOcsrns aud been rhfed 10 PER
uanentl, productive securities. Thus the ruinonH com
EDITION between numerous coal caI.n companies has
been stopped by concentration into fewer hands convert
ing them from losing into profitable oncrprisos Their
stocks long depressed In the market hrye risen a. par
and over and longer figure ,ancies at the Board
The tariff il now u permanency. The iron trade no
longer feart repeal and builds FORCES and rolling
mills to consume coal II pruspcrs Is coal mining
aourshos and declines that declines. The war has
set every acneshop and ioundcry IN TIE country to
work every factory That spin manufacture wool
or cotton Coal has been the animalng power oi she
most extensive bockaa. the world ever saw wei AS
tte longest ever known. Itw0uld have been impossible
10 maintain ii Ia Tie satisfaction of ture GOV erncns
ty sailing vcssts only. Tho Government has been
consumer Of immense amounts Of coal for this obest
GlOno
With SO lnrfo and active demand y II natural
hat priccs should rise. But othor have boon
op,rating In The Some direction. The whole Of scAy
kin County IL ruled by The yilest C0ppcrhead Influence
The leaders deadly enemies Of the Government and
in hearty sympathy with the Rebellion. They have
poisoned tho minds 81 the miners and llhorors, and
sfimalnicd them "a form combinations dangerous 10
public welfare. They have urged ti0osiy resistance
10 the draft, extoItOnate wages, aud teiuut fcpla'
lion Of law They elect sheTs and conhtablts knowing
them to b. III sympathy with their sediiions designs
All work in harmony Mine ownsrH are 40 the mercy
of these combinations They dictate who shall be en-
plo, ed and who shall not what mines sho Be worked
md what shall bo abandoned. They c,nc such wages
az were never before .nown n coal nine. Formerly
the miners received ~ 10 20 cent? per tnn but now ty
exact 90 Al this rate they are clearing from -
per day.
Tho public pays these cstortonato wages. while tie
mine and coal companies receive all The Diane
II thew had refused pay them the public would have
been thout coal Added % thir II the simultaneous
advance ~ everything required 10 coal winnl Trans