The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-21
THE COAL COMBINATION.
RUMoRED CRIPPLED CONDITION OF THE COR
PoRATIoNs--A THREATENED RISING OF sTARv-
ING MINERs-sBREAD or BLOOD.

RuMoRED CRIPPLED CONDITION OF THE COR
PoRATIoNs--A THREATENED RISING OF sTARv-
ING MINERs-"BREAD on BLOOD
wnKEsBARRR, Pa, June 20, 1875
The problem in regard to controlling the coal trade
by tho great combination DO stu far distant
from a satisfactory solution II that the organ
cation has fully succeeded In restricting production
crushing tho poor miners nearly 10 starvation and
prices But the power to do appears to
be weapon well calculated to wound those who
arc welding it the public against whose interests it
has thus been directed is at last apparent that
the combination has within itself element OF weak.
which may eventually lead to its dissolution 1t is
also plain that least OF the great producing coal
companies, and OF the carrying companies, have
begun stagger under the heavy load which the de-
preston IN the coal market has imposed upon them
When the I.ehgh and wilkesbarrc Iron Company
consolidated with the Honey Brook Coal Company,
Coal Company loan of $40 O0O 0OO bearing gold in
tercst effected by that corporation and guarAn-
tced by tho Central Railroad OF New Jersey. The 70
painful rumors afiont that the unprecedented
stngnation In business throughout tho country and
especially In the coal trade is seriously ing
these great companies, tho latter through peculiar
business relations with the former II Is certainly to
he hoped that the corporations will outrdc the storm
which seems u be beating upon them and ultimately
avert the danger which threatens both; and yet the
signs OF the times indicate tho RAPID approach OF a
great crisis the coal trade, and grand may
II Is minated that the Iehigh and Wlkcsbarrc Coal
Company has already begun to curta its operations,
and anticipated that the plymouth coleres tour
IN number, OF that corporation may be transferred
tkc Susquchanua Coat Company. which means the
Pennsylvania Central Railroad How much closer the
sails may trimmed to the wind remains TO be seen
SERIOUS TROUBLE THREATENED.
While there ~ likely to be an immense convulsion In
the ranks Of the coal producing and carrying com.
panics at an early date more serious trouble APP
parently brewing III another quarter. The miners
throughout the anthracite coacd have been literally
reduced to actual starvation. IRON two cause.-the
policy OF tho great combination which keeps
them idle half ito Time and enormous
stock OF labor at tho mines. The condition OF
the Is really pitabe, and there Is well grounded
apprchcnso that before summer Is there VIII be
general rising 10 obtain by force the nccessares OF
life. Most startling runIors already aioat the
intentions OF the miners OF tncm Of character
gross for crcdcncc but likely become
solemn iacis At any rate the public mind Is bcconl-
considerably exercised rs IL the probable future,
ana with good reason, too from the TACT that hunkry
men, women and children cannot be well appealed 10
through the exercise Of their judgment Some people
entertain the opinion that the cry OF
s'BRHAD BLOOD
Will be heard In this quarter the coming Fourth OF
July. Bad and unpromsing as affairs known
let all hope that they will not become evil
that; but white so trusting thcre Is still much
cause for the Tears which now exist