The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-03-17
TUEGEEATCOALM0 MONOPOLY


UAnRtsBtRG. PA. March 1.-THE meet
ing fer the first time In tie history OF the an
thracite coal trade Of the Lehish Co Exchange
and the ScuuNlhU Coal EXCHANGE for the in'-
pose uf arranging mutual ha-isfot the t'Hcii-
zion Of the coal trade generally at lhadeIpn
Che other dav, indicates uneriingly the purpose
on the part Of the coal operators to enlarge ihc
sphere of the combination. make IL more CONF
pact so AZ to be the better utlc to crush out ull
competition, and thus to build up the MONOPOLY
on far more gigantic scale than ever. Inc
peopic need not fccit,te themselves upon TIE
idea that this combination has for its Object TIE
cheapening Of coal, even with a reduction %.
the wages Of the Woodworking. poorly paid
miners Tor while wages have been reduced sc
least - per cent since is,2. the wholesale 49,
well A. tns retail price Of coal j. much higher
now than 1t was then. THE only object BE- %
control tho mine workers at on end anI th'
consumers at the other with an equally dcsp"N'
hand, so "a to squeeze out the iT-''l ''"s''
bic profit for the corporations and Ditia' H..
Mr. +. u. Glwcn of the Reading COMPANY
soundcd tnc keynote Of this policy wneh "e 'o-
olared with emphasis that his company was
bound to realize u certain aggregate proht
whether the mines were kent working ten
month. In the year or only i've months; In 9TH
er wnrd4 ne wuuil have to clcir "a much on
1--WE alauils' production Of coal as ON ten
months production. Nor ar these men TO lie
eaug.. nlppin. AZ any time. knowing that the
stat u tne l.hor question in the cod regions
Is OF an unccrtn nature, the lines are $40 laid at
the out-tlr, of the season as 20 maxi reasund-
bly, sure the requ ate amount Of proit. so as 20
be prepared for any emery 'nry whereby under
aless prudent management corporation Inter
ests mi-ht siGcr sud lie mad. to share the
Vc.si.uI,s u other business. H. then, every
thing hap.ens t. 20 smoothly dufn- tine season,
aid lrr cunscQ .cnfe the corporation l"NlCv
sheet g. the ena ol TIC year shows apiout equal
10 uut-thhd ~ NOR OF the EEi' ~. l,' oist,
A. o. luuhutcd to smart n.i Cement Tor
which tlt chlci manager get tue crtult, Hud
t4e G nsamet Is left the insulation ~ having
given be corporations Plethora treasures and
IL r'i itN 10 ma a-rf@ sal r"~ on St.''u NtHI.
aud -fil closer c0mcinMion between the
several coal re-i us Is formed ~ lhe ilce oi ihe
fc' ,n.t such action on the part ~ NE ,'huyl-
lill r.-iun alpnc has been The subject OF le-is-
lAtv, Investigation. aud Will likely become "a
cha 80 f fraud Id conspiracy. does b. not at
o,.ce ssnine tn. apuc.rance II Gn opcn defiance
Of the teoqle aud the law similar c1mhna-
t!unen.er,d int' 10 1893 between tie 90 Brook
C"al company M Vie Morris X "a Soa Com
pany of the BlGs'nufs region, vs. = 3f the s.
pr,A. Court a. pcun~ylyluii decided 10 be an
ulltvfAl cjns1irt'Y.
RrGrL,TING PRICES.
For the purpose Of a~certaniug the price Of
coal ~ n Waich WAGES are - b" re: l.t"i, i've
llerie, are drawn each month. The pr. psic-
tors II " ichtheu furnish the aver - prire op-
rssfv ren6r, shows that c1al fefchci a hi. her
prir, IA January than It had. with ont few eN-
Yet.r wui bee fcueIber,l that as December
s.-urusfru Wa ordered on the Plea OF "n
nver...c ,.a u,ar,et and int suspension h3s
conunurd ever -iuc-. wttu pto-pe,' tuat work
Mn. ia quite evident tnat T. reconcile the
oyer.tockcd state Of tun market VIII tons u!=h
Dc g coal requires the s'ni's OF - INA dr.-
Nor are these ,nononolics couiout 10 rest with
the control uf the PeunsNlttrii anthracite
90 .ift lam D. -f