The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-13
A CORNER ON ANTHRACITE.
A Railroad Cempany's Devices for the Con-
troll Of the CnnI n nd Irnn FieIda.

T0mnnnY'a
troll Of the Coal and Iron Fields.
- -,
PorTsvILLE, Pn., June lO.-Some tune
soo a. ,,.s rrad,c,ad In Tuv e,ru Tim, tina local
- -. = ,, -, - :, ,----,-- -
oouninhton wouiu, lot tue sake Oh Keeping ."o
trade well In hand, and to maintain prices, order
n susno,sio, ,ormitting onaratora bovever
. 80 -, -, ,,, - -,
to NIL contracts already made which demanded
cont nued production. This statement is now
verified. The following order Issued by the
,o''"e"' i"' io"o"''N '' $3.50 " ~
Philadelphia and Reading Company, will explain
how II IL to be done;
Tho schuvikm Coal Exchange having determined
region Tor weeks, commencing respectively June aud
10 and July and II, and the amount of tonnage con
trolled by parties OUTSIDE Of that organization not
being uhcient 70 varrant the late nece.
, 70 hoep up wy ~ nresen, 'o, a 1n,,
sbse's nnnn cnai wi no snsncnred dnrin0 me four
weeks ABOVE named and that any shippers desiring 10
have cars furnished them ship coal the
OF the Will ne Obliged to make application for
races and charges upon such r~nc a. tue once OF inc
company
This order IA so extraordinary In its character.
""u &c. 30 oo,'' 49,, w 49,, ~ w So"
erei puonc' WHO are hot h''"Veo into tne So
crets OF the combination. that II needs IA few
worda Of comment To make IL iptellicible IL
- go, ,-., I'll -. a. -, =
Ia believed by parties well able to Judge cor
rectly Of the stlnding OF the coal companies
that tneir financial standing IL very low lust now,
ana that their ability to keep their neads above
wal er Deepen Is altogether upon their power To
Keep up the price of coal ana to prevent cOmpe-
tition bv operators outside the combination.
Packer into the Hing-already spoken OF IN The
kuN-and hence the prOVtsilIi, ~ the foregoing
order, tn I the reRu " schedule ~ tolls aud
freights will be suspended to al operators aud
shippers VINO are not IN he combination. during
the weeks Of suspension, ANA that they must at
those times Apply for sueci Al rates. Thet ne ans
that they can 90 on producing and shipping ard
nlnng their contracts. providing they are willing
to pay the carving coup Nv all their prom aud
more besides. IL ls virtually compelling them
TO stop, no matter what becomes II their cou-
tracts
H.
Mr.. Gowon and his cpuiederates used TO de-
Dounce tue miners for entering into suspensions
without tasting into account tue eject whic1
their action would have uuon the standing con
IT cts Of the operators, IL be RAYS weakness,
" not spirit of "cussed wickedness," on tho
part OF himself and tbs company. to make use
OF his powers, IN defiance Of his own former de-
clara,ions, Of the law OF tue State, anu Of every
principe OF jns,ice, TO hamoer the men VINO
have their business arrangements made, and
who wit suffer immeasur~ble losses by this last
anu greatest Outrage VI Tue corporations. All
THIS ~ done under the hinsy pretext that the
trade OF those outside OF tue combination Will
not warrant the heavy expenses OF Keep
ing the whole force Of the company going.
Mat Is to prevent them reducing their force
This forced SUSPENSION must inevitably work
great ittdry TO men whose bus ness arrange
nents are totally u.ranRed by u, aud may result
10 many Of them gong under the she'ifs h m
mer. But mat IL Just what the pany wants.
Inc idct that great number Oi consumes
are determined not to ouy tue corpor .tion
r.tors VINO are not IN the cOmbinAtiun, make
the latter DANGEROUS coupe iitofs to the deDt-
nothing else Dut n deadly blow aimed al those
operations. In 1872, when Mr. Goweu flrrt ut.
tempted To rule the scnuylkill coal trade, be
desired total susp ension to force the miners
into / rms. some of the operators Refused To
sd-pend dec ring their ability to get along with
| out reduction OF way, s. wnereupon Mr. C;owen
immediately raised the rate OF transport lion to
% yer tou IRON Port Carbon to Pnnadeipnii,
less than 100 miles. ihIs mad tne desired effect
all the lndeuendent operators out one suspend
cd. and cod rose to 81 aud $40 ton at Philauel-
phia. But Mr. Governs power was den ons rat, d,
/ 4 an fnn aft.ta.
ordinarily following an outrage hg tnst the Jaw
AMI upon the public. lie now purposes to re-
peat IL.
here are certain coal lands. such "a the
Giraru lands, which can never he sold. UDon
these various operators have profitable leases,
under wbicn they could do a fair business, but
tue COMPANY must control zoe entire trane aud
mdin.ain hIsh bfices OF sink. Inc PuiiadelpniA
aud ReadIng Coal aud Iron Company In entirely
acfeuit concern. having every foot u land aud
every mine covered by bono Guaranteed 10y tue
PhhadelphiI ana Reading X ilroad Company.
The Tact tbat Mr. Gowen, Two wears ago. pro-
posed plan Tor consolidated loan OF t60UuU.-
wv SHOWS tbat Its dent rs that amount, PERHAPS
more. Tbis. at per cent, requires st.ap.UU for
interest alnLe. 10 Tue cotnuauy owue4 every
lncn of Land and every mine Ia the county its
ueDt would rise 70 at least tlUO,UUU,U, requiring
t.,VU.UU anu ually Tor interest. NOW, surprising
IL Mcre 10 ADOPT tue old pl OF leasing these
eoiileres TO indivlduais or urms, at royalty OF
MY eehts a tOh' u wouiu realize on tue total
lrOouct Oh tue county ABOUT t2-bOu,UO per an
nun, being N,Su.uusnort OF paving the interest,
LA prou Oh "a per ton over and
1900 .re iatt 70 IeVureu 20 pay the ihtefert
Sionvi ~ say ho'n,ns oi any prov ions Tor oaN.
80 va eu' ee1'' ~ loi Iciuo ursmk tue f.hroau
So"raoy LOT TUE ierpous'ohty assumed
cha.n.o col ~ 'oo p evsuoI VI oesian 70
Ins burmese IA somsIntns ~ o,s,hss a a,Ten,
sr,na ~ ~, - 49,, 49, nv w ,.
MN tna ai',,st,, -, ~ III, 49, T onoro.on,ns
u tase away some OF l. trade. As heap trans
lortatun never entered INTO the calculation Of