New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-13

others has been selling too high and the object We
seek to attain now TO eqnallge II and 40 away %
materially affect the price Of coal Certainly do not
think coal viii be any higher on The average than it, Is
not ten miles from the city Of York where large
quantity Of coal is consumed that the producers are
he Consumers are paying an average price Of IS 49,
TG IS % PT 04 sG ppedu S snd the
That is what we wish to DO away with: .u nm,
Daps at he vaoSs Of tie
companies but middlemen, who set themselves up 70
TSs t the t S and ns ~ st. y,sSG Viii
admit that 8 enSnsn for a mn to reeve 70 9g ss sn
sumer We are getting SO IS for The coal used ut that
place, and the consumer Is paying IS 80. u,.. .,,,
what T o ns ha ns to T psy to nn pay a
| more and it might be less
TO WIPE OUT THE MrDDLEMEN.
o.-How can you wipe ont your mIdleren A.
Wei, you leave that to us we will tah' caS OF tnat
| Dwell. we would like to known Awe will sell
the coal ourselves
| O.-Direct TO the consumer A.-Not direct to the
consumer exactly but to the men who handle IT through
| tNe yards -
are not called middlemen, they are absolutely neces-
| sary to the trade.
O-Are the companies selling coal at loss Ain
o:-is the price at the seanoard less than at any
OFT Is to equaze this difference that this arrange
Gas s9E 't Between NewYoFI and Philadelphia how
r Nalt S BY 'fD difference in transportation
Qwhat would be The eject Of raising the price IN IN
not NSN INK H the 'p price viii change at ali e
places though possibly the difference between New
York and PENNSYLVANIA Is not very great to-day. =.
not thai, m nSf The eed de peer s between the IONS to
New-Yori and Philadelphia is only about five per
o-can you give an instance -howing the difference
and at Sew-yorki X.-The average price at New
York for the last rye years has been about 81 20 Per
s Seen about aR"s ' 70 :! &c. ''e"''' " f""''p
Q.NWhe,e does the mlddleman come In Ale
comes IN about the time the coal starts from TIE
Q.-wnnt is the cause Of the difference n the cost
| Of coal between New-York and Philadelphia A.
think II Is due to the excessive competition Of middle
& y We o pa" tTS or 56 on w5,
reduces the average price.
Glow long Las n, process, Of dGca2g Eitn
| since the anthracite coal was first mined and dis
| tributed.
Q.-IIas the presence OF the mlddlemcn resulted
at any time in the history Of your Company In com
polling TO sell coal nj lossl A.fes, SIR; ever
have been selling coal at loss In all directions.
For instance. there have been times when sold coal
| in the West at 81 per ton loss.
Q.-Iave You sold at "A loss in Eascrly directions
Q.-supposc the mIddlemen arc abolished: would
not this 81 20 per ton which yOu goes u them
60 then to the company .A-well, We should try
get good pI9p ScnS OF 90 to the ecr l., there
drfe 6 o. I m bSP % he bet viii drsc ST
we could save 81 go VIC eonld afford to sll 1t to him
| lower.
WHAT CONSOLIDATION DID.
| Mr. Mcleod volunteered statement n. follows:
"There Is one phase Of this matter Won have no.
brought out and that is The benefits the people doing
business on the lines Of these roads will receive from
20 ,bo IohIr VoNov W 4
VIII be very great. We give tho people better
train service quicker transit for their freight and We
believe mach lower rates because the experience of
his ve:y thing In other directions has shown that the
people have been greatly benefited by Just such con-
solidat!ons as we are now considering. For instance.
we will take the roads controlled by the Vandeyhllts
The Lake Shore road in 1881 transported tonnage Of
$50 900 tons. In 1901 they carried H. 53l 900 tons
being ali Increase OF 31s1 900 tors. They received
In gross receipts for handling that business In 1851
S35 900 less than they received for handling 5000 900
tons less ten years ago. and while their increase
In tonnage 80 per cent their decrease In receipts
was IA per cent, with an increase OF mileage of 410
miles.
1.-THE New-York Central received ten years AGO for
handling 10 100000 tons Of fre ght 800 900 oOO and in
1891 they received $50 100000 for handling 600
tons of freight Their tonnage increased SO per cent
while their receipts only little per cent.
Sow II these roads had not reduced their expenses by
consolidation, their certificates would not have been
worth giving away to-day. Here is a practical de-
monstra'lon OF the benefits Of the consolidation Both
these roads combined handle 100000 tons OF
freight for the people for nothing, compared with
ten years ago. The people get the benefit"
Q.-lsn't that due to legislation TO some extent Z
o.~weli then would II be fair to assume that If all
the roads practically under the cement OF
corporaton the public would be correspondngly