New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-30
THIS COMPANY DELIGHTED.
IT EXPECTS To FLOOD NEW-ENGLAND WITH
NOVA SCOTIA COAL.
PROSPECTUS ISSUED By TIE DOMINION COAL
COMPANY, LIMITED-vIEws OF
LOCAL DEALERS

Every officer and director OF the DOMINION Goa
Company Limited. is smiling these days ooa o'
the free list OF the Wilson tariff means that 'hei'
business will receive IA great boom, providing OF
course, that the bill becomes law THIS Erea
corporation was pat its financial feet soon aitei
IT was known last year that the Democrats were
In the majority in both houses or congress. liz
company is organized under the laws OF Nova ocotia
Henry NJ. Whitney. Of Boston. Is president OF 'h'
company. He is a brother OF ex-Secre,ary Niiiia;r
G. Whitney. The eX-Secretary himscf u ny com
mon report credited with being stockho!der in tho
company. The Nova Scotia mines have been OPP
Grated in the most lisilcss manner for years ana
were not regarded as a paying property. bu'
suddenly, when the free-tradc Democrats get con
troll Of Congress. the affairs Of tlls concern take
on new life. and the money markets OF the "orid
are Hooded with its prospectuses. ihe most sig
nincant words In these documents were:
Should the United States duty of % cents pc;
ton be removed IL seems evident that this cora
pany VIII find large market on the New-EnSiand
seaboard for which its position at tide-water would
enable II to compete on advantageous terms
at Is estimated that 1t could put coal free or
board OF vessels at Louisburg for about Il n ton
probably cheaper than coal is shipped at any port
in the world"
The officers OF the company are Henry NJ. Whit
ney president: John :. McI.cnnan. Of MontrcsI
treasurer; l.. = Pearson. OF l'ostoh chief engineer
David McKeen. OF Glac, Bay. Cape Breton. resi-
dent manager The directors are Henry +. Dimock
Of this city; Sir Donald 4. Smith. *. C. NJ. O.. oi
Montreal Hugh l.. McI.ennan. Of Montreal
W. C.. Van Horne. president OF the Ca
madam Pacific Railway; +. s. Pearson. Henry NJ
Whitney Robert Winsor and Alfred Winsor. OF
Boston. and W. u. Ross q. G.. % Halifax.
The effect OF the Wilson Tariff bill on the b.
luminous coal trade was CONNIE atci On freely
YESTERDAY by officers Of the m0at prominent com
panies III the country. All agreed that the bill
if passed would seriously affect the companies. the
miners and the railroads which arc now engaged
In the transportation Of bituminous coal. II vii
most seriously affect the mines Of West Virginia
as there IL long haul from them to tld"wa;er
The Alab1ma coal Mines be!ns nearer idcwatc'
affected to great an extent y. ciic'r G.. one "l
the largest hiIumlrous coal compan = o. Mar
land and West Virginia SAID 10 a Tribune reporter
yesterday afternoon:
III this provison for free coal becomes law
thore will be hard times In West Virginia 1t VII
De severe blow 10 the soft coal TRADE As 1t u
have long haul To tidewat,r-r''r ~.
the b!ll. II il becomes law mast M T,!lIt'oil %
the cost OF mining and transportation Eoth thcs'
expenses are down To pfetty low ie.rl nov" ' n
II the free coal clause IL enacted thorr "in b'
some slashirg In v@gcs and Transportation eN
pcnses. Wages must IN that event h' reduced ~
least one-thlrd. and II TO continue the BUS
ness OF mining soft coal tie railroads in.Ft re-
duce their freight charges. Thus the ches tpeake
and Ohio and the Norfolk and Western roads Viii
". De s waibridse; president OF The american car
Coal Company. said: Ancrican c1li nterssta VIII IA
the Wilson bill becomes law. The first effect VIII
BE- reduction OF the miners wag-s heretofore
lis,lcss manner. but the whitney Hyadi''i~ cen pm
millions into them and oie'"t" them ar'lV"'y l.
this free-coal provision s. adopted.
M.ny other officers OF the mos; important soft
coal comp n!c. In Aineslcl "Hrr' o.! m, sam.
Elects OF H., obnoxious provision RI rfel TO would
be reduction Of wage