Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-10-28
For County Treasurer
q II SMItEH
INCREASED coal. PRICES.

INCREASED COAL. PRICES.
The enormous consumption of coal
caused by activity all along the line in
the commercial world in this year of
prosperity, the shortage in the supply
as the result of strikes or other causes,
and the increase in price based upon an
enlarged demand, combine TO present
study in economics that is Important TO
all. Increased consumption results by
reason of greater activity in and an in-s
crease of notwithstanding establish
ments. and the multiplied number of
railway trains that rush over the ar
teries of traffic. There is little doubt
that this combination of circumstances
has resulted in placing coal prices alb
normally high for the Time being, and
that later on they VIII be lowered and
adjusted to more moderate figures.
There is no present danger that the
supply MIL be exhausted. for accord
ing to statistics Of Mulhall. the coal
fields OF the globe aggregate i7i.0oo
square miles. of which our own nation
contains 10000 square miles and he
estimates that there is absolutely no
danger OF the worlds supply becoming
exhausted within the next 1000 years
BY that time, if the world progresses at
the present rate, the fuel problem Will
have been solved through more eco
no1nical methods.
The present situation ought to and
doubtless will stimulate production,
and, it is hoped. result in advantage tc
miners and later on to consumers
Some conception of the great difference
in prices of the present from those OF
the last year may be found from the
statement of a Burlington manufacture
ing house. whose coal consumption last
year cost them So 900 and This Sear vii
cost s2sooo This means that an adj
vance must be made in the price O
products toeoS;er the extra cost or that
the loss must be suffered by the cor
poratiens. Thus eventually the psopl,
will pay it until Increased production o
fuel overtakesf the consumption. In tn
,reeent eft,,ation Dse,n,s ar,. r,rnin,
tbef, atte,,tfon u otbsr fuel and /,
more econoInical methods Of consump
ton mat viIls not he wftbeut benefit i,
~ e,yi,,f.t, ti3,,5.,1 ,,-l.,
NEW lDis9A e'N III I , n.
One Of The most heiplai additions /
the discussion q tae crust opisfa IA
recently been contributed q I ne ssfsp
ner's Magazine by President HadieS
Of Yale t'niYersltX az HaaleY
method Of handling the subject d1s
plays a knowledge OF the basle pftnei
pies Of political science ara q nEea9i
of information OF every day aifail's ina
makes his article moi only fur an
convincing, but almost text ffel
which to study the subject
The president Of Yale University res
ognizes the enornlty Of the trust :loyt
ment, but advances the opinion hat
has about reaehed IT'S limit Ii
Burge Cochran he recognizes the tra'
10 be an economic and not politie'
development from winch he argh
that those trusts Nllieh are eeonom
cally useful viii survive. while tho:
that are not win fan q their on
weight As to their eantrol By legisli
ton, President Hadlsy says we cal
not make law which shah allow
right exercise Of discretionary pow
and prohibit Is wrong exercise A
hitting. as Cochran did, the inabili
of laws TO protect desirable and usef
corporations and destroy the bad one