Waterbury Democrat., 1901-07-02
FILL YOUR COAL BINS
Giant Trust Will Hereafter Control
 the Coal Business.


 the Coal Business.
 Cleveland, July 2.-Before September all of the big corporations producing bitun inous coal, it is reported here, will have been gathered into one organ ization, similar to the United States Steel corporation. The capitalization will be enormous, probably second only to that of the big steel trust.
 As an auxiliary to this movement, being carried on by the promoters of one of the constituent companies Of the greater organiZation, q complete pool Of all of the retail soft coal in- teTests in Cleveland will be effected within the next ten days, for which preliminary steps have about been taken.
 From what can be learned, work upon the big coal trust has been under way for greater length of time than any of the other industrial combina- tious.
 J. F. Morgan, the advocate of coal ition first started in with his coal con- binations three years ago, making the first movements along the line of con | trolling the products of the Ohio and West Virginia fields. At that time he obtained complete control of the min 1 ing property i'll the Hooking and Shaw nee valleys.
 In order to give an outlet for this coal, he purchased certain railroad property, and this started the combiua- l tion mania along the line of railroad ownership which has gone to extraor- l dinary lengths.
 The proceedings in the present com 1 bination are similar to those displayed l in the formation of the steel trust One | va an 11 |. 1 Pittsburg district which ship coal to l the lakes were collected into one organ | ization known as the Pittsburg Coal l Go.
 l About that time the same interests ! which snip coal from that territory 1 down the river formed what since has I been known as the Monongahela Coal l Go, each being combination of small l CT companies, making an organization l Of much importance.
 The desire to control other coal ter ritory in the same fashion that the 1 larger companies might be easier han dled by MT Morgan, has led to the se- lection in certain quarters of confiden- tial agents. As an outgrowth of this 1 policy. m organization was completed l in Chicago ten days ago known as the l Illinois Coal Co. which owns two- | thirds of all of the coal land in Illinois and western Indiana.
 About the same time it became known generally that NJ. A. Hanna and others in this territory had about com 1 pleted the absorption of most of the coal properties in the AIassillon dis trict. This is expected to be com | pleted in the next ten days.
 The West Virginia coal production is virtually owned by one company. l the Fairmount Coal Go, which in turn is the property of the Baltimore and Ohio railroad. The other interests in the territory are all owned by the Nor folk and Western railroad, the Chesa- peake and Ohio railroad, or the Penn l sylvania railroad, all of which, with the Baltimore and Ohio, now form l practically one big railroad organiza- ton, being owned by one company.
 Now the Illinois Coal Go, the Pitts burg Coal Go, the Monongahela Coal l Go, the Fairmount Coal Go, the Hook ing Coal Co and the Nassillon Coal 60 are all collected into one big organiza- ton, the name of which has not been l selected