The St. Louis Republic., 1901-06-16

as quantity. II Is known that the House Of
Commons has agreed TO the tax proposed
that coal from dEsa, Aaan
to pay tax equal to Is cents a ton Nat
urally this tax Will fall upon the foreign
opportunity before W the American producer.
He has the markets heretofore supplied by
the British operators before him; The de-
mooting Of this coal tax afforded abundant
West virsini. Coal.
The acquisition Of the Leyland line Of
steamers by American owners has aroused
another wave Of British perplexity. for 1t
Is said that these sixty-five vessels are Sx-
ership in connection with American rail-
ways ard American collieries. One corre-
spondent has observed that II has been con-
ing in the chain Of American mercantile
domination was the line Of vessels TO carry
the American product to the foreign con-
sumer. Now that missing link has been
provided.
The London Times understands also that
oyertures have been made to the firm Of
for a line of steamships in securing Amer
lean contracts for the principal coalins
stations from England to the eastward-the
amount Of coal to be shipped annually un-
der the projected scheme. being upward OF
sWithin the last six months there have
been many cargoes sent to ports and places
on the other side of the world. and the coal
has given good satisfaction generally our
prices. (. O. b.. according to Mr.. Frederick
Saward. are now practically one-half OF tho
quotation for Welsh coal at Cardiff. and
the rate at Baitimore Is said to be no no
description Of coal at the pits mouth In
Yorkshire. As to the quality. our expert
Wsst S 'Hh VirSinia ian coal al shipped hi from Norfolk.
Newport News or Baltimore Is fully equal
to the Welsh product. 1t Is noteworthy that
carry this coal to the Mediterranean on the
basis OF Il shillings per ton freight. More
over, It must be borne In mind. az Mr.
Saward Observes that these vessels are Tor
eign vessels, owned and controlled very
largely by the Britisher who Is interesied
s IN %aaipE * Ss. our cost % 1obe
Tho president of the Consolidation Coal
Company OF Baltimore. informs me that
Quantities 10 Japan. through the suez
Canal, to the west coast Of Mexico. around
Cape Horn. and to Montreal via the St.
for 1890 1895, 1900 and 1901 (estimatedD read
in tons. 100000. 3T2, l92. 71ss.s4 and Sooo.-
900 respectively: The United Kingdom In
IS. ioS0 oil tons. Germany. the second great
est coal exporting country. dispatched only
s1i5.Oo0 tons in 1880 and l5.276.oc0 tons In
in coal exports: Belgium: ranking fourth.
exported sni.ooo tons in 1890 and e.sai.Sss In
TowiaE Coal to Cuba.
ports by the United States in the last de-
cade by far exceeds that Of any other ma
tion. while It now holds third place in
I'm total coal production. however. We
have taken hrst rank within two years. our
total output for 1899 dhe latest available
comparative ngures) being IN. 552. 564 tons.
against 220.0A 131 tons for the United King
dom in the same period. The figures a dec
ade ago show the United Kingdoms total
production to have been ISL lsi.eSs tons.
while the United States produced le.ss2 20
tons.
Canada continues to be cur best coal Gus
toner. our coal exports to British North
America being about three-fourths of our
total exports. Mexico Is our next best Gus
toner, taking more than half million tons
annually. The Mediterranean market IL
good and growing better; Most of the coal
Mediterranean. Cuba takes about $4,000
"An ever the United states trade
Journals have been commenting upon
eonpany, which has just had In aunch-
e 1t the 18th Iron Works one Of the
Anest anA largest ocean tugs ever
tow coal barGes between the United
States and the island whose name she
bears. The Cuha and her tow of foar
estisy 81 esest casa. 200.
Coal in Cuba is worth in the neishbor.
hood Of ns ton. The cost Of the coal and |
to Cuba will amount to S q ton This viii |
!eeve balance OF 80 ton profit. and on
z - tens. the amount Of one tow. a profit |
lAir expsctatjon from the Investment
"xoreoyer: II 2 the intention of the com
my 70 srs1s o.ss 5s.sr. Merchandise;
iron Philadeiphis % Cuba and return It l. |
s. 10 cubs .SS .es .is s.
~ the cost OF building the tug and the |
harges and that the returns on the invest