New-York tribune., 1903-04-24
STILL HOLD CONTRACTS.
DEMAND By CONFUSION.
Dealer Says Coal Is Fifty Cents
Higher Than Year Ago.

-T,a 1esal hattie over the admission contracts
between the coal roads and the coal mining co1pa
MES was resumed yesterday at the continuation OF
the hearing before the Interstate Commerce com
mission OF the William r. Hearst suit Al tne oe-
ginning Of the session Clarence ! Shearn caHeo i0A
the contracts between the Temple Iron Company.
The Lehigh Valley, the Delaware, Lackawai1na anu
Western and the Philadelphia and Reaohns ran
roads The Guarantee Trust Company, OF this CITY,
IS the trustee Of these contracts, ano Mr. smear"
called Z C Hebbaro, secretary Of the company
Who said he had the contracts with him
Mr Shearn said they would show that wheh
s,,,nson G watkins who controlled eleven coertes.
made e move to build an.iRdependent railroad me
Baer systems the Lehigh Valley, the Deih"aie'
Isacka wanna and Western, the New-Hork ana ous-
ouehanna and the Erie combined and poush' ''eia
or TIE method was by buying out Simpson q
Watkins, and that was done Win Uhe S'"' " ~
Temple Iron Company
Tp TO that time the iron company IAN a o
furnace and was worth less than S0oOea Inc con-
tracts would show that the railroads uiueT
2 Baer's guidance guaranteed the STOCK ahu OoiiuS
- .t. ;rcn co-,oany to the extent Of $5OO0oO Ihey
showed a combination and the penalty 10 oe iiLi0'
ed on any railroad which violated the agreement,
E,x-yp6ge Campbell and Lewis E Kerr, OF the on-
-ario and Western. voiced the protest OF the con
..5C- of LAWYERS in opposition declaring that
,he contracts referred the purchase and SAFE OF
lands and 1eaenents in Pennsylvania, and were I'M
material 10 the issue before the commission
Ex-Judge Campbell declared the Temple Iron
os,e @-sendlx to him because It owned a charter,
The railroad ard the mine owners neeoed. ne Sa4U
Siunpson & Watkins appealed 10 me fa-iiOa0 "
,ala over their interests. The railroads guar ao
Of the Temple Iron company S'o0N w.
pl.tlt~ confidence ,,.o
NJ paws counsel fo= the trust company. also
denied the right Of the commission 10 lhFeS-s
,be r-1vate affairs OF the trust company anu az
vised Mr.. Rebbard TO decline to pEo0uoe 'H' o0--
tracts a..,5az .ba.
,o.I mining and the transportation OF coai was
rot nriyate but public business ana 'nal In0
mission had the right 10 invesusSpe e'e'' F
OF TIE business .x -, Contracts
,,I5 -,o+ he competent testimony IL they sno"eo
,he TRANSPORTATION rates to De the ia'e0 - ~
bination and not Of compeuuon- ..-..,+s
HOW do YOU account for the rate on aleni -
20 be double the rate on Dl'uiii4i
Commissioner Prouty- ,-
I'VE don't account for it., replied the l1"S -
chorus because il is not true o
-za commission instructed the witness 10 PiO
duce the contracts o-,-
Irnder advice of counsel IoF Inc NN0N Of
Mr. Hebbard declined to do So
NJ shear agreed to excuse Ex-President SaInuel
Sloan and asked TO be permitted TO Ieao nv
-a,ord the testimony Mr.. Sloan gave at leslSi0-
.; Investigation n 1897. when he testled that he
rs -,reseut at a meeting of coal road pre- oehIs III
r-ebr1,arv 1886 where it was agreed to olVloe pc
r7veerl the roads in certain proportions the lio-
@afio h1Si
: McAnuity, of Scranton, told OF d co!1ASSa
zoe hafyyeen committees of the railroads. anu IN
,5eT1srdent operators The operators agreed 70 SCI
m feir output TO the railroads for % per GEM u
The TTice II realized tidewater Mr Mcanufg ; .h
sser4ifed 8 blank draft contract as eIIlooIy oli
condjTions agreed and despite the oOJectiois -
of counsel the commission let MI SledIh ieao IL
for the record T.. 49,. ,-,o-.+o-s +o de-
,;,re- All their coal So per cent OF the price
IesIized at tiievater; each ton TO be 224o pounds
-.fh an allowance Of per cent LOT MfLe, 81 ~.
5..-,z fte f11ve-s-the railroads.&c. make Tnonthly
ravr7erts A further provision permitted the optI1
.s- 10 cease mining when the price OF thelr codI
- T5Sez-ate- fell below 3 o a ton - -,
y[-f4n q W Steele, of Glen Ridge n J., SaleS
sqe-T FOR the I.ehich Valley Coal company, was
~5fi1l5 NJ SheaTn said he would show that the
-@is-Cad conlrrany charged 81 . a ton Tor trans
porting the coal Of the Lehigh Valley Coal Com
nv zvrien II Owls. while 1t charged other IN
lIependent companies the schedule price OF from
Mr. Covan counsel for the coal company, told
steele 10 answer no questions relating TO the price
al which The Jehigh Valley Company seIIS IT'S
coal
dealer here said the market prices Of coal at tide
1iEe years, had been hlSher tIlaIl
he five previous Anthracite coaI was 90
.,erts a ton all around higher this month than II
was the same time last year. Some OF the price
circulars he received announced Sliding scale OF
discounts
retail dealers said Z had been difficult to get coal
except from brokers since the strike Of 1906