Bisbee daily review., 1919-07-13


 vice, says coal is going to be scarce because labor will be scarce i through DirectorGeneral Hines, sees an impending danger because cars | The Administration of Railroads in which to haul coal will not be available.
 pr. GarfieId's Sum Up
 octor Garfield sums up his reasons for belief in a serious situation about as follows:
 An inactive market since the armis- | tice was signed, a mild winter, the consumption of last summers stocks rather than the issuance of new orders for coal this year and a resumption of business which will come late in the year.
 The labor shortage plays an import ant part in the forecast.
 The Geological survey says that the mines have been working only on half time basis since last fall.
 Idle mines mean idle miners and most of these idle miners have been recruited from the ranks of ali ems. enied work and wages, these aliens are returning to Europe by the boat loads. Already 34,000 have left these shores. At the present rate, by fall, the labor shortage will be serious.
 Secretary Wilson declares that war took 100000 miners from the industry. And the cessation of immigration has not permitted the repletion of the wan ing ranks.
 You cannot mine coal without labor, oI Io most optimistic sees ahead. You may have all the cars the most sanguine believes in. You may have all the other necessary conditions for pros porous season in the coal industry; but without men to dig the coal and without men to handle the coal, coal won't get into the bins.
 Then add to this the car shortage predicted by Mir. Hines.
 Mir. Hines deals in figures. He says the railroads have just so many cars in which to haul the nations commo- dities.
 Last year, because of war necessi- ties, coal was given a preference.
 A different situation exists today Embargoes have been lifted. Many industries denied coal for two years are preparin gon a huge scale to fill a long-unsatisfied want of the people.
 Lost Time To Be Reeained
 Automobile production is going to come back into it's own. The building materials industry is going to make
 Sewing machines, lawn mowers, car pet sweepers, kitchen utensils, cooking stoves, photographs, pianos and the thousand and one other commodities restricted in production, are going to be produced in unprecedented quani- ties-not only for domestic use, but for all the world. .A&NI
 Al lthis means transportation-the employment of freight cars
 And so, MT. Hines says there will be a division of cars this fall. Coal must take it's chance Coal can be hauled now-in the summer months. Coal can and should be bought and stored now, because it is the. natural thing to do. This will give other com modities a chance.
 So, soely upon the question of SUD- Rly and delivery the dealers and the consumers find sound advice in Mr. -Garfield's warning to buy now and store.
 And now comess the argument O. for early buying do not suffice, the pocket-book argument provides the motive impulse.
 Higher prices for coal are predicit- ed by such authorities as Secretary Wilson and MT. Babson of the depart ment of labor; by Irving Fisher, pro- lessor of economy at Yale university, by J. Ogden Armour, one of the na- tion's masters of industry, and by Judge Ebert H. Cary, the head of the great steel industry.
 These gentlemen say that present prices are natural and are here to stay
 They base their reasoning upon the increased cost of production and in- creased taxation
 SeFenty-five per cent of production cost is labor's wages. Iabor's com pensation is reflected in the price of it's products.
 Labor today is working on a war level basis. And labor won't consent to a reduction.
 Taxation was increased by war bills Taxes won't be reduced for many sccio lO COll4t-
 Readjustment Only Upward
 A new level of prices for labor and laDor's products is established There will be no readjustment unless it is upward
 This fact, plus the natural increase of costs winch demand and supply bring, plus the natural increase or costs which the difficulties of winter deliveries encourage, points to an ln- eYitable higher prlce Tor coal this fall and winter.
 There is yet the question of freight rates to be considered
 Samuel O. Dunn, editor of Railway Age" declares that the railroads viii have at least a 15 per cent increase at once.
 Senator Cummins, who will be chair man of the senate interstate commerce committee, says he is going to intro