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- Title
THE ANTHRACITE COMBINATIONS.
- Authors
Virtue, G.O.
- Abstract
This article describes combinations of anthracite coal producers, which have been one of the most prominent features of the anthracite industry in the U.S. as of 1896. These combinations have not been simply combinations of producers for the control of a trade, nor have they been merely pooling arrangements of carriers. It is in the fact that both mining and transportation powers have been enjoyed by several of the large companies, and that the combinations have been agreements not only of producers, but of carriers as well, the peculiarity of these so-called pools. The practice of granting the double privilege of mining and transportation dates back to the very beginning of the industry. Except for such small quantities of coal as were sent down the Susquehanna, these two canals remained, till after the middle of the century, the only lines of communication between the Lehigh Coal and Navigation Co. and northern fields and tide water. Charters were granted with provisions as various as the companies were numerous.
- Subjects
UNITED States; COAL mining; ANTHRACITE coal; COAL industry; NAVIGATION; CHARTERS
- Publication
Quarterly Journal of Economics, 1896, Vol 10, Issue 3, p296
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1882587