The Anthracite Coal Industry; a Study of the Economic Conditions And Relations of the Co-Operative Forces in the Development of the Anthracite Coal Industry of Pennsylvania

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Morgan and the individual operators last October the rates were advanced to 65 per cent.
Under these rates it is more profitable for the individual operator to sell his production at the breaker to the railroad company than pay freightratesandpersonallysellthecommodity in the markets.
The carriers of coal have not had their own way. The legis- latures of New York and Pennsylvania have frequently con- ducted investigations into their transactions, and passed laws TEAKSPOETATION. 77 to restrain t
...heir greed or make their combinations illegal. In 1865 a legislative committee from Albany investigated railroad charges, and showed that they had, during the years 1861-64, advanced prices 145 per cent. It raised a warning voice against the monopolizing of the carrying routes to market. In 1871 a legislative committee of Pennsylvania investigated the consolidation effected by the Reading, and took testimony from other carrying companies. In 1873 the constitution of the State was revised, and a clause inserted prohibiting the grant- ing of mining and carrying privileges to the same company.

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