COAL - Clpdigital.org
COAL - Clpdigital.org
COAL - Clpdigital.org
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32 THE <strong>COAL</strong> TRADE BULLETIN.<br />
firing, and one man to do it, the operator could<br />
take all the time he deemed necessary for the<br />
work. A clockwork record could lie easily attached<br />
to the keyboard, showing not only the<br />
exact time between shots, but also the exact time<br />
each individual shot was fired. In the event an<br />
explosion should occur, this record would also<br />
show whose shot caused it.<br />
"This electric firing would put a stop to loss of<br />
life. As I said before, I am of the opinion tlie<br />
cost would not exceed our present system. ln<br />
small mines the daily cost of wire would he small;<br />
so would the saving on shot firers' wages. In<br />
large mines, employing six or eight shot firers,<br />
the cost of wire would be pretty heavy, and<br />
THE SAVING IN WAGES<br />
would be correspondingly large. But suppose<br />
the cost was very materially greater than the<br />
present system, the game is worth the candle. The<br />
present shot firing law imposed a cost upon the<br />
operators ranging all the way from $1,000 a year<br />
for the little fellows to $50,000 a year for the big<br />
companies. Yet no one questions the wisdom of<br />
a law which puts a stop to the wholesale holocaust<br />
of miners or would see it repealed; and if a<br />
law requiring electric firing went into effect, and<br />
added further cost to the operator, the saving of<br />
life would justify it and public opinion uphold it.<br />
As for the operator's pocketbook—well, when the<br />
shot firing law was passed he simply handed on<br />
to the consumer the extra two or three cents psr<br />
ton cost; and if electric firing was compulsory he<br />
would figure in the added cost, if any, in making<br />
his price list.<br />
"There would be some difficulties in inaugurating<br />
a system of electric firing, which did not arise<br />
when the shot firing law was passed; and allowance<br />
should be made for them. A reasonable time<br />
should be given for operators to instal the system,<br />
and mines nearly worked out should be exempted—<br />
Ihe cost would be prohibitive to them. Perhaps<br />
the law should apply only to mines opened after<br />
its passage, or to those where the percentage of<br />
coal worked out is yet small; it should certainly<br />
be fair and equitable to all. Aside from the matter<br />
of justice, prudence would dictate a fair law,<br />
for one imposing an unreasonable expense on<br />
mines developed prior to its passage would not be<br />
sustained by the courts."<br />
Call For Waterways Convention Deferred.<br />
The preliminary waterways convention, held at<br />
Cincinnati June 29 and 30, decided it would not,<br />
on its own authority, call the contemplated national<br />
waterways convention, but would request<br />
the already existing national rivers and harbors<br />
congress to call it. It is expected the meeting of<br />
both bodies will be held at Washington in November<br />
or December. The convention named the following<br />
officers: President. Isaac M. Mason, St.<br />
Louis; vice-president, Albert Bellinger, Cincinnati;<br />
secretary, James W. Wardrop, Pittsburgh; executive<br />
committee, W. B. Rodgers, Pittsburgh, chairman;<br />
G. H. Anderson, Pittsburgh; M. T. Bryan,<br />
Nashville; J. F. Ellison, Cincinnati; Thomas Wilkinson,<br />
Burlington, la.; Frank Gaiennie, St. Louis;<br />
T{. R. Bourland, Peoria. 111.; John Fox, Blytheville.<br />
Ark.; and F. O. Fitten, New Harmony, Ind.<br />
VANDALIA <strong>COAL</strong> CO.<br />
The Vandalia Coal Co. was <strong>org</strong>anized in Pitts<br />
burgh through the efforts of President H. C. Mc-<br />
Eldowney. president of the Union Trust Co. Col.<br />
W. P. Rend, one of the former noted coal opera<br />
tors of Pittsburgh, is one of the aggressive spirits<br />
in the new combination. The coal companies<br />
which have joined the combination are the Island<br />
Coal Co., Johnson Coal Co., Indiana & Chicago<br />
Coal Co.. South Linton Coal Co.. Enterprise Coal<br />
Co.. Island Valley Coal Co., White Rose Coal Co..<br />
Shirley Hill Coal Co., Sugar Creek Coal Co.,<br />
Seeleyville Coal Co., Greenfield Coal Co., Minshall<br />
Coal Co., Raccoon Valley Coal Co., Asherville Coal<br />
Co., Home Coal Co.. Lost Creek Coal Co. and<br />
Zeller & McCIellan Coal Co. The combine owns<br />
20,000 acres of the best coal in Clay, Park, Green,<br />
Sullivan, Vigo and Knox counties, Indiana, with<br />
improvements worth $1,750,000. It has also<br />
leased from the Granite Improvement Co., the<br />
holding company of the Pennsylvania system in<br />
Indiana, the mining rights on not less than 9,000<br />
acres of coal along the Vandalia. A M. Ogle is<br />
president; John McFaydean, vice-president; Frank<br />
L. Powell, president of the Capital National Bank<br />
of Indianapolis, treasurer and chairman of the<br />
finance committee. The directors are: A. M.<br />
Ogle, Island Coal Co.; John McFaydean, Indiana<br />
& Chicago Coal Co.; Frank L. Powell, W. H. Hubbard,<br />
Island Coal Co.; W. J. Snyder, of Brazil,<br />
Ind., representing the Zeller & McCIellan Co.; W.<br />
W. Ray, of Terre Haute, representing the Sugar<br />
Creek Co.; Col. W. P. Rend, of Chicago; John L.<br />
Crawford, of Terre Haute, representing the Home<br />
company; W. H. Donner, of Pittsburgh. The<br />
capital is $7,000,000, and the Union Trust Co. has<br />
underwritten an issue of $3,000,000 bonds. There<br />
is $2,000,000 preferred and $2,000,000 common<br />
stock. The Union Trust Co. is trustee, and to<br />
secure the payment of the bonds 5 cents on every<br />
ton of run-of-mine coal is deposited in a fund<br />
which must not be less in any one vear than $100<br />
000.