Répertoire des administrateurs & commissaires de société, des banques, banquiers et agents de change de France et de Belgique

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Monograph

Identifikator:: 829067299

URN:: urn:nbn:de:zbw-retromon-71927

Document type:: Monograph

Author:: Grandhomme

Title:: Die Theerfarben-Fabriken der Herren Meister, Lucius & Brüning zu Höchst a. Main, in sanitärer und socialer Beziehung

Place of publication:: Berlin

Publisher:: Schumacher

Year of publication:: 1880

Scope:: 1 Online-Ressource (96 S.)

Collection:: Economics Books

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MINERAL PRODUCTS. 11 of Europe. This country’s preeminence in the production of petro leum is even more conspicuous, so that the opportunity for exporting mineral fuels presents no immediate problems for the domestic producer. COAL. The exports of coal from the United States have never been large enough to affect the production materially. They amounted to 20,000,000 short tons in 1912 and 23,200,000 tons in 1913, or less than 4 per cent of the total output of the mines in each of those years. At present, however, while the six European nations that rank next to the United States as coal-mining countries are at war. the demand for export coal from neutral countries is inevitable. It must be granted that the sale of manufactured products for export is preferable to the sale of raw materials, but there appears now to be a large opportunity for coal export that will not curtail in the least either the domestic supply of coal or the activities of domestic manufacturers. The exportation of coal to South American countries must be of advantage both in establishing trade relations and in insuring a balance of trade in our favor. Already shipments to European and South American ports have begun, and there is demand for authoritative information regarding the quality of the coal from the different fields accessible to the seaboard. How this information can be obtained has already been mentioned on page 9. As stated by Secretary Lane, “ Coal is our one resource about which there need be no present anxiety.” In 1908 Campbell estimated that our reserves of easily accessible anthracite and bituminous coal were more than eleven hundred billion (1,106,527,000,000) tons and that nearly half as much more of the same grades was accessible with difficulty, besides comparable tonnages of subbituminous coal and lignite. Five years later a new estimate made by the same geologist, in the light of much better geologic data, especially regarding the extent of the Rocky Mountain coal fields, exceeded these figures by nearly 30 per cent. His estimate of more than fifteen hundred billion (1,500,000,000,000) short tons in the United States, exclusive of Alaska, was published in a volume on the world’s coal resources re sulting from an international inquiry made by the Twelfth Interna tional Geological Congress. This publication, in preparing which the geological surveys of the world cooperated, furnished the first au thoritative statement of the coal supply of the world, and showed that North America possesses nearly two-thirds of this supply and that the United States alone has reserves exceeding those of any other continent and nearly double those of Europe. In view of the steadily increasing consumption of coal in the United States the question how long the exportation of coal should be encouraged or continued must be considered at some future time,

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