Full text : Bergwirtschaftliche Arbeitsgemeinschaft

:. Wholesale firms, pools and trusts of world wide repute superseding
 the private party with whose power and strength the
former mining-laws used to reckon almost exclusively,
whereas, in regard to the above-mentioned great concerns
the official authorities now are, if not powerless, at least
frequently at a loss.
2. The concealment of mineral discoveries and of deposit-stock,
which used to be favoured by the former mining-laws is
detrimental to the general wellfare and may not any longer
be maintained in order to avoid the unjudicious working of
mines and in the very interest of science.
3. Overproduction and competition in prices lead to the forming
 of pools, monopolistic combinations restricted to one
class of products, or of horizontal trusts which rule the production,
 the system of sale, the prices and the prime improvement
 of mineral products of the same kind. The mininglaws,
 as a rule, are lacking in any formal regulation of the
above-mentioned points.
4. The wish for liberation from the check imposed by the purveyor
 of raw material or the compulsion towards an independent
 further working lead to the „integrated works”, to
great fusions, to vertical trusts, in regard to which the mininglaws
 are still more powerless.
Owing to the increase of the transmarine relations, the interests
 of foreign consumers and capital, international, even
diplomatic frictions, arise, a settling of which, in regard to
the tariff-policy, by way of commercial treaties is growing
ever more difficult, at least more complicated.
These immediate results experienced every-where will, however
soon be followed by others which we must try to expose if, in
good time we want to recognize and prepare suitable means of
prevention. Such future results of neglected opportunities in the
deposit-policy will be or may be:
1. The going over of home deposits into the hands of concerns
which cannot be controlled by the government or national
syndicates.

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