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,