Coal trade

Definition and stakes

Various,  Scientific American Supplement…

“ But from every point we look we reach this fact, that our coal trade is one which develops itself according to laws that we are perfectly powerless to control; if it seems to promise a less rapid increase here, it is only that it may spread abroad with accelerated vigor elsewhere; if it is our slave in some aspects, it seems as if it were our master in others.
Finally, we have to ask, What of our export coals? Rapid as has been the growth of our total production during the last twenty-three years, the growth of our export of coals has been greater still.
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Source: Gutenberg

Clive Day,  A history of commerce (1922)

“ Taking first the mineral products, and including coal with them, as common usage justifies us in doing, we find, at first sight, that this article takes a far lower rank among the modern wares than we should expect from its commanding importance in industrial life. There has been, it is true, a great growth in the coal trade, and considerable quantities are exported from England, Belgium, Germany, on occasion the United States, etc., for use in countries lacking coal mines, or at sea. There is an immense internal commerce in coal. ”
Source: Gutenberg

Portrait of Herbert Spencer Herbert Spencer,  The Principles of Biology, Volume 1…

“ The production of coal being previously in equilibrium with the consumption; and the consumption of coal for the manufacture of iron being but a small part of the total consumption; it follows that a {239}considerable extension of the iron manufacture, when it at length takes place, will cause but a comparatively small additional demand on the coal-owners and coal-miners—a demand which will not, for a long period, suffice to cause enlargement of the coal-trade, by drawing capital and labour from other investments and occupations. ”
Source: Gutenberg

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