June 30, 1016. THE COLLIERY GUARDIAN. 1230 J. W. BAIRD AND COMPANY, PITWOOD IMPORTERS, WEST HARTLEPOOL, YEARLY CONTRACTS ENTERED INTO WITH COLLIERIES. OSBECK & COMPANY LIMITED, PIT-TIMBER MERCHANTS, NEWCASTLE-ON-TYNE. SUPPLY ALL KINDS OF COLLIERY TIMBER. Telegrams—“ Osbecks, Newcastle-on-Tyne.” *** For other Miscellaneous Advertisements see Last White Page. W (Ming tadiau AND Journal of tha Coal and Iron Trades. Joint Editors— J. V. ELSDEN, D.Sc. (Lond.), F.G.S. HUBERT GREENWELL, F.S.S., Assoc.M.I.M.E. {At present on Active Service}. LONDON, FRIDAY, JUNE 30, 1916. The London coal trade is brisk, and the demand as strong as ever. Supplies by rail are coming forward more freely, but the shortage is still very pronounced. The export trade offers far greater advantages in price than the London prices will permit. Steam coals are unusually scarce, and small nuts are entirely off the market. Pit prices are nominal and unchanged. On the Tyne and Wear the tonnage shortage caused fears of colliery stoppages, but matters have improved. Bunkers are plentiful and weak. Lanca- shire reports a demand above the normal for house coal, and a rather easier tone in bunkering and export business. Evidently Lancashire, Yorkshire and the Midlands are feeling the effects of licence restrictions and tonnage shortage, for prices tend to weaken. In some districts absenteeism has decreased, and the wagon supply improved. Manufacturing fuel is in heavier demand in Leicestershire. Tonnage arrivals are more numerous at Cardiff, but many of the ship owners are fighting shy of the Government’s schedule rates. Business has quietened a little in Scotland. Representatives of the Coal Owners’ Association and the Miners’ Federation met Viscount Reading at the Law Courts on Tuesday, and requested him to appoint a new chairman of the South Wales Conciliation Board. Lord Reading stated that he would select a chairman after considering the representations made. The 4O.th annual report of his Majesty’s inspectors of explosives for 1915 has been issued. The number of new explosives examined was very small. The Coal Exports Committee, on Wednesday, appointed Sir D. M. Stevenson chairman. Pro- posals were presented for dealing with difficulties encountered by local committees. An Order in Council empowers naval or military authorities to give directions for priority in coal orders or contracts in accordance with national importance. In connection with the visit of the Royal Com- mission to South Wales to enquire into college education, it was stated that the new college, as proposed, would cost £36,000. Sir W. Osler, one of the Commissioners, said that, with proper encourage- ment, Swansea ought to become the metallurgical centre of the world. The Economic Conference of the The Allies, held recently in Paris, under Economic the presidency of M. Clementel, Conference, the French Minister of Commerce, should have a far-reaching influence not only upon the efficient conduct of the war, but also upon the re-establishment of commercial prosperity when peace again prevails. To this end, however, something more than pious resolutions will be called for. It will be necessary at once to give practical effect to those economic measures which have been unanimously declared essential by the representatives of the Allied Governments. The keynote of all these resolutions is the same, and is clearly expressed in the official report of the Con- ference. The Central Powers are already alive to the paramount necessity in their own interest of re-establishing that commercial ascendency which they had so nearly won before the war, and which will prove, it is to be sincerely hoped, the greatest loss which they will suffer from their wilful dis • turbance of the world’s peace. How this commercial ascendency was being won is now fully realised not only by the Allies themselves but also by neutral countries. It would be nothing less than a disgrace to all concerned to permit a resumption of the pre- war tactics of Germany. There is here no question of tariff reform or protection in its former significance. The protection that is contemplated is of quite another type. It is protection ag’ainst that system of so-called peaceful penetration by which Germany hoped to dominate the world’s markets as a deliberate preparation for that armed contest which for 40 years had been her aim. It is protection from the intolerable burden of German domination, with its accompaniments of organised aggressiveness and unscrupulous disregard of commercial probity and fair dealing. Is there a man in this or any other neutral or allied country who does not desire pro- tection from this economic canker now and for ever ? The old controversies are dead-never, we hope, to be revived—for Adam Smith and Cobden themselves, if living now, would surely have been foremost in declaring that an end must be put, once and for all, to any possibility of a recurrence of the conditions which had been allowed to develop before the war, and in no small degree contributed to its outbreak. The resolutions approved by the Conference resolve themselves under three headings. They include measures for the war period, and measures for the transition period immediately following the cessation of hostilities—all of which would obviously be of a temporary character. In addition to these there are suggested certain permanent measures, as yet vague and undefined, but designed to render the Allies independent of the enemy countries in the matter both of raw materials and essential manufactures. The temporary measures are of such obvious necessity that there can. be no great difficulty in at once taking practical steps to bring them into force. Some of them are already in existence, and none of them can. safely be delayed. We refer hereto such restrictions as fall naturally under the designation of trading with the enemy, and the prohibition of dumping, which, there is reason to believe, would otherwise be attempted as soon as peace is declared. The enemy will naturally make a vigorous attempt to recover her lost markets, and to resume those artifices which had proved so successful in the pre-war period. To meet this it will be necessary for a period of time to submit enemy commerce to special treatment, and by the exercise of an effective regime to regulate it according to our own and our Allies’ interests rather than in those of Germany. Even this task may not be easy, for the enemy will certainly try her utmost to break through any barriers that may be set up against her. We must be prepared for every artifice the Teutonic mind can devise, but with most of these the Allies are already, by painful experience, familiar. It is in regard to the permanent measures that difficulties may arise. The Conference has pointed out the leading principle to be kept in view. This is to assure the independence of the Allies so far as concerns the sources of supply of essential raw materials, and to perfect their financial, commercial and maritime organisation. Herein, however, lies a vast field of economic reform which our previous laxity will render necessary. It is clear that the old laissez faire policy must vanish from our economic system. • So far as this country is concerned we think that a Ministry of Commerce will be essential to the effective realisation of the principles here laid down. In no other way can we hope to co-ordinate the many diverse elements which surround this complex question. One hesitates to attempt even to enumerate the problems that must arise in connec- tion with so great a change in our economic policy. If the Government is to have a hand in the future development of our industrial position and indepen- dence along the lines foreshadowed in these resolu- tions, it must be a very different kind of Government from any that we have hitherto experienced. We may perhaps be excused from expressing some diffidence in regard to the carrying out of such drastic proposals, involving a revolution in estab- lished methods of transport, a revision of the law of patents, trade-marks and copyright, the negation of our former attitude towards the endowment of scientific and technical research, and the imposition of such customs duties as commercial necessities may dictate. It will mean all this and more if we really intend to carry out the stupendous programme that the Paris Conference has laid down. The question of a possible shortage Coal Supplies in the coal supply of this country is and engaging the active attention of Public those who are responsible for the Utilities. conduct of such public undertakings as electricity supply, gas and water supply, and power for the transport services. The combined effect of enlistment of colliery workers and the increased demand for coal, both at home and abroad, for munition purposes have resulted in establishing a condition of some anxiety respecting the future. As regards the actual decrease of output, which amounts to an annual deficiency of about 36 million tons, this shortage will perhaps be eliminated in ^future in consequence of the organised effort now being made to increase the tonnage production of each pit by securing a more regular attendance of the miners. We are hopeful that good results will follow from the appointment of local committees. As to the manner in which these com- mittees act, this will probably differ in each district according to the nature of the problem to be attacked. In the meantime, the Government is being bombarded with advice, and resolutions are flowing in urging the need for prompt action. Public utility bodies are especially anxious to safeguard their supplies. Last week, for example, the Institution of Water Engineers, at their summer meeting, passed a special resolution calling attention to the necessity for priority to be given in the supply of coal for pumping stations and other purposes connected with public water supplies. Then we have the case of the electrical supply companies. It is unfortunate that we should be compelled now to suffer from the disadvantages arising from the multiplicity of small power stations when so much saving could have been effected if large central plants had been adopted. This is another instance of the unscientific lines along which Parliamentary proceedings have travelled in the past. The adoption of a number of small power concerns was a deliberate proceeding arising mainly from political considerations, such as the dread of any action which might savour of encouragement to monopolies. Recriminations are useless now that the mischief is done, and the only thing that remains is to produce more coal. Our contemporary The Engineer, in a recent editorial upon this subject, suggests that the Eight Hours Act is responsible for the present difficulties, and it complains loudly that the Govern- ment, in deference to the representations of the miners, will not suspend this measure. In the early days of the war we suggested a similar course in these columns. This was at a time when recruiting was still active in the pits, and labour was being withdrawn almost recklessly from this indispensable industry. It was a position that arose quite naturally from the situation in which the country found itself at the time. We are all calmer now, and most of us can see that a suspension of the Eight Hours Act might not prove an effectual way of increasing output. The Act produced in many districts a complete revolution in the methods of working, and to imagine that • it wTould be easy to revert at short notice to the former system would be to neglect entirely the difficulties of carrying on so highly regulated and inspected an industry as coal mining has now become. Colliery owners, it is true, never wanted the Eight Hours Act, and it has not proved to be a success in any sense, either from a mining or social standpoint; but having at great labour and no little cost made the necessary arrange- ments for complying with the .Act, it is not likely that many pits would gain anything by its temporary suspense for a period which may not prove to be long. Our contemporary complains that coal owners