May 3, 1918. THE COLLIERY GUARDIAN. 901 typewriter Wanted, for spot cash. Any make. Visible preferred. Full particulars to— WHITE, Arcade, Northampton. In Crown 8vo. Pp. i.-xvi. 4- 208. Handsome Cloth. Fully Illustrated. 7s. 6d. net. THE EXAMINATION AND THERMAL VALUE OF FUEL: GASEOUS, LIQUID, AND SOLID. By J. H. COSTS, F.I.C., and E. R. ANDREWS, F.I.C. Contents.—Introductory. Part I.—Chemical and Physical Examina- tion of Fuel -Sampling and Analysis of Gaseous Fuel and Flue Gases— Sampling and Examination of Liquid Fuel—Sampling and Examination of Solid Fuel. Part II.—Calorimetry of Fuel-Principles and Methods— The Calorimeter and its Surroundings—Gaseous Fuels—Liquid Tests— Solid Fuels—Bomb Calorimeters—Index. In Large Crown 8vo. Pp. i.-xvi. + 310. Handsome Cloth. Illustrated. 7s. 6d. net. THE CALORIFIC POWER OF GAS. By J. H. COSTE, F.I.C., F.C.S. LONDON : CHAS. GRIFFIN & CO. LTD., Exeter St., Strand, W.C. 2. 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—'1 Osbecks, Newcastle-on-Tyne.” *** F°r Miscellaneous Advertisements see Last White Page. AND Journal of the 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, MAYS, 1918. The London coal market during the week has been exceptionally busy. The public orders have compelled merchants to lift a good deal of stock coal. The colliery position in Northumberland is strong, and business with neutrals is rather more active at the. newly increased prices. All Durham coals, except steam smalls, are in demand. The bunker market is fairly good at the new figures, and coke is dearer for neutral destinations. The market in Lancashire appears to change very little from week to week. South Yorkshire steam hards are firm at 30s. for Allied shipment, and 35s. for neutral shipment, f.o.b. Hull or Immingham. Nuts are in heavy demand for manufacturing purposes. Diffi- culties in the Midland output have occurred through the calling up of miners. So scarce are superior steam coals in South Wales, that business for prompt shipment is difficult. As tonnage for official purposes is plentiful, best grade coals are not easily obtained by private contractors. The enquiry for bituminous is good. Demand exceeds supply in Scotland, and in many instances buyers have to be content with less than requirements. Anthracite coals of all descriptions are freely offered in Swansea and Llanelly. The market tone is easy. Eife and Lothian coal masters have advanced the prices of fuel exported to neutral countries. All Fife coal and washed materials, with the exception of third-class Fife coal, is increased by another 2s. 6d. per ton over the prices stipulated for France and Itffiy, and this increase applies also to Lothian large coal and washed materials, with the exception of second-class Lothian large coal. No increase in West of Scotland coal has been decided on. Freight business is slight, owing to the extreme scarcity of tonnage, but boats for allocation purposes are coming forward in fair numbers, Coastwise shipping from Humber to London is small. Rates are firm. New regulations under the Coal Mines Act, T911, have been drafted relative to the working of ganister and other stone. The final meeting of the Birmingham Metallurgical Society will be held on May 9 (commencing at 7.45 p.m.) in the Birmingham Chamber of Com- merce. A paper on “ The Blast Furnace and its Resources ” will be read by Mr. W. J, Foster. The Inter - Departmental Committee on Gas Traction, in an interim report just issued, recom- mends the further use of gas for traction purposes. According to several unofficial statements this week, more men are to be taken from the mines, commencing with those not actually supplying war needs. The Committee on Commercial and Industrial Policy after the War has issued four reports, embodying a number of important resolutions. The Government has conceded to men up to 44 the right of being legally represented before Military Service Tribunals. A meeting of coal exporters in Cardiff yesterday (Thursday) decided that the question of legal proceedings regarding brokerage should be deferred pending further efforts at a settlement by negotiation. The final report of Lord Balfour Post-War of Burleigh’s Committee on Com- Trade mercial and Industrial Policy after Policy. th®. War has now been issued, and the country is in possession of the considered judgment of one of the strongest and most representative bodies that could possibly have been got together to deliberate upon this important subject. The report itself is an interesting and instructive document apart from the conclusions which the Committee have drawn from the results of their • enquiry. Its twelve chapters are packed with information upon the various problems of British trade, and it is impossible in the course of this article to do justice to the value and variety of its contents. We shall therefore not attempt to do more than to direct attention to some of its most salient features from a general standpoint, leaving for further consideration their special application to the coal trade. The Committee very appropriately reviews, in the first place, the general position of British trade in 1913, the last year before the war. It shows that all was not well with our commercial position at that time. It is true that many branches of British industry were prosperous and expansive ; but this was not the case with the iron and steel trade, nor with certain other modern branches of productive enterprise. Some of these, of the greatest importance as a basis for other manufactures, were largely under German control. The position of our overseas trade was particularly unsatisfactory, and British manufacturers were faced with a kind of competition to meet which neither their enterprise nor their organisation were adequate. In short, British goods were in too many directions being ousted from foreign markets. The war, lamentable as it has been, has at least had the result of putting a summary check upon these adverse tendencies, and at the same time of opening our eyes to their chief causes. British manufacturers, whose adaptability and resourceful- ness have been greatly stimulated by the position which the war has brought about, have gained an immense advantage1 from the experience through which they have passed. They should therefore be in an exceptionally strong position to recover after the war the predominance which had previously been slipping away from their control. The object of the Committee was to determine what measures were necessary to be taken to secure this result. They have accepted the logical view that the passage from war to normal peace conditions will be marked by a period of transition. During that temporary phase it will, they think, be necessary to preserve some measure of the existing Government control over importations of goods and the supply of raw materials. To this end it will be necessary, to continue for some period after the war a certain amount of restriction both upon home and foreign trade. But the Committee are strongly in favour of the removal of all State control as soon as this can be done without undue risk. Upon this point there will certainly be general agreement. With regard to the policy of a self-supporting Empire, about which a great deal has been heard of late, the investigations of the Committee have led them to regard this as an unattainable ideal. There are certain commodities which cannot be produced in sufficient quantity within the limits of the British Empire, and there are others which cannot be obtained at all within that area. Although many of these are not absolutely vital, the list is sufficiently comprehensive to show that it would be both impracticable and economically unsound to attempt to make the Empire entirely self-supporting. But this does not preclude a very considerable measure of self-support, and the Committee recommends the formation of an Advisory Bureau for determining the resources of the Empire in respect to materials of economic and military importance. Passing over other matters, we note that the Report approves of the establishment of the British Trade Corporation, and rejects the proposal to set up an Imperial Bank of Industry. It suggests the legalisa- tion of combinations among exporting manufacturers in order to minimise rivalry among individual firms, and arguments are advanced to show that the interests of labour would in the long run be improved by the greater prosperity that would thus be secured. British manufacturers also will heartily support the opinions expressed in the report concerning the inadequacy of the percentage allowed for deprecia- tion of plant and machinery in the assessment of income tax. This serves as a useful reminder that Governments are not always sufficiently considerate for the best interests of trade where the question of revenue is concerned. The main interest of this report, however, centres about the question of future fiscal policy in the light of war experience. Although expressing an opinion adverse to a comprehensive tariff, the Com- mittee is in favour of Government action for safe- guarding “ pivotal” or key industries, which are to be maintained at all hazards, and at any expense. In addition to this it is recommended that Government assistance should be given to industries which are important for maintaining our industrial position, and whose development is checked by undue foreign competition or other causes. There are also other provisions for facilitating trade with the Dominions, the Colonies, and India, and for according favourable commercial terms to our Allies. It is held that pro- ducers in this country are entitled to protection against “dumping” and the introduction of “sweated” goods ; and, in fact, generally where either national safety is concerned or where important industries are in danger of being brought under alien control or otherwise threatened. The whole fiscal scheme, as laid down in this report, amounts to the adoption of a limited amount of protection, controlled by a strong and competent State Assistance Board. While deferring comment upon the important principles here set forth, involving as they do a complete reversal of our pre-war policy, it may be said that the recommendations of the Committee are in themselves a satisfactory answer to the economic war designed by Germany to ruin British trade. In many respects the measures advocated are no more than a legitimate defence against the methods which that country adopted before the war, the full signifi- cance of which has only been made manifest since the rupture of peaceful relations. The eyes of the whole civilised world have since been opened to the dangers of “ peaceful penetration ” ; and that country which refuses to profit by the experience which has thus been gained must be accounted wanting in the instinct of self-preservation. We called attention some time ago National to the Interim Report on Electric Electricity Power Supply in Great Britain, Supply: issued by the Coal Conservation A Criticism. Sub-Committee of the Reconstruction Committee appointed by the Ministry of Reconstruction. Dr. Addison, in a preface to this report, notes that important issues affecting municipalities and public bodies are raised in the report, and that these will be explored in all respects before any action is proposed to Parliament upon the subject. We now have before us a criticism of the whole scheme, drawn up by Mr. Ernest Hatton, engineer and general manager of the Newcastle- upon-Tyne Electricity Undertaking. The scheme has also been criticised by Mr. H. L. Pearce, electrical engineer to the Manchester Corporation. It is of the greatest interest and value to have the views of these prominent representatives of existing municipal power stations, whose special attitude with regard to the scheme proposed by the Reconstruction Com- mittee, deserves careful consideration. As Mr. Hatton points out, engineers of municipal power stations have already for many years been working in the direction of fuel economy, and their success in diminishing the coal consumption per unit of electricity generated has been an outstanding feature of progress in recent years. But there are other factors which govern cheap power supply besides low fuel costs, amongst which are capital expenditure and the utilisation of waste heat. In the latter direction the north-east coast area has achieved particular success, for in no other district has the development of electricity as a by-product been pushed to such an extent. But, as Mr. Hatton points out, the situation is here remark- ably favourable on account of the premier position occupied by Durham coking coal. The eleven waste heat stations in operation in the north-east coast area are estimated to effect a saving of 150,000 tons of coal per annum. Even if equally favourable conditions existed throughout the country, calculated upon the same basis, Mr. Hatton finds that the economy in coal consumption that could be effected by utilising waste heat would not represent more than 1,110,000 * tons, equivalent to a value of £550,000 per annum. This economy would not go far towards the saving of 55,000,000 tons of coal, worth £27,500,000, contemplated in the Government scheme. « Mr. Hatton then proceeds to examine the condi- tions of success of this new proposal: He assumes that it would be essential in the first place to take over all the existing power stations in the country, both those of local authorities and also those of commercial undertakings. For this would be the only way of providing the new schemes with a nucleus load, indispensable for its economic success. Since these works are, on the whole, to be regarded as examples of fairly economical power production under existing conditions, merely to take them over and work them from a few super-stations, taking into account losses in transmission and conversion, could not in itself effect any material saving in coal. Thus, as Mr. Hatton shows, the saving of 55,000,000 tons of coal could only be accomplished by electrically equipping works, manufactories . and collieries throughout the country in order to utilise the supplies from the proposed Super-stations. With regard to the proposal of the Sub-Committee to stop the extension or multiplication of uneco- nomical works for public supply, pending the erection of the new super-power stations, the assumption is made that after the war there will be a temporary lull in manufacturing output, of which advantage may be taken for the conversion from the old to the new order of things. There are, however, many who believe that the work of reconstruction will result in even greater manufacturing activity than has existed hitherto. If, therefore, full advantage