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January, 1905 COAL AND TIMBER 13<br />

"Coal and Timber" wishes everybody a<br />

happy and prosperous new year.<br />

Coal anb afonbfr<br />

PUBLISHED MONTHLY BY<br />

Coal and Timber Publishing<br />

Company<br />

802 ARROT BUILDING, PITTSBURG, PA.<br />

C. W. SMITH, MANAGER GEO. A. WILLIAMS, EDITOR<br />

S. R. IRELAND, ADVERTISING MANAGER<br />

Communications relative to news of coal and timber lands, mines, shipments<br />

equipment, etc, as well as items of interest concerning owners, operators, shippers<br />

and officials, are invited and should be addressed to the Editor Coal and Timber.<br />

Checks, drafts and remittances and all matters pertaining to the business<br />

department should be addressed to COAL AND TIMBER PUBLISHING COMPANY<br />

Telephones—Bell, Court 2388; P. & A, Main 1790.<br />

SUBSCRIPTION S1 00 PER YEAR<br />

SINGLE COPY 10 CENTS<br />

ADVERTISING RATES ON APPLICATION<br />

PITTSBURG, JANUARY, 1905<br />

"COAL AND TIMBER" makes its initial bow and steps<br />

into the fieldof trade-journalism with confidence inspired<br />

by a realization of the usefulness and value which such a<br />

publication will be to the Pittsburg field. A review of coal<br />

and timber operations, mine news, shipments, markets and<br />

land transactions, with general, local and personal matters,<br />

is of particular concern to all parties interested directly or<br />

indirectly in the progress and development of these very<br />

important industries.<br />

Pittsburg is a centre for coal operators, shippers,<br />

engineers, mine supply and equipment companies, and enterprising<br />

capitalists seeking profitable investments, andit<br />

deserves to be represented by a journal that properly reports<br />

and exploits these various interests and covers the field<br />

thoroughly.<br />

New coal fieldsare so generally surfaced with valuable<br />

timber that the two products are naturally allied, and both<br />

are commonly included in the purchase of one tract of land.<br />

The established coal and timber interests of the Pittsburg<br />

field, which covers Pennsylvania, Ohio, West Virginia and<br />

reaches Maryland, Virginia and Kentucky, especially the<br />

recent remarkable discoveries and developments in West<br />

Virginia, entitle this district to special attention.<br />

The aim of "COAL AND TIMBER" is to do this very<br />

important work and to so improve with each issue as to<br />

make itself more and more valuable to its subscribers and<br />

advertisers. To this end it most respectfully invites the<br />

co-operation of all interested parties, promising on its part<br />

to exert itself to the utmost to promote and conserve the<br />

interests of all.<br />

THINK IT OVER<br />

Who can compute the cost? W r e refer to the price<br />

this country has paid the past year as a penalty for the<br />

ruthless and wanton destruction of timber, and for the<br />

indifference and negligence which has allowed a bounteous<br />

sufficiency of water to run away from commercial, industrial<br />

and domestic utility.<br />

Count the cost of the drought. First: stagnation of<br />

river transportation; boats out of commission; crews idle;<br />

capital idle; property deteriorating; "nothing doing" in<br />

supplies; shortage of coal at all points from Cincinnati to<br />

New Orleans and throughout all the dependent territory—<br />

the consumers paying advanced prices. Second: mines and<br />

coke works cease operations; labor idle; capital idle; property<br />

deteriorating. Consumers paying higher prices for<br />

coal and coke, and paying higher prices for every article<br />

in the manufacture of which these two commodities are<br />

important factors, while every store which caters to the<br />

patronage of these wage earners, suffers, and the influence<br />

of "slack water" is felt in large retail stores and the great<br />

wholesale houses. Third: manufacturing plants are compelled<br />

to shut down, either for lack of water or because<br />

the water is so bad that it ruins their boilers, and manufacturer,<br />

laborer, merchant and banker all suffer financialloss.<br />

These three are merely first instances. Follow them<br />

through all their commercial, industrial, financial, social<br />

and political consequences, and count the cost.<br />

The remedy? It is at hand. It is comparatively easy<br />

of accomplishment, and, compared with the immense profits<br />

which the investment will pay, we as a nation must be blind<br />

to our own interests and criminally negligent in our duty to<br />

posterity,if we fail to act; act promptly and liberally.<br />

A Divine Providence, Nature's God, has ordained laws<br />

which we but imperfectly understand; butif we would only<br />

do our part to retain and properly utilize the abundant<br />

supply of water with which this valley is blessed in the<br />

course of a year, we should have a boating stage from headwaters<br />

to the gulf every day of the year, except for ice.<br />

Dams, locks and channels will do this. A judicious<br />

"Forestry Movement" backed by proper legislation will<br />

do the rest.<br />

"Count the cost", and then decide whether we are to<br />

profit by the lesson of seven months drought, or are we to<br />

endure even greater commercial and physical suffering<br />

each succeeding year. Continued neglect and indifference<br />

means stagnation, even death, to many industries, at a<br />

cost of millions of dollars. Prompt, well-advised action,<br />

means commercial and industrial life and prosperity.<br />

Shall we head the lesson?<br />

Compute the cost of neglect, estimate the profit,—the<br />

necessity,—of action.<br />

Congress ought to hear from YOU.

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