| Show TAX I 0 OX Ot I COAL CO ff iii I ii Ii Isi Colliery id Tolls loll ill ui II Us III I is tod 11 hail ml New York May Muy Smith president and 1111 general IH I of If the Ih 1 keon CoI lit my I IP II t sty lisa it 1 nf cir n Manchester England has ham ar am amri ri 1 h hII here re un in lila his hil way ay tu to un ca 11 business I Speaking Breaking of the recently Im Imposed posed export tug tl of or a shilling a ton on 01 h coal he said Raid The tax tru Is a retrogressive le action and andone andone one which will trill 11 In a very ery short shirt time die dis dislocate locate trade trad and act alt as am a a detriment on nn commercial activity The British government Is II I under the tho Impression lul that the foreign consumer r will wi pay Ilay That hat however is I already proving to tobe tobe tobe be a commercial fallacy rall The foreign fordan consumes In Is II nut not going to pay such Hh a tax for his hil coal cool He lie buys eal in the cheapest theal t The American t tI to o Inn the Immense or of their coal 1011 previous to ti 1 any ques question I tion tOI tIn of this export exl Oit tax talc on un the h product product were making a very tory III bold bid hil to oust us lie tl front from the th markets arid anti now the Imposition of IC It this fix Is II the gol len Iun opportunity they thai tW have havo been looking for forThe forThe The he tax ham Imn resulted In my m company BH as 8 well neil 11 us a numerous others throughout Ingland and Scotland being nl to tn raise the price lines of ot steam coal for which hlll there th has hll been heen a I remarkable de dp demand demend I Imand mand mend since the tax ta from ton ten ti to twelve shillings a 0 ton tomi Other grades Ill I ea have hav been len raised In price proportionately 0 Of course courBe the poor Inor lime 11 the chief sufferers The manufacturers too tOi have hate hal In man tAn instances instance had to tu I restrict their output anti and reduce their working forces |
