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Show I COAL. Coal is the most inefficient of th-great th-great Industries. Seasonal buying--! not enough miners part of the time, too many miners the rest of the time. Twice as many mines as are needed, with a 4000-years' supply underground and easily available, yet shortage fol-' fol-' lows shortage Profits rarely arc normal, nor-mal, either a feast or a famine. Out of each 2000 pounds of coal mined, only 76 pounds are actually converted into heat energy, the rest la waste The oil industry was much the same way until John D. came along. Coal also needs an organizing genius He wiy come. |