FOR MORE THAN one hundred and fifty years coal has been the solid foundation of American industrial growth. To provide the heat and power and energy for this development, more than 87 billion tons of coal have been mined since the recognized beginning in 1800 of the coal-mining industry in the United States. Today, coal constitutes 90% of the known, recoverable fuel resources of the Nation, in contrast to petroleum and natural gas, each of which accounts for less than 1%, with the balance of the Nation's energy resources taking the form of oil-bearing shale deposits. Government estimates place U. S. reserves of coal at 35 % of all the known coal in the world, or about one trillion tons, of which enough is recoverable by today's methods to last several centuries. In many major industries in the United States, a few companies dominate the field and account for most of the production. But the coal industry is made up of many companies, of which only a few produce as much as 1 million tons a year, and it requires more than 300 producers to account for 80% of the annual coal tonnage. And thousands of small and medium-sized companies are engaged in mining coal in as many as 30 states, although the bulk of production comes from mines in West Virginia, Pennsylvania, Kentucky, Illinois, and Indiana. Composed as it is of so many individual producers, distributors, and dealers, the coal industry is, in fact, an outstanding example of free competitive enterprise in actionaction that has enabled the industry to respond to any and all demands ever made on it in time of war or national defense, as well as by an expanding economy. In spite of its past record, however, the competitive successes of oil and natural gas and the glowing predictions about atomic energy have been stirring considerable debate on the role of coal in the future economic deveolpment of the United States. The coal industry has, indeed, many problems. But there are also many favorable influences at work, advantages that all too frequently are overlooked. We hear it said that the industry is waning because it has lost its biggest markets-railroad fuel and household heating-but little attention is given to the expanding de-
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