Rensselaer Journal, Volume 11, Number 10, Rensselaer, Jasper County, 15 August 1901 — ABSORBING MARSEILLES TRADE [ARTICLE]

ABSORBING MARSEILLES TRADE

The United States Securing Big Ma—of Coal Business «T here. The British consular report regarding trade at Marseilles, issued at London Thursday, declares that the most vital recent development from a British view point is the determined attempt of the United States to obtain a monopoly of the coal imports at that port. The report further says it is still too early tn say how much of the general activity in Marseilles in the future will be due to American enterprise and energy; but it is certain that a large share of the future trade and commercial activity, both at Marseilles and in the south of France generally, will be absorbed by the United States and a considerable portion of it at the expense of the united kingdom unless British traders wake up to the danger and fight it by combination. "A great coal combine is contemplated,” the report adds. “Without it American coal will surely share the market, but will not be able to entirely oust British coal. It would simply be a question of freights and quality, both of which are against the United States, but the proposed combine looks dangerous.”