Political Power and Social Theory, Volume 16 (Political Power and Social Theory)

About this book

Not long after the House of Morgan consolidated the anthracite coal mining industry into a single "community of interest," a federal commission appointed to study the anthracite coal strike of 1902 pronounced, "there is probably no commodity entering into human consumption which possesses so much the character of a natural monopoly as the anthracite coal of Pennsylvania" (quoted in Aurand, 1971, p. 15).