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| | Technology, Invention, and Innovation collections |
 | | The Philadelphia and Reading Coal and Iron Co. was organized in order to ensure its parent company, the Philadelphia and Reading Railroad, a dominant position in the transportation of anthracite coal from the Schuylkill fields of eastern Pennsylvania. |
 | | However, since it was illegal for railroads to directly own coal fields or operate mines in Pennsylvania, the company had to organize a separate company for the purpose. |
 | | Originally, the company did not intend to mine coal itself; rather, it would rent the collieries it had acquired to independent operators, with the stipulation that the end product must be shipped over the Philadelphia and Reading railroad's lines. |
| americanhistory.si.edu /archives/d8282.htm (1783 words) |
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