From the end of the U.S. Civil War in April 1865 to the onset of the Great Depression in October 1929, the business of America was business, to paraphrase President Calvin Coolidge in a speech he gave in 1925. During this time period, the Federal Government refrained from trying to regulate most aspects of American business, including its labor practices, out of fear of disrupting the economy’s recovery and growth.

During these freewheeling economic times, the coal business grew bigger, shifting away from small, often family-owned mines. Coal brokers began to buy mines or create arrangements with other mine owners to create efficiencies and savings in all types of costs — shipping and transportation, supplies, etc. — and to collude to maximize the sales price of coal and to minimize wages.

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