Toward the conservation of our mineral resources little can be done by Federal action. The output is determined not by the mine owner, but by the consumer. The withdrawal of vast areas of supposed coal lands tends to increase price by restricting the area of possible supply. Nor can such deposits be utilized eventually except under some such system as is now employed. It is foolish to talk of leasing coal lands in small quantities in order to prevent monopoly. Mining must be carried on upon a large enough scale to be commercially possible. The lessee of a small area could not afford to install the necessary machinery and provide means of transportation without charging for the product a prohibitory price. The land should not be leased by the acre, but by the quantity of coal contained in the land (applause). A vein four feet thick contains about 4,000 tons to the acre; in many fields there are three, four, five, and six veins containing from fifteen to thirty feet of coal, or from fifteen to thirty thousand tons to the acre. What we want is intelligent understanding of the situation (applause). Under too restrictive conditions the coal would remain in the ground indefinitely. The people of the West see little practical difference between a resource withheld entirely from use and a resource dissipated or exhausted. They understand by Conservation the most economical development and best care of resources. It is the only definition consistent with the natural growth of communities in the history of the civilized world.
The prairie States are more interested than any other in the question of cheap fuel. We do not depend on Alaska for our future supply. There is abundant coal on the Pacific Coast nearer to our seaports and commercial centers. Vancouver Island is underlain with it; today, while the railroad companies with which I am connected bought coal lands on Puget Sound, which they still own, we are prepared to burn oil from California instead of coal. I speak of that as a practical reason why we should, before we leap, look to see what the actual conditions are. Then, to say nothing of Nova Scotia on the Eastern coast, there is coal in Spitzbergen, within the Arctic Circle, actually nearer our Eastern markets than the coal of Alaska. While we lament the exhaustion of our coal supply, we maintain a tariff that compels us to draw upon it continuously. It would be well to cast out this beam before we worry too much over the Conservation mote. (Applause)