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By William F. Butler, Mo-Hung Che

DEVELOPMENT OF MONEY AND MONEY STANDARDS This chapter is concerned with the rise, and then the decline and fall, of gold and silver as monetary metals. As a first step in tracing the history of this process, it is necessary to consider the nature of money, and the manner in which different forms of money have developed over the centuries. The origins of money go back into deepest antiquity. Once men ceased to be pure nomads and entered into even a rudimentary form of society such as clans or tribes, money had to be invented The first step was barter as farmers or hunters swapped their surplus products for things produced by artisans such as shoes, clothing, and simple tools. But such barter trading is inconvenient even in primative societies It is difficult to match up buyer and seller at any point in time There are problems in arriving at viable and acceptable terms of exchange. The accumulation of savings-wealth-is complicated. No one can be sure that a pile of furs, or wheat, or certainly fish or game can be used in the future to trade for other goods or services. So even prehistoric man saw the need for money. There was a need first for something to serve as a medium of exchange This was an essential first step in the process of specialization-or the division of labor. A farmer, a hunter, or a shoemaker could only devote his full efforts to his trade if he could be sure that he could exchange his surplus production for the other things he needed for existence. This required a medium of exchange-a form of money which would be broadly acceptable. Money was needed for two other reasons Some system of market prices was essential to facilitate the exchange of goods and services. This required some form of common denominator-some standard of value-to govern the exchange process. And there was also need for something to serve as a store of value, a place to put any excess production (savings) with the assurance that it can be used in the future to acquire a general range of goods and services. As a result, money, in one form or another, developed at a very early state in civilization. Yet the centuries have been marked by a search for a form of money which will possess in full measure all of the attributes in money-a reliable and universally acceptable medium of exchange, standard of value, and store of value. -A wide variety of things have been used as money at one time or another: shells, beads, stones, feather, metals, and even the teeth of sharks and dogs. Some of these things were obviously of little or no practical value. They were used because people had confidence in their continued acceptance as a medium of exchange. As the world evolved and as trading ex-

Jan 1, 1976

By R. H. Thorpe

In the earliest days of mining coal the obvious method was by bord and pillar working. Longwall in Britain developed from this as an expedient to overcome bottlenecks arising from ? 1) increasing depth of seams causing roof control difficulties; and 2) ventilation problems. This system became almost universal particularly in the thicker seams, where faces of up to one mile in length were not uncommon. Coal getting in these faces was usually by pick and shovel, filled into small waggons of up to 15 cwts capacity. These waggons ran on rails laid alongside the coal face and were often taken away from the face to the main haulage roads by horses. The roof was supported by rigid props and the wastes were normally controlled by strip packing. This system of mining was very flexible and worked well down to sections of about 3'6"

Jan 1, 1976

By Edward A. McClatchie

A methane monitor that complies with 30CFR75.313 has been designed and fabricated using a novel pressure modulated infrared absorption technique. The methane monitor met or exceeded in performance all of its target specifications. The monitor was operated continuously during production mining for the entire duration (45 days) of the in-mine test; no failures occurred during the test. The monitor was regularly checked with calibration gas and no shifts in calibration were found during the in-mine test. Operating principles, performance data and electrical schematics are included in the report.

Jan 1, 1976

By D. D. Hamilton

The ISMS program provided for the development and demonstration of equipment modifications in both conventional and continuous coal mining systems. This report describes activities during the demonstration of the continuous equipment and includes machine performance, results of data gathering, system evaluation, and recommendations for implementing improvements.

Jan 1, 1976

By D. O. Hamiltion

The ISMS program provided for the development and demonstration of equipment modifications in both conventional and continuous coal mining systems. This report describes activities during the demonstration of the conventional equipment and includes machine performance, results of data gathering, system evaluation, and recommendations for implementing improvements.

Jan 1, 1976

By Carl R. Peterson

[In lTI n,v und I'gr'oun nllnin~ Opt'I'ali n' the high . t cost is the loading and I 3ulage of t tln-of -D"'line ot'. 01' hauling costs can be r duced signifi-cant\v with the us ~ (r \) >It corn'e)'OI' " a COnlTllOn pl'acti c i.n coal and other s 0 t'L rn I n r' a l III i, n e , '. Jf 0 vel s i z ' () f' e can bee 1 i 11.11 tl ate I rH'i 0 I' lO C n v e . in g, ]

Jan 1, 1976

This report, authorized by a subcontract with the Crouse-Hinds Company per Section 1.1.3b of Contract Number H0220065 Amendment Number Six, and the consent of the Contracting Officer, documents the results of an investigation to develop solid state ballasts for Lucalox high pressure sodium lamps. The ballasts were to be used in the modified and new portable and machine-mounted lighting systems designed by the Crouse-Hinds Company, per Tasks I through IV of Contract No. H0220065.

Jan 1, 1976

By John C. Cook

Channel sand bodies ("wants" or "cutouts") are deposits of barren, hard sediments which interrupt production and pose safety hazards when encountered in underground coal mining. To locate these costly impediments to mining in advance, from the surface of the ground, the seismic reflection method is recommended. High-resolution (high frequency) techniques for shallow seismic exploration of coal beds have been worked out and are reported here, including a field example. Newly-developed high-frequency, digital recording equipment was used, together with light-weight shot-drilling equipment and a variety of down-hole seismic impulse sources. Techniques for rapid but complete coverage of a coal prospect area with a crew of 2 to 6 men n 2 or 3 vehicles are described in detail.

Jan 1, 1976

By Lars G. Olavson

A prototype roof bolt which can be remotely placed by pumping has been developed by the Bureau of Mines. It is known as the "Pumpable Bolt". With the objective of field testing the effectiveness of the pumpable Bolt roof support system a mining machine was developed capable of installing Pumpable Bolts in the normal production cycle of a typical underground coal mine. The machine was built and the pumpable Bolt concept tested and evaluated as a total system in shop and mine tests. The machine was operated in the mining cycle of two mines and pumpable Bolts were installed at both mine sites.

Jan 1, 1976

By Hon-Yim Ko

The properties of coal from the Pittsburgh seam, procured from the Bruceton and Federal No. 2 Mines were found to be similar. Strength and stiffness properties of Beehive Mine coal were determined and the material found to be isotropic. Mechanical, index and geologic properties of roof and floor coal measure rocks from Beehive mines were measured and correlated. Analytic formulations are given for coal creep under uniaxial loading, while triaxial creep is being investigated. Results of testing of coal model structures are compared with predictions from using several material models.

Jan 1, 1976

By J. Adkins

This document presents a description of the results of a project aimed at producing a broad description of current mining training programs and an evaluation of their effectiveness with respect to reducing mine injuries. Aggregate training and injury data were used to evaluate the overall training effort at 300 mines as well as specific efforts in twelve categories of training course objectives. From such evaluations, recommendations were derived with particular emphasis being placed on identifying program characteristics that tend to be associated with effective training. Recommendations were also formulated with reference to role changes in industry and government interaction with respect to training programs, new or additional training programs, changes in the types of course materials and training methodologies, and recommendations concerning new areas for investigation.

Jan 1, 1976

By Juel H. Stears

The bureau of Mines analyzed data from 47 coal mine roof-fall resupport accidents that occurred from 1966 through 1974 to identify critical hazards .and problems. These accidents resulted in 62 injuries or fatalities. It was concluded that the majority of the accidents might have been prevented by observance of recommended practices and use of available technology such as setting temporary supports, adequate roof testing, etc. Additional work is needed in the following problem areas where present technology is inadequate: (1) warning of impending roof falls shortly before they occur, (2) better methods of detecting unsafe roof and ribs, (3) providing access to and temporary support of high roofs for testing and bolting, (4) reducing the noise level of stopers, (7) developing temporary roof support; that have greater stability and can be remotely installed, and (6) reducing the number of roof falls through better permanent support.

Jan 1, 1976

By Norman] [Seldle

This report describes the development of a mine machinery training system from initial conception through a task and skill analysis, a training system analysis, implementation of a prototype system, and initial validation of the prototype system. The objectives of the training are to improve safety and productivity simultaneously via complete, thorough training. A task and skill analysts was executed for shuttle cars, continuous miners, cutters, loaders, face drills, tractors, and scoops. The prototype training system is for shuttle car operator training.

Jan 1, 1976

By David A. Monaghan

This report describes the results of a 2-year investigation of extensible face ventilation techniques and systems for use at the working face in underground coal mines. The goal was to provide a safe and convenient method of maintaining the extensible system within 10 feet of the face, thereby ensuring good ventilation. A summary of approximately 20 extensible ventilation systems proposed or tried in the past is included for reference, together with a detailed description of the design, construction, and underground testing of a new extensible brattice panel and a new fiberglass duct system. The extensible brattice system utilized a special panel which could be pushed forward as the miner advanced. Brief testing in three mines revealed some conflict with the mining cycle and led to recommendations for two improved designs. The extensible duct system was designed for a Goodman borer and utilized a telescoping tube on the left side of the roof, so that it could be extended without interfering with the miner operator. For mine sections with right-hand return ventilation, a special flat tube section is used to cross over the entry. Underground testing showed substantial improvement in face ventilation without interfering with production.

Jan 1, 1976

A concise country-by-country summary of the mineral industry of Africa is presented. Reserves, resources, role of the country in the world mineral supply, and developments in the mineral industries are reviewed. The data on each country are accompanied by a map showing mineral location and transportation facilities.

Jan 1, 1976

By W. N. Hoskins

This report covers the final results of a two-phase contract study conducted between July 1974 and October 1976. A comprehensive summary of the initial phase of the study is included. Phase I of the study involved the investigation and evaluation of all potential candidate underground systems for mining the deeper deposits of oil shale and associated minerals in the Piceance Creek basin of northwestern Colorado. Phase II called for the refinement and the detailed technical and economic analysis of the most promising system, or systems, thus disclosed. Of the several systems initially investigated and evaluated, four showed considerable merit for exploiting the deeper deposits: (1) chamber and pillar mining with spent shale backfill, (2) sublevel stoping with spent shale backfill, (3) sublevel stoping with full subsidence, and (4) block caving mining using LHD's. Final refinement and analysis of these four systems indicated their technical feasibility over at least part of the range of conditions expected in the deeper deposits. Their economic feasibility also was indicated under certain operating and market conditions. A variety of engineering, production, and cost information is provided on each of these systems.

Jan 1, 1976

By Ronald D. Rothchild

This report describes the results of a study of longwall ignition hazards and specific suppression systems to minimize each of the major hazards. The major ignition hazards were identified by conducting a literature search and conversing with knowledgeable individuals in the United States mining industry. Three classes of potential ignition suppression systems are discussed: triggered suppression systems for face ignition, passive suppression systems, and control of ignition hazard in the gob. The triggered suppression systems included protection for the shearer, head and tail gates, welding equipment, and the shearer power cable. Passive systems include improved ventilation and water sprays, and charges in the shearer head. Gob protection can be improved by isolating the gob from working areas and by introducting inerting agents into the gob.

Jan 1, 1976

By J. L. Buckley

A survey of previous underground mine fires revealed a number of reported fires may have been caused by malfunctioning stationary electrical equipment. Therefore, an evaluation of conventional fire protection systems was conducted to determine their usefulness in the protection of this equipment. To simplify the problem and facilitate the handling of data, the under-ground mine was divided into nine work areas. Representative combustibles and associated hazards characteristic of each area were identified. Conventionally available fire protection systems were then examined and evaluated to determine engineering and cost feasibility, effectiveness and reliability for the development of fire protection guidelines which could be used within the nine areas of interest.

Jan 1, 1976

A compilation of papers presented at the Third WVU Conference on Coal Mine Electrotechnology in Morgantown, West Virginia, on August 4-6, 1976. Papers cover areas of electric power, electronic communications, detection and location of trapped miners, and electronic sensors and monitoring systems.

Jan 1, 1976

By W. N. Hoskins

This report covers the final results of a two-phase contract study conducted between July 1974 and October 1976. A comprehensive summary of the initial phase of the study is included. Phase I of the study involved the investigation and evaluation of all potential candidate underground systems for mining the deeper deposits of oil shale and associated minerals in the Piceance Creek basin of northwestern Colorado. Phase II called for the refinement and the detailed technical and economic analysis of the most promising system or systems, thus disclosed. Of the several systems initially investigated and evaluated, four Showed considerable merit for exploiting the deeper deposits: (1) chamber and pillar mining with spent shale backfill, (2) sublevel stoping with spent shale backfill, (3) sublevel stoping with full subsidence, and (4) block caving mining using LHD's. Final refinement and analysis of these four systems indicated their technical feasibility over at least part of the range of conditions expected in the deeper deposits. Their economic feasibility also was indicated under certain operating and market conditions. A variety of engineering, production, and cost information is provided on each of these systems.

Jan 1, 1976