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A modern-day monopoly on northern people – CBC

Dec 10, 2014

“You load 16 tons, And what do you get?  Another day older and deeper in debt, Saint Peter don’t you call me ‘cause I can’t go, I owe my soul to the company store.”

In his hit record, “Sixteen Tons,” Tennessee Ernie Ford sang about how mining companies used to build whole towns that provided for every​ worker’s​ need​:​ shelter, clothing, food, furniture and fuel.

Unfortunately, this also gave the mining company a monopoly over every aspect of the workers​’​ lives. The​y ​were even paid in a form of scrip or credit which could be used at the company store, with the wage rate never high enough to cover all the bills – hence the line “I owe my soul to the company store.”

This kind of monopoly was supposed to have disappeared with the coal miners in Cape Breton​,​ but there is at least one Canadian company that still operates the way Tennessee Ernie described.

Read More: http://www.cbc.ca/news/canada/manitoba/a-modern-day-monopoly-on-northern-people-1.2868972

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