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Arthur Burr and the Development of the Kent CoalfieldArthur Burr was a speculator who, virtually single-handed, kept the Kent coalfield going for almost twenty years despite the constant threat of economic collapse. He formed the first Kent coal company in 1896 to build the colliery at Shakespeare Cliff. It was supposed to cost £50,000 and be producing 3,000 tons of coal per day by 1900. In 22 years of working it cost more than £1 million and never produced any commercial coal.
Burr was still convinced that Kent coal would make both he and his investors rich, but hadn't counted on flooding, or the coal being so far down, the seams being thin and folded, or the coal being such a poor quality. Nevertheless, between 1904 and 1910 he started five more collieries, each time running in to the same problems. None of his collieries managed to produce coal for commercial sale until 1912.
The strain of keeping the press and shareholders happy while not making any income for almost two decades, and to try and show that there was money to be made in Kent coal Burr began a complex and highly suspect system of forming new companies to undertake just small elements of the process of getting coal; one company would own the mineral rights to a colliery, another would sink the shafts, another build the surface buildings and so on. This meant that one of his companies could charge for digging a shaft, the bill being paid by another of his companies. Essentially he had become his own customer to ensure money moved around and profits could be shown. At one point in 1910 he was Manager or Director of 22 different companies, all of which had his Kent Coal Concessions Ltd as a major shareholder. Investors began to realise than any profits generated by the coalfield would be tiny when split between all the shares flying around and Burr was accused by some of being a conman. In 1914 he was forced to resign from all his posts and faced several legal actions for fraud and misuse of funds. Described as 'a dangerous rogue' by the Judge, he had judgements of £80,000 made against him and was declared He died in 1919 with many legal actions against him still outstanding.
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