Home > Term: snake statement
snake statement
A monthly statement by a coal company on which a crooked line in red ink was drawn to show a miner's indebtedness. The company checked off rent, supplies, and groceries, which often added up to more than a miner's monthly earnings.
- Part of Speech: noun
- Industry/Domain: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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Creator
- ed.young
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(Milwaukee, United States)