THE COAL VEND.
SHIPPING COMPANIES IMPLICATED.
SYDNEY, December 21. The delivery of judgment continued throughout to-day, and is still unfinished. . , ■."■.. Mr Justice. Isaacs declared that the conduct of defendants would indicate an intention to combine for the purpose of raising prices of coal to a height limited only by the possibility of obtaining them. Dealing with the shipping companies, he said that they carried on the excess imposed by the vend, and were just as much responsible as the colliery proprietors. Before the combined agreement shippers played off one colliery against another. The shipping defendants must be held responsible, even if the detriment to the public travelled no further than the declaration of excessive prices pronounced by the vend and executed by the shipping companies. But the detriment proceeded further than this, the companies using powers of combination for additional advantage to themselves.
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Bibliographic details
Ashburton Guardian, Volume XXXII, Issue 8256, 22 December 1911, Page 5
Word Count
143THE COAL VEND. Ashburton Guardian, Volume XXXII, Issue 8256, 22 December 1911, Page 5
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