BRITISH PRICES.

Ashburton Guardian, Volume XXXIX, Issue 9657, 14 July 1919, Page 5

BRITISH PRICES.

A PROFESSOR'S VIEWS

LONDON, July ,11. Professor W. Bons, fuel expert, declares he is afraid to expmss his real views lest' he shouldc be considered an alarmist, but if dear coal becomes, permanent England's industrial supremacy will be> doomed. Her commerce and trade will be irretrievably injured. Cheap coal has been, the magnet attracting to Britain raw mator ial for the-metal, cotton, and wool.

industries. ■ ■■;''' . The American output of coal m 191 / per worker was 770 tons and British 240 tone. The former Avas still increasing, while the latter was diminishing. . The Board of Trade has issued a White Paper explaining the increase in the price of coal. It states that the estimated deficiency on the working of the coal industry for a year fronl the 16th of the present month will be £46,600,000. The year's output is estimated^ 217,000,000 tons, less eight millions for consumption at the collieries, six. millions for miners' use, and thirty-two millions for bunkers leaving 161 millions over which the deficiency will, be spread.