OWNERS' PROFITS.
Royal Commission's Finding On Coal Trade. MINERS TO FACE CUT IN WAGES (Received 10.30 a.m.) SYDNEY, this day. The findings of the Royal Commission on the average profits of the coal owners have been handed to the Government. It is believed that the report fixes the profit at something under 2/2 a ton, thus practically substantiating the Government's original claim that the owners were making about 2/. If the last proposition put up by the miners at the time that this inquiry was instituted still stood, the men under its terms would now have to submit to a wage cut of 10d a ton.
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Bibliographic details
Auckland Star, Volume LX, Issue 225, 23 September 1929, Page 7
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106OWNERS' PROFITS. Auckland Star, Volume LX, Issue 225, 23 September 1929, Page 7
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