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FINANCE THE BARRIER

COST OF RECONSTRUCTION.

i.,(Sydney Sun Cable.) LONDON, Ist July.

The .'.'Daily Mail" says1 that the principal about unofficial coal negotiations arises from the miners' plan .lcecssitat.ius; a forty-year loan of twisty ".millions sterling, and a guarantee fiat .the miners, owners, and tho (iove^um?Air vvj.l.l cany out reconstruction in ci the poorer mines. Mr. Churchill, the Chancellor of the Exchequer, is embarrassed by a drop in the revenue, tho result of the slowing of the wheels of .industry, and is unable to promise.t.ipt"the Government viU par ti-iipate i" the, guarantee.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19260702.2.60.4

Bibliographic details

Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 7

Word Count
92

FINANCE THE BARRIER Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 7

FINANCE THE BARRIER Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 7