BRITISH COAL INDUSTRY
REORGANISATION SCHEMES THE GOVERNMENT’S PLANS. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, November .12. (Received November 13, at 12.30 p.m.) The Government’s plans for the coal industry embodied in the Coal Bill 1937 were issued last night. Provision is made for unification of royalties under the ownership and control of the new coal commission. Reorganisation of the industry is furthered by a scheme for transferring to the commission the functions of the Coal Mines Reorganisation Commission, and by varying the powers of compulsory amalgamation. The Bill provides that each owner of principal coal hereditaments is to receive in compensation his proportion of £66,450,000, which, in accordance with the special tribunal’s finding, is to bo paid for the whole property.
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Evening Star, Issue 22805, 13 November 1937, Page 15
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122BRITISH COAL INDUSTRY Evening Star, Issue 22805, 13 November 1937, Page 15
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