BRITAIN’S FATE DEPENDS ON CHEAPER COAL
LONDON, Aug. 23. If Britain could not cheapen the price ol coal, the cost of her manufactured goods for her home market and lor export would be beyond the reach of the purchasers, and Britain would find herself on the way to ruin, said Mr Alfred Robens, Parliamentary Secretary to the Ministry of Fuel, in a speech at Oxford. If the fuel target was not reached this year, the damage to the export drive would be very serious, he said. The export of 100 tons of coal brought enough foreign exchange to buy 12,300 gallons of petrol, or 1,000,000 cigarettes from the United States. An improvement of only one per cent, in the absenteeism would give Britain an increase of 2,000,000 tons of coal a year.
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Greymouth Evening Star, 24 August 1948, Page 6
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132BRITAIN’S FATE DEPENDS ON CHEAPER COAL Greymouth Evening Star, 24 August 1948, Page 6
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