COAL PROFITS.

Grey River Argus, 26 February 1926, Page 7

COAL PROFITS.

WHERE THEY GO. f i Giving evidence before the British j Coal Commission recently the Duke jof Northumberland—who owns the I London “Morning Post,’’ whose junker politics are served up to us almost every morning by the London cableI crammers—admitted that he dr« w c 75,431 in royalties out of the coal industry during the 12 months ended | September, 1925, Taxation left him with about one-half of this, his net income being equal io the earnings of over 200 miners (says the ‘‘New Zealand Worker.”) When cross-examined by Mr A. J. ’ook, the miners’ secretary, who suggested that he did not earn his royalties, the Duke said that ALL PRO- | FIT WAS jHE RESULT OF SOMEBODY ELSE’S LABOUR. .[Giving further evidence the Duke, jvvho- is■ described ns “a small, sliarp’CTaturud, ginger-haired man,” said that hi? was not afraid of natiouaiisaAtlon b'Cftuse it would mean losing his 'A-jr5 t oop a year. “If I was afraid of that,” ho said, “I would .sell out to a .rCpn.seryative Government, from whom lit would get fairer treatment than the Gsovornmcnt we will have in two years’ time—a Labe nr Government.” | Replying to questions, he said Grat s6nie of his laud was purchased in the reign of James I. but thg bulk of it was acquired at much more recent dates. His forefathers got grants from the Crown as long ago as 1,300.. The cable-crammer was remarkably sil- . ent about all this.