BRITAIN’S FATE DEPENDING ON CHEAPER COAL
(N.Z.P.A.—REUTER) (Rec. 11.ZU). LONDON, Aug. 23. If Britain could not cheapen the price of coal, the cost of her manufactured goods for her home market and tor 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. The export of one hundred tons of coal brought enough foreign exchange to buy 123 hundred gallons of petrol, oi' one million cigarettes from the United States. An improvement of only one per cent, in the absenteeism would give Britain an increase of two million tons of coal a year.
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Grey River Argus, 24 August 1948, Page 5
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137BRITAIN’S FATE DEPENDING ON CHEAPER COAL Grey River Argus, 24 August 1948, Page 5
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