COAL SUBSIDY.
NINE MILLIONS VOTED
SAVING THE INDUSTRY
BY CABLE—PRESS ASSOCIATION—COPYRIGHT. LONDON, Dec. 10. In the House of Commons, Mr. Winston Churchill, speaking on the supplementary vote of £9,000,000 for subvention in aid of wages in the coal trade, said he thought the cost to the country would be between twenty and twenty-one millions for nine .months. If the best hopes were realised the gap between the cost of production and the export prices would disappear when the subvention ended. ’’Was it too much to hope,” asked the Chancellor, “that the parties would get together and grapple with, the problem, so that the trade . would regain its old independent position? But for the subvention we would be standing amid the ruins of our prosperity.”—Reuter.
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Hawera Star, Volume XLV, 11 December 1925, Page 7
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124COAL SUBSIDY. Hawera Star, Volume XLV, 11 December 1925, Page 7
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