BRIGHTER NEWS

Poverty Bay Herald, Volume LII, Issue 17154, 2 October 1926, Page 5

BRIGHTER NEWS

COAL STRIKE CRUMBLING TERMINATION IN SIGHT MEN’S RETURN NOT OPPOSED (Bloc. Tel. Copyright—United Press Assn.) (Sydney Sun Cables.) LONDON, Oct. 1. The Rhondda Valley local coalminers’ oxociilivo informed the management of the Ocean colliery, employing 11,000 men. Dial it would no longer oppose the men’s return. It is expected lint (id per cent, will resume work immediately. COAL SHARES BOOM WILD RUSH TO BUY STOCKS (Australian and N.Z. Cable Association.! LONDON. Sept. 80. A boom in coal shares set in in ihe Carditl Stock Exchange, speculators, who foresaw the termination of the strike, making small fortunes. Simultaneously there was a wild rush to buy coal at tho pitheads, prices soaring. ” DISTRICT MEETINGS CALLED CHASTENED LEADERS (Australian and N.Z. Cable Association. LONDON, Sept. 80. Delegates of the Miners’ Federation duly decided to refer the Government’s proposals to the districts, and the delegates returned to their districts in a chastened and disgruntled mood, but nothing definite is likely to be done for a week, except to hold district meetings, at which the miners will express their views on ihe, situation by means of a show ol hands. MINERS HELPED FINANCIALLY £1,261,000 FROM ABROAD (Australian and N.Z. Cable Association,) LONDON, Sept. 80. Mr. R. J. Cook and Mr. Herbert Smith attended the International Miners’ Federation meeting, at which P was reported that the British niineis had received grants totalling£l,2(lo,ooo from abroad to September 27 ami further sums since from America, New Zealand and elsewhere. [t is understood the prospects of further substantial support are very slender. German delegates argued against, a bait on coal exports. The meeting adjourned.