THE COAL VEND CASE.

Stratford Evening Post, Volume XXIX, Issue 93, 9 June 1911, Page 5

THE COAL VEND CASE.

EXTRAORDINARY DISCLOSURES. A MINISTER INVOLVED. Sydney, June 8. In the coal vend case, Cant, managing 'ircctor of the Kethel Company, admitcd that during the strike an agrecmcnl vns entered into between the Kctbel 'ompany and Mr. Hughes, Attorney-Gcn-•ral, Senator Guthrie and Peter Bowling dating to the sale of coal from the Young Wallsend and Ebhw Main eoirics. Hughes, Guthrie and Bowling, a consideration of the payment of £l. were called pm chasers, having an option to dispose of the coal from the said -ollicrics. the company to manage Hm •ollicries, they being guaranteed during ‘he agreement, unless an accident took •dace, an output of at least 1000 tons day, all the money above 8s a ton •reeived for the coal to be divided equally between the company and purchasers. The purchase:s had the power to terminito the agreement at any time after giving two cays’ notice, the company laving the power to terminate it when the selling pi ice fell below Us a ton or "I became impossible to sell at the price dxed in the manner provided. Attached to the agreement was an endorsement by Hughes, Guthrie and Bowling assigning their interests,Jn the agreement to Daniel Hutton, Albert Burns and Peter Bowling, the last three undertaking to vqnit. and release from the first Hirer if all responsibility in relation to the igrecmcnt. Witness said ultimately the Bail way Commissioners look possession if all the coal that had been raised and •mid 7s 7d per ton for it.