COAL INDUSTRY IN NEW SOUTH WALES
STABILISATION PROPOSAL. [ Australian °rfiss Assn. ) SYDNEY, Sept. 15. The Government’s proposals for the stabilisation of the coal industry will involve a reduction of the selling price by four shilling a ton for coal sold locally and one shilling a ton on coal sold overseas. The State Government will bear two shillings of the eduction, and the colliery proprietors one shilling, and the employees one shilling by means of periodical wage reductions. The Premier, Mr Mr R. Bavin, is of opinion that this scheme will enable at least 2500 extra men to be. absorbed by the Newcastle fields before Christmas. The big steel works there have signified their willingness to reduce the price of steel, which will lead to a large output.
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Bibliographic details
Wanganui Chronicle, Volume 71, Issue 220, 17 September 1928, Page 7
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127COAL INDUSTRY IN NEW SOUTH WALES Wanganui Chronicle, Volume 71, Issue 220, 17 September 1928, Page 7
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