BRITAIN TO IMPORT LARGE SUPPLIES OF COAL
LONDON, Nov. 21 (Reed. 6pm).— Britain will spend 20,000,000 to 25,000,000 dollars buying coal from the United States and Poland during the coming winter, says the "Daily Express." Experts estimate the winter’s demand for foreign coal at 2,000.000 tons, which means that the present fuel crisis will cost nearly three times as much in imported coal as the crisis three years ago. Foreign coal is needed to meet the demands of home fires and will not be re-exported. Alter Christmas household supplies will depend on the weather.
Britain is buying coal so that, the National Coal Board can keep its own markets at prices up to 25s a ton higher than at home. The Coal Board fears that markets freed now to foreign competitors may be lost forever.
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Wanganui Chronicle, 22 November 1950, Page 5
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135BRITAIN TO IMPORT LARGE SUPPLIES OF COAL Wanganui Chronicle, 22 November 1950, Page 5
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