BRITISH GOAL TRADE
EXPORTERS’ PROTEST AGAINST RULING HIGH PRICES. DANGER OF A GLUT. (Australian and N.Z. Cable Assn.) Received August 4, 5.5 p.m. LONDON, August 3. The Coal Exporters’ Association lias written to Mr Lloyd George protesting against the jiresonL high prices of coal, which they declare are contrary to the spirit, of settlement under which the Government provided £10,000,000 in order to enable the colliers to recover Ihe home export trade. The Association maintains that there is a danger of this leading to short time at the mines and precipitating another crisis. The Ministry of Mines points out that the prices arc now entirely a matter of supply and demand. The Board of Trade reports the output for the week ended July 23 amounted to 4,332.000 tons, compared with 3,93a,000 tons in the previous week, and 4.284.000 tons in the corresponding week in 1920. There are still 131 coal mines idle, involving 26,000 men. A further 29 pits, employing 29,000 men, have recommenced since July 23.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19210805.2.42
Bibliographic details
Waikato Times, Volume 94, Issue 14716, 5 August 1921, Page 5
Word Count
167BRITISH GOAL TRADE Waikato Times, Volume 94, Issue 14716, 5 August 1921, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in