COAL-OWNERS'PROFITS
EVIDENCE AT BRITISH ROYAL COMMISSION
"PASSING IT ON"
By Telegraph—Press. Association—Copyright (Rec, March 5, 11.5' p.m.) London, March 4. At'the first sitting of Mr. Justice Sankey's Coal Commission, .Mr,- J. A. E. Dickinson, the Coal. Controfe's adviser, revealed the fact that\ : the coal-owners' profits for five years before the war averaged one shilling per ton, as compared with 3s. GJd. in the- ' first eight months of 1918. The price, was'officially raised by 2s. Gd. in June, 1918, when the profit became 4s. 9W. per. ton. Mr. Dickinson explained that : it was necessary to be very tender toward .the worst paying collieries. The result of the increased price was a charge,onthe consumers of an extra .£25,000,000 annually, which went into the pockets of the coalowners, who did riot need it. The increase was based on' figures which were sis months old, and Mr. Dickinson' admitted that it was unlikely "tha.t'a'ny increase would have been made if. JJm?? hod been available.—Aus.-!N .Z<- -OablO Assn.
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Dominion, Volume 12, Issue 138, 6 March 1919, Page 7
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163COAL-OWNERS'PROFITS Dominion, Volume 12, Issue 138, 6 March 1919, Page 7
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