CABLE NEWS

Gisborne Times, Volume XXV, Issue 2044, 22 November 1907, Page 2

CABLE NEWS

N.S.W. COLLIERY STRIKE. MR. WADE ANNOUNCES SETTLEMENT. FORBEARANCE ON BOTH SIDES. A COMPROMISE EFFECTED.

United Press Association —Copyright (Received 6.43 p.m., Nov. 21.) SYDNEY, Nov. 21.

It is understood that the proprietors have accepted Mr. Wade’s proposal, with certain reservations. (Received 7.40 p.m., Nov. 21.) Mr. Wade, making a statement m the Assembly, said he was glad to announce that the coal trouble had come to an end. Owing to the forbearance of both sides the negotiations had arrived at a state at which a compromise was effected that "was fair and honorable to all concerned. He traced the history of the negotiations, and added that after the meeting of proprietors'to-day he.had received information from the chairman that they had agreed to accept the conditions of settlement. TRIBUNAL TO BE APPOINTED. (Received 9.32 p.m , Nov. 21.) SYDNEY, Nov. 21. Mr. Wade said he had received a written communication from the miners and a telephonic message from the proprietors, after the latter had obtained his interpretations of certain clauses of the proposal, that they were willing to accept the conditions of settlement. Ho considered there was no room now for misinterpretation. The only thing that remained was the. appointment of a Court at an early date. No doubt when the constitution of that tribunal became known it would be such as would give both parties as well as the public satisfaction, and assure the acceptance by the parties of whatever award might be made. He thanked those who assisted in the settlement. Points raised had required much consideration, and had been fully and reasonably discussed. He hoped it would result in the establishment of lasting peace. The statement was received with much cheering. Mr. McGowan, on behalf of the Opposition, expressed his deep appreciation of Mr. Wade’s efforts at settlement. He suggested, “f special legislation were required in connection with the tribunal, to let everything stand aside while it was passed. Mr. Wade replied that he thought the present law would be sufficient.

GREAT REJOICING AT SETTLEMENT. *

PRODUCE AND COAX DOWN. MINERS TO RiE-START. (Received Nov. 22, 1 a.in.) SYDNEY. Nov. 21. There is widespread relief and rejoicing- lat the settlement of .the strike, which has eased the tension and sent down prices in the produce and coal markets. The ferry services resume their normal running. Preparations are already being made for re-starting the mines. It is a foregone conclusion that the Miners’ Lodges will endorse the settlenienit. Ail that have so f-ar voted favor the miners’ committee of management’s chairman, Mr. Bowling, ■as a representative of the proposed tribunal. WESTPORT COAL TRADE. FEARS OF A SHIPPING MONOPLY Press Association. WESTPORT, November 21. A deputation of townspeople headed by the Mayor, waited oh Mr. Reece, chairman of directors of the Westport and Stockton Coal Co., last night, and urged that he place before his fellow-directors the question of keeping the company free from any agreement with the Union Steam Ship Company, or any other company, so that coal may be quoted f.o.b. at Westport, and any ship that came along would get; cargo. The speakers deprecated a monopoly as against the interests of the district, and urged Mr. lleece to do what he could in the matter, consistent with the consideration of the best interests of the shareholders. ' In the course of his reply, Mr. Reece pointed out that only one shipping company was visiting all parts of the colony, and that must bo taken into consideration. He expected that a large portion of his company’s coal would be shipped outside the Dominion, but would place the representations of the deputation before a meeting of the directors.