BRITISH LABOUR CRISIS.
-iV TELEGRAPH —PRESS ASSN., COPYRIGHT.
COAL SETTLEMENT
THE GOVERNMENT TERMS
(deceived This Day at 9.45 a.in.) LONDON, May. 27. Hon. Lloyd George addressing a joint meeting of coal owners and miners stated the Government proposal was for a temporary settlement, scaling down wages gradually to the economic level, tho deficiency being provided by a composite fund consisting of Government’s ten million contribution and the amount involved by the owners offer to forego profits. This temporary arrangement depended so far as Government was concerned on an agreement regarding the terms for a permanent settlement between the owners and miners or machinery whereby wages shall be determined. If they saw no immediate prospect of a permanent settlement, Governmnt would not put a. single sixpence of the taxpayers money on the table. Unless it was assured a permanent agreement would he forthcoming Government would not subsidise the coal industry and would not increase the contribution Ibjeyond ten millions.
The miners and owners meeting, will separately consider Hon Lloyd George’s statement.
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Hokitika Guardian, 28 May 1921, Page 2
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170BRITISH LABOUR CRISIS. Hokitika Guardian, 28 May 1921, Page 2
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