FRENCH EMBARGO ON COAL IMPORTS
BLOW FOR BRITAIN By Cable.—Press Association.—Copyright LONDON, Friday, There is a new crisis in the coal trade, owing to a decree by the French Government which will admit coal imports only under licence after June 5. It is understood that permits will be granted freely for domestic and industrial coal, but coal for railways, the Navy, gas and electricity will he excluded. France is the largest importer of British coal. She took over 770,000 tons in April, while in 1925 she took 10,234,000 tons. The object of the French Government is to prevent unemployment. British owners have been dumping coal freely since the strike. The Government is making representations to France, as the British coal industry is not in a position to withstand another blow. The miners complain of reduced wages and over-production and pricecutting. The owners and merchants complain of the diminished demand.— A. and N.Z.
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Sun (Auckland), Volume 1, Issue 62, 4 June 1927, Page 18
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152FRENCH EMBARGO ON COAL IMPORTS Sun (Auckland), Volume 1, Issue 62, 4 June 1927, Page 18
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