DEAL IN COAL
NO GOVERNMENT PROFIT. WELSH COAL COMING. By Telegraph.—Press Association. Auckland, Last Night. The position in regard to the sale of coal by the Government, concerning which there has been a certain amount of adverse criticism, was explained by % the Prime Minister to-day. Asked whether it was correct that the Government had been making a profit out of the sale of coal, Mr Massey said it was not. “We cannot always sell at the lowest price per ton that we paid for it,” he said, “but when we sell coal we do so a long way below the average cost of it. It may be mentioned that we have arranged for a considerable quantity of Welsh coal of very good quality, and at a very moderate price compared with most of the coal vVe have had to purchase outside of the Dominion.”
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https://paperspast.natlib.govt.nz/newspapers/TDN19210127.2.20
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Taranaki Daily News, 27 January 1921, Page 4
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144DEAL IN COAL Taranaki Daily News, 27 January 1921, Page 4
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