COAL INDUSTRY
CRISIS IN N.S.W. OWNERS’ PROFITS. REPORT OF ROYAL COMMISSION. (United Press Association—By Electric Telegraph.—Copyright.) Received September 23, 9.20 a.in. SYDNEY, Sept. 23. The findings of the Royal Commission on the average profits of the coal owners have been handed to the Government.
It is believed that the report fixes the profit at something under 2s 2d per ton, thus practically substantiating the Government’s original claim that the owners were making about 2s per ton. If the last proposition put up by the miners at the time this inquiry was instituted still stands, the men under its terms will now have to submit to a wage cut of lOd per ton.
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Manawatu Standard, Volume XLIX, Issue 252, 23 September 1929, Page 7
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112COAL INDUSTRY Manawatu Standard, Volume XLIX, Issue 252, 23 September 1929, Page 7
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