Papurau Newydd Cymru

Chwiliwch 15 miliwn o erthyglau papurau newydd Cymru

Cuddio Rhestr Erthyglau

60 erthygl ar y dudalen hon

I FRESH GOVERNMENT SURPRISE.…

Rhestrau Manwl, Canlyniadau a Chanllawiau
Dyfynnu
Rhannu

I FRESH GOVERNMENT SURPRISE. I COAL TO BE 10/- A TON CHEAPER. REMOVAL OF MEAT CONTROL EXPECTED. The Government is acting swiftly, so nwiftly indeed that the public in amazed. Close on the heels of the announcement that whisky was to be free-ed comes the news that household coal is to be reduced by ICte. per ton. This decrease in price was announced by Sir Auckland Geddes in the House of Com- mons. It is considerably larger than the public had been led to expect, and general mystification has been caused by the Gov-ernment's sweeping decision- Coal used for coastwise trade is to be re- duced to "an industrial leved," and indus- trial coal as soon as possible" is to be sold on "an economic basis." The cheaper coal for domestic use was decided upon as an aid to the cost of living The increase of 6s. per ton put on in the middle of Jujy last met with much hostile criticism, and one wonders whether it would not have been more sensible had this never been put on, so that now the old price could have been reduced by 4s., which would have achieved the same end. The announcement was made by Sir A. Geddes, in the course of a reply to Mr. A. Short, who questioned the President of the Board of Trade on behalf of Mr. Adamson. As a direct aid to the reduction of the cost of living, said Sir Auckland, the Govern- ment had decided to reduce the price of coal by 10s. per ton. The fall in price had been postponed by events in the United States. The Government had reviewed the whole question of the cost pf coal in the light of all the available information. The prices of coastwise and foreign-going bunkers were so high in conjunction with other charges! that there was a danger to the average level unless some corrective was applied. It was from exports and bunkers that profits were being made. INDUSTRIAL COAL. I Coal used for inland purport was being I sold at less than the average price, that was below the cost of production. That was a very dangerous and unsatisfactory position. Industrial coal must at any rate be sold on an economic basis. In the light of these facts it was desirable at an early date to modify profoundly the present system of coal control, which, now that more coal had become available, was unnecessarily hampering. The Government proposed therefore to gradually transform coal control machinery. This will consist of three parts:— (1) Limitation of the amount of coal to be exported. (2) Limitation of the owners' profits. (3) Special limitation of the price of coal supplied for domestic pifrposes. Steps to secure this modification would be I taken as soon as circumstances permitted. DOMESTIC COAL. I The 103. reduction in the price of domestic oil would enable each houaeiiohhy: to share Bomo benefit from the privilege which workers in the industry had long enjoy-ed, and obtain ycuie ueneiit from the present high value of the national asset in coal. it was proposed to red uce the price of twiae bunker coal to "industrial level." "W e prcpose further to explore the posi- -tion in regard to foreign-going bunkers," added Sir Auckland, "but are not at present in a position .0 make an announcement on tills point." AT THE COAL EXCHANGE I At the Coal Exchange something like consternation was caused when the news was received of the reduction in the price of household coal by 10a., and in that of coast- wise bunker coal to "industrial level." Many merchants Wert in the building, and even when the official announcement was made it was deemed incredible. An official of the Coal Factors' Society said that the reduction would have little immediate effect on the trade as far as the question of demand was concerned, because consumers could only obtain rationed amounts, and those were being supplied ad quickly as possible. "The bringing down of the price of bunker coal for coastwise trade," he con- tinued, "will mean a reduction of something like 30s. per ton. This should have a very substantial bearing on all freights, especi- ally thosa for food to the country, and should mean a slight reduction in the cost of living. "The trade are at a loss to understand how it is brought about, but it gives the impression that the miners were right in their contention that the 6s. increase should never have been put on EFFECT ON THE GAS BILL. The opinion was expressed by various officials of London gas companies that the change in the price of coal must have a more or less appreciable effect upon the charges made for gas. With regard to this reduction in the price of lighting. Is. a ton off coal means, roughly. Id. a thousand cubic feet off gas. But if coal for the factories is to be placed on an "economic basis" its price must, un- less the revenue from the export trade con- tinues to expand, go up, and the public will have to pay more for all kinds ol manufac- tured articles. The price of coal may, of course, rise again. Mr. William Russell, secretary of the 1905 Royal Commission on Coal Supplies, says: "Increased freight rates are coming- some people believe they will go up 50 per cent.—and that means the cost of coal will be increased 3s. or 4s. a ten in London. In the end the consumer must pay." The miners' executive have met to con- sider the situation. Their officials claim that the average working-class family will save 2s. a week on coal, ard there is no reason why a reduction cannot be made in the price of industrial coal. In a statement issued by the Miners' Federation it is estimated that the surplus for the year ending July next (after pro- vision for the 10s. a ton decrease) will be S31,672,170, equal to 4s. Id. a ton, which would be available for bringing down the cost of industrial coal. Leading coalowners declare that the total lo*> to coalowners will be £ 32,000,000 In South Wales the loss on large coal supplied for domestic, consump- tion is already at least 13s. a ton. MEAT CONTROL. I Yet another change in prices is suggested for the near future, and that is in regard to meat. "The possibility of an early removal of control on meat supplies, both English and imported, is being considered at the Minis- try of Food," announced Mr. McCurdy. M.P., in a speech at Reading. "So far as supplies for the next few months are con- cerned," he added, "there will be no short- age in this country." FOOD AND v"\1HISKY. I f Speaking in the House of Commons, Mr. | McCurdv observed: "I do not think any use- ful purpose would be served by the appoint- ment of a committee to draw up a policy with the object of lowering the prices of essential foodstuffs. Food prices were governed by prevailing economic condi- tions. Lord Hugh Cecil suggested that it would be a wise policy to abolish all controlled prices except of rationed articles. "I cannot absent to that suggestion," re- plied Mr. MoCurdy, "in viow of the fact that as regards most foodstuits there will be an excess of demand over the world supply in the course of next year." In regard to whisky. Mr. McCurdy said that it was not considered- desirable to altei or abolish the existing maximum price. but the removal of restrictions on release would no doubt lead to competition between indi vidual traders, which in turn should result in a lower price. This would render the maintenance of the controlled price unneces- sary. I. ABOUT RENTS. I Sir Gordon Hcwart, Attornoy-General, i explained that the period during which rents cannot be raised under the Rent Re- striction Acts does not expire until six months from the date of the termination of ..ar. This date has not yet been legally fixed.

UNEMPLOYED INSURANCE.I

WINSTON CHURCHILL.I

GREAT WATER SCHEME.I

[No title]

TAXING WAR PROFITS. I

CHESTER-LE-STREET ELECTION.I

HONEYMOON TRAGEDY.I

TOM THUMB'S WIFE DEAD.

[No title]

I PRINCESS MARY. |

VILLAGE LIFE.I

JOHN STUART MILL. I

FINE FLYING RECORDS. I

V.C. AIRMAN'S WILL. I

I ARMY CHAPLAIN ACQUITTED.I

[No title]

I IRISH ANARCHY. I

IPITY THE POOR PEERS II

IMR. "PUSSYFOOT" JOHNSON.I

j THE " NEW POOR." I

IMISSING PARIS BANKER.I

SURPRISED GIRL STOWAWAYS.I

IDEPORTING MINERS.I

I FIRST WOMAN M.P.I

ISTATE -PUBLIC-HOUSES.___I

U-BOAT SUNK BY DIRECT HIT.…

ILINER IN COLLISION. I

I "DELIBERATE PLUNDERING."…

ITHE RAILWAY DIFFICULTY. j

REFEREE MOBBED. I

[No title]

IPRINCE OF WALES' RETURN.

PAYMENT OF TEACHERS. I

IPAPER HALF-CROWNS. I

I WOMEN JOURNALISTS.I

IWHERE'S MOTHER? I

I PLYMOUTH HOTEL FIRE.I

IBIG LOTTERY PRIZE.I

I. -THE" MOOR" LINE. I

SELF HELP.I

ITOYS ON THE STAGE. I

[No title]

ICOASTGUARDS' TRAGIC DEATH.…

I■ ITHE HIDDEN HAND.

"SPECIALS AT CHURCH.

" CONCHIES " CONVENTION.

GIRLS, BEWARE!

MYSTERY OF THE LINE.

SOME JUMP.

[No title]

I WORK FOR WOOLWICH.

LEAGUE OF NATIONS.I

POLICE WHO STRUCK.I

'BUS DRIVER ON FIRE. I

j ENGLISH THE WORLD LANGUAGE.

CROYDON ELECTION.

OUT OF WORK PAY.I

SELT-MADE FOOLS. I

[No title]