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Contract Prices

Volume 319: debated on Tuesday 2 February 1937

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asked the Secretary for Mines whether he will make a statement showing the amount of money accruing to the mine owners to date as a result of the voluntary increase in contract prices; the total contribution made to wages; and what relation this figure has to the total wage increase?

I am informed that during the nine months, 1st January to 30th September, 1936, the total amount of the special increases in wages resulting from the agreement reached in January, 1936, was £4,318,000 while the amount received by the coal owners from voluntary increases in contract prices was £1,712,000. Figures for the last three months of last year are not available.