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Another Advance.

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Another Advance. Owners Grant Five Per Cent. Increase- Maximum Almost Reached. At a meeting of the South Wales anc Monmouthshire Conciliation Board, hole aJj Cardiff on Saturday, a further advance or 5 per cent, in wages was granted to the Winers of South Wales, bringing the wages up to 571 per cent. above the 1879 stan- dard, or 2t per cent, below the maximum under the existing agreement. Mr. F. L. Davis presided over the owners' side, and Mr. W. Abraham (Mabon), M.P., over the workmen's side. Opening the case for the workmen, Mabon remarked that he could not help referring to the trade at present as being in a most flourishing condition. He had, however, been asked by his colleagues to express the hope that in order to main- tain the present boom for as long a period as possible the owners would not unduly inflate prices. There was an aspect in the present boom which made it differ in all respects from previous periods of pros- perity, viz., that it was brought about purely by the demand made in connection with all-round trade. Formerly the booms in trade were due to industrial or political wars, but it was very gratifying to find oil this occasion that there had been no cessation of labour nor any war. There- fore, he appealed to the owners' side and those who controlled the trade to use every endeavour to keep the prices from being unduly rushed up, as the policy of inflating the prices must certainly give room for their competitors in other parts of the world to come in and capture a share of the trade. The policy would also be a dangerous one in another connection. The trades which depended upon coal for manufacturing purposes would also be compelled to seek substitutes, which once adopted would make it very difficult for the coal trade to regain the lost ground, and consequently a depression would Inevitably fellow. Dealing directly with the present application for an advance, Mabon then urged that the workmen's side had been extremely moderate in keep- ing their application for 5 per cent. well within the limits of wha,t they could claim. The volume of trade showed an increase for the quarter ending June as follows: -Total exports of coal, foreign and coastwise, June, 1907, 7,451,271 tons; quarter ending March, 1907, 7,371,259 tons, showing an increase over the last quarter of 80,012 tons. As compared with the corresponding June quarter last year the increase was 610,507 tons. With refer- ence to the selling prices, taking the Prices obtained by the workmen from their usual source, the Custom House, the average for large coal for the last quartei ^as 15s. 6.75d. per ton. Even allowing r the usual difference which character- ised the prices put forward by the work- men and those ascertained by the owners' audit, the figures showed an increase of nearly lOd. per ton over the last quarter. The figures for small coal were 9s. 8.83d., showing an increase in price over the last term of 8d. per ton. Of course, these Were figures culled from the Custom House returns, but he ventured to say in sum- ming up the whole situation that the work- men were entitled to succeed on the fol- lowing grounds: —The volume of trade showed an increase of 80,000 tons on the preceding quarter the prices of large and small coal had correspondingly advanced. and the prospects of trade were exceed- ingly rosy, as indicated by the Board of trade returns for July, which disclosed fhat an enormous increase had taken place in the export of coal and coke alone., He felt that in face of the strong position of the men he need not labour the situation any further, and he trusted the owners would be conciliatory in their attitude and grant the application. Mr. F. L. Davis, replying for the coal- owners, dealt first of all with the volume f trade. Though there had been a large Increase, the percentage only showed it to 6 the normal increase taking place in the coalfield. The owners agreed to the figures submitted on this point by the workmen's side, but it was only an increase of 1.08 Per cent., whereas the ordinary increase which they looked for was about 2 per ^nt. Mr. Davis emphasised that the Workmen secured a record advance last quarter upon the volume of trade, and to some extent the workmen were again seek- ng a further advance of wages upon the ame factors as they had previously bene- fited from. There was an appreciable Vdifference, too, in the prices ascertained the owners' audit to those presented by xHe workmen. Mr. Dalziel, the owners' secretary, pre- dated the auditors' certificate,, and this ^closed an average selling price of large at 14s. 6.32d., and small coal 9s. 0.46d. The coalowners, after a, short discussion, 'itimated that they wished to consider ue application in private, and the men's ePresentatives withdrew. After an absence of ten minutes the Parties again met in the conference room, the coalowners' Chairman intimated uat the owners 'side had unanimously pureed, after hearing the arguments put g^'ward by the men's leaders, to grant the i Per cent, advance. He expressed the °Pe that the workmen's representatives i9[Uld feel that their application was conceded with the express object of arming out the work of the board in a Onciliatory spirit. Though the price of arge coal did not warrant the increase, Ue owners had taken into consideration v ? enhanced value of small coal and the eiuiiie and prospects of trade as being in vour of the men's case. Official Report. a following official report was issued the Press by Mir. Dalziel: — The men's application was put forward Mr. Abraham, and after hearing his **rguments the owners' representatives recided to grant the request, and accord- lllgfy the wages will be advanced 5 per ^nt. as from the 1st September, placing V*e percentage at 57} above the stan- dard of 1879. Consequently, the joint ■j?.°retaries, Mr. Dalziel and Mr. Thos. Richards, were instructed to inform r°rd St. Aldwyn that his services would not be required on the present occasion.

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