The result of the hours regulation is that mines must pay the
same wages for shorter hours and lower production. This means
that the wages cost per ton produced must be higher and the price
charced to British users of coal must be higher.
The Coal Mining Industry, it may be added, has more than
any other suffered in recent years from interference by Government.
More to our present point, however, is the recent trend of
unemployment in mining. It is not possible to calculate to what
extent this unemployment has so far been caused by mechanisation,
by generally more efficient methods of production or by the intro-
duction of oil fuel.
NUMBERS AND PERCENTAGES UNEMPLOYED.
COAL MINING INDUSTRY.
(Ministry of Labour Statistics).
Monthly Average.
1927 ... wy
1928 ...
1929 ...
1930 :—
January
February
March
April
May... ve
June er
July rue
August ...
September...
October ...
Total Unemployed.
221,008
252,404
177,292
138,491
142,325
155,667
178,090
237,120
955,769
302,620
253,335
247,549
283 597
Percentage.
19:0
22:6
16-5
12-9
13-2
14-5
16-6
22-1
23-9
28-3
23-7
23-1
26H
IRON AND STEEL.
The direct relationship between this industry and engineering
is too apparent to need insistence. If engineering is depressed,
it uses less iron and steel. Iron and steel being consequently
depressed do not need or cannot buy new or additional machinery.
Their fortunes are obviously linked together. The relation of the
[ron and Steel industry to transport, mining and quarrying is
equally obvious.
It is to be noted that an inquiry into the Iron and Steel Industry
was recently undertaken by the Civil Research Committee of the