Britain's coal shortage, caused chiefly by obsolete equipment and miners' war weariness, was nearing the danger point. Approaching winter brought fear to Government officials and industrialists alike: last week, industrial stocks took a sharp plunge on the London Exchange. Minister of Fuel and Power Emanuel Shinwell had denounced widespread rumors of impending power rationing as "malicious propaganda." But he himself had to admit last week that, unless coal production increased rapidly, there was grave danger of a breakdown in Britain's hard-struggling industry this winter.
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