Momentously the Cabinet announced it has completed drafting the bill by which on July 1, 1942 all coal in the United Kingdom is to become the property of the State. The present private owners were asked some years ago at what figure they would be willing to sell out, replied $750,000,000. The new bill is to force them to sell out for $330,000,000 and its expected passage will provide another $50,000,000 to compensate them for special losses expected to arise in so huge a transfer.
The Church of England is today the largest recipient of...
To continue reading:
or
Log-In
