Show Tf TERMINATES MINATE COAL DOAL P PRICE ICE REGULATION Wilson Orders Abandonment Abandon Abandon- ment of of Government Control Control Control Con Con- of Bituminous Coal Scale Effective April 1 It Iy ItA A t Pr S. S W WASHINGTON March Much 23 With With Witha a warning against profiteering President Wilson Vilson today ordered Abandonment abandonment of government go control over o bituminous coal al prices and asked miners and anil operators to negotiate a anew anew anew new working agreement on n the basis of the majority report report of the coal strike settlement commission The President ordered termination of price control on 1 when the new working working- agreement a would become becom ef ef- ef This will permit at least partial partial partial par par- absorption in con prices of or the Increase se In miners miners' wages Yag age established at 27 21 per cent by tho the commissions commission's maJority majority ma ma- t. The rho fd wages 1 the commission I. I estimated will entail an added annual cost of or and the 14 If per cent Increase awarded tho miners in settling settling- the re recent recent recent re- re cent strike Must hut Hold old Down Dorm Price The operators however were reminded remind remind- ed cd b by the tho President that unreasonable prices must not result from relinquishment relinquish relinquish- ment of or price control and tho addition n not of ot Increased wages ages to their expenses Th The majority and minority reports of or ortho tho coal commission also were made public at the tho White House and both were included by the tho Pre President in his Continued on Pa Page Pace e 2 TERMINATE COAL PRICE REGULATION Continued from Pago Paso 1 letter to the operators and minors Notwithstanding tho the lack of ot unanimity in tho the commissions s findings the President Pres Pres- President ident said ald It was to be bo a assured assumed that tho the two groups g would regard the majority majority ma ma- award as bindIng bindIng- Tho The minority minority minor minor- I ity ty report would bo ho laid before them he ho said for tor their guidance in fn reaching an agreement Other recommendations by the majority majority ma ma- lay IRY stress upon the necessity for or buying and storing coal for or winter use during during- the summer months State and federal institutions and departments are urged to tako take this action as well as householders public utility corporations corporations corporations corpora corpora- and private phate concerns Railroads aro arc as asked ked to opera co-opera co operate to in tho the work and the interstate commerce c commission commission commis commis- sion Blon is urged to aid in the solution of ot tho the transportation problem Tho The report urged tho the federal reserve board to permit reserve banks to t favor fa fay vor as eligible for rediscount paper drawn against coal In storage e. Control Car Distribution Control of oC car distribution among mines to tho the end that no particular mine or mines be given preference is recommended as well as abolishment of r the tho practice whereby purchasing agents of or carriers can use uso company control over ocr car supply to force torce down don trio the price of ot railway fuel tuel The Tho Interstate interstate inter Inter- state tato commerce commission would have havo jurisdiction over these details In connection with mine labor la-bor the report says camp and housing condItions conditions conditions condi condI- for tor miners should be ba improved and approval of or the tho Introduction of ot labor saving machinery Is expressed Advance of ot miners' miners pay is discouraged but if it made advances should bo be with Ith without out df discount count directly or indirectly Tho The following statement Is included in th the report To ro Protect ct Public In uIn submitting submitting- this report particular lar attention is called C to the fact tact that herein every effort eUort has been made for tor forthe forthe the protection of tho the public not only for or tho period under which this protection protection protection pro pro- can be bo guaranteed by tho the executive executive executive ex ex- under tho the powers granted him b by the Lever ver act but It has b been cn our effort eUort to go o Into the underlying causes for Cor high costs and to offer oHer somo remedy remedy rem rem- edy dy this this In order that in the future when th thc government relaxes its control over prices there may be a continuing force Corco at work In tho the public Interest We believe o It is obvious that unless somo some changes can be bo made to ward tho end of or reducing reducing- costs In coal conol production and distribution no act of or Congress no order of or tho the executive normy nor any my other regulation by constituted au authority authority au- au can In the end ond provide e against the continuing high costs It u is 19 for tor this reason that we belove be- be love that this industry should b be placed upon the tho proper basis for tor more moro continuous and thus more moro economical production and distribution with the tho result that the cost of ot coal to the tho peole people peo people peo- peo le will be reduced I |