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Show Sill Mies MAY BUY MINES ) DEAL PENDING WHICH MAY END LONG STANDING TROUBLE IN ARKANSAS COAL FIELD. Under Terms of the Offer the Coal Company's Suit for $1,450,000 Damages Dam-ages Against the Miners' Union yould be Dropped. iS Fort S'fith, Ark. The United Mine Workers if America have offered $200,000 lor the holdings of the Bache-Denman Coal ccmpany in the Hartford valley of Arkansas, it became be-came known here Sunday. It was believed be-lieved here that the deal would be consummated within a few days, and thus bring to an end the troubles in the coal mining region. Under the terms of the offer, all difficulties growing out of troubles between be-tween the coal company and miners are to be dropped. This would include in-clude the dismissal of the company's suit for $1,450,000 damages against the United Mine Workers of America, the local unions in Arkansas, Oklahoma Okla-homa and Texas, and the national officers of-ficers in connection with the destruction destruc-tion of four of the company's surface plants at Prairie Creek last July. It was understood that creditors of the Bache-Denman .syndicate, ten oi whose companies are now in ' the hands of a federal receiver, have approved ap-proved the plan. It was asserted that the union intends in-tends operating the mines for the benefit of its members temporarily, and unless they can be sold at a profit, will retain them for operation on a co-operative basis. |
