The Stourbridge Observer, Cradley Heath, Halesowen & District Chronicle.
Stourbridge, West Midlands, England, 1874-07-25 00:00:00

THE COAL AND IRON TRADES.

SPANISH BONDS. The wages dispute in South Yorkshire and North
I /.•,byshire, in which 24,000 miners are interested, may
Lord Hampton asked the Foreign Secretary whether has as , e I,e ein id •red an terminated, the Executive id the
scare that the Spanish Government having entered it:. !' '', .-- -' ----'-'
contract suggested by themselves with the owners of ste,ea.h 1 ..ifiers' Association having given way from the terms
External Bonds in this country and in other countries of .!,reed upon a fortnight ago. On Saturday a meeting
Europe for the payment of the overdue coupons of l' SS, aul ..1 the colliery owners was held at the " Angel " Hotel,
having mot to Europe certain •• 'Thaws -or bonds toward; I Joni:aster, at which nearly all the collieries affected
the fulfilment of such contract, had caused those securities I,y the proposed reduction of wages were represented. ,
to be removed from London without the knowledge or coo- : .
sent of the I.nd-holders. and had since proposed to &al • Ile chair was occupied by Mr. C. Bartholomew, and
with them in another maim.. Ile also asked whether L ! a letter was read from Lord Fitrwilliam approving the .
Derby would, under such circumstances, exert the iiinu ~,_ ! course adopted by the colliery owners up to the pre- •
of lier Majesty': Government to obtain the return of ```' ! sent time. The following circular addressed to the
securities and the fulfilment of the contract. ! c-oil. owners of South Yorkshire and North Derbyshire
Lord Derby, in reply, slated that he had no official know- ! was also mad :--
ledge of the details of the transaction referred to, lollie 1 ~ 0 eut le inen,—The E xecutire of the Sonth Yorkslil re M iners'
was aware, like most people, that there was a very consider- Association at their meeting this day have carefully and
able amount of unpaid arrears due to the Spanish Bee id- 7
holders He had read a statement that part of th seriously considered the unfortunate dispute now existing in
e Yorkshire and Derbyshire between the coalowners and
had been sent out of this country, but he did their workmen, and deplore the action of the former in
not know what defence the Spanish Government were pre- refusins to accept the offer made .al Saturday last. While
pared to set up for the proceeding. In all such cases the ! they tjatet the offer was not accepted, they are desirous of
action of the British Govemment was of a non -official showing' every disposition to meet the altered circumstances
character, and whatever could be done within those limits of trade since the request for a reduction was first made, and
for the interest of all bondholders had been done Si ii 1
notice had been given of the present questi n he had b with this view they beg to suggest for the basis of a settle.
• een ment that the men resume work at a reduction of 10 per
informed that a new scheme had been put forward hy the cent. from '
m the ,aaosa in
earnings, leavg the other 21, pee cent. .
Spanish Government for an arranzewent with the bond- to he settled byarbitration This will he a fair an•l honour.
holders. able roalprolehe and rail be accepted by both parties
Customs (Isle of Man-, Bill and the industrial and lie- w ithont sacrificing one particle of princifie, while at the
tin 'atoll Schools Bill were read a seeowl time , and the same time it will insure justice being dea t equally to both.
oil a Orders being disiosed of, their lordships ailJounied. This suggestion has been made without prejudice to the
IMPORTED CATTLE, case, but solely with a view of preventing the deplor-
In the ROM OP OMMi/NS, Sly W. E. levier asked t
able state of things which along strike or a lack-out would
Che
V lee-Fresident of the Council whether he could inform the bring upon the two counties - Barnsley, July 10, 1074."
Lk.er if the Government had any arrangement in progress After sonic discussion the meeting came to the follow-
arrecra uld enable Uermany to be eatepted from the list of in' resishition :
countries tot the Lavin 01 attlo ; sal wlistlgt nlilsaffd,—lha this mating, haling tecelted tram the