New-York tribune., 1921-06-29
British Miners
Strike Ended
After 80 DAYS
Men Promise 10 Return at
Once Following Agree
men.; Lloyd George Re-
news Offer of Subsidy
Profits Will Be Shared
Fifteen Months Truce Es-
tablished; Wages To Be
20 p. C.. Above 1914

Copyright. 1921, New York Tribune Inc.
LONDON, June 28-The strike. of
British coal miners that has been in
progress eighty-nine days was de-
clared off this afternoon. At a long
conference Premier Lloyd George had
with Representatives of the miners and
the pit owners a provisional agreement
was worked out along lines laid down
by the Premier which was acceded to
by both sides. The miners agreed to
go back to work at once, and it is ex-
pected that by next Monday majority
of the diggings will be in operation
again, ending the paralysis that has
crept over British industry and COM
munications.
Lord George agreed, on behalf Of the
government, to renew the subsidy of
610,00Q,000 offered the miners six weeks
ago to tide them over the period of
wage reductions. This money will be
used to prevent wage cuts from caus-
ing suffering by their suddenness. Au-
thority to renew the offer of this sub
sidy was asked tonight of Parliament
by the Premier. It's grant is assured.
Fitteen Months Truce
The settlement reached by the miners
and owners establishes fifteen months
truce. During that time the principle
of profit-sharing is to be tried out in
the industry to determine it's worth.
In brief the agreement provides:
That government aid shall be ex-
tended to the miners for temporary
period Of three months.
t1ot l.
tween owners and miners shall be
put into effect from October l, 1921,
until December, 1929.
That three months notice shall be
given of any proposed change in
these arrangements.
That the guaranteed wage shall be
20 per cent above the 1914 standard
level.
That the proportion of wages to
profits shall be about 5 to l after
fixed charges have been deducted.
The miners strike has been by far
the most costly industrial war in Eng
stoppage, hundreds Of thousands Of
workers, besides the million miners
themselves, have been out of work,
thrown into idleness by the shortage
of fuel. Hundreds of ships have been
tied up in English ports. Exports
have dropped to 80 per cent of their
normal volume. Transportation serv-
ice has been materially reduced.
Within fortnight these Industries
are expected to revive as the supply
of coal from the reopening mines
grows in volume.
LONDON. June % (By The Asso-
ciated Press s).-Premier Lloyd George
announced in the House of Commons
this evening that the executive body of
the miners union had agreed to recon-
mend the terms Of the settlement to
the men.
Workers to Share Profits
The claim of the miners to a national
wages pool had been abandoned, Mr.
Lloyd George said, and settlement
had been attained which would insure
peace for long period through a sys-
tenn by which the workers would share
with the employers the profits of the
industry and would obtain a direct in
terest in productivity. The Prime
Minister expressed the belief that this
would be the largest example of profit
sharing in any country.
Wages will be reduced not to exceed
two shillings per Shift in July, half
crown in August and three shillings in
September, he said, and national
wages board will be created, consisting
of equal numbers of representatives of
the employers and the workmen.