The Coal Mines Act 1930 (20 & 21 Geo. 5. c. 34) was an act of Parliament which introduced a system of quotas in the coal mining industry of Great Britain. It was a major achievement of the Labour Party, which revoked the eight hour day that had been enacted in 1926, replacing it with a 7 1⁄2 hour day. Mine owners were allowed to fix quotas and minimum prices. Theoretically, the new commission was to plan to close less-efficient pits, but it was not effective. Historian A. J. P. Taylor says that:
An Act to provide for regulating and facilitating the production, supply and sale of coal by owners of coal mines; for the temporary amendment of section three of the Coal Mines Regulation Act, 1908; for the constitution and functions of a Coal Mines National Industrial Board; and for purposes connected with the matters aforesaid.
on the contrary, the act protected the inefficient. It operated restriction and stable prices at the expense of the consumer. Here was the pattern for British capitalism in the thirties.[1]
Fine, Ben. "Economies of scale and a featherbedding cartel?: a reconsideration of the interwar British coal industry." Economic History Review 43.3 (1990): 438–449.
Kirby, M. W. "The Genesis of the Coal Mines Act of 1930." in Kirby, The British Coalmining Industry, 1870–1946 (Macmillan Education UK, 1977) pp. 124–137.
Lucas, Arthur F. "A British Experiment in the Control of Competition: The Coal Mines Act of 1930." Quarterly Journal of Economics (1934): 418–441. in JSTOR
Prest, Wilfred. "The British Coal Mines Act of 1930, Another Interpretation." Quarterly Journal of Economics (1936): 313–332. in JSTOR
Supple, Barry. The History of the British Coal Industry: Volume 4: 1913-1946: The Political Economy of Decline (1988) excerpt and text search
January 01, 1970
coal, mines, 1930, parliament, which, introduced, system, quotas, coal, mining, industry, great, britain, major, achievement, labour, party, which, revoked, eight, hour, that, been, enacted, 1926, replacing, with, hour, mine, owners, were, allowed, quotas, min. The Coal Mines Act 1930 20 amp 21 Geo 5 c 34 was an act of Parliament which introduced a system of quotas in the coal mining industry of Great Britain It was a major achievement of the Labour Party which revoked the eight hour day that had been enacted in 1926 replacing it with a 7 1 2 hour day Mine owners were allowed to fix quotas and minimum prices Theoretically the new commission was to plan to close less efficient pits but it was not effective Historian A J P Taylor says that Coal Mines Act 1930Act of ParliamentParliament of the United KingdomLong titleAn Act to provide for regulating and facilitating the production supply and sale of coal by owners of coal mines for the temporary amendment of section three of the Coal Mines Regulation Act 1908 for the constitution and functions of a Coal Mines National Industrial Board and for purposes connected with the matters aforesaid Citation20 amp 21 Geo 5 c 34DatesRoyal assent1 August 1930Other legislationRepealed byCoal Industry Nationalisation Act 1946Status Repealed on the contrary the act protected the inefficient It operated restriction and stable prices at the expense of the consumer Here was the pattern for British capitalism in the thirties 1 References edit Taylor A J P 1965 English History 1914 1945 p 279 Further reading editFine Ben Economies of scale and a featherbedding cartel a reconsideration of the interwar British coal industry Economic History Review 43 3 1990 438 449 Kirby M W The Genesis of the Coal Mines Act of 1930 in Kirby The British Coalmining Industry 1870 1946 Macmillan Education UK 1977 pp 124 137 Lucas Arthur F A British Experiment in the Control of Competition The Coal Mines Act of 1930 Quarterly Journal of Economics 1934 418 441 in JSTOR Prest Wilfred The British Coal Mines Act of 1930 Another Interpretation Quarterly Journal of Economics 1936 313 332 in JSTOR Supple Barry The History of the British Coal Industry Volume 4 1913 1946 The Political Economy of Decline 1988 excerpt and text search Retrieved from https en wikipedia org w index php title Coal Mines Act 1930 amp oldid 1220523360, wikipedia, wiki, book, books, library,
