11 DECEMBER 1926, Page 3

These things are so important that minor risks must be

accepted. There is no worse risk than that of being eft behind in the race of modern industrial expedients. The Majority Report shows that the coal industry is less organized than any other important industry in the country. It recommends that the first step towards the formation of selling pools should be voluntary organization among neighbouring colliery owners. The next step would be the expansion of these local pools into district organizations. There is no suggestion of compulsion unless some small minority should hold out against the decision of a whole district.' The last step would be the co-ordination of the district associa- tions. Co-operative selling would undoubtedly reduce the enormous waste which is now caused, for instance, by the sellers being widely separated and by the conse- quent failure to introduce any proper method into the movements of trucks and other vehicles of transportation. * * * *