23 MARCH 1929, Page 1

We trust that the present favourable signs will so multiply

before the end of . May that Mi. Baldwin's name will, be associated with coming if not ,existing prosperity. After all, everybody knows that though reasonably constructive schemes and various palliatives may do something for the incipase of employment, the only true and profitable cure for unemployinent is such a rush of orders to the factories that unemployment automatically cures itself. The Morning Post of Monday, in describing the present good signs, said that in the last six months one hundred and forty-two collieries had been reopened, More than. 5,000,000. tons of coal are being -sold every week. Of course, the cold weather accounted for some of this increase, but by no means for all, even if we include in the results of the cold weather the freezing up of coal-carrying ships in Northern Europe. The fact is that British coal mines have been gradually winning back markets: In August, 1928, according to the Morning Post, the number of miners employed was 893,700 ; this week it is 920,400.

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