LABOUR APPREHENSIONS.
The other development which exerted an influence upon all markets was the threatened recrudescence of the coal mining crisis. Quite suddenly, the Premier, on his return, seems to have been challenged with regard to a certain inter pretation of -the agreement reached at the end of July last on the basis of which agreement a truce was settled, and, although Mr. Baldwin's interpretation of that agreement has found approval throughout the country, it was challenged by certain of the .mining leaders, and the mere possibility, of the crisis being revived and a coal stoppage threatened natur- ally disturbed the stock markets. Indeed, for a time, even rubber shares reacted slightly, but the setback in that market was shortlived, and in other directions also there has been a rallying tendency later, on the idea that the views of the mining extremists were unlikely to find support even in Labour circles. In that connexion it is needless to say that the keenest interest is taken in City circles in the Labour Conference at Liverpool this week, as it is felt that it will offer an opportunity for discerning the attitude of the main body of Labour towards the extremist or Communistic section.
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