eme to Reorganize Whole In-. dustry: Power Production at Pit Head London, Jan, 14.
Fay-reaching plans for reorganiza-power and transport system, prepared by a joint committee repre-ug the whole Labour movement, submitted to the Coal Commission.
They involve nationalization of] inevals and collieries, transformation of the industry from a coal extracting to " coal-utilizing industry, the manufacturing of electricity. 07 a large scale and dealing with the siumerous by-products, also formation of a power and transport com representing all interests, including workers and consumers, co-ordinate their efforts throughout the country.
The proposals, which are complete. ly detailed, include expropriation of the present owners by of stock issued to each vendor, the amount being based on the present market price of their holdings, while the capital expenditure would be provided by a special coal developent loan redeemable at a fixed
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