Jump to content

Coal Mines Act 1930

From Wikipedia, the free encyclopedia

Coal Mines Act 1930
Act of Parliament
Long 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 & 21 Geo. 5. c. 34
Dates
Royal assent1 August 1930
Other legislation
Repealed byCoal Industry Nationalisation Act 1946
Status: Repealed

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 12 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:

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]
  1. ^ Taylor, A. J. P. (1965). English History 1914-1945. p. 279.

Further reading

[edit]
  • 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