Archive Report
Archive Report
Critical Situation of the Coal Industry
Recommendations for long-range government policy toward the vital but chronically depressed American coal industry are looked for in a report due to be submitted to President Eisenhower within the next fortnight by the Committee on Energy Supplies and Resources Policy. The committee, composed of cabinet members under the chairmanship of Director of Defense Mobilization Flemming,1 has had a task force at work for the past two months on a study of the coal industry and of petroleum and natural gas resources. When the President set up the cabinet committee, last July 30, he asked it to report with recommendations by Dec. 1.
Proposals for a price stabilization program, comparable to that carried out under federal legislation in the 1930s and ...