Excerpt from Code of Fair Competition for the Bituminous Coal Industry: As Approved by President Roosevelt in Executive Orders of September 18, 1933, and September 29, 1933, Incorporating So Far as Possible the Conditions of the Executive Orders in the Text of the Code With the wage bill constituting 60 65 percent of the total cost of production and wages practically the only flexible item in costs, the result has been that the burden of declining prices has fallen in greatest force on the wage earners. Thus, the coal industry was an economic sore-spot for at least five years before the collapse in 1929. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.