Reconstruction and Production; Hearings Before the Select Committee on Reconstruction and Production, United States Senate, Sixty-Sixth Congress, Third Session, Pursuant to S. Res. 350 Authorizing the Appointment of a Volume 2-3

Reconstruction and Production; Hearings Before the Select Committee on Reconstruction and Production, United States Senate, Sixty-Sixth Congress, Third Session, Pursuant to S. Res. 350 Authorizing the Appointment of a Volume 2-3

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...contracted. The coal sold under this contract constitutes per cent of the normal output of the seller for one year, estimated at tons per month. If the actual monthly output falls below this estimate, the seller may reduce shipments to the buyer to per cent of such actual output and there shall be no liability on the part of the seller for any reduction in deliveries on this account. (5) Shipments made by the seller to the buyer during any one month shall constitute fulfillment of this contract for that month and the tonnage herein contracted shall be cumulative only for such one-month period, except by mutual agreement. (6) Whether the price named in this contract is for delivery of coal f. o. b. the mine, or mines, or at some point beyond, it is understood and agreed that it is based upon the total cost of producing coal at the mine, or mines, as of the date of this contract, and, in the case of delivery beyond the mine, or mines, upon the freight rates, lighterage, trimming, or other charges beyond control of the seller, as of the same date. Should the total cost of production increase or decrease or should any of the charges be altered by regulation of the United States Government, by State legislation, or any other agency beyond the control of the seller, then the price specified shall be changed accordingly during the period within which the changed costs or charges are in effect. This condition means that if there is a reduction of any of the items mentioned during the term of this contract, the buyer is to have the benefit of them, and if there is an increase in any of them, the buyer is to pay such increase, but it should be fully understood that during such time as prices are fixed by the United States Government, nothing contained in...show more

Product details

  • Paperback | 622 pages
  • 189 x 246 x 32mm | 1,093g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236627512
  • 9781236627513