The Archive · 1927

Cotton Industry in China

'A Leading Importer's Appreciation of the Cotton Merchants of the Port Mr. T. 0. Schmid, local general manager for Messrs.

Clayton & Ca., cotton merchants, was the host on Saturday eve of some 75 or 80 British, Japanese, and Chinese cotton men, most of them connected with the local cotton mills. The affair was in the form of a dinner in the Astor House. The function was very elaborate. On the long tables were four junks. laden with miniature bales of cotton, There were also. three miniature landscapes laid out as centre pieces, During the dinner entertainers, both Chinese and foreign, were. brought in.

Following the dinner Mfr, Schmid rose and sai It is with sincere pleasure that I welcome every one of you here to-lit. I have asked sou to come because I shall soon depart on my, long leave, and T want to bid you good-bye. "My trip will take me through India and Egypt, my first visit to these countries, ' then Switzerland, my native country, which T have not seen for nine years, I shall take this opportunity to visit the more important ropean selling agencies of Anderson, Clayton & Ca., in order to become. acquainted with their managers, their system, and services. October and November, the height of the cotton season, I shall spend, in America, stopping at New Tork, Boston, our head office in Houston, and our other southern selling. offices. In December or January 1 shall reach Shanghai again,

Text read from the printed page and cleaned; old type leaves the occasional error.

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