Havoc Caused by Unrestrained Competition London, Dee. 19, The state of the American section of the Lancashire cotton-spinning Sndustry has attention drawn to it na circular by the Cotton Yarn Association to directors of mills pinning yarns from American cotton, The circular says that weeks have passed since the Cotton Yarn Association, by removing restrictions on price and production, allowed unrestrained competition to play havoc with the trade, Margin have fallen so far that now it is im possible to sell yarns for the ordinary trade at a price showing a profit for any milli, no matter how favourably financed
Text read from the printed page and cleaned; old type leaves the occasional error.