"The deplorable position of the American branch of cotton-spinning and manufacturing" was discussed by the economist, Mr. J. M. Keynes, at a meeting called by the Cotte Yarn Association of Manchest Mr. Keynes expressed the opinion that it was scarcely possible to ex-Jaggerate the seriousness of the situation and suggested the sum. moning of what might be termed an unofficial Royal commission composed of representatives of every section of the Lancashire cotton, industry, including the operatives, to ascertain the costs of every, stage of production and to consider mill reorganization and capitaliza- the tion reform with a view to bringing! Lancashire's organization up to date and putting it on a competitive ba with the rest of the world—Reuter.
Simla, Sept. 6.
In the Legislative Assembly today Sir George Rainy, Commerce member, moved 1 bill to protect the. the manufacture of cotton-yarn India by "imposing a duty'
annas per Ib. on imported yarn. He contended that this would only" the. Lucian cotton would not materially interests of the hand-loo The object of the Bill was to guard the Indian cotton industry. against Japanese night work, double shift and women workers' competition, But the recent heavy increase in "the importation of Chinese medium yarn must be considered. The question really was one between the mills and the hand-looms, and the Assembly must decide which interest was the more important. Possible serious Chinese competiti could not be ignored and the Government was of opinion that the interest of the cotton-mill industry ought to prevail, Mr, representing the Dacea division, expressed apprehension lest Japan might retaliate on Indian pig-iron,
Text read from the printed page and cleaned; old type leaves the occasional error.