Neither Sir Charles Macara nor any of the cotton magnates of Lancashire see any reason to be pessimistic over the future state of the cotton industry. The present period is One which has got to be lived through like any other bad period in the history of trade and once Qhina and the other countries which are our customers have settled their internal and external difficulties, business in Lancashire should become as flourishing as it ever was.
It is interesting, in passing, to learn that a number of Lancashire workers are busy on an order for textile machinery received from Manchuria.
Text read from the printed page and cleaned; old type leaves the occasional error.