The Archive · 1925

Cotton Trade Facing Serious Situation

Signs of Recent Unfavourable Turn Further Developing London, Jan. 28.

The Short-time Committee of the jon of Master Cotton Spinners, in issuing ballot papers on the question whether to curtail working hours from 39% to 35 hours a week in mills spinning American tron, states that the unfavourable of trade already shows signs of developing into a serious situ tion, The Committee goes on to say that the advantages won by com hi effort and determined organization would be jeopacized by spinners. putt the market than was demanded and the result would be a return to the Ayplorable conditions obtaining prior to last year, with ous results 9 everyone engaged in this section of the industry.

Mr. Hammersley, giving evidence afore the Committee of Industey and Trade, on behalf of the Provisional Emergency Cotton Committee, advocated the establishment of eansintinge of representa smplogers and employed to Whole industry and things to regulate plies and avoid recurrent booms slumps, the decisions of such oard to be binding.

He declared that the Committee sanged that steps be taken to make the cotton industry independent of America, where farmers were fin wed and highly organized an were holding up "supplies. ° The Committee suggested that India should be concentrated upon provide raw cotton of the requisite staple and grade, The speaker went on tw say thy his committee deprecated Gover ment Interference with the industry and thought that Lancashire wi not threatened by "the Increased reduction of low class yarn and hand-woven cloth, Te was ut the pinion that those xvod made India, Japan and China were of Yow quality: that English epltines and. manufacturers wold net make them.—Reuter,

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

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