The Archive · 1933

Slow Realisation

Even the press of Japan seems to be slowly realising the absurdity] and the harm to Japan that will eventuate if a boycott. of Indi cotton is resorted to. The "Hech, for instance, this morning, Jongthy editorial, after the stereo typed accusatic Great Britain is bent on a policy of driving Japs economically to the wall. and after a thinly-veiled sneer that such Policy is ample proof that the Lancashire spinning industry has been "Fgnominiously routed by the better brains and organisation of Japan, warns all concerned" that "there'is neither wisdom nor benefit in resorting to retaliation."

The main argument. for this is that the boycott would cause the rice of Indian cotton to fall, there-enabling Japan's competitors to buy Indian cotton more cheaply, while the price of cotton in other markets, such that of America, to which Japan would be compelled to turn in order to maintain her exports, vould automatically' wise, "an "attempt to boyeots 'Indian often," it declares, "can very. Dos-sibly tum out to be a. regular boomerang and even aggrandise our losses, for such action would meees. sitate' a corresponding additional dependence on American cotton,. the prices of which would appreciate b abarply, especially" with "the profected inflation schemes—there Gotten cultivation might be eneourpression intended to convey to the Teader being that, in the words of the "Hech, Japa is being "growly Tt, however, fails 10 mention such tufting things as, for instance, the fact that the exchange has become reduced from diose on 200 to 83 and that Japan raised the tariff on Indian pig-iron, at one bound, by as much as 250 per cent.

The Indian mill-owner, with cotton growing at his doorstep, with @ tariff advantage other advantages denied to] foreign countries, is yet numble to meet foreign, in this case Japanese, Tong th wan cossas dh Seta!

frit, ae Ser inmates. They carried lighted tor-aga Meek "faints fects cen attr the houses being seized and bound, three captives to walk along in fron competition.' The criticism by Jor the Japanese mill men tha, there is something radically wrong with the whole in India robe ea coe ably assisted Mrs. Greenfield.

On the following most successful tea was given for all the forei ren. port, who thoroughly" enjo} the, sand, and having. sitting on the beach. The mothers; and children all expressed great} Pleasure and thought the idea was host original. "A vote of thanks was given by the community to all whom had been instrumental making the dance and tea such an enjoyable success. A special vote of thanks was to. Mrs. given Greenfield who in reality had been responsible for the success of both tea' and dance,

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

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