The Archive · 1938

London, Dee. 17

'A "Selt Help" scheme, whereby it is proposed to reorganize Lancashire's, colton industry, and strengthen its competitive power overseas, is being Taunehed in revised form by a Joint Committee of cotton trade or-Fanizations, which is meeting at Manchester, It is proposed to appoint a Cotton Industry Board, consisting of a chalrman, and fourteen other members, of which the chairman and two other members must be Independent, and must relinquish any financial interest they may have in the industry, The Board would review schemes submitted by the trade, and submit them for approval to the Board of Trade.

After being laid before Parliament, such schemes, unless they were re-ceted, would be given statutory fore.

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

Your account