COTTON INDUSTRY.
THE WAGES QUESTION.
By Teleirarh—Press Association— OopyricM (Rec. May 29, 5 p.m.) London, May'2B. Though 92 per cent, of the Federation of Master Cotton Spinners favour a 5 per cent, reduction in wages, the employers, not wishing for a period of industrial strife at the beginning of tho new reign, have decided to refrain from taking action for three months. TO PREVENT CORNERS. AN AMERICAN PROPOSAL. (Rec. May 30, 1.10 a.m.) New York, May 29. A scheme is on foot to establish warehouses in the United States-cotton belt capable of storing thfc world's demand for a year, thereby preventing the formation of corners. Messrs. Leopold Hirscli, John Hayes Hammond, and Dan Sulby are interested in the scheme.
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Dominion, Volume 3, Issue 829, 30 May 1910, Page 7
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119COTTON INDUSTRY. Dominion, Volume 3, Issue 829, 30 May 1910, Page 7
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