COTTON BOOM IN ENGLAND
COMBINES OPERATING AT FANCY PRICES. London, October 26. The boom in the. cotton industry in Lancashire continues. Combines are buying up companies at. thrice the original capitalisation, Ono combine commands seven millions of capital. The trade union leaders fnar that over-capi-talisation of iiho mills will--result in efforts to lower -wages when depressed trade lowers profits, therefore they:are asking for a. conference with Uio Federation of Master Spinners, with n" viewto preventing speculative uurchpse of the mills by, outside financial syndicates. -Ans.-N.7i." Cable Assn.
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Dominion, Volume 13, Issue 30, 30 October 1919, Page 5
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87COTTON BOOM IN ENGLAND Dominion, Volume 13, Issue 30, 30 October 1919, Page 5
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