UNREST IN INDIA
economic readjustment urgently NEEDED SITUATION AGGRAVATED BY PROFITEERING London, January 12. The Bombay cotton-workers' strike is symptomatic of the urgency of economic readjustment throughout India. Tho cost of food has increased by 102 per cent, compared with pre-war prices, but mill wages have only risen 50 .per cent. Profiteering and land speculation aggravate the situation. The lives of flie middle claw have becme desperately hard. The Nationalists possibly foment tho unrest, but they would not succeed if genuine grievances did not exist. Tho millowners, while favouring the change, are anxious to postpone the introdaction of the ten-hour day, with a view to meeting the abnormal pressure of orders. They are experiencing the greatest trade boom since tho 'sixties, and the profits of some mills amount to dflfl per cent. There is an unprecedented demand for imports, to which Americans are largely contributing—"Tho Times."
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Dominion, Volume 13, Issue 95, 16 January 1920, Page 7
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146UNREST IN INDIA Dominion, Volume 13, Issue 95, 16 January 1920, Page 7
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