HUGE COMBINE
BRITISH COTTON MILLS. United Press Association —By Electric Telegraph—Copyrignt). LONDON, October 17. Details of the reorganisation of the •otton trade were supplied by Sir Kenneth Stewart, Chairman of the Lancashire Cotton Corporation, an an address given at Liverpool. He said that between fifty and sixty spinning mills had consented to join in the Cotton Corporation which promises to combine the largest possible number of cotton mills, put them in order, organise them, and provide enough money to finance them properly. r I he next object, be says, will be the taking over of the weaving mills, where they would introduce the standardisation of cloth. This will involve mcrcluinting on a large scale. Sir K. Stewart added that he hoped to secure the co-operation of the finishers and merchants. The present state of affairs, be added, was no use to anyone. Their export trade must be restored on its old dimensions and made prosperous for the employers and workers alike.
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Hokitika Guardian, 18 October 1929, Page 6
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161HUGE COMBINE Hokitika Guardian, 18 October 1929, Page 6
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