COTTON INDUSTRY

Dominion, Volume 22, Issue 263, 2 August 1929, Page 11

COTTON INDUSTRY

INQUIRY COMMITTEE APPOINTED TERMS OF REFERENCE (British Official Wireless.) Rugby, July 31. The Prime Minister, Mr. Ramsay MacDonald, has appointed the following Sub-committee of the Committee of Civil Research to inquire into the cotton industry:—Mr. W. Graham (president of the Board of Trade), chairman ; Mr. A. V. Alexander (First Lord of the Admiralty), Sir Alan Anderson, Mr. Joseph Jones, and Sir William McElntock. The terms of reference will be: To consider and report upon the present conditions and prospects of the cotton industry and make recommendations as to any action which may appear desirable and practicable in order to improve the position of this industry in the markets of the world. Mr. Jones is secretary to the Yorkshire Mill-Owners’ Association, Sir William McLintock is senior partner of Thomson, McLintock, and Co., chartered accountants, and has been a member of the Royal Commission on Income Tax, of the National Debt and Taxation Committee, and the Unemployment Insurance Committee. ATTITUDE OF THE WORKERS Australian Press Association. (Rec. August 1,10.30 p.m.) London, August 1. A new factor in the cotton situation has arisen owing to the Government’s inquiry. Meanwhile operative spinners, whose representatives have already indicated their willingness to accept the principle of reduction, but desire to negotiate as to the amount, have decided to refer the whole question to the districts and will meet again on Monday. The attitude of the workers generally is summed up by the weavers’ president, who wants the mills to reopen at the old rates and then hold a discussion to solve the difficulties. ARTIFICIAL SILK FACTORY CLOSED (Rec. August 1, 10.30 p.m.) London, August 1. Courtaulds have closed down the Nuneaton artificial silk factory, which employs 1500 workers, until August 12, when the position will be reviewed.