BRITISH GOODS BOYCOTTED.
BOMBAY NATIVE DEALERS.
NATIONALIST MOVEMENT.
THREAT TO IMPORT TRADE
By Telegraph—Press Aasoinntion— Copyright. (Received July 25. 9.15 p.m.) DELHI, July 25. Iho Bombay Native Piecegoods Association, which controls the main business in foreign cloth in (lie city, after three dajs of talk lias decided to have no further dealings in British goods until the Government has agreed to tlio Nationalist demands.
Hie association consists of 500 wholesale merchants, who import cloth worth moie than .L 1,500,000 each year.
Bombay is the centre of the growing textile, trade of India, where 140,000 persons are employed in tho mills. It also imports cotton piecegoods from England, chiefly from Lancashire. In 1926 709,000,000 yards of unbleached grey cotton piecegoods, 465.000.000 yards of bleached white, and 365.000.000"yards of printed goods were imported into India. But Lancashire, which had the larger share of the trade, has lost much of it twing to local manufacture and the increased duty imposed by India on imports. Bombay has suffered hi common with other places in tho decline in the cotton trade, and in January of this year the result of an inquiry by a leading firm of accountants showed*that the mills wero losing in many cases, and as a result of liquidation and closing of mills the public had lost £4,500,000 in capital. Japan took advantage of the position, and last year her exports of cotton goods to India wero 357,000,000 yards, which increased tho difficulties of Lancashire.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20626, 26 July 1930, Page 13
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243BRITISH GOODS BOYCOTTED. New Zealand Herald, Volume LXVII, Issue 20626, 26 July 1930, Page 13
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