Problem of the Cotton Supply
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A paper by Ernest H. Taylor of Manchester, read to the Textile Institute, on the dependence of the Lancashire cotton industry on American raw cotton and the price swings caused by speculators. It presents figures on cotton consumption, Liverpool prices and spindle growth, and reviews the work of the British Cotton Growing Association. Taylor proposes a Government-guaranteed capital of about five million pounds to expand cotton growing within the British Empire (India, Nigeria, the Soudan, East Africa). The second half records the discussion by Institute members, who debate Government aid, the role of speculators and the prospects of Empire-grown cotton, followed by Taylor's reply.
- Type
- Article
- Date
- May 1912
- Language
- English
- Pages
- 17
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From Ralph Griswold's Digital Archive, delivered by the University of Arizona.
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