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+<pre>
+
+The Project Gutenberg EBook of Encyclopaedia Britannica, 11th Edition,
+Volume 7, Slice 5, by Various
+
+This eBook is for the use of anyone anywhere at no cost and with
+almost no restrictions whatsoever. You may copy it, give it away or
+re-use it under the terms of the Project Gutenberg License included
+with this eBook or online at www.gutenberg.org
+
+
+Title: Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 5
+ "Cosway" to "Coucy"
+
+Author: Various
+
+Release Date: May 8, 2010 [EBook #32294]
+
+Language: English
+
+Character set encoding: ISO-8859-1
+
+*** START OF THIS PROJECT GUTENBERG EBOOK ENCYCLOPAEDIA BRITANNICA ***
+
+
+
+
+Produced by Marius Masi, Don Kretz, Juliet Sutherland and
+the Online Distributed Proofreading Team at
+http://www.pgdp.net
+
+
+
+
+
+
+</pre>
+
+
+
+<table border="0" cellpadding="10" style="background-color: #dcdcdc; color: #696969; " summary="Transcriber's note">
+<tr>
+<td style="width:25%; vertical-align:top">
+Transcriber's note:
+</td>
+<td class="norm">
+A few typographical errors have been corrected. They
+appear in the text <span class="correction" title="explanation will pop up">like this</span>, and the
+explanation will appear when the mouse pointer is moved over the marked
+passage. Sections in Greek will yield a transliteration
+when the pointer is moved over them, and words using diacritic characters in the
+Latin Extended Additional block, which may not display in some fonts or browsers, will
+display an unaccented version. <br /><br />
+<a name="artlinks">Links to other EB articles:</a> Links to articles residing in other EB volumes will
+be made available when the respective volumes are introduced online.
+</td>
+</tr>
+</table>
+<div style="padding-top: 3em; ">&nbsp;</div>
+
+
+<h2>THE ENCYCLOP&AElig;DIA BRITANNICA</h2>
+
+<h2>A DICTIONARY OF ARTS, SCIENCES, LITERATURE AND GENERAL INFORMATION</h2>
+
+<h3>ELEVENTH EDITION</h3>
+<div style="padding-top: 3em; ">&nbsp;</div>
+
+
+<hr class="full" />
+<h3>VOLUME VII SLICE V<br /><br />
+Cosway to Coucy</h3>
+<hr class="full" />
+<div style="padding-top: 3em; ">&nbsp;</div>
+
+<p class="center1" style="font-size: 180%;">Articles in This Slice</p>
+<table class="reg" style="width: 100%; font-size: 90%;" summary="Contents">
+
+<tr><td class="tcl"><a href="#ar1">COSWAY, RICHARD</a></td> <td class="tcl"><a href="#ar18">COTTER</a></td></tr>
+<tr><td class="tcl"><a href="#ar2">COTA DE MAGUAQUE, RODRIGO</a></td> <td class="tcl"><a href="#ar19">COTTESWOLD HILLS </a></td></tr>
+<tr><td class="tcl"><a href="#ar3">CÔTE-D'OR</a></td> <td class="tcl"><a href="#ar20">COTTET, CHARLES</a></td></tr>
+<tr><td class="tcl"><a href="#ar4">COTES, ROGER</a></td> <td class="tcl"><a href="#ar21">COTTII REGNUM</a></td></tr>
+<tr><td class="tcl"><a href="#ar5">CÔTES-DU-NORD</a></td> <td class="tcl"><a href="#ar22">COTTIN, MARIE</a></td></tr>
+<tr><td class="tcl"><a href="#ar6">COTGRAVE, RANDLE</a></td> <td class="tcl"><a href="#ar23">COTTINGTON, FRANCIS COTTINGTON</a></td></tr>
+<tr><td class="tcl"><a href="#ar7">CÖTHEN</a></td> <td class="tcl"><a href="#ar24">COTTON</a> (Anglo-Indian administrators)</td></tr>
+<tr><td class="tcl"><a href="#ar8">COTMAN, JOHN SELL</a></td> <td class="tcl"><a href="#ar25">COTTON, CHARLES</a></td></tr>
+<tr><td class="tcl"><a href="#ar9">COTONEASTER</a></td> <td class="tcl"><a href="#ar26">COTTON, GEORGE EDWARD LYNCH</a></td></tr>
+<tr><td class="tcl"><a href="#ar10">COTOPAXI</a></td> <td class="tcl"><a href="#ar27">COTTON, JOHN</a></td></tr>
+<tr><td class="tcl"><a href="#ar11">COTRONE</a></td> <td class="tcl"><a href="#ar28">COTTON, SIR ROBERT BRUCE</a></td></tr>
+<tr><td class="tcl"><a href="#ar12">COTTA</a> (German publishers)</td> <td class="tcl"><a href="#ar29">COTTON</a></td></tr>
+<tr><td class="tcl"><a href="#ar13">COTTA, BERNHARD VON</a></td> <td class="tcl"><a href="#ar30">COTTON MANUFACTURE</a></td></tr>
+<tr><td class="tcl"><a href="#ar14">COTTA, GAIUS AURELIUS</a></td> <td class="tcl"><a href="#ar31">COTTON-SPINNING MACHINERY</a></td></tr>
+<tr><td class="tcl"><a href="#ar15">COTTABUS</a></td> <td class="tcl"><a href="#ar32">COTYS</a></td></tr>
+<tr><td class="tcl"><a href="#ar16">COTTBUS</a></td> <td class="tcl"><a href="#ar33">COUCH, DARIUS NASH</a></td></tr>
+<tr><td class="tcl"><a href="#ar17">COTTENHAM, CHARLES PEPYS</a></td> <td class="tcl"><a href="#ar34">COUCY, LE CHÂTELAIN DE</a></td></tr>
+
+</table>
+
+<div style="padding-top: 3em; ">&nbsp;</div>
+
+<p><span class="pagenum"><a name="page248" id="page248"></a>248</span></p>
+
+<hr class="art" />
+<p><span class="bold">COSWAY, RICHARD<a name="ar1" id="ar1"></a></span> (c. 1742-1821), English miniature
+painter, was baptized in 1742; his father was master of Blundell&rsquo;s
+school, Tiverton, where Cosway was educated, and his uncle
+mayor of that town. He it was who, in conjunction with the
+boy&rsquo;s godfather, persuaded the father to allow Richard to proceed
+to London before he was twelve years old, to take lessons in
+drawing, and undertook to support him there. On his arrival,
+the youthful artist won the first prize given by the newly founded
+Society of Arts, of the money value of five guineas. He went to
+Thomas Hudson for his earliest instruction, but remained with
+him only a few months, and then attended William Shipley&rsquo;s
+drawing class, where he remained until he began to work on his
+own account in 1760. He was one of the earliest members of the
+Royal Academy, Associate in 1770 and Royal Academician in
+1771. His success in miniature painting is said to have been
+started by his clever portrait of Mrs Fitzherbert, which gave
+great satisfaction to the prince of Wales, and brought Cosway
+his earliest great patron. He speedily became one of the most
+popular artists of the day, and his residence at Schomberg House,
+Pall Mall, was a well-known aristocratic rendezvous. In 1791 he
+removed to Stratford Place, where he lived in a state of great
+magnificence till 1821, when after selling most of the treasures he
+had accumulated he went to reside in Edgware Road. He died on
+the 4th of July 1821, when driving in a carriage with his friend
+Miss Udney. He was buried in Marylebone New church.</p>
+
+<p>He married in 1781 Maria Hadfield, who survived him many
+years, and died in Italy in January 1838, in a school for girls
+which she had founded, and which she had attached to an
+important religious order devoted to the cause of female education,
+known as the Dame Inglesi. She had been created a
+baroness of the Empire on account of her devotion to female
+education by the emperor Francis I. in 1834. Her college still
+exists, and in it are preserved many of the things which had
+belonged to her and her husband.</p>
+
+<p>Cosway had one child who died young. She is the subject of
+one of his most celebrated engravings. He painted miniatures of
+very many members of the royal family, and of the leading
+persons who formed the court of the prince regent. Perhaps his
+most beautiful work is his miniature of Madame du Barry,
+painted in 1791, when that lady was residing in Bruton Street,
+Berkeley Square. This portrait, together with many other
+splendid works by Cosway, came into the collection of Mr J.
+Pierpont Morgan. There are many miniatures by this artist in
+the royal collection at Windsor Castle, at Belvoir Castle and in
+other important collections. His work is of great charm and
+of remarkable purity, and he is certainly the most brilliant
+miniature painter of the 18th century.</p>
+
+<div class="condensed">
+<p>For a full account of the artist and his wife, see <i>Richard Cosway,
+R.A.</i>, by G. C. Williamson (1905).</p>
+</div>
+<div class="author">(G. C. W.)</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTA DE MAGUAQUE, RODRIGO<a name="ar2" id="ar2"></a></span> (d. c. 1498), Spanish poet,
+who flourished towards the end of the 15th century, was born at
+Toledo. Little is known of him save that he was of Jewish origin.
+The <i>Coplas de Mingo Revulgo</i>, the <i>Coplas del Provincial</i>, and the
+first act of the <i>Celestina</i> have been ascribed to him on insufficient
+grounds. He is undoubtedly the author of the <i>Dialogo entre el
+amor y un viejo</i>, a striking dramatic poem first printed in the
+<i>Cancionero general</i> of 1511, and of a burlesque epithalamium
+written in 1472 or later. He abjured Judaism about the year
+1497, and is believed to have died shortly afterwards.</p>
+
+<div class="condensed">
+<p>See &ldquo;Épithalame burlesque,&rdquo; edited by R. Foulché-Delbosc, in
+the <i>Revue hispanique</i> (Paris, 1894), i. 69-72; A. Bonilla y San
+Martín, <i>Anales de la literatura española</i> (Madrid, 1904), pp. 164-167.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">CÔTE-D&rsquo;OR<a name="ar3" id="ar3"></a></span>, a department of eastern France, formed of the
+northern region of the old province of Burgundy, bounded N. by
+the department of Aube, N.E. by Haute-Marne, E. by Haute-Saône
+and Jura, S. by Saône-et-Loire, and W. by Nièvre and
+Yonne. Area, 3392 sq. m. Pop. (1906) 357,959. A chain of hills
+named the Plateau de Langres runs from north-east to south-west
+through the centre of the department, separating the basin
+of the Seine from that of the Saône, and forming a connecting-link
+between the Cévennes and the Vosges mountains. Extending
+southward from Dijon is a portion of this range which, on
+account of the excellence of its vineyards, bears the name of
+Côte-d&rsquo;Or, whence that of the department. The north-west
+portion of the department is occupied by the calcareous and
+densely-wooded district of Châtillonais, the south-west by spurs
+of the granitic chain of Morvan, while a wide plain traversed by
+the Saône extends over the eastern region. The Châtillonais is
+watered by the Seine, which there takes its rise, and by the Ource,
+both fed largely by the <i>douix</i> or abundant springs characteristic
+of Burgundy. The Armançon and other affluents of the Yonne,
+and the Arroux, a tributary of the Loire, water the south-west.</p>
+
+<p>The climate of Côte-d&rsquo;Or is temperate and healthy; the rainfall
+is abundant west of the central range, but moderate, and, in
+places, scarce, in the eastern plain. Husbandry flourishes, the
+wealth of the department lying chiefly in its vineyards, especially
+those of the Côte-d&rsquo;Or, which comprise the three main groups of
+Beaune, Nuits and Dijon, the latter the least renowned of the
+three. The chief cereals are wheat, oats and barley; potatoes,
+hops, beetroot, rape-seed, colza and a small quantity of tobacco
+are also produced. Sheep and cattle-raising is carried on chiefly
+in the western districts. The department has anthracite mines
+and produces freestone, lime and cement. The manufactures
+include iron, steel, nails, tools, machinery and other iron goods,
+paper, earthenware, tiles and bricks, morocco leather goods,
+biscuits and mustard, and there are flour-mills, distilleries, oil
+and vinegar works and breweries. The imports of the department
+are inconsiderable, coal alone being of any importance; there is
+an active export trade in wine, brandy, cereals and live stock and
+in manufactured goods. The Paris-Lyon-Méditerranée railway
+serves the department, its main line passing through Dijon.
+The canal of Burgundy, connecting the Saône with the Yonne,
+has a length of 94 m. in the department, while that from the
+Marne to the Saône has a length of 24 m.</p>
+
+<p>Côte-d&rsquo;Or is divided into the arrondissements of Dijon, Beaune,
+Châtillon and Semur, with 36 cantons and 717 communes. It
+forms the diocese of the bishop of Dijon, and part of the archiepiscopal
+province of Lyons and of the 8th military region.
+Dijon is the seat of the educational circumscription (<i>académie</i>)
+and court of appeal to which the department is assigned. The
+more noteworthy places are Dijon, the capital, Beaune, Châtillon,
+Semur, Auxonne, Flavigny and Cîteaux, all separately treated.
+St Jean de Losne, at the extremity of the Burgundy canal, is
+famous for its brave and successful resistance in 1636 to an
+immense force of Imperialists. Châteauneuf has a château of the
+<span class="pagenum"><a name="page249" id="page249"></a>249</span>
+15th century, St Seine-l&rsquo;Abbaye, a fine Gothic abbey church, and
+Saulieu, a Romanesque abbey church of the 11th century. The
+château of Bussy Rabutin (at Bussy-le-Grand), founded in the
+12th century, has an interesting collection of pictures made by
+Roger de Rabutin, comte de Bussy, who also rebuilt the château.
+Montbard, the birthplace of the naturalist Buffon, has a keep of
+the 14th century and other remains of a castle of the dukes of
+Burgundy. The remarkable Renaissance chapel (1536) of Pagny-le-Château,
+belonging to the château destroyed in 1768, contains
+the tomb of Jean de Vienne (d. 1455) and that of Jean de
+Longwy (d. 1460) and Jeanne de Vienne (d. 1472), with alabaster
+effigies. At Fontenay, near Marmagne, a paper-works occupies
+the buildings of a well-preserved Cistercian abbey of the 12th
+century. At Vertault there are remains of a theatre and other
+buildings marking the site of the Gallo-Roman town of Vertilium.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTES, ROGER<a name="ar4" id="ar4"></a></span> (1682-1716), English mathematician and
+philosopher, was born on the 10th of July 1682 at Burbage,
+Leicestershire, of which place his father, the Rev. Robert Cotes,
+was rector. He was educated at Leicester school, and afterward
+at St Paul&rsquo;s school, London. Proceeding to Trinity College,
+Cambridge, in 1699, he obtained a fellowship in 1705, and in the
+following year was appointed Plumian professor of astronomy
+and experimental philosophy in the university of Cambridge.
+He took orders in 1713; and the same year, at the request of Dr
+Richard Bentley, he published the second edition of Newton&rsquo;s
+Principia with an original preface. He died on the 5th of June
+1716, leaving unfinished a series of elaborate researches on optics,
+and a large amount of unpublished manuscript. He contributed
+two memoirs to the <i>Philosophical Transactions</i>, one, &ldquo;Logometria,&rdquo;
+which discusses the calculation of logarithms and
+certain applications of the infinitesimal calculus, the other, a
+&ldquo;Description of the great fiery meteor seen on March 6th, 1716.&rdquo;
+After his death his papers were collected and published by his
+cousin and successor in the Plumian chair, Dr Robert Smith,
+under the title <i>Harmonia Mensurarum</i> (1722). This work
+included the &ldquo;Logometria,&rdquo; the trigonometrical theorem known
+as &ldquo;Cotes&rsquo; Theorem on the Circle&rdquo; (see <span class="sc"><a href="#artlinks">Trigonometry</a></span>), his
+theorem on harmonic means, subsequently developed by Colin
+Maclaurin, and a discussion of the curves known as &ldquo;Cotes&rsquo;
+Spirals,&rdquo; which occur as the path of a particle described under the
+influence of a central force varying inversely as the cube of the
+distance. In 1738 Dr Robert Smith published Cotes&rsquo; <i>Hydrostatical
+and Pneumatical Lectures</i>, a work which was held in great
+estimation. The exceptional genius of Cotes earned encomiums
+from both his contemporaries and successors; Sir Isaac Newton
+said, &ldquo;If Mr Cotes had lived, we should have known something.&rdquo;</p>
+
+
+<hr class="art" />
+<p><span class="bold">CÔTES-DU-NORD<a name="ar5" id="ar5"></a></span>, a maritime department of the north-west
+of France, formed in 1790 from the northern part of the province
+of Brittany, and bounded N. by the English Channel, E. by
+the department of Ille-et-Vilaine, S. by Morbihan, and W. by
+Finistère. Pop. (1906) 611,506. Area, 2786 sq. m. In general
+conformation, Côtes-du-Nord is an undulating plateau including
+in its more southerly portion three well-marked ranges of hills.
+A granitic chain, the Monts du Méné, starting in the south-east
+of the department runs in a north-westerly direction, forming the
+watershed between the rivers running respectively to the Channel
+and the Atlantic Ocean. Towards its western extremity this
+chain bifurcates to form the Montagnes Noires in the south-west
+and the Montagne d&rsquo;Arrée in the west of the department. The
+rivers of the Channel slope are the Rance, Arguenon, Gouessan,
+Gouet, Trieux, Tréguier and Léguer, while the Blavet, Meu,
+Oust and Aulne belong to the southern slope. Off the coast,
+which is steep, rocky and much indented, are the Sept-Iles,
+Bréhat and other small islands. The principal bays are those of
+St Malo and St Brieuc.</p>
+
+<p>The climate is mild and not subject to extremes; in the west it
+is especially humid. Agriculture is more successful on the coast,
+where seaweed can be used as a fertilizer, than in the interior.
+Cereals are largely grown, wheat, oats and buck-wheat being the
+chief crops. Potatoes, flax, mangels, apples, plums, cherries and
+honey are also produced. Pasture and various kinds of forage
+are abundant, and there is a large output of milk and butter.
+The horses of the department are in repute. It produces slate,
+building-stone, lime and china-clay. Flour-mills, saw-mills,
+sardine factories, tanneries, iron-works, manufactories of polish,
+boat-building yards, and rope-works employ many of the
+inhabitants, and cloth, agricultural implements and nails are
+manufactured. The chief imports are coal, wood and salt.
+Exports include agricultural products (eggs, butter, vegetables,
+&amp;c.), horses, flax and fish. The chief commercial ports are Le
+Légué and Paimpol; and Paimpol also equips a large fleet for
+the Icelandic fisheries. The coast fishing is important and large
+quantities of sardines are preserved. The department is served
+by the Ouest-État railway; its chief waterway is the canal
+from Nantes to Brest which traverses it for 73 m.</p>
+
+<p>Côtes-du-Nord is divided into the five arrondissements of St
+Brieuc, Dinan, Guingamp, Lannion and Loudéac, which contain
+48 cantons and 390 communes. Bas Breton is spoken in the
+arrondissements of Guingamp and Lannion, and in part of those
+of Loudéac and St Brieuc. The department belongs to the
+ecclesiastical province, the académie (educational division), and
+the appeal court of Rennes, and in the region of the X. army corps.
+St Brieuc, Dinan, Guingamp, Lamballe, Paimpol and Tréguier,
+the more noteworthy towns, are separately treated. Extensive
+remains of an abbey of the Premonstratensian order, dating
+chiefly from the 13th century, exist at Kerity; and Lehon has
+remains of a priory, which dates from the same period. The
+department is rich in interesting churches, among which those of
+Ploubezre (12th, 14th and 16th centuries), Perros-Guirec (12th
+century), Plestin-les-Grèves (16th century) and Lanleff (12th
+century) may be mentioned. The church of St Mathurin at
+Moncontour, which is a celebrated place of pilgrimage, contains
+fine stained glass of the 16th century, and the mural paintings of
+the chapel of Kermaria-an-Isquit near Plouha, which belongs to
+the 13th and 14th centuries, are celebrated. Near Lannion (pop.
+5336), itself a picturesque old town, is the ruined castle of
+Tonquédec, built in the 14th century and sometimes known as
+&ldquo;the Pierrefonds of Brittany,&rdquo; owing to its resemblance to the
+more famous castle. At Corseul are a temple and other Roman
+remains.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTGRAVE, RANDLE<a name="ar6" id="ar6"></a></span> (?-1634), English lexicographer, came
+of a Cheshire family, and was educated at Cambridge, entering
+St John&rsquo;s College in 1587. He became secretary to Lord Burghley,
+and in 1611 published his French-English dictionary (2nd ed.,
+1632), a work of real historical importance in lexicography, and
+still valuable in spite of such errors as were due to contemporary
+want of exact scholarship.</p>
+
+
+<hr class="art" />
+<p><span class="bold">CÖTHEN,<a name="ar7" id="ar7"></a></span> or <span class="sc">Köthen</span>, a town of Germany, in the duchy of
+Anhalt on the Ziethe, at the junction of several railway lines,
+42 m. N.W. of Leipzig by rail. Pop. (1905) 22,978. It consists
+of an old and a new town with four suburbs. The former palace
+of the dukes of Anhalt-Cöthen, in the old town, has fine gardens
+and contains collections of pictures and coins, the famous
+ornithological collection of Johann Friedrich Naumann (1780-1857),
+and a library of some 20,000 volumes. Of the churches the
+Lutheran Jakobskirche (called the cathedral), a Gothic building
+with some fine old stained glass, is noteworthy. Besides the usual
+classical and modern schools (Gymnasium and Realschule)
+Cöthen possesses a technical institute, a school of gardening and
+a school of forestry. The industries include iron-founding and
+the manufacture of agricultural and other machinery, malt,
+beet-root sugar, leather, spirits, &amp;c.; a tolerably active trade is
+carried on in grain, wool, potatoes and vegetables. Among
+others, there is a monument to Sebastian Bach, who was music
+director here from 1717 to 1723.</p>
+
+<p>In the 10th century Cöthen was a Slav settlement, which was
+captured and destroyed by the German king Henry I. in 927.
+By the 12th century it had secured town rights and become a
+considerable centre of trade in agricultural produce. In 1300 it
+was burned by the margrave of Meissen. In 1547 the town was
+taken from its prince, Wolfgang (a cadet of the house of Anhalt),
+who had joined the league of Schmalkalden, and given by the
+emperor Charles V., with the rest of the prince&rsquo;s possessions,
+to the Spanish general and painter, Felipe Ladron y Guevara
+<span class="pagenum"><a name="page250" id="page250"></a>250</span>
+(1510-1563), from whom it was, however, soon repurchased.
+Hahnemann, the founder of homoeopathy, lived and worked
+in Cöthen. From 1603 to 1847 Cöthen was the capital of the
+principality, later duchy, of Anhalt-Cöthen.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTMAN, JOHN SELL<a name="ar8" id="ar8"></a></span> (1782-1842), English landscape-painter
+and etcher, son of a well-to-do silk mercer, was born at
+Norwich on the 16th of May 1782. He showed a talent for art
+and was sent to London to study, where he became the friend of
+Turner, T. Girtin and other artists. He first exhibited at the
+Royal Academy in 1800. In 1807 he went back to Norwich and
+joined the Norwich Society of Artists, of which in 1811 he became
+president. In 1825 he was made an associate of the Society of
+Painters in Water-colours; in 1834 he was appointed drawing-master
+at King&rsquo;s College, London; and in 1836 he was elected
+a member of the Institute of British Architects. He died in
+London on the 24th of July 1842. Cotman&rsquo;s work was not considered
+of much importance in his own day, and his pictures
+only procured small prices; but he now ranks as one of the great
+figures of the Norwich school. He was a fine draughtsman, and
+a remarkable painter both in oil and water-colour. One of his
+paintings is in the National Gallery. His fine architectural
+etchings, published in a series of volumes, the result of tours in
+Norfolk and Normandy, are valuable records of his interest in
+archaeology. He married early in life, and had five children, his
+sons, Miles Edmund (1810-1858) and Joseph John (1814-1878),
+both becoming landscape-painters of merit; and his younger
+brother Henry&rsquo;s son, Frederic George Cotman (b. 1850), the
+water-colour artist, continued the family reputation.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTONEASTER,<a name="ar9" id="ar9"></a></span> a genus of the rose family (Rosaceae),
+containing about twenty species of shrubs and small trees,
+natives of Europe, North Africa and temperate Asia. C. <i>vulgaris</i>
+is native on the limestone cliffs of the Great Orme in North Wales.
+Several species are grown in shrubberies and borders, or as wall
+plants, mainly for their clusters of bright red or yellow berry-like
+fruits. Plants are easily raised by seeds, cuttings or layers, and
+grow well in ordinary soil.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTOPAXI,<a name="ar10" id="ar10"></a></span> a mountain of the Andes, in Ecuador, South
+America, 35 m. S.S.E. of Quito, remarkable as the loftiest active
+volcano in the world. The earliest outbursts on record took
+place in 1532 and 1533; and since then the eruptions have been
+both numerous and destructive. Among the most important are
+those of 1744, 1746, 1766, 1768 and 1803. In 1744 the thunderings
+of the volcano were heard at Honda on the Rio Magdalena,
+about 500 m. distant; in 1768 the quantity of ashes ejected was
+so great that it covered all the lesser vegetation as far as
+Riobamba; and in 1803 Humboldt reports that at the port of
+Guayaquil, 160 m. from the crater, he heard the noise day and
+night like continued discharges of a battery. There were considerable
+outbursts in 1851, 1855, 1856, 1864 and 1877. In 1802
+Humboldt made a vain attempt to scale the cone, and pronounced
+the enterprise impossible; and the failure of Jean Baptiste
+Boussingault in 1831, and the double failure of M. Wagner in
+1858, seemed to confirm his opinion. In 1872, however, Dr
+Wilhelm Reiss succeeded on the 27th and 28th of November in
+reaching the top; in the May of the following year the same
+feat was accomplished by Dr A. Stübel, and he was followed
+by T. Wolf in 1877, M. von Thielmann in 1878 and Edward
+Whymper in 1880.</p>
+
+<p>Cotopaxi is frequently described as one of the most beautiful
+mountain masses of the world, rivalling the celebrated Fujiyama
+of Japan in its symmetry of outline, but overtopping it
+by more than 7000 ft. It is more than 15,000 ft. higher than
+Vesuvius, over 7000 ft. higher than Teneriffe, and nearly 2000 ft.
+higher than Popocatepetl. Its slope, according to Orton, is
+30°, according to Wagner 29°, the north-western side being
+slightly steeper than the south-eastern. The apical angle is 122°
+30&prime;. The snowfall is heavier on the eastern side of the cone
+which is permanently covered, while the western side is usually
+left bare, a phenomenon occasioned by the action of the moist
+trade winds from the Atlantic. Its height according to Whymper
+is 19,613 ft., and its crater is 2300 ft. in diameter from N. to S.,
+1650 ft. from E. to W., and has an approximate depth of 1200 ft.
+It is bordered by a rim of trachytic rock, forming a black coronet
+above the greyish volcanic dust and sand which covers its sides to
+a great depth. Whymper found snow and ice under this sand.
+On the southern slope, at a height of 15,059 ft., is a bare cone of
+porphyritic andesite called <i>El Picacho</i>, &ldquo;the beak,&rdquo; or <i>Cabeza
+del Inca</i>, &ldquo;the Inca&rsquo;s head,&rdquo; with dark cliffs rising fully 1000 ft.,
+which according to tradition is the original summit of the
+volcano blown off at the first-known eruption of 1532. The
+summit of Cotopaxi is usually enveloped in clouds; and even
+in the clearest month of the year it is rarely visible for more than
+eight or ten days. Its eruptions produce enormous quantities of
+pumice, and deep layers of mud, volcanic sand and pumice
+surround it on the plateau. Of the air currents about and above
+Cotopaxi, Wagner says (<i>Naturw. Reisen im trop. Amerika</i>, p. 514):
+&ldquo;On the Tacunga Plateau, at a height of 8000 Paris feet, the
+prevailing direction of the wind is meridional, usually from the
+south in the morning, and frequently from the north in the
+evening; but over the summit of Cotopaxi, at a height of 18,000
+ft., the north-west wind always prevails throughout the day.
+The gradually-widening volcanic cloud continually takes a south-eastern
+direction over the rim of the crater; at a height, however,
+of about 21,000 ft. it suddenly turns to the north-west, and
+maintains that direction till it reaches a height of at least 28,000
+ft. There are thus from the foot of the volcano to the highest
+level attained by its smoke-cloud three quite distinct regular
+currents of wind.&rdquo;</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTRONE<a name="ar11" id="ar11"></a></span> (anc. <i>Croto, Crotona</i>), a seaport and episcopal see on
+the E. coast of Calabria, Italy, in the province of Catanzaro, 37
+m. E.N.E. of Catanzaro Marina by rail, 143 ft. above sea-level.
+Pop. (1901) town, 7917; commune, 9545. It has a castle erected
+by the emperor Charles V. and a small harbour, which even in
+ancient times was not good, but important as the only one
+between Taranto and Reggio. It exports a considerable quantity
+of oranges, olives and liquorice.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTA,<a name="ar12" id="ar12"></a></span> the name of a family of German publishers, intimately
+connected with the history of German literature. The Cottas
+were of noble Italian descent, and at the time of the Reformation
+the family was settled in Eisenach in Thuringia.</p>
+
+<p><span class="sc">Johann Georg Cotta</span> (1) (1631-1692), the founder of the
+publishing house of J. G. Cotta, married in 1659 the widow of the
+university bookseller, Philipp Braun, in Tübingen, and took over
+the management of his business, thus establishing the firm which
+was subsequently associated with Cotta&rsquo;s name. On his death,
+in 1692, the undertaking passed to his only son, Johann Georg
+(2); and on his death in 1712, to the latter&rsquo;s eldest son, also
+named Johann Georg (3), while the second son, Johann Friedrich
+(see below), became the distinguished theologian.</p>
+
+<p>Although the eldest son of Johann Georg (3), Christoph
+Friedrich Cotta (1730-1807), established a printing-house to the
+court at Stuttgart, the business languished, and it was reserved
+to his youngest son, <span class="sc">Johann Friedrich, Freiherr Cotta Von
+Cottendorf</span> (1764-1832), who was born at Stuttgart on the
+27th of April 1764, to restore the fortunes of the firm. He
+attended the gymnasium of his native place, and was originally
+intended to study theology. He, however, entered the university
+of Tübingen as a student of mathematics and law, and after
+graduating spent a considerable time in Paris, studying French
+and natural science, and mixing with distinguished literary men.
+After practising as an advocate in one of the higher courts, Cotta,
+in compliance with his father&rsquo;s earnest desire, took over the
+publishing business at Tübingen. He began in December 1787,
+and laboured incessantly to acquire familiarity with all the
+details. The house connexions rapidly extended; and, in 1794,
+the <i>Allgemeine Zeitung</i>, of which Schiller was to be editor, was
+planned. Schiller was compelled to withdraw on account of his
+health; but his friendship with Cotta deepened every year, and
+was a great advantage to the poet and his family. Cotta
+awakened in Schiller so warm an attachment that, as Heinrich
+Döring tells us in his life of Schiller (1824), when a bookseller
+offered him a higher price than Cotta for the copyright of <i>Wallenstein</i>,
+the poet firmly declined it, replying &ldquo;Cotta deals honestly
+with me, and I with him.&rdquo; In 1795 Schiller and Cotta founded
+<span class="pagenum"><a name="page251" id="page251"></a>251</span>
+the <i>Horen</i>, a periodical very important to the student of German
+literature. The poet intended, by means of this work, to infuse
+higher ideas into the common lives of men, by giving them a
+nobler human culture, and &ldquo;to reunite the divided political world
+under the banner of truth and beauty.&rdquo; The <i>Horen</i> brought
+Goethe and Schiller into intimate relations with each other and
+with Cotta; and Goethe, while regretting that he had already
+promised <i>Wilhelm Meister</i> to another publisher, contributed the
+<i>Unterhaltung deutscher Ausgewanderten</i>, the <i>Roman Elegies</i> and
+a paper on Literary Sansculottism. Fichte sent essays from the
+first, and the other brilliant German authors of the time were
+also represented. In 1798 the <i>Allgemeine Zeitung</i> appeared at
+Tübingen, being edited first by Posselt and then by Huber. Soon
+the editorial office of the newspaper was transferred to Stuttgart,
+in 1803 to Ulm, and in 1810 to Augsburg; it is now in Munich. In
+1799 Cotta entered on his political career, being sent to Paris by
+the Württemberg estates as their representative. Here he made
+friendships which proved very advantageous for the <i>Allgemeine
+Zeitung</i>. In 1801 he paid another visit to Paris, also in a political
+capacity, when he carefully studied Napoleon&rsquo;s policy, and
+treasured up many hints which were useful to him in his literary
+undertakings. He still, however, devoted most of his attention
+to his own business, and, for many years, made all the entries into
+the ledger with his own hand. He relieved the tedium of almost
+ceaseless toil by pleasant intercourse with literary men. With
+Schiller, Huber, and Gottlieb Konrad Pfeffel (1736-1809) he was
+on terms of the warmest friendship; and he was also intimate
+with Herder, Schelling, Fichte, Richter, Voss, Hebel, Tieck,
+Therese Huber, Matthisson, the brothers Humboldt, Johann
+Müller, Spittler and others, whose works he published in whole
+or in part. In the correspondence of Alexander von Humboldt
+with Varnhagen von Ense we see the familiar relations in which
+the former stood to the Cotta family. In 1795 he published the
+<i>Politischen Annalen</i> and the <i>Jahrbücher der Baukunde</i>, and in
+1798 the <i>Damenalmanach</i>, along with some works of less importance.
+In 1807 he issued the <i>Morgenblatt</i>, to which Schorn&rsquo;s
+<i>Kunstblatt</i> and Menzel&rsquo;s <i>Literaturblatt</i> were afterwards added.
+In 1810 he removed to Stuttgart; and from that time till his
+death he was loaded with honours. State affairs and an honourable
+commission from the German booksellers took him to the
+Vienna congress; and in 1815 he was deputy-elect at the
+Württemberg diet. In 1819 he became representative of the
+nobility; then he succeeded to the offices of member of committee
+and (1824) vice-president of the Württemberg second chamber.
+He was also appointed Prussian <i>Geheimrat</i>, and knight of the
+order of the Württemberg crown; King William I. of Württemberg
+having already revived the ancient nobility in his family by
+granting him the patent of Freiherr (Baron) Cotta von Cottendorf.
+Meanwhile such publications as the <i>Polytechnische Journal</i>, the
+<i>Hesperus</i>, the <i>Württembergische Jahrbücher</i>, the <i>Hertha</i>, the
+<i>Ausland</i>, and the <i>Inland</i> issued from the press. In 1828-1829
+appeared the famous correspondence between Schiller and
+Goethe. Cotta was an unfailing friend of young struggling men
+of talent. In addition to his high standing as a publisher, he was
+a man of great practical energy, which flowed into various fields
+of activity. He was a scientific agriculturist, and promoted
+many reforms in farming. He was the first Württemberg landholder
+to abolish serfdom on his estates. In politics he was
+throughout his life a moderate liberal. In 1824 he set up a steam
+printing press in Augsburg, and, about the same time, founded a
+literary institute at Munich. In 1825 he started steamboats, for
+the first time, on Lake Constance, and introduced them in the
+following year on the Rhine. In 1828 he was sent to Berlin, on an
+important commission, by Bavaria and Württemberg, and was
+there rewarded with orders of distinction at the hands of the
+three kings. He died on the 29th of December 1832 leaving a son
+and a daughter as coheirs.</p>
+
+<p>His son, <span class="sc">Johann Georg</span> (4), <span class="sc">Freiherr Cotta Von Cottendorf</span>
+(1796-1863), succeeded to the management of the business
+on the death of his father, and was materially assisted by his
+sister&rsquo;s husband, Freiherr Hermann von Reischach. He greatly
+extended the connexions of the firm by the purchase, in 1839, of
+the publishing business of G. J. Göschen in Leipzig, and in 1845 of
+that of Vogel in Landshut; while, in 1845, &ldquo;Bible&rdquo; branches
+were established at Stuttgart and Munich. He was succeeded by
+his younger son, Karl, and by his nephew (the son of his sister),
+Hermann Albert von Reischach. Under their joint partnership,
+the before-mentioned firms in Leipzig and Landshut, and an
+artistic establishment in Munich passed into other hands, leaving
+on the death of Hermann Albert von Reischach, in 1876, Karl
+von Cotta the sole representative of the firm, until his death in
+1888. In 1889 the firm of J. G. Cotta passed by purchase into
+the hands of Adolf and Paul Kröner, who took others into
+partnership. In 1899 the business was converted into a limited
+liability company.</p>
+
+<div class="condensed">
+<p>See Albert Schäffle, <i>Cotta</i> (1895); <i>Verlags-Katalog der J. G.
+Cotta&rsquo;schen Buchhandlung, Nachfolger</i> (1900); and Lord Goschen&rsquo;s
+<i>Life and Times of G. J. Göschen</i> (1903).</p>
+</div>
+
+<p><span class="sc">Johann Friedrich Cotta</span> (1701-1779), the theologian, was
+born on the 12th of March 1701, the son of Johann Georg Cotta
+(2). After studying theology at Tübingen he began his public
+career as lecturer in Jena University. He then travelled in
+Germany, France and Holland, and, after residing several years
+in London, became professor at Tübingen in 1733. In 1736 he
+removed to the chair of theology in the university of Göttingen,
+which had been instituted as a seat of learning, two years before,
+by George II. of England, in his capacity as elector of Hanover.
+In 1739, however, he returned, as extraordinary professor of
+theology, to his Alma Mater, and, after successively filling the
+chairs of history, poetry and oratory, was appointed ordinary
+professor of theology in 1741. Finally he died, as chancellor of
+Tübingen University, on the 31st of December 1779. His
+learning was at once wide and accurate; his theological views
+were orthodox, although he did not believe in strict verbal
+inspiration. He was a voluminous writer. His chief works are
+his edition of Johann Gerhard&rsquo;s <i>Loci Theologici</i> (1762-1777), and
+the <i>Kirchenhistorie des Neuen Testaments</i> (1768-1773).</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTA, BERNHARD VON<a name="ar13" id="ar13"></a></span> (1808-1879), German geologist, was
+born in a forester&rsquo;s lodge near Eisenach, on the 24th of October
+1808. He was educated at Freiberg and Heidelberg and from 1842
+to 1874 he held the professorship of geology in the Bergakademie
+of Freiberg. Botany at first attracted him, and he was one of the
+earliest to use the microscope in determining the structure of
+fossil plants. Later on he gave his attention to practical geology,
+to the study of ore-deposits, of rocks and metamorphism; and he
+was regarded as an excellent teacher. His <i>Rocks classified and
+described: a Treatise on Lithology</i> (translated by P. H. Lawrence,
+1866) was the first comprehensive work on the subject issued in
+the English language, and it gave great impetus to the study of
+rocks in Britain. He died at Freiberg on the 14th of September
+1879.</p>
+
+<div class="condensed">
+<p><span class="sc">Publications.</span>&mdash;<i>Geognostische Wanderungen</i> (1836-1838); <i>Grundriss
+der Geognosie und Geologie</i> (1846); <i>Geologische Briefe aus den
+Alpen</i> (1850); <i>Praktische Geologie</i> (1852); <i>Geologische Bilder</i> (1852,
+ed. 4, 1861); <i>Die Gesteinslehre</i> (1855, ed. 2, 1862).</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTA, GAIUS AURELIUS<a name="ar14" id="ar14"></a></span> (c. 124-73 <span class="scs">B.C.</span>), Roman statesman
+and orator. In 92 he defended his uncle P. Rutilius Rufus,
+who had been unjustly accused of extortion in Asia. He was on
+intimate terms with the tribune M. Livius Drusus, who was
+murdered in 91, and in the same year was an unsuccessful
+candidate for the tribunate. Shortly afterwards he was prosecuted
+under the <i>lex Varia</i>, directed against all who had in any
+way supported the Italians against Rome, and, in order to avoid
+condemnation, went into voluntary exile. He did not return till
+82, during the dictatorship of Sulla. In 75 he was consul, and
+excited the hostility of the optimates by carrying a law that
+abolished the Sullan disqualification of the tribunes from holding
+higher magistracies; another law <i>de judiciis privatis</i>, of which
+nothing is known, was abrogated by his brother. In 74 Cotta
+obtained the province of Gaul, and was granted a triumph for
+some victory of which we possess no details; but on the very day
+before its celebration an old wound broke out, and he died
+suddenly. According to Cicero, P. Sulpicius Rufus and Cotta
+were the best speakers of the young men of their time. Physically
+incapable of rising to passionate heights of oratory, Cotta&rsquo;s
+<span class="pagenum"><a name="page252" id="page252"></a>252</span>
+successes were chiefly due to his searching investigation of facts;
+he kept strictly to the essentials of the case and avoided all
+irrelevant digressions. His style was pure and simple. He is
+introduced by Cicero as an interlocutor in the <i>De oratore</i> and <i>De
+natura deorum</i> (iii.), as a supporter of the principles of the New
+Academy. The fragments of Sallust contain the substance of a
+speech delivered by Cotta in order to calm the popular anger at a
+deficient corn-supply.</p>
+
+<div class="condensed">
+<p>See Cicero, <i>De oratore</i>, iii. 3, <i>Brutus</i>, 49, 55, 90, 92; Sallust, <i>Hist.
+Frag.</i>; Appian, <i>Bell. Civ.</i> i. 37.</p>
+</div>
+
+<p>His brother, <span class="sc">Lucius Aurelius Cotta</span>, when praetor in 70 <span class="scs">B.C.</span>
+brought in a law for the reform of the jury lists, by which the
+judices were to be eligible, not from the senators exclusively as
+limited by Sulla, but from senators, equites and <i>tribuni aerarii</i>.
+One-third were to be senators, and two-thirds men of equestrian
+census, one-half of whom must have been <i>tribuni aerarii</i>, a body
+as to whose functions there is no certain evidence, although in
+Cicero&rsquo;s time they were reckoned by courtesy amongst the
+equites. In 66 Cotta and L. Manlius Torquatus accused the
+consuls-elect for the following year of bribery in connexion with
+the elections; they were condemned, and Cotta and Torquatus
+chosen in their places. After the suppression of the Catilinarian
+conspiracy, Cotta proposed a public thanksgiving for Cicero&rsquo;s
+services, and after the latter had gone into exile, supported the
+view that there was no need of a law for his recall, since the
+law of Clodius was legally worthless. He subsequently attached
+himself to Caesar, and it was currently reported that Cotta (who
+was then quindecimvir) intended to propose that Caesar should
+receive the title of king, it being written in the books of fate that
+the Parthians could only be defeated by a king. Cotta&rsquo;s intention
+was not carried out in consequence of the murder of Caesar, after
+which he retired from public life.</p>
+
+<div class="condensed">
+<p>See Cicero, Orelli&rsquo;s <i>Onomasticon</i>; Sallust, <i>Catiline</i>, 18; Suetonius,
+<i>Caesar</i>, 79; Livy, <i>Epit.</i> 97; Vell. Pat. ii. 32; Dio Cassius xxxvi.
+44, xxxvii. 1.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTABUS<a name="ar15" id="ar15"></a></span> (Gr. <span class="grk" title="kottabos">&#954;&#972;&#964;&#964;&#945;&#946;&#959;&#962;</span>), a game of skill for a long time in
+great vogue at ancient Greek drinking parties, especially in the
+4th and 5th centuries <span class="scs">B.C.</span> It is frequently alluded to by the
+classical writers of the period, and not seldom depicted on ancient
+vases. The object of the player was to cast a portion of wine left
+in his drinking cup in such a way that, without breaking bulk in
+its passage through the air, it should reach a certain object set up
+as a mark, and there produce a distinct noise by its impact.
+Both the wine thrown and the noise made were called <span class="grk" title="latax">&#955;&#940;&#964;&#945;&#958;</span>.
+The thrower, in the ordinary form of the game, was expected to
+retain the recumbent position that was usual at table, and, in
+flinging the cottabus, to make use of his right hand only. To
+succeed in the aim no small amount of dexterity was required,
+and unusual ability in the game was rated as high as corresponding
+excellence in throwing the javelin. Not only was the cottabus
+the ordinary accompaniment of the festal assembly, but at least
+in Sicily a special building of a circular form was sometimes erected
+so that the players might be easily arranged round the basin, and
+follow each other in rapid succession. Like all games in which
+the element of chance found a place, it was regarded as more or
+less ominous of the future success of the players, especially in
+matters of love; and the excitement was sometimes further
+augmented by some object of value being staked on the event.</p>
+
+<p>Various modifications of the original principle of the game were
+gradually introduced, but for practical purposes we may reckon
+two varieties, (1) In the <span class="grk" title="Kottabos di oxybaphôn">&#922;&#972;&#964;&#964;&#945;&#946;&#959;&#962; &#948;&#7984; &#8000;&#958;&#965;&#946;&#940;&#966;&#969;&#957;</span> shallow saucers
+(<span class="grk" title="oxybapha">&#8000;&#958;&#973;&#946;&#945;&#966;&#945;</span>) were floated in a basin or mixing-bowl filled with water;
+the object was to sink the saucers by throwing the wine into them,
+and the competitor who sank the greatest number was considered
+victorious, and received the prize, which consisted of cakes or
+sweetmeats. (2) <span class="grk" title="Kottabos kataktos">&#922;&#972;&#964;&#964;&#945;&#946;&#959;&#962; &#954;&#945;&#964;&#945;&#954;&#964;&#972;&#962;</span><a name="FnAnchor_1" id="FnAnchor_1" href="#Footnote_1"><span class="sp">1</span></a> is not so easy to understand,
+although there is little doubt as to the apparatus. This
+consisted of a <span class="grk" title="rhabdos">&#8165;&#940;&#946;&#948;&#959;&#962;</span> or bronze rod; a <span class="grk" title="plastinx">&#960;&#955;&#940;&#963;&#964;&#953;&#947;&#958;</span>, a small disk or
+basin, resembling a scale-pan; a larger disk (<span class="grk" title="lekanis">&#955;&#949;&#954;&#945;&#957;&#943;&#962;</span>); and (in
+most cases) a small bronze figure called <span class="grk" title="manês">&#956;&#940;&#957;&#951;&#962;</span>. The discovery
+(by Professor Helbig in 1886) of two sets of actual apparatus near
+Perugia and various representations on vases help to elucidate
+the somewhat obscure accounts of the method of playing the game
+contained in the scholia and certain ancient authors who, it must
+not be forgotten, wrote at a time when the game itself had become
+obsolete, and cannot therefore be looked to for a trustworthy
+description of it.</p>
+
+<p>The first specimen of the apparatus found at Perugia resembles
+a candelabrum on a base, tapering towards the top, with a blunt
+end, on which the small disk (found near the rod), which has a
+hole near the edge and is slightly hollow in the middle, could be
+balanced. At about a third of the height of the rod is a large
+disk with a hole in the centre through which the rod runs; in a
+socket at the top is a small bronze figure, with right arm and
+right leg uplifted. In the second specimen there is no large
+disk, and the figure is holding up what is apparently a rhyton or
+drinking-horn.</p>
+
+<p>According to Prof. Helbig in <i>Mittheilungen des deutschen
+archäologischen Instituts</i> (Römische Abtheilung i., 1886) three
+games were played with this apparatus. In the first the smaller
+disk was placed on the top of the rod, and the object of the
+player was to dislodge it with a cast of the wine, so that it would
+fall with a clatter on the larger disk below. In the second (as in
+the third) the bronze figure was used; the smaller disk was placed
+above the figure, upon which it fell when hit, and thence on to the
+larger disk below. In the third, there was no smaller disk; the
+wine was thrown at the figure, and fell on to the larger disk
+underneath. Another supposed variety, in which two scales
+were balanced in such a manner that the weight of the liquid cast
+into either scale caused it to dip down and touch the top of an
+image placed under each, probably had no real existence, but is
+due to a confusion of the <span class="grk" title="plastinx">&#960;&#955;&#940;&#963;&#964;&#953;&#947;&#958;</span> with a scale-pan by reason of
+its shape. The game appears to have been of Sicilian origin, but
+it spread through Greece from Thessaly to Rhodes, and was
+especially fashionable at Athens. Dionysius, Alcaeus, Anacreon,
+Pindar, Bacchylides, Aeschylus, Sophocles, Euripides, Aristophanes,
+Antiphanes, make frequent and familiar allusion to the
+<span class="grk" title="kottabos">&#954;&#972;&#964;&#964;&#945;&#946;&#959;&#962;</span>; but in the writers of the Roman and Alexandrian
+period such reference as occurs shows that the fashion had died
+out. In Latin literature it is almost entirely unknown.</p>
+
+<div class="condensed">
+<p>The most complete treatise on the subject is C. Sartori&rsquo;s <i>Das
+Kottabos-Spiel der alten Griechen</i> (1893), in which a full bibliography
+of ancient and modern authorities is given. English readers may be
+referred to an article by A. Higgins on &ldquo;Recent Discoveries of the
+Apparatus used in playing the Game of Kottabos&rdquo; (<i>Archaeologia</i>, li.
+1888); see also &ldquo;Kottabos&rdquo; in Daremberg and Saglio&rsquo;s <i>Dictionnaire
+des antiquités</i>, and L. Becq de Fouquières, <i>Les Jeux des anciens</i> (1873).</p>
+</div>
+
+<hr class="foot" /> <div class="note">
+
+<p><a name="Footnote_1" id="Footnote_1" href="#FnAnchor_1"><span class="fn">1</span></a> The epithet <span class="grk" title="kataktos">&#954;&#945;&#964;&#945;&#954;&#964;&#8000;&#962;</span> (let down) may refer to the rod, which
+might be raised or lowered as required; to the lower disk, which
+might be moved up and down the stem; to the moving up and down
+of the scales, in the supposed variety of the game mentioned below.]</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTBUS,<a name="ar16" id="ar16"></a></span> a town of Germany, in the kingdom of Prussia, on
+the Spree, 72 m. S.E. of Berlin by the main railway to Görlitz, and
+at the intersection of the lines Halle-Sagan and Grossenhain-Frankfort-on-Oder.
+Pop. (1905) 46,269. It has four Protestant
+churches, a Roman Catholic church and a synagogue. The chief
+industry of the town is the manufacture of cloth, which has
+flourished here for centuries and now employs more than 6000
+hands. Wool-spinning, cotton-spinning and the manufacture of
+tobacco, machinery, beer, brandy, &amp;c., are also carried on. The
+town is also a considerable trading centre, and is the seat of a
+chamber of commerce and of a branch of the Imperial Bank
+(<i>Reichsbank</i>). In the Stadtwald, close to the town, is a women&rsquo;s
+hospital for diseases of the lungs, a government institution in
+connexion with the state system of insurance against incapacity
+and old age. At Branitz, a neighbouring village, are the magnificent
+château and park of Prince Pückler-Muskau.</p>
+
+<p>At one time Cottbus formed an independent lordship of the
+Empire, but in 1462 it passed by the treaty of Guben to Brandenburg.
+From 1807 to 1813 it belonged to the kingdom of Saxony.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTENHAM, CHARLES CHRISTOPHER PEPYS,<a name="ar17" id="ar17"></a></span> 1st <span class="sc">Earl
+of</span> (1781-1851), lord chancellor of England, was born in London
+on the 29th of April 1781. He was the second son of Sir William
+W. Pepys, a master in chancery, who was descended from John
+Pepys, of Cottenham, Cambridgeshire, a great-uncle of Samuel
+Pepys, the diarist. Educated at Harrow and Trinity College,
+<span class="pagenum"><a name="page253" id="page253"></a>253</span>
+Cambridge, Pepys was called to the bar at Lincoln&rsquo;s Inn in 1804.
+Practising at the chancery bar, his progress was extremely slow,
+and it was not till twenty-two years after his call that he was
+made a king&rsquo;s counsel. He sat in parliament, successively, for
+Higham Ferrars and Malton, was appointed solicitor-general in
+1834, and in the same year became master of the rolls. On the
+formation of Lord Melbourne&rsquo;s second administration in April
+1835, the great seal was for a time in commission, but eventually
+Pepys, who had been one of the commissioners, was appointed
+lord chancellor (January 1836) with the title of Baron Cottenham.
+He held office until the defeat of the ministry in 1841. In 1846
+he again became lord chancellor in Lord John Russell&rsquo;s administration.
+His health, however, had been gradually failing, and
+he resigned in 1850. Shortly before his retirement he had been
+created Viscount Crowhurst and earl of Cottenham. He died at
+Pietra Santa, in the duchy of Lucca, on the 29th of April 1851.</p>
+
+<p>Both as a lawyer and as a judge, Lord Cottenham was remarkable
+for his mastery of the principles of equity. An indifferent
+speaker, he nevertheless adorned the bench by the soundness of
+his law and the excellence of his judgments. As a politician he
+was somewhat of a failure, while his only important contribution
+to the statute-book was the Judgments Act 1838, which amended
+the law for the relief of insolvent debtors.</p>
+
+<p>The title of earl of Cottenham descended in turn to two of the
+earl&rsquo;s sons, Charles Edward (1824-1863), and William John
+(1825-1881), and then to the latter&rsquo;s son, Kenelm Charles
+Edward (b. 1874).</p>
+
+<div class="condensed">
+<p><span class="sc">Authorities.</span>&mdash;Campbell, <i>Lives of the Lord Chancellors</i> (1869);
+E. Foss, <i>The Judges of England</i> (1848-1864); E. Manson, <i>Builders
+of our Law</i> (1904); J. B. Atlay, <i>The Victorian Chancellors</i> (1906).</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTER,<a name="ar18" id="ar18"></a></span> <span class="sc">Cottar</span>, or <span class="sc">Cottier</span>, a word derived from the Latin
+<i>cota</i>, a cot or cottage, and used to describe a man who occupies a
+cottage and cultivates a small plot of land. This word is often
+employed to translate the <i>cotarius</i> of Domesday Book, a class
+whose exact status has been the subject of some discussion, and
+is still a matter of doubt. According to Domesday the <i>cotarii</i>
+were comparatively few, numbering less than seven thousand, and
+were scattered unevenly throughout England, being principally
+in the southern counties; they were occupied either in cultivating
+a small plot of land, or in working on the holdings of the <i>villani</i>.
+Like the <i>villani</i>, among whom they were frequently classed,
+their economic condition may be described as &ldquo;free in relation to
+every one except their lord.&rdquo;</p>
+
+<div class="condensed">
+<p>See F. W. Maitland, <i>Domesday Book and Beyond</i> (Cambridge,
+1897); and P. Vinogradoff, <i>Villainage in England</i> (Oxford, 1892).</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTESWOLD HILLS,<a name="ar19" id="ar19"></a></span> or <span class="sc">Cotswolds</span>, a range of hills in the
+western midlands of England. The greater part lies in Gloucestershire,
+but the system covered by the name also extends
+into Worcestershire, Warwickshire, Oxfordshire, Wiltshire and
+Somersetshire. It extends on a line from N.E. to S.W., forming
+a part of the great Oolitic belt extending through the English
+midlands. On the west the hills overlook the vales of Evesham,
+Gloucester and Berkeley (valleys of the Worcestershire Avon and
+the Severn), with a bold escarpment broken only by a few abrupt
+spurs, such as Bredon hill, between Tewkesbury and Evesham.
+On the east they slope more gently towards the basins of the
+upper Thames and the Bristol Avon. The watershed lies close to
+the western line, except where the Stroud valley, with the Frome,
+draining to the Severn, strikes deep into the heart of the hills.
+The principal valleys are those of the Windrush, Lech, Coln and
+Churn, feeders of the Thames, the Thames itself, and the Bristol
+Avon. The last, wherein lie Bath and Bristol, forms the southern
+boundary of the Cotteswolds; the northern is formed by the
+valleys of the Evenlode (draining to the Thames) and the Stour
+(to the Worcestershire Avon), with the low divide between them.
+The crest-line from Bath at the south to Meon Hill at the north
+measures 57 m. The breadth varies from 6 m. in the south to
+28 towards the north, and the area is some 300 sq. m. The
+features are those of a pleasant sequestered pastoral region,
+rolling plateaus or wolds and bare uplands alternating with deep
+narrow valleys, well wooded and traversed by shallow, rapid
+streams. The average elevation is about 600 ft., but Cleeve
+Cloud above Cheltenham in the Vale of Gloucester reaches
+1134 ft., and Broadway Hill, in the north, 1086 ft. These heights
+command splendid views over the rich vales towards the
+distant hills of Herefordshire and the Forest of Dean. The
+picturesque village of Broadway at the foot of the hill of that
+name is much in favour with artists.</p>
+
+<p>In the soil of the hill country is so much lime that a liberal
+supply of manure is required. With this good crops of barley
+and oats are obtained, and even of wheat, if the soil is mixed with
+clay. But the poorest land of the hill country affords excellent
+pasturage for sheep, the staple commodity of the district; and
+the sainfoin, which grows wild, yields abundantly under cultivation.
+The Cotteswolds have been famous for the breed of sheep
+named from them since the early part of the 15th century, a
+breed hardy and prolific, with lambs that quickly put on fleece,
+and become hardened to the bracing cold of the hills, where
+vegetation is a month later than in the vales. Improved by
+judicious crossing with the Leicester sheep, the modern Cotteswold
+has attained high perfection of weight, shape, fleece and
+quality. An impulse was given to Cotteswold farming by the
+chartering in 1845 of the Royal Agricultural College at
+Cirencester.</p>
+
+<p>A number of small market-towns or large villages lie on the
+outskirts of the hills, but in the inner parts of the district villages
+are few. The &ldquo;capital of the Cotteswolds&rdquo; is Cirencester, in the
+east. In the north is Chipping Campden, its great Perpendicular
+church and the picturesque houses of its wide street commemorating
+the wealth of its wool-merchants between the 14th and 17th
+centuries. Near this town, in the parish of Weston-sub-Edge,
+Robert Dover, an attorney, founded the once famous Cotteswold
+games early in the 17th century. Horse-racing and coursing
+were included with every sort of athletic exercise from quoits and
+skittles to wrestling, cudgels and singlestick. The games were
+suppressed by act of parliament in 1851.</p>
+
+<div class="condensed">
+<p>See <i>Proceedings of the Cotteswold Naturalists&rsquo; Field Club, passim</i>;
+W. H. Hutton, <i>By Thames and Cotswold</i> (London, 1903).</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTET, CHARLES<a name="ar20" id="ar20"></a></span> (1863-&emsp;&emsp;), French painter, was born at
+Puy. He studied at the École des Beaux-Arts, and under Puvis
+de Chavannes and Roll. He travelled and painted in Egypt,
+Italy, and on the Lake of Geneva, but he made his name with his
+sombre and gloomy, firmly designed, severe and impressive
+scenes of life on the Brittany coast. His signal success was
+achieved by his painting of the triptych, &ldquo;<i>Au pays de la mer</i>,&rdquo;
+now at the Luxembourg museum. The Lille gallery has his
+&ldquo;Burial in Brittany.&rdquo;</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTII REGNUM,<a name="ar21" id="ar21"></a></span> a district in the north of Liguria, including
+a considerable part of the important road which led over the pass
+(6119 ft.) of the Alpis Cottia (Mont Genèvre) into Gaul. Whether
+Hannibal crossed the Alps by this route is disputed, but it was
+certainly in use about 100 <span class="scs">B.C.</span> (see <span class="sc"><a href="#artlinks">Punic Wars</a></span>). In 58 <span class="scs">B.C.</span>
+Caesar met with some resistance on crossing it, but seems afterwards
+to have entered into friendly relations with Donnus, the
+king of the district; he must have used it frequently, and refers
+to it as the shortest route. Donnus&rsquo;s son Cottius erected the
+triumphal arch at his capital Segusio, the modern Susa, in
+honour of Augustus. Under Nero, after the death of the last
+Cottius, it became a province under the title of &ldquo;Alpes Cottiae,&rdquo;
+being governed by a <i>procurator Augusti</i>, though it still kept its old
+name also.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTIN, MARIE<a name="ar22" id="ar22"></a></span> [called <span class="sc">Sophie</span>] (1770-1807), French novelist,
+<i>née</i> Risteau (not Ristaud), was born in Paris in 1770. At
+seventeen she married a Bordeaux banker, who died three years
+after, when she retired to a house in the country at Champlan,
+where she spent the rest of her life. In 1799 she published
+anonymously her <i>Claire d&rsquo;Albe</i>. <i>Malvina</i> (1801) was also anonymous;
+but the success of <i>Amélie Mansfield</i> (1803) induced
+her to reveal her identity. In 1805 appeared <i>Mathilde</i>, an
+extravagant crusading story, and in 1806 she produced her last
+tale, the famous <i>Élisabeth, ou les exilés de Sibérie</i>, the subject of
+which was treated later with an admirable simplicity by Xavier
+de Maistre. Sainte-Beuve asserted that she committed suicide on
+account of an unfortunate attachment. This story is, however,
+<span class="pagenum"><a name="page254" id="page254"></a>254</span>
+unauthenticated. She died at Champlan (Seine et Oise) on the
+25th of April 1807.</p>
+
+<div class="condensed">
+<p>A complete edition of her works, with a notice by A. Petitot, was
+published, in five volumes, in 1817.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTINGTON, FRANCIS COTTINGTON,<a name="ar23" id="ar23"></a></span> <span class="sc">Baron</span> (1578-1652),
+English lord treasurer and ambassador, was the fourth son of
+Philip Cottington of Godmonston in Somersetshire. According
+to Hoare, his mother was Jane, daughter of Thomas Biflete, but
+according to Clarendon &ldquo;a Stafford nearly allied to Sir Edward
+Stafford,&rdquo; through whom he was recommended to Sir Charles
+Cornwallis, ambassador to Spain, becoming a member of his suite
+and acting as English agent on the latter&rsquo;s recall, from 1609 to
+1611. In 1612 he was appointed English consul at Seville.
+Returning to England, he was made a clerk of the council in
+September 1613. His Spanish experience rendered him useful to
+the king, and his bias in favour of Spain was always marked.
+He seems to have promoted the Spanish policy from the first,
+and pressed on Gondomar, the Spanish ambassador, the proposal
+for the Spanish in opposition to the French marriage for Prince
+Charles. He was a Roman Catholic at least at heart, becoming a
+member of that communion in 1623, returning to Protestantism,
+and again declaring himself a Roman Catholic in 1636, and
+supporting the cause of the Roman Catholics in England. In
+1616 he went as ambassador to Spain, making in 1618 James&rsquo;s
+proposal of mediation in the dispute with the elector palatine.
+After his return he was appointed secretary to the prince of
+Wales in October 1622, and was knighted and made a baronet in
+1623. He strongly disapproved of the prince&rsquo;s expedition to
+Spain, as an adventure likely to upset the whole policy of
+marriage and alliance, but was overruled and chosen to accompany
+him. His opposition greatly incensed Buckingham, and
+still more his perseverance in the Spanish policy after the failure
+of the expedition, and on Charles&rsquo;s accession Cottington was
+through his means dismissed from all his employments and
+forbidden to appear at court. The duke&rsquo;s assassination, however,
+enabled him to return. On the 12th of November 1628 he was
+made a privy councillor, and in March 1629 appointed chancellor
+of the exchequer. In the autumn he was again sent ambassador
+to Spain; he signed the treaty of peace of the 5th of November
+1630, and subsequently a secret agreement arranging for the
+partition of Holland between Spain and England in return for the
+restoration of the Palatinate. On the 10th of July 1631 he was
+created Baron Cottington of Hanworth in Middlesex.</p>
+
+<p>In March 1635 he was appointed master of the court of wards,
+and his exactions in this office were a principal cause of the
+unpopularity of the government. He was also appointed a
+commissioner for the treasury, together with Laud. Between
+Cottington and the latter there sprang up a fierce rivalry. In these
+personal encounters Cottington had nearly always the advantage,
+for he practised great reserve and possessed great powers of self-command,
+an extraordinary talent for dissembling and a fund of
+humour. Laud completely lacked these qualities, and though
+really possessing much greater influence with Charles, he was
+often embarrassed and sometimes exposed to ridicule by his
+opponent. The aim of Cottington&rsquo;s ambition was the place of
+lord treasurer, but Laud finally triumphed and secured it for his
+own nominee, Bishop Juxon, when Cottington became &ldquo;no more a
+leader but meddled with his particular duties only.&rdquo;<a name="FnAnchor_1a" id="FnAnchor_1a" href="#Footnote_1a"><span class="sp">1</span></a> He continued,
+however, to take a large share in public business and
+served on the committees for foreign, Irish and Scottish affairs.
+In the last, appointed in July 1638, he supported the war, and in
+May 1640, after the dismissal of the Short Parliament, he declared
+it his opinion that at such a crisis the king might levy money
+without the Parliament. His attempts to get funds from the city
+were unsuccessful, and he had recourse instead to a speculation in
+pepper. He had been appointed constable of the Tower, and he
+now prepared the fortress for a siege. In the trial of Strafford in
+1641 Cottington denied on oath that he had heard him use the
+incriminating words about &ldquo;reducing this kingdom.&rdquo; When the
+parliamentary opposition became too strong to be any longer
+defied, Cottington, as one of those who had chiefly incurred their
+hostility, hastened to retire from the administration, giving up
+the court of wards in May 1641 and the chancellorship of the
+exchequer in January 1642. He rejoined the king in 1643, took
+part in the proceedings of the Oxford parliament, and was made
+lord treasurer on the 3rd of October 1643. He signed the
+surrender of Oxford in July 1646, and being excepted from
+the <span class="correction" title="amended from idemnity">indemnity</span> retired abroad. He joined Prince Charles at the
+Hague in 1648, and became one of his counsellors. In 1649,
+together with Hyde, Cottington went on a mission to Spain to
+obtain help for the royal cause, having an interview with Mazarin
+at Paris on the way. They met, however, with an extremely
+ill reception, and Cottington found he had completely lost his
+popularity at the Spanish court, one cause being his shortcomings
+and waverings in the matter of religion. He now announced his
+intention of remaining in Spain and of keeping faithful to Roman
+Catholicism, and took up his residence at Valladolid, where he was
+maintained by the Jesuits. He died there on the 19th of June
+1652, his body being subsequently buried in Westminster Abbey.
+He had amassed a large fortune and built two magnificent houses
+at Hanworth and Founthill. Cottington was evidently a man of
+considerable ability, but the foreign policy pursued by him was
+opposed to the national interests and futile in itself. According
+to Clarendon&rsquo;s verdict &ldquo;he left behind him a greater esteem of
+his parts than love of his person.&rdquo; He married in 1623 Anne,
+daughter of Sir William Meredith and widow of Sir Robert Brett.
+All his children predeceased him, and his title became extinct
+at his death.</p>
+
+<div class="condensed">
+<p><span class="sc">Bibliography.</span>&mdash;Article in the <i>Dict. of Nat. Biography</i> and
+authorities there quoted; Clarendon&rsquo;s <i>Hist. of the Rebellion, passim</i>,
+and esp. xiii. 30 (his character), and xii., xiii. (account of the Spanish
+mission in 1649); Clarendon&rsquo;s <i>State Papers and Life</i>; Strafford&rsquo;s
+<i>Letters</i>; Gardiner&rsquo;s <i>Hist. of England and of the Commonwealth</i>;
+Hoare&rsquo;s <i>Wiltshire</i>; Laud&rsquo;s <i>Works</i>, vols, iii.-vii.; Winwood&rsquo;s
+<i>Memorials: A Refutation of a False and Impious Aspersion cast
+on the late Lord Cottington</i>; Dart, <i>Westmonasterium</i>, i. 181 (epitaph
+and monument).</p>
+</div>
+<div class="author">(P. C. Y.)</div>
+
+<hr class="foot" /> <div class="note">
+
+<p><a name="Footnote_1a" id="Footnote_1a" href="#FnAnchor_1a"><span class="fn">1</span></a> Strafford&rsquo;s <i>Letters</i>, ii. 52.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON,<a name="ar24" id="ar24"></a></span> the name of a well-known family of Anglo-Indian
+administrators, of whom the following are the most notable.</p>
+
+<p><span class="sc">Sir Arthur Thomas Cotton</span> (1803-1899), English engineer,
+tenth son of Henry Calveley Cotton, was born on the 15th of May
+1803, and was educated at Addiscombe. He entered the Madras
+engineers in 1819, served in the first Burmese war (1824-26), and
+in 1828 began his life-work on the irrigation works of southern
+India. He constructed works on the Cauvery, Coleroon, Godavari
+and Kistna rivers, making anicuts (dams) on the Coleroon
+(1836-1838) for the irrigation of the Tanjore, Trichinopoly and
+South Arcot districts; and on the Godivari (1847-1852) for the
+irrigation of the Godavari district. He also projected the anicut
+on the Kistna (Krishna), which was carried out by other officers.
+Before the beginning of his work Tanjore and the adjoining
+districts were threatened with ruin from lack of water; on its
+completion they became the richest part of Madras, and Tanjore
+returned the largest revenue of any district in India. He was
+the founder of the school of Indian hydraulic engineering, and
+carried out much of his work in the face of opposition and
+discouragement from the Madras government; though, in the
+minute of the 15th of May 1858, that government paid an ample
+tribute to the genius of Cotton&rsquo;s &ldquo;master mind.&rdquo; He was
+knighted in 1861. Sir Arthur Cotton believed in the possibility
+of constructing a complete system of irrigation and navigation
+canals throughout India, and devoted the whole of a long life to
+the partial realization of this project. He died on the 24th of
+July 1899.</p>
+
+<div class="condensed">
+<p>See Lady Hope, <i>General Sir Arthur Cotton</i> (1900).</p>
+</div>
+
+<p><span class="sc">Sir Henry John Stedman Cotton</span> (1845-&emsp;&emsp;), Anglo-Indian
+administrator, son of J. J. Cotton of the Madras Civil
+Service, was born on the 13th of September 1845, and was
+educated at Magdalen College school and King&rsquo;s College, London.
+He entered the Bengal Civil Service in 1867, and held various
+appointments of increasing importance until he became chief
+secretary to the Bengal government (1891-1896), acting home
+secretary to the government of India (1896), and chief commissioner
+of Assam (1896-1902). He retired in 1902, and soon
+became known as the leading English champion of the Indian
+<span class="pagenum"><a name="page255" id="page255"></a>255</span>
+nationalists. In 1906 he entered parliament as Liberal member
+for East Nottingham. He was the author of <i>New India</i> (1885;
+revised 1904-1907).</p>
+
+<p>His brother, <span class="sc">James Sutherland Cotton</span> (1847-&emsp;&emsp;), was
+born in India on the 17th of July 1847, and was educated at
+Magdalen College school and Trinity College, Oxford. For
+many years he was editor of the <i>Academy</i>; he published various
+works on Indian subjects, and was the English editor of the
+revised edition of the <i>Imperial Gazetteer of India</i> (1908).</p>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON, CHARLES<a name="ar25" id="ar25"></a></span> (1630-1687), English poet, the translator
+of Montaigne, was born at Beresford in Staffordshire on the 28th
+of April 1630. His father, Charles Cotton, was a man of marked
+ability, and counted among his friends Ben Jonson, John Selden,
+Sir Henry Wotton and Izaak Walton. The son was apparently
+not sent to the university, but he had as tutor Ralph Rawson, one
+of the fellows ejected from Brasenose College, Oxford, in 1648.
+Cotton travelled in France and perhaps in Italy, and at the age of
+twenty-eight he succeeded to an estate greatly encumbered by
+lawsuits during his father&rsquo;s lifetime. The rest of his life was
+spent chiefly in country pursuits, but from his <i>Voyage to Ireland
+in Burlesque</i> (1670) we know that he held a captain&rsquo;s commission
+and was ordered to that country. His friendship with Izaak
+Walton began about 1655, and the fact of this intimacy seems a
+sufficient answer to the charges sometimes brought against
+Cotton&rsquo;s character, based chiefly on his coarse burlesques of
+Virgil and Lucian. Walton&rsquo;s initials made into a cipher with his
+own were placed over the door of his fishing cottage on the Dove;
+and to the <i>Compleat Angler</i> he added &ldquo;Instructions how to angle
+for a trout or grayling in a clear stream.&rdquo; He married in 1656
+his cousin Isabella, who was a sister of Colonel Hutchinson. It
+was for his wife&rsquo;s sister, Miss Stanhope Hutchinson, that he
+undertook the translation of Corneille&rsquo;s <i>Horace</i> (1671). His wife
+died in 1670 and five years later he married the dowager countess
+of Ardglass; she had a jointure of £1500 a year, but it was
+secured from his extravagance, and at his death in 1687 he was
+insolvent. He was buried in St James&rsquo;s church, Piccadilly, on
+the 16th of February 1687. Cotton&rsquo;s reputation as a burlesque
+writer may account for the neglect with which the rest of his
+poems have been treated. Their excellence was not, however,
+overlooked by good critics. Coleridge praises the purity and
+unaffectedness of his style in <i>Biographia Literaria</i>, and Wordsworth
+(<i>Preface</i>, 1815) gave a copious quotation from the &ldquo;Ode to
+Winter.&rdquo; The &ldquo;Retirement&rdquo; is printed by Walton in the second
+part of the <i>Compleat Angler</i>. His masterpiece in translation, the
+<i>Essays of M. de Montaigne</i> (1685-1686, 1693, 1700, &amp;c.), has
+often been reprinted, and still maintains its reputation; his other
+works include <i>The Scarronides, or Virgil Travestie</i> (1664-1670), a
+gross burlesque of the first and fourth books of the Aeneid,
+which ran through fifteen editions; <i>Burlesque upon Burlesque,
+... being some of Lucian&rsquo;s Dialogues newly put into English
+fustian</i> (1675); <i>The Moral Philosophy of the Stoicks</i> (1667), from the
+French of Guillaume du Vair; <i>The History of the Life of the Duke
+d&rsquo;Espernon</i> (1670), from the French of G. Girard; the <i>Commentaries</i>
+(1674) of Blaise de Montluc; the <i>Planter&rsquo;s Manual</i>
+(1675), a practical book on arboriculture, in which he was an
+expert; <i>The Wonders of the Peake</i> (1681); the <i>Compleat Gamester</i>
+and <i>The Fair one of Tunis</i>, both dated 1674, are also assigned to
+Cotton.</p>
+
+<div class="condensed">
+<p>William Oldys contributed a life of Cotton to Hawkins&rsquo;s edition
+(1760) of the <i>Compleat Angler</i>. His <i>Lyrical Poems</i> were edited by
+J. R. Tutin in 1903, from an unsatisfactory edition of 1689. His
+translation of Montaigne was edited in 1892, and in a more elaborate
+form in 1902, by W. C. Hazlitt, who omitted or relegated to the notes
+the passages in which Cotton interpolates his own matter, and
+supplied his omissions.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON, GEORGE EDWARD LYNCH<a name="ar26" id="ar26"></a></span> (1813-1866), English
+educationist and divine, was born at Chester on the 29th of
+October 1813. He received his education at Westminster school,
+and at Trinity College, Cambridge. Here he joined the Low
+Church party, and was also the intimate friend of several disciples
+of Thomas Arnold, among whom were C. J. Vaughan
+and W. J. Conybeare. The influence of Arnold determined the
+character and course of his life. He graduated B.A. in 1836, and
+became an assistant-master at Rugby. Here he worked devotedly
+for fifteen years, inspired with Arnold&rsquo;s spirit, and heartily entering
+into his plans and methods. He became master of the fifth
+form about 1840 and was singularly successful with the boys.
+In 1852 he accepted the appointment of headmaster at Marlborough
+College, then in a state of almost hopeless disorganization,
+and in his six years of rule raised it to a high position. In
+1858 Cotton was offered the see of Calcutta, which, after much
+hesitation about quitting Marlborough, he accepted. For its
+peculiar duties and responsibilities he was remarkably fitted by
+the simplicity and strength of his character, by his large tolerance,
+and by the experience which he had gained as teacher and ruler
+at Rugby and Marlborough. The government of India had just
+been transferred from the East India Company to the crown,
+and questions of education were eagerly discussed. Cotton gave
+himself energetically to the work of establishing schools for
+British and Eurasian children, classes which had been hitherto
+much neglected. He did much also to improve the position of
+the chaplains, and was unwearied in missionary visitation. His
+sudden death was widely mourned. On the 6th of October 1866
+he had consecrated a cemetery at Kushtea on the Ganges, and
+was crossing a plank leading from the bank to the steamer when
+he slipped and fell into the river. He was carried away by the
+current and never seen again.</p>
+
+<div class="condensed">
+<p>A memoir of his life with selections from his journals and correspondence,
+edited by his widow, was published in 1871.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON, JOHN<a name="ar27" id="ar27"></a></span> (1585-1652), English and American Puritan
+divine, sometimes called &ldquo;The Patriarch of New England,&rdquo; born
+in Derby, England, on the 4th of December 1585. He was
+educated at Trinity College, Cambridge, graduating B.A. in 1603
+and M.A. in 1606, and became a fellow in Emmanuel College,
+Cambridge, then a stronghold of Puritanism, where, during the
+next six years, according to his friend and biographer, Rev.
+Samuel Whiting, he was &ldquo;head lecturer and dean, and Catechist,&rdquo;
+and &ldquo;a dilligent tutor to many pupils.&rdquo; In June 1612 he became
+vicar of the parish church of St Botolphs in Boston, Lincolnshire,
+where he remained for twenty-one years and was extremely
+popular. Becoming more and more a Puritan in spirit, he ceased,
+about 1615, to observe certain ceremonies prescribed by the
+legally authorized ritual, and in 1632 action was begun against
+him in the High Commission Court. He thereupon escaped,
+disguised, to London, lay in concealment there for several
+months, and, having been deeply interested from its beginning in
+the colonization of New England, he eluded the watch set for him
+at the various English ports, and in July 1633 emigrated to
+the colony of Massachusetts Bay, arriving at Boston early in
+September. On the 10th of October he was chosen &ldquo;teacher&rdquo; of
+the First Church of Boston, of which John Wilson (1588-1667)
+was pastor, and here he remained until his death on the 23rd
+of December 1652. In the newer, as in the older Boston, his
+popularity was almost unbounded, and his influence, both in
+ecclesiastical and in civil affairs, was probably greater than that
+of any other minister in theocratic New England. According to
+the contemporary historian, William Hubbard, &ldquo;Whatever he
+delivered in the pulpit was soon put into an order of court, if of a
+civil, or set up as a practice in the church, if of an ecclesiastical
+concernment.&rdquo; His influence, too, was generally beneficent,
+though it was never used to further the cause of religious freedom,
+or of democracy, his theory of government being given in an oft-quoted
+passage: &ldquo;Democracy, I do not conceyve that ever God
+did ordeyne as a fitt government eyther for church or commonwealth....
+As for Monarchy and aristocracy they are both for
+them clearly approved, and directed in Scripture yet so as (God)
+referreth the sovereigntie to himselfe, and setteth up Theocracy
+in both, as the best form of government.&rdquo; He naturally took an
+active part in most, if not all, of the political and theological
+controversies of his time, the two principal of which were those
+concerning Antinomianism and the expulsion of Roger Williams.
+In the former his position was somewhat equivocal&mdash;he first
+supported and then violently opposed Anne Hutchinson,&mdash;in the
+latter he approved Williams&rsquo;s expulsion as &ldquo;righteous in the eyes
+of God,&rdquo; and subsequently in a pamphlet discussion with
+<span class="pagenum"><a name="page256" id="page256"></a>256</span>
+Williams, particularly in his <i>Bloudy Tenent, Washed and made
+White in the Blood of the Lamb</i> (1647), vigorously opposed
+religious freedom. He was a man of great learning and was a
+prolific writer. His writings include: <i>The Keyes to the Kingdom
+of Heaven and the Power thereof</i> (1644), <i>The Way of the Churches of
+Christ in New England</i> (1645), and <i>The Way of Congregational
+Churches Cleared</i> (1648), these works constituting an invaluable
+exposition of New England Congregationalism; and <i>Milk for
+Babes, Drawn out of the Breasts of Both Testaments, Chiefly for
+the Spirituall Nourishment of Boston Babes in either England,
+but may be of like Use for any Children</i> (1646), widely used for
+many years, in New England, for the religious instruction of
+children.</p>
+
+<div class="condensed">
+<p>See the quaint sketch by Cotton Mather, John Cotton&rsquo;s grandson,
+in <i>Magnalia</i> (London, 1702), and a sketch by Cotton&rsquo;s contemporary
+and friend, Rev. Samuel Whiting, printed in Alexander Young&rsquo;s
+<i>Chronicles of the First Planters of the Colony of Massachusetts Bay
+from 1623 to 1636</i> (Boston, 1846); also A. W. McClure&rsquo;s <i>The Life of
+John Cotton</i> (Boston, 1846), a chapter in Arthur B. Ellis&rsquo;s <i>History
+of the First Church in Boston</i> (Boston, 1881), and a chapter in Williston
+Walker&rsquo;s <i>Ten New England Leaders</i> (New York, 1901). (<span class="sc">W. Wr.</span>)</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON, SIR ROBERT BRUCE,<a name="ar28" id="ar28"></a></span> Bart. (1571-1631), English
+antiquary, the founder of the Cottonian library, born at Denton
+in Huntingdonshire on the 22nd of January 1571, was a
+descendant, as he delighted to boast, of Robert Bruce. He was
+educated at Westminster school under William Camden the
+antiquary, and at Jesus College, Cambridge. His antiquarian
+tastes were early displayed in the collection of ancient records,
+charters and other manuscripts, which had been dispersed from
+the monastic libraries in the reign of Henry VIII.; and throughout
+the whole of his life he was an energetic collector of antiquities
+from all parts of England and the continent. His house at
+Westminster had a garden going down to the river and occupied
+part of the site of the present House of Lords. It was the
+meeting-place in the last years of Elizabeth&rsquo;s reign of the antiquarian
+society founded by Archbishop Parker. In 1600 Cotton
+visited the north of England with Camden in search of Pictish
+and Roman monuments and inscriptions. His reputation as an
+expert in heraldry led to his being asked by Queen Elizabeth
+to discuss the question of precedence between the English
+ambassador and the envoy of Spain, then in treaty at Calais.
+He drew up an elaborate paper establishing the precedence of
+the English ambassador. On the accession of James I. he was
+knighted, and in 1608 he wrote a <i>Memorial on Abuses in the
+Navy</i>, that resulted in a navy commission, of which he was made a
+member. He also presented to the king an historical <i>Inquiry
+into the Crown Revenues</i>, in which he speaks freely about the
+expenses of the royal household, and asserts that tonnage and
+poundage are only to be levied in war time, and to &ldquo;proceed out
+of good will, not of duty.&rdquo; In this paper he supported the
+creation of the order of baronets, each of whom was to pay the
+crown £1000; and in 1611 he himself received the title.</p>
+
+<p>Cotton helped John Speed in the compilation of his <i>History of
+England</i> (1611), and was regarded by contemporaries as the
+compiler of Camden&rsquo;s <i>History of Elizabeth</i>. It seems more likely
+that it was executed by Camden, but that Cotton exercised a
+general supervision, especially with regard to the story of Mary
+queen of Scots. The presentation of his mother&rsquo;s history was
+naturally important to James I., and Cotton himself took a keen
+interest in the matter. He had had the room in Fotheringay
+where Mary was executed transferred to his family seat at
+Connington. Meanwhile he was enlarging his collection of
+documents. In 1614 Arthur Agarde (<i>q.v.</i>) left his papers to him,
+and Camden&rsquo;s manuscripts came to him in 1623. In 1615 Cotton,
+as the intimate of the earl of Somerset, whose innocence he
+always maintained, was placed in confinement on the charge of
+being implicated in the murder of Sir Thomas Overbury; he
+confessed that he had acted as intermediary between Sarmiento,
+the Spanish ambassador, and Somerset, and had altered the
+dates of Somerset&rsquo;s correspondence. He was released after
+about eight months&rsquo; imprisonment without formal trial, and
+obtained a pardon on payment of £500. His friendship with
+Gondomar, Spanish ambassador in England from 1613 to 1621,
+brought further suspicion, probably undeserved, upon Cotton,
+of unduly favouring the Catholic party. From Charles I. and
+Buckingham Cotton received no favour; his attitude towards
+the court had begun to change, and he became the intimate
+friend of Sir John Eliot, Sir Simonds d&rsquo;Ewes and John Selden.
+He had entered parliament in 1604 as member for Huntingdon;
+in 1624 he sat for Old Sarum; in 1625 for Thetford; and in 1628
+for Castle Rising, Norfolk. In the debate on supply in 1625
+Cotton provided Eliot with full notes defending the action of the
+opposition in parliament, and in 1628 the leaders of the party
+met at Cotton&rsquo;s house to decide on their policy. In 1626 he gave
+advice before the council against debasing the standard of the
+coinage; and in January 1628 he was again before the council,
+urging the summons of a parliament. His arguments on the
+latter occasion are contained in his tract entitled <i>The Danger in
+which the Kingdom now standeth and the Remedy</i>. In October of
+the next year he was arrested, together with the earls of
+Bedford, Somerset, and Clare, for having circulated, with
+ironical purpose, a tract known as the <i>Proposition to bridle
+Parliament</i>, which had been addressed some fifteen years before
+by Sir Robert Dudley to James I., advising him to govern by
+force; the circulation of this by Parliamentarians was regarded
+as intended to insinuate that Charles&rsquo;s government was arbitrary
+and unconstitutional. Cotton denied knowledge of the matter,
+but the original was discovered in his house, and the copies had
+been put in circulation by a young man who lived after him and
+was said to be his natural son. Cotton was himself released the
+next month; but the proceedings in the star chamber continued,
+and, to his intense vexation, his library was sealed up by the
+king. He died on the 6th of May 1631, and was buried in
+Connington church, Huntingdonshire, where there is a monument
+to his memory.</p>
+
+<div class="condensed">
+<p>Many of Cotton&rsquo;s pamphlets were widely read in manuscript
+during his lifetime, but only two of his works were printed, <i>The
+Reign of Henry III</i>. (1627) and <i>The Danger in which the Kingdom
+now Standeth</i> (1628). His son, Sir Thomas (1594-1662), added
+considerably to the Cottonian library; and Sir John, the fourth
+baronet, presented it to the nation in 1700. In 1731 the collection,
+which had in the interval been removed to the Strand, and thence to
+Ashburnham House, was seriously damaged by fire. In 1753 it was
+transferred to the British Museum.</p>
+
+<p>See the article <span class="sc"><a href="#artlinks">Libraries</a></span>, and Edwards&rsquo;s <i>Lives of the Founders
+of the British Museum</i>, vol. i. Several of Cotton&rsquo;s papers have
+been printed under the title <i>Cottoni Posthuma</i>; others were published
+by Thomas Hearne.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON<a name="ar29" id="ar29"></a></span> (Fr. <i>coton</i>; from Arab, <i>qutun</i>), the most important of
+the vegetable fibres of the world, consisting of unicellular hairs
+which occur attached to the seeds of various species of plants of
+the genus <i>Gossypium</i>, belonging to the Mallow order (Malvaceae).
+Each fibre is formed by the outgrowth of a single epidermal cell
+of the testa or outer coat of the seed.</p>
+
+<p><i>Botany and Cultivation.</i>&mdash;The genus <i>Gossypium</i> includes herbs
+and shrubs, which have been cultivated from time immemorial,
+and are now found widely distributed throughout the tropical
+and subtropical regions of both hemispheres. South America,
+the West Indies, tropical Africa and Southern Asia are the
+homes of the various members, but the plants have been introduced
+with success into other lands, as is well indicated by the
+fact that although no species of <i>Gossypium</i> is native to the
+United States of America, that country now produces over two-thirds
+of the world&rsquo;s supply of cotton. Under normal conditions
+in warm climates many of the species are perennials, but, in the
+United States for example, climatic conditions necessitate the
+plants being renewed annually, and even in the tropics it is often
+found advisable to treat them as annuals to ensure the production
+of cotton of the best quality, to facilitate cultural operations, and
+to keep insect and fungoid pests in check.</p>
+
+<p>Microscopic examination of a specimen of mature cotton shows
+that the hairs are flattened and twisted, resembling somewhat
+in general appearance an empty and twisted fire hose. This
+characteristic is of great economic importance, the natural twist
+facilitating the operation of spinning the fibres into thread or
+yarn. It also distinguishes the true cotton from the silk cottons
+or flosses, the fibres of which have no twist, and do not readily
+<span class="pagenum"><a name="page257" id="page257"></a>257</span>
+spin into thread, and for this reason, amongst others, are very
+considerably less important as textile fibres. The chief of these
+silk cottons is kapok, consisting of the hairs borne on the interior
+of the pods (but not attached to the seeds) of <i>Eriodendron
+anfractuosum</i>, the silk cotton tree, a member of the Bombacaceae,
+an order very closely allied to the Malvaceae.</p>
+
+<table class="nobctr" style="float: left; width: 380px;" summary="Illustration">
+<tr><td class="figleft1"><img style="width:331px; height:538px" src="images/img257.jpg" alt="" /></td></tr>
+<tr><td class="caption1"><span class="f80">From Strasburger&rsquo;s <i>Lehrbuch der Botanik</i>, by
+permission of Gustav Fischer.</span><br /><br />
+<span class="sc">Fig. 1.</span>&mdash;Seed-hairs of the Cotton, <i>Gossypium
+herbaceum</i>. A, Part of seed-coat
+with hairs; B<span class="su">1</span>, insertion and lower part;
+B<span class="su">2</span>, middle part; and B<span class="su">3</span>, upper part of a
+hair.</td></tr></table>
+
+<p><i>Classification.</i>&mdash;Considerable difficulty is encountered in
+attempting to draw up a botanical classification of the species of
+<i>Gossypium</i>. Several are only known in cultivation, and we have
+but little knowledge of the wild parent forms from which they
+have descended. During the periods the cottons have been
+cultivated, selection, conscious or unconscious, has been carried
+on, resulting in the raising, from the same stock probably, in
+different places, of well-marked forms, which, in the absence of the
+history of their origin, might be regarded as different species.
+Then again, during at least the last four centuries, cotton plants
+have been distributed from one country to another, only to render
+still more difficult any
+attempt to establish definitely
+the origin of the
+varieties now grown.
+Under these circumstances
+it is not surprising
+to find that
+those who have paid
+attention to the botany
+of the cottons differ
+greatly in the number
+of species they recognize.
+Linnaeus described
+five or six
+species, de Candolle
+thirteen. Of the two
+Italian botanists who
+in comparatively recent
+years have monographed
+the group,
+Parlatore (<i>Le Specie dei
+cotoni</i>, 1866) recognizes
+seven species, whilst
+Todaro (<i>Relazione sulla
+culta dei cotoni</i>, 1877-1878)
+describes over
+fifty species: many of
+these, however, are of
+but little economic importance,
+and, in spite
+of the difficulties mentioned
+above, it is
+possible for practical
+purposes to divide the
+commercially important plants into five species, placing these
+in two groups according to the character of the hairs borne on
+the seeds. Sir G. Watt&rsquo;s exhaustive work on <i>Wild and Cultivated
+Cotton Plants of the World</i> (1907) is the latest authority on the
+subject; and his views on some debated points have been incorporated
+in the following account.</p>
+
+<p>A seed of &ldquo;Sea Island cotton&rdquo; is covered with long hairs only,
+which are readily pulled off, leaving the comparatively small
+black seed quite clean or with only a slight fuzz at the end,
+whereas a seed of &ldquo;Upland&rdquo; or ordinary American cotton bears
+both long and short hairs; the former are fairly easily detached
+(less easily, however, than in Sea Island cotton), whilst the latter
+adhere very firmly, so that when the long hairs are pulled off the
+seed remains completely covered with a short fuzz. This is also
+the case with the ordinary Indian and African cottons. There
+remains one other important group, the so-called &ldquo;kidney&rdquo;
+cottons in which there are only long hairs, and the seed easily
+comes away clean as with &ldquo;Sea Island,&rdquo; but, instead of each
+seed being separate, the whole group in each of the three compartments
+of the capsule is firmly united together in a more or less
+kidney-shaped mass. Starting with this as the basis of classification,
+we can construct the following key, the remaining principal
+points of difference being indicated in their proper places:&mdash;</p>
+
+<table class="reg" summary="poem"><tr><td> <div class="poemr">
+
+<p>i. Seeds covered with long hairs only, flowers yellow, turning to red.</p>
+ <p class="i2">A. Seeds separate.</p>
+ <p style="margin-left: 3em">Country of origin, Tropical America&mdash;(1) <i>G. barbadense</i>, L.</p>
+ <p class="i2">B. Seeds of each loculus united.</p>
+ <p style="margin-left: 3em">Country of origin, S. America&mdash;(2) <i>G. brasiliense</i>, Macf.</p>
+
+<p>ii. Seeds covered with long and short hairs.</p>
+
+ <p class="i2">A. Flowers yellow or white, turning to red.</p>
+ <p style="margin-left: 6em">a. Leaves 3 to 5 lobed, often large.</p>
+ <p style="margin-left: 7em">Flowers white.</p>
+ <p style="margin-left: 7em">Country of origin, Mexico&mdash;(3) <i>G. hirsutum</i>, L.</p>
+ <p style="margin-left: 6em">b. Leaves 3 to 5, seldom 7 lobed. Small.</p>
+ <p style="margin-left: 7em">Flowers yellow.</p>
+ <p style="margin-left: 7em">Country of origin, India&mdash;(4) <i>G. herbaceum</i>, L.</p>
+ <p class="i2">B. Flowers purple or red. Leaves 3 to 7 lobed.</p>
+ <p style="margin-left: 3em">Place of origin, Old World&mdash;(5) <i>G. arboreum</i>, L.</p>
+</div> </td></tr></table>
+
+<p>1. <i>G. barbadense</i>, Linn. This plant, known only in cultivation,
+is usually regarded as native to the West Indies. Watt regards it
+as closely allied to <i>G. vitifolium</i>, and considers the modern stock a
+hybrid, and probably not indigenous to the West Indies. He
+classifies the modern high-class Sea Island cottons as <i>G. barbadense</i>,
+var. <i>maritima</i>. Whatever may be its true botanical name it
+is the plant known in commerce as &ldquo;Sea Island&rdquo; cotton, owing to
+its introduction and successful cultivation in the Sea Islands and
+the coastal districts of South Carolina, Georgia and Florida.
+It yields the most valuable of all cottons, the hairs being long,
+fine and silky, and ranging in length from <span class="spp">3</span>&frasl;<span class="suu">8</span> to 2½ in. By careful
+selection (the methods of which are described below) in the
+United States, the quality of the product was much improved,
+and on the recent revival of the cotton industry in the West Indies
+American &ldquo;Sea Island&rdquo; seed was introduced back again to the
+original home of the species.</p>
+
+<p>Egyptian cotton is usually regarded as being derived from the
+same species. Watt considers many of the Egyptian cottons to
+be races or hybrids of <i>G. peruvianum</i>, Cav. Egyptian cotton in
+length of staple is intermediate between average Sea Island and
+average Upland. It has, however, certain characteristics which
+cause it to be in demand even in the United States, where during
+recent years Egyptian cotton has comprised about 80% of all the
+&ldquo;foreign&rdquo; cottons imported. These special qualities are its
+fineness, strength, elasticity and great natural twist, which
+combined enable it to make very fine, strong yarns, suited to the
+manufacture of the better qualities of hosiery, for mixing with
+silk and wool, for making lace, &amp;c. It also mercerizes very well.
+The principal varieties of Egyptian cotton are: <i>Mitafifi</i>, the best-known
+and most extensively grown, hardy and but little affected
+by climatic variation. It is usually regarded as the standard
+Egyptian cotton; the lint is yellowish brown, the seeds black and
+almost smooth, usually with a little tuft of short green hairs at
+the ends. <i>Abassi</i>, a variety comparatively recently obtained by
+selection. The lint is pure white, very fine and silky, but not so
+strong as Mitafifi cotton. <i>Yannovitch</i>, a variety known since
+about 1897, yields the finest and most silky lint of the white
+Egyptian cottons. <i>Bamia</i>, yielding a brown lint, very similar
+to Mitafifi, but slightly less valuable. <i>Ashmouni</i>, a variety
+principally cultivated in Upper Egypt. The lint is brown and
+generally resembles Mitafifi but is less valuable.</p>
+
+<p>Other varieties are <i>Zifiri</i>, <i>Hamouli</i> and <i>Gallini</i>, all of minor
+importance.</p>
+
+<p>2. <i>G. brasiliense</i>, Macf. (<i>G. peruvianum</i>, Engler), or kidney
+cotton. Amongst the varieties of cotton which are derived from
+this species appear to be Pernambuco, Maranham, Ceara,
+Aracaty and Maceio cottons. The fibre is generally white,
+somewhat harsh and wiry, and especially adapted for mixing
+with wool. The staple varies in length from 1 to about 1½ in.</p>
+
+<p>3. <i>G. hirsutum</i>, Linn. Although <i>G. barbadense</i> yields the most
+valuable cotton, <i>G. hirsutum</i> is the most important cotton-yielding
+plant, being the source of American cotton, <i>i.e.</i> Upland,
+Georgia, New Orleans and Texas varieties. The staple varies
+usually in length between ¾ and 1¼ in. According to Watt there
+are many hybrids in American cottons between <i>G. hirsutum</i> and
+<i>G. mexicanum</i>.</p>
+
+<p><span class="pagenum"><a name="page258" id="page258"></a>258</span></p>
+
+<p>4. <i>G. herbaceum</i>, Linn. Levant cotton is derived from this
+species. The majority of the races of cotton cultivated in India
+are often referred to this species, which is closely allied to
+<i>G. hirsutum</i> and has been regarded as identical with it. Amongst
+the cottons of this source are Hinganghat, Tinnevelly, Dharwar,
+Broach, Amraoti (Oomras or Oomrawattee), Kumta, Westerns,
+Dholera, Verawal, Bengals, Sind and Bhaunagar. Watt dissents
+from this view and classes these Indian cottons as <i>G. obtusifolium</i>
+and <i>G. Nanking</i> with their varieties. The Indian cottons are
+usually of short staple (about ¾ in.), but are probably capable of
+improvement.</p>
+
+<p>5. <i>G. arboreum</i>, Linn. This species is often considered as
+indigenous to India, but Dr Engler has pointed out that it is
+found wild in Upper Guinea, Abyssinia, Senegal, etc. It is the
+&ldquo;tree cotton&rdquo; of India and Africa, being typically a large shrub
+or small tree. The fibre is fine and silky, of about an inch in
+length. In India it is known as Nurma or Deo cotton, and
+is usually stated to be employed for making thread for the
+turbans of the priests. Commercially it is of comparatively minor
+importance.</p>
+
+<p>The following table, summarized from the <i>Handbook to the
+Imperial Institute Cotton Exhibition</i>, 1905, giving the length of
+staple and value on one date (January 16, 1905), will serve to
+indicate the <i>comparative</i> values of some of the principal commercial
+cottons. The actual value, of course, fluctuates greatly.</p>
+
+<table class="nobctr" style="width: 70%;" summary="Contents">
+
+<tr><td>&nbsp;</td> <td class="tccm">Length of Staple.<br />Inches.</td> <td class="tccm">Value<br />Per &#8468;.</td></tr>
+
+<tr><td class="tcl">Sea Island Cotton&mdash;</td> <td>&nbsp;</td> <td class="tcr">s.&emsp;d.</td></tr>
+<tr><td class="tcl">&emsp;Carolina Sea Island</td> <td class="tcc">1.8</td> <td class="tcr">1&emsp;3&ensp;</td></tr>
+<tr><td class="tcl">&emsp;Florida Sea Island</td> <td class="tcc">1.8</td> <td class="tcr">1&emsp;0&ensp;</td></tr>
+<tr><td class="tcl">&emsp;Georgia Sea Island</td> <td class="tcc">1.7</td> <td class="tcr">11¼</td></tr>
+<tr><td class="tcl">&emsp;Barbados Sea Island</td> <td class="tcc">2.0</td> <td class="tcr">1&emsp;3&ensp;</td></tr>
+
+<tr><td class="tcl">Egyptian Cottons&mdash;</td> <td class="tcc">&nbsp;</td> <td class="tcr">&nbsp;</td></tr>
+<tr><td class="tcl">&emsp;Yannovitch</td> <td class="tcc">1.5</td> <td class="tcr">9¼</td></tr>
+<tr><td class="tcl">&emsp;Abassi</td> <td class="tcc">1.5</td> <td class="tcr">8¾</td></tr>
+<tr><td class="tcl">&emsp;Good Brown Egyptian (Mitafifi)</td> <td class="tcc">1.2</td> <td class="tcr">7½</td></tr>
+
+<tr><td class="tcl">American Cotton&mdash;</td> <td class="tcc">&nbsp;</td> <td class="tcr">&nbsp;</td></tr>
+<tr><td class="tcl">&emsp;Good middling Memphis</td> <td class="tcc">1.3</td> <td class="tcr">4<span class="spp">2</span>&frasl;<span class="suu">5</span></td></tr>
+<tr><td class="tcl">&emsp;Good middling Texas</td> <td class="tcc">1.0</td> <td class="tcr">4<span class="spp">1</span>&frasl;<span class="suu">5</span></td></tr>
+<tr><td class="tcl">&emsp;Good middling Upland</td> <td class="tcc">1.0</td> <td class="tcr">4&ensp;</td></tr>
+
+<tr><td class="tcl">Indian Cottons&mdash;</td> <td class="tcc">&nbsp;</td> <td class="tcr">&nbsp;</td></tr>
+<tr><td class="tcl">&emsp;Fine Tinnevelly</td> <td class="tcc">0.8</td> <td class="tcr">4¼</td></tr>
+<tr><td class="tcl">&emsp;Fine Bhaunagar</td> <td class="tcc">1.0</td> <td class="tcr">3<span class="spp">7</span>&frasl;<span class="suu">8</span></td></tr>
+<tr><td class="tcl">&emsp;Fine Amraoti</td> <td class="tcc">1.0</td> <td class="tcr">3<span class="spp">7</span>&frasl;<span class="suu">8</span></td></tr>
+<tr><td class="tcl">&emsp;Fine Broach</td> <td class="tcc">0.9</td> <td class="tcr">3<span class="spp">13</span>&frasl;<span class="suu">16</span></td></tr>
+<tr><td class="tcl">&emsp;Fine Bengal</td> <td class="tcc">0.9</td> <td class="tcr">3<span class="spp">11</span>&frasl;<span class="suu">16</span></td></tr>
+<tr><td class="tcl">&emsp;Fine ginned Sind</td> <td class="tcc">0.8</td> <td class="tcr">3<span class="spp">11</span>&frasl;<span class="suu">16</span></td></tr>
+<tr><td class="tcl">&emsp;Good ginned Kumta</td> <td class="tcc">1.0</td> <td class="tcr">3½</td></tr>
+</table>
+
+<p class="noind">The close relationship between the length of the staple and the
+market price will be at once apparent.</p>
+
+<p><i>Cultivation.</i>&mdash;Cotton is very widely cultivated throughout the
+world, being grown on a greater or less scale as a commercial
+crop in almost every country included in the broad belt between
+latitudes 43° N. and 33° S., or approximately within the
+isothermal lines of 60° F.</p>
+
+<p>The cotton plant requires certain conditions for its successful
+cultivation; but, given these, it is very little affected by seasonal
+vicissitudes. Thus, for example, in the United States the worst
+season rarely diminishes the crop by more than about a quarter or
+one-third; such a thing as a &ldquo;half-crop&rdquo; is unknown. Various
+climatic factors may cause temporary checks, but the growing
+and maturing period is sufficiently long to allow the plants to
+overcome these disturbances.</p>
+
+<p>Cotton requires for its development from six to seven months of
+favourable weather. It thrives in a warm atmosphere, even in a
+very hot one, provided that it is moist and that the transpiration
+is not in excess of the supply of water. An idea of the requirements
+of the plant will perhaps be afforded by summarizing the
+conditions which have been found to give the best results in the
+United States.</p>
+
+<p>During April (when the seed is usually sown) and May
+frequent light showers, which keep the ground sufficiently moist
+to assist germination and the growth of the young plants, are
+desired. Three to four inches of rain per month is the average.
+The active growing period is from early June to about the middle
+of August. During June and the first fortnight in July plenty of
+sunshine is necessary, accompanied by sufficient rain to promote
+healthy, but not excessive, growth; the normal rainfall in the
+cotton belt for this period is about 4½ in. per month. During the
+second portion of July and the first of August a slightly higher
+rainfall is beneficial, and even heavy rains do little harm, provided
+the subsequent months are dry and warm. The first
+flowers usually appear in June, and the bolls ripen from early in
+August. Picking takes place normally during September and
+October, and during these months dry weather is essential.
+Flowering and fruiting go on continually, although in diminishing
+degree, until the advent of frost, which kills the flowers and
+young bolls and so puts an end to the production of cotton for
+the season.</p>
+
+<p>In the tropics the essential requirements are very similar, but
+there the dry season checks production in much the same way as
+do the frosts in temperate climates. In either case an adequate
+but not excessive rainfall, increasing from the time of sowing to
+the period of active growth, and then decreasing as the bolls
+ripen, with a dry picking season, combined with sunny days and
+warm nights, provide the ideal conditions for successful cotton
+cultivation. In regions where climatic conditions are favourable,
+cotton grows more or less successfully on almost all kinds of soil;
+it can be grown on light sandy soils, loams, heavy clays and
+sandy &ldquo;bottom&rdquo; lands with varying success. Sandy uplands
+produce a short stalk which bears fairly well. Clay and &ldquo;bottom&rdquo;
+lands produce a large, leafy plant, yielding less lint in proportion.
+The most suitable soils are medium grades of loam. The soil
+should be able to maintain very uniform conditions of moisture.
+Sudden variations in the amount of water supplied are injurious:
+a sandy soil cannot retain water; on the other hand a clay soil
+often maintains too great a supply, and rank growth with excess
+of foliage ensues. The best soil for cotton is thus a deep, well-drained
+loam, able to afford a uniform supply of moisture during
+the growing period. Wind is another important factor, as
+cotton does not do well in localities subject to very high winds;
+and in exposed situations, otherwise favourable, wind belts
+have at times to be provided.</p>
+
+<p><i>Cultivation in the United States.</i>&mdash;The United States being the
+most important cotton-producing country, the methods of
+cultivation practised there are first described, notes on methods
+adopted in other countries being added only when these differ
+considerably from American practice.</p>
+
+<p>The culture of cotton must be a clean one. It is not necessarily
+deep culture, and during the growing season the cultivation is
+preferably very shallow. The result is a great destruction of the
+humus of the soil, and great leaching and washing, especially in
+the light loams of the hill country of the United States. The main
+object, therefore, of the American cotton-planter is to prevent
+erosion. Wherever the planters have failed to guard their fields
+by hillside ploughing and terracing, these have been extensively
+denuded of soil, rendering them barren, and devastating other
+fields lying at a lower level, which are covered by the wash. The
+hillsides have gradually to be terraced with the plough, upon
+almost an exact level. On the better farms this is done with a
+spirit-level or compass from time to time and hillside ditches put
+in at the proper places. In the moist bottom-lands along the
+rivers it is the custom to throw the soil up in high beds with the
+plough, and then to cultivate them deep. This is the more
+common method of drainage, but it is expensive, as it has to be
+renewed every few years. More intelligent planters drain their
+bottom-lands with underground or open drains. In the case of
+small plantations the difficulties of adjusting a right-of-way for
+outlet ditches have interfered seriously with this plan. Many
+planters question the wisdom of deepbreaking and subsoiling.
+There can be no question that a deep soil is better for the cotton-plant;
+but the expense of obtaining it, the risk of injuring the
+soil through leaching, and the danger of bringing poor soil to the
+surface, have led many planters to oppose this plan. Sandy soils
+are made thereby too dry and leachy, and it is a questionable
+proceeding to turn the heavy clays upon the top. Planters are,
+as a result, divided in opinion as to the wisdom of subsoiling.
+Nothing definite can be said with regard to a rotation of crops
+<span class="pagenum"><a name="page259" id="page259"></a>259</span>
+upon the cotton plantation. Planters appreciate generally the
+value of broad-leaved and narrow-leaved plants and root crops,
+but there is an absence of exact knowledge, with the result that
+their practices are very varied. It is believed that the rotation
+must differ with every variety of soil, with the result that each
+planter has his own method, and little can be said in general. A
+more careful study of the physical as well as the chemical
+properties of a soil must precede intelligent experimentation in
+rotation. This knowledge is still lacking with regard to most of
+the cotton soils. The only uniform practice is to let the fields
+&ldquo;rest&rdquo; when they have become exhausted. Nature then restores
+them very rapidly. The exhaustion of the soil under cotton
+culture is chiefly due to the loss of humus, and nature soon puts
+this back in the excellent climate of the cotton-growing belt.
+Fields considered utterly used up, and allowed to &ldquo;rest&rdquo; for
+years, when cultivated again have produced better crops than
+those which had been under a more or less thoughtful rotation.
+In spite of the clean culture, good crops of cotton have been grown
+on some soils in the south for more than forty successive years.
+The fibre takes almost nothing from the land, and where the
+seeds are restored to the soil in some form, even without other
+fertilizers, the exhaustion of the soil is very slow. If the burning-up
+of humus and the leaching of the soil could be prevented, there
+is no reason why a cotton soil should not produce good crops
+continuously for an indefinite time. Bedding up land previous
+to planting is almost universal. The bed forms a warm seed-bed
+in the cool weather of early spring, and holds the manure which is
+drilled in usually to better advantage. The plants are generally
+left 2 or 3 in. above the middle of the row, which in four-foot rows
+gives a slope of 1 in. to the foot, causing the plough to lean from
+the plants in cultivating, and thus to cut fewer roots. The plants
+are usually cut out with a hoe from 8 to 14 in. apart. It seems to
+make little difference exactly what distance they are, so long as
+they are not wider apart on average land than 1 ft. On rich
+bottom-land they should be more distant. The seed is dropped
+from a planter, five or six seeds in a single line, at regular intervals
+10 to 12 in. apart. A narrow deep furrow is usually run immediately
+in advance of the planter, to break up the soil under the
+seed. The only time the hoe is used is to thin out the cotton in
+the row; all the rest of the cultivation is by various forms of
+ploughs and so-called cultivators. The question of deep and
+shallow culture has been much discussed among planters without
+any conclusion applicable to all soils being reached. All grass
+and weeds must be kept down, and the crust must be broken
+after every rain, but these seem to be the only principles upon
+which all agree. The most effective tool against the weeds is a
+broad sharp &ldquo;sweep,&rdquo; as it is called, which takes everything it
+meets, while going shallower than most ploughs. Harrows and
+cultivators are used where there are few weeds, and the mulching
+process is the one desired.</p>
+
+<p>The date of cotton-planting varies from March 1 to June 1,
+according to situation. Planting begins early in March in
+Southern Texas, and the first blooms will appear there about May
+15. Planting may be done as late as April 15 in the Piedmont
+region of North Carolina, and continue as late as the end of May.
+The first blooms will appear in this region about July 15. Picking
+may begin on July 10 in Southern Texas, and continue late into
+the winter, or until the rare frost kills the plants. It may not
+begin until September 10 in Piedmont, North Carolina. It is a
+peculiarity of the cotton-plant to lose a great many of its blooms
+and bolls. When the weather is not favourable at the fruiting
+stage, the otherwise hardy cotton plant displays its great weakness
+in this way. It sheds its &ldquo;forms&rdquo; (as the buds are called),
+blooms, and even half-grown bolls in great numbers. It has
+frequently been noted that even well-fertilized plants upon good
+soil will mature only 15 or 20% of the bolls produced. No
+means are known so far for preventing this great waste. Experts
+are at an entire loss to form a correct idea of the cause, or to
+apply any effective remedy.</p>
+
+<p>Cotton-picking is at once the most difficult and most expensive
+operation in cotton production. It is paid for at the rate of from
+45 to 50 cents per cwt. of seed cotton. The work is light, and
+is effectually performed by women and even children, as well as
+men; but it is tedious and requires care. The picking season
+will average 100 days. It is difficult to get the hands to work
+until the cotton is fully opened, and it is hard to induce them to
+pick over 100 &#8468; a day, though some expert hands are found in
+every cotton plantation who can pick twice as much. The loss
+resulting from careless work is very serious. The cotton falls out
+easily or is dropped. The careless gathering of dead leaves and
+twigs, and the soiling of the cotton by earth or by the natural
+colouring matter from the bolls, injure the quality. It has been
+commonly thought that the production of cotton in the south is
+limited by the amount that can be picked, but this limit is
+evidently very remote. The negro population of the towns and
+villages of the cotton country is usually available for a considerable
+share in cotton-picking. There is in the cotton states a rural
+population of over 7,000,000, more or less occupied in cotton-growing,
+and capable, at the low average of 100 &#8468; a day, of
+picking daily nearly 500,000 bales. It is evident, therefore, that if
+this number could work through the whole season of 100 days,
+they could pick three or four times as much cotton as the largest
+crop ever made. Great efforts have been made to devise cotton-picking
+machines, but, as yet, complete success has not been
+attained. Lowne&rsquo;s machine is useful in specially wide-planted
+fields and when the ground is sufficiently hard.</p>
+
+<p><i>Cotton Ginning.</i>&mdash;The crop having been picked, it has to be
+prepared for purpose of manufacture. This comprises separating
+the fibre or lint from the seeds, the operation being known as
+&ldquo;ginning.&rdquo; When this has been accomplished the weight of the
+crop is reduced to about one-third, each 100 &#8468; of seed cotton as
+picked yielding after ginning some 33 &#8468; of lint and 66 &#8468; of cotton
+seed. The actual amounts differ with different varieties, conditions
+of cultivation, methods of ginning, &amp;c.; a recent estimate
+in the United States gives 35% of lint for Upland cotton and
+25% for Sea Island cotton as more accurate.</p>
+
+<p>The separation of lint from seed is accomplished in various
+ways. The most primitive is hand-picking, the fibre being
+laboriously pulled from off each seed, as still practised in parts
+of Africa. In modern commercial cotton production ginning
+machines are always used. Very simple machines are used in
+some parts of Africa. The simplest cotton gin in extensive use
+is the &ldquo;churka,&rdquo; used from early times, and still largely employed
+in India and China. It consists essentially of two rollers either
+both of wood, or one of wood and one of iron, geared to revolve
+in contact in opposite directions; the seed cotton is fed to the
+rollers, the lint is drawn through, and the seed being unable to
+pass between the rollers is rejected. With this primitive machine,
+worked by hand, about 5 &#8468; of lint is the daily output. In the
+Macarthy roller gin, the lint, drawn by a roller covered with
+leather (preferably walrus hide), is drawn between a metal plate
+called the &ldquo;doctor&rdquo; (fixed tangentially to the roller and very
+close to it) and a blade called the &ldquo;beater&rdquo; or knife, which
+rapidly moves up and down immediately behind, and parallel to,
+the fixed plate. The lint is held by the roughness of the roller,
+and the blade of the knife or beater readily detaches the seed
+from the lint; the seed falls through a grid, while the lint passes
+over the roller to the other side of the machine. A hand
+Macarthy roller gin worked by two men will clean about 4 to 6 &#8468;
+of lint per hour. A similar, but larger machine, requiring about
+1½ horse-power to run it, will turn out 50 to 60 &#8468; of Egyptian or
+60 to 80 &#8468; of Sea Island cleaned cotton per hour. By simple
+modifications the Macarthy gin can be used for all kinds of
+cotton. Various attempts have been made to substitute a comb
+for the knife or beater, and one of the latest productions is the
+&ldquo;Universal fibre gin,&rdquo; in which a series of blunt combs working
+horizontally replace the solid beater and so-called knife of the
+Macarthy gin.</p>
+
+<p>Opposed to the various types of roller gins is the &ldquo;saw gin,&rdquo;
+invented by Eli Whitney, an American, in 1792. This machine,
+under various modifications, is employed for ginning the greater
+portion of the cotton grown in the Southern States of America.
+It consists essentially of a series of circular notched disks, the
+so-called saws, revolving between the interstices of an iron bed
+<span class="pagenum"><a name="page260" id="page260"></a>260</span>
+upon which the cotton is placed: the teeth of the &ldquo;saws&rdquo;.
+catch the lint and pull it off from the seeds, then a revolving
+brush removes the detached lint from the saws, and creates
+sufficient draught to carry the lint out of the machine to some
+distance. Saw gins do considerable damage to the fibre, but for
+short-stapled cotton they are largely used, owing to their great
+capacity. The average yield of lint per &ldquo;saw&rdquo; in the United
+States, when working under perfect conditions, is about 6 &#8468; per
+hour. Some of the American ginners are very large indeed, a
+number (<i>Bulletin of the Bureau of the Census on Cotton Production</i>)
+being reported as containing on the average 1156 saws
+with an average production of 4120 bales of cotton. Saw gins
+are not adapted to long-stapled cottons, such as Sea Island
+and Egyptian, which are generally ginned by machines of the
+Macarthy type.</p>
+
+<p>The machine which will gin the largest quantity in the shortest
+time is naturally preferred, unless such injury is occasioned as
+materially to diminish the market value of the cotton. This has
+sometimes been to the extent of 1d. or 2d. per &#8468; and even more as
+regards Sea Island and other long-stapled cottons. The production,
+therefore, of the most perfect and efficient cotton-cleaning
+machinery is of importance alike to the planter and manufacturer.</p>
+
+<p><i>Baling.</i>&mdash;The cotton leaves the ginning machine in a very loose
+condition, and has to be compressed into bales for convenience
+of transport. Large baling presses are worked by hydraulic
+power; the operation needs no special description. Bales from
+different countries vary greatly in size, weight and appearance.
+The American bale has been described in a standard American
+book on cotton as &ldquo;the clumsiest, dirtiest, most expensive and
+most wasteful package, in which cotton or any other commodity
+of like value is anywhere put up.&rdquo; Suggestions for its improvement,
+which if carried out would (it is estimated) result in a
+monetary saving of £1,000,000 annually, were made by the
+Lancashire Private Cotton Investigation Commission which
+visited the Southern States of America in 1906.</p>
+
+<p>The approximate weights of some of the principal bales on the
+English market are as follows:&mdash;</p>
+
+<table class="nobctr" style="width: 40%;" summary="Contents">
+<tr><td class="tcl">United States</td> <td class="tcl">500 &#8468;</td></tr>
+<tr><td class="tcl">Indian</td> <td class="tcl">400 &#8468;</td></tr>
+<tr><td class="tcl">Egyptian</td> <td class="tcl">700 &#8468;</td></tr>
+<tr><td class="tcl">Peruvian</td> <td class="tcl">200 &#8468;</td></tr>
+<tr><td class="tcl">Brazilian</td> <td class="tcl">200 to 300 &#8468;</td></tr>
+</table>
+
+<p class="noind">With baling the work of the producer is concluded.</p>
+
+<p><i>Cultivation in Egypt.</i>&mdash;Climatic conditions in Egypt differ
+radically from those in the United States, the rainfall being so
+small as to be quite insufficient for the needs of the plant, very
+little rain indeed falling in the Nile Delta during the whole growing
+season of the crop: yet Egypt is in order the third cotton-producing
+country of the world, elaborate irrigation works
+supplying the crop with the requisite water. The area devoted
+to cotton in Egypt is about 1,800,000 acres, and nine-tenths of it
+is in the Nile Delta. The delta soil is typically a heavy, black,
+alluvial clay, very fertile, but difficult to work; admixture of
+sand is beneficial, and the localities where this occurs yield the
+best cotton. Formerly in Egypt the cotton was treated as a
+perennial, but this practice has been generally abandoned, and
+fresh plants are raised from seed each year, as in America; one
+great advantage is that more than one crop can thus be obtained
+each year. The following rotation is frequently adopted. It
+should be noted that in Egypt the year is divided into three
+seasons&mdash;winter, summer and &ldquo;Nili.&rdquo; The two first explain
+themselves; Nili is the season in which the Nile overflows its
+banks.</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tb lb">&nbsp;</td> <td class="tcc allb">Winter.</td> <td class="tcc allb">Summer.</td> <td class="tcc allb">Nili.</td></tr>
+<tr><td class="tcl lb rb">First year</td> <td class="tcl rb">Clover</td> <td class="tcc rb">Cotton</td> <td class="tcc rb">..</td></tr>
+<tr><td class="tcl lb rb bb">Second year</td> <td class="tcl rb bb">Beans or wheat</td> <td class="tcc rb bb">..</td> <td class="tcc rb bb">Corn or fallow</td></tr>
+</table>
+
+<p class="noind">For cotton cultivation the land is ploughed, carefully levelled,
+and then thrown up into ridges about 3 ft. apart. Channels
+formed at right angles to the cultivation ridges provide for the
+access of water to the crop. The seeds, previously soaked, are
+sown, usually in March, on the sides of the ridges, and the land
+watered. After the seedlings appear, thinning is completed in
+usually three successive hoeings, the plants being watered after
+thinning, and subsequently at intervals of from twelve to fifteen
+days, until about the end of August when picking commences.
+The total amount of water given is approximately equivalent to a
+rainfall of about 35 in. The crop is picked, ginned and baled in
+the usual way, the Macarthy style action roller gins being almost
+exclusively employed.</p>
+
+<p><i>Cotton Seed.</i>&mdash;The history of no agricultural product contains
+more of interest and instruction for the student of economics than
+does that of cotton seed in the United States. The revolution in
+its treatment is a real romance of industry. Up till 1870 or
+thereabouts, cotton seed was regarded as a positive nuisance upon
+the American plantation. It was left to accumulate in vast heaps
+about ginhouses, to the annoyance of the farmer and the injury
+of his premises. Cotton seed in those days was the object of so
+much aversion that the planter burned it or threw it into running
+streams, as was most convenient. If the seed were allowed to lie
+about, it rotted, and hogs and other animals, eating it, often died.
+It was very difficult to burn, and when dumped into rivers and
+creeks was carried out by flood water to fill the edges of the flats
+with a decaying and offensive mass of vegetable matter. Although
+used in the early days to a limited extent as a food for milch cows
+and other stock, and to a larger extent as a manure, no systematic
+efforts were made anywhere in the South to manufacture the
+seed until the later &rsquo;fifties, when the first cotton seed mills were
+established. It is said that there were only seven cotton oil
+mills in the South in 1860. The cotton-growing industry was
+interrupted by the Civil War, and the seed-milling business did
+not begin again until 1868. After that time the number of mills
+rapidly increased. There were 25 in the South in 1870, 50 in
+1880, 120 in 1890, and about 500 in 1901, about one-third being
+in Texas.</p>
+
+<p>Experience shows that 1000 &#8468; of seed are produced for
+every 500 &#8468; of cotton brought to market. On the basis,
+therefore, of a cotton crop of 10,000,000 bales of 500 &#8468;
+each, there are produced 5,000,000 tons of cotton seed. If
+about 3,000,000 tons only are pressed, there remain to be
+utilized on the farm 2,000,000 tons of cotton seed, which, if
+manufactured, would produce a total of $100,000,000 from cotton
+seed. In contrast with the farmers of the &rsquo;sixties, the southern
+planter of the 20th century appreciates the value of his cotton
+seed, and farmers, too remote from the mills to get it pressed,
+now feed to their stock all the cotton seed they conveniently can,
+and use the residue either in compost or directly as manure.
+The average of a large number of analyses of Upland cotton seed
+gives the following figures for its fertilizing constituents:&mdash;Nitrogen,
+3.07%; phosphoric acid, 1.02%; potash, 1.17%;
+besides small amounts of lime, magnesia and other valuable but
+less important ingredients. Sea Island cotton seed is rather more
+valuable than Upland: the corresponding figures for the three
+principal constituents being nitrogen 3.51, phosphoric acid 1.69,
+potash 1.59%. Using average prices paid for nitrogen, phosphoric
+acid and potash when bought in large quantities and in good
+forms, these ingredients, in a ton of cotton seed, amount to
+$9.00 worth of fertilizing material. Compared with the commercial
+fertilizer which the farmer has to buy, cotton seed
+possesses, therefore, a distinct value.</p>
+
+<p>The products of cotton seed have become important elements
+in the national industry of the United States. The main product
+is the refined oil, which is used for a great number of purposes,
+such as a substitute for olive oil, mixed with beef products for
+preparation of compound lard, which is estimated to consume
+one-third of cotton seed oil produced in the States. The poorer
+grades are employed in the manufacture of soap, candles and
+phonograph records. Miners&rsquo; lamp oil consists of the bleached
+oil mixed with kerosene. Cotton seed cake or meal (the residue
+after the oil is extracted) is one of the most valuable of feeding
+stuffs, as the following simple comparison between it and oats and
+corn will show:&mdash;</p>
+
+<p><span class="pagenum"><a name="page261" id="page261"></a>261</span></p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">Average Analyses.</td>
+ <td class="tccm allb">Proteins<br />or Flesh<br />Formers.</td>
+ <td class="tccm allb">Carbohydrates<br />or Fuel and<br />Fat Suppliers.</td>
+ <td class="tccm allb">Fats.</td>
+ <td class="tccm allb">Ash or Bone<br />Makers.</td></tr>
+<tr><td class="tcl lb rb">Cotton seed meal</td> <td class="tccm rb">43.26</td> <td class="tccm rb">22.31</td> <td class="tccm rb">13.45</td> <td class="tccm rb">7.02</td></tr>
+<tr><td class="tcl lb rb">Corn</td> <td class="tccm rb">10.5&ensp;</td> <td class="tccm rb">70.0&ensp;</td> <td class="tccm rb">&ensp;5.5&ensp;</td> <td class="tccm rb">1.02</td></tr>
+<tr><td class="tcl lb rb bb">Oats</td> <td class="tccm rb bb">17.0&ensp;</td> <td class="tccm rb bb">65.0&ensp;</td> <td class="tccm rb bb">&ensp;8.0&ensp;</td> <td class="tccm rb bb">1.2&ensp;</td></tr>
+</table>
+
+<p>Cotton seed meal, though poor in carbohydrates, the fat- and
+energy-supplying ingredients, is exceedingly rich in protein, the
+nerve- and muscle-feeding ingredients. But it still contains a
+large amount of oil, which forms animal fat and heat, and thus
+makes up for part of its deficiency in carbohydrates. The meal,
+in fact, is so rich in protein that it is best utilized as a food for
+animals when mixed with some coarse fodder, thus furnishing a
+more evenly-balanced ration. In comparative valuations of
+feeding stuffs it has been found that cotton seed meal exceeds
+corn meal by 62%, wheat by 67%, and raw cotton seed by 26%.
+Cotton seed meal, in the absence of sufficient stock to consume it,
+is also used extensively as a fertilizer, and for this purpose it is
+worth, determining the price on the same basis as used above for
+the seed, from $19 to $20 per ton. But it has seldom reached
+this price, except in some of the northern states, where it is used
+for feeding purposes. A more rational proceeding would be to
+feed the meal to animals and apply the resulting manure to the
+soil. When this is done, from 80 to 90% of the fertilizing
+material of the meal is recovered in the manure, only 10 to 20%
+being converted by the animal into meat and milk. The profit
+derived from the 20% thus removed is a very large one. These
+facts indicate that we have here an agricultural product the
+market price of which is still far below its value as compared, on
+the basis of its chemical composition, either with other feeding
+stuffs or with other fertilizers. Though it is probably destined to
+be used even more extensively as a fertilizer before the demand
+for it as a feeding stuff becomes equal to the supply, practically
+all the cotton seed meal of the south will ultimately be used for
+feeding. One explanation of this condition of things is that
+there is still a large surplus of cotton seed which cannot be
+manufactured by the mills. Another reason is found in the
+absence of cattle in the south to eat it.</p>
+
+<p>With the consideration of cotton seed oil and meal we have
+not, however, exhausted its possibilities. Cotton seed hulls
+constitute about half the weight of the ginned seed. After the
+seed of Upland cotton has been passed through a fine gin, which
+takes off the short lint or linters left upon it by the farmer, it is
+passed through what is called a sheller, consisting of a revolving
+cylinder, armed with numerous knives, which cut the seed in two
+and force the kernels or meats from the shells. The shells and
+kernels are then separated in a winnowing machine. This
+removal of the shell makes a great difference in the oilcake, as
+the decorticated cake is more nutritious than the undecorticated.
+For a long time these shells or hulls, as they are called,
+were burned at oil mills for fuel, 2½ tons being held equal
+to a cord of wood, and 4<span class="spp">1</span>&frasl;<span class="suu">3</span> tons to a ton of coal. The hulls
+thus burned produced an ash containing an average of 9% of
+phosphoric acid and 24% of potash&mdash;a very valuable fertilizer
+in itself, and one eagerly sought by growers of tobacco and
+vegetables. It was not long, however, before the stock-feeder in
+the South found that cotton seed hulls were an excellent substitute
+for hay. They are used on a very large scale in the vicinity of
+oil mills in southern cities like Memphis, New Orleans, Houston,
+and Little Rock, from 500 to 5000 cattle being often collected in
+a single yard for this purpose. No other feed is required, the
+only provision necessary being an adequate supply of water and
+an occasional allowance of salt. Many thousands of cattle are
+fattened annually in this way at remarkably low cost.</p>
+
+<p>Careful attention is now given to the employment of the seed
+in new cotton countries, and oil expression is practised in the
+West Indies. Hull is the principal seat of the industry in Great
+Britain, and enormous quantities of Indian and Egyptian cotton
+seed are imported and worked up.</p>
+
+<p>The following diagram, modified from one by Grimshaw, in
+accordance with the results obtained by the better class of
+modern mills, gives an interesting <i>résumé</i> of the products obtained
+from a ton of cotton seed:&mdash;</p>
+
+<p class="center pt2"><i>Products from a Ton of Cotton Seed.</i></p>
+
+<div class="figcenter1">
+<img style="border:0; width:494px; height:402px"
+ src="images/img261.jpg"
+ alt="" />
+</div>
+
+<p class="center1"><i>Pests and Diseases of the Cotton Plant.</i></p>
+
+<p><i>Insect Pests.</i>&mdash;It is common knowledge that when any plant is
+cultivated on a large scale various diseases and pests frequently
+appear. In some cases the pest was already present but of minor
+importance. As the supply of its favourite food plant is increased,
+conditions of life for the pest are improved, and it accordingly
+multiplies also, possibly becoming a serious hindrance to successful
+cultivation. At other times the pest is introduced, and under
+congenial conditions (and possibly in the absence of some other
+organism which keeps it in check in its native country) increases
+accordingly. Some idea of the enormous damage wrought by the
+collective attacks of individually small and weak animals may be
+gathered from the fact that a conservative estimate places the
+loss due to insect attacks on cotton in the United States at the
+astounding figure of $60,000,000 (£12,000,000) annually. Of this
+total no less than $40,000,000 (£8,000,000) is credited to a small
+beetle, the cotton boll weevil, and to two caterpillars. The best
+means of combating these attacks depends on a knowledge of the
+life-histories and habits of the pests. The following notes deal
+only with the practical side of the question, and as the United
+States produce some seven-tenths of the world&rsquo;s cotton crop
+attention is especially directed to the principal cotton pests of
+that country. Those of other regions are only referred to when
+sufficiently important to demand separate notice.</p>
+
+<p>The cotton boll weevil (<i>Anthonomus grandis</i>), a small grey
+weevil often called the Mexican boll weevil, is the most serious
+pest of cotton in the United States, where the damage done by it
+in 1907 was estimated at about £5,000,000. It steadily increased
+in destructiveness during the preceding eight years. Attention was
+drawn to it in 1862, when it caused the abandonment of cotton
+cultivation about Monclova in Mexico. About 1893 it appeared
+in Texas, and then rapidly spread. It is easily transported from
+place to place in seed-cotton, and for this reason the Egyptian
+government in 1904 prohibited the importation of American
+cotton seed. Not only is the pest carried from place to place,
+but it also migrates, and in 1907 it crossed from Louisiana,
+where it first appeared in 1905, to Mississippi. That the insect
+is likely to prove adaptable is perhaps indicated by the fact that
+in 1906 it made a northward advance of about 60 m. in a season
+with no obvious special features favouring the pest. Its eastern
+progress was also rapid. &ldquo;The additional territory infested
+during 1904 aggregates about 15,000,000 sq. m., representing
+approximately an area devoted to the culture of cotton of
+900,000 acres&rdquo; (<i>Year-book, U.S. Dept. Agriculture</i>, 1904). In
+1906 the additional area invaded amounted to 1,500,000 acres
+(<i>Ibid.</i>, 1906).</p>
+
+<p><span class="pagenum"><a name="page262" id="page262"></a>262</span></p>
+
+<p>The adult weevils puncture the young flower-buds and deposit
+eggs; and as the grubs from the eggs develop, the bud drops.
+They also lay eggs later in the year in the young bolls. These do
+not drop, but as the grubs develop the cotton is ruined and the
+bolls usually become discoloured and crack, their contents
+being rendered useless.</p>
+
+<p>No certain remedy is known for the destruction on a commercial
+scale of the boll weevil, but every effort has been made in
+the United States to check the advance of the insect, to ascertain
+and encourage its natural enemies, and to propagate races of
+cotton which resist its attacks. Special interest attaches to the
+investigations made by Mr O. F. Cook, of the U.S. Dept. of
+Agriculture, in Guatemala. The Indians in part of Guatemala
+raise cotton, although the boll weevil is abundant. Examination
+showed that although the weevil attacked the young buds these
+did not drop off, but that a special growth of tissue inside the bud
+frequently killed the grub. Also, inside the young bolls which
+had been pierced a similar <span class="correction" title="amended from poliferation">proliferation</span> or growth of the tissue
+was set up, which enveloped and killed the pest. Probably by
+unconscious selection of surviving plants through long ages this
+type has been evolved in Guatemala, and experiments have been
+made to develop weevil-resistant races in the United States.
+Mr Cook also found that the boll weevil was attacked, killed and
+eaten by an ant-like creature, the &ldquo;kelep.&rdquo; Attempts have been
+made to introduce this into the infested area in Texas; but owing
+to the winter proving fatal to the &ldquo;kelep&rdquo; its usefulness may be
+restricted to tropical and subtropical regions.</p>
+
+<p>The cotton boll worm (<i>Chloridea obsoleta</i>, also known as <i>Heliothis
+armiger</i>) is a caterpillar. The parent moth lays eggs, from which
+the young &ldquo;worms&rdquo; hatch out. They bore holes and penetrate into
+flower-buds and young bolls, causing them to drop. Fortunately
+the &ldquo;worms&rdquo; prefer maize to cotton, and the inter-planting at
+proper times of maize, to be cut down and destroyed when well
+infested, is a method commonly employed to keep down this pest.
+Paris green kills it in its young stages before it has entered the buds
+or bolls. The boll worm is most destructive in the south-western
+states, where the damage done is said to vary from 2 to 60%
+of the crop. Taking a low average of 4%, the annual loss due to
+the pest is estimated at about £2,500,000, and it occupies second
+place amongst the serious cotton pests of the U.S.A. The boll
+worm is widely spread through the tropical and temperate
+zones. It may occur in a country without being a pest to cotton,
+<i>e.g.</i> in India it attacks various plants but not cotton. It has not
+yet been reported as a cotton pest in the West Indies.</p>
+
+<p>The Egyptian boll worm (<i>Earias insulana</i>) is the most
+important insect pest in Egypt and occurs also in other parts of
+Africa. Indian boll worms include the same species, and the
+closely related <i>Earias fabia</i>, which also occurs in Egypt.</p>
+
+<p>The cotton worm (<i>Aletia argillacea</i>)&mdash;also called cotton
+caterpillar, cotton army worm, cotton-leaf worm&mdash;is also one
+stage in the life-history of a moth. It is a voracious creature, and
+unchecked will often totally destroy a crop. In former years the
+annual damage done by it in the United States was assessed at
+£4,000,000 to £6,000,000. Dusting with Paris green is, however,
+an efficient remedy <i>if promptly applied at the outset of the attack</i>.
+The annual damage was in 1906 reduced to £1,000,000 to
+£2,000,000, and this on a larger area devoted to cotton than in
+the case of the estimate given above. It is the most serious pest
+of cotton in the West Indies. The Egyptian cotton worm is
+<i>Prodenia littoralis</i>.</p>
+
+<p>The caterpillars (&ldquo;cut worms&rdquo;) of various species of <i>Agrotis</i>
+and other moths occur in all parts of the world and attack young
+cotton. They can be killed by spreading about cabbage leaves,
+&amp;c., poisoned with Paris green.</p>
+
+<p>Locusts, green-fly, leaf-bugs, blister mites, and various other
+pests also damage cotton, in a similar way to that in which they
+injure other crops.</p>
+
+<p>The &ldquo;cotton stainers,&rdquo; various species of <i>Dysdercus</i>, are widely
+distributed, occurring for example in America, the West Indies,
+Africa, India, &amp;c. The larvae suck the sap from the young bolls
+and seeds, causing shrivelling and reduction in quantity of fibre.
+They are called &ldquo;stainers&rdquo; because their excrement is yellow
+and stains the fibre; also if crushed during the process of
+ginning they give the cotton a reddish coloration. The Egyptian
+cotton seed bug or cotton stainer belongs to another genus, being
+<i>Oxycarenus hyalinipennis</i>. Other species of this genus occur on
+the west coast of Africa. They do considerable damage to cotton
+seed.</p>
+
+<p><i>Fungoid Diseases.</i>&mdash;&ldquo;Wilt disease,&rdquo; or &ldquo;frenching,&rdquo; perhaps
+the most important of the fungoid disease of cotton in the United
+States, is due to <i>Neocosmospora vasinfecta</i>. Young plants a few
+inches high are usually attacked; the leaves, beginning with the
+lower ones, turn yellow, and afterwards become brown and drop.
+The plants remain very dwarf and generally unhealthy, or die.
+The roots also are affected, and instead of growing considerably in
+length, branch repeatedly and give rise to little tufts of rootlets.
+There is no method known of curing this disease, and all that can
+be done is to take every precaution to eradicate it, by pulling up
+and burning diseased plants, isolating the infected area by means
+of trenches, and avoiding growing cotton, or an allied plant such
+as the ochro (<i>Hibiscus esculentus</i>), in the field. Fortunately the
+careful work of the U.S. Department of Agriculture and of planters
+such as Mr E. L. Rivers of James Island, South Carolina, has
+resulted in the production of disease-resistant races. In one
+instance Mr Rivers found one healthy plant in a badly affected
+field. The seed was saved and gave rise to a row of plants all of
+which grew healthily in an infected field, whereas 95% of
+ordinary Sea Island cotton plants from seed from a non-infected
+field planted alongside as a control were killed. The resistance
+was well maintained in succeeding generations, and races so
+raised form a practical means of combating this serious disease.</p>
+
+<p>In &ldquo;Root rot,&rdquo; as the name implies, the roots are attacked, the
+fungus being a species of <i>Ozonium</i>, which envelops the roots in a
+white covering of mould or mycelium. The roots are prevented
+from fulfilling their function of taking up water and salts from the
+soil; the leaves accordingly droop, and the whole plant wilts and
+in bad attacks dies. It has yearly proved a more serious danger
+in Texas and other parts of the south-west of the United States,
+and the damage due to it in Texas during 1905 was estimated at
+about £750,000. No remedy is known for the disease, and
+cotton should not be planted on infected land for at least three or
+four years.</p>
+
+<p>&ldquo;Boll rot,&rdquo; or &ldquo;Anthracnose,&rdquo; is a disease which may at times
+be sufficiently serious to destroy from 10 to 50% of the crop.
+The fungus which causes it (<i>Colletotrichum gossypii</i>) is closely
+related to one of the fungi attacking sugar-cane in various parts
+of the world. Small red-brown spots appear on the bolls,
+gradually enlarge, and develop into irregular black and grey
+patches. The damage may be only slight, or the entire boll may
+ripen prematurely and become dry and dead.</p>
+
+<p>Many other diseases occur, but the above are sufficient to
+indicate some of the principal ones in the most important cotton
+countries of the world.</p>
+
+<p class="center pt2"><i>Improvement of Cotton by Seed Selection.</i></p>
+
+<p>In the cotton belt of the United States it would be possible to
+put a still greater acreage under this crop, but the tendency is
+rather towards what is known as &ldquo;diversified&rdquo; or mixed farming
+than to making cotton the sole important crop. Cotton, however,
+is in increasing demand, and the problem for the American
+cotton planter is to obtain a better yield of cotton from the same
+area,&mdash;by &ldquo;better yield&rdquo; meaning an increase not only in
+quantity but also in quality of lint. This ideal is before the
+cotton grower in all parts of the world, but practical steps are not
+always taken to realize it. Some of the United States planters are
+alert to take advantage of the application of science to industry,
+and in many cases even to render active assistance, and very
+successful results have been attained by the co-operation of the
+United States Department of Agriculture and planters. With
+the improvement of cotton the name of Mr Herbert J. Webber
+is prominently associated, and a full discussion of methods and
+results will be found in his various papers in the <i>Year-books</i> of
+the U.S. Department of Agriculture. The principle on which
+the work is based is that plants have their individualities
+<span class="pagenum"><a name="page263" id="page263"></a>263</span>
+and tend to transmit them to their progeny. Accordingly a
+selection of particular plants to breed from, because they possess
+certain desirable characteristics, is as rational as the selection of
+particular animals for breeding purposes in order to maintain the
+character of a herd of cattle or of a flock of sheep.</p>
+
+<p>Inspection of a field of cotton shows that different plants vary
+as regards productiveness, length, and character of the lint,
+period of ripening, power of resistance to various pests and of
+withstanding drought. A simple method of increasing the yield
+is that practised with success by some growers in the States.
+Pickers are trained to recognize the best plants, &ldquo;that is, those
+most productive, earliest in ripening, and having the largest,
+best formed and most numerous bolls.&rdquo; These pickers go
+carefully over the field, usually just before the second picking,
+and gather ripe cotton from the best plants only; this selected
+seed cotton is ginned separately, and the seed used for sowing the
+next year&rsquo;s crop.</p>
+
+<p>A more elaborate method of selection is practised by some of the
+Sea Island cotton planters in the Sea Islands, famous for the quality
+of their cotton. A field is gone over carefully, and perhaps some
+50 of the best plants selected; a second examination in the field
+reduces these perhaps to one half, and each plant is numbered.
+The cotton from each is collected and kept separately, and at the
+end of the season carefully examined and weighed, and a final
+selection is then made which reduces the number to perhaps five;
+the cotton from each of these plants is ginned separately and the
+seed preserved for sowing. The simplest possible case in which
+only one plant is finally selected is illustrated in the diagram.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:493px; height:331px" src="images/img263.jpg" alt="" /></td></tr>
+<tr><td class="tcl f80">After Webber, <i>Year-book, U.S. Dept. of Agriculture</i>, 1902.</td></tr>
+<tr><td class="caption">Improvement of Cotton by Seed Selection.</td></tr></table>
+
+<p class="noind">From the seeds of the selected plant of the 1st year about 500
+plants can be raised in the next year. One plant is selected
+again from these 500, and the general crop of seed is used to sow
+about five acres for the 3rd year, from which seed is obtained for
+the general crop in the 4th year. One special plant is selected
+each year from the 500 raised from the previous season&rsquo;s test
+plant, and in four years&rsquo; time the progeny of this plant constitutes
+the &ldquo;general crop.&rdquo; The practice may be modified
+according to the size of estate by selecting more than one
+plant each year, but the principle remains unaltered. This
+method is in actual use by growers of Sea Island cotton in
+America and in the islands off the coast of S. Carolina; the
+greatest care is taken to enhance the quality of the lint, which
+has been gradually improved in length, fineness and silkiness.
+Mr Webber, in summing up, says, &ldquo;When Sea Island cotton was
+first introduced into the United States from the West Indies, it
+was a perennial plant, unsuited to the duration of the season of
+the latitude of the Sea Islands of S. Carolina; but, through the
+selection of seed from early maturing individual plants, the
+cotton has been rendered much earlier, until now it is thoroughly
+adapted to the existing conditions. The fibre has increased in
+length from about 1¾ to 2½ in., and the plants have at the same
+time been increased in productiveness. The custom of carefully
+selecting the seed has grown with the industry and may be said
+to be inseparable from it. It is only by such careful and continuous
+selection that the staple of these high-bred strains can be
+kept up to its present superiority, and if for any reason the
+selection is interrupted there is a general and rapid decline in
+quality.&rdquo;</p>
+
+<p>When selection is being made for several characters at the
+same time, and also in hybridization experiments, where it is
+important to have full records of the characters of individual
+plants and their progeny, &ldquo;score cards,&rdquo; such as are used in
+judging stock, with a scale of points, are used.</p>
+
+<p>The improvements desired in cotton vary to some degree in
+different countries, according to the present character of the
+plants, climatic conditions, the chief pests, special market
+requirements, and other circumstances. Amongst the more
+important desiderata are:&mdash;</p>
+
+<p>1. Increased Yield.</p>
+
+<p>2. Increase in Length of Lint.&mdash;Webber records the case of
+Stamm Egyptian cotton imported into Columbia, in which by
+simple selection, as outlined above, during two years plants were
+obtained uniformly earlier, more productive, and yielding longer
+and better lint.</p>
+
+<p>3. Uniformity in Length of the Lint.&mdash;This is important especially
+in the long-stapled cottons, unevenness leading to waste in
+manufacture, and consequently to a lower price for the cotton.</p>
+
+<p>4. Strength of Fibre.&mdash;Long-stapled cottons have been produced
+in the States by crossing Upland and Sea Island cotton.
+These hybrids produce a lint which is long and silky, but often
+deficient in strength: selection for strength amongst the hybrids,
+with due regard to length, may overcome this.</p>
+
+<p>5. Season of Maturing.&mdash;Seed should be selected from early
+and late opening bolls, according to requirements. Earliness is
+especially important in countries where the season is short.</p>
+
+<p>6. Adaptation to Soil and Climate.&mdash;High-class cottons often
+do not flourish if introduced into a new country. They are
+adapted to special conditions which are lacking in their new
+surroundings, but a few will probably do fairly well the first year,
+and the seeds from these probably rather better the next, and so
+on, so that in a few years&rsquo; time a strain may be available which is
+equal or even superior to the original one introduced.</p>
+
+<p>7. Resistance to Disease.&mdash;The method employed is to select,
+for seed purposes, plants which are resistant to the particular
+disease. Thus sometimes a field of cotton is attacked by some
+disease, perhaps &ldquo;wilt,&rdquo; and a comparatively few plants are but
+very slightly affected. These are propagated, and there are
+instances as described above of very successful and commercially
+important results having been attained. Special interest attaches
+to experiments made in the United States to endeavour to raise
+races of cotton resistant to the boll weevil.</p>
+
+<p>8. Resistance to Weather.&mdash;Strong winds and heavy rains do
+much damage to cotton by blowing or beating the lint out of the
+bolls. In some instances a slight difference in the shape, mode of
+opening, &amp;c., of the boll prevents this, and accordingly seed is
+selected from bolls which suffer least under the particular
+adverse conditions.</p>
+
+<p>Attention has been paid in the West Indies to seed selection, by
+the officers of the imperial Department of Agriculture, with the
+object of retaining for West Indian Sea Island cotton its place as
+the most valuable cotton on the British market.</p>
+
+<p>In India, where conditions are much more diversified and it
+is more difficult to induce the native cultivator to adopt new
+methods, attention has also been directed during recent years
+to the improvement of the existing races. Efforts have been
+made in the same direction in Egypt, West Africa, &amp;c.</p>
+
+<p class="center pt2"><i>The World&rsquo;s Commercial Cotton Crop.</i></p>
+
+<p>It is impossible to give an exact return of the total amount of
+cotton produced in the world, owing to the fact that in China,
+India and other eastern countries, in Mexico, Brazil, parts of the
+Russian empire, tropical Africa, &amp;c., considerable&mdash;in some eases
+very large&mdash;quantities of cotton are made up locally into wearing
+apparel, &amp;c., and escape all statistical record. It is estimated
+that the amount thus used in India exclusive of the consumption
+of mills is equivalent to about 400,000 bales. Neglecting, however,
+<span class="pagenum"><a name="page264" id="page264"></a>264</span>
+these quantities, which do not affect the world&rsquo;s market, the
+annual supplies of cotton are approximately as follows:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Country.</td>
+ <td class="tccm allb">Approximate<br />Production.<br />Bales of 500 &#8468;.</td>
+ <td class="tccm allb">Percentage.</td></tr>
+<tr><td class="tcl lb rb">United States of America</td> <td class="tcr rb">11,000,000</td> <td class="tcr rb">68.75</td></tr>
+<tr><td class="tcl lb rb">India</td> <td class="tcr rb">3,000,000</td> <td class="tcr rb">18.75</td></tr>
+<tr><td class="tcl lb rb">Egypt</td> <td class="tcr rb">1,000,000</td> <td class="tcr rb">6.25</td></tr>
+<tr><td class="tcl lb rb">All other countries</td> <td class="tcr rb">1,000,000</td> <td class="tcr rb">6.25</td></tr>
+
+<tr><td class="tcc lb rb bb">&emsp;Total</td> <td class="tcr allb">16,000,000</td> <td class="tcr allb">100.00</td></tr>
+</table>
+
+<p class="noind">In 1905 the world&rsquo;s crop closely approximated to 16,000,000
+bales, whilst in 1904 it was nearly 19,000,000 bales and in 1906
+nearly 20,000,000 bales. The United States produced very nearly
+seven-tenths of the total &ldquo;visible&rdquo; cotton crops of the world.
+This, however, is quite a modern development, comparatively
+speaking. &ldquo;During the period from 1786 to 1790 the West
+Indies furnished about 70% of the British supply, the Mediterranean
+countries 20%, and Brazil 8%; whilst the quantity
+contributed by the United States and India was less than 1% and
+Egypt contributed none. In 1906 the United States contributed
+65% of the commercial cotton, British India 19%, Egypt 7%,
+and Russia 3%. Of the countries which were prominent in the
+production of cotton in 1790, Brazil and Asiatic Turkey alone
+remain&rdquo; (<i>U.S.A. Bureau of the Census, Bulletin No. 76</i>). The
+actual figures for the chief countries for 1904-1906, taken from
+the same source, are as follows:&mdash;</p>
+
+<p class="center1"><i>The World&rsquo;s Commercial Cotton Crop.</i> (In 500 &#8468; Bales.)</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Country.</td> <td class="tccm allb">1904.</td> <td class="tccm allb">1905.</td> <td class="tccm allb">1906.</td></tr>
+
+<tr><td class="tcl lb rb">United States</td> <td class="tcr rb">13,085,000</td> <td class="tcr rb">10,340,000</td> <td class="tcr rb">13,016,000</td></tr>
+<tr><td class="tcl lb rb">British India</td> <td class="tcr rb">2,843,000</td> <td class="tcr rb">2,519,000</td> <td class="tcr rb">3,708,000</td></tr>
+<tr><td class="tcl lb rb">Egypt</td> <td class="tcr rb">1,258,000</td> <td class="tcr rb">1,181,000</td> <td class="tcr rb">1,400,000</td></tr>
+<tr><td class="tcl lb rb">Russia</td> <td class="tcr rb">554,000</td> <td class="tcr rb">585,000</td> <td class="tcr rb">675,000</td></tr>
+<tr><td class="tcl lb rb">China</td> <td class="tcr rb">468,000</td> <td class="tcr rb">415,000</td> <td class="tcr rb">418,000</td></tr>
+<tr><td class="tcl lb rb">Brazil</td> <td class="tcr rb">210,000</td> <td class="tcr rb">258,000</td> <td class="tcr rb">275,000</td></tr>
+<tr><td class="tcl lb rb">Mexico</td> <td class="tcr rb">114,000</td> <td class="tcr rb">125,000</td> <td class="tcr rb">130,000</td></tr>
+<tr><td class="tcl lb rb">Peru</td> <td class="tcr rb">40,000</td> <td class="tcr rb">55,000</td> <td class="tcr rb">55,000</td></tr>
+<tr><td class="tcl lb rb">Turkey</td> <td class="tcr rb">100,000</td> <td class="tcr rb">107,000</td> <td class="tcr rb">107,000</td></tr>
+<tr><td class="tcl lb rb">Persia</td> <td class="tcr rb">45,000</td> <td class="tcr rb">47,000</td> <td class="tcr rb">47,000</td></tr>
+<tr><td class="tcl lb rb">Japan</td> <td class="tcr rb">16,000</td> <td class="tcr rb">15,000</td> <td class="tcr rb">11,000</td></tr>
+<tr><td class="tcl lb rb">Other countries</td> <td class="tcr rb">70,000</td> <td class="tcr rb">100,000</td> <td class="tcr rb">100,000</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">18,803,000</td> <td class="tcr allb">15,747,000</td> <td class="tcr allb">19,942,000</td></tr>
+</table>
+
+<p>This title serves to indicate the principal countries contributing
+to the world&rsquo;s supply of cotton. The following notes afford a
+summary of the position of the industry in the more important
+countries.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">States and Territories.</td>
+ <td class="tccm allb" colspan="2">Upland Cotton.</td>
+ <td class="tccm allb" colspan="2">Sea Island Cotton.</td>
+ <td class="tccm allb" rowspan="2">Total Value.</td></tr>
+<tr><td class="tccm allb">Quantity.</td> <td class="tccm allb">Value.</td>
+ <td class="tccm allb">Quantity.</td> <td class="tccm allb">Value.</td></tr>
+
+<tr><td class="lb rb">&nbsp;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">$</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">$</td> <td class="tcc rb">$</td></tr>
+<tr><td class="tcl lb rb">Alabama</td> <td class="tcr rb">603,651,989</td> <td class="tcr rb">60,425,564</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">60,425,564</td></tr>
+<tr><td class="tcl lb rb">Arkansas</td> <td class="tcr rb">450,991,361</td> <td class="tcr rb">45,144,235</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">45,144,235</td></tr>
+<tr><td class="tcl lb rb">Florida</td> <td class="tcr rb">17,876,133</td> <td class="tcr rb">1,789,401</td> <td class="tcr rb">9,031,896</td> <td class="tcr rb">2,587,638</td> <td class="tcr rb">4,377,039</td></tr>
+<tr><td class="tcl lb rb">Georgia</td> <td class="tcr rb">750,762,910</td> <td class="tcr rb">75,151,367</td> <td class="tcr rb">9,950,634</td> <td class="tcr rb">2,850,857</td> <td class="tcr rb">78,002,224</td></tr>
+<tr><td class="tcl lb rb">Indian Territory</td> <td class="tcr rb">196,648,765</td> <td class="tcr rb">19,684,542</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">19,684,542</td></tr>
+<tr><td class="tcl lb rb">Kansas</td> <td class="tcr rb">9,844</td> <td class="tcr rb">985</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">985</td></tr>
+<tr><td class="tcl lb rb">Kentucky</td> <td class="tcr rb">1,008,290</td> <td class="tcr rb">100,930</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">100,930</td></tr>
+<tr><td class="tcl lb rb">Louisiana</td> <td class="tcr rb">473,222,310</td> <td class="tcr rb">47,369,553</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">47,369,553</td></tr>
+<tr><td class="tcl lb rb">Mississippi</td> <td class="tcr rb">732,755,978</td> <td class="tcr rb">73,348,874</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">73,348,874</td></tr>
+<tr><td class="tcl lb rb">Missouri</td> <td class="tcr rb">26,040,093</td> <td class="tcr rb">2,606,613</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">2,606,613</td></tr>
+<tr><td class="tcl lb rb">New Mexico</td> <td class="tcr rb">74,340</td> <td class="tcr rb">7,442</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">7,442</td></tr>
+<tr><td class="tcl lb rb">North Carolina</td> <td class="tcr rb">276,215,506</td> <td class="tcr rb">27,649,172</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">27,649,172</td></tr>
+<tr><td class="tcl lb rb">Oklahoma</td> <td class="tcr rb">233,396,905</td> <td class="tcr rb">23,363,030</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">23,363,030</td></tr>
+<tr><td class="tcl lb rb">South Carolina</td> <td class="tcr rb">415,386,362</td> <td class="tcr rb">41,580,175</td> <td class="tcr rb">2,723,859</td> <td class="tcr rb">999,656</td> <td class="tcr rb">42,579,831</td></tr>
+<tr><td class="tcl lb rb">Tennessee</td> <td class="tcr rb">146,569,434</td> <td class="tcr rb">14,671,600</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">14,671,600</td></tr>
+<tr><td class="tcl lb rb">Texas</td> <td class="tcr rb">2,001,181,289</td> <td class="tcr rb">200,318,247</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td> <td class="tcr rb">200,318,247</td></tr>
+<tr><td class="tcl lb rb bb">Virginia</td> <td class="tcr rb bb">6,609,963</td> <td class="tcr rb bb">661,657</td> <td class="tcc rb bb">..</td> <td class="tcc rb bb">..</td> <td class="tcr rb bb">661,657</td></tr>
+
+<tr><td class="tcl lb rb">Total&mdash;United States</td> <td class="tcr rb">6,332,401,472</td> <td class="tcc rb">633,873,387</td> <td class="tcr rb">21,706,389</td> <td class="tcr rb">6,438,151</td> <td class="tcr rb">640,311,538</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">( = 12,644,803</td> <td class="tcc rb">..</td> <td class="tcr rb">( = 43,413</td> <td class="tcc rb">..</td> <td class="tcc rb">..</td></tr>
+<tr><td class="tcl lb rb bb">&nbsp;</td> <td class="tcr rb bb">bales)</td> <td class="tcc rb bb">..</td> <td class="tcr rb bb">bales)</td> <td class="tcc rb bb">..</td> <td class="tcc rb bb">..</td></tr>
+</table>
+
+<p><i>United States of America.</i>&mdash;The cultivation of cotton as a staple
+crop in the United States dates from about 1770,<a name="FnAnchor_1b" id="FnAnchor_1b" href="#Footnote_1b"><span class="sp">1</span></a> although
+efforts appear to have been made
+in Virginia as far back as 1621.
+The supplies continued to be small
+up to the end of the century.
+In 1792 the quantity exported
+from the United States was only
+equivalent to 275 bales, but by the year 1800 it had increased to
+nearly 36,000 bales. At the close of the war in 1815 the revival
+of trade led to an increased demand, and the progress of
+cotton cultivation in America became rapid and continuous,
+until at length about 85% of the raw material used by English
+manufacturers was derived from this one source. With a
+capacity for the production of cotton almost boundless, the crop
+which was so insignificant when the century began had in 1860
+reached the enormous extent of 4,824,000 bales. This great
+source of supply, when apparently most abundant and secure,
+was shortly after suddenly cut off, and thousands were for a time
+deprived of employment and the means of subsistence. In this
+period of destitution the cotton-growing resources of every part
+of the globe were tested to the utmost; and in the exhibition of
+1862 the representatives of every country from which supplies
+might be expected met to concert measures for obtaining all that
+was wanted without the aid of America. The colonies and
+dependencies of Great Britain, including India, seemed well able
+to grow all the cotton that could be required, whilst numerous
+other countries were ready to afford their co-operation. A
+powerful stimulus was thus given to the growth of cotton in all
+directions; a degree of activity and enterprise never witnessed
+before was seen in India, Egypt, Turkey, Greece, Italy, Africa,
+the West Indies, Queensland, New South Wales, Peru, Brazil, and
+in short wherever cotton could be produced; and there seemed
+no room to doubt that in a short time there would be abundant
+supplies independently of America. But ten years afterwards,
+in the exhibition of 1872, which was specially devoted to cotton,
+a few only of the <i>thirty-five</i> countries which had sent their samples
+in 1862 again appeared, and these for the most part only to bear
+witness to disappointment and failure. America had re-entered
+the field of competition, and was rapidly gaining ground so as to
+be able to bid defiance to the world. True, the supply from India
+had been more than doubled, the adulteration once so rife had
+been checked, and the improved quality and value of the cotton
+had been fully acknowledged, but still the superiority of the
+produce of the United States was proved beyond all dispute, and
+American cotton was again king. Slave labour disappeared, and
+under new and more promising auspices a fresh career of progress
+began. With rare combination of facilities and advantages, made
+available with remarkable skill and enterprise, the production of
+cotton in America seems likely for a long series of years to
+continue to increase in magnitude and importance. The total
+area of the cotton-producing region in the States is estimated at
+448,000,000 acres, of which in 1906 only about one acre in fifteen
+was devoted to cotton. The potentialities of the region are
+thus enormous.</p>
+
+<p>Cotton is now the second crop of the United States, being
+surpassed in value only by Indian corn (maize). The area
+devoted to this crop in 1879 was 14,480,019 acres, and the total
+<span class="pagenum"><a name="page265" id="page265"></a>265</span>
+commercial crop was 5,755,359 bales. In 1899 the acreage had
+increased to 24,275,101 and the crop to 9,507,786 bales. In 1906
+the total area was 28,686,000 acres and the crop 13,305,265 bales.</p>
+
+<p>The preceding table gives the quantity, value and character of
+the crop for each of the cotton-growing states in 1906, as reported
+by the Bureau of the Census.</p>
+
+<p><i>Mexico.</i>&mdash;Cotton is extensively grown in Mexico, and large
+quantities are used for home consumption. The cultivation is of
+very old standing. Cortes in 1519 is said to have received cotton
+garments as presents from the natives of Yucatan, and to
+have found the Mexicans using cotton extensively for clothing.
+From 1900 to 1905 the crop was about 100,000 bales per annum;
+the whole is consumed in local mills, and cotton is imported also
+from the United States.</p>
+
+<p><i>Brazil.</i>&mdash;The cotton-growing region in Brazil comprises a belt
+some 200 m. in width, in the north-eastern portion of the country,
+and a strip along the valley of the San Francisco, where a large
+amount of the present crop is produced. The cotton is known in
+commerce under the name of the place of export, <i>e.g.</i> Maceio,
+Pernambuco or Pernam, Ceãra, Rio Grande, &amp;c. The export
+fluctuates greatly.</p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+
+<tr><td class="tcc">&nbsp;</td> <td class="tcc">Bales of 500 &#8468;.</td> <td class="tcc">Approx. Value.</td></tr>
+<tr><td class="tcl">1901</td> <td class="tcr">53,002</td> <td class="tcr">£500,000</td></tr>
+<tr><td class="tcl">1902</td> <td class="tcr">143,963</td> <td class="tcr">1,200,000</td></tr>
+<tr><td class="tcl">1903</td> <td class="tcr">126,896</td> <td class="tcr">1,300,000</td></tr>
+<tr><td class="tcl">1904</td> <td class="tcr">59,413</td> <td class="tcr">800,000</td></tr>
+<tr><td class="tcl">1905</td> <td class="tcr">107,887</td> <td class="tcr">1,000,000</td></tr>
+<tr><td class="tcl">1906</td> <td class="tcr">142,972</td> <td class="tcr">1,500,000</td></tr>
+</table>
+
+<p>The total production in 1906 was estimated at about 275,000
+bales, but only a portion was available for export, there being an
+increasing consumption in Brazil itself.</p>
+
+<p><i>Peru.</i>&mdash;Cotton is an important crop in Peru, where it has
+long been cultivated. Most of the crop is grown in the irrigated
+coastal valleys. With more water available, the output could
+be considerably increased, <i>e.g.</i> in the Piura district. &ldquo;Rough
+Peruvian,&rdquo; the produce of one of the tree cottons, has a special
+use, as being rather harsh and wiry it is well adapted for mixing
+with wool. Egyptian cotton is also grown. The annual export
+is about 30,000 bales.</p>
+
+<p class="center pt1"><i>Cotton Production in the British West Indies</i>: 1905-1906.<a name="FnAnchor_2b" id="FnAnchor_2b" href="#Footnote_2b"><span class="sp">2</span></a></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Island.</td> <td class="tccm allb">Area in<br />Acres.</td>
+ <td class="tccm allb">Yield =<br />Bales of<br />500 &#8468;.</td> <td class="tccm allb">Average<br />Price<br />in Pence<br />per &#8468;.</td>
+ <td class="tccm allb">Value of<br />Lint and<br />Seed.</td></tr>
+
+<tr><td class="tcl lb rb">Barbados.</td> <td class="tcr rb">2,000</td> <td class="tcr rb">959</td> <td class="tcc rb">15.2</td> <td class="tcr rb">£33,557</td></tr>
+<tr><td class="tcl lb rb">St Vincent.</td> <td class="tcr rb">790</td> <td class="tcr rb">330</td> <td class="tcc rb">18.0</td> <td class="tcr rb">13,557</td></tr>
+<tr><td class="tcl lb rb">Grenada (mostly <i>Marie</i> <i>galante</i> cotton).</td> <td class="tcr rb">3,600</td> <td class="tcr rb">623</td> <td class="tcc rb">&ensp;5.0</td> <td class="tcr rb">8,400</td></tr>
+<tr><td class="tcl lb rb">St Kitts</td> <td class="tcr rb">1,000</td> <td class="tcr rb">241</td> <td class="tcc rb">15.0</td> <td class="tcr rb">8,380</td></tr>
+<tr><td class="tcl lb rb">Nevis</td> <td class="tcr rb">1,700</td> <td class="tcr rb">240</td> <td class="tcc rb">13.0</td> <td class="tcr rb">8,364</td></tr>
+<tr><td class="tcl lb rb">Anguilla</td> <td class="tcr rb">1,000</td> <td class="tcr rb">161</td> <td class="tcc rb">15.0</td> <td class="tcr rb">5,280</td></tr>
+<tr><td class="tcl lb rb">Antigua</td> <td class="tcr rb">700</td> <td class="tcr rb">200</td> <td class="tcc rb">14.2</td> <td class="tcr rb">6,522</td></tr>
+<tr><td class="tcl lb rb">Montserrat</td> <td class="tcr rb">770</td> <td class="tcr rb">196</td> <td class="tcc rb">15.0</td> <td class="tcr rb">6,789</td></tr>
+<tr><td class="tcl lb rb">Virgin Islands</td> <td class="tcr rb">40</td> <td class="tcr rb">14</td> <td class="tcc rb">..</td> <td class="tcr rb">400</td></tr>
+<tr><td class="tcl lb rb">Jamaica</td> <td class="tcr rb">1,500</td> <td class="tcr rb">123</td> <td class="tcc rb">..</td> <td class="tcr rb">4,025</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">12,900</td> <td class="tcr allb">3087</td> <td class="tcc allb">..</td> <td class="tcr allb">£95,274</td></tr>
+</table>
+
+<p><i>British West Indies.</i>&mdash;Cotton was cultivated as a minor crop
+in parts of the West Indies as long ago as the 17th century, and at
+the opening of the 18th century the islands supplied about 70%
+of all the cotton used in Great Britain. Greater profits obtained
+from sugar caused the industry to be abandoned, except in the
+small island of Carriacou. In 1900 the Imperial Department of
+Agriculture and private planters began experiments with the
+object of reintroducing the cultivation, owing to the decline in
+value of sugar. The department was actively assisted by the
+British Cotton Growing Association, and the results have been
+very successful, as was shown at an exhibition held in Manchester
+in 1908. A supply of seed of a high grade of Sea Island cotton
+was obtained from Colonel Rivers&rsquo;s estate in the Sea Islands, S.
+Carolina, and so successful has the cultivation been that from
+some of the islands West Indian Sea Island cotton obtains a
+higher price than the corresponding grade of cotton from the Sea
+Islands themselves.</p>
+
+<p>In 1902 the total area under cotton cultivation in the British
+West Indies was 500 acres. The industry made rapid progress.
+In 1903 it was 4000; in 1905-1906 it was 12,900; and for 1906-1907
+it was 18,166 acres. The table indicates the chief cotton-producing
+islands, the acreage in each, yield, average value per
+pound and total value of the crop in 1905-1906.</p>
+
+<p>The whole of this crop was Sea Island cotton, with the exception
+of the &ldquo;Marie galante&rdquo; grown in Carriacou. Marie galante
+is a harsh cotton of the Peruvian or Brazilian type. The low
+yield per acre in this island, and also the low value of the lint
+per &#8468; compared with the Sea Island cotton, is clearly apparent.</p>
+
+<p>In 1906-1907 the acreage was substantially increased in many
+of the islands, <i>e.g.</i> Barbados from 2000 to 5000; St Vincent 790
+to 1533; St Kitts and Anguilla 1000 to 1500 each; Antigua 700
+to 1883. In Jamaica, on the other hand, it was reduced from
+1500 to 300 acres.</p>
+
+<p><i>Spain.</i>&mdash;Cotton was formerly grown in southern Spain on an
+extensive scale, and as recently as during the American Civil
+War a crop of 8000 to 10,000 bales was obtained. It is considered
+that with facilities for irrigation Andalusia could produce
+150,000 bales annually. The former industry was abandoned as
+other crops became more remunerative. The government is
+encouraging recent efforts to re-establish the cultivation.</p>
+
+<p><i>Malta.</i>&mdash;Cotton has long been cultivated in Malta, but the
+acreage diminished from 1750 acres in 1899 to 670 acres in 1906.
+A considerable quantity of the produce is spun and woven locally;
+<i>e.g.</i> in 1904 the export was equivalent to about 120 bales out of a
+total production of 330 bales, and in 1905 to 258 out of 333 bales
+(of 500 &#8468; each).</p>
+
+<p><i>Cyprus</i> has a soil and climate suited to cotton, which was
+formerly grown here on a large scale. The rainfall is uncertain
+and low, however, never exceeding 40 in., and on the supply of
+water by irrigation the future of the industry mainly depends.
+The exports dwindled from 3600 bales in 1865 to 946 in 1905;
+great fluctuations occur, the export in 1904, for example, being
+only 338 bales. The cotton grown is rather short-stapled and
+goes mainly to Marseilles and Trieste. Some is used locally in the
+manufacture of cloth.</p>
+
+<p><i>Egypt.</i>&mdash;The position of Egypt as the third cotton-producing
+country of the world has already been pointed out, and the
+varieties grown and the mode of cultivation described. The
+introduction of the exotic varieties dates from the beginning
+of the 19th century. The industry was actively promoted by a
+Frenchman named Jumel, in the service of Mehemet Ali, from
+1820 onwards with great success. The area under cotton is
+about 1,800,000 acres.</p>
+
+<p class="center pt1"><i>Cotton Production in Egypt.</i></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+
+<tr><td class="tcl">1850</td> <td class="tcl">&emsp;&ensp;87,200 bales of 500 &#8468;.</td></tr>
+<tr><td class="tcl">1865</td> <td class="tcl">&emsp;439,000&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1890</td> <td class="tcl">&emsp;798,000&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1904</td> <td class="tcl">1,258,000&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1905</td> <td class="tcl">1,250,000&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1906</td> <td class="tcl">1,400,000&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+</table>
+
+<p><i>The Egyptian Sudan.</i>&mdash;Egyptian cotton was cultivated in the
+Sudan to the extent of 21,788 acres in 1906 chiefly on non-irrigated
+land. The exports, however, are small, almost all the
+crop being used locally. The chief difficulties are the supply of
+water, labour and transport facilities. Lord Cromer in his report
+on the Sudan for 1906 remarks that: &ldquo;There seems to be some
+reason for thinking that the future&mdash;or at all events the immediate
+future&mdash;of Sudan agriculture lies more in the direction of cultivating
+wheat and other cereals than in that of cultivating cotton.&rdquo;</p>
+
+<p><i>West Africa.</i>&mdash;Cotton has long been grown in the various
+countries on the west coast of Africa, ginned by hand or by very
+primitive means, spun into yarn, and woven on simple looms into
+&ldquo;country cloths&rdquo;; these are often only a few inches wide, so
+that any large cloths have to be made by sewing the narrow
+strips together. These native cloths are exceedingly durable, and
+many of them are ornamented by using dyed yarns and in other
+ways.</p>
+
+<p><span class="pagenum"><a name="page266" id="page266"></a>266</span></p>
+
+<p>Southern Nigeria (Lagos) and northern Nigeria are the most
+important cotton countries amongst the British possessions on
+the coast. From the former there has been an export trade for
+many years which fluctuates remarkably according to the demand.
+Northern Nigeria is the seat of a very large native cotton industry,
+to supply the demand for cotton robes for the Mahommedan
+races inhabiting the country. The province of Zaria alone is
+estimated to produce annually 30,000 to 40,000 bales, all of
+which is used locally. Northern Nigeria contributes to the
+cotton exported from Lagos. The country offers a fairly promising
+field for development, especially now that arrangements
+have been made for providing the necessary means of transport by
+the construction of the new railways. The profits obtained from
+ground-nuts (<i>Arachis hypogea</i>) in Gambia, gold mining in the
+Gold Coast, and from products of the oil palm (<i>Elaeis guineensis</i>)
+in the palm-oil belt serve to prevent much attention being given
+to cotton in these districts.</p>
+
+<p class="center pt1"><i>Exports of Cotton from Lagos.</i></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">1865</td> <td class="tcl">&ensp;868 bales of 500 &#8468;.</td></tr>
+<tr><td class="tcl">1869</td> <td class="tcl">1785&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1900</td> <td class="tcl">&emsp;48&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1901</td> <td class="tcl">&emsp;15&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1902</td> <td class="tcl">&emsp;25&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1903</td> <td class="tcl">&ensp;582&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1904</td> <td class="tcl">1725&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1905</td> <td class="tcl">2578&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+</table>
+
+<p class="center pt1"><i>Exports of Cotton from British West Africa</i>, 1904, 1905 and 1906.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1904.</td> <td class="tccm allb">1905.</td> <td class="tccm allb">1906.</td></tr>
+
+<tr><td class="tcc lb rb">&nbsp;</td> <td class="tcc rb">Bales</td> <td class="tcc rb">Bales</td> <td class="tcc rb">Bales</td></tr>
+<tr><td class="tcc lb rb">&nbsp;</td> <td class="tcc rb">(500 &#8468;).</td> <td class="tcc rb">(500 &#8468;).</td> <td class="tcc rb">(500 &#8468;).</td></tr>
+<tr><td class="tcl lb rb">Gambia</td> <td class="tcr rb">120</td> <td class="tcr rb">5</td> <td class="tcr rb">0</td></tr>
+<tr><td class="tcl lb rb">Sierra Leone</td> <td class="tcr rb">56</td> <td class="tcr rb">139</td> <td class="tcr rb">176</td></tr>
+<tr><td class="tcl lb rb">Gold Coast</td> <td class="tcr rb">115</td> <td class="tcr rb">50</td> <td class="tcr rb">186</td></tr>
+<tr><td class="tcl lb rb">Southern Nigeria and Lagos</td> <td class="tcr rb">2296</td> <td class="tcr rb">2771</td> <td class="tcr rb">5392</td></tr>
+<tr><td class="tcl lb rb">Northern Nigeria</td> <td class="tcr rb">574</td> <td class="tcr rb">250*</td> <td class="tcr rb">712</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">3161</td> <td class="tcr allb">3215</td> <td class="tcr allb">6466</td></tr>
+<tr><td class="tcl f80" colspan="4">*Approximately.</td></tr>
+</table>
+
+<p><i>Nyasaland (British Central Africa).&mdash;</i>The cultivation of cotton
+on a commercial scale is quite new in Nyasaland, and although
+general conditions of soil and climate appear favourable the
+question of transport is serious and labour is not abundant.
+The exports were equivalent to 2 bales of 500 &#8468; in 1902-1903,
+114 bales in 1903-1904, 570 bales in 1904-1905, 1553 bales in
+1905-1906 and 1052 bales in 1906-1907. In the lower river lands
+Egyptian cotton has been the most successful, whilst Upland
+cotton is more suited to the highlands.</p>
+
+<p><i>British East Africa and Uganda.&mdash;</i>In these adjoining protectorates
+wild cottons occur, and suitable conditions exist in
+certain localities. Experimental work has been carried on, and in
+1904 Uganda exported about 43 bales of cotton, and British
+East Africa about 177 bales. In 1906 the combined exports had
+risen to 362 bales, including a little from German East Africa.
+In 1904-1905 there were some 300 acres under cotton in British
+East Africa. Lack of direct transport facilities is a difficulty.
+Some of the native cottons are of fair quality, but Egyptian
+cotton appears likely to be best suited for growing for export.</p>
+
+<p><i>India</i> is probably the most ancient cotton-growing country.
+For five centuries before the Christian era cotton was largely used
+in the domestic manufactures of India; and the clothing of the
+inhabitants then consisted, as now, chiefly of garments made from
+this vegetable product. More than two thousand years before
+Europe or England had conceived the idea of applying modern
+industry to the manufacture of cotton, India had matured a
+system of hand-spinning, weaving and dyeing which during that
+vast period received no recorded improvement. The people,
+though remarkable for their intelligence whilst Europe was in a
+state of barbarism, made no approximation to the mechanical
+operations of modern times, nor was the cultivation of cotton
+either improved or considerably extended. Possessing soil,
+climate and apparently all the requisite elements from nature for
+the production of cotton to an almost boundless extent, and of a
+useful and acceptable quality, India for a long series of years did
+but little towards supplying the manufactures of other countries
+with the raw material which they required. Between the years
+1788 and 1850 numerous attempts were made by the East India
+Company to improve the cultivation and to increase the supply of
+cotton in India, and botanists and American planters were
+engaged for the purpose. One great object of their experiments
+was to introduce and acclimatize exotic cottons. Bourbon, New
+Orleans, Upland, Georgia, Sea Island, Pernambuco, Egyptian,
+&amp;c., were tried but with little permanent success. The results of
+these and similar attempts led to the conclusion that efforts to
+improve the indigenous cottons were most likely to be rewarded
+with success. Still more recently, however, experiments have
+been made to grow Egyptian cotton in Sind with the help of
+irrigation. Abassi has given the best results, and the experiments
+have been so successful that in 1904-1905 an out-turn of not less
+than 100,000 bales &ldquo;was prophesied in the course of a few years&rdquo;
+(Report of Director, Land Records and Agriculture). The
+average annual production in India approximates to 3,000,000
+bales. The area under cotton in all British India is about
+20,000,000 acres, the crop being grown in a very primitive
+manner. The bulk of the cotton is of very short staple, about
+three-quarters of an inch, and is not well suited to the requirements
+of the English spinner, but very large mills specially fitted
+to deal with short-stapled cottons have been erected in India and
+consume about one-half the total crop, the remainder being
+exported to Germany and other European countries, Japan and
+China. In 1906 the United Kingdom took less than 5% of the
+cotton exported.</p>
+
+<p class="center pt1"><i>Cotton Production in British India.</i><a name="FnAnchor_3b" id="FnAnchor_3b" href="#Footnote_3b"><span class="sp">3</span></a></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">1859</td> <td class="tcl">1,316,800 bales of 500 &#8468;.</td></tr>
+<tr><td class="tcl">1904</td> <td class="tcl">3,172,800&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1905</td> <td class="tcl">2,848,800&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+<tr><td class="tcl">1906</td> <td class="tcl">4,038,400&emsp;&rdquo;&emsp;&emsp;&rdquo;</td></tr>
+</table>
+
+<p>About 50% of the cotton produced is consumed in Indian
+mills and the remainder is exported.</p>
+
+<p><i>China.</i>&mdash;Cotton has not been cultivated in China from such
+early times as in India, and although cotton cloths are mentioned
+in early writings it was not until about <span class="scs">A.D.</span> 1300 that the plant
+was grown on any considerable scale. There are no figures
+obtainable as to the production, but it must be very large,
+considering that the crop provides clothing for a large proportion
+of the population of China. During recent years a considerable
+quantity of cotton has been exported, but more than a compensating
+amount of raw cotton, yarns and textiles, is imported.
+An estimate of the crop puts it at about 1,500,000 bales.</p>
+
+<p><i>Korea</i> is stated to have originally received its cotton plants
+from China some 500 years ago. Conditions are well adapted to
+the cultivation of the plant, and since the cessation of the Russo-Japanese
+War the Japanese have undertaken the development
+of the industry. Figures are difficult to obtain, but an official
+report from the Japanese Residency General in 1907 estimated
+the crop at about 214,000 bales, all being used locally. In the
+future Korea may become an important source of supply for
+Japan, especially if, as appears likely, Korea proves suited to the
+cultivation of American cotton.</p>
+
+<p><i>Japan</i> received cotton from India before China, and the plant
+is extensively grown, especially in West and Middle Japan.
+The production is not sufficient to meet the home demand;
+during the five years of normal trade before the war with Russia
+Japan imported annually about 800,000 bales of cotton, chiefly
+from British India, China and the United States, and during the
+same period exported each year some 2000 bales, mainly to
+Korea.</p>
+
+<p><i>Dutch East Indies.</i>&mdash;In Java and other Dutch possessions in the
+East cotton is cultivated. A considerable amount is used locally,
+and during the six years ending in 1907 the surplus exported
+ranged from about 24,000 to 40,000 bales per annum.</p>
+
+<p><i>Russia.</i>&mdash;Some cotton is produced in European Russia in the
+southern Caucasus, but Turkestan in central Asia is by far the
+<span class="pagenum"><a name="page267" id="page267"></a>267</span>
+more important source of Russian-grown cotton. In this region
+cotton has been cultivated from very early times to supply local
+demands, and to a minor degree for export. Since about 1875 the
+Russians have fostered the industry, introducing American
+Upland varieties, distributing seed free, importing gins, providing
+instruction, and guaranteeing the purchase of the crops. The
+Trans-Caspian railway has been an important factor; almost all
+the cotton exported passes over this line, and the statistics of this
+trade indicate the progress made. The shipments increased from
+250,978 bales in 1896-1897 to 495,962 bales in 1901-1902&mdash;part,
+however, being Persian cotton. The production of cotton in
+Russia in 1906 was estimated at 675,000 bales of 500 &#8468; each.
+About one-third of the cotton used in Russian mills is grown
+on Russian territory, the remainder coming chiefly from the
+United States.</p>
+
+<p><i>Asia Minor.</i>&mdash;Smyrna is the principal centre of cotton
+cultivation in this region. A native variety known as &ldquo;Terli,&rdquo;
+and American cotton, are grown. The general conditions are
+favourable. According to the Liverpool <i>Cotton Gazette</i>, Asiatic
+Turkey produced in 1906 about 100,000 bales, and Persia about
+47,000 bales. Cotton was formerly cultivated profitably in
+Palestine.</p>
+
+<p><i>Australasia.</i>&mdash;The quantity of cotton now produced in Australasia
+is extremely small. Queensland, New South Wales and
+South Australia possess suitable climatic conditions, and in the
+first-named state the cotton has been grown on a commercial
+scale in past years, the crop in 1897 being about 450 bales.
+Considerable interest attaches to the &ldquo;Caravonica&rdquo; cotton
+raised in South Australia, which has been experimented with
+in Australia, Ceylon and elsewhere. It is probably a hybrid
+between Sea Island and rough Peruvian cotton, but lacks most of
+the essential features of Sea Island.</p>
+
+<p>In <i>Fiji</i> the cotton exported in the &rsquo;sixties and &rsquo;seventies was
+worth £93,000 annually; but the cultivation has been practically
+abandoned. In 1899 about 60 bales, and in 1900 about 6 bales,
+were exported. During 1901-1903 there were no exports of
+cotton, and in 1904 only 70 bales were sent out.</p>
+
+<p>Into the <i>Society Islands</i> Sea Island cotton was introduced
+about 1860-1870. Up to the year 1885 there was an average
+yearly export equivalent to about 2140 bales of 500 &#8468;, after
+which date the export practically ceased. The industry has,
+however, been revived, and in 1906 over 100 bales, valued at
+£1052, were exported.</p>
+<div class="author">(W. G. F.)</div>
+
+<p class="center pt2"><span class="sc">Marketing and Supply</span></p>
+
+<p>In the days of slave-grown cotton, the American planters,
+being men of wealth farming on a large scale, consigned the bulk
+of their produce as a rule direct to the ports. Now,
+however, a large proportion of the crop is sold to local
+<span class="sidenote">Moving the harvest to the ports.</span>
+store-keepers who transfer it to exporting firms in
+neighbouring cities. The cultivators, whether owners
+of the plantations, as is usual in some districts, or tenants, as is
+customary in others, are financed as a rule by commission agents.
+The decline of &ldquo;spot&rdquo; sales at the ports, partly but not entirely
+in consequence of the appearance of the small cultivator, has
+proceeded steadily. Hammond<a name="FnAnchor_4b" id="FnAnchor_4b" href="#Footnote_4b"><span class="sp">4</span></a> has constructed a table from
+information supplied by the secretaries of the cotton exchanges
+at New York, Charleston, Savannah, Mobile, New Orleans and
+Galveston, showing the sales of &ldquo;spot&rdquo; cotton at those ports for
+the twenty-two years between 1874-1875 and 1895-1896, and in
+all cases an absolute decline is evident. The receipts of cotton in
+the season 1904-1905 at the leading interior towns and ports of
+the United States are given below.</p>
+
+<p class="center pt1"><i>Receipts of Cotton at 28 Interior Towns.</i><br />
+(In Thousand Statistical Bales of 500 &#8468; each.)</p>
+
+<table class="nobctr" style="width: 70%;" summary="Contents">
+
+<tr><td class="tcl">Brenham, Tex.</td> <td class="tcr rb">17</td> <td class="tcl">Memphis, Tenn.</td> <td class="tcr">984</td></tr>
+<tr><td class="tcl">Dallas, Tex.</td> <td class="tcr rb">96</td> <td class="tcl">Nashville, Tenn.</td> <td class="tcr">19</td></tr>
+<tr><td class="tcl">Shreveport, La.</td> <td class="tcr rb">256</td> <td class="tcl">Selma, Ala.</td> <td class="tcr">126</td></tr>
+<tr><td class="tcl">Little Rock, Ark.</td> <td class="tcr rb">219</td> <td class="tcl">Montgomery, Ala.</td> <td class="tcr">211</td></tr>
+<tr><td class="tcl">Helena, Ark.</td> <td class="tcr rb">91</td> <td class="tcl">Eufaula, Ala.</td> <td class="tcr">29</td></tr>
+<tr><td class="tcl">Vicksburg, Miss.</td> <td class="tcr rb">100</td> <td class="tcl">Columbus, Ga.</td> <td class="tcr">74</td></tr>
+<tr><td class="tcl">Columbus, Miss.</td> <td class="tcr rb">57</td> <td class="tcl">Macon, Ga.</td> <td class="tcr">87</td></tr>
+<tr><td class="tcl">Natchez, Miss.</td> <td class="tcr rb">76</td> <td class="tcl">Albany, Ga.</td> <td class="tcr">35</td></tr>
+<tr><td class="tcl">Atlanta, Ga.</td> <td class="tcr rb">134</td> <td class="tcl">Houston, Tex.</td> <td class="tcr">2,423</td></tr>
+<tr><td class="tcl">Rome, Ga.</td> <td class="tcr rb">72</td> <td class="tcl">Meridian, Miss.</td> <td class="tcr">133</td></tr>
+<tr><td class="tcl">Augusta, Ga.</td> <td class="tcr rb">446</td> <td class="tcl">Cincinnati, Ohio</td> <td class="tcr">167</td></tr>
+<tr><td class="tcl">Columbia, S.C.</td> <td class="tcr rb">68</td> <td class="tcl">Yazoo City, Miss.</td> <td class="tcr">65</td></tr>
+<tr><td class="tcl">Newberry, S.C.</td> <td class="tcr rb">17</td> <td class="tcl">&nbsp;</td> <td class="tcr">&mdash;&mdash;</td></tr>
+<tr><td class="tcl">Charlotte, N.C.</td> <td class="tcr rb">21</td> <td class="tcc">Total</td> <td class="tcr">6712</td></tr>
+<tr><td class="tcl">Raleigh, N. C.</td> <td class="tcr rb">19</td> <td class="tcl">&nbsp;</td> <td class="tcr">&mdash;-&mdash;-</td></tr>
+<tr><td class="tcl">St Louis, Mo.</td> <td class="tcr rb">672</td> <td class="tcc">Crop.</td> <td class="tcr">13,565</td></tr>
+
+<tr><td class="tcc pt2" colspan="4"><i>Receipts of Cotton at American Ports.</i><br />
+(In Thousand Statistical Bales of 500 &#8468; each.)<br />&nbsp;</td></tr>
+
+<tr><td class="tcl">Galveston, Tex.</td> <td class="tcr rb">2,879</td> <td class="tcl">Boston, Mass.</td> <td class="tcr">84</td></tr>
+<tr><td class="tcl">New Orleans, La.</td> <td class="tcr rb">2,690</td> <td class="tcl">Philadelphia, Pa.</td> <td class="tcr">14</td></tr>
+<tr><td class="tcl">Mobile, Ala.</td> <td class="tcr rb">330</td> <td class="tcl">Brunswick, Ga.</td> <td class="tcr">200</td></tr>
+<tr><td class="tcl">Savannah, Ga.</td> <td class="tcr rb">1,877</td> <td class="tcl">Pensacola, Fla.</td> <td class="tcr">187</td></tr>
+<tr><td class="tcl">Charleston, S.C.</td> <td class="tcr rb">225</td> <td class="tcl">Minor Ports</td> <td class="tcr">518</td></tr>
+<tr><td class="tcl">Wilmington, N.C.</td> <td class="tcr rb">375</td> <td class="tcl">&nbsp;</td> <td class="tcr">&mdash;&mdash;&mdash;</td></tr>
+<tr><td class="tcl">Norfolk, Va.</td> <td class="tcr rb">820</td> <td class="tcc">Total</td> <td class="tcr">10,295</td></tr>
+<tr><td class="tcl">Baltimore, Md.</td> <td class="tcr rb">62</td> <td class="tcl">&nbsp;</td> <td class="tcr">&mdash;&mdash;&mdash;</td></tr>
+<tr><td class="tcl">New York</td> <td class="tcr rb">34</td> <td class="tcc">Crop</td> <td class="tcr">13,565</td></tr>
+</table>
+
+<p>Galveston and Savannah have risen considerably in relative
+importance of late years.</p>
+
+<p>Before the Civil War each planter would have his own gin-house.
+Now, however, ginning is a distinct business, and one gin
+will serve on an average about thirty farmers. Moveable
+gins were tried for a time in some places; they were
+<span class="sidenote">Ginning and packing.</span>
+dragged by traction engines from farm to farm, like
+threshing machines in parts of England, but the plan
+proved uneconomical because, among other reasons, farmers were
+not prepared to meet the cost of providing facilities for storing
+their cotton. In addition to the small country ginneries, large
+modern ginneries have now been set up in all the leading Southern
+market towns. The cotton is pressed locally and afterwards
+&ldquo;compressed&rdquo; into a very small compass. The bales are
+usually square, but cylindrical bales are becoming more common,
+though their cost is greater. In the latter, the cotton is arranged
+in the form of a rolled sheet or &ldquo;lap.&rdquo; Owing to complaints of
+the careless packing of American cotton, attention has been
+devoted of late to the improvement of the square bale.</p>
+
+<p>London used to be the chief cotton port of England, but
+Liverpool had assumed undisputed leadership before the 19th
+century began. Some arrivals have been diverted to
+Manchester since the opening of the Manchester ship
+<span class="sidenote">English ports of entry.</span>
+canal; shipments through the canal from the 1st of
+September to the 30th of August in each year for the
+decade 1894-1895 to 1904-1905 are appended&mdash;six to eight times
+as much is still unloaded at Liverpool.</p>
+
+<p>A Manchester cotton-importing company was recently formed
+for increasing deliveries direct to Manchester, and establishing
+a &ldquo;spot&rdquo; market there, an end to which the Manchester Cotton
+Association had directed its efforts for some time past. The
+latter association was established at the end of 1894, with a
+membership of 265, in the interests of those spinners who desired
+importations direct to Manchester. The objects of the association
+are officially stated to be: (1) to frame suitable and authoritative
+forms of contract, and to make rules and regulations for the
+proper conduct of the trade; (2) to supervise and facilitate the
+delivery of the importations of cotton at the Manchester docks to
+the various consignees; (3) to provide and maintain trustworthy
+standards of classification; (4) to procure and disseminate useful
+information on all subjects pertaining to the trade; (5) to act in
+concert with chambers of commerce and other bodies throughout
+the world for mutual protection; (6) to establish a market for
+cotton at Manchester. Spinning members preponderate, but
+almost all the Manchester cotton merchants and cotton brokers
+have also joined the association. The importance of the original
+spinners&rsquo; representation on the association is shown by the fact
+that they worked over 14,000,000 spindles: in December 1905
+the spindles represented by members had risen to nearly
+20,000,000. Some 73,000 looms are also represented. As most
+of the Lancashire cotton mills lie far from Manchester, direct
+importations to that city do not usually dispense with a &ldquo;handling,&rdquo;
+and frequently save little or nothing in freight rates,
+though in some cases the economy derived from direct importation
+is considerable. One gain accruing to Lancashire from the
+<span class="pagenum"><a name="page268" id="page268"></a>268</span>
+Canal, however, is that its competition has brought down
+railway rates.</p>
+
+<p>Fundamental alterations have been made in the structure of
+the leading cotton markets, and in methods of buying and selling
+cotton, in the last hundred years. We shall not attempt
+to trace the changes as they appeared in every market
+<span class="sidenote">Cotton market methods.</span>
+of importance, but shall confine our attention to one
+only, and that perhaps the most important of all,
+namely, the market at Liverpool. This selection of one market
+for detailed examination does not rob our sketch of generality,
+as might at first be thought, since broadly the history of the
+development of one market is the history of the development of
+all, and on the whole the economic explanation of the evolution
+that has taken place may be universalized.</p>
+
+<p class="center pt1"><i>Cotton landed at the Port of Manchester since the Canal was opened.</i><br />
+ (In thousand Bales.)<br />
+ The season is from the 1st of September to the 31st of August each year.</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Jan. 1894<br />to Aug.<br />31, 1894.</td>
+ <td class="tccm allb">Season<br />1894-1895.</td> <td class="tccm allb">Season<br />1895-1896.</td>
+ <td class="tccm allb">Season<br />1896-1897.</td> <td class="tccm allb">Season<br />1897-1898.</td>
+ <td class="tccm allb">Season<br />1898-1899.</td></tr>
+
+<tr><td class="tcl lb rb">American</td> <td class="tcr rb">21</td> <td class="tcr rb">32</td> <td class="tcr rb">121</td> <td class="tcr rb">211</td> <td class="tcr rb">245</td> <td class="tcr rb">311</td></tr>
+<tr><td class="tcl lb rb">Egyptian</td> <td class="tcr rb">1.4</td> <td class="tcr rb">34</td> <td class="tcr rb">68</td> <td class="tcr rb">88</td> <td class="tcr rb">98</td> <td class="tcr rb">84</td></tr>
+<tr><td class="tcl lb rb">East Indian</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">West African</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+
+<tr><td class="tcc lb rb">Total</td> <td class="tcr allb">22</td> <td class="tcr allb">66</td> <td class="tcr allb">189</td> <td class="tcr allb">299</td> <td class="tcr allb">344</td> <td class="tcr allb">395</td></tr>
+
+<tr><td class="tcl lb rb">Total American Crop*</td> <td class="tcr rb">7,549</td> <td class="tcr rb">9,901</td> <td class="tcr rb">7,157</td> <td class="tcr rb">8,757</td> <td class="tcr rb">11,199</td> <td class="tcr rb">11,274</td></tr>
+<tr><td class="tcl lb rb">Total Egyptian Crop (in</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&emsp;bales of 7½ cantars)**</td> <td class="tcr rb">657</td> <td class="tcr rb">615</td> <td class="tcr rb">703</td> <td class="tcr rb">783</td> <td class="tcr rb">872</td> <td class="tcr rb">745</td></tr>
+
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Season<br />1899-1900.</td>
+ <td class="tccm allb">Season<br />1900-1901.</td> <td class="tccm allb">Season<br />1901-1902.</td>
+ <td class="tccm allb">Season<br />1902-1903.</td> <td class="tccm allb">Season<br />1903-1904.</td>
+ <td class="tccm allb">Season<br />1904-1905.</td></tr>
+
+<tr><td class="tcl lb rb">American</td> <td class="tcr rb">415</td> <td class="tcr rb">442</td> <td class="tcr rb">421</td> <td class="tcr rb">478&ensp;</td> <td class="tcr rb">365</td> <td class="tcr rb">552&ensp;</td></tr>
+<tr><td class="tcl lb rb">Egyptian</td> <td class="tcr rb">136</td> <td class="tcr rb">107</td> <td class="tcr rb">125</td> <td class="tcr rb">145&ensp;</td> <td class="tcr rb">148</td> <td class="tcr rb">183&ensp;</td></tr>
+<tr><td class="tcl lb rb">East Indian</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">2.5</td> <td class="tcr rb">6</td> <td class="tcr rb">1.3</td></tr>
+<tr><td class="tcl lb rb">West African</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">.1</td></tr>
+
+<tr><td class="tcc lb rb">Total</td> <td class="tcr allb">551</td> <td class="tcr allb">549</td> <td class="tcr allb">546</td> <td class="tcr allb">626</td> <td class="tcr allb">519</td> <td class="tcr allb">736</td></tr>
+
+<tr><td class="tcl lb rb">Total American Crop*</td> <td class="tcr rb">9,436</td> <td class="tcr rb">10,383</td> <td class="tcr rb">10,680</td> <td class="tcr rb">11,011</td> <td class="tcr rb">13,565</td> <td class="tcr rb">10,727</td></tr>
+<tr><td class="tcl lb rb">Total Egyptian Crop (in</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb bb">&emsp;bales of 7½ cantars)**</td> <td class="tcr rb bb">868</td> <td class="tcr rb bb">723</td> <td class="tcr rb bb">849</td> <td class="tcr rb bb">867</td> <td class="tcr rb bb">846</td> <td class="tcr rb bb">778</td></tr>
+<tr><td class="tcl f80" colspan="7">* Commercial crop.</td></tr>
+<tr><td class="tcl f80" colspan="7">** A cantar is 99.05 &#8468; avoirdupois.</td></tr>
+</table>
+
+<p>Originally cotton was imported by the Liverpool dealer as an
+agent for American firms or at his own risk, and then sold
+by private treaty, auction, or through brokers, to
+Manchester dealers, who retailed it to the spinners.
+<span class="sidenote">Evolution of broking.</span>
+This statement is, of course, only roughly correct.
+Some Manchester dealers imported themselves, and
+some spinners bought direct from Liverpool importers, but the
+rule was the arrangement first described. Early in the 19th
+century it became customary for Manchester dealers and Liverpool
+importers to carry on business with one another through
+representatives known as &ldquo;buying&rdquo; and &ldquo;selling&rdquo; brokers.
+About this time the broker of cotton only began to specialize
+from the ranks of the brokers who dealt in all kinds of colonial
+produce. Previously there had not been enough business done
+in cotton to make it worth any person&rsquo;s while to devote himself
+to the buying and selling on commission of cotton only. The
+evolution of the distinct business of cotton broking is readily
+comprehensible when we remind ourselves that the requirements,
+as regards raw material, of all spinners are much alike generally,
+and that no spinner could afford to pay an expert to devote
+himself entirely to purchasing cotton for his mill.</p>
+
+<p>So far change had been gradual, but the success of the
+Manchester and Liverpool railway undermined beyond repair the
+old system of doing business. Spinners could easily run over to
+Liverpool and buy their cotton from the large stocks displayed
+at that port. Before the railway was opened some spinners had
+been in the habit of making their purchases of raw material in
+Liverpool, but the great inconveniences of the journey, combined
+with less easy terms for payment than were usual in Manchester,
+prevented any great numbers from departing from the beaten
+track. Cotton dealers up to this time had regularly financed the
+spinners, who were frequently men of little capital, by allowing
+long credit, and had even employed them to spin on commission.
+As men of substance increased among the ranks of the spinners,
+the Manchester cotton dealers found it impossible to retard a
+movement set on foot by the prospects of such appreciable
+advantages. Ultimately many of the old Manchester cotton
+dealers became brokers for their old customers. In 1875 there
+were said to be upwards of 100 cotton dealers in Manchester, but
+from that time onward their members steadily declined. It is
+interesting to observe that a later development of transport
+between Manchester and Liverpool, namely, the Manchester
+Ship Canal, has drawn back into Manchester a part of the cotton
+market which was attracted from Manchester into Liverpool by
+the famous improvement in transport opened to the public
+three-quarters of a century ago.</p>
+
+<p>The centralization of the cotton market in Liverpool fixed
+firmly the system of buying through brokers, for the Liverpool
+importer, or his broker, was in no sense a professional adviser to
+the spinners, informally pledged to advance the latter&rsquo;s interests,
+as the old Manchester dealers had been. The system was
+rendered comparatively inexpensive by the drop in commissions
+from 1 to ½ % which had followed the adoption of selling by
+sample. This custom of buying and selling through brokers
+continued unshaken until the laying of the Atlantic cable tempted
+selling brokers occasionally, and even some buying brokers, to
+buy direct from American factors by telegraph and thus transform
+themselves into quasi-importers. The temptation was made the
+more difficult to resist by the development of &ldquo;future&rdquo; dealings.
+When the agents of the spinners, that is, the buying brokers, by
+becoming principals in some transactions, had acquired interests
+diametrically opposed to those of their customers, the consequent
+feeling of distrust among spinners gave birth to the Cotton
+Buying Company, which, constituted originally of twenty to
+<span class="correction" title="amended from thrity">thirty</span> limited cotton-spinning companies, represents to-day
+nearly 6,000,000 spindles distributed among nearly one hundred
+firms. Its object was to squeeze out some middlemen and
+economize for its members on brokerage. This company, it is
+said, helped to attract the brokers back to the spinners, and an
+informal understanding was arrived at that the buying broker
+should not figure both as agent and principal in the same
+transaction.</p>
+
+<p><span class="pagenum"><a name="page269" id="page269"></a>269</span></p>
+
+<p>By 1876 &ldquo;forward&rdquo; operations had become so vast and
+complicated that a cotton-clearing house had to be established
+to deal with the confusing networks of debits and
+credits created by them. Its principle was exactly
+<span class="sidenote">Cotton-Clearing house, Cotton Bank and periodic settlement of &ldquo;differences.&rdquo;</span>
+that of the clearing houses used by the railways and the
+banks, the cancellation of indebtedness and discharge
+simply of balances. The final settlement of a &ldquo;future&rdquo;
+contract involved usually a crowd of persons, and the
+passage of large sums of money backwards and forwards,
+so that the amount of cash required for circulation
+on the exchange became unreasonably excessive
+and an annoying waste of time was entailed. The cotton-clearing
+house substituted book-keeping for the bulk of these
+payments. The establishment of the Cotton Bank naturally
+followed. Now debts are discharged in the first instance by
+vouchers. Dealers pass their debit and credit vouchers into the
+Cotton Bank and pay or receive the balances which they owe or
+are entitled to. In order to protect dealers against the losses due
+to the insolvency of those with whom they have had transactions,
+weekly settlements on the exchange have been made compulsory;
+between brokers and their clients they are also usual. At the
+settlement, every member of the exchange receives the &ldquo;differences&rdquo;
+owing to him and pays those which he has incurred.
+Thus if a person holds futures for 10,000 bales which stood at
+5.20 on the last settlement day and now stand at 5.30, and in the
+course of the previous week has sold 5000 bales of &ldquo;futures&rdquo; at
+5.10, he receives 10,000 × <span class="spp">10</span>&frasl;<span class="suu">100</span>d. on his old holding, and has to pay
+5000 × <span class="spp">20</span>&frasl;<span class="suu">200</span>d. on his sales, and therefore on balance neither
+receives nor pays. Differences may be very large sums. The
+unit of a &ldquo;future&rdquo; being 100 bales, an alteration in the price of
+cotton of .01d. causes a difference on each unit of £2. Periodic
+settlements are obviously periodic tests of the solvency of
+dealers. If the test of the settlement were not frequently applied,
+speculators who were unfortunate would be tempted to plunge
+deeper until finally some became insolvent for large sums. As it
+is, the speculator who has incurred losses beyond his means tends
+to be discovered before his creditors are heavily involved.
+Settlement days fall on Thursday, and the closing prices on the
+preceding Monday are taken as the basis of the settlement.
+From all differences interest at 5% is deducted for the time
+between settlement day and the tenth day of the second month on
+which the &ldquo;future&rdquo; elapses, since settlement terms mean that
+money is paid in instalments before it is actually due. To the
+admission of periodic settlements there was for a time vehement
+opposition on the ground that the door would be opened to
+gambling on &ldquo;differences.&rdquo; Hence at first, in 1882, they were
+used only by a section of the market constituted of members who
+had voluntarily agreed to do business with one another upon
+these terms alone. By 1884, however, the advantages of &ldquo;settlement
+terms&rdquo; became so evident that they were adopted by the
+Cotton Association, at first for fortnightly periods, with the
+saving clause originally that they should not be compulsory.</p>
+
+<p>As soon as the clearing house was set up it became evident that
+&ldquo;futures&rdquo; were an impossibility away from it. At the same time
+&ldquo;futures&rdquo; were becoming an increasing necessity to
+importers, because through &ldquo;futures&rdquo; alone could they
+<span class="sidenote">Origin of Liverpool Cotton Association.</span>
+hedge on their purchases of cotton, or buy when the
+market seemed favourable, and they were not prepared
+to assume heavy risks. Now from the clearing house
+importers were rigorously excluded, and on invoking the aid of
+&ldquo;futures,&rdquo; therefore, they were penalized to the extent of double
+broker&rsquo;s commission, one commission being charged on the sale
+of the &ldquo;futures&rdquo; and one on their purchase back. The importers,
+therefore, found it necessary to establish a club of their own, the
+Liverpool Cotton Exchange, which they as rigorously guarded
+against brokers. The split in the market so caused was so
+damaging to both parties that a satisfactory arrangement was
+eventually agreed upon, and both institutions were absorbed in
+the Liverpool Cotton Association.</p>
+
+<p>A condition of specialist dealers working to the public service
+is that they should not act in the dark. They must watch
+demand, be able to form reasonable anticipations of its movements,
+and at the same time know the existing stocks of cotton,
+<span class="sidenote">Publication of information relating to demand and supply.</span>
+the sales taking place from day to day, and the best forecasts of
+the coming supplies. A man accustomed to devote the
+whole of his time to the study of demand and supply
+in relation to cotton, after some years of experience,
+will be qualified ordinarily to form fairly accurate judgments
+of the prices to be expected. His success depends
+upon his ability to interpret rightly the facts and intangible
+signs with which he is brought in contact. The
+information at the disposal of dealers has steadily enlarged in
+volume and improved in trustworthiness, though some of it is
+not yet invariably above suspicion, and the time elapsing between
+an event and the knowledge of it becoming common property
+has been reduced to a fraction of what it used to be, in consequence
+chiefly of the telegraph and cables. All sales that take place on
+the Exchange must be returned. Estimates are published of the
+area under cotton cultivation, and conditions of the American
+crop are issued by the American agricultural bureau at the
+beginning of the months of June, July, August, September and
+October of each year. To represent the standard of perfect
+healthiness and exemption from injury due to insects, or drought,
+or any other causes, one hundred is taken. The estimates for
+1901 to 1905 are given, to illustrate their variations:&mdash;</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">Year.</td> <td class="tccm allb">June 1st.</td> <td class="tccm allb">July 1st.</td> <td class="tccm allb">Aug. 1st.</td> <td class="tccm allb">Sept. 1st.</td> <td class="tccm allb">Oct. 1st.</td></tr>
+
+<tr><td class="tcc lb rb">1901</td> <td class="tcl rb">81.5</td> <td class="tcl rb">81.1</td> <td class="tcc rb">77.2</td> <td class="tcc rb">71.4</td> <td class="tcc rb">61.4</td></tr>
+<tr><td class="tcc lb rb">1902</td> <td class="tcl rb">95.1</td> <td class="tcl rb">84.7</td> <td class="tcc rb">81.9</td> <td class="tcc rb">64.0</td> <td class="tcc rb">58.3</td></tr>
+<tr><td class="tcc lb rb">1903</td> <td class="tcl rb">74.1</td> <td class="tcl rb">77.1</td> <td class="tcc rb">79.7</td> <td class="tcc rb">81.2</td> <td class="tcc rb">65.1</td></tr>
+<tr><td class="tcc lb rb">1904</td> <td class="tcl rb">83</td> <td class="tcl rb">88</td> <td class="tcc rb">91.6</td> <td class="tcc rb">84.1</td> <td class="tcc rb">75.8</td></tr>
+<tr><td class="tcc lb rb bb">1905</td> <td class="tcl rb bb">77.2</td> <td class="tcl rb bb">77</td> <td class="tcc rb bb">74.9</td> <td class="tcc rb bb">72.1</td> <td class="tcc rb bb">71.2</td></tr>
+</table>
+
+<p>These estimates are the averages of separate estimates which
+are published for the states of North Carolina, South Carolina,
+Georgia, Florida, Alabama, Mississippi, Louisiana, Texas,
+Arkansas, Tennessee. The official figures are supplemented
+from time to time by numerous private forecasts, for instance
+those in &ldquo;Neild&rsquo;s circular.&rdquo; Ellison, in his work on the cotton
+trade of Great Britain, traces in detail the increase in the volume
+of information collected and made public. At the close of the
+18th century there was a tacit understanding among brokers to
+supply one another with information. There were no printed
+circulars, except the monthly prices current of all kinds of
+produce, but brokers used to send particulars of business done
+to their customers in letters. These letters were the origin of
+circulars. Messrs Ewart and Rutson pioneered in 1805 by
+issuing a weekly account of the sales and imports of cotton, and
+three years later three such circulars were on the market, though
+Hope&rsquo;s alone was confined to cotton. For the first associated
+circular of any importance, the market had to wait until 1832.
+The issue of this circular by subscribing firms, on the basis of
+particulars collected by brokers appointed at a weekly meeting,
+gave rise in 1841 to the Cotton Brokers&rsquo; Association, to which the
+development of the market by the systematizing of procedure is
+largely due. The rest of the tale may be told in Mr Ellison&rsquo;s own
+words:&mdash;</p>
+
+<div class="condensed">
+<p>&ldquo;Down to 1864 the leading firms continued to issue weekly market
+reports, but in that year the association commenced the publication
+of an associated circular. This was followed in the same year by
+the <i>Daily Table</i> of sales and imports, which in 1874 was succeeded
+by the present more complete <i>Daily Circular</i>. To these publications
+were at various times added the annual report, issued in December,
+the American crop report, issued in September, and the daily advices
+by cable from America, issued every morning.&rdquo;<a name="FnAnchor_5b" id="FnAnchor_5b" href="#Footnote_5b"><span class="sp">5</span></a></p>
+</div>
+
+<p>We shall now enter upon a detailed analysis of &ldquo;forward&rdquo;
+operations. The term &ldquo;futures&rdquo; is used broadly and narrowly:
+broadly it is a generic term denoting &ldquo;futures&rdquo; in the
+narrow sense, and also &ldquo;options&rdquo; and &ldquo;straddles&rdquo;;
+<span class="sidenote">Futures.</span>
+narrowly it implies merely contracts for future delivery at a price
+fixed in the present. Again we must distinguish between the
+&ldquo;future&rdquo; contracts for the delivery of a particular kind of cotton,
+which may be entered into by spinners and their brokers, and
+are real purchases in the sense that the spinners want delivery
+of the cotton referred to, and the &ldquo;futures,&rdquo; which always relate
+<span class="pagenum"><a name="page270" id="page270"></a>270</span>
+to the same grade of cotton, and are drawn up according to certain
+forms and circulate on the exchange as media for the shifting
+of risks connected with purchase and sale. The latter are not
+&ldquo;real&rdquo; purchases in the sense given to that term above, but
+fictitious because delivery of the cotton is not desired. It will no
+doubt aid the understanding of the functions of the latter if some
+explanation is offered of the needs met by the former, which are
+sometimes known technically as &ldquo;deferred deliveries.&rdquo;</p>
+
+<p>When a spinner is required to quote prices of yarn for delivery
+in the future he is fixed on the horns of a dilemma. If he does not
+at once buy cotton, but quotes on the assumption that
+price will remain steady, he may be involved in serious
+<span class="sidenote">The spinner&rsquo;s risks.</span>
+loss through his estimate being mistaken. If he determines
+to buy cotton at once, others who risk more,
+and trust their judgment of the future, may secure the contract.
+On first thoughts it would seem desirable that all spinners should
+buy cotton outright to cover their contracts, but on second
+thoughts the social disadvantage of their doing so becomes
+apparent. Much buying might take place when stocks were
+scanty, with the result that prices would be needlessly forced
+up; and when stocks were plentiful demand might be weak and
+prices, therefore, be unduly depressed. It is evident that the
+buying of cotton on the principles suggested would be calculated
+to cause great unsteadiness of prices, especially as cotton is
+not continuously forthcoming, but is produced periodically in
+harvests. Demands for yarn cannot be expected to come always
+at the most favourable time socially for the distribution of the
+cotton. One way out of the difficulty is that the spinner should
+exercise his judgment and buy his raw material at what seems to
+him the most suitable times. But to this course there are three
+objections. The first is that spinners would be performing the two
+functions of industrial management and cotton buying (together
+with others perhaps), and that in consequence the best industrial
+men would not necessarily be able to maintain their position in
+the trade because as buyers of cotton they might be unfortunate.
+The second is that spinners being required to give attention to
+two distinct classes of problems would be less likely as a body
+to become complete masters of either. The third, which is not
+distinct in principle from the two preceding, is that such limited
+speculation in cotton buying on the part of spinners worried with
+other matters would not be likely to steady the cotton market in
+any high degree. It may be assumed as desirable that the demand
+for cotton should be so spread as to keep its price as steady as
+possible&mdash;&ldquo;steadiness&rdquo; will be defined more exactly later&mdash;and
+that to this end it is essential that specialists should devote
+themselves to the task of spreading it. Such specialists have
+appeared in the cotton brokers and dealers who make their living
+out of bearing the risks connected with anticipating demand and
+supply in relation to cotton. To-day a spinner who is asked to
+quote for deliveries of yarn for, say, the next six months, may
+obtain from a broker quotations for deliveries of the cotton that
+he needs, in quantities as he needs it, for the next six months, and
+upon these quotations he may base his own for yarn. If a spinner
+is pressed by a shipper to make quotations with refusal for two or
+three days to give time for business to be settled by cable, it is
+evidently not impossible for the spinner to shift the risk involved
+by getting in turn from his broker refusal quotations for cotton.
+But spinners do not try always to take the safest course.</p>
+
+<p>Now it is evident that brokers in turn require some means of
+passing on the risks that they are bearing, or some portion of them
+from one to another, or of sharing them with other
+market experts, as they find themselves overburdened,
+<span class="sidenote">Method of distributing risks.</span>
+and as their judgment of the situation changes. The
+means have been provided in the &ldquo;futures&rdquo; which
+circulate on the Cotton Exchange. The risks of anticipating are
+carried by those who create or hold &ldquo;futures&rdquo; without a hedge.
+In order to facilitate business, &ldquo;futures&rdquo; are all drawn in the
+same unit (100 bales), and are all based on the same class of
+cotton, namely Upland cotton of middling grade of &ldquo;no
+staple&rdquo; (<i>i.e.</i> with a fibre of about ¾ in.) and of the worst growth.
+American cotton, we may remind the reader, is graded into a
+number of classes, both on the Liverpool and New York Exchanges,
+and an attempt is made in each market to keep the
+grades as fixed as possible. But what, it may be inquired, is the
+value of &ldquo;futures&rdquo; relating to &ldquo;middling&rdquo; cotton to a broker
+whose contracts with spinners are not in &ldquo;middling&rdquo; cotton?
+The answer is that though the ratios between the prices of the
+various grades alter, the prices of all of them move generally
+together, and that the &ldquo;futures&rdquo; of the Exchange at least
+provide a hedge against the latter movements. Other things
+being equal, the broker would be better off if he could hedge
+with equal ease against all his risks. But other things are not
+equal: the market would be more confusing and quotations
+would be complicated if &ldquo;futures&rdquo; were in use for all grades.</p>
+
+<p>We may now examine the exchange &ldquo;futures&rdquo; in minuter
+detail. They are quoted as a rule for about ten months ahead.
+Thus in January the futures quoted will be January
+(technically termed &ldquo;current,&rdquo; &ldquo;present month&rdquo; or
+<span class="sidenote">Characteristics of &ldquo;futures.&rdquo;</span>
+&ldquo;near month,&rdquo; &ldquo;futures&rdquo;), January-February,
+February-March, March-April, April-May, May-June,
+June-July, July-August, and perhaps two or three more.
+Each group, it will be observed, except &ldquo;current futures,&rdquo;
+culminates in two defined months. The rule is that on the first
+of the two months the seller of &ldquo;futures&rdquo; may, and before the
+last day of the second month must, deliver cotton against them,
+or, what comes to the same thing, buy back the &ldquo;futures&rdquo; on the
+basis of the price of &ldquo;spot&rdquo; cotton of middling grade. Various
+grades of cotton are tenderable against &ldquo;futures&rdquo;: if this were
+not so &ldquo;futures&rdquo; would be in danger of defeating their object,
+because the price of the grade upon which they were founded
+would probably at times be thrown widely out of relation to the
+general level of prices in the cotton market. The lowest grade
+tenderable used to be &ldquo;low middling,&rdquo; but since October 1901
+&ldquo;good ordinary&rdquo; has also been accepted. Arbitrators report on
+deliveries and award allowances on those of grades above
+&ldquo;middling&rdquo; and deductions of price from those below. A
+sample is taken from each bale and the &ldquo;points on or off&rdquo;
+are fixed for each bale separately. If either party is dissatisfied
+with the award, he may appeal to an appeals committee on
+paying £3:3:0: which is refunded to him by the other party
+if the appeal be upheld. The detailed arrangements described
+above are those of the Liverpool market. The great bulk of
+&ldquo;futures,&rdquo; however, are bought back and not delivered against.</p>
+
+<p>Beneath are the official Liverpool quotations of
+<span class="sidenote">Quotations.</span>
+&ldquo;futures,&rdquo; as they appeared on the morning of the
+19th of April 1906:&mdash;</p>
+
+<p class="center pt2"><i>American Deliveries, any port, basis of middling, good ordinary
+clause (the fractions are given in 100ths of a penny).</i></p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Yesterday&rsquo;s<br />Close.</td>
+ <td class="tccm allb">To-day&rsquo;s Early Sales.</td> <td class="tccm allb">Values<br />12.15.</td></tr>
+
+<tr><td class="tcl lb rb">April</td> <td class="tcc rb">6.05</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">6.03</td></tr>
+<tr><td class="tcl lb rb">April-May</td> <td class="tcc rb">6.05</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">6.03</td></tr>
+<tr><td class="tcl lb rb">May-June</td> <td class="tcc rb">6.05</td> <td class="tcl rb">6.06, 5, 4, 3, 2, 1, 2, 3</td> <td class="tcc rb">6.03</td></tr>
+<tr><td class="tcl lb rb">June-July</td> <td class="tcc rb">6.05</td> <td class="tcl rb">6.05, 2,* 3</td> <td class="tcc rb">6.03</td></tr>
+<tr><td class="tcl lb rb">July-August</td> <td class="tcc rb">6.04</td> <td class="tcl rb">6.05, 4, 3, 2</td> <td class="tcc rb">6.03</td></tr>
+<tr><td class="tcl lb rb">Aug.-Sept.</td> <td class="tcc rb">5.98</td> <td class="tcl rb">5.99, 8, 6</td> <td class="tcc rb">5.97</td></tr>
+<tr><td class="tcl lb rb">Sept.-Oct.</td> <td class="tcc rb">5.34</td> <td class="tcl rb">5.85, 4</td> <td class="tcc rb">5.84</td></tr>
+<tr><td class="tcl lb rb">Oct.-Nov.</td> <td class="tcc rb">5.76</td> <td class="tcl rb">5.77, 6</td> <td class="tcc rb">5.76</td></tr>
+<tr><td class="tcl lb rb">Nov.-Dec.</td> <td class="tcc rb">5.75</td> <td class="tcl rb">5.75, 4*</td> <td class="tcc rb">5.75</td></tr>
+<tr><td class="tcl lb rb">Dec.-Jan.</td> <td class="tcc rb">5.74</td> <td class="tcl rb">5.75*</td> <td class="tcc rb">5.75</td></tr>
+<tr><td class="tcl lb rb bb2">Jan.-Feb.</td> <td class="tcc rb bb2">5.75</td> <td class="tcl rb bb2">5.75*</td> <td class="tcc rb bb2">5.75</td></tr>
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb" colspan="2">Late Business.</td>
+ <td class="tccm allb">Closing<br />Values.</td></tr>
+
+<tr><td class="tcl lb rb">April</td> <td class="tcl rb" colspan="2">6.03*</td> <td class="tcc rb">5.98</td></tr>
+<tr><td class="tcl lb rb">April-May</td> <td class="tcl rb" colspan="2">6.03</td> <td class="tcc rb">5.98</td></tr>
+<tr><td class="tcl lb rb">May-June</td> <td class="tcl rb" colspan="2">6.03, 4, 3, 2, 1, 2, 0</td> <td class="tcc rb">5.99</td></tr>
+<tr><td class="tcl lb rb">June-July</td> <td class="tcl rb" colspan="2">6.04, 3, 2</td> <td class="tcc rb">5.99</td></tr>
+<tr><td class="tcl lb rb">July-Aug.</td> <td class="tcl rb" colspan="2">6.03, 4, 3, 2, 1, 0,* 1, 2,* 1, 0</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcl rb" colspan="2">&emsp;5.99, 6.0,* 5.99, 6.0, 5.99, 8</td> <td class="tcc rb">5.98</td></tr>
+<tr><td class="tcl lb rb">Aug.-Sept.</td> <td class="tcl rb" colspan="2">5.98,* 6, 5, 4, 5</td> <td class="tcc rb">5.92</td></tr>
+<tr><td class="tcl lb rb">Sept.-Oct.</td> <td class="tcl rb" colspan="2">5.84, 2*</td> <td class="tcc rb">5.78</td></tr>
+<tr><td class="tcl lb rb">Oct.-Nov.</td> <td class="tcl rb" colspan="2">5.76,* 5,* 4, 3, 4, 3,* 2, 1, 0</td> <td class="tcc rb">5.70</td></tr>
+<tr><td class="tcl lb rb">Nov.-Dec.</td> <td class="tcl rb" colspan="2">5.70*</td> <td class="tcc rb">5.69</td></tr>
+<tr><td class="tcl lb rb">Dec.-Jan.</td> <td class="tcl rb" colspan="2">5.72, 1, 2*</td> <td class="tcc rb">5.69</td></tr>
+<tr><td class="tcl lb rb bb">Jan.-Feb.</td> <td class="tcl rb bb" colspan="2">&nbsp;</td> <td class="tcc rb bb">5.69</td></tr>
+
+<tr><td class="tcl f80" colspan="4">* Transactions of 100 bales only.</td></tr>
+</table>
+
+<p><span class="pagenum"><a name="page271" id="page271"></a>271</span></p>
+
+<p class="center pt2"><i>Egyptian Deliveries, fully good fair (in 64ths of a penny).</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Yesterday&rsquo;s<br />Close.</td>
+ <td class="tccm allb">Business<br />before Noon.</td> <td class="tccm allb">To-day&rsquo;s<br />Business<br />Afternoon.</td>
+ <td class="tccm allb">Closing<br />Values.</td></tr>
+
+<tr><td class="tcl lb rb">April</td> <td class="tcr rb">10-11</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">10-1&ensp;</td></tr>
+<tr><td class="tcl lb rb">May</td> <td class="tcr rb">10-12</td> <td class="tcl rb">9-62, 3, 10-0</td> <td class="tcc rb">10-2*</td> <td class="tcr rb">10-1&ensp;</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcl rb">9-63, 2, 10-0</td> <td class="tcc rb">&nbsp;</td> <td class="tcr rb">&ensp;</td></tr>
+<tr><td class="tcl lb rb">June</td> <td class="tcr rb">10-11</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">10-0&nbsp;</td></tr>
+<tr><td class="tcl lb rb">July</td> <td class="tcr rb">10-9&ensp;</td> <td class="tcl rb">9-60, 1, 0*</td> <td class="tcc rb">9-63,* 10-0,*</td> <td class="tcr rb">9-62</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">9-63, 2</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">Aug.</td> <td class="tcr rb">10-0&ensp;</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">9-54</td></tr>
+<tr><td class="tcl lb rb">Sept.</td> <td class="tcr rb">9-58</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">9-48</td></tr>
+<tr><td class="tcl lb rb">Oct.</td> <td class="tcr rb">9-24</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">9-18</td></tr>
+<tr><td class="tcl lb rb">Nov.</td> <td class="tcr rb">8-58</td> <td class="tcl rb">8-52,* 0, 49</td> <td class="tcc rb">· ·</td> <td class="tcr rb">8-52</td></tr>
+<tr><td class="tcl lb rb">Dec.</td> <td class="tcr rb">8-50</td> <td class="tcl rb">8-39*</td> <td class="tcc rb">· ·</td> <td class="tcr rb">8-42</td></tr>
+<tr><td class="tcl lb rb bb">Jan.</td> <td class="tcr rb bb">8-44</td> <td class="tcl rb bb">8-36</td> <td class="tcc rb bb">· ·</td> <td class="tcr rb bb">8-35</td></tr>
+
+<tr><td class="tcl f80" colspan="5">* Transactions of 100 bales only.</td></tr>
+</table>
+
+<p>Egyptian futures, it will be observed, run out in single months.
+As the cost of dealing in &ldquo;futures&rdquo; is only one shilling on each
+transaction for a member of the Cotton Exchange (the outsider is
+charged in addition a commission by his broker), it is not surprising
+that the transactions taking place in &ldquo;futures&rdquo; number
+legion.</p>
+
+<p>The methods of dealing in cotton are very intricate, and it is
+necessary here to interpolate an explanation of the relations
+between the prices paid by spinners for cotton and the quoted
+&ldquo;spot&rdquo; prices. We begin by giving the official quotations of
+&ldquo;spot,&rdquo; and statement of business done, published on the
+morning of the 19th of April 1906.</p>
+
+<table class="nobctr" style="width: 90%;" summary="Contents">
+<tr><td class="tcc" colspan="7"><i>Quotations.</i></td></tr>
+<tr><td class="tcl">&nbsp;</td> <td class="tcc">G.O.</td> <td class="tcc">L.M.</td> <td class="tcc">Mid.</td> <td class="tcc">G.M.</td> <td class="tcc">F.G.M.</td> <td class="tcc">M.F.</td></tr>
+<tr><td class="tcl">American</td> <td class="tcc">5.87</td> <td class="tcc">6.05</td> <td class="tcc">6.21</td> <td class="tcc">6.41</td> <td class="tcc">6.49</td> <td class="tcc">6.71</td></tr>
+</table>
+
+<div class="pt1">&nbsp;</div>
+
+<table class="nobctr" style="width: 70%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcl">Mid Fair.</td> <td class="tcl">Fair.</td> <td class="tcl">Gd. Fair.</td></tr>
+<tr><td class="tcl">Pernam</td> <td class="tcl">5.95</td> <td class="tcl">6.35</td> <td class="tcl">6.61</td></tr>
+<tr><td class="tcl">Ceara</td> <td class="tcl">6.02</td> <td class="tcl">6.40</td> <td class="tcl">6.62</td></tr>
+<tr><td class="tcl">Paraiba</td> <td class="tcl"> 5.94</td> <td class="tcl">6.32</td> <td class="tcl">6.56</td></tr>
+<tr><td class="tcl">Maceio</td> <td class="tcl">5.96n</td> <td class="tcl">6.34n</td> <td class="tcl">6.56n</td></tr>
+</table>
+
+<div class="pt1">&nbsp;</div>
+
+<table class="nobctr" style="width: 80%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcl">Fair.</td> <td class="tcl">Gd. Fair.</td> <td class="tcl">F.G.F.</td> <td class="tcl">Good.</td> <td class="tcl">Fine.</td></tr>
+
+<tr><td class="tcl">Egyptian br&rsquo;n</td> <td class="tcl">8<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl">9<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl">10<span class="spp">1</span>&frasl;<span class="suu">4</span></td> <td class="tcl">11</td> <td class="tcl">11<span class="spp">5</span>&frasl;<span class="suu">8</span></td></tr>
+<tr><td class="tcl">Egyptian Upper</td> <td class="tcl">9<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl">&ensp;9<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcl">&ensp;9<span class="spp">7</span>&frasl;<span class="suu">8</span>n</td> <td class="tcl">10n</td></tr>
+</table>
+
+<div class="pt1">&nbsp;</div>
+
+<table class="nobctr" style="width: 90%;" summary="Contents">
+
+<tr><td class="tcl">&nbsp;</td> <td class="tcl">Gd. Fr.</td> <td class="tcl">F.G.F.</td> <td class="tcl">Gd.</td> <td class="tcl">G.F.</td> <td class="tcl">Fine.</td> <td class="tcl">S&rsquo;fine.</td></tr>
+<tr><td class="tcl">M. G. Broach.</td> <td class="tcl">&ensp;· ·</td> <td class="tcl">&ensp;· ·</td> <td class="tcl">5<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl">5<span class="spp">19</span>&frasl;<span class="suu">32</span></td> <td class="tcl">5<span class="spp">3</span>&frasl;<span class="suu">4</span></td> <td class="tcl">&ensp;· ·</td></tr>
+<tr><td class="tcl">Bhownuggar</td> <td class="tcl">4<span class="spp">9</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">11</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">13</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">15</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">5<span class="spp">1</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">&ensp;· ·</td></tr>
+<tr><td class="tcl">No. 1 Comra</td> <td class="tcl">4<span class="spp">9</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">11</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">13</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">4<span class="spp">15</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">5<span class="spp">1</span>&frasl;<span class="suu">16</span>n</td> <td class="tcl">&ensp;· ·</td></tr>
+<tr><td class="tcl">Bengal</td> <td class="tcl">3<span class="spp">25</span>&frasl;<span class="suu">32</span></td> <td class="tcl">3<span class="spp">29</span>&frasl;<span class="suu">32</span></td> <td class="tcl">4<span class="spp">1</span>&frasl;<span class="suu">32</span></td> <td class="tcl">4<span class="spp">5</span>&frasl;<span class="suu">32</span></td> <td class="tcl">4<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl">4¼</td></tr>
+<tr><td class="tcl">Tinnevelly</td> <td class="tcl">5¼</td> <td class="tcl">5<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl">5<span class="spp">9</span>&frasl;<span class="suu">16</span></td> <td class="tcl">&ensp;· ·</td> <td class="tcl">&ensp;· ·</td> <td class="tcl">&ensp;· ·</td></tr>
+</table>
+
+
+<p class="center pt2"><i>Cotton Ships arrived.</i><br />
+ Boston: Canadian S. Hamburg: Iceland S.</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb" rowspan="2">&nbsp;</td> <td class="tccm allb" colspan="2">Sales.</td>
+ <td class="tccm allb" colspan="2">Speculation<br />and Export.</td> <td class="tccm allb" colspan="2">Imports including<br />Hull, &amp;c.</td></tr>
+
+<tr><td class="tccm allb">To-day.</td> <td class="tccm allb">Previous<br />this<br />Week.</td>
+ <td class="tccm allb">To-day.</td> <td class="tccm allb">Previous<br />this<br />Week.</td>
+ <td class="tccm allb">To-day.</td> <td class="tccm allb">Week&rsquo;s<br />Total.</td></tr>
+
+<tr><td class="tcl lb rb">American</td> <td class="tcr rb">6330</td> <td class="tcr rb">18,050</td> <td class="tcr rb">500</td> <td class="tcr rb">1500</td> <td class="tcr rb">17,665</td> <td class="tcr rb">53,684</td></tr>
+<tr><td class="tcl lb rb">Pernam, &amp;c.</td> <td class="tcr rb">150</td> <td class="tcr rb">200</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Paraiba, &amp;c.</td> <td class="tcr rb">460</td> <td class="tcr rb">130</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">2</td></tr>
+<tr><td class="tcl lb rb">Ceara and Arac&rsquo;ty</td> <td class="tcc rb">· ·</td> <td class="tcr rb">30</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Egyptian</td> <td class="tcr rb">500</td> <td class="tcr rb">1200</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">321</td> <td class="tcr rb">7,983</td></tr>
+<tr><td class="tcl lb rb">Peruvian</td> <td class="tcr rb">460</td> <td class="tcr rb">350</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">32</td> <td class="tcr rb">32</td></tr>
+<tr><td class="tcl lb rb">W. I. and African</td> <td class="tcr rb">50</td> <td class="tcr rb">20</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Surat</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">3,664</td> <td class="tcr rb">3,829</td></tr>
+<tr><td class="tcl lb rb">Madras</td> <td class="tcr rb">50</td> <td class="tcr rb">20</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Bengal</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">608</td> <td class="tcr rb">608</td></tr>
+<tr><td class="tcl lb rb">Sundries</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td></tr>
+
+<tr><td class="tcc lb rb">Total</td> <td class="tcr rb">8000</td> <td class="tcr rb">20,000</td> <td class="tcr rb">500</td> <td class="tcr rb">1500</td> <td class="tcr rb">2,290</td> <td class="tcr rb">66,138</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb bb">8,000</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb bb">500</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+
+<tr><td class="tcl lb rb bb">Since Wednesday</td> <td class="tcr rb bb">&nbsp;</td> <td class="tcr rb bb">28,000</td> <td class="tcr rb bb">&nbsp;</td> <td class="tcr rb bb">2000</td> <td class="tcl rb bb">&nbsp;</td> <td class="tcl rb bb">&nbsp;</td></tr>
+</table>
+
+<p>Purchases for &ldquo;speculation&rdquo; remain in the market and
+therefore figure again in the sales. These official prices are
+sometimes prices actually paid, and sometimes prices settled by
+a committee according to their notions of the prices that would
+<span class="sidenote">&ldquo;Points on or off.&rdquo;</span>
+have been realized at the close of the market had business been
+done. The work of the committee is by no means
+simple, as frequently very few transactions take place
+in the kinds of cotton of which quotations are given. As
+regards &ldquo;middling&rdquo; American, the committee fixes &ldquo;spot&rdquo; by
+allowing so many &ldquo;points on or off&rdquo; present month futures. The
+variations of the gaps between &ldquo;spot&rdquo; and &ldquo;present month
+futures&rdquo; are somewhat mysterious, a matter to which we shall
+recur. &ldquo;Spot&rdquo; quotations, the reader will now understand, are
+partly nominal, and must therefore be taken as affording a
+general idea only of movements in the prices of cotton. While
+quoted &ldquo;spot&rdquo; remained low, the prices paid by most spinners
+for the special kinds of cotton that they needed might rise.
+When the spinner has informed the dealer exactly what quality of
+cotton he needs, the dealer quotes so many &ldquo;points on or off&rdquo;
+the &ldquo;future&rdquo; quotations prevailing in Liverpool at the time of
+the purchase, which refer to Upland cotton of &ldquo;middling grade,&rdquo;
+of &ldquo;no staple&rdquo; and of the worst growth. Then, according as the
+spinner wants immediate delivery or delivery in some future
+month, he pays the price of current &ldquo;futures,&rdquo; or of &ldquo;futures&rdquo;
+of the month in which he requires delivery, plus or minus the
+&ldquo;points on or off&rdquo; previously fixed.</p>
+
+<p>The considerations which determine the &ldquo;points on or off&rdquo;
+charged to the spinner may be taken roughly as three:&mdash;</p>
+
+<p>1. The grade, <i>i.e.</i> the colour, cleanliness, &amp;c., of the cotton.
+These are of importance to the spinner owing to the necessity of
+his cleaning machinery being adapted to the condition of the
+cotton. The lower the grade the more elaborate and expensive is
+the machinery required to clean it, and consequently a spinner is
+willing to pay a certain amount extra for high grade cotton in
+order to save expenditure on preparatory machinery.</p>
+
+<p>2. The length of the staple. This determines to a large extent
+the fineness of the yarn which can be spun. Only the very
+lowest counts can be spun from cotton with &ldquo;no staple,&rdquo; that is,
+with a fibre of about three-quarters of an inch. The longer the
+staple above the minimum the higher the counts that can
+be spun.</p>
+
+<p>3. The growth. The best American cotton (Sea Island and
+Florida cotton are always considered quite apart) is grown in the
+Mississippi valley, the next best in Texas, and the poorest on the
+Uplands (<i>i.e.</i> in Georgia and Alabama). Considerations of
+growth determine to a great extent the hardness or softness, and
+strength or weakness, of the fibre, and thus, indirectly, whether
+the cotton is suitable for warp or weft.</p>
+
+<p>Some spinners cover their yarn contracts merely by buying
+&ldquo;futures,&rdquo; but the cover thus provided is
+frequently most inadequate owing to variations
+in the &ldquo;points on or off&rdquo; for the particular
+cotton that they want. For example, after the
+size of 1904-1905 crops became known, and the
+Americans attempted to hold back cotton, the
+&ldquo;points on&rdquo; for many qualities rose considerably
+owing to artificial scarcity, though the price
+of cotton, as indicated by &ldquo;spot,&rdquo; remained
+low. There is a tendency for cautious spinners
+in England to run no risks and fix the prices
+of their yarn in accordance with quotations for
+actual cotton of specified qualities made by
+their brokers.</p>
+
+<p>We now return to exchange &ldquo;future&rdquo; transactions
+regarded as a genus. In addition to
+&ldquo;futures&rdquo; proper there are &ldquo;options&rdquo;
+and &ldquo;straddles.&rdquo; Options are single
+(&ldquo;puts&rdquo; or &ldquo;calls&rdquo;) or double (that
+<span class="sidenote">&ldquo;Options&rdquo; and &ldquo;straddles.&rdquo;</span>
+is, alternative &ldquo;puts&rdquo; or &ldquo;calls&rdquo;).
+The &ldquo;put&rdquo; is a right to sell cotton within some
+specified time in the future at a price fixed in the
+present, which need not, of course, be exercised. The &ldquo;call&rdquo; is
+similar, but relates to buying. It will be evident that the &ldquo;put&rdquo;
+is a hedge against prices falling, and the &ldquo;call&rdquo; a hedge against
+their rising. The basis of &ldquo;options&rdquo; is the same as that of
+<span class="pagenum"><a name="page272" id="page272"></a>272</span>
+ordinary &ldquo;futures,&rdquo; <i>i.e.</i> middling American cotton of &ldquo;no staple,&rdquo;
+&amp;c. Whether the purchaser of an option gains or loses depends
+upon the price that he has paid in relation to the gain, if any, that
+he makes out of his power. The price of options of course
+varies: that of double options is always highest, but they are
+little used. A &ldquo;straddle&rdquo; is a speculation on the difference
+between the prices of nearer and more distant futures, which
+varies from time to time, or on the difference between the prices
+of different kinds of cotton. An example will make the nature of
+the straddle clear. Suppose a dealer buys April-May &ldquo;futures&rdquo;
+at 4d. a &#8468; and sells the same quantity of May-June
+&ldquo;futures&rdquo; at 4<span class="spp">10</span>&frasl;<span class="suu">64</span>d. a &#8468;. Then, whether prices rise or fall
+as a whole, he gains if the difference between the two prices becomes
+less than <span class="spp">10</span>&frasl;<span class="suu">64</span>d., but if it becomes more, he loses. On
+the other hand, had the dealer bought May-June at 4<span class="spp">10</span>&frasl;<span class="suu">64</span>d.
+and sold April-May at 4d. he would have gained in the event of
+the difference increasing, and lost in the event of its decreasing.</p>
+
+<p>A question which has met with a good deal of attention is
+whether the speculation, which has been encouraged by the
+various arrangements made for facilitating operations
+in &ldquo;futures,&rdquo; has steadied or unsteadied prices.
+<span class="sidenote">Measures of steadiness in prices.</span>
+Before we are prepared to answer this question we must
+be furnished with a precise conception of what is meant
+by &ldquo;steadiness&rdquo; in prices. It is sometimes assumed that this is
+measured perfectly by the standard deviation,<a name="FnAnchor_6b" id="FnAnchor_6b" href="#Footnote_6b"><span class="sp">6</span></a> which is obtained
+by taking the squares of the differences between the average and
+the individual prices, summing them and extracting the square
+root. But obviously the information given by the standard deviation
+is limited: the frequency of movement cannot be inferred
+from it; two series might have quite different average oscillations
+and yet the same standard deviation; and the range of movement,
+or spread of the variations from the average price (though allowed
+for in the standard deviation more than in the average error), is
+hidden. Now frequency of movement, average daily price
+variation, and range of price movements are matters of fundamental
+importance to the public. Hence for practical purposes
+we require several kinds of measurement of price movements, and
+it is impossible to weigh exactly the one against the other in
+respect of importance. Observe that an increase of the frequency
+of movement, or even of the average daily movement, is not
+necessarily objectionable, since changes are less harassing when
+they take place by small increments than when they are brought
+about by a few big variations. The difference between the
+highest and lowest price, we may observe, is a very imperfect
+indication of the range of movement (though, taken in conjunction
+with the standard deviation, it is the best at our disposal),
+because either of the extreme prices might be accidental and
+quite out of relation to all others. An investigator must be on
+his guard against using quotations of this kind. There is also a
+difficulty about the frequency of movement, because as a rule
+many movements take place in one day the total over a period
+sufficiently lengthy to yield general results is enormous, and many
+are unrecorded. In one day, for instance, when the net drop was
+33 points and the range of variation 59 points (namely, 8.45 to
+7.86), 150 price fluctuations were recorded. However, the count
+of frequency of movement from daily closing prices would probably
+afford a roughly satisfactory comparative measurement in
+markets in which prices sometimes remain the same for a day or
+two together. The points just noted apply also to the average
+fluctuation and the standard deviation, but it is probable in these
+cases that daily or even weekly quotations would be sufficient to
+yield the information sought for with sufficient exactness for
+purposes of comparison.</p>
+
+<p>Now, supposing dealing to be confined to experts, what
+effects upon the course of prices would one expect from the
+specialism of the cotton market and improved facilities
+for dealing, on the assumption that dealers were
+<span class="sidenote">Effect of speculation on steadiness of prices.</span>
+governed wholly in their actions by the course of prices
+and never tried to manipulate them? The frequency
+of movement ought to increase because the market
+would become more sensitive, but, other things being equal, the
+range of movement ought to diminish, and ultimately the average
+daily movement also, though at first the latter might not fall
+appreciably if, indeed, it did not rise, owing to the increased
+frequency of movement. These results would prove beneficial to
+the community. May we infer deductively that they have been
+attained because of the increase of speculative transactions?
+By no means, and for two reasons. In the first place, the public
+speculates to a large extent on the cotton exchange, and its
+speculation (taken as a whole) is sheer gambling. But, it may be
+replied, the outsiders, being as a whole completely ignorant of the
+forces at work, so that they cannot form rational anticipations,
+cannot have any effect either way: by the law of chance their
+influences would neutralize one another. This would be so if
+people acted independently and without guidance, but actually
+they are sometimes misled by published advice and movements in
+the market intended to deceive them, and, even when they are not,
+they watch each other&rsquo;s attitudes and tend to act as a crowd.
+The mass becomes unduly sanguine or weakly surrenders to
+panic. Hence the law of error does not apply, and speculation by
+the public may unsteady prices. Again, dealers sometimes try to
+create corners and form powerful syndicates for that purpose: the
+dealing syndicate of late years has become a force to be reckoned
+with. Many large-scale operations are entered into, not because
+prices are relatively high or low, but to make them high or low for
+ulterior purposes; <i>i.e.</i> the market is deliberately &ldquo;bulled or
+beared.&rdquo; In consequence of this tampering with the market no
+certainty can be felt about the effect even of expert dealing.</p>
+
+<p>What, then, we may profitably inquire next, has actually
+happened to price movements generally as the market has
+developed? This question can readily be answered as
+regards the past forty years or so, for which material
+<span class="sidenote">Movement of prices.</span>
+has been collected, but the reader must bear in mind
+that if improvement can be traced it cannot logically be attributed
+unhesitatingly to the perfecting of the machinery of speculation,
+whereby a larger use has been made of &ldquo;futures,&rdquo; since many
+other economic changes have taken place concomitantly and they
+may have wrought the major effect. The world may be steadying
+and steeling its nerves. Now, turning to the actual effects, we
+discover somewhat remarkable facts. Expressed both absolutely
+and as percentages of the price averaged from the 1st of October
+to the 31st of July, the range of movement, standard deviation,
+and mean weekly movement calculated between the times
+mentioned above (October 1st to July 31st), after diminishing
+significantly for some years after the later &rsquo;sixties, have risen
+appreciably on the whole of late years. The figures in the table
+below are from the <i>Journal of the Royal Statistical Society</i>, June
+1906: quotations for August and September were omitted to
+avoid the transition movements between the price levels of
+two crops.</p>
+
+<p>In this table measurements of price movements stated both
+absolutely and as percentages of price levels are given, because
+authorities have expressed doubts as to whether the former or the
+latter might be expected to remain constant, other things being
+equal, when price rose. On the one hand, it is argued that
+speculators are affected only by the absolute variations in price,
+while on the other hand it is contended that a movement of one
+&ldquo;point,&rdquo; say, is less influential when the price is about 8d. than
+when it is about 4d. In response to the first view it might be
+argued that if speculators are influenced only by the differences
+for which they become liable, a &ldquo;point&rdquo; movement would have a
+somewhat slighter effect on their action, other things being equal,
+when price was high, because, supplies being relatively short,
+each of them would tend to be engaged in a smaller volume of
+transactions measured in quantity of cotton, than when supplies
+were larger. But the point need not be discussed further here,
+since both percentage and absolute indices of unsteadiness have
+risen of late years. The explanation of this change in the
+direction of indices of steadiness cannot be proved to consist in
+any peculiarity in the supplies of recent years. But the dealing
+syndicate has probably been of late more common and more
+powerful&mdash;that is, the syndicate which exists to make profits out
+<span class="pagenum"><a name="page273" id="page273"></a>273</span>
+of manipulating the market&mdash;and the public has probably been
+speculating increasingly. It is plausible, then, to suppose that
+the dealing syndicate primarily, and the speculations of the
+public secondarily (secondarily, because in all likelihood the
+effect of its operation would be much less in magnitude), may
+account for the change.</p>
+
+<p class="center pt2">Table calculated from Weekly Prices between the 1st of October and the 31st of July in each Year.</p>
+
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" colspan="7">&nbsp;</td>
+ <td class="tccm allb" colspan="3">Expressed as Percentage of<br />Average (1 Oct. to 31 July)<br />Weekly Prices.</td></tr>
+
+<tr><td class="tccm allb">Year.</td> <td class="tccm allb">Average<br />Price.</td>
+ <td class="tccm allb">Lowest<br />Price.</td> <td class="tccm allb">Highest<br />Price.</td>
+ <td class="tccm allb">Range of<br />Movement.</td> <td class="tccm allb">Standard<br />Deviation.</td>
+ <td class="tccm allb">Mean<br />Weekly<br />Movement.</td> <td class="tccm allb">Range of<br />Movement.</td>
+ <td class="tccm allb">Standard<br />Deviation.</td> <td class="tccm allb">Mean<br />Weekly<br />Movement.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td> <td class="tcc rb">d.</td></tr>
+<tr><td class="tcl lb rb">1867-1868</td> <td class="tcl rb">&ensp;9<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">7<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">12<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">5½</td> <td class="tcc rb">1.74</td> <td class="tcc rb">0.31</td> <td class="tcc rb">57.1</td> <td class="tcc rb">18.1</td> <td class="tcc rb">3.22</td></tr>
+<tr><td class="tcl lb rb">1868-1869</td> <td class="tcl rb">11½</td> <td class="tcl rb">10½</td> <td class="tcl rb">12<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">2<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.58</td> <td class="tcc rb">0.19</td> <td class="tcc rb">18.5</td> <td class="tcc rb">5.0</td> <td class="tcc rb">1.65</td></tr>
+<tr><td class="tcl lb rb">1869-1870</td> <td class="tcl rb">11<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">7¾</td> <td class="tcl rb">12<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">4<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.92</td> <td class="tcc rb">0.23</td> <td class="tcc rb">41.6</td> <td class="tcc rb">8.3</td> <td class="tcc rb">2.07</td></tr>
+<tr><td class="tcl lb rb">1870-1871</td> <td class="tcl rb">&ensp;8<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">7<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;9<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">2</td> <td class="tcc rb">0.65</td> <td class="tcc rb">0.17</td> <td class="tcc rb">24.6</td> <td class="tcc rb">8.0</td> <td class="tcc rb">2.09</td></tr>
+<tr><td class="tcl lb rb">1871-1872</td> <td class="tcl rb">10<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">9<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">11½</td> <td class="tcl rb">2<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.75</td> <td class="tcc rb">0.15</td> <td class="tcc rb">19.5</td> <td class="tcc rb">6.9</td> <td class="tcc rb">1.38</td></tr>
+<tr><td class="tcl lb rb">1872-1873</td> <td class="tcl rb">&ensp;9¾</td> <td class="tcl rb">8¾</td> <td class="tcl rb">10<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">1<span class="spp">9</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.53</td> <td class="tcc rb">0.10</td> <td class="tcc rb">16.9</td> <td class="tcc rb">5.7</td> <td class="tcc rb">1.08</td></tr>
+<tr><td class="tcl lb rb">1873-1874</td> <td class="tcl rb">&ensp;8<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">7¾</td> <td class="tcl rb">&ensp;9<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">1<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.32</td> <td class="tcc rb">0.10</td> <td class="tcc rb">16.5</td> <td class="tcc rb">3.9</td> <td class="tcc rb">1.20</td></tr>
+<tr><td class="tcl lb rb">1874-1875</td> <td class="tcl rb">&ensp;7<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">6<span class="spp">15</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;8</td> <td class="tcl rb">1<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.26</td> <td class="tcc rb">0.07</td> <td class="tcc rb">13.8</td> <td class="tcc rb">3.4</td> <td class="tcc rb">0.89</td></tr>
+<tr><td class="tcl lb rb">1875-1876</td> <td class="tcl rb">&ensp;6½</td> <td class="tcl rb">5<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;7<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">1¼</td> <td class="tcc rb">0.37</td> <td class="tcc rb">0.08</td> <td class="tcc rb">19.2</td> <td class="tcc rb">5.7</td> <td class="tcc rb">1.23</td></tr>
+<tr><td class="tcl lb rb">1876-1877</td> <td class="tcl rb">&ensp;6<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;7</td> <td class="tcl rb">1<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.33</td> <td class="tcc rb">0.11</td> <td class="tcc rb">17.8</td> <td class="tcc rb">5.2</td> <td class="tcc rb">1.74</td></tr>
+<tr><td class="tcl lb rb">1877-1878</td> <td class="tcl rb">&ensp;6¾</td> <td class="tcl rb">5<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;6<span class="spp">9</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">1<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.21</td> <td class="tcc rb">0.07</td> <td class="tcc rb">11.0</td> <td class="tcc rb">3.4</td> <td class="tcc rb">1.12</td></tr>
+<tr><td class="tcl lb rb">1878-1879</td> <td class="tcl rb">&ensp;6</td> <td class="tcl rb">4<span class="spp">15</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;7<span class="spp">3</span>&frasl;<span class="suu">28</span></td> <td class="tcl rb">2¼</td> <td class="tcc rb">0.67</td> <td class="tcc rb">0.13</td> <td class="tcc rb">37.5</td> <td class="tcc rb">11.2</td> <td class="tcc rb">2.17</td></tr>
+<tr><td class="tcl lb rb">1879-1880</td> <td class="tcl rb">&ensp;7</td> <td class="tcl rb">6<span class="spp">10</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;7<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">1¾</td> <td class="tcc rb">0.24</td> <td class="tcc rb">0.12</td> <td class="tcc rb">10.7</td> <td class="tcc rb">3.4</td> <td class="tcc rb">1.71</td></tr>
+<tr><td class="tcl lb rb">1880-1881</td> <td class="tcl rb">&ensp;6<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5¾</td> <td class="tcl rb">&ensp;6<span class="spp">13</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">1<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.34</td> <td class="tcc rb">0.08</td> <td class="tcc rb">16.8</td> <td class="tcc rb">5.4</td> <td class="tcc rb">1.27</td></tr>
+<tr><td class="tcl lb rb">1881-1882</td> <td class="tcl rb">&ensp;6<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">6<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;7<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.15</td> <td class="tcc rb">0.07</td> <td class="tcc rb">10.4</td> <td class="tcc rb">2.3</td> <td class="tcc rb">1.06</td></tr>
+<tr><td class="tcl lb rb">1882-1883</td> <td class="tcl rb">&ensp;5<span class="spp">13</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;6<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">1<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.31</td> <td class="tcc rb">0.07</td> <td class="tcc rb">20.4</td> <td class="tcc rb">5.3</td> <td class="tcc rb">1.20</td></tr>
+<tr><td class="tcl lb rb">1883-1884</td> <td class="tcl rb">&ensp;6<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5¾</td> <td class="tcl rb">&ensp;6<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.20</td> <td class="tcc rb">0.08</td> <td class="tcc rb">11.3</td> <td class="tcc rb">3.3</td> <td class="tcc rb">1.32</td></tr>
+<tr><td class="tcl lb rb">1884-1885</td> <td class="tcl rb">&ensp;5<span class="spp">13</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;6<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.19</td> <td class="tcc rb">0.07</td> <td class="tcc rb">11.8</td> <td class="tcc rb">3.3</td> <td class="tcc rb">1.20</td></tr>
+<tr><td class="tcl lb rb">1885-1886</td> <td class="tcl rb">&ensp;5<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">4¾</td> <td class="tcl rb">&ensp;5<span class="spp">8</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;¾</td> <td class="tcc rb">0.18</td> <td class="tcc rb">0.07</td> <td class="tcc rb">14.5</td> <td class="tcc rb">3.5</td> <td class="tcc rb">1.35</td></tr>
+<tr><td class="tcl lb rb">1886-1887</td> <td class="tcl rb">&ensp;5<span class="spp">7</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">5<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;6</td> <td class="tcl rb">&ensp;<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.28</td> <td class="tcc rb">0.05</td> <td class="tcc rb">16.1</td> <td class="tcc rb">5.2</td> <td class="tcc rb">0.92</td></tr>
+<tr><td class="tcl lb rb">1887-1888</td> <td class="tcl rb">&ensp;5½</td> <td class="tcl rb">5<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;5<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;½</td> <td class="tcc rb">0.14</td> <td class="tcc rb">0.05</td> <td class="tcc rb">&ensp;9.1</td> <td class="tcc rb">2.5</td> <td class="tcc rb">0.91</td></tr>
+<tr><td class="tcl lb rb">1888-1889</td> <td class="tcl rb">&ensp;5¾</td> <td class="tcl rb">5<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;6<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.23</td> <td class="tcc rb">0.06</td> <td class="tcc rb">15.0</td> <td class="tcc rb">4.0</td> <td class="tcc rb">1.04</td></tr>
+<tr><td class="tcl lb rb">1889-1890</td> <td class="tcl rb">&ensp;6<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">5<span class="spp">9</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;6<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.34</td> <td class="tcc rb">0.08</td> <td class="tcc rb">18.4</td> <td class="tcc rb">5.5</td> <td class="tcc rb">1.31</td></tr>
+<tr><td class="tcl lb rb">1890-1891</td> <td class="tcl rb">&ensp;5</td> <td class="tcl rb">4<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;5¾</td> <td class="tcl rb">1<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.36</td> <td class="tcc rb">0.06</td> <td class="tcc rb">27.5</td> <td class="tcc rb">7.2</td> <td class="tcc rb">1.20</td></tr>
+<tr><td class="tcl lb rb">1891-1892</td> <td class="tcl rb">&ensp;4<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">3<span class="spp">6</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;4<span class="spp">15</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">1<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.36</td> <td class="tcc rb">0.07</td> <td class="tcc rb">33.3</td> <td class="tcc rb">8.7</td> <td class="tcc rb">1.70</td></tr>
+<tr><td class="tcl lb rb">1892-1893</td> <td class="tcl rb">&ensp;4¾</td> <td class="tcl rb">4<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;5<span class="spp">15</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">1<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.37</td> <td class="tcc rb">0.09</td> <td class="tcc rb">25.0</td> <td class="tcc rb">7.8</td> <td class="tcc rb">1.89</td></tr>
+<tr><td class="tcl lb rb">1893-1894</td> <td class="tcl rb">&ensp;4¼</td> <td class="tcl rb">3<span class="spp">29</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;4<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">25</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.22</td> <td class="tcc rb">0.04</td> <td class="tcc rb">18.4</td> <td class="tcc rb">5.2</td> <td class="tcc rb">0.94</td></tr>
+<tr><td class="tcl lb rb">1894-1895</td> <td class="tcl rb">&ensp;3<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">2<span class="spp">31</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;3<span class="spp">7</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">&ensp;<span class="spp">9</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.30</td> <td class="tcc rb">0.06</td> <td class="tcc rb">26.9</td> <td class="tcc rb">8.9</td> <td class="tcc rb">1.79</td></tr>
+<tr><td class="tcl lb rb">1895-1896</td> <td class="tcl rb">&ensp;4<span class="spp">3</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">3¾</td> <td class="tcl rb">&ensp;4<span class="spp">27</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;<span class="spp">3</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.28</td> <td class="tcc rb">0.07</td> <td class="tcc rb">25.0</td> <td class="tcc rb">6.4</td> <td class="tcc rb">1.60</td></tr>
+<tr><td class="tcl lb rb">1896-1897</td> <td class="tcl rb">&ensp;4<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">3<span class="spp">25</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;4<span class="spp">11</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">29</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.22</td> <td class="tcc rb">0.07</td> <td class="tcc rb">21.6</td> <td class="tcc rb">5.2</td> <td class="tcc rb">1.67</td></tr>
+<tr><td class="tcl lb rb">1897-1898</td> <td class="tcl rb">&ensp;3<span class="spp">13</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">3<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;3<span class="spp">13</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">5</span>&frasl;<span class="suu">8</span></td> <td class="tcc rb">0.18</td> <td class="tcc rb">0.05</td> <td class="tcc rb">18.5</td> <td class="tcc rb">5.3</td> <td class="tcc rb">1.47</td></tr>
+<tr><td class="tcl lb rb">1898-1899</td> <td class="tcl rb">&ensp;3<span class="spp">9</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">3</td> <td class="tcl rb">&ensp;3<span class="spp">15</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;<span class="spp">15</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.15</td> <td class="tcc rb">0.04</td> <td class="tcc rb">14.3</td> <td class="tcc rb">4.6</td> <td class="tcc rb">1.22</td></tr>
+<tr><td class="tcl lb rb">1899-1900</td> <td class="tcl rb">&ensp;4<span class="spp">15</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">3<span class="spp">29</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;6<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">&ensp;<span class="spp">25</span>&frasl;<span class="suu">32</span></td> <td class="tcc rb">0.63</td> <td class="tcc rb">0.12</td> <td class="tcc rb">43.6</td> <td class="tcc rb">12.8</td> <td class="tcc rb">2.48</td></tr>
+<tr><td class="tcl lb rb">1900-1901</td> <td class="tcl rb">&ensp;5<span class="spp">1</span>&frasl;<span class="suu">8</span></td> <td class="tcl rb">4<span class="spp">5</span>&frasl;<span class="suu">16</span></td> <td class="tcl rb">6½</td> <td class="tcl rb">2<span class="spp">3</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.53</td> <td class="tcc rb">0.13</td> <td class="tcc rb">42.7</td> <td class="tcc rb">10.3</td> <td class="tcc rb">2.54</td></tr>
+<tr><td class="tcl lb rb">1901-1902</td> <td class="tcl rb">&ensp;4¾</td> <td class="tcl rb">4<span class="spp">9</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">&ensp;5<span class="spp">11</span>&frasl;<span class="suu">32</span></td> <td class="tcl rb">1<span class="spp">1</span>&frasl;<span class="suu">16</span></td> <td class="tcc rb">0.24</td> <td class="tcc rb">0.09</td> <td class="tcc rb">22.4</td> <td class="tcc rb">5.0</td> <td class="tcc rb">1.89</td></tr>
+<tr><td class="tcl lb rb">1902-1903</td> <td class="tcl rb">&ensp;5.35</td> <td class="tcl rb">4.42</td> <td class="tcl rb">&ensp;7.12</td> <td class="tcl rb">2.70</td> <td class="tcc rb">0.78</td> <td class="tcc rb">0.13</td> <td class="tcc rb">50.5</td> <td class="tcc rb">14.6</td> <td class="tcc rb">2.43</td></tr>
+<tr><td class="tcl lb rb">1903-1904</td> <td class="tcl rb">&ensp;7.04</td> <td class="tcl rb">5.78</td> <td class="tcl rb">&ensp;8.92</td> <td class="tcl rb">3.14</td> <td class="tcc rb">0.91</td> <td class="tcc rb">0.33</td> <td class="tcc rb">44.4</td> <td class="tcc rb">12.9</td> <td class="tcc rb">4.83</td></tr>
+<tr><td class="tcl lb rb bb">1904-1905</td> <td class="tcl rb bb">&ensp;4.86</td> <td class="tcl rb bb">3.63</td> <td class="tcl rb bb">&ensp;6.01</td> <td class="tcl rb bb">2.38</td> <td class="tcc rb bb">0.71</td> <td class="tcc rb bb">0.15</td> <td class="tcc rb bb">48.9</td> <td class="tcc rb bb">14.6</td> <td class="tcc rb bb">3.09</td></tr>
+</table>
+
+<p>&ldquo;Futures&rdquo; are not used in all markets&mdash;for instance, they are
+not to be found at Bremen; and in those in which they are used
+they play parts of different prominence&mdash;at Havre,
+for instance, the transactions in &ldquo;futures&rdquo; are of
+<span class="sidenote">Price movements in different markets.</span>
+incomparably less relative importance than they are at
+Liverpool. But it is futile to seek the effect of much
+dealing in &ldquo;futures&rdquo; in the differences between price
+movements in the various markets, because (1) demand expresses
+itself in different ways&mdash;in Germany, for example, spinners buy to
+hold large stocks&mdash;and (2) the markets are in telegraphic communication,
+so that their price movements are kept parallel.
+Mr Hooker has shown with reference to the wheat market how
+close is the correlation between prices in different places,<a name="FnAnchor_7b" id="FnAnchor_7b" href="#Footnote_7b"><span class="sp">7</span></a> and
+the same has been observed of the cotton market, though the
+correlations have not been worked out.<a name="FnAnchor_8b" id="FnAnchor_8b" href="#Footnote_8b"><span class="sp">8</span></a> It is worthy of note
+that Liverpool &ldquo;futures&rdquo; are largely used for hedging by
+continental cotton dealers.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Spot</td> <td class="tccm allb">Jan.-<br />Feb.</td> <td class="tccm allb">Feb.-<br />Mar.</td> <td class="tccm allb">Mar.-<br />Apr.</td> <td class="tccm allb">Apr.-<br />May.</td> <td class="tccm allb">May-<br />Jun.</td> <td class="tccm allb">June-<br />July</td> <td class="tccm allb">July-<br />Aug.</td> <td class="tccm allb">Aug.-<br />Sep.</td> <td class="tccm allb">Sep.-<br />Oct.</td> <td class="tccm allb">Oct.-<br />Nov.</td> <td class="tccm allb">Nov.-<br />Dec.</td> <td class="tccm allb">Dec.-<br />Jan.</td></tr>
+
+<tr><td class="tcl lb rb">Nov. 18th, 1895</td> <td class="tcl rb">4.34</td> <td class="tcl rb">27</td> <td class="tcl rb">28</td> <td class="tcl rb">28½</td> <td class="tcl rb">29½</td> <td class="tcl rb">31</td> <td class="tcl rb">32</td> <td class="tcl rb">&ensp;3</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcl rb">27</td> <td class="tcl rb">27</td></tr>
+<tr><td class="tcl lb rb">Jan. 18th, 1899</td> <td class="tcl rb">3.8</td> <td class="tcl rb">&ensp;6½</td> <td class="tcl rb">&ensp;6½</td> <td class="tcl rb">&ensp;7½</td> <td class="tcl rb">&ensp;8½</td> <td class="tcl rb">&ensp;9½</td> <td class="tcl rb">10½</td> <td class="tcl rb">&ensp;1½</td> <td class="tcl rb">12</td> <td class="tcl rb">12½</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcl rb">&ensp;6½</td></tr>
+<tr><td class="tcl lb rb bb">Sept. 14th, 1899</td> <td class="tcl rb bb">3.36</td> <td class="tcl rb bb">24½</td> <td class="tcl rb bb">25</td> <td class="tcl rb bb">25½</td> <td class="tcl rb bb">26</td> <td class="tcl rb bb">27</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcl rb bb">30</td> <td class="tcl rb bb">28</td> <td class="tcl rb bb">26½</td> <td class="tcl rb bb">25</td> <td class="tcl rb bb">24½</td></tr>
+</table>
+
+<p>Conceivably some indication of the working of &ldquo;futures&rdquo;
+might be gleaned from observation of the relations of near and
+distant &ldquo;futures&rdquo; to one another and of both to
+&ldquo;spot.&rdquo; The complete explanation of changes in
+<span class="sidenote">Differences between the prices of near and distant &ldquo;futures.&rdquo;</span>
+these relations is still a mystery.<a name="FnAnchor_9b" id="FnAnchor_9b" href="#Footnote_9b"><span class="sp">9</span></a> Probably an
+infinitude of subtle influences came into play, and
+among these there seems reason to include the intentional
+and unintentional &ldquo;bulling&rdquo; or &ldquo;bearing&rdquo;
+of the market. Some examples of the diverse relations to be
+found, even when all the &ldquo;futures&rdquo; fall in the same crop year,
+may be quoted here&mdash;quotations running into the new crop year
+are obviously affected by anticipations of the new crop.</p>
+
+<p>As we pass from the &ldquo;future&rdquo; of the month in which the
+quotation is made to the most distant &ldquo;future&rdquo; it will be observed
+that in the first and second cases price rises continuously, in the
+second case even passing &ldquo;spot,&rdquo; whereas in the third case it falls
+first and then rises. Instances might be given of its falling unintermittently.
+It seems a plausible conjecture that if &ldquo;futures&rdquo;
+were &ldquo;bulling&rdquo; the market in the first case, they were at least
+&ldquo;bulling&rdquo; it less in the second case <i>ceteris paribus</i>, and probably
+&ldquo;bearing&rdquo; it in the last case. A closer examination will reveal
+further that the magnitude of these gaps varies a great deal; and
+<span class="pagenum"><a name="page274" id="page274"></a>274</span>
+if the &ldquo;futures&rdquo; do &ldquo;bear&rdquo; and &ldquo;bull,&rdquo; as has been supposed,
+they probably influence these magnitudes. It might be thought
+that the &ldquo;futures&rdquo; of different months, being substitutes in
+proportion to their temporal proximity to one another, should
+vary together exactly; but it would seem to be a sufficient reply
+that as they are not perfect substitutes they are in some slight
+degree independent variables. The &ldquo;spot&rdquo; market might be
+judged generally as too high, in view of crops and the probable
+normal demand of the year, but it might not therefore drop
+immediately, owing partly to the pressure of demand that must
+be satisfied instantaneously. &ldquo;Current futures&rdquo; would be
+affected more than &ldquo;spot&rdquo; by this impression as to the relation
+of &ldquo;spot&rdquo; to a conceived normal price for the year, and they
+might therefore be expected to drop more than &ldquo;spot&rdquo; when
+this impression was at all widely entertained. But the fall of
+&ldquo;current futures&rdquo; would be checked by the demands that must
+be satisfied in the near future. Probably the prices of the more
+distant &ldquo;futures&rdquo; are determined in a higher degree by far-reaching
+imagination than the prices of nearer futures. This
+explains what has been called above the unintentional &ldquo;bearing&rdquo;
+of &ldquo;spot&rdquo; by &ldquo;futures.&rdquo; And it is immediately evident that
+the deliberate &ldquo;bear&rdquo; works by selling &ldquo;futures,&rdquo; and that the
+effect of his sales is propagated to &ldquo;spot.&rdquo; These statements are
+equally true of &ldquo;bulling.&rdquo; The influence of expectations of the
+new crop on &ldquo;futures&rdquo; running into the new crop is plain on
+inspection; but owing to the gap between the two crop years it
+would be astonishing if &ldquo;futures&rdquo; against which cotton from a
+new crop could be delivered were not appreciably independent of
+&ldquo;spot&rdquo; at the time of their quotation. However, it is noticeable
+that they are still so closely bound up with &ldquo;futures&rdquo; culminating
+in the old crop year that the daily movements of the former
+are closely correlated with those of the latter. Concluding
+cautiously, we may admit the probability of the relations between
+near and distant &ldquo;futures&rdquo; and &ldquo;spot&rdquo; (even in respect of
+&ldquo;futures&rdquo; running out in the same crop year) indicating sometimes
+at least the intentional or unintentional &ldquo;bulling&rdquo; or
+&ldquo;bearing&rdquo; or &ldquo;spot&rdquo; by &ldquo;futures.&rdquo; But nothing has yet been
+proved from these facts as to the effect &ldquo;futures&rdquo; are having
+upon the steadiness of prices. In the case of any crop year, if
+the relations which are suggested as indicating the &ldquo;bulling&rdquo;
+work of &ldquo;futures&rdquo; usually corresponded with &ldquo;spot&rdquo; prices
+being below the normal price of the crop year, or of what was
+left of the crop year, while the relations which are suggested to
+indicate the &ldquo;bearing&rdquo; work of &ldquo;futures&rdquo; on the whole corresponded
+with a relatively abnormal height of &ldquo;spot,&rdquo; it would be
+a legitimate inference that &ldquo;futures&rdquo; were tending to smooth
+prices. However, it is made clear as the result of an elaborate
+examination that the generality of these correspondences cannot
+be affirmed.<a name="FnAnchor_10b" id="FnAnchor_10b" href="#Footnote_10b"><span class="sp">10</span></a> The outcome of the whole matter is that the
+investigator is still baffled in his attempt to discover what effect
+the use of &ldquo;futures&rdquo; is having upon prices to-day. The sole
+piece of evidence, from which probable conclusions may be
+drawn, is that three separate measurements of price fluctuations
+over some forty years reveal a growing unsteadiness
+of late, whether they be expressed absolutely or as percentages
+of price.</p>
+
+<p>The uneasiness caused by the excessive dependence of Great
+Britain upon the United States for cotton, coupled with the
+belief that shortages of supply are more frequent than
+they ought to be, and the fear that diminishing returns
+<span class="sidenote">Recent attempts to open up new cotton-fields.</span>
+may operate in America, occasioned the formation in
+England of the British Cotton Growing Association on
+the 12th of June 1902. The proportions of England&rsquo;s
+supplies drawn from different fields is indicated in the
+table below.</p>
+
+<p>British dependence on American supplies is greater even than
+that of the continent of Europe, for Russia possesses some
+internal supplies, and more Indian cotton is used in continental
+countries than in England.</p>
+
+<p class="center pt2"><i>Average Quantities of Raw Cotton imported Annually into the United
+Kingdom from the following Countries in the Periods 1896-1900
+and 1901-1904.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Country.</td> <td class="tccm allb">1896-1900.<br />Million &#8468;.</td> <td class="tccm allb">1901-1904.<br />Million &#8468;.</td></tr>
+
+<tr><td class="tcl lb rb">United States</td> <td class="tcr rb">1436&emsp;&emsp;</td> <td class="tcr rb">1424&emsp;&emsp;</td></tr>
+<tr><td class="tcl lb rb">Brazil</td> <td class="tcr rb">13.8&emsp;</td> <td class="tcr rb">31.5&emsp;</td></tr>
+<tr><td class="tcl lb rb">Peru</td> <td class="tcr rb">8.5&emsp;</td> <td class="tcr rb">8.6&emsp;</td></tr>
+<tr><td class="tcl lb rb">Chile (including the Pacific coast of Patagonia)</td> <td class="tcr rb">.8&emsp;</td> <td class="tcr rb">2.2&emsp;</td></tr>
+<tr><td class="tcl lb rb">Venezuela and Republic of Colombia</td> <td class="tcr rb">.5&emsp;</td> <td class="tcr rb">.5&emsp;</td></tr>
+<tr><td class="tcl lb rb">British West Indies and British Guiana</td> <td class="tcr rb">.3&emsp;</td> <td class="tcr rb">.6&emsp;</td></tr>
+<tr><td class="tcl lb rb">Turkey (European and Asiatic)</td> <td class="tcr rb">.5&emsp;</td> <td class="tcr rb">1.1&emsp;</td></tr>
+<tr><td class="tcl lb rb">Egypt</td> <td class="tcr rb">295.7&emsp;</td> <td class="tcr rb">314.4&emsp;</td></tr>
+<tr><td class="tcl lb rb">British possessions in the East Indies</td> <td class="tcr rb">40.7&emsp;</td> <td class="tcr rb">61.9&emsp;</td></tr>
+<tr><td class="tcl lb rb">Australasia</td> <td class="tcr rb">.035</td> <td class="tcr rb">.041</td></tr>
+<tr><td class="tcl lb rb">All other countries</td> <td class="tcr rb">2.3&emsp;</td> <td class="tcr rb">3.8&emsp;</td></tr>
+
+<tr><td class="tcr lb rb">Total&emsp;&emsp;&emsp;</td> <td class="tcr allb">1800&emsp;&emsp;</td> <td class="tcr allb">1849&emsp;&emsp;</td></tr>
+
+<tr><td class="tcr lb rb bb">Re-exported&emsp;&emsp;&emsp;</td> <td class="tcr rb bb">223&emsp;&emsp;</td> <td class="tcr rb bb">260&emsp;&emsp;</td></tr>
+</table>
+
+<p>The annual average shipments from Bombay to the European
+continent and to Great Britain in 1900-1904 were as follows:&mdash;</p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">To the continent</td> <td class="tcr">600 bales of 3½ cwt.</td></tr>
+<tr><td class="tcl">To Great Britain</td> <td class="tcr">50 bales of 3½ cwt.</td></tr>
+</table>
+
+<p>At the end of the 18th century the bulk of British cotton was
+obtained from the West Indies. Approximately the supplies
+were as follows in million &#8468;:&mdash;</p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">British West Indies</td> <td class="tcr">6.6</td></tr>
+<tr><td class="tcl">French and Spanish settlements</td> <td class="tcr">6&emsp;</td></tr>
+<tr><td class="tcl">Dutch settlements</td> <td class="tcr">1.7</td></tr>
+<tr><td class="tcl">Portuguese &emsp;&rdquo;</td> <td class="tcr">2.5</td></tr>
+<tr><td class="tcl">East Indies &emsp;&rdquo;</td> <td class="tcr">.1</td></tr>
+<tr><td class="tcl">Smyrna or Turkey</td> <td class="tcr">5.7</td></tr>
+</table>
+
+<p>The British Cotton Growing Association works under the
+sanction of a royal charter and has met with valuable official
+support. Financial assistance and assurances as to sales and
+prices have been given liberally by the association where they
+are needed; ginning and buying centres have been established;
+experts have been engaged to distribute seed and afford instruction;
+and some land has been acquired for working under the
+direct management of the association. The governments of
+some colonies have aided the efforts of the association. Professor
+Wyndham Dunstan of the Imperial Institute, on a reference from
+the government, made favourable reports as to the possibilities
+of extending cotton cultivation. The results may be seen in the
+approximate estimates below of cotton grown more or less
+directly under the auspices of the association.</p>
+
+<p class="center pt2"><i>Bales of 400 &#8468;.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1903.</td> <td class="tccm allb">1904.</td> <td class="tccm allb">1905.</td> <td class="tccm allb">1906.</td></tr>
+
+<tr><td class="tcl lb rb">Gambia</td> <td class="tcr rb">50</td> <td class="tcr rb">100</td> <td class="tcr rb">300</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Sierra Leone</td> <td class="tcr rb">50</td> <td class="tcr rb">100</td> <td class="tcr rb">200</td> <td class="tcr rb">250</td></tr>
+<tr><td class="tcl lb rb">Gold Coast</td> <td class="tcr rb">50</td> <td class="tcr rb">150</td> <td class="tcr rb">200</td> <td class="tcr rb">250</td></tr>
+<tr><td class="tcl lb rb">Lagos</td> <td class="tcr rb">500</td> <td class="tcr rb">2,000</td> <td class="tcr rb">3,200</td> <td class="tcr rb">6,300</td></tr>
+<tr><td class="tcl lb rb">Nigeria</td> <td class="tcr rb">100</td> <td class="tcr rb">200</td> <td class="tcr rb">650</td> <td class="tcr rb">1,200</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">&mdash;&mdash;</td> <td class="tcc rb">&mdash;&mdash;</td> <td class="tcc rb">&mdash;&mdash;</td> <td class="tcc rb">&mdash;&mdash;</td></tr>
+<tr><td class="tcl lb rb">West Africa</td> <td class="tcr rb">750</td> <td class="tcr rb">2,550</td> <td class="tcr rb">4,550</td> <td class="tcr rb">8,000</td></tr>
+<tr><td class="tcl lb rb">West Indies</td> <td class="tcr rb">1,000</td> <td class="tcr rb">2,000</td> <td class="tcr rb">4,000</td> <td class="tcr rb">6,000</td></tr>
+<tr><td class="tcl lb rb">East Africa</td> <td class="tcr rb">150</td> <td class="tcr rb">850</td> <td class="tcr rb">2,000</td> <td class="tcr rb">3,500</td></tr>
+<tr><td class="tcl lb rb">Sind</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">500</td> <td class="tcr rb">2,000</td></tr>
+<tr><td class="tcl lb rb">Sundries</td> <td class="tcc rb">· ·</td> <td class="tcr rb">100</td> <td class="tcr rb">250</td> <td class="tcr rb">500</td></tr>
+
+<tr><td class="tcc allb">Total</td> <td class="tcr allb">1,900</td> <td class="tcr allb">5,500</td> <td class="tcr allb">11,300</td> <td class="tcr allb">20,000</td></tr>
+
+<tr><td class="tcl allb">Approximate value</td> <td class="tcr allb">£29,000</td> <td class="tcr allb">£75,000</td> <td class="tcr allb">£150,000</td> <td class="tcr allb">£270,000</td></tr>
+</table>
+
+<p>In the West Indies results are most favourable, both as
+regards quantity and quality of the crops. West Indian grown
+cotton has realized even higher prices than American grown Sea
+Island. In West Africa also prospects appear encouraging.
+In Sierra Leone little success has been met with, but on the Gold
+Coast some cotton better than middling American has been
+grown, and the association has concluded an agreement with the
+government for an extension of its work. In Lagos crops
+increased rapidly. The cotton is almost entirely grown by
+natives in small patches round their villages, and generally it
+<span class="pagenum"><a name="page275" id="page275"></a>275</span>
+has sold for about the same price as middling American, though
+some of it realized as much as 25 to 30 &ldquo;points on.&rdquo; The
+quality in greatest demand in England, it should be observed, is
+worth about ¼d. to ½d. per &#8468;. above middling American. In
+Southern Nigeria the association has met with only slight
+success; in Northern Nigeria, a working arrangement was entered
+into with the Niger Company, and a small ginning establishment
+was set to work in February 1906. In British Central Africa, the
+results on the whole have not been satisfactory. Though
+planters who confined their efforts to the lower lying grounds&mdash;of
+which there is a fairly large tract&mdash;succeeded, all the cotton
+planted on the highlands proved more or less a failure. In
+Uganda the association took no steps, but activity in cotton-growing
+is not unknown, and some good cotton is being produced.
+Arrangements were concluded with the British South Africa
+Company for the formation of a small syndicate for working in
+Rhodesia.</p>
+
+<p>The general movement for the extension of cotton cultivation
+was welcomed by the International Congress of representatives
+of master cotton spinners and manufacturers&rsquo; associations at
+the meeting at Zurich in May 1904. It placed on record &ldquo;its
+cordial appreciation of the efforts of those governments and
+institutions which have already supported cotton-growing in
+their respective colonies.&rdquo; England is pre-eminent but not
+alone in the matter. Germany and France, and in a less degree
+Belgium, Portugal and Italy, have taken some steps. Russia,
+too, is developing her internal supplies.</p>
+
+<p>The advantages that might accrue from the wider distribution
+of cotton-growing are mainly fourfold, (1) Greater elasticity of
+supply might be caused. It is probably easier to extend the area
+under cotton rapidly when crops are raised from many places in
+proximity to other crops than when the mass of the cotton is
+obtained from a few highly specialized districts. Possibly the
+advantages of specialism might be retained and yet the elasticity
+of supply be enhanced. (2) Greater stability of crops in proportion
+to area cultivated is hoped for. The eggs are now too
+much in one basket, and local disease, or bad weather, or some
+other misfortune, may diminish by serious percentages the
+supplies anticipated. Were there numerous important centres,
+the bad fortune of one would be more adequately offset by the
+good fortune of another. (3) Desirable variations in the raw
+material might conceivably eventuate from the introduction of
+cotton to spots in the globe where its growth was previously
+unknown or little regarded. The results of the enterprise of
+Mehemet Ali and Jumel in Egypt prove such an idea to be not
+altogether fanciful, and warn us also against hastily arguing that
+the plan is too artificial to succeed on a large scale. Without the
+active intervention of a strong body of interested parties it is
+sometimes unlikely that new industries will be undertaken even
+in places well suited for them. (4) Lastly, the countries to which
+cotton-growing is carried should gain in prosperity.</p>
+
+<p>The general difficulties in the way of the British Cotton
+Growing Association are many and will be sufficiently evident.
+Lessons of value may be learnt from the fate of similar
+work undertaken by the Cotton Supply Association,
+<span class="sidenote">The Cotton Supply Association.</span>
+which was instituted in April 1857. According to its
+fifth report, it originated &ldquo;in the prospective fears of a
+portion of the trade that some dire calamity must inevitably,
+sooner or later, overtake the cotton manufacture of Lancashire,
+whose vast superstructure had so long rested upon the treacherous
+foundation of restricted slave labour as the main source of supply
+for its raw material.&rdquo;<a name="FnAnchor_11b" id="FnAnchor_11b" href="#Footnote_11b"><span class="sp">11</span></a> Its methods were stated to be: &ldquo;To
+afford information to every country capable of producing
+cotton, both by the diffusion of printed directions for its
+cultivation, and sending competent teachers of cotton planting
+and cleaning, and by direct communication with Christian
+missionaries whose aid and co-operation it solicits; to
+supply, gratuitously, in the first instance, the best seeds to
+natives in every part of the world who are willing to receive
+them; to give prizes for the extended cultivation of cotton; and
+to lend gins and improved machines for cleaning and preparing
+cotton.&rdquo; Though the association brought about an extension and
+improvement of the Indian crop, in which result it was enormously
+assisted by the high prices consequent upon the American Civil
+War, it sank after a few years into obscurity, and soon passed out
+of existence altogether, while the effects of its work dwindled
+finally into insignificance. Much the same had been the ultimate
+outcome of the spasmodic attempt of the British government to
+bring about the introduction of cotton to new districts, after it had
+been pressed to take some action a few years prior to the formation
+of the Cotton Supply Association. A Mr Clegg, who afterwards
+interested himself keenly in the activities of the Cotton
+Supply Association reported that in the course of a tour in 1855
+through the Eastern countries bordering on the Mediterranean
+he had found none of the gins presented by the British government
+at work or workable.</p>
+
+<div class="condensed">
+<p><span class="sc">Bibliography.</span>&mdash;On the question of cotton supplies, as treated
+in this article, the reader may be referred to <i>Brook&rsquo;s Cotton, its Uses,
+&amp;c.</i>; Dabney&rsquo;s <i>Cotton Plant</i> (Department of Agriculture of the United
+States); Foaden&rsquo;s <i>Cotton Culture in Egypt</i>; Dunstan&rsquo;s <i>Report on
+Cotton Cultivation</i> for the British government; Oppel&rsquo;s <i>Die Baumwolle</i>;
+Leconte&rsquo;s <i>Le Coton</i>; publications of the British Cotton
+Growing Association; <i>Report</i> of the Lancashire Commission on the
+possibility of extending cotton cultivation in the Southern States of
+North America; Watt&rsquo;s <i>Lancashire and the Cotton Famine</i>; publications
+of the old Cotton Supply Association (many will be found in
+the Manchester public library in the volume marked &ldquo;677 I. C. ii.&rdquo;),
+including their weekly paper, <i>The Cotton Supply Reporter</i>; Hammond&rsquo;s
+<i>Cotton Culture and Trade</i>. On methods of marketing to
+certain portions of the above must be added: Ellison&rsquo;s <i>Cotton Trade
+of Great Britain</i>; Chapman&rsquo;s <i>Lancashire Cotton Industry</i> (ch. vii.);
+articles by Chapman and Knoop in the <i>Economic Journal</i> (December,
+1904) and the <i>Journal of the Royal Statistical Society</i> (April, 1906);
+Emery&rsquo;s <i>Speculation on Stock and Produce Exchanges of the United
+States</i> (small portions of which relate to cotton). Many statistics
+will be found in the works mentioned, and these may be supplemented
+from the trade publications of different countries. Many valuable
+figures of cotton imports, &amp;c., in early years will be found in Baines&rsquo;
+<i>History of the Cotton Trade</i>. Recent statistics bearing upon cotton
+are collected annually in the two publications, Shepperson&rsquo;s <i>Cotton
+Facts</i> and Jones&rsquo;s <i>Handbook for Daily Cable Records of Cotton Crop
+Statistics</i>. For current information the following may be added:
+Nield&rsquo;s, Ellison&rsquo;s and Tattersall&rsquo;s circulars; <i>Cotton</i> (the publication
+of the Manchester Cotton Association); and daily reports and articles
+in the local press. Price curves are published by Messrs Turner,
+Routledge &amp; Co.</p></div>
+<div class="author">(S. J. C.)</div>
+
+<p class="center pt2 sc">Cotton Goods and Yarn</p>
+
+<p>The two great sections of the cotton industry are <i>yarn</i> and
+<i>cloth</i>, and in Great Britain the production of both of these is
+mainly in South Lancashire, though the area extends to parts of
+Cheshire, Yorkshire and Derbyshire, and there is a Scottish
+branch, besides certain isolated ventures in other parts of the
+country. Though there are local rivalries there is nothing in
+<span class="correction" title="amended from cempetitive">competitive</span> division to compare with the northern and southern
+sections in America, and the British industry is, for its size, more
+homogeneous than most of the European industries. Both
+operatives and employers are highly organized and both parties
+are able to make articulate contribution to the solution of the
+various problems connected with the trade.</p>
+
+<p><i>Cotton Yarn.</i>&mdash;The yarn trade is mainly in the hands of
+limited companies, and a private firm is looked upon as something
+of a survival from the past. The two great centres of production
+are Oldham, in which American cotton is chiefly, though not
+exclusively, spun, and Bolton, which spins the finer counts from
+Egyptian or Sea Island cotton. Spinning mills are established,
+however, in most of the large Lancashire towns as well as in some
+parts of Cheshire and in Yorkshire, where there is a considerable
+industry in doubling yarns. The centre of trade is the Manchester
+Royal Exchange, and though some companies or firms prefer to
+do business by means of their own salaried salesmen, managers or
+directors, most of the yarn is sold by agents. Frequently a single
+agent has the consignment of the whole of a company&rsquo;s yarn, but
+many spinners, especially those whose business connexion is not
+perfectly assured, prefer to have more outlets than can be
+explored by an individual. At times of bad trade even those
+who usually depend on their own resources seek the aid of
+experienced agents, who sometimes find a grievance if their
+<span class="pagenum"><a name="page276" id="page276"></a>276</span>
+services are rejected when trade improves and sales are made
+easily.</p>
+
+<p>Yarn is sold upon various terms, but a regular custom in the
+home trade is for the spinner to allow 4% discount, for payment
+in 14 days, of which 2½ goes to the buyer, who is commonly a
+manufacturer, and 1½ to the agent for sale and guaranteeing the
+account. In selling yarn for export it is usual to allow the buyer
+only 1½% for payment in 14 days, or in some cases the discount
+is at the rate of 5% per annum for 3 months, which is equivalent
+to 1¼%.</p>
+
+<p>The great bulk of the yarn spun in Great Britain ranges between
+comparatively narrow limits of count, and such staples as 32<span class="sp">s</span> to
+36<span class="sp">s</span> twist and 36<span class="sp">s</span> to 46<span class="sp">s</span> weft in American, 50<span class="sp">s</span> to 60<span class="sp">s</span> twist and 42<span class="sp">s</span>
+to 62<span class="sp">s</span> weft in Egyptian, make up a large part of the total. It is
+nevertheless the experience of yarn salesmen that Lancashire
+produces an increasingly large amount of specialities that indicate
+a continued differentiation in trade. The tendency to spin finer
+counts has been to some extent counteracted by the development
+of the flannelette trade, for which heavy wefts are used, and there
+has been again a tendency lately to use &ldquo;condensor&rdquo; or waste
+wefts, which has worked to the disadvantage of the spinners of
+the regular coarse counts spun at Royton and elsewhere. The
+demand for cloths which require careful handling and regularity
+in weaving has helped to develop the supply of ring yarns which
+will stand the strain of the loom better than mule twists. A
+great amount of doubled and trebled yarn is now sold, though it
+does not appear that recent expansions have added much to
+doubling spindles, and considerable developments continue in the
+use of dyed and mercerized yarns.</p>
+
+<p>Yarns are sold according to their &ldquo;actual&rdquo; counts, though
+when they are woven into cloth they frequently attain nominal
+or brevet rank. There has been a long-continued
+discussion, which between buyer
+and seller sometimes degenerates into a dispute,
+on the subject of moisture in yarns, and
+the difficulty is not confined to the Lancashire
+industry. The amount permissible, according
+to the recommendation of the Manchester
+Chamber of Commerce, is 8%, but while it
+may be assumed that yarns at the time of
+their sale rarely contain less than this, they
+frequently contain a good deal more. It is
+a matter of experience that cotton yarns which
+when spun contain only a small percentage
+of moisture will absorb up to about 8%
+when they are exposed to what may be rather
+vaguely described as natural conditions. The
+exigencies of competition prompted the discovery
+that if yarn were sold by weight fresh
+from the spindle its comparative dryness made
+such early sale less profitable than if it were
+allowed to &ldquo;condition.&rdquo; Between loss and
+delay the spinner found an obvious alternative
+in damping the yarn artificially. As
+it was often clearly to the advantage of the
+buyer that he should receive immediate
+delivery he did not object to water in moderation,
+but art soon began to run a little ahead of
+nature. The essentially dishonest practice of deluging yarn with
+water, which has sometimes even degenerated into the use of
+weighting materials deleterious to weaving, has been recognized
+as a great nuisance, but while various attempts have been made to
+protect the buyer the question seems to have pretty well settled
+itself on the principles which commonly rule the sales of commodities
+between those who intend to do business continuously.
+The spinner who persists in over-weighting his yarn finds it
+difficult to obtain &ldquo;repeat&rdquo; orders.</p>
+
+<p>A remarkable point in the Lancashire yarn trade is the looseness
+of the contracts between spinner and manufacturer. Doubtless
+some kind of sale note or acknowledgment usually passes
+between them, but in the home trade at least it is quite usual to
+leave the question of delivery an open one. It would not be
+correct to say that this system or want of system is satisfactory,
+but the trade manages to rub along very well with it, although
+inconveniences and disagreements sometimes arise when prices
+have advanced or declined considerably. Thus when prices have
+advanced the manufacturer may find it difficult to obtain delivery
+of the yarn that he had bought at low rates, for some spinners
+have a curious, indefensible preference for delivering their higher-priced
+orders; and, on the other hand, when prices have fallen
+the manufacturer sometimes ceases to take delivery of the high-priced
+yarn and actually purchases afresh for his needs. Yet
+positive repudiation is very rare though compromises are not
+uncommon, and a good many illogical arrangements are made
+that imply forbearance and amity. Litigation in the yarn trade
+is very unusual, and Lancashire traders generally have only
+vague notions of the bearing of law upon their transactions, and
+a wholesome dread of the experience that would lead to better
+knowledge.</p>
+
+<div class="condensed">
+<p>The average yearly values of the exports of cotton, yarn and
+cloth from Great Britain for the decades 1881-1890 and 1891-1900
+respectively, are given by Professor Chapman in his <i>Cotton Industry
+and Trade</i>, in million pounds:&mdash;</p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">1881-1890.</td> <td class="tcr">1891-1900.</td></tr>
+<tr><td class="tcl">Cloth</td> <td class="tcr">£60.4&emsp;</td> <td class="tcr">£57.3&emsp;</td></tr>
+<tr><td class="tcl">Yarn</td> <td class="tcr">12.3&emsp;</td> <td class="tcr">9.3&emsp;</td></tr>
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">&mdash;&mdash;&emsp;</td> <td class="tcr">&mdash;&mdash;&emsp;</td></tr>
+<tr><td class="tcc">Total</td> <td class="tcr">£72.7&emsp;</td> <td class="tcr">£66.6&emsp;</td></tr>
+</table>
+
+<p class="noind">During the earlier decade the prices of cotton were comparatively high.</p>
+
+<p>The whole of the cloth exports represent, of course, a corresponding
+home trade in yarns. The following table, taken from the <i>Manchester
+Guardian</i>, gives in thousands of &#8468; the amounts of cotton yarns
+exported from Great Britain during 1903, 1904 and 1905 respectively,
+according to the Board of Trade returns, together with the average
+value per lb for each of the countries:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">&nbsp;</td> <td class="tccm allb" colspan="2">1903.</td> <td class="tccm allb" colspan="2">1904.</td> <td class="tccm allb" colspan="2">1905.</td></tr>
+
+<tr><td class="tccm allb">&#8468;.*</td> <td class="tccm allb">Price<br />per &#8468;.</td> <td class="tccm allb">&#8468;.*</td> <td class="tccm allb">Price<br />per &#8468;.</td> <td class="tccm allb">&#8468;.*</td> <td class="tccm allb">Price<br />per &#8468;.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">d.</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">d.</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">d.</td></tr>
+<tr><td class="tcl lb rb">Russia</td> <td class="tcr rb">814</td> <td class="tcr rb">30.22</td> <td class="tcr rb">713</td> <td class="tcr rb">30.71</td> <td class="tcr rb">557</td> <td class="tcr rb">30.66</td></tr>
+<tr><td class="tcl lb rb">Sweden</td> <td class="tcr rb">1,526</td> <td class="tcr rb">11.00</td> <td class="tcr rb">1,486</td> <td class="tcr rb">12.55</td> <td class="tcr rb">1,512</td> <td class="tcr rb">11.12</td></tr>
+<tr><td class="tcl lb rb">Norway</td> <td class="tcr rb">1,656</td> <td class="tcr rb">9.54</td> <td class="tcr rb">1,511</td> <td class="tcr rb">11.05</td> <td class="tcr rb">1,606</td> <td class="tcr rb">9.73</td></tr>
+<tr><td class="tcl lb rb">Denmark</td> <td class="tcr rb">2,429</td> <td class="tcr rb">8.91</td> <td class="tcr rb">2,368</td> <td class="tcr rb">10.18</td> <td class="tcr rb">2,860</td> <td class="tcr rb">9.51</td></tr>
+<tr><td class="tcl lb rb">Germany</td> <td class="tcr rb">27,239</td> <td class="tcr rb">16.05</td> <td class="tcr rb">40,295</td> <td class="tcr rb">.27</td> <td class="tcr rb">39,513</td> <td class="tcr rb">16.38</td></tr>
+<tr><td class="tcl lb rb">Netherlands</td> <td class="tcr rb">29,591</td> <td class="tcr rb">9.10</td> <td class="tcr rb">29,384</td> <td class="tcr rb">10.48</td> <td class="tcr rb">37,341</td> <td class="tcr rb">8.93</td></tr>
+<tr><td class="tcl lb rb">Belgium</td> <td class="tcr rb">3,970</td> <td class="tcr rb">15.89</td> <td class="tcr rb">5,864</td> <td class="tcr rb">16.50</td> <td class="tcr rb">7,205</td> <td class="tcr rb">16.12</td></tr>
+<tr><td class="tcl lb rb">France</td> <td class="tcr rb">3,974</td> <td class="tcr rb">17.59</td> <td class="tcr rb">3,084</td> <td class="tcr rb">20.01</td> <td class="tcr rb">3,518</td> <td class="tcr rb">22.64</td></tr>
+<tr><td class="tcl lb rb">Italy</td> <td class="tcr rb">204</td> <td class="tcr rb">21.78</td> <td class="tcr rb">174</td> <td class="tcr rb">24.70</td> <td class="tcr rb">204</td> <td class="tcr rb">22.21</td></tr>
+<tr><td class="tcl lb rb">Austria-Hungary</td> <td class="tcr rb">2,662</td> <td class="tcr rb">11.60</td> <td class="tcr rb">3,329</td> <td class="tcr rb">14.36</td> <td class="tcr rb">3,066</td> <td class="tcr rb">13.36</td></tr>
+<tr><td class="tcl lb rb">Rumania</td> <td class="tcr rb">4,608</td> <td class="tcr rb">8.55</td> <td class="tcr rb">5,072</td> <td class="tcr rb">10.13</td> <td class="tcr rb">7,856</td> <td class="tcr rb">9.73</td></tr>
+<tr><td class="tcl lb rb">Turkey</td> <td class="tcr rb">12,966</td> <td class="tcr rb">8.93</td> <td class="tcr rb">14,253</td> <td class="tcr rb">10.05</td> <td class="tcr rb">17,389</td> <td class="tcr rb">9.37</td></tr>
+<tr><td class="tcl lb rb">Egypt</td> <td class="tcr rb">4,590</td> <td class="tcr rb">8.66</td> <td class="tcr rb">4,381</td> <td class="tcr rb">9.83</td> <td class="tcr rb">4,382</td> <td class="tcr rb">8.59</td></tr>
+<tr><td class="tcl lb rb">China (including Hong-Kong)</td> <td class="tcr rb">4,660</td> <td class="tcr rb">9.45</td> <td class="tcr rb">2,457</td> <td class="tcr rb">10.24</td> <td class="tcr rb">8,441</td> <td class="tcr rb">8.70</td></tr>
+<tr><td class="tcl lb rb">Japan</td> <td class="tcr rb">1,406</td> <td class="tcr rb">2.98</td> <td class="tcr rb">681</td> <td class="tcr rb">11.46</td> <td class="tcr rb">4,071</td> <td class="tcr rb">13.99</td></tr>
+<tr><td class="tcl lb rb">British India&mdash;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&emsp;Bombay</td> <td class="tcr rb">6,286</td> <td class="tcr rb">10.80</td> <td class="tcr rb">8,145</td> <td class="tcr rb">11.88</td> <td class="tcr rb">13,112</td> <td class="tcr rb">10.86</td></tr>
+<tr><td class="tcl lb rb">&emsp;Madras</td> <td class="tcr rb">6,683</td> <td class="tcr rb">11.07</td> <td class="tcr rb">8,288</td> <td class="tcr rb">12.48</td> <td class="tcr rb">10,930</td> <td class="tcr rb">11.91</td></tr>
+<tr><td class="tcl lb rb">&emsp;Bengal</td> <td class="tcr rb">6,777</td> <td class="tcr rb">11.04</td> <td class="tcr rb">6,596</td> <td class="tcr rb">12.82</td> <td class="tcr rb">11,068</td> <td class="tcr rb">11.20</td></tr>
+<tr><td class="tcl lb rb">&emsp;Burma</td> <td class="tcr rb">5,611</td> <td class="tcr rb">12.17</td> <td class="tcr rb">3,388</td> <td class="tcr rb">12.39</td> <td class="tcr rb">4,211</td> <td class="tcr rb">12.31</td></tr>
+<tr><td class="tcl lb rb">Straits Settlements</td> <td class="tcr rb">1,945</td> <td class="tcr rb">10.81</td> <td class="tcr rb">1,137</td> <td class="tcr rb">11.57</td> <td class="tcr rb">2,149</td> <td class="tcr rb">10.71</td></tr>
+<tr><td class="tcl lb rb">Ceylon</td> <td class="tcr rb">33</td> <td class="tcr rb">11.92</td> <td class="tcr rb">44</td> <td class="tcr rb">16.51</td> <td class="tcr rb">42</td> <td class="tcr rb">13.55</td></tr>
+<tr><td class="tcl lb rb">Other countries</td> <td class="tcr rb">21,129</td> <td class="tcr rb">12.39</td> <td class="tcr rb">21,252</td> <td class="tcr rb">13.28</td> <td class="tcr rb">23,970</td> <td class="tcr rb">12.43</td></tr>
+
+<tr><td class="tcc lb rb bb">Total and average</td> <td class="tcr allb">150,758</td> <td class="tcr allb">11.79</td> <td class="tcr allb">163,901</td> <td class="tcr allb">13.11</td> <td class="tcr allb">205,001</td> <td class="tcr allb">12.08</td></tr>
+
+<tr><td class="f80 tcl" colspan="7">* 000 omitted.</td></tr>
+</table>
+
+<p>It should be understood, however, that in some cases the Board
+of Trade figures represent only an approximation to the ultimate
+distribution, as the exports are sometimes assigned to the intermediate
+country, and in particular it is understood that a considerable
+part of the yarn sent to the Netherlands is destined for Germany or
+Austria. The large business done in yarns with the continent of
+Europe is in some respects an extension of the British home trade,
+though certain countries have their own specialities. A considerable
+business is done with European countries in doubled yarns and in
+fine counts of Egyptian, including &ldquo;gassed&rdquo; yarns, which are also
+sent intermittently to Japan. &ldquo;Extra hard&rdquo; yarns are sent to
+Rumania and other Near Eastern markets, and Russia, as the average
+price indicates, buys sparingly of very fine yarns. The trade with
+the Far East, which, though not very large for any one market, is
+important in the aggregate, is a good deal specialized, and since the
+<span class="pagenum"><a name="page277" id="page277"></a>277</span>
+development of Indian and Japanese cotton mills some of the trade
+in the coarser counts has been lost. The various Indian markets
+take largely of 40<span class="sp">s</span> mule twist and in various proportions of 30<span class="sp">s</span> mule,
+water twists, two-folds grey and bleached, fine Egyptian counts
+and dyed yarns. China also takes 40<span class="sp">s</span> mule, water twists and two-folds.
+The general export of yarn varies according to influences
+such as tariff charges, spinning and manufacturing development
+in the importing countries and the price of cotton. A particular
+effect of high-priced piece-goods is seen in various Eastern countries
+that are still partly dependent on an indigenous hand-loom industry.
+The big price of imported cloths throws the native consumer to
+some extent upon the local goods, and so stimulates the imports of
+yarn. It appears that as the native industries decline the weaving
+section persists longer than the spinning section.</p>
+</div>
+
+<p><i>Cotton Goods.</i>&mdash;Cotton goods are of an infinite variety, and the
+titles that experience or fancy have evoked are even more
+numerous than the kinds. Descriptions of the following fabrics,
+which are not of course invariably made of cotton, will be found
+in separate articles: <span class="sc"><a href="#artlinks">Baize</a></span>, <span class="sc"><a href="#artlinks">Bandana</a></span>, <span class="sc"><a href="#artlinks">Bombazine</a></span>, <span class="sc"><a href="#artlinks">Brocade</a></span>,
+<span class="sc"><a href="#artlinks">Calico</a></span>, <span class="sc"><a href="#artlinks">Cambric</a></span>, <span class="sc"><a href="#artlinks">Canvas</a></span>, <span class="sc"><a href="#artlinks">Chintz</a></span>, <span class="sc"><a href="#artlinks">Corduroy</a></span>, <span class="sc"><a href="#artlinks">Crape</a></span>,
+<span class="sc"><a href="#artlinks">Cretonne</a></span>, <span class="sc"><a href="#artlinks">Denim</a></span>, <span class="sc"><a href="#artlinks">Dimity</a></span>, <span class="sc"><a href="#artlinks">Drill</a></span>, <span class="sc"><a href="#artlinks">Duck</a></span>, <span class="sc"><a href="#artlinks">Flannelette</a></span>,
+<span class="sc"><a href="#artlinks">Fustian</a></span>, <span class="sc"><a href="#artlinks">Gauze</a></span>, <span class="sc"><a href="#artlinks">Gingham</a></span>, <span class="sc"><a href="#artlinks">Longcloth</a></span>, <span class="sc"><a href="#artlinks">Moleskin</a></span>, <span class="sc"><a href="#artlinks">Mull</a></span>,
+<span class="sc"><a href="#artlinks">Muslin</a></span>, <span class="sc"><a href="#artlinks">Nankeen</a></span>, <span class="sc"><a href="#artlinks">Print</a></span>, <span class="sc"><a href="#artlinks">Rep</a></span>, <span class="sc"><a href="#artlinks">Ticking</a></span>, <span class="sc"><a href="#artlinks">Twill</a></span>, <span class="sc"><a href="#artlinks">Velveteen</a></span>.
+The following are notes on other varieties.</p>
+
+<p><i>Grey cloth</i> is a comprehensive term that includes unbleached
+cotton cloth generally. It may be a nice question whether
+&ldquo;yellow&rdquo; would not have been the more nearly correct description.
+A very large proportion of the Lancashire export trade is
+in grey goods and a smaller yet considerable proportion of the
+home trade.</p>
+
+<p><i>Shirting</i>, which has long since ceased to refer exclusively to
+shirt cloths, includes a large proportion of Lancashire manufacture.
+Grey and white shirtings are exported to all the
+principal Eastern markets and also to Near Eastern, European,
+South American, &amp;c. markets. Certain staple kinds, such as
+39 in. 37½ yd. 8¼ &#8468;. 16 × 15 (threads to the ¼ in.), largely exported
+to China and India, are made in various localities and by many
+manufacturers. The length quoted is to some extent a conventional
+term, as the pieces in many cases actually measure
+considerably more. The export shirting trade is done mainly on
+&ldquo;repeat&rdquo; orders for well-known &ldquo;chops&rdquo; or marks. These
+trade marks are sometimes the property of the manufacturer,
+but more commonly of the exporter. Generally the China markets
+use rather better qualities than the Indian markets. The
+principal China market for shirtings and other staple goods is
+Shanghai, which holds a large stock and distributes to minor
+markets. A considerable trade is also done through Hong-Kong
+and other Far Eastern ports. The principal Indian markets are
+Calcutta, Bombay, Karachi and Madras.</p>
+
+<p><i>Shirt-cloth</i> is the term more commonly applied to what is
+actually used in the manufacture of shirts, and it may be used
+for either plain or fancy goods.</p>
+
+<p><i>Sheeting</i> has two meanings in the cotton trade: (1) the
+ordinary bed sheeting, usually a stout cloth of anything from
+45 in. to 120 in. wide (the extremes being used on the one hand for
+children&rsquo;s cots or ship bunks and on the other for old-fashioned
+four-posters), which may be either plain or twilled, bleached,
+unbleached or half-bleached; (2) a grey calico, heavier than a
+shirting, sent largely to China and other markets, usually 36 in.
+by 40 yd. and weighing about 12 &#8468;. American sheetings compete
+with Lancashire goods in the China market. The <i>Cabot</i> is
+a kind of heavy sheeting, and for the Levant markets the name
+as a trade mark is said to be the exclusive property of an American
+firm, although the general class is known by the name and
+supplied by other firms.</p>
+
+<p><i>Mexican</i> is a plain, heavy grey calico, sometimes heavily sized.
+The origin of the word is doubtful, and it seems to be an arbitrary
+term. Mexicans are exported to various markets and also used
+in the home trade. For export the dimensions are commonly
+32 or 36 in. by 24 yd., and a usual count is 18 × 18. In the
+Mexican the yarns were originally of nearly the same weight
+and number of threads to the ¼ in., an arrangement which
+gave the cloth an even appearance, thus differing from the
+&ldquo;pin-head&rdquo; or medium makes. Now, however, Mexicans are
+often made with lighter wefts, though the name is usually applied
+to the better class of cloths of the particular character. <i>Punjum</i>
+is a Mexican, generally 36 yd. in length, sent mainly to the South
+African market.</p>
+
+<p><i>T Cloth</i> is a plain grey calico, similar in kind to the Mexican
+and exported to the same markets. There is no absolute distinction
+between the two cloths, but the T cloth is generally lower in
+quality than the Mexican. The name seems to have been
+originally an arbitrary identification or trade mark.</p>
+
+<p><i>Domestic</i>, a name originally used in the sense of &ldquo;home-made,&rdquo;
+is applied especially to home-made cotton goods in the United
+States. In Great Britain it is employed rather loosely, but
+commonly to describe the kind of cloth which if exported would
+be called a Mexican. It may be either bleached or unbleached.</p>
+
+<p><i>Medium</i> is a plain calico, grey or bleached, of medium weight,
+used principally in the home and colonial trade. The word is
+sometimes particularly applied to cloths with a comparatively
+heavy weft, the distinction being made between the even
+&ldquo;Mexican make&rdquo; and the &ldquo;pin-head&rdquo; or &ldquo;medium-make.&rdquo;</p>
+
+<p><i>Raising-cloths</i> are of various kinds and may be merely mediums
+with a heavy weft, or &ldquo;condensor&rdquo; weft made from waste yarns.
+The essence of the raising-cloth is a weft that will provide plenty
+of nap and yet have sufficient fibre to maintain the strength of
+the web.</p>
+
+<p><i>Wigan</i> is a name derived from the town Wigan and seems to
+have been originally applied to a stiff canvas-like cloth used for
+lining skirts. Now it is commonly applied to medium or heavy
+makes of calico.</p>
+
+<p><i>Double-warp</i>, as its name implies, is a cloth with a twofold
+warp. It is usually a strong serviceable material and may be
+either twilled or plain. Sheetings for home trade are often
+double-warp, and double-warp twills and Wigans were and are
+used for the old-fashioned type of men&rsquo;s night-shirts.</p>
+
+<p><i>Croydon</i>, which seems to be an arbitrary trade name, is a heavy,
+bleached, plain calico, usually stiff and glossy in finish. It used
+to be sold largely in the Irish trade as well as in the English home
+trade, but it has been supplanted a good deal by softer finishes.</p>
+
+<p><i>Printing-cloth</i> is a term with a general significance, but it is also
+particularly applied to a class of plain cloths in which a very
+large trade is done both for home trade and export. The chief
+place in Lancashire for the manufacture of printing-cloths is
+Burnley, and in the United States, Fall River. The Burnley
+cloths range in width from 29 in. to 40 in., and are usually about
+120 yd. in length. The warp is commonly from 36<span class="sp">s</span> to 44<span class="sp">s</span>, the
+weft from 36<span class="sp">s</span> to 54<span class="sp">s</span>, and the threads from 13 × 13 to 20 × 20
+to the ¼ in. Cheshire printers, which are made at Hyde,
+Stockport, Glossop and elsewhere, are commonly 34 in. to 36 in.
+wide, the warp is from 32<span class="sp">s</span> to 36<span class="sp">s</span>, the weft 32<span class="sp">s</span> to 40<span class="sp">s</span>, and the
+counts 16 × 16 to 19 × 22.</p>
+
+<p><i>Jacconet</i> is understood to be the corruption of an Indian name,
+and the first jacconets were probably of Indian origin. They now
+make one of the principal staple trades of Lancashire with India.
+The jacconet is a plain cloth, lighter than a shirting and heavier
+than a mull. When bleached it is usually put into a firm and
+glossy finish. A <i>nainsook</i> is a jacconet bleached and finished soft.
+It also goes largely to India.</p>
+
+<p><i>Dhootie</i> is a name taken from a Hindu word of similar sound and
+referred originally to the loin-cloth worn by Hindus. It is a light,
+narrow cloth made with a coloured border which is often so
+elaborate as to require a dobby loom for its manufacture. The
+finer kinds, made from Egyptian yarns, are called mull-dhooties.
+The dhootie is one of the principal staples for India and is exported
+both white and grey.</p>
+
+<p><i>Scarf</i> is a kind of dhootie made usually with a taped or corded
+border.</p>
+
+<p><i>Madapolam</i> or <i>Madapollam</i> is a name derived from a suburb of
+Narsapur in the Madras presidency where the cloth was first made.
+It is now exported grey or white to India and other countries.
+In weight it is lighter than a shirting, and it is usually ornamented
+with a distinctive coloured heading.</p>
+
+<p><i>Baft</i>, probably of Persian derivation, and originally a fine cloth,
+is now a coarse and cheap cloth exported especially to Africa.</p>
+
+<p><span class="pagenum"><a name="page278" id="page278"></a>278</span></p>
+
+<p><i>Sarong</i>, the Malay word for a garment wrapped round the lower
+part of the body and used by both men and women, is now
+applied to plain or printed cloths exported to the Indian or
+Eastern Archipelago for this purpose.</p>
+
+<p><i>Jean</i>, said to be derived from Genoa where a kind of fustian
+with this title was made, is a kind of twilled cloth. The cloth is
+woven &ldquo;one end up and two ends down,&rdquo; and as there are more
+picks of weft per inch than ends of warp the diagonal lines pass
+from selvage to selvage at an angle of less than 45 degrees. The
+weft surface is the face or wearing surface of the cloth. Jeans are
+exported to China and other markets, and are also used in the
+home trade. <i>Jeanette</i> is the converse of jean, being a twill of
+&ldquo;two ends up to one down&rdquo;; the diagonal passes from selvage to
+selvage at a greater angle than 45 degrees and the warp makes the
+wearing surface.</p>
+
+<p><i>Oxford</i> is a plain-woven cloth usually with a coloured pattern,
+and is used for shirts and dresses. The name is comparatively
+modern, and is, no doubt, arbitrarily selected.</p>
+
+<p><i>Harvard</i> is a twilled cloth similar to the Oxford.</p>
+
+<p><i>Regatta</i> is a stout, coloured shirt cloth similar in make to a
+jeanette. It was originally made in blue and white stripes and
+was used largely and is still used for men&rsquo;s shirts.</p>
+
+<p>Fancy cotton goods are of great variety, and many of them
+have trade names that are
+used temporarily or occasionally.
+Apart from the large
+class of brocaded cloths made
+in Jacquard looms there are
+innumerable simpler kinds,
+including stripes and checks
+of various descriptions, such
+as Swiss, Cord, Satin, Doriah
+stripes, &amp;c. <i>Mercerized cloths</i>
+are of many kinds, as the
+mercerizing process can be
+applied to almost anything.
+<i>Lace</i> and <i>lace curtains</i> are
+made largely at Nottingham.
+Various light goods are made in
+Scotland, such as <i>book muslin</i>,
+a fine light muslin with an
+elastic finish, so called from
+being folded in book-form.</p>
+
+<p>Among the fancy cloths
+made in cotton may be mentioned:
+<i>matting</i>, which includes
+various kinds with
+some similarity in appearance
+to a matting texture; <i>matelassé</i>,
+which is in some degree
+an imitation of French dress
+goods of that name; <i>piqué</i>,
+also of French origin, woven
+in stripes in relief, which cross
+the width of the piece, and
+usually finished stiff; <i>Bedford
+cord</i>, a cheaper variety of
+piqué in which the stripes run
+the length of the piece; <i>oatmeal
+cloth</i>, which has an irregular
+surface suggesting the grain
+of oatmeal, commonly dyed
+cream colour; <i>crimp cloth</i>, in
+which a puckered effect is
+obtained by uneven shrinkage;
+<i>grenadine</i>, said to be derived
+from Granada, a light dress
+material originally made of
+silk or silk and wool; <i>brilliant</i>, a dress material, usually with a
+small raised pattern; <i>leno</i>, possibly a corrupt form of the
+French <i>linon</i> or lawn, a kind of fancy gauze used for veils
+curtains, &amp;c.; <i>lappet</i>, a light material with a figure or pattern
+produced on the surface of the cloth by needles placed in a
+sliding frame; <i>lustre</i>, a light dress material with a lustrous face
+sometimes made with a cotton warp and woolen weft; <i>zephyr</i>, a
+light, coloured dress material usually in small patterns; <i>bobbin-net</i>,
+a machine-made fabric, originally an imitation of lace made
+with bobbins on a pillow.</p>
+
+<p>Some fancy cloths have descriptive names such as <i>herringbone
+stripe</i>, and there are many arbitrary trade names, such as <i>Yosemite
+stripe</i>, which may prevail and become the designation of a regular
+class or die after a few seasons.</p>
+
+<p>Cotton linings include <i>silesia</i>, originally a linen cloth made in
+Silesia and now usually a twilled cotton cloth which is dyed
+various colours; <i>Italian cloth</i>, a kind of jean or sateen produced
+originally in Italy. Various cotton cloths are imitations of other
+textures and have modified names which indicate their superficial
+character, frequently produced by finishing processes. Among
+these are <i>sateen</i>, which, dyed or printed, is largely used for
+dresses, linings, upholstery, &amp;c.; <i>linenette</i>, dyed and finished to
+imitate coloured linen in the north of Ireland and elsewhere;
+<i>hollandette</i>, usually unbleached or half-bleached and finished to
+imitate linen holland; and <i>interlining</i>, a coarse, plain white
+calico used as padding for linen collars.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">Country.</td>
+ <td class="tccm allb" colspan="2">1903.</td> <td class="tccm allb" colspan="2">1904.</td> <td class="tccm allb" colspan="2">1905.</td></tr>
+<tr><td class="tccm allb">Thousands<br />of Yards.</td> <td class="tccm allb">Price<br />per Yard.</td>
+ <td class="tccm allb">Thousands<br />of Yards.</td> <td class="tccm allb">Price<br />per Yard.</td>
+ <td class="tccm allb">Thousands<br />of Yards.</td> <td class="tccm allb">Price<br />per Yard.</td></tr>
+
+<tr><td class="tcl lb rb">Germany</td> <td class="tcr rb">60,650</td> <td class="tcc rb">3.77</td> <td class="tcr rb">60,129</td> <td class="tcc rb">4.02</td> <td class="tcr rb">65,842</td> <td class="tcc rb">3.98</td></tr>
+<tr><td class="tcl lb rb">Netherlands</td> <td class="tcr rb">47,570</td> <td class="tcc rb">3.57</td> <td class="tcr rb">46,187</td> <td class="tcc rb">3.68</td> <td class="tcr rb">56,639</td> <td class="tcc rb">3.47</td></tr>
+<tr><td class="tcl lb rb">Belgium</td> <td class="tcr rb">52,199</td> <td class="tcc rb">4.34</td> <td class="tcr rb">56,237</td> <td class="tcc rb">4.42</td> <td class="tcr rb">67,509</td> <td class="tcc rb">4.41</td></tr>
+<tr><td class="tcl lb rb">France</td> <td class="tcr rb">17,552</td> <td class="tcc rb">4.61</td> <td class="tcr rb">17,759</td> <td class="tcc rb">4.39</td> <td class="tcr rb">14,875</td> <td class="tcc rb">4.65</td></tr>
+<tr><td class="tcl lb rb">Portugal, Azores and Madeira</td> <td class="tcr rb">32,824</td> <td class="tcc rb">2.70</td> <td class="tcr rb">29,440</td> <td class="tcc rb">2.92</td> <td class="tcr rb">29,867</td> <td class="tcc rb">3.03</td></tr>
+<tr><td class="tcl lb rb">Italy</td> <td class="tcr rb">6,363</td> <td class="tcc rb">5.07</td> <td class="tcr rb">7,904</td> <td class="tcc rb">5.19</td> <td class="tcr rb">8,746</td> <td class="tcc rb">5.31</td></tr>
+<tr><td class="tcl lb rb">Austria-Hungary</td> <td class="tcr rb">2,405</td> <td class="tcc rb">3.44</td> <td class="tcr rb">2,102</td> <td class="tcc rb">3.40</td> <td class="tcr rb">1,905</td> <td class="tcc rb">3.60</td></tr>
+<tr><td class="tcl lb rb">Greece</td> <td class="tcr rb">40,973</td> <td class="tcc rb">2.64</td> <td class="tcr rb">32,658</td> <td class="tcc rb">3.11</td> <td class="tcr rb">28,190</td> <td class="tcc rb">3.20</td></tr>
+<tr><td class="tcl lb rb">Turkey</td> <td class="tcr rb">305,611</td> <td class="tcc rb">2.45</td> <td class="tcr rb">379,557</td> <td class="tcc rb">2.53</td> <td class="tcr rb">376,209</td> <td class="tcc rb">2.53</td></tr>
+<tr><td class="tcl lb rb">Egypt</td> <td class="tcr rb">229,704</td> <td class="tcc rb">2.41</td> <td class="tcr rb">283,521</td> <td class="tcc rb">2.57</td> <td class="tcr rb">272,737</td> <td class="tcc rb">2.53</td></tr>
+<tr><td class="tcl lb rb">Algeria</td> <td class="tcr rb">709</td> <td class="tcc rb">2.74</td> <td class="tcr rb">438</td> <td class="tcc rb">2.71</td> <td class="tcr rb">455</td> <td class="tcc rb">2.63</td></tr>
+<tr><td class="tcl lb rb">Morocco</td> <td class="tcr rb">52,368</td> <td class="tcc rb">2.28</td> <td class="tcr rb">51,262</td> <td class="tcc rb">2.44</td> <td class="tcr rb">44,407</td> <td class="tcc rb">2.44</td></tr>
+<tr><td class="tcl lb rb">Foreign West Africa</td> <td class="tcr rb">64,589</td> <td class="tcc rb">2.92</td> <td class="tcr rb">55,131</td> <td class="tcc rb">3.12</td> <td class="tcr rb">69,163</td> <td class="tcc rb">3.08</td></tr>
+<tr><td class="tcl lb rb">Persia</td> <td class="tcr rb">34,859</td> <td class="tcc rb">2.46</td> <td class="tcr rb">33,119</td> <td class="tcc rb">2.67</td> <td class="tcr rb">38,647</td> <td class="tcc rb">2.59</td></tr>
+<tr><td class="tcl lb rb">Dutch East Indies</td> <td class="tcr rb">156,905</td> <td class="tcc rb">2.45</td> <td class="tcr rb">185,196</td> <td class="tcc rb">2.72</td> <td class="tcr rb">226,586</td> <td class="tcc rb">2.57</td></tr>
+<tr><td class="tcl lb rb">Philippine Islands</td> <td class="tcr rb">25,558</td> <td class="tcc rb">2.59</td> <td class="tcr rb">25,969</td> <td class="tcc rb">2.86</td> <td class="tcr rb">42,876</td> <td class="tcc rb">2.66</td></tr>
+<tr><td class="tcl lb rb">China, including Hong-Kong</td> <td class="tcr rb">477,691</td> <td class="tcc rb">2.83</td> <td class="tcr rb">548,974</td> <td class="tcc rb">3.34</td> <td class="tcr rb">799,732</td> <td class="tcc rb">3.06</td></tr>
+<tr><td class="tcl lb rb">Japan</td> <td class="tcr rb">67,315</td> <td class="tcc rb">3.08</td> <td class="tcr rb">42,373</td> <td class="tcc rb">3.34</td> <td class="tcr rb">128,725</td> <td class="tcc rb">2.99</td></tr>
+<tr><td class="tcl lb rb">United States of America</td> <td class="tcr rb">72,360</td> <td class="tcc rb">6.80</td> <td class="tcr rb">52,391</td> <td class="tcc rb">7.18</td> <td class="tcr rb">65,563</td> <td class="tcc rb">7.40</td></tr>
+<tr><td class="tcl lb rb">Foreign West Indies</td> <td class="tcr rb">86,349</td> <td class="tcc rb">2.08</td> <td class="tcr rb">98,797</td> <td class="tcc rb">2.21</td> <td class="tcr rb">80,679</td> <td class="tcc rb">2.24</td></tr>
+<tr><td class="tcl lb rb">Mexico</td> <td class="tcr rb">19,327</td> <td class="tcc rb">3.10</td> <td class="tcr rb">21,679</td> <td class="tcc rb">3.42</td> <td class="tcr rb">21,028</td> <td class="tcc rb">3.31</td></tr>
+<tr><td class="tcl lb rb">Central America</td> <td class="tcr rb">40,879</td> <td class="tcc rb">1.97</td> <td class="tcr rb">53,018</td> <td class="tcc rb">2.21</td> <td class="tcr rb">49,523</td> <td class="tcc rb">2.29</td></tr>
+<tr><td class="tcl lb rb">Colombia and Panama</td> <td class="tcr rb">44,299</td> <td class="tcc rb">2.25</td> <td class="tcr rb">44,648</td> <td class="tcc rb">2.54</td> <td class="tcr rb">31,798</td> <td class="tcc rb">2.41</td></tr>
+<tr><td class="tcl lb rb">Venezuela</td> <td class="tcr rb">52,330</td> <td class="tcc rb">1.87</td> <td class="tcr rb">52,934</td> <td class="tcc">2.07</td> <td class="tcr rb">32,717</td> <td class="tcc rb">2.11</td></tr>
+<tr><td class="tcl lb rb">Peru</td> <td class="tcr rb">28,962</td> <td class="tcc rb">2.66</td> <td class="tcr rb">32,430</td> <td class="tcc rb">2.85</td> <td class="tcr rb">39,035</td> <td class="tcc rb">2.78</td></tr>
+<tr><td class="tcl lb rb">Chile</td> <td class="tcr rb">84,118</td> <td class="tcc rb">2.50</td> <td class="tcr rb">80,836</td> <td class="tcc rb">2.57</td> <td class="tcr rb">96,996</td> <td class="tcc rb">2.62</td></tr>
+<tr><td class="tcl lb rb">Brazil</td> <td class="tcr rb">152,402</td> <td class="tcc rb">2.64</td> <td class="tcr rb">134,841</td> <td class="tcc rb">2.89</td> <td class="tcr rb">131,504</td> <td class="tcc rb">2.50</td></tr>
+<tr><td class="tcl lb rb">Uruguay</td> <td class="tcr rb">44,062</td> <td class="tcc rb">2.79</td> <td class="tcr rb">35,670</td> <td class="tcc rb">2.85</td> <td class="tcr rb">56,770</td> <td class="tcc rb">2.95</td></tr>
+<tr><td class="tcl lb rb">Argentine Republic</td> <td class="tcr rb">151,003</td> <td class="tcc rb">2.91</td> <td class="tcr rb">186,022</td> <td class="tcc rb">3.04</td> <td class="tcr rb">159,115</td> <td class="tcc rb">3.24</td></tr>
+<tr><td class="tcl lb rb">Gibraltar</td> <td class="tcr rb">11,961</td> <td class="tcc rb">2.39</td> <td class="tcr rb">10,578</td> <td class="tcc rb">2.47</td> <td class="tcr rb">3,960</td> <td class="tcc rb">2.73</td></tr>
+<tr><td class="tcl lb rb">Malta</td> <td class="tcr rb">4,065</td> <td class="tcc rb">3.11</td> <td class="tcr rb">3,659</td> <td class="tcc rb">3.45</td> <td class="tcr rb">4,006</td> <td class="tcc rb">3.31</td></tr>
+<tr><td class="tcl lb rb">British W. Africa</td> <td class="tcr rb">69,795</td> <td class="tcc rb">3.27</td> <td class="tcr rb">69,308</td> <td class="tcc rb">3.43</td> <td class="tcr rb">74,392</td> <td class="tcc rb">3.40</td></tr>
+<tr><td class="tcl lb rb">British S. Africa</td> <td class="tcr rb">61,778</td> <td class="tcc rb">3.61</td> <td class="tcr rb">29,670</td> <td class="tcc rb">4.03</td> <td class="tcr rb">50,592</td> <td class="tcc rb">3.69</td></tr>
+<tr><td class="tcl lb rb">British India&mdash;</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&emsp;Bombay</td> <td class="tcr rb">678,684</td> <td class="tcc rb">2.07</td> <td class="tcr rb">818,261</td> <td class="tcc rb">2.23</td> <td class="tcr rb">908,619</td> <td class="tcc rb">2.24</td></tr>
+<tr><td class="tcl lb rb">&emsp;Madras</td> <td class="tcr rb">132,825</td> <td class="tcc rb">2.48</td> <td class="tcr rb">141,675</td> <td class="tcc rb">2.63</td> <td class="tcr rb">131,145</td> <td class="tcc rb">2.62</td></tr>
+<tr><td class="tcl lb rb">&emsp;Bengal</td> <td class="tcr rb">1,122,004</td> <td class="tcc rb">1.97</td> <td class="tcr rb">1,215,607</td> <td class="tcc rb">2.18</td> <td class="tcr rb">1,280,314</td> <td class="tcc rb">2.18</td></tr>
+<tr><td class="tcl lb rb">&emsp;Burma</td> <td class="tcr rb">64,654</td> <td class="tcc rb">2.84</td> <td class="tcr rb">79,765</td> <td class="tcc rb">3.10</td> <td class="tcr rb">72,528</td> <td class="tcc rb">3.13</td></tr>
+<tr><td class="tcl lb rb">Straits Settlements*</td> <td class="tcr rb">112,006</td> <td class="tcc rb">2.61</td> <td class="tcr rb">100,230</td> <td class="tcc rb">2.84</td> <td class="tcr rb">121,690</td> <td class="tcc rb">2.71</td></tr>
+<tr><td class="tcl lb rb">Ceylon</td> <td class="tcr rb">17,395</td> <td class="tcc rb">2.75</td> <td class="tcr rb">19,336</td> <td class="tcc rb">2.95</td> <td class="tcr rb">24,991</td> <td class="tcc rb">2.94</td></tr>
+<tr><td class="tcl lb rb">Australia</td> <td class="tcr rb">106,000</td> <td class="tcc rb">3.83</td> <td class="tcr rb">128,247</td> <td class="tcc rb">4.01</td> <td class="tcr rb">136,481</td> <td class="tcc rb">3.85</td></tr>
+<tr><td class="tcl lb rb">New Zealand</td> <td class="tcr rb">38,499</td> <td class="tcc rb">3.58</td> <td class="tcr rb">33,538</td> <td class="tcc rb">3.81</td> <td class="tcr rb">32,315</td> <td class="tcc rb">3.63</td></tr>
+<tr><td class="tcl lb rb">Canada</td> <td class="tcr rb">47,439</td> <td class="tcc rb">4.15</td> <td class="tcr rb">49,903</td> <td class="tcc rb">4.25</td> <td class="tcr rb">45,189</td> <td class="tcc rb">4.47</td></tr>
+<tr><td class="tcl lb rb">British West India Islands,</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&emsp;Bahamas and British Guiana</td> <td class="tcr rb">49,614</td> <td class="tcc rb">2.49</td> <td class="tcr rb">43,487</td> <td class="tcc rb">2.61</td> <td class="tcr rb">47,173</td> <td class="tcc rb">2.21</td></tr>
+<tr><td class="tcl lb rb">Other countries</td> <td class="tcr rb">188,662</td> <td class="tcc rb">2.84</td> <td class="tcr rb">197,339</td> <td class="tcc rb">3.14</td> <td class="tcr rb">226,971</td> <td class="tcc rb">3.03</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">5,157,316</td> <td class="tcc allb">2.57</td> <td class="tcr allb">5,591,822</td> <td class="tcc allb">2.75</td> <td class="tcr allb">6,198,200</td> <td class="tcc allb">2.74</td></tr>
+
+<tr><td class="tcl f80" colspan="7">* Including Federated Malay States.</td></tr>
+</table>
+
+<p>Various cotton imitations share the name of the original, such
+as lawn, batiste, serge, huckaback, galloon, and a large number
+of names are of obvious derivation and use, such as umbrella
+cloth, apron cloth, sail cloth, book-binding cloth, shroud cloth,
+<span class="pagenum"><a name="page279" id="page279"></a>279</span>
+butter cloth, mosquito netting, handkerchief, blanket, towelling,
+bagging.</p>
+
+<p>Among the miscellaneous cloths made or made partly of cotton
+may be mentioned: <i>waste cloths</i>, made from waste yarns and
+usually coarse in texture; <i>khaki cloth</i>, made largely for military
+clothing in cotton as well as in woollen; <i>cottonade</i>, a name given to
+various coarse low cloths in the United States and elsewhere;
+<i>lasting</i>, which seems to be an abbreviation of &ldquo;lasting cloth,&rdquo; a
+stiff, durable texture used in making shoes, &amp;c.; <i>bolting cloth</i>,
+used in bolting or sifting; <i>brattice cloth</i>, a stout, tarred cloth made
+of cotton or wool and used for bratticing or lining the sides of
+shafts in mines; <i>sponge cloths</i>, used for cleaning machinery;
+<i>shoddy</i> and <i>mungo</i>, which though mainly woollen have frequently
+a cotton admixture; and <i>splits</i>, either plain or fancy, usually of
+low quality, which include any cloth woven two or three in the
+breadth of the loom and &ldquo;split&rdquo; into the necessary width.
+Cotton is used too for many miscellaneous purposes, including
+the manufacture of lamp wicks and even of billiard balls.</p>
+
+<p><i>British Cotton Cloth Exports.</i>&mdash;The main lines of the Lancashire
+export trade in cotton goods are indicated in the Board of Trade
+returns. The table on p. 278 compiled from them is taken from
+the <i>Manchester Guardian</i>. It gives in thousands of yards the
+quantities of cotton goods exported from Great Britain during
+1903, 1904 and 1905 respectively, together with average value per
+yard for each of the countries.</p>
+
+<p>The following table gives, approximately, in thousands of yards
+the quantities exported of the four main divisions of cotton
+cloths:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2"></td>
+ <td class="tccm allb">1903.</td> <td class="tccm allb">1904.</td> <td class="tccm allb">1905.</td></tr>
+<tr><td class="tccm allb">Thousands<br />of Yards.</td> <td class="tccm allb">Thousands<br />of Yards.</td> <td class="tccm allb">Thousands<br />of Yards.</td></tr>
+
+<tr><td class="tcl lb rb">Grey or unbleached</td> <td class="tcr rb">1,880,321</td> <td class="tcr rb">2,033,895</td> <td class="tcr rb">2,336,018</td></tr>
+<tr><td class="tcl lb rb">Bleached</td> <td class="tcr rb">1,326,255</td> <td class="tcr rb">1,528,165</td> <td class="tcr rb">1,710,742</td></tr>
+<tr><td class="tcl lb rb">Printed</td> <td class="tcr rb">1,027,925</td> <td class="tcr rb">1,036,901</td> <td class="tcr rb">1,053,900</td></tr>
+<tr><td class="tcl lb rb bb">Dyed and coloured</td> <td class="tcr rb bb">922,735</td> <td class="tcr rb bb">993,009</td> <td class="tcr rb bb">1,097,540</td></tr>
+</table>
+
+<p>In the case of cloth, too, the Board of Trade returns must not be
+taken as an absolute record of imports to the particular countries,
+as the ultimate recipient is not always determined. The development
+of the Eastern trade has been one of the most remarkable
+features of the cotton trade in the 19th century. Professor
+Chapman writes in his <i>Cotton Industry and Trade</i>: &ldquo;In 1820
+Europe received about half the cotton fabrics which were sent
+abroad, while the United States received nearly one-tenth and
+eastern Asia little more than one-twentieth. By 1880 Europe
+was taking less than one-twelfth, the United States less than
+one-fiftieth, and eastern Asia more than a half.&rdquo;</p>
+
+<p>Naturally a trade tends to find out the most direct means of
+distribution, and Manchester merchants are now generally in
+direct connexion with native dealers in India. Bombay was the
+pioneer in the custom, followed now by Calcutta and Karachi, by
+which deliveries of goods from British merchants remained under
+the control of the banks until the native dealers took them up.
+Manchester business with India, China, &amp;c., is done under
+various conditions, however, and a good many firms have
+branches abroad. The regular &ldquo;indent&rdquo; by which most of the
+Manchester Eastern business is conducted now implies a definite
+offer for shipment from the dealer abroad, either direct or through
+the exporter&rsquo;s agents, and commonly includes freight and insurance.
+The term &ldquo;commission agent&rdquo; is now discredited, and
+buying done by Manchester houses on simple commission terms
+is unusual though not unknown. This has been so since the
+famous law case of <i>Williamson</i> v. <i>Barbour</i> in 1877, when it was
+established that whatever might be the custom of the trade a
+commission agent was not entitled to make a profit over his
+commission on the various processes, such as handling and
+packing, which are a necessary part of the exporter&rsquo;s work. A
+good deal of business is done, however, for South America and
+other markets in which the goods are bought for delivery in the
+Manchester warehouse, all charges for packing, &amp;c., and carriage
+being extra.</p>
+
+<p>Transactions with distant markets are now done almost entirely
+by cable, and a remarkable development of the telegraphic
+code has enabled merchants to pack a good deal into a brief
+message. A cable sent to India in the evening may bring a reply
+next morning, and in these days of rapid cotton fluctuations mail
+advices are confined mainly to general discussion, hypothetical
+inquiry, advice, admonition and complaint. Some Manchester
+export business is done through London, Glasgow, and continental
+towns, of which Hamburg is the principal. Glasgow buys largely
+of yarns and cloth, some considerable part of which is dyed or
+printed, for India and elsewhere, and has an indigenous manufacture
+and trade in fine goods such as book-muslins and lappets,
+a somewhat delicate department of manufacture which necessitates
+a slower running of machinery than is usual in Lancashire.</p>
+
+<p>Besides the indent business there is, of course, purely merchant
+business by Manchester exporters, who buy on their own initiative
+at what they consider to be opportune times or on recommendations
+from their houses or correspondents abroad. In the
+Indian trade, especially in the Calcutta trade, a large proportion
+of the total amount is done by a few houses who buy in this way,
+and there is some difference of opinion as to whether the method,
+which had fallen out of fashion, may not further develop. It is
+more speculative than the indent business, but the dealing with
+large quantities which it involves gives the opportunity to buy
+very cheaply. A good many firms venture occasionally to buy in
+anticipation of their customers&rsquo; needs, especially when they expect
+a rising market. During the great trade &ldquo;boom&rdquo; of 1905 there
+was a good deal of buying by exporters in advance of their
+indents because manufacturers continued to contract engagements
+which threatened to exclude dilatory buyers. On the whole,
+however, what may be called the speculative centre of gravity
+of Great Britain&rsquo;s export business in cotton goods is not in
+Manchester but abroad.</p>
+
+<p>The terms on which business is conducted are various even in a
+single market, and it is sometimes a reproach that British firms
+are old-fashioned in their reluctance to give credit. The so-called
+enterprising methods of some German traders are, however,
+condemned by many experienced English traders, and it is said
+that in China, for instance, the seeming successes of the newcomers
+are delusive. The Tientsin developments of German
+business on credit terms are said to have proved unsatisfactory,
+and heavy losses were suffered in Hong-Kong some years ago by
+merchants who endeavoured to initiate a bolder system of trading.
+The very common complaint of British consuls that British
+firms neglect to send out travellers may have some foundation,
+but a commercial house naturally follows the line of least resistance
+to the development of its trade, and cannot be expected to
+work remote and barren ground when better opportunities are
+near at hand. On the whole it appears that the British cotton
+trade continues to increase to a satisfactory degree in fancy and
+special goods, which require for their production a comparatively
+high degree of technical skill, and are more lucrative than some
+of the simpler products in which competitors have been most
+formidable. Various finishing processes, and particularly the
+mercerizing of yarn and cloth, have increased the possibilities in
+cotton materials, and while staples still form the bulk of our
+foreign trade, it seems that as the stress of competition in these
+grows acute, more and more of our energy may be transferred to
+the production of goods which appeal to a growing taste or fancy.</p>
+
+<p><i>British Home Trade.</i>&mdash;The home trade in cotton cloths is a
+great and important section, but it is not comparable in volume to
+the export trade. It involves more numerous and more elaborate
+processes, and the qualities for home use are generally finer and
+more costly than those for export. Of course by far the larger
+part of the yarn spun in Lancashire is woven in Lancashire, but of
+the cotton cloth woven in Lancashire it is roughly estimated that
+about 20% is used in Great Britain. Not only is the average of
+quality better, but the variety of kinds and designs is greater in
+the home trade than in the export trade. A good home trade
+connexion is considered an extremely valuable asset, and as the
+trade is highly differentiated the profits are usually good. Some
+manufacturers devote themselves exclusively to the home trade,
+<span class="pagenum"><a name="page280" id="page280"></a>280</span>
+and some exclusively to foreign trade, but there is a large class
+with what may be called a margin of alternation, which serves to
+redress the balance as business in one or other of the sections is
+good or bad.</p>
+
+<p>Certain kinds of light goods made for India and other Eastern
+markets are not used in the home trade, and the typical Eastern
+staples are not generally used in their particular &ldquo;sizings,&rdquo; but
+with these exceptions and various specialities almost every kind
+of cotton cloth is used to some extent in Great Britain. Grey
+calicoes for home use, except the lowest kinds, are comparatively
+pure, and of late years the heavy fillings which used to be common
+in bleached goods have become discredited. The housewife long
+persisted in deceiving herself by purchasing filled calicoes, and the
+movement in favour of purer goods owes a good deal, strangely
+enough, to the increase in the making-up trade and the consequent
+inconveniences to workers of sewing machines, whose needles
+were constantly broken by hard filled calicoes.</p>
+
+<p>This development of the making-up trade has become an
+important element in the home trade, and it has greatly reduced
+the retail sale of piece-goods. The purchase of ready-made shirts,
+underclothing, &amp;c., corresponds to a change in the habits of the
+people. The factories which have been erected in the north of
+Ireland, on the outskirts of London and elsewhere turn out
+millions of garments that would, under the old conditions, have
+been made at home. It is not necessary here to balance the
+advantages and disadvantages of the two systems, and it must not
+be supposed that made-up cotton garments are necessarily cheap
+and inefficient.</p>
+
+<p>The chief distributing centre of cotton made-up goods is
+London, though a considerable trade is done through wholesale
+houses in Manchester and elsewhere. Large warehouses in the
+city of London carry on the trade and frequently supply Lancashire
+with her own goods. Of course the partial loss of the
+piece-goods trade by the shops is not a loss in aggregate trade, as
+they are the ultimate distributors of the made-up garments,
+which are probably at least as profitable to retail as calico or
+flannelette sold in lengths.</p>
+
+<p>The normal course of home trade piece-goods is from manufacturer
+to bleacher, dyer, printer or finisher, either on account of
+a merchant to whom the goods are sold or on the manufacturer&rsquo;s
+own account. By far the majority of Lancashire manufacturers
+sell their goods as they come from the loom, or, as it is called, in
+the &ldquo;grey state,&rdquo; but an increasing number now cultivate the
+trade in finished goods. Usually the manufacturer sells either
+directly or through an agent to a merchant who sells again to the
+shopkeeper, but the last twenty or thirty years have seen a
+considerable development of more direct dealing. Some manufacturers
+now go to the shopkeeper, and this has made it difficult
+for the merchant with a limited capital and therefore a limited
+assortment to survive. The great general houses such as
+Rylands&rsquo;s, Philips&rsquo;s and Watt&rsquo;s in Manchester, and Cook&rsquo;s and
+Pawson&rsquo;s in London, some of which are manufacturers to a minor
+degree, continue to flourish because under one roof they can
+supply all that the draper requires, and so enable him to economize
+in the time spent in buying and to save himself the trouble
+of attending to many accounts. Some general merchants,
+indeed, supply what are practically &ldquo;tied houses,&rdquo; which give all
+their trade in return for pecuniary assistance or special terms.</p>
+
+<p>The tendency to eliminate the middleman has not only
+brought a good many manufacturers into direct relation with the
+shopkeeper, but in some exceptional cases the manufacturer,
+adopting some system of broadcast advertisement and postal
+delivery, has dealt with the consumer. Naturally, the merchant
+resents any developments which exclude him, and some mild forms
+of boycott have occasionally been instituted. In the United
+States there has been an arduous struggle over this question, and
+combinations of merchants have sometimes compelled favourable
+terms. In England, though the merchant has maintained a great
+part of the trade with shopkeepers, the developing trade with
+makers of shirts, underclothing, &amp;c., is mainly done by the
+manufacturers directly, and perhaps the simplification of
+relations by direct dealing in the cotton trade has now reached
+a point of fairly stable compromise. The tendency to direct
+trading is naturally controlled by the exigencies of capital. Those
+manufacturers who act as merchants aim to retain the merchant
+profit and must employ a merchant capital in stocks. There has
+been a tendency, indeed, to make the manufacturer the stock-keeper,
+and some merchants do little more than pass on the
+goods a stage after taking toll. The great improvement in trade
+during 1905 and 1906 checked this tendency, and probably the
+manufacturing extensions owed something to the capital set free
+by the reductions of stocks.</p>
+
+<p>It must be noted, however, that while most of the spinning
+concerns are worked by limited companies or individuals with a
+considerable capital, a good many small manufacturers exist who
+have little capital and are practically <span class="correction" title="amended from financied">financed</span> by their agents or
+customers. This is so in both the export and home trades.</p>
+
+<p>The home trade merchant or merchant-manufacturer works
+largely through agents and travellers, and though railway
+facilities continue to improve, some shopkeepers rarely visit their
+markets. The difficulty that is naturally experienced by a
+traveller in finding sufficient support on a sparsely populated
+&ldquo;ground&rdquo; has brought into vogue the traveller on commission
+who represents several firms. The traveller with salary and
+allowances for expenses survives, but the quickening induced by
+an interest in the amount of sales has caused many firms to adopt
+the principle of commission, which may, however, be an addition
+to a minimum salary. Of course, such travellers are not peculiar
+to the cotton trade, but cotton goods in various forms are an
+important factor in the home trade.</p>
+
+<p>The profits of manufacturers, merchants and shopkeepers are
+commonly very much less on the lower classes of cotton goods
+than on the higher ones. Thus while there may be a difference of
+1d. per yd. between the qualities on a manufacturer&rsquo;s list, the
+difference in cost may not be more than a farthing; and, again,
+while the shopkeeper sometimes pays 2½d. or even 2<span class="spp">5</span>&frasl;<span class="suu">8</span>d. per yd.
+for a calico to retail at 2¾d., his next selling price may be 3¾d. for
+one which costs him only 2¾d. or 3d. per yd. It appears, therefore,
+that if the poorer classes of the community have the
+discretion to avoid the lowest qualities they may obtain very good
+value in serviceable goods. In the matter of profits, however,
+there is a good deal of irregularity.</p>
+
+<p><i>The Manchester Royal Exchange.</i>&mdash;There are not many cotton
+mills or weaving sheds in Manchester, which is, however, the
+great distributive centre, and its Exchange is the meeting-place of
+most classes of buyers and sellers in the cotton trade and various
+trades allied to it. As buyers of finished goods for London and the
+country do not attend it, certain departments of the home trade
+are hardly represented, but practically all the spinners and
+manufacturers and all the export merchants of any importance
+are subscribers. Transactions between spinners and manufacturers
+are largely effected on Tuesdays and Fridays, the old
+&ldquo;market days,&rdquo; when the manufacturing towns are well represented,
+but a large amount of business is transacted every day.
+Besides the persons immediately concerned in the cotton trade and
+connected with allied trades, a large number of members find it
+convenient to use this great meeting-place as a means of approach
+to a body of responsible persons. Thus not only bleachers,
+carriers, chemical manufacturers, mill furnishers and accountants
+find their way there, but also tanners, timber merchants,
+stockbrokers and even wine merchants. Since the Ship Canal
+made Manchester into a cotton port there has been a steady
+development of the raw cotton trade in Manchester, and many
+cotton brokers and merchants have Manchester offices or pay
+regular visits from Liverpool.</p>
+
+<p>The various expansions and developments have made it
+difficult to maintain the ratio between accommodation and
+requirements, and although overcrowding is troublesome only
+during some three or four hours a week, at &ldquo;high &rsquo;Change&rdquo; on
+market days, various complaints and suggestions provoked in
+1906 an appeal from the chairman of directors to the Manchester
+corporation. This took the form of a suggestion that the
+Exchange should be worked as a municipal institution on a new
+site, and though such a development met with opposition it was
+<span class="pagenum"><a name="page281" id="page281"></a>281</span>
+apparent that Manchester must presently have a new or an
+enlarged Exchange. The present building is, however, the
+largest of the kind in the world, and the history of the various
+exchanges coincides with the expansion of the Lancashire
+industry.</p>
+
+<p>According to semi-official records &ldquo;the first building in the
+nature of an Exchange&rdquo; was erected in 1729 by Sir Oswald
+Mosley, and though designed for &ldquo;chapmen to meet and transact
+their business&rdquo; it appears that, as to-day, encroachments were
+made by other traders until cotton manufacturers and merchants
+preferred to do their business in the street. In 1792 the building
+was demolished, and for a period of some eighteen years there was
+nothing of the kind. In 1809 the new Exchange was opened, and
+terms of membership were fixed at two guineas for those within
+5 m. of the building and one guinea for those outside this radius.
+In the following year plans for enlargement were submitted to the
+shareholders, and various extensions followed, particularly in
+1830 and 1847. The present building was opened partly in 1871
+and partly in 1874. The area of the great room is 4405 sq. yds.
+The subscription was raised on the 1st of January 1906 from
+three guineas to four guineas for new members, but the number of
+members continues to increase and early in 1906 amounted
+to 8786.</p>
+
+<p>Of course in this great mart a large variety of types is to be
+found and the members fall into some kind of rough grouping.
+Export buyers, attended by salesmen, are commonly more or less
+stationary and prominent; Burnley manufacturers abound in one
+locality and spinners of Egyptian yarns in another. The importance
+of the Exchange as a bargaining centre is fairly maintained,
+though buyers are assiduously cultivated in their own offices, and
+the telephone has done a good deal to abbreviate negotiation.
+As to the amount of business transacted on the Exchange there
+is no record. The market reporters make some attempt to
+materialize the current gossip, and doubtless catch well enough
+the great movements in the ebb and flow of demand, but the sum
+of countless obscure transactions cannot be estimated. Some
+few years ago an attempt was made to mark more clearly the
+course of business in Manchester, and a scheme was prepared for
+the recording of daily transactions. This could only have been a
+somewhat rough affair, but its originator maintained reasonably
+that it would be of interest if some indication of the daily movements
+could be obtained. For some time a memorandum of the
+total of daily sales reported was posted on &rsquo;Change, but the
+indifference of traders, together with the distrust that makes any
+innovation difficult, caused the scheme to be abandoned.</p>
+
+<p>It would be difficult in any attempt to estimate the volume of
+British home trade to distinguish what may be called the
+effective movements of goods. There is a considerable amount
+of re-selling both in yarn and cloth, and, though the bulk of
+cotton goods finds the way through regular and normal channels
+to the consumer, these channels are not always direct. A good
+many transactions on the Manchester Exchange are intermediate,
+without fulfilling any useful function, and could be accomplished
+by the principals if they were brought together. Agents, of whom
+there are many, sometimes occupy a precarious position, but they
+are protected in some degree by law as well as by the custom of
+the trade and the point of honour. Points of honour in the
+Manchester business may seem to be arbitrarily selected, but they
+are an important part of the scheme. An immense amount of
+business is done without any apparent check against repudiation.
+It is, of course, the verbal bargain that binds, and large transactions
+are commonly completed without witnesses, though before
+the contract or memorandum of sale passes the fluctuations of the
+market may have made the bargain, to one side or the other, a
+very bad one.</p>
+<div class="author">(A. N. M.)</div>
+
+<hr class="foot" /> <div class="note">
+
+<p><a name="Footnote_1b" id="Footnote_1b" href="#FnAnchor_1b"><span class="fn">1</span></a> It is related that in the year
+1784 William Rathbone, an American
+merchant resident in Liverpool,
+received from one of his
+correspondents in the southern
+states a consignment of eight bags
+of cotton, which on its arrival in
+Liverpool was seized by the custom-house
+officers, on the allegation that
+it could not have been grown in
+the United States, and that it was
+liable to seizure under the Shipping
+Acts, as not being imported in a
+vessel belonging to the country of
+its growth. When afterwards released,
+it lay for many months
+unsold, in consequence of the spinners
+doubting whether it could be
+profitably worked up.</p>
+
+<p><a name="Footnote_2b" id="Footnote_2b" href="#FnAnchor_2b"><span class="fn">2</span></a> Taken with some modifications from the <i>Agricultural News</i>
+(1907), vi. p. 38.</p>
+
+<p><a name="Footnote_3b" id="Footnote_3b" href="#FnAnchor_3b"><span class="fn">3</span></a> Cotton Production 1906, <i>U.S.A. Bureau of the Census</i>, Bulletin
+No. 76.</p>
+
+<p><a name="Footnote_4b" id="Footnote_4b" href="#FnAnchor_4b"><span class="fn">4</span></a> <i>Cotton Culture and the Cotton Trade</i>, p. 298.</p>
+
+<p><a name="Footnote_5b" id="Footnote_5b" href="#FnAnchor_5b"><span class="fn">5</span></a> <i>The Cotton Trade of Great Britain</i>, by Thomas Ellison, p. 186.</p>
+
+<p><a name="Footnote_6b" id="Footnote_6b" href="#FnAnchor_6b"><span class="fn">6</span></a> See article on &ldquo;Dealings in Futures in the Cotton Market,&rdquo; in
+the <i>Journal of the Royal Statistical Society</i>, vol. lxix, p. 325.</p>
+
+<p><a name="Footnote_7b" id="Footnote_7b" href="#FnAnchor_7b"><span class="fn">7</span></a> Journal of the Statistical Society, 1906.</p>
+
+<p><a name="Footnote_8b" id="Footnote_8b" href="#FnAnchor_8b"><span class="fn">8</span></a> See paper in the Journal of the Statistical Society for June 1906.</p>
+
+<p><a name="Footnote_9b" id="Footnote_9b" href="#FnAnchor_9b"><span class="fn">9</span></a> Attempts to explain them were made in an article in the <i>Economic
+Journal</i> in December 1904, and in the paper already referred to
+read to the Royal Statistical Society.</p>
+
+<p><a name="Footnote_10b" id="Footnote_10b" href="#FnAnchor_10b"><span class="fn">10</span></a> See the paper already mentioned in the <i>Journal of the Royal
+Statistical Society</i> for June 1906, where the several points noticed
+briefly above are fully discussed.</p>
+
+<p><a name="Footnote_11b" id="Footnote_11b" href="#FnAnchor_11b"><span class="fn">11</span></a> The Association published a weekly paper known as The Cotton
+Supply Reporter.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON MANUFACTURE.<a name="ar30" id="ar30"></a></span> The antiquity of the cotton
+industry has hitherto proved unfathomable, as can readily be
+understood from the difficulty of proving a universal negative,
+especially from such scanty material as we possess of remote ages.
+That in the 5th century <span class="scs">B.C.</span> cotton fabrics were unknown or
+quite uncommon in Europe may be inferred from Herodotus&rsquo;
+mention of the cotton clothing of the Indians. Ultimately the
+cotton industry was imported into Europe, and by the middle of
+the 13th century we find it flourishing in Spain. In the New
+World it would seem to have originated spontaneously, since on
+the discovery of America the wearing apparel in use included
+cotton fabrics. After the collapse of Spanish prosperity before
+the Moors in the 14th century the Netherlands assumed a
+leadership in this branch of the textile industries as they did also
+in other branches. It has been surmised that the cotton manufacture
+was carried from the Netherlands to England by refugees
+during the Spanish persecution of the second half of the 16th
+century; but no absolute proof of this statement has been
+forthcoming, and although workers in cotton may have been
+among the Flemish weavers who fled to England about that time,
+and some of whom are said to have settled in and about
+Manchester, it is quite conceivable that cotton fabrics were made
+on an insignificant scale in England years before, and there is
+some evidence to show that the industry was not noticeable till
+many years later. If England did derive her cotton manufacture
+from the Netherlands she was unwillingly compelled to repay
+the loan with interest more than two hundred years later when
+the machine industry was conveyed to the continent through the
+ingenuity of Liévin Bauwens, despite the precautions taken to
+preserve it for the British Isles. About the same time English
+colonists transported it to the United States. Since, as transformed
+in England, the cotton industry, particularly spinning, has
+spread throughout the civilized and semi-civilized world, though
+its most important seat still remains the land of its greatest
+development.</p>
+
+<p>As early as the 13th century cotton-wool was used in England
+for candle-wicks.<a name="FnAnchor_1c" id="FnAnchor_1c" href="#Footnote_1c"><span class="sp">1</span></a> The importation of the cotton from the
+Levant in the 16th century is mentioned by Hakluyt,<a name="FnAnchor_2c" id="FnAnchor_2c" href="#Footnote_2c"><span class="sp">2</span></a>
+and according to Macpherson it was brought over
+<span class="sidenote">Early history in England.</span>
+from Antwerp in 1560. Reference to the manufacture
+of cottons in England long before the second half of the
+16th century are numerous, but the &ldquo;cottons&rdquo; spoken of were
+not cottons proper as Defoe would seem to have mistakenly
+imagined. Thus, for example, there is a passage by William
+Camden (writing in 1590) quoted below, in which Manchester
+cottons are specifically described as woollens, and there is a notice
+in the act of 33 Henry VIII. (c. xv.) of the Manchester linen and
+woollen industries, and of cottons&mdash;which are clearly woollens
+since their &ldquo;dressyng and frisyng&rdquo; is noted, and the latter
+process, which consists in raising and curling the nap, was
+not applicable to cotton textiles. John Leland, after his
+visit to Manchester about 1538, used these words&mdash;&ldquo;Bolton-upon-Moore
+market standeth most by cottons; divers villages in
+the Moores about Bolton do make cottons.&rdquo; Leland, it is true,
+might conceivably be referring to manufactures from the vegetable
+fibre, but it is exceedingly unlikely, since the term &ldquo;cottons&rdquo;
+would seem to have been current with a perfectly definite
+meaning. The goods were probably an English imitation in wool
+of continental cotton fustians&mdash;which would explain the name.
+Again we may quote from the act of 5 and 6 Edward VI., &ldquo;all
+the cottons called <i>Manchester</i>, Lancashire and Cheshire <i>cottons</i>,
+full wrought to the sale, shall be in length twenty-two yards and
+contain in breadth three-quarters of a yard in the water and shall
+weigh thirty pounds in the piece at least&rdquo;; and from the act
+8 Elizabeth c. xi., &ldquo;every of the said cottons being sufficiently
+milled or thicked, clean scoured, well-wrought and full-dried,
+shall weigh 21 &#8468; at the least.&rdquo;<a name="FnAnchor_3c" id="FnAnchor_3c" href="#Footnote_3c"><span class="sp">3</span></a> These are evidently the weights
+of woollen goods: further, it may be observed that milling is not
+applicable to cotton goods. The earliest reference to a cotton
+manufacture in England which may reasonably be regarded as
+pointing to the fabrication of textiles from cotton proper, is in the
+will of James Billston (a not un-English name), who is described
+as a &ldquo;cotton manufacturer,&rdquo; proved at Chester in 1578.<a name="FnAnchor_4c" id="FnAnchor_4c" href="#Footnote_4c"><span class="sp">4</span></a> It may
+plausibly be contended that James Billston was a worker in the
+<span class="pagenum"><a name="page282" id="page282"></a>282</span>
+vegetable fibre, since otherwise &ldquo;manufacturer of cottons&rdquo;
+would have been a more natural designation. But the proof of
+the will of one cotton manufacturer establishes very little.</p>
+
+<p>The next earliest known reference to the cotton industry
+proper occurs in a petition to the earl of Salisbury, made presumably
+in 1610, asking for the continuance of a grant for reforming
+frauds committed in the manufacture of &ldquo;bambazine cotton such
+as groweth in the land of Persia being no kind of wool.&rdquo;<a name="FnAnchor_5c" id="FnAnchor_5c" href="#Footnote_5c"><span class="sp">5</span></a> But
+a far more valuable piece of evidence, discovered by W. H. Price,
+is a petition of &ldquo;Merchants and citizens of London that use
+buying and selling of fustians made in England, as of the makers
+of the same fustians.&rdquo;<a name="FnAnchor_6c" id="FnAnchor_6c" href="#Footnote_6c"><span class="sp">6</span></a> Its probable date is 1621, and it contains
+the following important passages:&mdash;</p>
+
+<div class="condensed">
+<p>&ldquo;About twenty years past, divers people in this kingdom, but
+chiefly in the county of Lancaster, have found out the trade of
+making of other fustians, made of a kind of bombast or down,
+being a fruit of the earth growing upon little shrubs or bushes,
+brought into this kingdom by the Turkey merchants, from Smyrna,
+Cyprus, Acra and Sydon, but commonly called cotton wool; and
+also of linen yarn most part brought out of Scotland, and othersome
+made in England, and no part of the same fustians of any wool at all,
+for which said bombast and yarn imported, his majesty has a great
+yearly sum of money for the custom and subsidy thereof.</p>
+
+<p>&ldquo;There is at the least 40 thousand pieces of fustian of this kind
+yearly made in England, the subsidy to his majesty of the materials
+for making of every piece coming to between 8d. and 10d. the piece;
+and thousands of poor people set on working of these fustians.</p>
+
+<p>&ldquo;The right honourable duke of Lennox in 11 of Jacobus 1613
+procured a patent from his majesty, of alnager of new draperies for
+60 years, upon pretence that wool was converted into other sorts of
+commodities to the loss of customs and subsidies for wool transported
+beyond seas; and therein is inserted into his patent, searching and
+sealing; and subsidy for 80 several stuffs; and among the rest
+these fustians or other stuffs of this kind of cotton wool, and subsidy
+and a fee for the same, and forfeiture of 20s. for putting any to sale
+unsealed, the moiety of the same forfeiture to the said duke, and
+power thereby given to the duke or his deputies, to enter any man&rsquo;s
+house to search for any such stuffs, and seize them till the forfeiture
+be paid; and if any resist such search, to forfeit £10 and power
+thereby given to the lord treasurer or chancellor of the exchequer,
+to make new ordinances or grant commissions for the aid of the
+duke and his officers in execution of their office.&rdquo;</p>
+</div>
+
+<p>Here the date of the appearance of the cotton industry on an
+appreciable scale&mdash;it is questionable whether any importance
+should be attached to the expression &ldquo;found out&rdquo;&mdash;is given by
+those who would be speaking of facts within the memory of
+themselves or their friends as &ldquo;about twenty years past&rdquo; from
+1621, and the annual output of the industry in 1621 is mentioned.
+Moreover, it is established by this document that for a time at
+least the cotton manufacture was &ldquo;regulated&rdquo; like the other
+textile trades. The date assigned by the petitioners for the first
+attraction of attention by the English cotton industry may be
+supported on negative grounds.</p>
+
+<p>Baines assures us that William Camden, who wrote in 1590,
+devoted not a sentence to the cotton industry, though Manchester
+figures among his descriptions: &ldquo;This town,&rdquo; he says, &ldquo;excels
+the towns immediately around it in handsomeness, populousness,
+woollen manufacture, market place, church and college; but did
+much more excel them in the last age, as well by the glory of its
+woollen cloths (<i>laneorum pannorum honore</i>), which they call
+Manchester cottons, as by the privilege of sanctuary, which the
+authority of parliament under Henry VIII. transferred to
+Chester.&rdquo;<a name="FnAnchor_7c" id="FnAnchor_7c" href="#Footnote_7c"><span class="sp">7</span></a> It is significant too that in the Elizabethan poor law
+of 1601 (43 Elizabeth), neither cotton-wool nor yarn is included
+among the fabrics to be provided by the overseers to set the
+poor to work upon; though, of course, it might be argued that
+so short-stapled a fibre needed for its working, when machinery
+was rough, a skill in the operative which would be above that of
+the average person unable to find employment. However, a
+proposal was made in 1626 to employ the poor in the spinning
+of cotton and weaving wool.<a name="FnAnchor_8c" id="FnAnchor_8c" href="#Footnote_8c"><span class="sp">8</span></a></p>
+
+<p>Prior to Mr Price&rsquo;s discovery of the petition mentioned above,
+the earliest known notice of the existence in England of a cotton
+industry of any magnitude was the oft-quoted passage from
+Lewes Roberts&rsquo;s <i>Treasure of Traffic</i> (1641), which runs: &ldquo;The
+town of Manchester, in Lancashire, must be also herein remembered,
+and worthily for their encouragement commended,
+who buy the yarne of the Irish in great quantity, and weaving
+it, return the same again into Ireland to sell: Neither doth
+their industry rest here, for they buy cotton-wool in London
+that comes first from Cyprus and Smyrna, and at home work
+the same, and perfect it into fustians, vermillions, dimities and
+other such stuffs, and then return it to London, where the same
+is vented and sold, and not seldom sent into foreign parts.&rdquo;<a name="FnAnchor_9c" id="FnAnchor_9c" href="#Footnote_9c"><span class="sp">9</span></a></p>
+
+<p>Despite Lewes Roberts&rsquo;s flattering reference, the trade of
+Manchester about that time consisted chiefly in woollen frizes,
+fustians, sackcloths, mingled stuffs, caps, inkles, tapes, points,
+&amp;c., according to &ldquo;A Description of the Towns of Manchester and
+Salford,&rdquo; 1650,<a name="FnAnchor_10c" id="FnAnchor_10c" href="#Footnote_10c"><span class="sp">10</span></a> and woollens for a long time held the first place.
+But before another century had run its course cottons proper had
+pushed into the first rank, though the woollen industry continued
+to be of unquestionable importance. In 1727 Daniel Defoe could
+write, &ldquo;the grand manufacture which has so much raised this
+town is that of cotton in all its varieties,&rdquo;<a name="FnAnchor_11c" id="FnAnchor_11c" href="#Footnote_11c"><span class="sp">11</span></a> and he did not mean
+the woollen &ldquo;cottons,&rdquo; as he made plain by other references to
+the industry in the same connexion; but it was not until some
+fifty years later that the ousting of the woollen industry from
+what is now peculiarly the cotton district became unmistakable.<a name="FnAnchor_12c" id="FnAnchor_12c" href="#Footnote_12c"><span class="sp">12</span></a>
+As a rule the woollen weavers were driven farther and farther east&mdash;Bury
+lay just outside the cotton area when Defoe wrote&mdash;and
+finally many of them settled in the West Riding. Edwin Butterworth
+even tells of woollen weavers who migrated from Oldham
+to the distant town of Bradford in Wiltshire because of the
+decline of their trade before the victorious cotton industry. Much
+the same fate was being shared by the linen industry in Lancashire,
+which was forced out of the county westwards and northwards.
+The explanation of the three centralizations, namely of
+the woollen industry, the cotton industry and the linen industry,
+is not far to seek. The popularity of the fabrics produced by
+the rising cotton industry enabled it to pay high wages, which,
+indeed, were essential to bring about its expansion. This a priori
+diagnosis is supported by contemporary analysis: thus &ldquo;the
+rapid progress of that business (cotton spinning) and the higher
+wages which it afford, have so far distressed the makers of
+worsted goods in that county (Lancashire), that they have
+found themselves obliged to offer their few remaining spinners
+larger premiums than the state of their trade would allow.&rdquo;<a name="FnAnchor_13c" id="FnAnchor_13c" href="#Footnote_13c"><span class="sp">13</span></a>
+The best operatives of Lancashire were attracted sooner or
+later to assist the triumphs of art over the vegetable wool.
+At the same time the scattered woollen and linen workers
+of Lancashire were suffering from the competition of rivals
+enjoying elsewhere the economies of some centralization, and
+the demand for woollen and linen warps in the cotton industry
+ceased after the introduction of Arkwright&rsquo;s water-twist. When
+the factory became common the economies of centralization (which
+arise from the wide range of specialism laid open to a large local
+industry) increased; moreover they were reinforced by the
+diminution of social friction and the intensification of business
+sensitiveness which marked the development of the 19th century.
+Once begun, the centralizing movement proceeded naturally with
+accelerating speed. The contrast beneath is an instructive
+statistical comment:&mdash;</p>
+
+<p><span class="pagenum"><a name="page283" id="page283"></a>283</span></p>
+
+<p class="center pt2"><i>Distribution of Cotton Operatives in 1838 and 1898-1899 (from Returns
+of Factory Inspectors).</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1838.</td> <td class="tccm allb">1898-1899.</td></tr>
+
+<tr><td class="tcl lb rb">Cheshire</td> <td class="tcr rb">36,400</td> <td class="tcr rb">34,300</td></tr>
+<tr><td class="tcl lb rb">Cumberland</td> <td class="tcr rb">2,000</td> <td class="tcr rb">700</td></tr>
+<tr><td class="tcl lb rb">Derbyshire</td> <td class="tcr rb">10,500</td> <td class="tcr rb">10,500</td></tr>
+<tr><td class="tcl lb rb">Lancashire</td> <td class="tcr rb">152,200</td> <td class="tcr rb">398,100</td></tr>
+<tr><td class="tcl lb rb">Nottinghamshire</td> <td class="tcr rb">1,500</td> <td class="tcr rb">1,600</td></tr>
+<tr><td class="tcl lb rb">Staffordshire</td> <td class="tcr rb">2,000</td> <td class="tcr rb">2,300</td></tr>
+<tr><td class="tcl lb rb">Yorkshire</td> <td class="tcr rb bb">12,400</td> <td class="tcr rb bb">35,200</td></tr>
+
+<tr><td class="tcl lb rb">&emsp;England and Wales<a name="FnAnchor_14c" id="FnAnchor_14c" href="#Footnote_14c"><span class="sp">14</span></a></td> <td class="tcr rb">219,100</td> <td class="tcr rb">496,200</td></tr>
+<tr><td class="tcl lb rb">&emsp;Scotland</td> <td class="tcr rb">35,600</td> <td class="tcr rb">29,000</td></tr>
+<tr><td class="tcl lb rb">&emsp;Ireland</td> <td class="tcr rb">4,600</td> <td class="tcr rb">800</td></tr>
+
+<tr><td class="tcl lb rb bb">&emsp;United Kingdom</td> <td class="tcr allb">259,300</td> <td class="tcr allb">526,000</td></tr>
+</table>
+
+<p>The distribution of the industry has varied greatly in the two
+periods. If it had remained constant Lancashire would only
+have contained 300,000 operatives in 1899, instead of the actual
+400,000. Scotland, on the other hand, only contained 30,000
+instead of 70,000, and in Ireland the numbers were one-tenth of
+what they should have been. The percentage of operatives in
+Lancashire in 1838 was 58.5, but this increased to 75.7 in 1898.</p>
+
+<p>Why, we may naturally inquire, did not the cotton industry
+localize in the West Riding or Cheshire and the woollen industry
+maintain its position in Lancashire? Accident no
+doubt partly explains why the cotton industry is
+<span class="sidenote">Lancashire advantages.</span>
+carried on where it is in the various parts of the globe,
+but apart from accident, as regards Lancashire, it is
+sufficient answer to point to the peculiarly suitable congeries of
+conditions to be found there. There is firstly the climate, which
+for the purpose of cotton spinning is unsurpassed elsewhere, and
+which became of the first order of importance when fine spinning
+was developed. In the Lancashire atmosphere in certain districts
+just about the right humidity is contained on a great number of
+days for spinning to be done with the least degree of difficulty.
+Some dampness is essential to make the fibres cling, but excessive
+moisture is a disadvantage. Over the county of Lancashire the
+prevailing west wind carries comparatively continuous currents
+of humidified air. These currents vary in temperature according
+to their elevation. Hot and cold layers mix when they reach
+the hills, and the mixture of the two is nearer to the saturation
+point than either of its components. The degree of moisture is
+measured by the ratio of the actual amount of moisture to the
+moisture of the saturation point for that particular temperature.
+Owing to the sudden elevation the air is rarefied, its temperature
+being thereby lowered, and in consequence condensation tends to
+be produced. In several places in England and abroad, where
+there is a scarcity of moisture, artificial humidifiers have been
+tried, but no cheap and satisfactory one has hitherto been
+discovered. To the advantages of the Lancashire climate for
+cotton spinning must be added&mdash;especially as regards the early
+days of the cotton industry&mdash;its disadvantages for other callings.
+The unpleasantness of the weather renders an indoor occupation
+desirable, and the scanty sunshine, combined with the unfruitful
+nature of much of the soil, prevents the absorption of the population
+in agricultural pursuits. In later years the port of Liverpool
+and the presence of coal supplemented the attractions which were
+holding the cotton industry in Lancashire. All the raw material
+must come from abroad, and an enormous proportion of English
+cotton products figures as exports. The proximity of Liverpool
+has aided materially in making the cotton industry a great
+exporting industry.</p>
+
+<p>Before the localization of the separate parts of the industry can
+be treated the differentiation of the industry must be described.
+We pass then, at this stage, to consider the manufacture in its
+earliest form and the lines of its development. First, and somewhat
+incidentally, we notice the early connexion between the
+conduct of the cotton manufacture, when it was a domestic
+industry in its primitive form, and the performance of agricultural
+operations. A few short extracts will place before
+<span class="sidenote">Early system of manufacture and organisation.</span>
+us all the evidence that it is here needful to adduce.
+First Radcliffe, an eye-witness, writing of the period
+about 1770, says &ldquo;the land in our township (Mellor)
+was occupied by between fifty and sixty farmers ...
+and out of these fifty or sixty farmers there were
+only six or seven who raised their rents directly from
+the produce of their farms, all the rest got their rent partly in
+some branch of trade, such as spinning and weaving woollen,
+linen or cotton. The cottagers were employed entirely in
+this matter, except for a few weeks in the harvest.&rdquo;<a name="FnAnchor_15c" id="FnAnchor_15c" href="#Footnote_15c"><span class="sp">15</span></a> Next
+we may cite Edwin Butterworth who, though not an eyewitness
+(he was not born till 1812), proved himself by his
+researches to be a careful and trustworthy investigator.
+In the parish of Oldham, he recorded, there were &ldquo;a number
+of master (cotton-linen fustian)<a name="FnAnchor_16c" id="FnAnchor_16c" href="#Footnote_16c"><span class="sp">16</span></a> manufacturers, as well as
+many weavers who worked for manufacturers, and at the same
+time were holders of land or farmers.... The number of
+fustian farmers who were cottagers working for manufacturers,
+without holding land, were few; but there were a considerable
+number of weavers who worked on their own account, and held at
+the same time small pieces of land.&rdquo;<a name="FnAnchor_17c" id="FnAnchor_17c" href="#Footnote_17c"><span class="sp">17</span></a> Other passages might be
+quoted, but these two will suffice. Weaving was not exactly a
+by-employment of farm labourers, but many weavers made
+agriculture a by-employment to some extent, (a) by working
+small parcels of land, which varied from the size of allotments to
+farms of a very few acres, and (b) by lending aid in gathering in
+the harvest when their other work enabled them to do so. The
+association of manufacturing and weaving survived beyond the
+first quarter of the 19th century. Of the weavers in many
+districts and &ldquo;more especially in Lancashire&rdquo; we read in the
+report of the committee on emigration, &ldquo;it appears that persons
+of this description for many years past, have been occupiers of
+small farms of a few acres, which they have held at high rents, and
+combining the business of the hand-loom weaver with that of a
+working farmer have assisted to raise the rent of their land from
+the profits of their loom.&rdquo;<a name="FnAnchor_18c" id="FnAnchor_18c" href="#Footnote_18c"><span class="sp">18</span></a> One of the first lines of specialism
+to appear was the severing of the connexion described above, and
+the concentration of the weavers in hamlets and towns. Finer
+fabrics and more complicated fabrics were introduced, and the
+weaver soon learnt that such rough work as farming unfitted his
+hands for the delicate tasks required of them. Again, really to
+prosper a weaver found it necessary to perfect himself by close
+application. The days of the rough fabrics that anybody could
+make with moderate success were closing in. As a consequence
+the dispersion of the weavers becomes less and less. They no
+longer wanted allotments or farms; and their looms having
+become more complicated, the mechanic proved himself a
+convenient neighbour. Finding spinners too was an easier task
+in the hamlet or town than in the remote country parts. But
+there is no reason to suppose that agriculture and the processes of
+the domestic cotton manufacturer had ever been universally
+twin callings. There never was a time, probably, when weavers
+who did nothing but weave were not a significant proportion, if
+not the major part, of the class of weavers. All again were not
+independent and all were not employees. Some were simply
+journeymen in small domestic workshops; others were engaged
+by fustian masters or Manchester merchants and paid by the piece
+for what they made out of material supplied them; others again
+bought their warps and cotton and sold to the merchants their
+fabrics, which were their own property. The last class was swept
+away soon after the industry became large, when by the organization
+of men of capital consumers and producers were more and
+<span class="pagenum"><a name="page284" id="page284"></a>284</span>
+more kept in touch. In early days most weavers owned their
+looms, the great part of which they had frequently constructed
+themselves: later, however, a large number hired looms, and it
+was as usual in certain quarters for lodgings to be let with a loom
+as it is to-day for them to be provided with a piano. When it
+became customary for weavers to undertake a variety of work,
+the masters usually provided reeds (which had to vary in fineness
+with the fineness of the warp), healds, and other changeable parts,
+and sometimes they employed the gaiters to fit the new work in
+the looms.</p>
+
+<p>Until the success of the water-frame, cotton could not be spun
+economically of sufficient strength and fineness for warps, and the
+warps were therefore invariably made of either linen or wool.
+Some were manufactured locally, others were imported from
+Germany, Ireland and Scotland. The weaver prepared them for
+his loom by the system of peg-warping,<a name="FnAnchor_19c" id="FnAnchor_19c" href="#Footnote_19c"><span class="sp">19</span></a> but after the introduction
+of the warping-mill he received them as a rule all ready for
+insertion into the loom from the Manchester merchant or local
+fustian master.</p>
+
+<div class="condensed">
+<p>&ldquo;It did not pay the individual weaver to keep a warping-mill for
+occasional use only, and frequently the contracted space of his workroom
+precluded even the possibility of his doing so. The invention
+of the warping-mill necessitated specialism in warping, and it was
+essential that warping should be done to order, since at that time,
+the state of the industrial world being what it was, no person could
+ordinarily have been found to adventure capital in producing warps
+ready made in anticipation of demand for the great variety of fabrics
+which was even then produced. Moreover, had the weaver himself
+placed the orders for his warps, any occasional delay in the execution
+of his commissions might have stopped his work entirely until the
+warps were ready; for warps cannot be delivered partially, like
+weft, in quantities sufficient for each day&rsquo;s work. To ensure continuous
+working in the industry, therefore, it was almost inevitable
+that the merchant should himself prepare the warps for such fabrics
+as he required, or possibly have them prepared. To the system of
+the merchant delegating the preparation of warps there was less
+objection than to the system of the weaver doing so, since the
+merchant, dealing in large quantities, was more likely to get pressing
+orders completed to time. Further, the merchant knew first what
+kind of warps would be needed. The first solution, however, that
+of the merchant undertaking the warping himself, was the surer,
+and there was no doubt as to its being the one destined for selection
+in a period when a tendency to centralize organization, responsibility
+and all that could be easily centralized, was steadily gaining in
+strength.&rdquo;<a name="FnAnchor_20c" id="FnAnchor_20c" href="#Footnote_20c"><span class="sp">20</span></a></p>
+</div>
+
+<p>Guest says the system by which the weaver was supplied with
+warps and other material was substituted for the purchase of
+warps and cotton-wool by the weaver about 1740. No doubt
+the change was very gradual, especially as Aikin mentions the use
+of warping-mills in the 17th century. The weaver as a rule
+received his weft material in the form of cotton-wool and was
+required to arrange himself for its cleaning and spinning. According
+to Aikin,<a name="FnAnchor_21c" id="FnAnchor_21c" href="#Footnote_21c"><span class="sp">21</span></a> dealers tried the experiment of giving out weft
+instead of cotton-wool, but &ldquo;the custom grew into disuse as
+there was no detecting the knavery of the spinners till a piece
+came in woven.&rdquo; As it was impossible to unwrap the yarn and
+test it throughout its length, defects were hidden until it came to
+be used, and the complaints of weavers were not conclusive as to
+the inferiority of the yarn, since their own bad workmanship
+might have had something to do with its having proved unsatisfactory.
+It was therefore found best to saddle the weaver
+with full responsibility for both the spinning and weaving.
+Women and children cleaned, carded and spun the cotton-wool in
+their homes. The cotton had to be more thoroughly cleaned
+after its arrival in this country. The ordinary process of cleaning
+was known as &ldquo;willowing,&rdquo; because the cotton was beaten with
+willow switches after it had been laid out on a tight hammock of
+cords. The cotton used for fine spinning was also carefully
+washed; and even when it was not washed it was soaked with
+water and partially dried so that the fibres might be made to
+cling together.<a name="FnAnchor_22c" id="FnAnchor_22c" href="#Footnote_22c"><span class="sp">22</span></a> Most of the weaving was done by men, and until
+the invention of the fly-shuttle they cast the shuttle from hand to
+hand in the manner of their remotest ancestors. For the making
+of the broader fabrics two weavers were required when the
+width was greater than the easy stretch of a man&rsquo;s arms. Sometimes
+cloths were woven wide and then split into two or more:
+hence the term &ldquo;splits.&rdquo; This became a common practice
+when the hand-loom workers were groaning under the pressure of
+competition from the power-loom.</p>
+
+<p>We now reach the era of the great inventions. In order to
+ensure clearness it will be desirable to consider separately the
+branches of spinning and weaving: to pass from the
+one to the other, and follow the chronological order,
+<span class="sidenote">The invention of machinery.</span>
+might cause confusion. First emphasis must be laid
+upon the point that it was not mechanical change alone
+which constituted the industrial revolution. No doubt small
+hand-looms factories would have become the rule, and more and
+more control over production would have devolved upon the
+factory master, and the work to be done would have been
+increasingly assigned by merchants, had the steam-engine
+remained but the dream of Watt, and semi-automatic machinery
+not been invented. The spirit of the times was centralizing
+management before any mechanical changes of a revolutionizing
+character had been devised. Loom-shops, in which several
+journeymen were employed, were not uncommon: thus &ldquo;in the
+latter part of the last (18th) and the beginning of the present
+(19th) century,&rdquo; says Butterworth, describing the state of affairs
+in Oldham and the neighbourhood, &ldquo;a large number of weavers
+... possessed spacious loom-shops, where they not only
+employed many journeymen weavers, but a considerable proportion
+of apprentice children.&rdquo; It is true that both the fly-shuttle
+and drop-box had been invented by that time, but the
+loom was still worked by human power. Specialism, however,
+was on the increase, the capitalist was assuming more control, and
+the operative was being transformed more and more into the mere
+executive agent. Further, as creative of enterprise, an atmosphere
+of freedom and a general economic restlessness, consequent
+upon the reaction against mercantilism, were noticeable. Great
+changes, no doubt, would soon have swept over Lancashire had a
+new source of power and big factories not been rendered essential
+by inventions in spinning.</p>
+
+<p>The chief inventors were Lewis Paul and John Wyatt, James
+Hargreaves and Samuel Crompton. The two first originated the
+principle of spinning by rollers. Their patent was taken
+out in 1738, but no good came of it immediately, though
+<span class="sidenote">Spinning and preparatory machinery.</span>
+many trials were made and moderately large sums of
+money were lost. Ultimately Richard Arkwright brought
+forward the same plan improved:<a name="FnAnchor_23c" id="FnAnchor_23c" href="#Footnote_23c"><span class="sp">23</span></a> his first patent was
+dated 1769. Over the real authorship of the fundamental idea
+there has been much controversy, and it has not been absolutely
+proved that the second inventor, whether Thomas Highs,
+Arkwright or John Kay (a clockmaker of Warrington who
+assisted Arkwright to construct his machine and is said by some
+to have told him of an invention by Highs), did not hit upon the
+device afresh in ignorance of the work already done. Even as
+between Paul and Wyatt it is not easy to award due measure of
+praise. Probably the invention, as a working machine, resulted
+from real collaboration, each having an appreciable share in it.
+Robert Cole, in his paper to the British Association in 1858
+(reprinted as an appendix to the 1st ed. of French&rsquo;s <i>Life of
+Crompton</i>), championed the claims of Paul, but Mantoux, in his
+<i>La Révolution industrielle au XVIII<span class="sp">e</span> siècle</i>, after studying the
+Wyatt MSS., inclines to attribute to Wyatt a far more important
+position, though he dissents from the view of Baines, who ascribes
+little or nothing to Paul.</p>
+
+<p>Arkwright&rsquo;s prospects of financial success were much greater
+than those of his predecessors, because, first, there was more
+<span class="pagenum"><a name="page285" id="page285"></a>285</span>
+need in his time of mechanical aids, and secondly, he was highly
+talented as a business man. In 1775 he followed up his patent of
+1769 with another relating to machinery for carding, drawing and
+roving. The latter patent was widely infringed, and Arkwright
+was compelled to institute nine actions in 1781 to defend his
+rights. An association of Lancashire spinners was formed to
+defend them, and by the one that came to trial the patent was
+set aside on the ground of obscurity in the specifications.
+Arkwright again attempted to recover his patent rights in 1785,
+after the first patent had been in abeyance for two years. Before
+making this further trial of the courts he had thought of proceeding
+by petition to parliament, and had actually drawn up his
+&ldquo;case,&rdquo; which he was ultimately dissuaded from presenting.
+In it he prayed not only that the decision of 1781 should be set
+aside, but that both patents should be continued to him for the
+unexpired period of the second patent, <i>i.e.</i> until 1789. In his
+&ldquo;case&rdquo; (<i>i.e.</i> the petition mentioned above) Arkwright stated that
+he had sold to numbers of adventurers residing in the different
+counties of Derby, Leicester, Nottingham, Worcester, Stafford,
+York, Hertford and Lancaster, many of his patent machines, and
+continued: &ldquo;Upon a moderate computation, the money expended
+in consequence of such grants (before 1782) amounted
+to at least £60,000. Mr Arkwright and his partners also expended
+in large buildings in Derbyshire and elsewhere upwards of
+£30,000, and Mr Arkwright also erected a very large and extensive
+building in Manchester at the expense of upwards of £4000.
+Thus a business had been formed which already (he calculated)
+employed upwards of five thousand persons, and a capital on the
+whole of not less than £200,000.&rdquo;<a name="FnAnchor_24c" id="FnAnchor_24c" href="#Footnote_24c"><span class="sp">24</span></a> It is impossible to discover
+exactly the rights of the matter. Certainly Arkwright had been
+intentionally obscure in his specifications, as he admitted, and
+for his defence, namely that it was to preserve the secret for his
+countrymen, there was only his word. He may have hoped to
+keep the secret for himself; and as to the originality of both
+inventions there were grave doubts. But Arkwright has received
+little sympathy, because his claims were regarded as grasping in
+view of the large fortune which he had already won. He began
+work with his first partners at Nottingham (when power was
+derived from horses) and started at Cromford in 1771 (where the
+force of water was used). Soon he was involved in numerous
+undertakings, and he remained active till his death in 1792.
+He had met throughout with a good deal of opposition, which
+possibly to a man of his temperament was stimulating. Even in
+the matter of getting protective legislation reframed to give
+scope to the application of the water-frame, a powerful section of
+Lancashire employers worked against him. This protective
+legislation must here be shortly reviewed.</p>
+
+<p>In 1700 an act had been passed (11 &amp; 12 William III. c. 10)
+prohibiting the importation of the printed calicoes of India,
+Persia and China. In 1721 the act 7 George I. c. 7 prohibited the
+use of any &ldquo;printed, painted, stained or dyed calico,&rdquo; excepting
+only calicoes dyed all blue and muslins, neckcloths and fustians.
+This act was modified by the act 9 George II. c. 4 (allowing
+British calicoes with linen warps). Thus the matter stood as
+regards prints when Arkwright had demonstrated that stout
+cotton warps could be spun in England, and at the same time
+the officers of excise insisted upon exacting a tax of 6d. from the
+plain all-cottons instead of the 3d. paid by the cotton-linens, on
+the ground that the former were calicoes. Arkwright&rsquo;s plea,
+however, was admitted, and by the act 14 George II. c. 72 the
+still operative part of the act of 1721 was set aside, and the
+manufacture, use, and wear of cottons printed and stained, &amp;c.,
+was permitted subject to the payment of a duty of 3d. per sq. yd.
+(the same as the excise on cotton-linens) provided they were
+stamped &ldquo;British manufactory.&rdquo; The duty was varied from
+time to time until its repeal in 1832.</p>
+
+<p>Some more powerful force than that of man or horse was
+soon needed to work the heavy water-frames. Hence Arkwright
+placed his second mill on a water-course, fitting it
+with a water-wheel, and until the steam-engine became economical
+most of the new twist mills were built on water-courses.
+On rare occasions the old fire-engines seem to have
+been tried.</p>
+
+<div class="condensed">
+<p>The following passage quoted from a note in Barnes&rsquo;s <i>History</i>
+illustrates the pressing need of the early mills: &ldquo;On the river Irwell,
+from the first mill near Bacup, to Prestolee, near Bolton, there is
+about 900 ft. of fall available from mills, 800 of which is occupied.
+On this river and its branches it is computed that there are no less
+than three hundred mills. A project is in course of execution to
+increase the water-power of the district, already so great and so
+much concentrated, and to equalize the force of the stream by
+forming eighteen reservoirs on the hills, to be filled in times of flood,
+and to yield their supplies in the drought of summer. These reservoirs,
+according to the plan, would cover 270 acres of ground, and
+contain 241,300,000 cub. ft. of water, which would give a power
+equal to 6600 horses. The cost is estimated at £59,000. One
+reservoir has been completed, another is in course of formation,
+and it is probable that the whole design will be carried into effect.&rdquo;<a name="FnAnchor_25c" id="FnAnchor_25c" href="#Footnote_25c"><span class="sp">25</span></a></p>
+</div>
+
+<p>As early as 1788 there were 143 water-mills in the cotton
+industry of the United Kingdom, which were distributed as
+follows among the counties which had more than one.<a name="FnAnchor_26c" id="FnAnchor_26c" href="#Footnote_26c"><span class="sp">26</span></a></p>
+
+<table class="nobctr" style="width: 60%;" summary="Contents">
+<tr><td class="tcl">Lancashire</td> <td class="tcc">41</td> <td class="tcl">Flintshire</td> <td class="tcc">3</td></tr>
+<tr><td class="tcl">Derbyshire</td> <td class="tcc">22</td> <td class="tcl">Berkshire</td> <td class="tcc">2</td></tr>
+<tr><td class="tcl">Nottinghamshire</td> <td class="tcc">17</td> <td class="tcl">Lanarkshire</td> <td class="tcc">4</td></tr>
+<tr><td class="tcl">Yorkshire</td> <td class="tcc">11</td> <td class="tcl">Renfrewshire</td> <td class="tcc">4</td></tr>
+<tr><td class="tcl">Cheshire</td> <td class="tcc">&ensp;8</td> <td class="tcl">Perthshire</td> <td class="tcc">3</td></tr>
+<tr><td class="tcl">Staffordshire</td> <td class="tcc">&ensp;7</td> <td class="tcl">Midlothian</td> <td class="tcc">2</td></tr>
+<tr><td class="tcl">Westmorland</td> <td class="tcc">&ensp;5</td> <td class="tcl">Isle of Man</td> <td class="tcc">1</td></tr>
+</table>
+
+<p>The need of water to drive Arkwright&rsquo;s machinery, and its
+value for working other machinery, caused a strong decentralizing
+tendency to show itself in the cotton industry at this time, but
+more particularly in the twist-spinning branch. Ultimately the
+steam-engine (first used in the cotton industry in 1785) drew all
+branches of the industry into the towns, where the advantages of
+their juxtaposition&mdash;<i>i.e.</i> the external economies of centralization&mdash;could
+be enjoyed. Out of the crowding of the mills in one
+locality sprang the business specialism which has continued up
+to the present day. Here it will not be out of place to notice the
+appearance of the new power, electricity, in the cotton industry,
+the extension of which may involve striking economic changes.
+The first electric-driven spinning-mill in Lancashire, that of the
+&ldquo;Acme&rdquo; Spinning Company at Pendlebury, the work of which
+is confined to the ring-frame, was opened in 1905. Power is
+obtained from the stations of the Lancashire Power Company at
+Outwood near Radcliffe, some 5 m. distant.</p>
+
+<p>The chief principle of the water-frame was the drawing out
+of the yarn to the required degree of tenuity by sets of gripping
+rollers revolving at different speeds. This principle is still
+applied universally. Twist was given by a &ldquo;flyer&rdquo; revolving
+round the bobbin upon which the yarn was being wound; the
+spinning so effected was known as throstle-spinning. The plan is
+still common in the subsidiary processes of the cotton industry,
+but for spinning itself the ring-frame, which appears to have been
+invented simultaneously in England and the United States (the
+first American patent is dated 1828), is rapidly supplanting the
+throstle-frame,<a name="FnAnchor_27c" id="FnAnchor_27c" href="#Footnote_27c"><span class="sp">27</span></a> though the &ldquo;ooziness&rdquo; of mule yarn has not yet
+been successfully imitated by ring-frame yarn. The great invention
+relating to weft-spinning was the jenny, introduced by James
+Hargreaves probably about 1764, and first tried in a factory four
+years later.<a name="FnAnchor_28c" id="FnAnchor_28c" href="#Footnote_28c"><span class="sp">28</span></a> Hargreaves unfortunately was unable to maintain
+his patent, because he had sold jennies before applying for
+protection. Crompton&rsquo;s mule, which combined the principles of
+the rollers and the jenny, was perfected about 1779. Both
+jennies and mules were known as &ldquo;wheels,&rdquo; because they were
+worked in part by the turning of a wheel. As they could be set in
+motion without using much power, being light when of moderate
+<span class="pagenum"><a name="page286" id="page286"></a>286</span>
+size, for a long time they were worked entirely by hand or
+partially with the aid of horses or water. The first jenny- and
+mule-factories were small for this reason, and also because skill in
+the operative was a matter of fundamental importance,<a name="FnAnchor_29c" id="FnAnchor_29c" href="#Footnote_29c"><span class="sp">29</span></a> as it was
+not in twist-spinning on the water-frame. The size of the typical
+weft-spinning mill suddenly increased after the scope for the
+application of power was enlarged by the use of the self-actor
+mule, invented in 1825 by Richard Roberts, of the firm of Sharp,
+Roberts &amp; Co., machinists, of Manchester. In 1830 Roberts
+improved his invention and brought out the complete self-actor.
+Self-actors had been put forward by others besides Roberts&mdash;for
+instance by William Strutt, F.R.S. (son of Arkwright&rsquo;s partner),
+before 1790; William Kelly, formerly of Lanark mills, in 1792;
+William Eaton of Wiln in Derbyshire; Peter Ewart of Manchester;
+de Jongh of Warrington; Buchanan, of Catrine works, Scotland;
+Knowles of Manchester; and Dr Brewster of America<a name="FnAnchor_30c" id="FnAnchor_30c" href="#Footnote_30c"><span class="sp">30</span></a>&mdash;but
+none had succeeded. And Roberts&rsquo;s machines did not immediately
+win popularity. For a long time the winding done by them was
+defective, and they suffered from other imperfections. Broadly
+speaking, until the American Civil War the number of hand-mules
+in use remained high. It was for the fine &ldquo;counts&rdquo; in
+particular that many employers preferred them.<a name="FnAnchor_31c" id="FnAnchor_31c" href="#Footnote_31c"><span class="sp">31</span></a> About the end
+of the &rsquo;sixties, however, and in the early &rsquo;seventies, great
+improvements were effected in machinery, partly under the
+stimulus of a desire to elevate its fitness for dealing with short-staple
+cotton, and it became evident that hand-mules were
+doomed. Here we may suitably refer to the scutching machine
+for opening and cleaning cotton, invented by Mr Snodgrass of
+Glasgow in 1797, and introduced by Kennedy<a name="FnAnchor_32c" id="FnAnchor_32c" href="#Footnote_32c"><span class="sp">32</span></a> to Manchester in
+1808 or 1809; the cylinder carder invented by Lewis Paul and
+improved by Arkwright; and the lap-machine first constructed
+by Arkwright&rsquo;s son.</p>
+
+<p>We now transfer our attention to that accumulation of improvements
+in manufacturing (as weaving is technically termed)
+which, taken in conjunction with the inventions already
+described, presaged the large factory system which
+<span class="sidenote">Weaving machinery.</span>
+covers Lancashire to-day. Gradually, for many years,
+the loom had been gathering complexities, though no fundamental
+alteration was introduced into its structure until 1738,
+when John Kay of Bury excited the wrath of his fellow-weavers
+by designing and employing the device of the fly-shuttle. For
+some unfathomable reason&mdash;for the opposition of the weavers
+hardly explains it, though they expressed their views forcibly and
+acted upon them violently&mdash;this invention was not much applied
+in the cotton industry until about a quarter of a century after its
+appearance. The plan was merely to substitute for human hands
+hammers at the ends of a lengthened lathe along which the
+shuttle ran, the hammers being set in motion by the jerking of a
+stick (the picking peg) to which they were attached by strings.
+The output of a weaver was enormously increased in consequence.
+In 1760 John Kay&rsquo;s son Robert added the drop-box, by the use of
+which many different kinds of weft could be worked into the same
+fabric without difficulty. It was in fact a partitioned lift, any
+partition of which could be brought to a level with the lathe and
+made for the time continuous with it. The drop-box usefully
+supplemented the &ldquo;draw-boy,&rdquo; or &ldquo;draught-boy,&rdquo; which provided
+for the raising of warps in groups, and thereby enabled figured
+goods to be produced. The &ldquo;draw-boy&rdquo; had been well known
+in the industry for a long time; in 1687 a Joseph Mason patented
+an invention for avoiding the expense of an assistant to work
+it,<a name="FnAnchor_33c" id="FnAnchor_33c" href="#Footnote_33c"><span class="sp">33</span></a> but there is no evidence to show that his invention was of
+practical value. Looms with &ldquo;draw-boys&rdquo; affixed, which could
+sometimes be worked by the weavers themselves, later became
+common under the name of harness-looms, which have since been
+supplanted by Jacquard looms, wherein the pattern is picked out
+mechanically.</p>
+
+<p>The principle of the fly-shuttle was a first step towards the
+complete mechanizing of the action required for working a
+loom. The second step was the power-loom, the initial effort to
+design which was created by the tardiness of weaving as contrasted
+with the rapidity of spinning by power. After the general
+adoption of the jenny, supplies of yarn outran the productive
+powers of the agencies that existed for converting them into
+fabrics, and as a consequence, it would seem, some yarn was
+directed into exports which might have been utilized for the
+manufacture of cloth for export had the loom been more productive.
+The agitation for the export tax on yarn at the end of
+the 18th, and in the first years of the 19th century, is therefore
+comprehensible, but there was no foundation for some of the
+allegations by which it was supported. For a large proportion of
+the exported yarn, fabrics could not have been substituted, since
+the former was required to feed the hand-looms in continental
+homes and domestic workshops, against much of the product of
+which there was no chance of competing. The hand-loom was
+securely linked to the home of the peasant, and though he would
+buy yarn to feed his loom he would not buy cloth and break
+it up.<a name="FnAnchor_34c" id="FnAnchor_34c" href="#Footnote_34c"><span class="sp">34</span></a></p>
+
+<p>Cartwright&rsquo;s loom was not the first design adapted for weaving
+by power. A highly rudimentary and perfectly futile self-actor
+weaving machine, which would have been adapted for
+power-working had it been capable of working at all, had been
+invented by a M. de Gennes: a description of it, extracted from
+the <i>Journal de sçavans</i>, appeared in the <i>Philosophical Transactions</i>
+for July and August 1678, and again in the <i>Gentleman&rsquo;s
+Magazine</i> in 1751 (vol. xxi. pp. 391-392). It consisted of
+mechanical hands, as it were, that shot in and out of the warp and
+exchanged the shuttle.<a name="FnAnchor_35c" id="FnAnchor_35c" href="#Footnote_35c"><span class="sp">35</span></a> Another idea, which however proved
+fruitful, was that of grinding the shuttle through the warps by
+the agency of cog-wheels working at each end upon teeth affixed
+to the upper side of the shuttle. Though shuttles could not in
+this fashion be set in rapid movement, the machine turned out to
+be economical for the production of ribbons and tapes, because
+many pieces could be woven by it at once. These contrivances
+were known as swivel-looms, and in 1724 Stukeley in his <i>Itinerarium
+curiosum</i> wrote that the people of Manchester have
+&ldquo;looms that work twenty-four laces at a time, which was
+stolen from the Dutch.&rdquo; Ogden says also that they were set
+up in imitation of Dutch machines by Dutch mechanics
+invited over for the purpose. Another interesting passage
+relating to the swivel-looms will be found in the rules of
+the Manchester small-ware weavers dated 1756, where the
+complaint is made that the masters have acquired by the employment
+of &ldquo;engine or Dutch looms such large and opulent fortunes
+as hath enabled them to vie with some of the best gentlemen
+of the country,&rdquo; and it is alleged that these machines, which
+wove twelve or fourteen pieces at once, &ldquo;were in use in Manchester
+thirty years ago.&rdquo;<a name="FnAnchor_36c" id="FnAnchor_36c" href="#Footnote_36c"><span class="sp">36</span></a> One power-factory at least was
+devoted to them as early as 1760, namely that of a Mr Gartside
+at Manchester, where water-power was applied, but the enterprise
+failed.<a name="FnAnchor_37c" id="FnAnchor_37c" href="#Footnote_37c"><span class="sp">37</span></a> Cartwright&rsquo;s invention was probably perfected in its
+<span class="pagenum"><a name="page287" id="page287"></a>287</span>
+first form about 1787, but many corrections, improvements
+and additions had to be effected before it became an unqualified
+success. Cartwright&rsquo;s original idea was elaborated by numerous
+followers, and supplementary ideas were needed to make the
+system complete. Of the latter the most important were
+those due to William Radcliffe, and an ingenious mechanic
+who worked with him, Thomas Johnson, which were patented in
+1803 and 1804. They related to the dressing of the warp before it
+was placed in the loom, and for the mechanical taking up of the
+cloth and drawing forward of
+the warp, so that the loom had
+not to be stopped for the cloth
+to be moved on and the warp
+brought within play of the
+shuttle to be sized. Looms
+fitted with the latter of these
+devices were known as
+&ldquo;dandy&rdquo; looms. The looms
+that followed need not be
+described here, nor need we
+concern ourselves with the
+degree in which some were
+imitations of others. It is of
+interest to note, however, in
+view of recent developments,
+that one of Cartwright&rsquo;s
+patents included a warp-stop motion, though it was never tried
+practically so far as the writer is aware. Looms with warp-stop
+motions are now common in the United States, as are also
+automatic looms, but both are still the exception in Lancashire
+for reasons that will be sketched later.</p>
+
+<p>Power-looms won their way only very gradually. Cartwright
+and others lost fortunes in trying to make them pay, but the
+former was compensated by a grant of £10,000 from government.
+In 1813 there were 2400 only in the whole of the United
+Kingdom; in 1820 there were 14,000, beside some 240,000
+hand-looms; in 1829, 55,500; in 1833, 100,000; and in 1870,
+440,700.<a name="FnAnchor_38c" id="FnAnchor_38c" href="#Footnote_38c"><span class="sp">38</span></a> To-day there are about 700,000 in the cotton
+industry. The beginning, and the final consequences, of the
+competitive pressure of the power-looms may be read in the
+reports of official inquiries and in Rowbotham&rsquo;s diary.<a name="FnAnchor_39c" id="FnAnchor_39c" href="#Footnote_39c"><span class="sp">39</span></a> It was
+upon the fine work that the hand-loom weavers retained their
+last hold. In 1829 John Kennedy wrote in his paper to the
+Manchester Literary and Philosophical Society on &ldquo;The Rise and
+Progress of the Cotton Trade,&rdquo; &ldquo;It is found ... that one person
+cannot attend upon more than two power-looms, and it is still
+problematical [even in 1829, observe] whether the saving of
+labour counterbalances the expense of power and machinery and
+the disadvantage of being obliged to keep an establishment of
+power-looms constantly at work.&rdquo; It was not easy to obtain
+a sufficiency of good hands for the power-looms, because the
+operatives, who had acquired their habits under the domestic
+system, hated factory life. This, in conjunction with the ease
+with which the art of coarse weaving could be acquired and the
+cheapness of rough looms, helps to explain the wretched straits
+into which the hand-loom weavers were driven.</p>
+
+<p>Improvements in machinery, which ultimately affected every
+process from cleaning the cotton to finishing the fabric, and the
+application of water and steam-power, so lowered the
+cost of production as to render Lancashire the cotton
+<span class="sidenote">Growth.</span>
+factory of the world. Figures are quoted in the table to show
+the rate of growth in different periods of England&rsquo;s imports and
+exports as regards the raw material and products of this industry.
+It is important to remember when reading the last 6 columns
+that the value of money was the same in 1831-1835, 1851-1855
+and 1876-1880: the sums of Sauerbeck&rsquo;s index numbers for these
+periods were 454, 451 and 444 respectively. In the last two
+periods there were considerable depressions in prices. If prices
+had remained constant, in the periods 1891-1895 and 1896-1900
+the figures of exports would have been £90 millions and £91
+millions respectively. The growth in trade has been partly
+occasioned by the enormous increase in the volume of cotton
+goods consumed all over the world, which in turn has been due to
+(1) the growth of population, (2) the increase in productive
+efficiency and well-being, and (3) the substitution of cotton
+fabrics for woollen and linen fabrics. The rate of growth between
+the periods 1771-1781 and 1781-1791 (which is not shown in
+the above table) was particularly remarkable, and reached as
+high a figure (when measured by importations of weight of
+cotton) as 320%.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">Year.</td>
+ <td class="tccm allb" rowspan="2">Imports of<br />Raw Cotton,<br />Million &#8468;.</td>
+ <td class="tccm allb" rowspan="2">Raw Cotton<br />re-exported,<br />Million &#8468;.</td>
+ <td class="tccm allb" colspan="3">Exports of Cotton Yarns and<br />Manufactures, Million £.</td>
+ <td class="tccm allb" colspan="3">Imports of Cotton Yarns and<br />Manufactures, Million £</td></tr>
+<tr><td class="tccm allb">Yarns.</td> <td class="tccm allb">Manu-<br />factures.</td>
+ <td class="tccm allb">Total.</td> <td class="tccm allb">Yarns.</td>
+ <td class="tccm allb">Manu-<br />factures<br />(excluding<br />Lace).</td> <td class="tccm allb">Total.</td></tr>
+
+<tr><td class="tcl lb rb">1700-1705</td> <td class="tcr rb">1.17</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1771-1775</td> <td class="tcr rb">4.76</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1785-1789</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">&ensp;1.07*</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1791-1795</td> <td class="tcr rb">26.00</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">&ensp;2.09*</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1816-1820</td> <td class="tcr rb">139.00</td> <td class="tcr rb">10.00</td> <td class="tcr rb">2.5</td> <td class="tcc rb">13.8</td> <td class="tcc rb">16.30</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1831-1835</td> <td class="tcr rb">313.00</td> <td class="tcr rb">23.00</td> <td class="tcr rb">4.8</td> <td class="tcc rb">14.2</td> <td class="tcc rb">19.00</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1851-1855</td> <td class="tcr rb">872.00</td> <td class="tcr rb">124.00</td> <td class="tcr rb">6.8</td> <td class="tcc rb">24.9</td> <td class="tcc rb">31.70</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">1876-1880</td> <td class="tcr rb">1456.00</td> <td class="tcr rb">180.00</td> <td class="tcr rb">12.4</td> <td class="tcc rb">56.1</td> <td class="tcc rb">68.30</td> <td class="tcc rb">· ·</td> <td class="tcc rb">2.29</td> <td class="tcc rb">2.29</td></tr>
+<tr><td class="tcl lb rb">1891-1895</td> <td class="tcr rb">1746.00</td> <td class="tcr rb">217.00</td> <td class="tcr rb">9.7</td> <td class="tcc rb">56.6</td> <td class="tcc rb">66.30</td> <td class="tcc rb">.42</td> <td class="tcc rb">2.78</td> <td class="tcc rb">3.20</td></tr>
+<tr><td class="tcl lb rb">1896-1900</td> <td class="tcr rb">1798.00</td> <td class="tcr rb">223.00</td> <td class="tcr rb">8.9</td> <td class="tcc rb">58.2</td> <td class="tcc rb">67.10</td> <td class="tcc rb">.26</td> <td class="tcc rb">4.27</td> <td class="tcc rb">4.53</td></tr>
+<tr><td class="tcl lb rb bb">1901-1905</td> <td class="tcr rb bb">1920.00</td> <td class="tcr rb bb">265.00</td> <td class="tcr rb bb">8.4</td> <td class="tcc rb bb">70.7</td> <td class="tcc rb bb">79.10</td> <td class="tcc rb bb">.22</td> <td class="tcc rb bb">5.10</td> <td class="tcc rb bb">5.32</td></tr>
+
+<tr><td class="tcl f80" colspan="9">* Official values.</td></tr>
+</table>
+
+<p>Nothing is more interesting in the cotton industry than the
+processes of differentiation and integration that have taken place
+from time to time. Weaving and spinning had been to
+a large extent united in the industry in its earliest form,
+<span class="sidenote">Differentiation and Integration.</span>
+in that both were frequently conducted beneath the
+same roof. With mechanical improvements in spinning,
+that branch of the industry became a separate business, and a
+substantial section of it was brought under the factory régime.
+Weaving continued to be performed in cottages or in hand-loom
+sheds where no spinning at all was attempted. Cartwright&rsquo;s
+invention carried weaving back to spinning, because both operations
+then needed power, and the trouble of marketing yarn was
+largely spared by the reunion. Mr W. R. Grey stated in 1833
+to the committee of the House of Commons on manufactures,
+commerce and shipping, that he knew of no single person then
+building a spinning mill who was not attaching to it a power-loom
+factory. Some years later the weaving-shed split away
+from spinning, partly no doubt because of the economies of
+industrial specialism, partly because of commercial developments,
+to be described later, which rendered dissociation less hazardous
+than it had been, and partly because, in consequence of these
+developments, much manufacturing (as weaving is termed) was
+constituted a business strikingly dissimilar from spinning. The
+manufacturer runs more risks in laying by stocks than the
+spinner, because of the greater variety of his product and the
+more frequent changes that it undergoes. The former, therefore,
+must devote more time than the latter to keeping his order book
+and the productive power of his shed in close correspondence.
+The minute care of this kind that must be exercised in some
+classes of businesses explains why the small manufacturer still
+holds his own while the small spinner has been crushed out.
+It also explains to some extent the prevalence of joint-stock
+companies in spinning, and their comparative rarity in manufacturing.
+Here we should notice, perhaps, that the only
+combination of importance in the cotton industry proper (apart
+from calico-printing, bleaching, &amp;c., and the manufacture of
+sewing-cotton) is the Fine Cotton Spinners and Doublers
+Association, founded in 1898, which is practically coextensive
+with fine spinning and doubling.</p>
+
+<p><span class="pagenum"><a name="page288" id="page288"></a>288</span></p>
+
+<p>The specialism of the two main branches of the industry
+has been followed by the specialism of sub-branches
+and by the localization of specialized parts. Of the
+localization of certain sections of the cotton industry
+<span class="sidenote">Localization of branches of the industry.</span>
+the late Mr Elijah Helm, who spoke with the authority
+of great local knowledge, has written as follows:&mdash;</p>
+
+<div class="condensed">
+<p>&ldquo;Spinning is largely concentrated in south Lancashire and in the
+adjoining borderland of north Cheshire. But even within this area
+there is further allocation. The finer and the very finest yarns are
+spun in the neighbourhood of Bolton, and in or near Manchester,
+much of this being used for the manufacture of sewing-thread;
+whilst other descriptions, employed almost entirely for weaving,
+are produced in Oldham and other towns. The weaving branches
+of the industry are chiefly conducted in the northern half of Lancashire&mdash;most
+of it in very large boroughs, as Blackburn, Burnley
+and Preston. Here, again, there is a differentiation. Preston and
+Chorley produce the finer and lighter fabrics; Blackburn, Darwen
+and Accrington, shirtings, dhooties and other goods extensively
+shipped to India; whilst Nelson and Colne make cloths woven from
+dyed yarn, and Bolton is distinguished for fine quiltings and fancy
+cotton dress goods. These demarcations are not absolutely observed,
+but they are sufficiently clear to give to each town in the area
+covered by the cotton industry a distinctive place in its general
+organization.&rdquo;<a name="FnAnchor_40c" id="FnAnchor_40c" href="#Footnote_40c"><span class="sp">40</span></a></p>
+</div>
+
+<p>The present local distribution of the cotton industry, as far as it
+is displayed statistically, is revealed in the table beneath, based
+upon the figures of spindles and looms given by Worrall and those
+of operatives in the census returns of 1901.</p>
+
+<p class="center pt2"><i>Distribution of Cotton Operatives in Lancashire and the Vicinity
+according to the Census Returns of 1901, together with the Number
+of Spindles and Looms according to Worrall.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td>
+ <td class="tccm allb">No. of<br />Operatives.</td> <td class="tccm allb">No. of<br />Spindles (in<br />Thousands).</td>
+ <td class="tccm allb">No. of<br />Looms.</td></tr>
+
+<tr><td class="tcl lb rb">Blackburn</td> <td class="tcr rb">41,400</td> <td class="tcr rb">1,325</td> <td class="tcr rb">75,300</td></tr>
+<tr><td class="tcl lb rb">Bolton</td> <td class="tcr rb">29,800</td> <td class="tcr rb">5,035</td> <td class="tcr rb">20,100</td></tr>
+<tr><td class="tcl lb rb">Oldham</td> <td class="tcr rb">29,500</td> <td class="tcr rb">11,603</td> <td class="tcr rb">18,500</td></tr>
+<tr><td class="tcl lb rb">Burnley</td> <td class="tcr rb">27,900</td> <td class="tcr rb">687</td> <td class="tcr rb">79,300</td></tr>
+<tr><td class="tcl lb rb">Manchester and Salford</td> <td class="tcr rb">27,200</td> <td class="tcr rb">2,666</td> <td class="tcr rb">24,200*</td></tr>
+<tr><td class="tcl lb rb">Preston</td> <td class="tcr rb">25,000</td> <td class="tcr rb">2,036</td> <td class="tcr rb">57,900</td></tr>
+<tr><td class="tcl lb rb">Rochdale</td> <td class="tcr rb">14,800</td> <td class="tcr rb">2,168</td> <td class="tcr rb">25,100</td></tr>
+<tr><td class="tcl lb rb">Darwen</td> <td class="tcr rb">12,500</td> <td class="tcr rb">336</td> <td class="tcr rb">28,700</td></tr>
+<tr><td class="tcl lb rb">Nelson</td> <td class="tcr rb">12,400</td> <td class="tcr rb">23</td> <td class="tcr rb">39,000</td></tr>
+<tr><td class="tcl lb rb">Glossop**</td> <td class="tcc rb">· ·</td> <td class="tcr rb">968</td> <td class="tcr rb">15,400</td></tr>
+<tr><td class="tcl lb rb">Bury</td> <td class="tcr rb">10,700</td> <td class="tcr rb">818</td> <td class="tcr rb">22,200</td></tr>
+<tr><td class="tcl lb rb">Stockport</td> <td class="tcr rb">9,700</td> <td class="tcr rb">1,803</td> <td class="tcr rb">8,700</td></tr>
+<tr><td class="tcl lb rb">Ashton-under-Lyne</td> <td class="tcr rb">8,600</td> <td class="tcr rb">1,839</td> <td class="tcr rb">11,500</td></tr>
+<tr><td class="tcl lb rb">Accrington</td> <td class="tcr rb">8,300</td> <td class="tcr rb">417</td> <td class="tcr rb">36,400</td></tr>
+<tr><td class="tcl lb rb">Colne</td> <td class="tcr rb">7,300</td> <td class="tcr rb">140***</td> <td class="tcr rb">20,500</td></tr>
+<tr><td class="tcl lb rb">Heywood</td> <td class="tcr rb">7,300</td> <td class="tcr rb">869</td> <td class="tcr rb">6,400</td></tr>
+<tr><td class="tcl lb rb">Stalybridge</td> <td class="tcr rb">7,100</td> <td class="tcr rb">1,106</td> <td class="tcr rb">7,100</td></tr>
+<tr><td class="tcl lb rb">Todmorden</td> <td class="tcr rb">6,900</td> <td class="tcr rb">261</td> <td class="tcr rb">15,800</td></tr>
+<tr><td class="tcl lb rb">Rawtenstall</td> <td class="tcr rb">6,600</td> <td class="tcr rb">356</td> <td class="tcr rb">8,800</td></tr>
+<tr><td class="tcl lb rb">Hyde</td> <td class="tcr rb">6,500</td> <td class="tcr rb">553</td> <td class="tcr rb">7,900</td></tr>
+<tr><td class="tcl lb rb">Chadderton</td> <td class="tcr rb">6,400</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">Haslingden</td> <td class="tcr rb">6,100</td> <td class="tcr rb">148</td> <td class="tcr rb">12,000</td></tr>
+<tr><td class="tcl lb rb">Bacup</td> <td class="tcr rb">5,900</td> <td class="tcr rb">315</td> <td class="tcr rb">9,300</td></tr>
+<tr><td class="tcl lb rb">Chorley</td> <td class="tcr rb">5,900</td> <td class="tcr rb">547</td> <td class="tcr rb">17,900</td></tr>
+<tr><td class="tcl lb rb">Farnworth, near Bolton</td> <td class="tcr rb">5,700</td> <td class="tcr rb">738</td> <td class="tcr rb">10,600</td></tr>
+<tr><td class="tcl lb rb">Leigh</td> <td class="tcr rb">5,000</td> <td class="tcr rb">1,667</td> <td class="tcr rb">5,900</td></tr>
+<tr><td class="tcl lb rb">Great Harwood</td> <td class="tcr rb">4,900</td> <td class="tcr rb">72</td> <td class="tcr rb">12,400</td></tr>
+<tr><td class="tcl lb rb">Middleton</td> <td class="tcr rb">4,900</td> <td class="tcr rb">511</td> <td class="tcr rb">2,500</td></tr>
+<tr><td class="tcl lb rb bb">Radcliffe</td> <td class="tcr rb bb">4,800</td> <td class="tcr rb bb">157</td> <td class="tcr rb bb">8,900</td></tr>
+
+<tr><td class="tcl f80" colspan="4">* Manchester only.</td></tr>
+
+<tr><td class="tcl f80" colspan="4">** The number of operatives in places in Derbyshire is not separately
+specified.</td></tr>
+
+<tr><td class="tcl f80" colspan="4">*** Includes Foulridge with Colne.</td></tr>
+</table>
+
+<p>Local markets have steadily lost in importance, partly owing to
+railway development, and it is now almost entirely in Manchester,
+on the Exchange, that dealing in yarns and fabrics takes place,
+and arrangements are made for export. The old Manchester
+Exchange, built in 1729, was taken down in 1792. A new
+Exchange, reared on a contiguous site, was opened in 1809, the
+first stone having been laid in 1806. The present building was
+erected in 1869. The great bulk of the exports of cotton goods
+proceeds from Liverpool, though London used to be the leading
+port, and Liverpool is still the chief English market for raw
+cotton, though now from one-sixth to one-eighth of English
+cotton supplies come up the Manchester Ship Canal.</p>
+
+<p>To understand the present organization of the cotton industry
+the reader must begin by mentally separating the commercial
+from the industrial functions. By the industrial
+functions are meant the arrangements of factors in
+<span class="sidenote">Modern organization.</span>
+production&mdash;choosing the most suitable machinery and
+hands, combining them in the most economical system,
+adapting the material used to this system, and keeping its
+working at the highest attainable level. The commercial
+functions consist in business which is not industrial. Analysis
+will show that there are, broadly speaking, two classes of commercial
+functions, namely (1) arranging for purchases and sales,
+and (2) the bearing of risks. The character of the former is
+apparent; it consists, as regards yarn, in discovering for each
+manufacturer which spinner makes the yarn which is best
+adapted to his requirements at the lowest cost, and in finding the
+most suitable customers for spinners. Risk-bearing is a commercial
+function of another kind. Every business that involves
+anticipation involves commercial risks. Thus the spinner who
+sells &ldquo;forward&rdquo; yarn, trusting that the price of cotton will not
+rise, is taking commercial risks, and so is the spinner who produces
+for stock, trusting that the class of yarn that he is making
+will continue in demand. These two instances will suffice to
+indicate what is meant by the carrying of commercial risks. To
+make the rest of our argument clear it will be well to write down
+formulae. Let A and B represent respectively the industrial
+operations of spinning and manufacturing. Let a and &alpha; represent
+respectively the commercial operations implied by the separate
+existence of A, that is, the buying of cotton and the selling of yarn;
+and let b and &beta; stand for the commercial operations associated
+with manufacturing, that is, the buying of yarn on the one hand,
+and the finding of customers and arranging for their purchases
+on the other hand. Then, A and B being distinct businesses, it
+is obvious that a range of schemes is possible of which the
+extremes may be roughly represented as follows:&mdash;</p>
+
+<table class="reg" summary="poem"><tr><td> <div class="poemr">
+<p>1. (aA&alpha;), (bB&beta;)</p>
+<p>2. (a), (A), (&alpha;b), (B), (&beta;),</p>
+</div> </td></tr></table>
+
+<p class="noind">where the brackets signify independent businesses. In case 1
+each spinning business would be engaged with three problems,
+namely, (i.) buying material at the most favourable time, (ii.)
+producing at the lowest cost, and (iii.) finding buyers and selling
+at the highest price, including the arranging for the performance of
+the most remunerative work. But in case 2 the spinner would
+confine his attention to purely industrial matters, while the
+problem of finding cotton and arranging for the bearing of the
+risks as to future prices would rest with other persons, and the
+business of bringing spinner and manufacturer together and
+taking such risks as may be involved in ordering or disposing of
+yarn would be the function of yet others. In case 2 the commercial
+functions may be said to have differentiated completely
+from the main body of the industry. We need hardly give
+illustrations of the intermediate arrangements that formally lie
+between cases 1 and 2. A may retain commercial risks but find
+customers through intermediaries; in such an event there would
+be only partial differentiation of the commercial functions. The
+reader must be reminded also that for the sake of simplicity in the
+formulae we have overlooked different classes of A and of B,
+omitted bleaching, dyeing, printing and finishing, and drawn no
+distinction between the various classes of commercial work
+covered by one letter, for instance, selling in the home market
+and selling abroad.</p>
+
+<p>It may help the reader to appreciate the organic growth of the
+cotton industry if we now run over the main lines of its evolution.
+Originally the industrial units were held together in one homogeneous
+commercial setting. The Manchester merchants bought
+cotton and warps, put them out to the weavers, and arranged for
+the finishing of the cloth and then for its sale, so far as they had
+not been acting on orders already received. There were variations
+of this system&mdash;for instance, in early years weavers sometimes
+bought their own yarns and cotton and sold their cloth&mdash;but
+just before the industrial revolution the arrangement
+sketched above was the most usual. Adverting to our formula,
+the Manchester merchants, we observe, performed functions
+<span class="pagenum"><a name="page289" id="page289"></a>289</span>
+a (in conjunction with importers), b (as regarded warps), and &beta;.
+Weft the weaver had to get spun by his family or outsiders. So,
+broadly speaking, there was one single commercial setting. After
+the appearance of the factory, the commercial work as between the
+water-twist mills, the mule-spinning businesses and the manufacturers,
+so far as the businesses were distinct, appears to have
+been done by the several producing firms concerned. It was not
+at once that (&alpha;b) began to differentiate, &beta; was already a separate
+business in the hands of Manchester merchants and the foreign
+houses who had established themselves in Manchester to direct the
+export trade. At the present time an advanced stage of commercial
+specialism has been reached. From the risks connected
+with the buying of cotton the spinner may if he please escape
+entirely.<a name="FnAnchor_41c" id="FnAnchor_41c" href="#Footnote_41c"><span class="sp">41</span></a> Selling work is now done usually through intermediaries,
+but there is no one uniform rule as to the carrying of
+the commercial risks involved. This appears to be now to some
+extent a matter of arrangement between the persons concerned,
+but ultimately no doubt the risks will have to be borne by those
+most qualified by experience to bear them, namely, the commercial
+specialists. In no other trade in England, and in no other
+cotton industry abroad, has commercial specialism been carried
+so far as in the cotton trade of Lancashire. It is partly in
+consequence of the difference in this respect between the cotton
+industry in Lancashire and abroad that the separation of spinning
+from weaving is far more common in England than elsewhere.
+Elsewhere producers are deterred from specializing processes
+further in distinct businesses by the fear of the worries of buying
+and selling as between them.</p>
+
+<p>The explanation of differences in respect of the degree of
+commercial specialism in different places and industries can be
+formulated only very generally. Time is required for the
+differentiation and localization to take place. The English
+cotton trade had not advanced very far in the &ldquo;&rsquo;thirties,&rdquo; if we
+are to judge from the evidence given to commissions and parliamentary
+committees. The general conditions under which
+commercial specialism evolves may be taken to be a moderately
+limited range of products which do not present many varieties,
+and the qualities of which can be judged generally on inspection.
+In such circumstances private markets need not be built up, as
+they must be, for instance, for a new brand of soap which
+claims some subtle superiority to all others. Soaps under
+present conditions must be marketed by their producers.
+Broadly stated, if there be little competition as to substitutes,
+though there may be much as to price in relation to quality,
+commercial functions may specialize. On the whole this is the
+case in the cotton industry; in so far as it is not and firms
+produce specialities, they undertake much of the marketing
+work themselves.</p>
+
+<p>The advantages of commercial specialism are numerous.
+Firstly it allows of differentiation of industrial processes, and
+this, of necessity, is accompanied by increasing returns. When
+weaving dissociates from spinning, both the number of looms
+in each business and the number of spindles in each business
+tend to increase; more division of labour is therefore secured,
+and lower costs of production are reached, and there is a further
+gain because producers concentrate their attention upon a
+smaller range of work. Again when producers are freed entirely,
+or to some extent, from commercial worries, they can attain a
+higher level of efficiency at the industrial task of mill organization,
+and a more perfect accommodation of capacity to function
+will be brought about. If the business unit is (aA&alpha;), a particular
+person may retain his place in the market by reason of his
+excellence at the work a or &alpha;, though as works organizer (<i>i.e.</i> at
+the performances of function A) he may be incompetent. The
+heads of businesses will succeed according to their average
+capacities at the three tasks a, A and &alpha;, and there is no guarantee,
+therefore, that any one of these tasks will be performed with the
+highest attainable efficiency in our present somewhat immobile
+economic system. But if the three functions are separated
+there is more certainty of a person&rsquo;s success in the performance
+of each determining his continued discharge of it. The
+problems that arise when specialized markets become very
+highly developed are dealt with in the article <a>Cotton:
+Marketing and Supply</a>.</p>
+
+<div class="condensed">
+<p>The distribution of cotton operatives among the chief centres
+has already been shown, but their distribution between processes
+has yet to be considered, and the proportions of different
+ages and sexes from time to time, together with the
+<span class="sidenote">Operatives in various processes.</span>
+total. With such statistical material as is available
+relating to supplies of labour we may set forth also the
+official returns made of the quantity of machinery at work from
+time to time. It hardly need be pointed out that the ratio of
+machinery to operatives roughly measures the efficiency of labour,
+other things being equal.</p>
+
+<p class="center pt2"><i>Machinery in the United Kingdom (in Thousands).</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Years.</td> <td class="tccm allb">Spinning<br />Spindles.</td>
+ <td class="tccm allb">Doubling<br />Spindles.</td> <td class="tccm allb">Power-<br />Looms.</td></tr>
+
+<tr><td class="tcc lb rb">1874</td> <td class="tcc rb">37,516</td> <td class="tcc rb">4366</td> <td class="tcc rb">463</td></tr>
+<tr><td class="tcc lb rb">1878</td> <td class="tcc rb">39,528</td> <td class="tcc rb">4679</td> <td class="tcc rb">515</td></tr>
+<tr><td class="tcc lb rb">1885</td> <td class="tcc rb">40,120</td> <td class="tcc rb">4228</td> <td class="tcc rb">561</td></tr>
+<tr><td class="tcc lb rb">1890</td> <td class="tcc rb">40,512</td> <td class="tcc rb">3993</td> <td class="tcc rb">616</td></tr>
+<tr><td class="tcc lb rb bb">1903</td> <td class="tcc rb bb">43,905</td> <td class="tcc rb bb">3952</td> <td class="tcc rb bb">684</td></tr>
+</table>
+
+<p class="center pt2"><i>Operatives employed in the Cotton Industry</i> (<i>in Thousands</i>). (<i>From the Census Returns</i>.*)
+(The figures in italics relate to Married and Widowed Women.)</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">&nbsp;</td>
+ <td class="tccm allb" colspan="4">1901.</td> <td class="tccm allb" colspan="4">1891.</td>
+ <td class="tccm allb" colspan="4">1881.</td></tr>
+<tr><td class="tccm allb" colspan="2">Lancashire.</td> <td class="tccm allb" colspan="2">England<br />and Wales.</td>
+ <td class="tccm allb" colspan="2">Lancashire.</td> <td class="tccm allb" colspan="2">England<br />and Wales.</td>
+ <td class="tccm allb" colspan="2">Lancashire.</td> <td class="tccm allb" colspan="2">England<br />and Wales.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td> <td class="tcc rb">M.</td> <td class="tcc rb">F.</td></tr>
+
+<tr><td class="tcl lb rb">Cotton, card and blowing-room processes</td> <td class="tcr rb">11.4</td> <td class="tcr rb">28.7</td> <td class="tcr rb">13.8</td> <td class="tcr rb">34.0</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>10.1</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>12.2</i></td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">Cotton spinning processes</td> <td class="tcr rb">49.5</td> <td class="tcr rb">19.6</td> <td class="tcr rb">64.1</td> <td class="tcr rb">28.6</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>4.3</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>6.0</i></td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">Cotton weaving, warping, &amp;c.</td> <td class="tcr rb">57.6</td> <td class="tcr rb">113.5</td> <td class="tcr rb">66.1</td> <td class="tcr rb">130.8</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>13.0</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>15.8</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">Cotton winding, warping, &amp;c.</td> <td class="tcr rb">14.8</td> <td class="tcr rb">38.6</td> <td class="tcr rb">18.3</td> <td class="tcr rb">48.9</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>38.1</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>44.4</i></td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+
+<tr><td class="tcr lb rb">Total&emsp;&emsp;</td> <td class="tcr allb">133.3</td> <td class="tcr allb">265.9</td> <td class="tcr allb">162.3</td> <td class="tcr allb">320.7</td> <td class="tcr allb">178.2</td> <td class="tcr allb">281.8</td> <td class="tcr allb">213.2</td> <td class="tcr allb">332.8</td> <td class="tcr allb">150.7</td> <td class="tcr allb">249.8</td> <td class="tcr allb">185.4</td> <td class="tcr allb">302.4</td></tr>
+
+<tr><td class="tcl lb rb">Cotton workers in other processes or undefined</td> <td class="tcr rb">29.0</td> <td class="tcr rb">6.7</td> <td class="tcr rb">34.5</td> <td class="tcr rb">9.4</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb"><i>1.8</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>2.3</i></td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">Tape, manufacturer dealer</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">.47</td> <td class="tcr rb">.25</td> <td class="tcr rb">.9</td> <td class="tcr rb">1.5</td> <td class="tcr rb">.4</td> <td class="tcr rb">.24</td> <td class="tcr rb">.7</td> <td class="tcr rb">1.2</td></tr>
+<tr><td class="tcl lb rb">Thread, manufacturer dealer</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">.2&ensp;</td> <td class="tcr rb">.9&ensp;</td> <td class="tcr rb">.6</td> <td class="tcr rb">2.1</td> <td class="tcr rb">.1</td> <td class="tcr rb">.9&ensp;</td> <td class="tcr rb">.5</td> <td class="tcr rb">1.7</td></tr>
+<tr><td class="tcl lb rb">Fustian, manufacturer dealer</td> <td class="tcr rb">.6</td> <td class="tcr rb">1.2</td> <td class="tcr rb">2.1</td> <td class="tcr rb">2.6</td> <td class="tcr rb">1.1&ensp;</td> <td class="tcr rb">2.9&ensp;</td> <td class="tcr rb">3.2</td> <td class="tcr rb">5.0</td> <td class="tcr rb">1.7</td> <td class="tcr rb">3.5&ensp;</td> <td class="tcr rb">3.0</td> <td class="tcr rb">5.2</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb"><i>.55</i></td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb"><i>1.0</i></td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb bb">Cotton, calico, warehouseman, dealer</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcc rb bb">· ·</td> <td class="tcr rb bb">2.5</td> <td class="tcr rb bb">.3</td> <td class="tcr rb bb">3.2</td> <td class="tcr rb bb">.38</td></tr>
+
+<tr><td class="tcl f80" colspan="13">* Census classifications have been altered twice in the period covered by this table.</td></tr>
+</table>
+
+
+<p><span class="pagenum"><a name="page290" id="page290"></a>290</span></p>
+
+<p>In Scotland there are less than 15,000 cotton operatives distributed
+as follows:&mdash;</p>
+
+<table class="nobctr" style="width: 60%;" summary="Contents">
+
+<tr><td class="tcl">&nbsp;</td> <td class="tcc">In Thousands.</td></tr>
+
+<tr><td class="tcl">Card and blowing-room processes</td> <td class="tcr">.4</td></tr>
+<tr><td class="tcl">Spinning-room processes</td> <td class="tcr">2.1</td></tr>
+<tr><td class="tcl">Winding, warping, &amp;c.</td> <td class="tcr">2.7</td></tr>
+<tr><td class="tcl">Weaving, warping, &amp;c.</td> <td class="tcr">6.8</td></tr>
+<tr><td class="tcl">Workers in other processes or undefined </td> <td class="tcr">2.8</td></tr>
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">&mdash;&mdash;</td></tr>
+<tr><td class="tcr">Total&emsp;</td> <td class="tcr">14.8</td></tr>
+</table>
+
+<p class="center pt2"><i>Operatives employed in Cotton Factories in the United Kingdom and
+Percentages of each Class</i>. (<i>From Returns of Factory Inspectors.</i>)</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1835.</td>
+ <td class="tccm allb">1838.</td> <td class="tccm allb">1847.</td>
+ <td class="tccm allb">1850.</td> <td class="tccm allb">1856.</td>
+ <td class="tccm allb">1862.</td> <td class="tccm allb">1867.</td></tr>
+
+<tr><td class="tcl lb rb">Male and Female under 13, or half-timers.</td> <td class="tcr rb">13.2</td> <td class="tcr rb">45.7</td> <td class="tcr rb">5.8</td> <td class="tcr rb">4.6</td> <td class="tcr rb">6.5</td> <td class="tcr rb">8.8</td> <td class="tcr rb">10.4</td></tr>
+<tr><td class="tcl lb rb">Male, 13 to 18</td> <td class="tcr rb">12.5</td> <td class="tcr rb">16.6</td> <td class="tcr rb">11.8</td> <td class="tcr rb">11.2</td> <td class="tcr rb">10.3</td> <td class="tcr rb">9.1</td> <td class="tcr rb">8.6</td></tr>
+<tr><td class="tcl lb rb">Male, over 18</td> <td class="tcr rb">26.4</td> <td class="tcr rb">24.9</td> <td class="tcr rb">27.1</td> <td class="tcr rb">28.7</td> <td class="tcr rb">27.4</td> <td class="tcr rb">26.4</td> <td class="tcr rb">26.0</td></tr>
+<tr><td class="tcl lb rb">Female, over 13</td> <td class="tcr rb">47.9</td> <td class="tcr rb">53.8</td> <td class="tcr rb">55.3</td> <td class="tcr rb">55.5</td> <td class="tcr rb">55.8</td> <td class="tcr rb">55.7</td> <td class="tcr rb">55.0</td></tr>
+
+<tr><td class="tcc lb rb tb bb2">Total number of Cotton Operatives</td> <td class="tcr rb tb bb2">218,000</td> <td class="tcr rb tb bb2">259,500</td> <td class="tcr rb tb bb2">316,400</td> <td class="tcr rb tb bb2">331,000</td> <td class="tcr rb tb bb2">379,300</td> <td class="tcr rb tb bb2">451,600</td> <td class="tcr rb tb bb2">401,100</td></tr>
+
+<tr><td class="tcl allb">&nbsp;</td> <td class="tccm allb">1870.</td> <td class="tccm allb">1874.</td> <td class="tccm allb">1878.</td> <td class="tccm allb">1885.</td> <td class="tccm allb">1890.</td> <td class="tccm allb">1895.</td> <td class="tccm allb">1901.</td></tr>
+
+<tr><td class="tcl lb rb">Male and Female under 13, or half-timers.</td> <td class="tcr rb">9.6</td> <td class="tcr rb">14.0</td> <td class="tcr rb">12.8</td> <td class="tcr rb">9.9</td> <td class="tcr rb">9.1</td> <td class="tcr rb">5.8 </td> <td class="tcr rb">4.1</td></tr>
+<tr><td class="tcl lb rb">Male, 13 to 18</td> <td class="tcr rb">8.5</td> <td class="tcr rb">8.0</td> <td class="tcr rb">7.2</td> <td class="tcr rb">7.9</td> <td class="tcr rb">8.2</td> <td class="tcr rb">7.9 </td> <td class="tcr rb">7.0</td></tr>
+<tr><td class="tcl lb rb">Male, over 18</td> <td class="tcr rb">26.0</td> <td class="tcr rb">24.1</td> <td class="tcr rb">25.3</td> <td class="tcr rb">26.4</td> <td class="tcr rb">26.9</td> <td class="tcr rb">27.6</td> <td class="tcr rb">27.8</td></tr>
+<tr><td class="tcl lb rb">Female, over 13</td> <td class="tcr rb">55.9</td> <td class="tcr rb">53.9</td> <td class="tcr rb">54.7</td> <td class="tcr rb">55.8</td> <td class="tcr rb">55.8</td> <td class="tcr rb">58.7</td> <td class="tcr rb">61.1</td></tr>
+
+<tr><td class="tcc allb">Total number of Cotton Operatives</td> <td class="tcr allb">450,100</td> <td class="tcr allb">479,600</td> <td class="tcr allb">483,000</td> <td class="tcr allb">504,100</td> <td class="tcr allb">528,800</td> <td class="tcr allb">538,900</td> <td class="tcr allb">513,000</td></tr>
+</table>
+
+<p class="center pt2"><i>Number of Operatives</i> (<i>in Thousands</i>) <i>engaged in Spinning, Manufacturing and
+Subsidiary Processes</i> (<i>excluding Lace-making, but including the Fustian
+Manufacture</i>). (<i>From Census Returns</i>.)</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb" colspan="4">Males.</td>
+ <td class="tccm allb" colspan="4">Females.</td> <td class="tccm allb" colspan="4">Males and Females.</td></tr>
+<tr><td class="tccm allb">&nbsp;</td>
+ <td class="tccm allb">Under<br />15.</td> <td class="tccm allb"><br />15-20.</td> <td class="tccm allb">Over<br />20.</td> <td class="tccm allb">All<br />Ages.</td>
+ <td class="tccm allb">Under<br />15.</td> <td class="tccm allb"><br />15-20.</td> <td class="tccm allb">Over<br />20.</td> <td class="tccm allb">All<br />Ages.</td>
+ <td class="tccm allb">Under<br />15.</td> <td class="tccm allb"><br />15-20.</td> <td class="tccm allb">Over<br />20.</td> <td class="tccm allb">All<br />Ages.</td></tr>
+
+<tr><td class="tcc lb rb">1881</td> <td class="tcc rb">29</td> <td class="tcc rb">39</td> <td class="tcc rb">121</td> <td class="tcc rb">189</td> <td class="tcc rb">40</td> <td class="tcc rb">81</td> <td class="tcc rb">189</td> <td class="tcc rb">310</td> <td class="tcc rb">69</td> <td class="tcc rb">120</td> <td class="tcc rb">310</td> <td class="tcc rb">500</td></tr>
+<tr><td class="tcc lb rb">1891</td> <td class="tcc rb">36</td> <td class="tcc rb">45</td> <td class="tcc rb">137</td> <td class="tcc rb">218</td> <td class="tcc rb">50</td> <td class="tcc rb">94</td> <td class="tcc rb">197</td> <td class="tcc rb">341</td> <td class="tcc rb">86</td> <td class="tcc rb">139</td> <td class="tcc rb">334</td> <td class="tcc rb">560</td></tr>
+<tr><td class="tcc lb rb bb">1901</td> <td class="tcc rb bb">24</td> <td class="tcc rb bb">36</td> <td class="tcc rb bb">139</td> <td class="tcc rb bb">199</td> <td class="tcc rb bb">36</td> <td class="tcc rb bb">92</td> <td class="tcc rb bb">207</td> <td class="tcc rb bb">335</td> <td class="tcc rb bb">60</td> <td class="tcc rb bb">128</td> <td class="tcc rb bb">346</td> <td class="tcc rb bb">535</td></tr>
+</table>
+
+<p>The fact that the branches of work covered by the figures are not
+identical explains discrepancies between this and the previous table.</p>
+
+<p class="center pt2"><i>Number of Operatives engaged in the Cotton Industry</i> (<i>Processes being distinguished
+and Ages and Sex</i>). (<i>From Special Returns made by Factory Inspectors</i>.)</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">&nbsp;</td> <td class="tccm allb" colspan="3">Males in Thousands.</td>
+ <td class="tccm allb" colspan="3">Females in Thousands.</td> <td class="tccm allb" rowspan="2">Total in<br />Thousands.</td></tr>
+<tr><td class="tccm allb">Half-<br />timers.</td> <td class="tccm allb">Under<br />18.</td> <td class="tccm allb">18 and<br />over.</td>
+ <td class="tccm allb">Half-<br />timers.</td> <td class="tccm allb">Under<br />18.</td> <td class="tccm allb">18 and<br />over.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb" colspan="4">Spinning and Preparatory Processes</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">1896</td> <td class="tcc rb">5.58</td> <td class="tcc rb">22.24</td> <td class="tcc rb">71.44</td> <td class="tcr rb">4.40</td> <td class="tcc rb">30.12</td> <td class="tcr rb">78.96</td> <td class="tcc rb">212</td></tr>
+<tr><td class="tcl lb rb">1898-1899*</td> <td class="tcc rb">5.42</td> <td class="tcc rb">21.57</td> <td class="tcc rb">71.37</td> <td class="tcr rb">3.86</td> <td class="tcc rb">30.44</td> <td class="tcr rb">77.64</td> <td class="tcc rb">210</td></tr>
+<tr><td class="tcl lb rb">1901</td> <td class="tcc rb">4.98</td> <td class="tcc rb">21.10</td> <td class="tcc rb">68.98</td> <td class="tcr rb">3.10</td> <td class="tcc rb">30.98</td> <td class="tcr rb">81.68</td> <td class="tcc rb">211</td></tr>
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td> <td class="tcc rb" colspan="4">Weaving and Preparatory Processes</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">1896</td> <td class="tcc rb">7.54</td> <td class="tcc rb">18.79</td> <td class="tcc rb">75.81</td> <td class="tcr rb">11.87</td> <td class="tcc rb">49.19</td> <td class="tcr rb">151.34</td> <td class="tcc rb">315</td></tr>
+<tr><td class="tcl lb rb">1898-1899*</td> <td class="tcc rb">6.21</td> <td class="tcc rb">17.29</td> <td class="tcc rb">72.74</td> <td class="tcr rb">10.38</td> <td class="tcc rb">48.38</td> <td class="tcr rb">150.99</td> <td class="tcc rb">306</td></tr>
+<tr><td class="tcl lb rb bb">1901</td> <td class="tcc rb bb">4.72</td> <td class="tcc rb bb">14.86</td> <td class="tcc rb bb">73.81</td> <td class="tcr rb bb">8.0</td> <td class="tcc rb bb">45.66</td> <td class="tcr rb bb">155.03</td> <td class="tcc rb bb">302</td></tr>
+
+<tr><td class="tcl f80" colspan="8">* Average for 1898 and 1899.</td></tr>
+</table>
+
+<p>The figures in this table are not quite complete except for 1901;
+the relations between the changes shown for each class should
+nevertheless be accurately represented.</p>
+
+<p class="center pt2"><i>Index Numbers of Money, Wages and Prices.</i></p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1840.</td> <td class="tccm allb">1855.</td> <td class="tccm allb">1860.</td> <td class="tccm allb">1866.</td> <td class="tccm allb">1870.</td> <td class="tccm allb">1874.</td> <td class="tccm allb">1877.</td> <td class="tccm allb">1880.</td> <td class="tccm allb">1883.</td> <td class="tccm allb">1886.</td> <td class="tccm allb">1891.</td> <td class="tccm allb">1902.</td></tr>
+
+<tr><td class="tcl lb rb">Cotton operatives.</td> <td class="tcc rb">50</td> <td class="tcc rb">54</td> <td class="tcc rb">64</td> <td class="tcc rb">74</td> <td class="tcc rb">74</td> <td class="tcc rb">90</td> <td class="tcc rb">90</td> <td class="tcc rb">85</td> <td class="tcc rb">90</td> <td class="tcc rb">93</td> <td class="tcc rb">100</td> <td class="tcc rb">105</td></tr>
+<tr><td class="tcl lb rb">Average wages for eight trades</td> <td class="tcc rb">61</td> <td class="tcc rb">61</td> <td class="tcc rb">73</td> <td class="tcc rb">81</td> <td class="tcc rb">83</td> <td class="tcc rb">97</td> <td class="tcc rb"> 94</td> <td class="tcc rb">89</td> <td class="tcc rb">92</td> <td class="tcc rb">90</td> <td class="tcc rb">100</td> <td class="tcc rb">108.7*</td></tr>
+<tr><td class="tcl lb rb">Sauerbeck&rsquo;s index number</td> <td class="tcc rb">103</td> <td class="tcc rb">73</td> <td class="tcc rb">99</td> <td class="tcc rb">102</td> <td class="tcc rb">96</td> <td class="tcc rb">102</td> <td class="tcc rb">94</td> <td class="tcc rb">88</td> <td class="tcc rb">82</td> <td class="tcc rb">69</td> <td class="tcc rb">72</td> <td class="tcc rb">69</td></tr>
+<tr><td class="tcl lb rb bb">Average price of wheat per quarter</td> <td class="tcc rb bb">66/4</td> <td class="tcc rb bb">40/3</td> <td class="tcc rb bb">53/3</td> <td class="tcc rb bb">49/11</td> <td class="tcc rb bb">46/11</td> <td class="tcc rb bb">55/9</td> <td class="tcc rb bb">56/9</td> <td class="tcc rb bb">44/4</td> <td class="tcc rb bb">41/7</td> <td class="tcc rb bb">31/-</td> <td class="tcc rb bb">37/-</td> <td class="tcc rb bb">28/1</td></tr>
+
+<tr><td class="tcl f80" colspan="13">* Average for a slightly different group.</td></tr>
+</table>
+
+<p class="center pt2"><i>Weekly Wages in the Manchester and District Cotton Trade.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tcl lb rb tb">&nbsp;</td> <td class="tccm allb">1834.</td> <td class="tccm allb">1836.</td> <td class="tccm allb">1839.</td> <td class="tccm allb">1841.</td> <td class="tccm allb">1849.</td> <td class="tccm allb">1850.</td> <td class="tccm allb">1859.</td> <td class="tccm allb">1860.</td> <td class="tccm allb">1870.</td> <td class="tccm allb">1877.</td> <td class="tccm allb">1882.</td> <td class="tccm allb">1883.</td> <td class="tccm allb">1886.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td> <td class="tcc rb">s. d.</td></tr>
+<tr><td class="tcl lb rb">Spinners&rsquo; average</td> <td class="tcc rb">23 4</td> <td class="tcc rb">23 11</td> <td class="tcc rb">22 1</td> <td class="tcc rb">22 0</td> <td class="tcc rb">21 7</td> <td class="tcc rb">20 5</td> <td class="tcc rb">24 1</td> <td class="tcc rb">23 2</td> <td class="tcc rb">27 8</td> <td class="tcc rb">34 4</td> <td class="tcc rb">31 6</td> <td class="tcc rb">32 4</td> <td class="tcc rb">35 7</td></tr>
+<tr><td class="tcl lb rb">Big piecers&rsquo; average</td> <td class="tcc rb">11 0</td> <td class="tcc rb">9 3</td> <td class="tcc rb">8 6</td> <td class="tcc rb">8 8</td> <td class="tcc rb">8 6</td> <td class="tcc rb">13 0</td> <td class="tcc rb">10 0</td> <td class="tcc rb">10 0</td> <td class="tcc rb">11 0</td> <td class="tcc rb">12 4</td> <td class="tcc rb">16 0</td> <td class="tcc rb">16 0</td> <td class="tcc rb">13 7</td></tr>
+<tr><td class="tcl lb rb bb">Weavers&rsquo; average</td> <td class="tcc rb bb">11 0</td> <td class="tcc rb bb">10 2</td> <td class="tcc rb bb">9 6</td> <td class="tcc rb bb">9 6</td> <td class="tcc rb bb">10 6</td> <td class="tcc rb bb">10 3</td> <td class="tcc rb bb">11 2</td> <td class="tcc rb bb">10 8</td> <td class="tcc rb bb">12 2</td> <td class="tcc rb bb">15 1</td> <td class="tcc rb bb">15 6</td> <td class="tcc rb bb">15 0</td> <td class="tcc rb bb">13 3</td></tr>
+</table>
+
+<p>The most noticeable features of these tables are the decrease in
+the proportion of children employed and the steady increase in the
+number of operatives as a whole until recent years. The contraction
+of the body of operatives of late years seems to have occurred
+primarily among children and young persons (where the first check
+would naturally be looked for), and secondarily among adult males.
+If allowance be made for the smaller value of children as compared
+with adults, and the census results be taken, it is not evident that
+there has been any diminution in the amount of labour-power;
+and if the factory inspectors&rsquo; returns be accepted, the falling off
+in the number of operatives cannot be proved to have taken place
+in either of the chief
+branches of the industry
+at so rapid a rate as to
+have occasioned the enforced
+dismissal of any
+hands. An industry
+which was not recruited
+at all would have
+dwindled at a greater
+rate. At least it may
+be inferred from these
+figures, when taken in
+conjunction with the
+large increase in spindles
+and looms, that the output
+per head has considerably
+advanced in
+spite of the rise in the
+average quality of both
+yarns and fabrics produced.
+This rise in the
+value per unit of the output
+accounts to some
+extent for the fact that
+wages have not been
+adversely affected of late.</p>
+
+<p>Mr A. L. Bowley has
+calculated index numbers
+of wages for
+the leading
+trades, including
+the manufacture
+of cotton. Those
+for the cotton industry
+are given below, together with averages for cotton and wool
+workers, the building trades, mining, workers in iron, sailors, compositors
+<span class="sidenote">Wages and piece-rate lists.</span>
+and agriculturists
+(England), the numbers in
+each class being allowed for
+in the average. Side by side
+with these figures, Sauerbeck&rsquo;s
+index numbers of general
+wholesale prices are given,
+together with the average
+prices of wheat per quarter.</p>
+
+<p>It must be remembered that
+the figures given above for
+cotton workers and average
+wages for eight trades do not
+measure the differences between
+each, but only the differences
+between the movements
+of each. Actual average money
+wages in the cotton industry
+have probably been approximately those stated in the second table
+beneath, but as these figures are culled from various sources they
+must not be taken to indicate fluctuations.<a name="FnAnchor_42c" id="FnAnchor_42c" href="#Footnote_42c"><span class="sp">42</span></a></p>
+
+<p>The wage of fine spinners exceeds the average wage of spinners
+<span class="pagenum"><a name="page291" id="page291"></a>291</span>
+by percentages varying from about 25 to 35. In the above figures
+the earnings of three classes of spinners are averaged.</p>
+
+<p>The highest wages are earned by mule-spinners (who are all
+males); their assistants, known as piecers, are badly paid. Persons
+can easily be found, however, to work as piecers, because they hope
+ultimately to become &ldquo;minders,&rdquo; <i>i.e.</i> mule-spinners in charge of
+mules. The division of the total wage paid on a pair of mules
+between the minder and the piecers is largely the result of the
+policy of the spinners&rsquo; trade union. Almost without exception in
+Lancashire one minder takes charge of a pair of mules with two or
+three assistants according to the amount of work to be done. Among
+the weavers there is no rule as to the number of assistants to full
+weavers (who are both male and female), or as to the number of
+looms managed by a weaver, but the proportion of assistants is
+much less than in the spinning branches, perhaps because of the
+inferior strength of the weavers&rsquo; unions. For the calculation of wages
+piece-rate lists are universally employed as regards the payment of
+full weavers and spinners; some piecers get a definite share of the
+total wage thus assigned to a pair of mules, while others are paid a
+fixed weekly amount. Many ring-spinners are now paid also by
+piece-rate lists, and all other operatives are almost universally so
+paid, except, as a rule, the hands in the blowing-room and on the
+carding-machines. Spinning and weaving lists are most complicated;
+allowances are made in them for most incidents beyond the operatives&rsquo;
+control, by which the amount of the wage might be affected.
+Still, however, they could not cover all circumstances, and much is
+left to the manner of their application and private arrangement.
+They should be regarded as giving the basis, rather than as actually
+settling, the wage in all cases. The history of lists stretches back
+to the first quarter of the 19th century as regards spinners, and
+to about the middle of the century generally as regards weavers,
+though a weaving list agreed to by eleven masters was drawn up
+as early as 1834. There are still many different district lists in use,
+but the favourite spinning lists are those of Oldham and Bolton,
+and the weaving list most generally employed is that known as the
+&ldquo;Uniform List,&rdquo; which is a compromise between the lists of Blackburn,
+Preston and Burnley. Under the &ldquo;Particulars Clause,&rdquo; first
+included in a Factory Act in 1891 and given extended application in
+1895, the particulars required for the calculation of wages must be
+rendered by the employer. As in spinning there used to be doubts
+about the quantity of work done, the &ldquo;indicator,&rdquo; which measures
+the length of yarn spun, is coming into general use under pressure
+from the operatives. We ought to observe here that the Oldham
+Spinning list differs from all others in that its basis is an agreed
+normal time-wage for different kinds of work on which piece-rates
+are reckoned. But in effect understandings as to the level of normal
+time-wages are the real basis everywhere. If the average wages in a
+particular mill are lower than elsewhere for reasons not connected
+with the quality of labour (<i>e.g.</i> because of antiquated machinery or
+the low quality of the cotton used), the men demand &ldquo;allowances&rdquo;
+to raise their wages to the normal level. Advances and reductions
+are made on the lists, and under the Brooklands Agreement, entered
+into by masters and men in the cotton spinning industry in 1893,
+advances and reductions in future must not exceed 5% or succeed
+one another by a shorter period than twelve months. The changes
+as a rule now are 5% or 2½%. In all branches of the cotton industry
+it is usual for a conference to take place between the interested
+parties before a strike breaks out, on the demand of one or other
+for an advance or reduction.</p>
+
+<p>Organization among the workers in the cotton industry is remarkably
+thorough. Almost all spinners are members of trade unions,
+and though the weavers are not so strongly united,
+the bulk of them are organized. The piecers are admitted
+<span class="sidenote">Trade Unions.</span>
+as members of piecers&rsquo; associations, connected with the
+spinners&rsquo; associations and controlled by them. Attempts to form
+independent piecers&rsquo; unions have failed. Weavers&rsquo; assistants are
+included in the weavers&rsquo; unions, which may be joined in different
+classes, the benefits connected with which vary with the amounts
+paid. One subscription only, however, is imposed by each branch
+spinners&rsquo; association, but in all branches it is not the same, though
+every branch pays the same per member to the amalgamation.
+All the trade unions of the chief workers in the cotton industry are
+federated in the four societies: (1) the Amalgamated Association
+of Operative Cotton Spinners (created in 1853 and reformed in
+1870), (2) the Northern Counties Amalgamated Association of
+Weavers (founded 1884), (3) the Amalgamated Association of Card
+and Blowing-room Operatives (established 1886), and (4) the Amalgamated
+Association of Power-loom Overlookers (founded 1884).
+These were not, however, the first attempts at federation, and the
+term &ldquo;federation&rdquo; must not be taken in any strict sense. The
+distribution of power between the central authority and the local
+Societies varies, but in some cases, for instance among the spinners,
+the local societies approximate as closely to the status of mere
+branches, as to that of independent units federated for limited
+objects. We ought also to mention the societies of warp-dressers and
+warpers, tape-sizers and cloth-workers and warehousemen. There
+is no one federation of all cotton-workers, but the United Textile
+Factory Workers has been periodically called into being to press the
+matter of factory legislation, and international textile congresses
+are occasionally held by the operatives of different countries.</p>
+
+<p>As to employers, four extensive associations include almost all
+the organization among them, two concerned chiefly with spinning
+and two with weaving. The former two are the Federation of
+Master Cotton Spinners&rsquo; Associations with local associations and
+including 21,000,000 spindles, and the Bolton Master Cotton Spinners&rsquo;
+Association with 7,000,000 spindles; the latter two are the North
+and North-East Lancashire Spinners&rsquo; and Manufacturers&rsquo; Association,
+covering about 3,000,000 spindles in addition to a large section
+of the looms of Lancashire, and the United Cotton Manufacturers&rsquo;
+Association.<a name="FnAnchor_43c" id="FnAnchor_43c" href="#Footnote_43c"><span class="sp">43</span></a></p>
+
+<p>Factory legislation began in the cotton industry, and in no industry
+is it now more developed. The first acts were those of 1802
+and 1819, both of which applied only to cotton-mills,
+and the former of which related only to parish apprentices.
+<span class="sidenote">Factory Acts.</span>
+The first really important measure was that of 1833,
+which curtailed the abuse of child-labour, enforced some education
+and provided for factory inspectors, of whom there were at first only
+four. The next act of importance, that of 1844, was chiefly remarkable
+for its inclusion of all women among young persons. The
+proportion of women, young persons and children engaged in the
+cotton industry is so high, that most regulations affecting them,
+<i>e.g.</i> those relating to the hours of labour, must practically be extended
+to all cotton operatives. This act killed night work for &ldquo;young
+persons,&rdquo; and children were not allowed to work at night. The year
+1847 saw the introduction of what was known as the Ten Hours Act&mdash;after
+the 1st of May 1848 the hours of young persons (women
+included) and children were not to exceed ten a day and fifty-eight
+a week. A further limitation of hours to 56½ a week was secured in
+1874, and this was cut down by another hour (the concession of the
+12 o&rsquo;clock Saturday) in 1901. &ldquo;Young persons&rdquo; now includes all
+who are not half-timers and have not attained the age of eighteen,
+and all women. The rules as regards the employment of children,
+which have steadily improved, are at present as follows. No child
+under twelve may be employed. On attaining the age of thirteen the
+child may become a full-timer if he has obtained the prescribed
+educational certificate (<i>i.e.</i> fifth standard attainment or three
+hundred attendances each year for five consecutive years). Failing
+this he must wait till he is fourteen before he can be employed full
+time. Half-timers may be employed either (a) on alternate days,
+which must not be the same days in two successive weeks, or (b)
+in morning and afternoon sets. In the case of arrangement (a),
+the child when at work may be employed during the same period
+as a young person or woman, which in Lancashire is almost universally
+from 6 to 6 with two hours for meals.<a name="FnAnchor_44c" id="FnAnchor_44c" href="#Footnote_44c"><span class="sp">44</span></a> In the case of
+arrangement (b), which is the system generally adopted in Lancashire,
+a half-timer in the morning set works from 6 to 12.30, with
+half an hour for breakfast, and in the afternoon from 1.30 to 6
+except on Saturdays, when the hours are from 6 till 11.30 for a
+manufacturing operative, or till 12 for other work, for instance, cleaning.
+The child must not work two consecutive weeks in the same
+set (that is, in mornings or afternoons), nor on two successive Saturdays,
+nor on Saturday at all if during any other day of the same week
+the period of employment has exceeded 5½ hours (<i>i.e.</i> a child in the
+morning set does not work on the Saturday). Other important
+features of factory legislation relate to the fencing of dangerous
+machinery and its cleaning when in motion (the regulations being
+strictest in the case of children and most lax in the case of male
+adults), and conditions of health, including the amount of steaming
+allowed, which was first regulated by the Cotton Cloth Factories
+Act of 1889.</p>
+</div>
+
+<p class="center pt2"><i>The Cotton Industry outside England.</i></p>
+
+<p>A brief survey will now be made of the cotton industry in parts
+of the globe other than the British Isles, and as a prelude the
+following broad estimates of the numbers of spindles and looms in
+the chief national seats of the cotton industry may be put
+forward.<a name="FnAnchor_45c" id="FnAnchor_45c" href="#Footnote_45c"><span class="sp">45</span></a> The table is further supplemented by other figures<a name="FnAnchor_46c" id="FnAnchor_46c" href="#Footnote_46c"><span class="sp">46</span></a>
+for the number of spindles at different times in the United
+Kingdom, the United States and the continent; and finally
+we may add the figures of cotton consumed.</p>
+
+<p>The different average fineness of counts spun in different
+places must be borne in mind when the consumption of each
+district at the same time is being considered, but the relations
+between the amounts consumed in the contrasted districts in
+the two periods would not be affected much by this difference.</p>
+
+<p><span class="pagenum"><a name="page292" id="page292"></a>292</span></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Estimated<br />Population<br />in 1902.<br />In Millions.</td>
+ <td class="tccm allb">Million<br />Spinning<br />Spindles<br />in 1909.</td> <td class="tccm allb">Thousand<br />Power-<br />Looms<br />about 1906.</td></tr>
+
+<tr> <td class="tcl lb rb">United Kingdom.</td> <td class="tcl rb">&ensp;42</td> <td class="tcr rb">53.5</td> <td class="tcr rb">700</td></tr>
+<tr> <td class="tcl lb rb">United States</td> <td class="tcl rb">&ensp;79</td> <td class="tcr rb">27.8</td> <td class="tcr rb">550</td></tr>
+<tr> <td class="tcl lb rb">Germany</td> <td class="tcl rb">&ensp;58</td> <td class="tcr rb">9.8</td> <td class="tcr rb">215</td></tr>
+<tr> <td class="tcl lb rb">France</td> <td class="tcl rb">&ensp;39</td> <td class="tcr rb">6.8</td> <td class="tcr rb">110</td></tr>
+<tr> <td class="tcl lb rb">Russia</td> <td class="tcl rb">139</td> <td class="tcr rb">7.8</td> <td class="tcr rb">150</td></tr>
+<tr> <td class="tcl lb rb">India</td> <td class="tcl rb">294 (1901)</td> <td class="tcr rb">5.8</td> <td class="tcr rb">45</td></tr>
+<tr> <td class="tcl lb rb">Austria</td> <td class="tcl rb">&ensp;26.7</td> <td class="tcr rb">4.2</td> <td class="tcr rb">80</td></tr>
+<tr> <td class="tcl lb rb">Spain</td> <td class="tcl rb">&ensp;18.6 (1900)</td> <td class="tcr rb">1.9</td> <td class="tcr rb">69</td></tr>
+<tr> <td class="tcl lb rb">Italy</td> <td class="tcl rb">&ensp;33</td> <td class="tcr rb">4.0</td> <td class="tcr rb">100</td></tr>
+<tr> <td class="tcl lb rb">Switzerland</td> <td class="tcl rb">&emsp;3.4</td> <td class="tcr rb">1.5</td> <td class="tcr rb">30</td></tr>
+<tr> <td class="tcl lb rb">Japan</td> <td class="tcl rb">&ensp;46</td> <td class="tcr rb">1.7</td> <td class="tcc rb">· ·</td></tr>
+<tr> <td class="tcl lb rb bb">Belgium</td> <td class="tcc rb bb">· ·</td> <td class="tcr rb bb">1.2</td> <td class="tcc rb bb">· ·</td></tr>
+</table>
+
+<p class="center pt2"><i>Cotton Spindles</i> (<i>including Doubling Spindles</i>) <i>in Millions.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">United<br />Kingdom.</td> <td class="tccm allb"><br />Europe.</td> <td class="tccm allb">United<br />States.</td> <td class="tccm allb">Other<br />Countries.</td> <td class="tccm allb">Total.</td></tr>
+
+<tr><td class="tcc lb rb">1870</td> <td class="tcc rb">37.7</td> <td class="tcc rb">13</td> <td class="tcr rb">7.1</td> <td class="tcc rb">· ·</td> <td class="tcr rb">57.8</td></tr>
+<tr><td class="tcc lb rb">1880</td> <td class="tcc rb">44.5</td> <td class="tcc rb">21</td> <td class="tcr rb">10.6</td> <td class="tcc rb">2&ensp;</td> <td class="tcr rb">78.1</td></tr>
+<tr><td class="tcc lb rb">1890</td> <td class="tcc rb">44.5</td> <td class="tcc rb">26</td> <td class="tcr rb">14.2</td> <td class="tcc rb">4&ensp;</td> <td class="tcr rb">88.7</td></tr>
+<tr><td class="tcc lb rb">1900</td> <td class="tcc rb">46.2</td> <td class="tcc rb">32</td> <td class="tcr rb">19&ensp;</td> <td class="tcc rb">7&ensp;</td> <td class="tcr rb">104.2</td></tr>
+<tr><td class="tcc lb rb bb">1903</td> <td class="tcc rb bb">47.9</td> <td class="tcc rb bb">33</td> <td class="tcr rb bb">22.2</td> <td class="tcc rb bb">7.5</td> <td class="tcr rb bb">110.6</td></tr>
+</table>
+
+<p class="center pt2"><i>Average Annual Consumption of Cotton in the Period 1831-1835.</i></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">Millions of &#8468;.</td></tr>
+<tr><td class="tcl">United Kingdom</td> <td class="tcr">295&emsp;&emsp;</td></tr>
+<tr><td class="tcl">Continent of Europe</td> <td class="tcr">143&emsp;&emsp;</td></tr>
+<tr><td class="tcl">United States</td> <td class="tcr">79&emsp;&emsp;</td></tr>
+</table>
+
+<p class="center pt2"><i>Average Annual Consumption of Cotton in the Period 1900-1905.</i></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">Millions of &#8468;.</td></tr>
+<tr><td class="tcl">United Kingdom</td> <td class="tcr">1634&emsp;&emsp;</td></tr>
+<tr><td class="tcl">Continent of Europe</td> <td class="tcr">2486&emsp;&emsp;</td></tr>
+<tr><td class="tcl">United States</td> <td class="tcr">1995&emsp;&emsp;</td></tr>
+</table>
+
+<p>Roughly the consumption of cotton per spindle in the three
+areas to-day is, in &#8468;, 35 for the United Kingdom, 70 for the
+continent, and 95 for the United States.</p>
+
+<p>Before the cotton industry in other countries is described it will
+be necessary to explain how it could have developed there on a
+large scale at all. Of course this growth is to be accounted for
+very largely by the natural protection of cost of transport aided
+by tariffs. But it would be a mistake for Englishmen to imagine
+that all foreign cotton mills are the product of a forcing culture,
+and that if the favourable conditions created by import duties
+were removed they would totally disappear. No doubt some of
+the growth is artificial, but much is natural and would have taken
+place under universal free trade conditions. Much of it, indeed,
+would have appeared in these circumstances even were cost of
+production a negligible quantity, difficult though it may be at
+first to reconcile this statement with certain ordinary conceptions
+of the operations of the law of increasing returns. Lancashire
+secured an immense lead at the beginning of the 19th century,
+and if the cost of production may be represented as varying
+inversely as the magnitude of the industry, every addition to her
+success increased her advantages. How could the small industry,
+with a high cost of production because it was small, compete with
+Lancashire? The answer is to be found in the peculiar conditions
+governing international trade and a closer analysis of &ldquo;increasing
+returns.&rdquo; &ldquo;Increasing returns&rdquo; in any place are a function of
+two variables, (1) the magnitude of the world market under
+conditions of world commerce, and (2) the magnitude of the
+industry in the spot in question. The economies connected with
+the first variable, which in such an industry as the cotton industry
+are enormous, and govern ultimately the limits of business
+specialism, are shared by every national section of the industry
+whether it be great or small. If Haiti started a cotton factory she
+might import all her specialized machinery&mdash;the specialism
+involved in producing which is dependent upon the exportation
+of some of it&mdash;and restrict narrowly the work undertaken by her
+one factory. The cotton goods outside this range she would still
+import, and if her specialized product were in excess of local
+demand she could export some of it, if she were favourably
+placed in respect of cost of carriage, for cost of production in
+Haiti would not be impossibly high, since machinery and the
+general system of production would be quite up to date though
+labour might be highly inefficient. Of course, the country with a
+large industry enjoys high local economies, and it might be
+thought that these alone would be a menace to the stability of
+the small industry, because if the industry in the favoured
+locality increased these would increase also and the small industry
+would be undersold. The answer to this difficulty is that foreign
+trade depends upon ratios between ratios, that is, upon the
+ratios between the costs of production of all the products of
+each country in relation to similar ratios for other countries.
+Relatively, therefore, diminishing returns operate in every
+country. In every country there must come a time, the utility of
+commodities being taken into account, when a unit of labour and
+capital provides less utility when applied to the creation of cotton
+goods, say, than when applied to producing something else for
+home consumption or for export in exchange for commodities
+wanted at home. It becomes apparent, therefore, that cotton
+industries of widely varying sizes dispersed throughout the
+world can settle into relations of perfectly stable equilibrium, as
+that term is understood by the economist. Slow changes, of
+course, in their relative volumes might be looked for with
+changes in a mutable world, but very sudden collapses would be
+impossible unless the general course of human affairs were
+revolutionized.</p>
+
+<p><i>The United States.</i>&mdash;The machine-cotton industry was carried
+to North America almost as soon as it evolved in England.
+Models of Arkwright&rsquo;s machines were smuggled across the
+Atlantic in 1786&mdash;Arkwright&rsquo;s first mill had not been started in
+England until 1769&mdash;and these with a jenny and stock-card
+were publicly exhibited. From these models a great mass of
+machinery was soon constructed. The first mill was erected in
+1788 (that of the Beverly Association), the second appeared in
+1790, the third five years later, and in 1798 Samuel Slater
+started with some of his wife&rsquo;s relatives the first mill in which the
+principle of the water-frame was carried throughout. It is said
+that it was not until 1814 that power-loom manufacturing was
+commenced, but in England success with the power-loom was
+long delayed. As early as 1831, however, there were in the
+United States&mdash;mainly in the New England states&mdash;800 factories,
+a million and a quarter spindles, 33,500 looms and 62,200
+operatives. At this time the annual consumption of cotton was
+about 77,000,000 &#8468; as compared with some 300,000,000 &#8468; in
+England at the same date, and 2,000,000,000 approximately in
+the United States at the present time.<a name="FnAnchor_47c" id="FnAnchor_47c" href="#Footnote_47c"><span class="sp">47</span></a> Writing in 1840, James
+Montgomery said that, in respect of cost of production, the
+American industry was 19% behind that of England apart from
+the cost of raw material, which was then a good deal less to the
+Americans. In 1878, when there was much interest in the
+question of British efficiency in the cotton industry because the
+passage of the Factory Act of 1874 had cut down the working
+hours, the <i>Economist</i> contrasted the result of twenty-five years&rsquo;
+growth in England and America:&mdash;</p>
+
+<div class="condensed">
+<p>&ldquo;In 1853 the average English production per weaver of 8¼ &#8468;
+shirting was 825 yds. per week of sixty hours. In 1878 the working
+hours had fallen to fifty-seven, and the production had risen to
+975 yds. An increased production of 23% is thus due to improvement
+in the processes of manufacture. In 1865 there were 24,151
+persons employed in Massachusetts in the production of cotton
+goods, and they produced 175,000,000 yds. In 1875 the operatives
+numbered 60,176, and their product was 874,000,000 yds. The
+operatives had increased 150% and their products had increased
+500%. The increase of production due to improved methods was
+thus in England 23%, and in Massachusetts 100%. I do not, of
+course, suppose that the American manufacturer is in advance of
+his English rival to the extent of this difference, for I presume
+that he started upon the career of improvement from a lower platform.
+But a progress so greatly more rapid than ours will be admitted
+to cast much light on the change which has occurred in our
+relative positions.&rdquo;</p>
+</div>
+
+<p>The contrast no doubt was not perfect, as indeed it could not be
+<span class="pagenum"><a name="page293" id="page293"></a>293</span>
+in view of the varieties of product and their changes, but it proves
+at any rate that Americans were making vast strides in industrial
+efficiency even before the period when American methods and
+American enterprise were monopolizing in a wonderful degree the
+attention of the business world.<a name="FnAnchor_48c" id="FnAnchor_48c" href="#Footnote_48c"><span class="sp">48</span></a> About a dozen years later the
+low real cost of production of simple fabrics in the United States
+was universally admitted, and also that American manufacturers
+were making more use of machinery than their European rivals.
+In a typical weaving shed in Massachusetts, for instance, of
+which particulars were published, twenty women &ldquo;tended&rdquo; as
+many as eight looms apiece, forty-three managed seven, two
+hundred and thirty-two managed six, and only eleven had five
+only.<a name="FnAnchor_49c" id="FnAnchor_49c" href="#Footnote_49c"><span class="sp">49</span></a> Since then, moreover, advance has been rapid, and the
+sudden development of the South has astonished the business
+community of other centres of the cotton industry.</p>
+
+<p>Before the lines of development in America are specifically
+dealt with, and particularly the industrial phenomena in the
+South, a few words must be said of the general extension of the
+industry. The consumption of cotton in the United States in
+million &#8468; was about 75 in 1830, 390 in 1860, 1100 in 1890 and
+nearly 2000 on an average of the five crop years from 1900-1901 to
+1904-1905: active spindles advanced from 1,250,000 in 1830 to
+10,653,000 in 1880 and about 21,250,000 in 1905. Looms which
+numbered 33,500 in 1830 had reached 226,000 in 1880 and nearly
+550,000 in 1905. At the same time population, it must be
+remembered, was growing at a phenomenal rate: from 31.4
+millions in 1860 it had passed to 38.6, 50.2, 62.6 and 76.3 at the
+succeeding decennial censuses, the decennial rates of increase
+being in order 22.5, 30, 25 and 20.5 as compared with 8.5, 10.5,
+8 and 9 as shown by the corresponding censuses in the United
+Kingdom. Protection was of course contributory to the growth
+of the American cotton industry. It may be remarked incidentally
+that the New World, including the West Indies and the
+Chinese empire, take the bulk of American exports, which for so
+large an industry are inconsiderable. The imports have always
+been well in excess of the exports. The encouragement of home
+industries by tariffs was definitely aimed at after the war with
+England during the Napoleonic struggles, and although a
+sensible reduction of duties was experienced after 1845 the
+reaction to protection that followed the Civil War was never
+significantly departed from except by the single act of 1883.
+In 1790 the duties on cotton goods were 7½% <i>ad valorem</i>, and
+they rose gradually until they reached 25% in 1816. Slight
+reductions some seventeen years later were followed in the early
+&rsquo;forties by a tariff of 30%. Diminutions were succeeded by
+oscillations, though at no point was a low level touched. Severe
+charges were imposed in 1890, and after some relaxation in 1894
+the policy of restrictiveness was restored in 1897. According to
+the calculations made by the English Board of Trade in 1903<a name="FnAnchor_50c" id="FnAnchor_50c" href="#Footnote_50c"><span class="sp">50</span></a>
+no fabrics were admitted at a charge equivalent to less than 68%
+<i>ad valorem</i>, and no yarns were admitted at a charge lower than
+45% <i>ad valorem</i>. Cotton thread is subjected to a rate equivalent
+to 375%<a name="FnAnchor_51c" id="FnAnchor_51c" href="#Footnote_51c"><span class="sp">51</span></a></p>
+
+<p>The character of the growth of the cotton industry in the
+United States, as revealed by recent census returns, is peculiarly
+interesting:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb" rowspan="2">&nbsp;</td> <td class="tccm allb" colspan="4">Thousands</td> <td class="tccm allb" colspan="3">Percentage Increase</td></tr>
+<tr><td class="tccm allb">1880.</td> <td class="tccm allb">1890.</td> <td class="tccm allb">1900.</td> <td class="tccm allb">1905.</td> <td class="tccm allb">1880-1890</td> <td class="tccm allb">1890-1900</td> <td class="tccm allb">1900-1905</td></tr>
+
+<tr><td class="tcl lb rb">Active Spindles</td> <td class="tcr rb">10,653</td> <td class="tcr rb">14,188</td> <td class="tcr rb">19,008</td> <td class="tcr rb">23,156</td> <td class="tcc rb">33.8&ensp;</td> <td class="tcc rb">34&ensp;</td> <td class="tcc rb">21.8</td></tr>
+<tr><td class="tcl lb rb">Looms</td> <td class="tcr rb">226</td> <td class="tcr rb">325</td> <td class="tcr rb">451</td> <td class="tcr rb">541</td> <td class="tcc rb">43.90</td> <td class="tcc rb">38.7</td> <td class="tcc rb">20&ensp;</td></tr>
+<tr><td class="tcl lb rb">&#8468; cotton consumed</td> <td class="tcr rb">750,344</td> <td class="tcr rb">1,117,946</td> <td class="tcr rb">1,814,003</td> <td class="tcr rb">1,875,075</td> <td class="tcc rb">48.99</td> <td class="tcc rb">62.3</td> <td class="tcc rb">&ensp;3.3</td></tr>
+<tr><td class="tcl lb rb">Wages</td> <td class="tcr rb">$42,041</td> <td class="tcr rb">$66,025</td> <td class="tcr rb">$85,126</td> <td class="tcr rb">$94,378</td> <td class="tcc rb">57&emsp;</td> <td class="tcc rb">28.9</td> <td class="tcc rb">10.9</td></tr>
+<tr><td class="tcl lb rb">Capital</td> <td class="tcr rb">$208,280</td> <td class="tcr rb">$354,021</td> <td class="tcr rb">$460,843</td> <td class="tcr rb">$605,100</td> <td class="tcc rb">70&emsp;</td> <td class="tcc rb">30.2</td> <td class="tcc rb">31.3</td></tr>
+<tr><td class="tcl lb rb bb">Employees not officers and clerks</td> <td class="tcr rb bb">174.7</td> <td class="tcr rb bb">218.9</td> <td class="tcr rb bb">297.9</td> <td class="tcr rb bb">310.5</td> <td class="tcc rb bb">25.3&ensp;</td> <td class="tcc rb bb">36.1</td> <td class="tcc rb bb">&ensp;4.2</td></tr>
+</table>
+
+<p>Cotton small wares are included in the totals for 1880 and
+1890, but excluded from those for 1900 and 1905. We must
+observe further that &ldquo;capital&rdquo; is a vague term. Recent events
+in the United States afford a valuable empirical indication of the
+effect that improved machinery actually has upon wages. The
+new automatic looms caused a saving of labour per unit of product
+which recalled the complete subversion at the industrial revolution
+of the proportions in which the several factors in production
+were organized. Displacement of labour and falling wages might
+not unreasonably have been looked for temporarily, but wages
+stuck at their old level or rose. The rise was caused by numerous
+converging forces which brought their united weight to bear.
+First, prices so fell as the result of the new machinery that the increased
+volume of commodities which the market could absorb
+more than counterbalanced, it would seem, the labour-saving of
+the new machinery, the cotton industry being taken as a whole.
+It must be remembered that to increase the output from the
+subsidiary processes where labour had not been saved more
+hands had to be drafted in. Thus, a contraction of the body of
+weavers was accompanied by an expansion of the body of cotton
+operatives. Again weavers&rsquo; wages were naturally raised in a
+special degree because automatic machinery called for quick,
+trustworthy and intelligent hands, endowed with versatility,
+especially in the days when the machinery was still in the semi-experimental
+stage. The American employer tries to save in labour
+but not to save in wages, if a generalization may be ventured.
+The good workman gets high pay, but he is kept at tasks requiring
+his powers and is not suffered to waste his time doing the work of
+unskilled and boy labour. There is, certainly, in the American
+labour problem no serious grievance on the question of wages.
+If there is any abuse it consists in excessively fierce work.
+Mr. T. M. Young, who visited the American cotton districts in
+1904 with an informal commission of Lancashire spinners and
+manufacturers, did not think that the cause of the high wages&mdash;allowance
+being made for the purchasing power of money, they
+are above those of England, though cotton operatives in England
+are well paid relatively&mdash;was the superiority of the American
+cotton worker; neither did the representatives of the English
+cotton operatives who accompanied the Moseley Commission.
+As often as not &ldquo;the cotton operative in the United States
+is a French Canadian, a German, an Italian, a Hungarian, an
+Albanian, a Portuguese, a Russian, a Greek, or an Armenian.&rdquo;
+It is the extensive &ldquo;exploitation&rdquo; of machinery seemingly,
+together with the speed of work, which keep wages high, combined
+with the horizontal and vertical mobility of American
+labour, which prevents it from accumulating in pools, and causes
+streams of the best hands to be flowing continuously to other
+callings and places, and no insignificant proportion to climb the
+social ladder. The remainder naturally profit, for a local or trade
+congestion of labour is avoided, and the voluminous recruiting
+of enterprise by the intensified competition among employers
+keeps the demand for labour high.</p>
+
+<p>One noticeable point in the table quoted above is that until
+recently cotton consumed increased much faster than the
+number of spindles. This might be explained in a variety of ways.
+Average counts remaining constant, the average speed of the
+spindle might have risen; or the latter remaining constant,
+counts might have been getting finer. Speeds have certainly
+gone up a good deal of late on some counts. And it is
+quite likely, too, that concentration on the manufacture of
+coarse goods for export, with stout warps to keep down the
+<span class="pagenum"><a name="page294" id="page294"></a>294</span>
+breakages and raise the output per loom, may be reckoned as
+one cause.</p>
+
+<p>Despite the recent sensational growth in the South, the New
+England States still remain the most prominent seat of the
+American cotton industry. They contained in 1905 about 14
+million spindles as compared with 7.7 millions in the South and
+West, and their relative possession of looms approaches, though
+it does not quite reach, the same proportion. The leading States
+in the South in order of importance are South Carolina, North
+Carolina, Georgia and Alabama, and in the North, first Massachusetts
+with an enormous lead, then, in order, Rhode Island,
+New Hampshire, Connecticut, Maine, New York, Pennsylvania,
+New Jersey. The bulk of the cotton industry in the North is
+contained within a small area. A circle around Providence,
+Rhode Island, of 30 m. radius includes, according to the
+twelfth census, nearly 7¼ million spindles,&mdash;there were only
+58,500 spindles in this area in 1809. Of the chief towns Fall
+River stood first in 1900 in value output, and was followed in
+order by Philadelphia, New Bedford, Lowell, Manchester and
+Pawtucket. The climate of Fall River is very similar to that
+of English spinning districts. Its population in 1900 was 105,000,
+and of these only 14,600 were of American parentage. Of the
+remainder, 16,700 were English, 17,800 Irish, 29,600 French
+Canadians and about 5000 Portuguese. Among the rest of foreign
+parentage, Armenians, Russians and Italians are numerous.
+But Massachusetts is famous for the number of immigrants it
+attracts. It is almost incredible, but nevertheless a fact according
+to a recent statistical report, that in 1903 as many as 91% of
+the cotton operatives of the State were of foreign descent&mdash;chiefly
+French Canadian and Irish. In 1902 there were nearly
+90 mills at Fall River with 3,000,000 spindles and 16,000 looms.
+The spindles amount to about one-third of all in Massachusetts,
+but Fall River&rsquo;s share of the looms of the State is not large.
+The spindles exceed in number those possessed by any State
+except of course the one in which it is placed. In comparison
+with a great spinning town in England, nevertheless, Fall River
+does not appeal strongly to the English imagination. It has
+little over a quarter of the spindles of Oldham, or three-fifths of
+those of Bolton,&mdash;among English towns it would stand third,
+<i>i.e.</i> between Bolton and Manchester and Salford, which, in spite
+of the movement of spinning to the hills, still holds in England a
+leading place. The whole of Massachusetts, it is of interest to
+observe, has fewer spindles than Oldham, and only about half
+those of Oldham and Bolton together. Originally it was the
+river which attracted the mills to Fall River, and as the water-power
+available was almost inexhaustible, it was possible for the
+mills to congregate together and for a town to grow up. In
+England, when much of the industry was dependent for power
+upon water, decentralization was entailed, for the thin streams
+of Lancashire could not support more than two or three mills at
+most in proximity. Hence in England, after Watt&rsquo;s steam-engine
+had succeeded, the economies of centralization led
+eventually to the desertion of the mills on the water-courses.
+But at Fall River the perfecting of the application of steam-power
+merely involved its use to supplement the water-power
+on the old site. The presence of water-power explains half the
+success of New England. In the six States 35% of all the power
+used is derived from water, and in the cotton-manufacturing of
+these States water provides 32.6% of the power. For industrial
+purposes generally the river most exploited is the Merrimac,
+upon which stand the leading cotton towns of Lowell, Lawrence
+and Manchester. Hitherto little has been done in the way of
+using water to generate electric power.<a name="FnAnchor_52c" id="FnAnchor_52c" href="#Footnote_52c"><span class="sp">52</span></a></p>
+
+<p>The two most striking features of the American industry
+to-day are the introduction of the automatic looms, already
+briefly referred to, and the development of the South. The
+Northrop Loom Company has spent a fortune in pushing its
+loom on to the market. It has not hesitated to share risks, and
+it has run one &ldquo;advertisement&rdquo; mill at least, namely that at
+Burlington, Vermont, with 55,000 spindles and nearly 1300
+looms. In this mill the labour-saving is shown by the following
+figures, the looms being of two sizes, 32 in. and 44 in. Of the
+former, 3 weavers run 18 each, 39 tend 16 each, only a few odd
+weavers tend less than 16, and learners even are at work on 8 to 11
+each; on the latter, of 29 weavers 17 mind 16 looms each and 12
+mind 12 (on stripped fabrics).<a name="FnAnchor_53c" id="FnAnchor_53c" href="#Footnote_53c"><span class="sp">53</span></a> Of course a high level of efficiency
+would be expected in this show mill. That American employers
+have readily been converted to a belief in the economy of the
+new machinery we are not astonished to learn in view of the
+American temperament, the intensity of competition among
+business leaders, and the prevailing spirit of adventure.
+Thousands of workable old looms have been scrapped, and probably
+at the present time there are 100,000 automatic looms
+running in the United States. No other country can point
+to a rate of substitution which approaches that in the United
+States. The causes, apart from the temperamental and social to
+which reference has already been made, are probably (1) that
+there is disagreement as to the present economy of automatic
+looms on many fabrics,<a name="FnAnchor_54c" id="FnAnchor_54c" href="#Footnote_54c"><span class="sp">54</span></a> (2) that Americans aim at frequency of
+renewal of plant, and avoid making their machinery so durable
+as to prove ultimately, perhaps, a handicapping inheritance, and
+(3) that a greater bulk of American work is appropriate for the
+new looms than of English or continental work. But automatic
+machinery is being used increasingly in Lancashire.<a name="FnAnchor_55c" id="FnAnchor_55c" href="#Footnote_55c"><span class="sp">55</span></a> And the
+operatives ultimately benefit. It is the half-developed machine,
+to which labour must actually be linked as an essential part,
+which is responsible for monotonous work and creates the dislike
+of mechanical aids.</p>
+
+<p>Now we turn to the recent development of the Southern
+States. Never has an industry grown faster than that of the two
+Carolinas, Georgia and Alabama. Some of the earliest experiments
+with the machine industry were conducted in South
+Carolina, but from that time till the end of the 19th century
+nobody imagined the possibility of a great Southern expansion.
+In 1880 the South contained less than half a million spindles&mdash;<i>i.e.</i>
+about as many as Hyde, Middleton or Chorley, and one-twenty-third
+of the numbers in Oldham. Twenty years later
+they had increased twelvefold and the Southern States, in
+respect of the number of spindles, had taken precedence of
+Bolton. To-day probably about eight and a half millions might
+be counted. In addition there are some two hundred thousand
+looms, or nearly as many as in the three leading cotton-weaving
+towns of England&mdash;Burnley, Blackburn and Preston. The rapid
+oncoming of the South may also be traced by its consumption of
+cotton&mdash;which as an index, however, is not perfect. This on an
+annual average was, in thousand bales, 164, 269, 453, 717 and
+1233 in each of the periods 1876-1880, 1881-1885, 1886-1889,
+1891-1895 and 1895-1900 successively. The consumption since
+then, as compared with that of the Northern States, Great Britain
+and the European continent, has been as follows. It must be
+remembered that the consumption per spindle varies greatly
+from place to place.</p>
+
+<p class="center pt2"><i>Consumption of Cotton in Thousand Bales of about 500 &#8468; each.</i></p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Southern<br />States.</td> <td class="tccm allb">Northern<br />States.</td> <td class="tccm allb">Total<br />United <br />States.</td> <td class="tccm allb">Great<br />Britain.</td> <td class="tccm allb">Europe.</td></tr>
+
+<tr><td class="tcc rb lb">1900-1901</td> <td class="tcc rb">1583</td> <td class="tcc rb">1963</td> <td class="tcc rb">3546</td> <td class="tcc rb">3269</td> <td class="tcc rb">4576</td></tr>
+<tr><td class="tcc rb lb">1901-1902</td> <td class="tcc rb">2017</td> <td class="tcc rb">2066</td> <td class="tcc rb">4083</td> <td class="tcc rb">3253</td> <td class="tcc rb">4836</td></tr>
+<tr><td class="tcc rb lb">1902-1903</td> <td class="tcc rb">1958</td> <td class="tcc rb">1866</td> <td class="tcc rb">3824</td> <td class="tcc rb">3185</td> <td class="tcc rb">5148</td></tr>
+<tr><td class="tcc rb lb">1903-1904</td> <td class="tcc rb">1889</td> <td class="tcc rb">2046</td> <td class="tcc rb">3935</td> <td class="tcc rb">3017</td> <td class="tcc rb">5148</td></tr>
+<tr><td class="tcc rb lb bb">1904-1905</td> <td class="tcc rb bb">2270</td> <td class="tcc rb bb">2292</td> <td class="tcc rb bb">4562</td> <td class="tcc rb bb">3620</td> <td class="tcc rb bb">5148</td></tr>
+</table>
+
+<p>The densest distribution of mills in the South is along the line of
+the Southern railroad, in the district known as the Piedmont.
+Of this group Charlotte in North Carolina is the natural centre:
+roughly, half the spindles and half the looms in the Southern
+States would be included within a circle around Charlotte of a
+<span class="pagenum"><a name="page295" id="page295"></a>295</span>
+radius of about 100 m. Of the remainder a large proportion is
+scattered over a wide area.</p>
+
+<p>Much interest has been excited by this newly created Lancashire
+of a new type, and much speculation as to the causes that
+account for it has been elicited. An informal commission of
+Lancashire spinners and manufacturers crossed the Atlantic to
+make inquiries in 1902 and investigations have been undertaken
+by other persons<a name="FnAnchor_56c" id="FnAnchor_56c" href="#Footnote_56c"><span class="sp">56</span></a>, and much has been written on the subject.
+A general explanation can now be framed without much difficulty,
+as in all probability most of the relevant facts have been brought
+to light. First and foremost the general development of the
+cotton industry in the United States must be emphasized. The
+industry was unquestionably foredoomed to expansion at this
+time, and the only question was where the expansion should take
+place. It was plain that the growth might be so great as to present
+the appearance of a new industry created with new labour
+rather than an extension of an old industry. It was not
+altogether surprising, therefore, that the exploitation of a new
+field of labour was thought of. The labour market of the North
+was comparatively exhausted; in less developed parts of the
+country larger supplies of intrinsically good labour might be
+looked for at lower wages. Skill was not a matter of much
+moment, because in the North it would have been necessary to
+incorporate much labour without previous experience in the
+industry, the work was intended to be of the rough kind upon
+which manual skill is least important, and it was intended to repose
+reliance for economy upon machinery in the main. The choice
+of new fields meant at the outset the sacrifice of some of the
+economies of localization, but so large an expansion was looked
+for that projectors did not despair of creating fresh industrial
+localization of sufficient magnitude to produce such economies as
+are derived from it, which, it must be observed, are inconsiderable
+in America, and have declined relatively with falling cost of transport
+and the adoption, as regards machinery, of the principle of
+interchangeable parts. And at any rate a new local industry would
+have a slight advantage in supplying markets in proximity to it.</p>
+
+<p>These were the main general considerations, and the scale was
+turned in favour of the new locality (a) by the advantage of
+nearer supplies of cotton, and (b) by the known presence of much
+half-occupied white labour in the vicinity of otherwise suitable
+sites close to the cotton-fields. It must be borne in mind that the
+whole calculation had not to be reared merely upon an intangible
+theoretical basis. Cotton mills already existed in the South, and
+comparisons of costs of production, as things were then, afforded
+some groundwork for judgment.</p>
+
+<p>As regards the first of the two special advantages mentioned
+above, the saving in the cost of carriage of the raw material is not
+commonly held to be high. Transport to the cotton ports is so
+well organized and sea-carriage is so cheap that Lancashire&rsquo;s
+distance from the source of her raw material is not a very appreciable
+handicap. A good deal of the cotton that must be used in
+some of the Southern mills cannot be supplied locally because it is
+not grown in the neighbourhood, and the requirements of these
+mills are met by transport arrangements which at present cost
+a sum not altogether out of relation to similar costs in the New
+England States and Lancashire. The percentages of freight
+charges on raw material in 1900 were $2.18 in Georgia, $1.59 in
+North Carolina, $1.17 in South Carolina, and the amazingly low
+figure of $1.20 in Massachusetts, but of course some part of the
+explanation is the somewhat higher quality of cotton on an
+average that is worked up in Massachusetts. For some years,
+however, the saving in labour has been a most important economy.
+Large supplies of half-occupied white labour existed in the
+Southern States among the families of small farmers who flocked
+South after the Civil War, and in the districts of the decayed
+hand industry in the mountains of Kentucky and North Carolina.
+For small money wages much of this labour could be attracted to
+the mills. Negroes do not work in the mills; the reason is said to
+be partly their own disinclination and partly that they are not very
+efficient at factory work. As outside labourers, however, they
+have afforded important aid at a very trifling cost, but the expense
+of outside labour to a mill is never an item of much weight.
+The halcyon days to employers, when keen workers could be had
+for low wages, are now said to be past. The demand for labour
+was considerable, and as time went on additional supplies could
+be enticed only with the offer of better pay. In 1904 it was
+reported that some mills were unable to get fully to work for
+want of hands even at the improved rates. Again the Southern
+operatives have been visited by emissaries from the operatives
+of the New England States, which explains partly the present
+aspect of the wages question. Mr Pidgin, in his official report to
+the Massachusetts Bureau of Labour Statistics, questions whether
+a saving in wages can be expected to continue, and points out
+that though wages have been low the average efficiency of the
+operatives has not been high. Some, indeed, were sent to gain
+experience in Northern mills in the hopes that on their return
+they would spread the tradition of working at high pressure.
+Mr Pidgin is at some pains to measure labour efficiency in the
+South and North as far as it is possible to do so, but no simple
+sets of figures will prove very much. The value of the product
+per operative in 1900 was $1200 in Massachusetts, $1010 in
+Georgia, $937 in North Carolina and $984 in South Carolina, but
+the value of the product per operative depends as much upon the
+fixed capital charge per operative as upon the latter&rsquo;s efficiency.
+And the amount of machinery used per head is higher in the
+South than in the North. The percentage of operatives to
+machinery in Massachusetts being expressed as 100, that of
+Georgia was 53, that of North Carolina 43 and that of South
+Carolina 55 in 1900. These figures must be borne in mind when
+the average numbers employed in a mill in different States are
+being considered: in 1900 the averages were 565 for Massachusetts,
+273 for Georgia, 171 for North Carolina and 378 for
+South Carolina. Measured by quantity of machinery the sizes of
+mills would stand in quite different relations. Hours of work in
+the South are bound to fall and the abuse of child labour, which
+had unquestionably crept in, may be expected to discontinue
+entirely. The factory conditions of children are better now than
+they were, but in some places they are still very bad. In
+Georgia no children under twelve are employed, but infants
+without fathers may begin work at ten years of age, and according
+to Mr Pidgin&rsquo;s report, &ldquo;it certainly seemed as though the
+intention was honoured more in the breach than in the observance,
+or that there must be many widows in the neighbourhood
+of the cotton mills.&rdquo; In North and South Carolina the employment
+of children under twelve is illegal, but in these States also
+conditions are recognized under which it is possible to employ
+them earlier. According to figures relating to 1900 the dependence
+on child labour in the Southern States is very striking. The
+proportions engaged at different ages in the three chief cotton-manufacturing
+Southern States and Massachusetts are as follows:</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Men,<br />16 Years<br />and over.</td> <td class="tccm allb">Women,<br />16 Years<br />and over.</td> <td class="tccm allb">Children<br />under 16.</td></tr>
+
+<tr><td class="tcl lb rb">Massachusetts</td> <td class="tcc rb">48.98</td> <td class="tcc rb">44.59</td> <td class="tcc rb">&ensp;6.43</td></tr>
+<tr><td class="tcl lb rb">Georgia</td> <td class="tcc rb">39.98</td> <td class="tcc rb">35.52</td> <td class="tcc rb">24.50</td></tr>
+<tr><td class="tcl lb rb">North Carolina</td> <td class="tcc rb">42.22</td> <td class="tcc rb">34.23</td> <td class="tcc rb">23.55</td></tr>
+<tr><td class="tcl lb rb bb">South Carolina</td> <td class="tcc rb bb">44.43</td> <td class="tcc rb bb">28.72</td> <td class="tcc rb bb">26.85</td></tr>
+</table>
+
+<p>It might be said that children are more useful when the work is
+rough, but this argument can hardly be regarded as accounting
+altogether for the great discrepancy as between Massachusetts
+and the South. The work is much rougher in the South: in 1900
+the counts spun respectively in Massachusetts, Georgia, North
+Carolina and South Carolina were 25.10, 14.37, 18.83, and 19.04,
+and on the showing of the American census of 1900 spinning was
+getting finer over the last decade of the 19th century.</p>
+
+<p>As contributory to the influences already recorded as accounting
+for Southern success it has been hinted that in the North
+employers have been less ready to welcome the new machinery,
+though in comparison with European rivals they would seem at
+<span class="pagenum"><a name="page296" id="page296"></a>296</span>
+first to have acted rashly. However this may be, the South
+enjoyed the important advantage that its industry began just after
+a great technical advance had been made. When Northern mill-owners
+were anxiously deliberating about the destruction of good
+machinery merely because it was antiquated in design, the
+fortunate Southern mill-proprietor was getting to work with
+appliances up to date in every particular. It will be easier to
+balance comparative advantages as between North and South
+when undertakers in the newer district are confronted by
+problems concerning replacements and alterations. The
+rapidity of Southern growth need not astonish those who have
+watched the operations by which new mills are frequently set up
+in Lancashire and remember that the American business man is
+more daring than his British cousin. Company promotion in the
+great financial centres, payment for machinery and other plant
+in shares, or partially in shares, a general diffusion of risks and
+pledging of credit, would explain even more rapid growth of
+industries of even greater magnitude.</p>
+
+<p>Broad generalizations are difficult to frame, hard to establish
+and liable to be misleading; some generalizations relating
+to the features of the American cotton industry taken
+as a whole the author is tempted to venture nevertheless.
+<span class="sidenote">Character of the American Industry.</span>
+The characteristics of labour have already
+been incidentally commented upon. We have also
+noticed that the bulk of the work done is of a rough and
+simple character. In spite of American nationalism and
+the prevalence of protective sentiments it is said that there
+is still a prejudice in the United States against home-made
+fine cotton goods.<a name="FnAnchor_57c" id="FnAnchor_57c" href="#Footnote_57c"><span class="sp">57</span></a> &ldquo;The product of the American system is a
+cloth which is, on the whole, distinctly inferior in appearance,
+&rsquo;feel&rsquo; and finish to that produced by the Lancashire system.
+To equal a Lancashire cloth in these respects an American cloth
+must not only be made of better cotton, but must contain more of
+it&mdash;perhaps 5% more. To this rule of inferiority there are, it is
+needless to say, exceptions, notably some of the American drills
+made for the China market. But the American home market,
+which absorbs nearly the whole of the product of American
+looms, is less exacting in these matters than the markets in which
+Lancashire cloths are sold.&rdquo;<a name="FnAnchor_58c" id="FnAnchor_58c" href="#Footnote_58c"><span class="sp">58</span></a> It follows that the average counts
+spun in the United States are lower than in England, though they
+have been rising somewhat. Another feature of American
+spinning as compared with English is the high proportion of
+ring-frames to mules. In New England between 1890 and 1900
+mule-spindles advanced by 100,000 and ring-spindles by nearly
+2,000,000: in the South mule-spindles increased only from
+108,500 to 180,500, while to the ring-frames 2,700,000 were
+added. To the general rule Rhode Island is the sole exception;
+here mule-spindles have increased and ring-spindles decreased;
+but in Rhode Island much of the fine spinning&mdash;for instance that
+for hosiery&mdash;is congregated.<a name="FnAnchor_59c" id="FnAnchor_59c" href="#Footnote_59c"><span class="sp">59</span></a> One explanation of the preponderance
+of ring-spinning is to be found in the character of American
+fabrics. Again most of the operatives are not of a kind likely to
+acquire great excellence at mule-spinning. To the Americans
+we largely owe the ring-frame, because their encouragement
+helped it through the difficult period when its defects were
+serious, though it appears to have been discovered independently
+in both countries.</p>
+
+<p>American organization display intense specialism, but of a
+type different from that in England, where businesses are
+specialized by processes; in America they are specialized by
+products but hardly at all by processes. Independent spinning,
+independent manufacturing, independent bleaching, dyeing and
+finishing are the significant features of English industry to the
+bird&rsquo;s-eye view; in the United States the typical firm will spin,
+make up its own yarn, and perhaps complete its fabrics for the
+market; but the mills, it must be remembered, are intensely
+specialized as to the range of their product, so that the statement
+that American mills are less specialized than English mills must
+be received with caution. For some reasons we should expect to
+find the American method applied even in England for fabrics of
+the highest qualities, because in their case the adaptation of the
+yarn to the fabric, and finishing to the fabric, are of great
+importance, and actually where the American plan is followed in
+England the explanation is frequently the speciality of the
+product which is associated with the particular firm producing it.
+When a firm manufactures a speciality of this kind it cannot
+always trust bought yarn, or the finishing applied to fabrics in the
+ton. But for other reasons specialized processes might be looked
+for where qualities were highest, as by specialism alone can the
+greatest excellence be attained. The final selection of method
+depends upon the relative importance for high qualities in the
+finished product of the connectedness of processes and the
+perfection of parts; and to these considerations must be added
+cost of transport between the works devoted to distinct processes,
+and the development of the commercial functions by which
+specialized process businesses are kept functioning as a whole.
+Probably it is the high development of British industry on the
+commercial side which chiefly explains the arrangements found
+in England. Attention should also be directed to the huge
+magnitude of American businesses. This is partly a consequence
+of American ambition in business, and partly a consequence of
+the undeveloped commercial ligaments by which producing
+businesses are brought into union. American producers in both
+North and South are too widely scattered for one town, like
+Manchester in the English cotton district, to be visited frequently
+by them for the purpose of making purchases and effecting sales.
+Even if the Americans did possess a convenient commercial
+centre, the high cost of transport between works distributed over
+a very wide area would prevent much specialism of businesses by
+processes from appearing. Writing capital letters for industrial
+processes and small letters and Greek letters for commercial
+functions, the possible arrangements in the cotton industry may
+be represented broadly as follows, brackets indicating the scope of
+businesses:<a name="FnAnchor_60c" id="FnAnchor_60c" href="#Footnote_60c"><span class="sp">60</span></a></p>
+
+<table class="nobctr" summary="Contents">
+<tr><td class="tcr">I.</td> <td class="tcl">(a,A,B,C,d)</td></tr>
+<tr><td class="tcr">II.</td> <td class="tcl">(a)(A,B,C)(d).</td></tr>
+<tr><td class="tcr">III.</td> <td class="tcl">(aA&alpha;)(bB&beta;)(cC&gamma;).</td></tr>
+<tr><td class="tcr">IV.</td> <td class="tcl">(a)(A)(&alpha;,b)(B)(&beta;,c)(C)(&gamma;).</td></tr>
+</table>
+
+<p>The American industry approximates to the first type, while
+the English approximates rather to the last. Differences in
+respect of specialism by range of product are not shown in the
+formulae.</p>
+
+<div class="condensed">
+<p><i>Other Parts of America.</i>&mdash;Little need be said of the cotton industry
+in other parts of the New World. In Canada in 1909 there were,
+approximately, 855,000 Spindles, and in Mexico in 1906, where the first
+factory was established in 1834, 450,000 Spindles. In Brazil also
+there is an appreciable number of spindles, distributed (in 1895)
+among 134 factories, which are located chiefly in Rio de Janeiro
+and Minas Geraes, and are run for the most part by turbines and
+water-wheels.</p>
+
+<p><i>Germany.</i>&mdash;In Germany the cotton industry is by no means so
+intensely localized as in England, but three large districts may be
+distinguished:&mdash;</p>
+
+<p>1. The north-west district, which consists of the Rhine Province
+and Westphalia and contained 1¾ million spindles in 1901.</p>
+
+<p>2. The country north of the mountain ranges of northern Bohemia
+comprises the middle district, which contained 2½ million spindles in
+1901. In Saxony the industry has been carried on for four centuries.</p>
+
+<p>3. Alsace, Baden, Württemberg and Bavarian Swabia make
+up the south-west district, to which some 3½ million spindles were
+assigned. It is in close proximity to the cotton districts of east
+France, Switzerland and Vorarlberg.</p>
+
+<p>According to Oppel (1902) the German spinning industry is chiefly
+localized in&mdash;</p>
+
+<table class="reg" summary="poem"><tr><td> <div class="poemr">
+<p>Prussia with 2020 thousand spindles</p>
+<p>Saxony with 1870 thousand spindles</p>
+<p>Alsace with 1600 thousand spindles</p>
+<p>Bavaria with 1390 thousand spindles</p>
+</div> </td></tr></table>
+
+<p>The spindles of Württemberg, which stands next, do not much
+exceed half a million. Only sixteen places in Germany (shown in
+tabular form on p. 169) contained as many as 100,000 spindles in 1901.</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Spindles in<br />Thousands.</td> <td class="tccm allb">&nbsp;</td> <td class="tccm allb">Spindles in<br />Thousands.</td></tr>
+
+<tr><td class="tcl lb rb">Mülhausen</td> <td class="tcc rb">471</td> <td class="tcl rb">Chemnitz</td> <td class="tcc rb">195</td></tr>
+<tr><td class="tcl lb rb">Augsburg</td> <td class="tcc rb">373</td> <td class="tcl rb">Gebweiler</td> <td class="tcc rb">187</td></tr>
+<tr><td class="tcl lb rb">Gronau</td> <td class="tcc rb">274</td> <td class="tcl rb">Leipzig</td> <td class="tcc rb">182</td></tr>
+<tr><td class="tcl lb rb">Werdau</td> <td class="tcc rb">249</td> <td class="tcl rb">Crimmitzschau</td> <td class="tcc rb">168</td></tr>
+<tr><td class="tcl lb rb">Rheydt</td> <td class="tcc rb">248</td> <td class="tcl rb">Logelbach</td> <td class="tcc rb">141</td></tr>
+<tr><td class="tcl lb rb">München-Gladbach</td> <td class="tcc rb">216</td> <td class="tcl rb">Bocholt</td> <td class="tcc rb">128</td></tr>
+<tr><td class="tcl lb rb">Rheine</td> <td class="tcc rb">198</td> <td class="tcl rb">Bamberg</td> <td class="tcc rb">125</td></tr>
+<tr><td class="tcl lb rb bb">Hof</td> <td class="tcc rb bb">196</td> <td class="tcl rb bb">Bayreuth</td> <td class="tcc rb bb">100</td></tr>
+</table>
+
+<p>The history of the hand industry in Germany runs back some
+centuries. At the time when it flourished in the Netherlands
+we may be sure that it was prosecuted to some extent farther
+north and east. The start with the machine industry was not long
+<span class="pagenum"><a name="page297" id="page297"></a>297</span>
+delayed after its economies had been learnt in England. It was
+fostered by protection against the cheap products of Lancashire,
+and in the course of time stimulated by every step taken towards the
+economic unity of the German States which broke down local barriers
+and therefore enlarged the German market. Duties upon cotton
+goods, however, were not immoderately high until the measure of
+1879, the policy of which was carried to a further stage in 1885.
+Slight reactions were brought about in 1888 and 1891, largely by the
+complaints, not only of the consumers of finished goods, but also of
+manufacturers whose costs of production were kept up by the high
+prices of home-spun yarns and the tax on imported substitutes.
+According to the investigations made by the Board of Trade, the
+general ad valorem impact of German duties on British goods stood
+somewhat as follows in 1902:&mdash;</p>
+
+<p class="center pt2"><i>Statement showing the Average Incidence</i> (ad valorem) <i>of the Import Duties levied by
+Germany on British Cotton Goods.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb"></td> <td class="tccm allb">Average Value of<br />Exports from the<br />United Kingdom<br />to all Countries<br />in 1902.</td>
+ <td class="tccm allb">Rate of Duty<br />estimated<br />Equivalent.</td> <td class="tccm allb">Approximate<br />Equivalent<br />Rate of Duty<br /><i>ad valorem</i>.</td></tr>
+
+<tr><td class="tcl lb rb">Cotton manufactures&mdash;</td> <td class="tcl rb">&nbsp;</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">Per Cent.</td></tr>
+<tr><td class="tcl lb rb">&emsp;Piece goods, unbleached</td> <td class="tcl rb">&ensp;2.01d. per yd.</td> <td class="tcl rb">0.87d. per yd.</td> <td class="tcc rb">43</td></tr>
+<tr><td class="tcl lb rb">&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;&emsp;bleached</td> <td class="tcl rb">&ensp;2.46d.&emsp;&rdquo;</td> <td class="tcl rb">1.09d.&emsp;&rdquo;</td> <td class="tcc rb">44</td></tr>
+<tr><td class="tcl lb rb">&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;&emsp;printed</td> <td class="tcl rb">&ensp;2.68d.&emsp;&rdquo;</td> <td class="tcl rb">1.31d.&emsp;&rdquo;</td> <td class="tcc rb">49</td></tr>
+<tr><td class="tcl lb rb">&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;&emsp;dyed, &amp;c.</td> <td class="tcl rb">&ensp;3.46d.&emsp;&rdquo;</td> <td class="tcl rb">1.31d.&emsp;&rdquo;</td> <td class="tcc rb">38</td></tr>
+<tr><td class="tcl lb rb">Cotton thread for sewing</td> <td class="tcl rb">26.89d. per &#8468;</td> <td class="tcl rb">3.81d. per &#8468;</td> <td class="tcc rb">15</td></tr>
+<tr><td class="tcl lb rb">Cotton yarn&mdash;</td> <td class="tcl rb">&nbsp;</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">&nbsp;</td></tr>
+<tr><td class="tcl lb rb">&emsp;Grey</td> <td class="tcl rb">10.49d.&emsp;&rdquo;</td> <td class="tcl rb">0.98d.&emsp;&rdquo;</td> <td class="tcc rb">&ensp;9</td></tr>
+<tr><td class="tcl lb rb bb">&emsp;Bleached or dyed</td> <td class="tcl rb bb">11.23d.&emsp;&rdquo;</td> <td class="tcl rb bb">1.63d.&emsp;&rdquo;</td> <td class="tcc rb bb">15</td></tr>
+</table>
+
+<p>The duties are not prohibitive&mdash;they are much less than those of
+the United States at the same time&mdash;but they are heavy on the classes
+of goods which come into competition with home-made goods. The
+general principle of the tariff is to treat easiest commodities which
+are made with least success at home, or are in the highest degree
+raw material for a home manufacture. Therefore yarns are not taxed
+very heavily, and of these the finest counts escape with slight discouragement.</p>
+
+<p>In the cotton industry, as well as in numerous other industries
+of Germany, almost feverish activity was shown after the Franco-German
+War. Previously great advance had been made, but it
+was not until the last quarter of the 19th century that Germany
+forced herself into the first rank. As measured by the annual
+consumption of cotton the German industry increased as follows:&mdash;</p>
+
+<p class="center pt2"><i>Metric Tons of Cotton per Annum.</i></p>
+
+<table class="nobctr" style="width: 50%;" summary="Contents">
+<tr><td class="tcl">&nbsp;</td> <td class="tcr">(In Thousands.)</td></tr>
+<tr><td class="tcl">1836-1840</td> <td class="tcr">9&emsp;&emsp;</td></tr>
+<tr><td class="tcl">1856-1860</td> <td class="tcr">46&emsp;&emsp;</td></tr>
+<tr><td class="tcl">1876-1880</td> <td class="tcr">124&emsp;&emsp;</td></tr>
+<tr><td class="tcl">1886-1890</td> <td class="tcr">201&emsp;&emsp;</td></tr>
+<tr><td class="tcl">1899-1903</td> <td class="tcr">324&emsp;&emsp;</td></tr>
+</table>
+
+<p class="noind">It must be remembered that the spindles and looms of Alsace and
+Lorraine were reckoned as German after the war: they amounted
+in 1895 to one and a half million spindles and nearly forty thousand
+looms.</p>
+
+<p>In the &rsquo;seventies there was no dispute as to England&rsquo;s substantial
+lead in respect of efficiency. Alexander Redgrave, the chief
+factory inspector, made inquiries on the continent both in 1873,
+when Lancashire was anxious as to the comparative cost of production
+abroad because of the short-time bill then before parliament,
+and previously, and reported most unfavourably upon the state of
+the industry in Germany. Hours were long, the skill of the hands was
+inferior, speeds were low and time was wasted. In several important
+respects his views were corroborated by M. Taine in his <i>Notes on
+England</i>, and by the evidence adduced before the German commission
+upon the cotton and linen industries in 1878. A marked contrast is
+noticeable between the sketches drawn of this period and the careful
+picture presented by Professor Schulze-Gaevernitz of the early
+&ldquo;&rsquo;nineties,&rdquo; but even in the latter the advantage of England is
+represented as substantial in every essential respect. The gap
+which existed has narrowed, but it is still unmistakable. To give
+one example, according to Dr Huber&rsquo;s figures there were in Saxony
+at the end of the 19th century 106 spindles to an operative and about
+as many weavers as looms, whereas in England there were about
+twice as many spindles to an operative and twice as many looms
+as persons engaged in weaving sheds.<a name="FnAnchor_61c" id="FnAnchor_61c" href="#Footnote_61c"><span class="sp">61</span></a> As regards manufacturing,
+the character of the product may partly explain the difference,
+but it will not entirely. The reader need hardly be warned that the
+comparison drawn is exceedingly rough. German cotton operatives
+taken all round are certainly less efficient than English labour of the
+same kind. The reason is partly that the proportion of the German
+workpeople who have been for long specialized to the industry,
+and look forward to continuing in it all their lives, is not high.
+Complaint is constantly made of the number of vacancies created
+in the mills each year by operatives leaving, and of the impossibility
+of filling them with experienced hands. Many of the vacancies
+are caused by the return of workpeople to the country parts.
+Sometimes the mills are in the country, or within easy reach of it,
+and labour is obtained from the unoccupied members of peasants&rsquo;
+families. In these cases the factories do not always succeed in
+attracting the most capable people, and work in the factory is not
+infrequently looked upon as a makeshift to supplement a family&rsquo;s
+earnings. Among Lancashire operatives far more pride of occupation
+may be met with. In many of the industrial parts of Germany
+English conditions are evolving, but they are not generally the rule.
+An American consul may be taken to report to his own country
+without prejudice as to the rival merits of German and English
+conditions: one such wrote in 1901:&mdash;&ldquo;The task of educating labour
+up to a high degree of efficiency is difficult, and
+many generations are necessary to achieve that
+result. The English cotton spinners have attained
+such a degree of skill and intelligence that, for the
+most part, no supervision is necessary. In Germany
+the presence of a technical overseer is indispensable.
+Another advantage which England enjoys is the
+cheap price of machinery. Germany imports the
+major part of her machinery from England, and
+German wholesale dealers in these machines have
+not been able, by placing large orders, to overcome
+the difference caused by freight and tariff.&rdquo;
+Wages reflect the efficiencies of countries, not of
+course perfectly, but in some degree. They are
+much higher in Lancashire than in Germany, as is
+made evident by an article from the pen of Professor
+Hasbach in <i>Schmollers Jahrbuch</i> (vol. ii., 1903).
+The author tries to show that Germany is not so
+far behind England industrially as is generally
+believed, and the contrast drawn by him, greatly to
+the advantage of Lancashire, is not likely to exaggerate
+the superiority of English conditions. It is calculated by
+Professor Hasbach that the daily wages of spinners are about
+5/10 to <span class="correction" title="amended from 6/">6/10</span> at Oldham, 6/6 at Bolton and 5/6 in Stalybridge and
+neighbouring places. With these he compares the 3.70 to 3.80
+marks paid in the Rhine Province and Leipzig, and the 3 to 3.15
+marks paid in the Vogtland, Bavaria and Alsace, and mentions
+an exceptionally high wage of 4<span class="spp">2</span>&frasl;<span class="suu">3</span> marks, which was earned by
+an operative who worked a new and long doubling mule. The
+wage paid to the big piecer in England, Dr Hasbach goes on to
+show, is not much greater than that received by a good assistant
+in Germany. This comparison as it stands will probably give
+some readers an idea that English advantages are greater than they
+actually are, because it may be overlooked that the great difference
+between wages in the case of English and German spinners
+is not repeated among the piecers. Taking a spinner and his first
+assistant as the unit, we should have a joint average daily wage of
+about 8/6 in England and 6/6 in Germany. In the case of weavers,
+comparison of wages is more difficult to draw, but the advantage of
+England would seem to be but little less. However, in instituting
+a comparison between two countries, as regards the relative efficiency
+of labour in some industries, we should do well to remind ourselves
+that efficiency is a somewhat transitory thing, dependent upon
+education and experience as much as upon aptitude. In respect of
+the capacity of labour for the task required in the cotton industry,
+we could not (writing in 1907) make the statement that England
+leads significantly with the assurance with which we can assert her
+superiority in respect of present attainments. The cotton industry
+has not been prosecuted on a large scale in Germany so long as in
+England, and the Germans have not, therefore, had the same
+opportunity for developing their latent powers. But the thoughtfulness
+and carefulness of the German workman are beyond dispute,
+and these qualities will procure for him a leading place where work
+is not mechanical. Already in the cotton industry it is said that
+the operatives are displaying quite striking powers of undertaking
+a wide range of work and changing easily from one pattern to another.
+Hence German firms feel little hesitation in taking small orders on
+special designs; they do not experience any great difficulty in
+getting their factors accommodated to produce the required articles.</p>
+
+<p>Apart from the efficiency of labour, reasons exist for the lower
+<span class="pagenum"><a name="page298" id="page298"></a>298</span>
+real cost of production in England in the organization of the industry.
+The German industry is not only less localized, but, as we might
+perhaps infer from that circumstance, less specialized. A German
+factory will turn out scores of patterns where an English firm will
+confine itself to a few specialities. Time is wasted in accommodating
+machinery to changes and in accustoming the hands to new work.
+The German producer suffers from the undeveloped state of the
+market. In England specialized markets with specialized dealers
+have greatly assisted producers both in their buying and selling.
+A German manufacturer may have to find his customers as the
+English manufacturer need not; at least, so Professor Schulze-Gaevernitz
+has assured us, and conditions have not been wholly
+transformed since he made his careful analysis. He wrote:&mdash;&ldquo;But
+especially disadvantageous is the decentralization in respect to the
+sale. Here also the German manufacturer stands under the same
+disadvantages with which the English had to struggle in the
+&rsquo;thirties. The German manufacturer still seeks his customers
+through travellers and agents, and in many instances through retail
+sellers, whose financial standing is often questionable, whose necessity
+for credit is always certain. Hence the complaints about the bad
+conditions of payment in Germany which crop up continually in the
+<i>enquête</i>. The manufacturers had to wait three, four or six months,
+and even twelve months and longer for payment. In reality there
+existed &lsquo;termless terms,&rsquo; a &lsquo;complete anarchy in the method of
+payment.&rsquo; ... The manufacturer cannot be at the same time
+commission agent, banker, merchant and retail dealer; he needs
+sound customers capable of paying. He fares best if the sale is
+concentrated in one market, and &lsquo;change&rsquo; prices simplify the
+struggle between buyer and seller. The search for customers,
+foreign as well as home, and the bearing of all possible risks of
+disposal, are in any case difficult enough to necessitate the whole
+strength of a man. The wholesale merchant alone is in a position
+to pay the manufacturer in cash or on sure, short terms. But
+especially where export is in question is the dispersal of sales an
+extreme impediment. The manufacturer cannot follow the fashions
+in Australia and South America; the foreign buyer cannot travel
+from mill to mill.&rdquo;</p>
+
+<p>It is the want of commercial development in Germany which
+accounts for the more frequent combination of weaving and spinning
+there than in England. But in Germany to-day economic enterprise
+is flourishing, and commercial development may confidently be
+looked for together with advance in other directions. It is not many
+years since the typical German cotton factory was comparatively
+primitive; now mills can be exhibited which might have been
+erected recently in Oldham. Between the early &rsquo;eighties and the
+&rsquo;nineties the expansion of the German industry was enormous&mdash;the
+imports of cotton-wool rose by nearly 70%&mdash;yet the number of
+spinning-mills was actually reduced from 6750 to 2450, while the
+number of weaving-sheds fell from 56,200 to 32,750. At the same
+time the factories devoted to mixed goods declined from 25,200 to
+less than 16,350. From these figures we may gather how rapidly
+the average size of mills and weaving-sheds enlarged in the period.
+One cause, no doubt, was that improved economies in the new
+businesses forced antiquated factories to shut down and make way
+for still newer erections. There were recently about twice as many
+persons engaged in weaving as in spinning, but the largest numbers
+of all&mdash;slightly in excess of those in weaving-sheds&mdash;were the persons
+occupied in the manufacture of cotton-lace, trimmings, &amp;c. As we
+might imagine, Germany&rsquo;s exports of cotton goods are not high.
+Including yarns they amounted to £13.7 million per annum in
+1899-1903. In order of value their largest exports are (1) coloured
+goods, (2) hosiery, (3) lace and embroidery, (4) yarns, and (5)
+trimmings, &amp;c.</p>
+
+<p><i>France.</i>&mdash;Into the industrial conditions of the two leading rivals
+of England we have entered in some detail; the state of affairs
+in the rest of the world must be dealt with more briefly. Of France
+more ought to be said than we can find place for, though in respect
+of the magnitude of her cotton industry, as measured by the quantity
+of spindles, she stands now not fourth, but fifth, Russia taking
+precedence. But the work of the French is incomparably superior
+to anything that is turned out from Russia. France suffered a
+severe blow when the industry of Alsace and Lorraine was lost to
+Germany, but the inexhaustible originality of French <i>design</i> will
+always secure for her goods a place in the first rank. As regards
+<i>artistic</i> results France leads, but the real cost of her spinning and
+weaving cannot approach in lowness that of Lancashire. After
+costly strikes the French workmen have succeeded in shortening
+their hours to ten and a half a day; and here it may be remarked
+that the International Association of Textile Operatives tends to
+equate continental industrial conditions to those of England. The
+French industry has been fostered by tariffs. When the Board of
+Trade calculation was made, French tariffs were found to bear upon
+British cotton goods with about the same severity as those of
+Germany, except that the former treated more hardly yarns and
+cotton thread for sewing. French protectionism has kept down her
+exports; such as they are the majority proceed now to her colonies.
+Normandy, the north and east, in order, are the chief seats of the
+industry. In Normandy the leading city is Rouen, and Darnétal,
+Maromme, Sotteville, Havre, Yvetot, Dieppe, Évreux, Gisors,
+Falaise and Flers are important places. The north contains the
+important towns of Lille, Tourcoing, Roubaix, St Quentin, Amiens
+and Hellemmes. The Vosges is the chief district of the east, and the
+leading towns are Epinal, St Dié, Remiremont, Senones, Val d&rsquo;Ajol,
+Cornimont and La Bresse. The following towns which are not included
+in any of the districts mentioned above are also noteworthy:&mdash;Troyes,
+Nantes, Cholet, Laval, Tarare, Roanne, Thizy and Villefranche
+upon the Saône. Cotton arrives at Havre and Marseilles;
+at the latter chiefly the product of Egypt and the East. Havre
+used to be the most important cotton port in continental Europe,
+but to-day more spindles are fed from Bremen than from Havre.
+France&rsquo;s consumption of cotton annually in the period 1899-1903
+was 215,000 metric tons.</p>
+
+<p><i>Russia.</i>&mdash;Power-spinning was carried into Russia by Ludwig
+Knoop, who had learnt the trade in Manchester, and to his efforts
+its early success was due. The growth, largely the result of very
+heavy protectionism&mdash;according to the Board of Trade report,
+from 50 to more than 100% more severe than that of Germany,&mdash;has
+been rapid, as the following table bears witness:&mdash;</p>
+
+<p class="center pt2"><i>Average yearly Importation of Cotton wool and
+Yarn into Russia.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Raw Cotton in<br />thousand tons.</td> <td class="tccm allb">Cotton Yarn in<br />thousand tons.</td></tr>
+
+<tr><td class="tcc lb rb">1824-1826</td> <td class="tcr rb">.9</td> <td class="tcr rb">5.4</td></tr>
+<tr><td class="tcc lb rb">1836-1838</td> <td class="tcr rb">4.6</td> <td class="tcr rb">10.1</td></tr>
+<tr><td class="tcc lb rb">1842-1844</td> <td class="tcr rb">8.4</td> <td class="tcr rb">9.5</td></tr>
+<tr><td class="tcc lb rb">1848-1850</td> <td class="tcr rb">21.4</td> <td class="tcr rb">4.5</td></tr>
+<tr><td class="tcc lb rb">1889-1891</td> <td class="tcr rb">117.4</td> <td class="tcr rb">3.4</td></tr>
+<tr><td class="tcc lb rb bb">1899-1903</td> <td class="tcr rb bb">180.0</td> <td class="tcr rb bb">2.9</td></tr>
+</table>
+
+<p class="center pt2"><i>Table showing approximately the Growth of
+Spindles and Looms in Russia.</i></p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Spindles.</td> <td class="tccm allb">Looms.</td></tr>
+
+<tr><td class="tcc lb rb">1857</td> <td class="tcr rb">1,000,000</td> <td class="tcc rb">· ·</td></tr>
+<tr><td class="tcc lb rb">1877</td> <td class="tcc rb">· ·</td> <td class="tcr rb">55,000</td></tr>
+<tr><td class="tcc lb rb">1887</td> <td class="tcr rb">4,000,000</td> <td class="tcr rb">85,000</td></tr>
+<tr><td class="tcc lb rb">1900</td> <td class="tcr rb">6,000,000</td> <td class="tcr rb">146,000</td></tr>
+<tr><td class="tcc lb rb bb">1909</td> <td class="tcr rb bb">7,800,000</td> <td class="tcc rb bb">· ·</td></tr>
+</table>
+
+<p>The chief districts were the following in 1900:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Government.</td> <td class="tccm allb">Factories.</td> <td class="tccm allb">Spindles<br />(in thousands).</td> <td class="tccm allb">Looms<br />(in thousands).</td></tr>
+
+<tr><td class="tcl lb rb">Moscow</td> <td class="tcr rb">56</td> <td class="tcr rb">1295</td> <td class="tcr rb">33</td></tr>
+<tr><td class="tcl lb rb">Vladimir</td> <td class="tcr rb">67</td> <td class="tcr rb">1224</td> <td class="tcr rb">42</td></tr>
+<tr><td class="tcl lb rb">Piotrkov</td> <td class="tcr rb">25</td> <td class="tcr rb">745</td> <td class="tcr rb">20</td></tr>
+<tr><td class="tcl lb rb">St Petersburg</td> <td class="tcr rb">24</td> <td class="tcr rb">1074</td> <td class="tcr rb">11</td></tr>
+<tr><td class="tcl lb rb">Jaroslaw</td> <td class="tcr rb">4</td> <td class="tcr rb">347</td> <td class="tcr rb"> 2</td></tr>
+<tr><td class="tcl lb rb">Kostroma</td> <td class="tcr rb">25</td> <td class="tcr rb">274</td> <td class="tcr rb">20</td></tr>
+<tr><td class="tcl lb rb">Tver</td> <td class="tcr rb">6</td> <td class="tcr rb">348</td> <td class="tcr rb">9</td></tr>
+<tr><td class="tcl lb rb">Esthonia</td> <td class="tcr rb">1</td> <td class="tcr rb">440</td> <td class="tcr rb">2</td></tr>
+<tr><td class="tcl lb rb">Ryazan</td> <td class="tcr rb">4</td> <td class="tcr rb">146</td> <td class="tcr rb">3</td></tr>
+<tr><td class="tcl lb rb">Elsewhere</td> <td class="tcr rb">15</td> <td class="tcr rb">198</td> <td class="tcr rb">4</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">227</td> <td class="tcr allb">6091</td> <td class="tcr allb">146</td></tr>
+</table>
+
+<p>Fine spinning has been attempted only recently. Generally
+speaking 70&rsquo;s used to be the upper limit, but now counts up to 140&rsquo;s
+are tried, though the bulk of the output is coarse yarn. The inefficiency
+of the labour was made abundantly plain by Dr Schulze-Gaevernitz
+in his economic study of Russia, and conditions have not
+greatly altered for the better since. Roughly, 170,000 operatives
+worked 6,000,000 spindles in 1900, which means 35 spindles per head
+as compared with more than 100 in Saxony and more than 200 in
+England. In weaving the ratio of operatives to machinery worked
+out at about one loom to each weaver, which is comparatively much
+less unfavourable to Russia. The proportion in Saxony is about the
+same, but in England the average approaches two looms to a weaver.
+The speed of machinery cannot be compared, and we must remember
+that the above contrasts are rough only, and made without regard to
+differences of product. Russia is encouraging the growth of cotton
+at home. It is of very inferior quality, but 100,000 tons from the
+provinces of central Asia and Trans-Caucasia were used in 1900:
+her imports in the same year were about 170,000 tons.</p>
+
+<p><i>Switzerland.</i>&mdash;Swiss spindles advanced until the early &ldquo;&rsquo;seventies,&rdquo;
+but a decline followed. Details are:&mdash;</p>
+
+<table class="nobctr" style="width: 40%;" summary="Contents">
+<tr><td class="tcl">1830</td> <td class="tcr">400,000</td></tr>
+<tr><td class="tcl">1850</td> <td class="tcr">950,000</td></tr>
+<tr><td class="tcl">1876</td> <td class="tcr">1,854,000</td></tr>
+<tr><td class="tcl">1883</td> <td class="tcr">1,809,000</td></tr>
+<tr><td class="tcl">1898</td> <td class="tcr">1,704,000</td></tr>
+<tr><td class="tcl">1909 (estimated)</td> <td class="tcr">1,500,000</td></tr>
+</table>
+
+<p>The falling off is occasioned mainly by (a) the developing industrialism
+of the rest of Europe, notably Germany, and (b) the diminishing
+importance of the natural advantage of water-power with the
+<span class="pagenum"><a name="page299" id="page299"></a>299</span>
+improvement of steam-engines. Swiss yarns have been kept out of
+continental markets in the interests of home spinning. Now fancy
+cotton goods, laces and trimmings are the leading specialities of the
+Swiss textile workers. About half the Swiss spindles are in the
+canton of Zürich, between a quarter and a third in Glarus, about the
+same in St Gall and 9% in Aargau. Figures show that the average
+size of the Swiss mill is small. The average spindles to a mill were
+22,000, and very few mills held more than 50,000 spindles. Some
+9000 of the power-looms are in Zürich, some 4500 in Glarus and 4000
+in St Gall. Wald in the south-east of the canton of Zürich is an
+important centre of the muslin manufacture.</p>
+
+<p><i>Austria.</i>&mdash;Austria contains about 4,200,000 spindles and more
+yarn is consumed than it produces, as on balance there is an excess
+of imports of yarn. Bohemia, lower Austria, Tirol and Vorarlberg
+account for the mass of Austrian spinning. The following details
+relating to these districts recently are of interest:&mdash;</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">Mills.</td> <td class="tccm allb">Spindles.</td> <td class="tccm allb">Average<br />spindles<br />to a mill.</td></tr>
+
+<tr><td class="tcl lb rb">Bohemia</td> <td class="tcc rb">82</td> <td class="tcr rb">1,870,000</td> <td class="tcc rb">22,800</td></tr>
+<tr><td class="tcl lb rb">Lower Austria</td> <td class="tcc rb">23</td> <td class="tcr rb">460,000</td> <td class="tcc rb">20,000</td></tr>
+<tr><td class="tcl lb rb bb">Tirol and Vorarlberg</td> <td class="tcc rb bb">20</td> <td class="tcr rb bb">435,000</td> <td class="tcc rb bb">21,700</td></tr>
+</table>
+
+<p class="noind">Reichenberg and the surrounding district is the chief manufacturing
+place: here are more than 80,000 looms, nearly a half of which are
+hand-looms.</p>
+
+<p><i>Italy.</i>&mdash;Recent industrial growth in Italy is remarkable: statistics
+of spindles since 1870 are as follows, but the percentage of error is
+probably high:&mdash;</p>
+
+<table class="nobctr" style="width: 30%;" summary="Contents">
+<tr><td class="tcl">1870</td> <td class="tcr">500,000</td></tr>
+<tr><td class="tcl">1888</td> <td class="tcr">900,000</td></tr>
+<tr><td class="tcl">1898</td> <td class="tcr">2,100,000</td></tr>
+<tr><td class="tcl">1909</td> <td class="tcr">4,000,000</td></tr>
+</table>
+
+<p>The distribution of spindles is roughly as follows:&mdash;</p>
+
+<table class="nobctr" style="width: 40%;" summary="Contents">
+<tr><td class="tcl">Lombardy</td> <td class="tcr">1,850,000</td></tr>
+<tr><td class="tcl">Piedmont</td> <td class="tcr">1,000,000</td></tr>
+<tr><td class="tcl">Venetia</td> <td class="tcr">550,000</td></tr>
+<tr><td class="tcl">Campania</td> <td class="tcr">250,000</td></tr>
+<tr><td class="tcl">Liguria</td> <td class="tcr">250,000</td></tr>
+<tr><td class="tcl">Tuscany</td> <td class="tcr">100,000</td></tr>
+</table>
+
+<p>The distribution of spindles and power-looms in the chief manufacturing
+towns in Italy is shown in the following table:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tcl rb lb tb">&nbsp;</td> <td class="tcc rb2 tb">Spindles.</td> <td class="tcl rb tb">&nbsp;</td> <td class="tcc rb tb">Spindles.</td></tr>
+<tr><td class="tcl rb lb">Turin</td> <td class="tcr rb2">470,000</td> <td class="tcl rb">Genoa</td> <td class="tcr rb">210,000</td></tr>
+<tr><td class="tcl rb lb">Bergamo</td> <td class="tcr rb2">450,000</td> <td class="tcl rb">Salerno</td> <td class="tcr rb">150,000</td></tr>
+<tr><td class="tcl rb lb">Como</td> <td class="tcr rb2">250,000</td> <td class="tcl rb">Brescia</td> <td class="tcr rb">310,000</td></tr>
+<tr><td class="tcl rb lb">Milan</td> <td class="tcr rb2">660,000</td> <td class="tcl rb">Naples</td> <td class="tcr rb">100,000</td></tr>
+<tr><td class="tcl rb lb bb">Novara</td> <td class="tcr rb2 bb">410,000</td> <td class="tcl rb bb">Udine</td> <td class="tcr rb bb">240,000</td></tr>
+
+<tr><td class="tcl rb lb">&nbsp;</td> <td class="tcc rb2">Power-</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">Power-</td></tr>
+<tr><td class="tcl rb lb">&nbsp;</td> <td class="tcc rb2">Looms.</td> <td class="tcl rb">&nbsp;</td> <td class="tcc rb">Looms.</td></tr>
+<tr><td class="tcl rb lb">Milan</td> <td class="tcr rb2">40,000</td> <td class="tcl rb">Pisa</td> <td class="tcr rb">2,500</td></tr>
+<tr><td class="tcl rb lb">Turin</td> <td class="tcr rb2">22,000</td> <td class="tcl rb">Como</td> <td class="tcr rb">6,000</td></tr>
+<tr><td class="tcl rb lb">Novara</td> <td class="tcr rb2">13,000</td> <td class="tcl rb">Bergamo</td> <td class="tcr rb">13,000</td></tr>
+<tr><td class="tcl rb lb bb">Genoa</td> <td class="tcr rb2 bb">6,000</td> <td class="tcl rb bb">Udine</td> <td class="tcr rb bb">3,500</td></tr>
+</table>
+
+<p>The district between Milan and Lago Maggiore contains numerous
+villages devoted to the cotton industry. Many of the factories in the
+province of Bergamo are situated in the Valle Seriana, which is
+endowed with abundant water-power. In this district coarse and
+medium yarns and grey cloth are the chief products. In the province
+of Milan there are several small towns, notably Gallarate, Busto
+Arsizio and Monza, in which the manufacture of coloured and fancy
+goods is extensively carried on. The finest spinning in Italy is done
+in Turin. The coarsest spinning is done in Venetia.</p>
+
+<p><i>The Netherlands.</i>&mdash;In 1805 the cotton industry was reintroduced
+into the Netherlands from England in its factory form. Seventeen
+mules bearing 16,000 spindles are said to have been smuggled across
+the channel, while forty Englishmen were enticed over to work them,
+in spite of English legal prohibitions. Liévin Bauwens was the
+prime mover of the achievement. Expansion rapidly followed, and
+in 1892 Belgian spindles numbered nearly a million. Since then a
+decline has set in. Ghent, with about 600,000 spindles, is the only
+really important place: no other place has as many as 50,000.
+Holland possesses about 417,000 spindles: the leading district is
+Twente and the leading town Enschede; Twente contains also about
+20,000 power-looms. Rotterdam is the chief cotton port; Amsterdam,
+always a far-away second, has lost place still further of late.</p>
+
+<p><i>Spain and Portugal.</i>&mdash;The greatness of Spain in the cotton industry
+lies buried in the remote past, but of late she has awakened
+somewhat, with the result that her spindles now number about
+1,853,000. Catalonia is the chief province where the industry is
+carried on, and Barcelona surpasses all other centres. Portugal
+possesses nearly half a million spindles (the bulk in Lisbon and
+Oporto), many of which have appeared since 1894.</p>
+
+<p><i>The Rest of Europe</i>.&mdash;Of Sweden, Norway, Denmark, Greece and
+Macedonia no special mention need be made, nor of other parts where
+the cotton industry may just exist. It may be mentioned here that
+among the scattered rural populations of many parts of the continent,
+even in such advanced countries as France and Germany, hand-looms
+are still to be found in large numbers.</p>
+
+<p><i>India</i>.&mdash;The hand-cotton-industry has been carried on in
+India since the earliest times, and for many years English fabrics
+were protected against the all-cottons of India. Soon after the
+introduction of spinning by rollers, English all-cottons began to
+rival the Indian in quality as well as in cost. A large export trade
+to India has grown up, but Indian hand-loom weavers still ply their
+craft. In 1851 power-spinning was started, and by 1876 there were
+in India 1,000,000 spindles. Since then they have nearly reached six
+millions and importations of yarn have been significantly affected.
+The growth of Indian power-spinning, which is almost entirely of the
+ring variety, was attributed by some to the depreciation of the rupee
+after 1873, but the fall in the value of the rupee was stopped in 1893
+and the competition continued. The real explanation, no doubt,
+is that at the cost of Indian labour it is found cheaper to import
+machinery and coal than to export or cease to grow cotton and
+import yarn. This was the conclusion of the majority report of the
+committee of the Manchester Chamber of Commerce, which made
+an inquiry into Bombay and Lancashire spinning in 1888. Besides,
+as regards Indian exports to China, the remission in 1875 of the 3%
+export duty on yarns must be borne in mind. The efficiency of
+labour in India is only a small fraction of that of Lancashire
+operatives. Recently complaint has been made that Indian mills
+are being run inhumanely long hours with the same set of labour,
+and that child-labour is being abused, both legally and illegally&mdash;legally
+as regards children over fourteen who are classed as adults.
+The working of heavy hours began with the electric lighting of the
+mills; previously all shut down at sunset largely because of the cost
+of illumination. The outcry which has been raised is, perhaps,
+sufficient guarantee that the worst evils will be remedied. Indian
+spinning, it must be remembered, is still very coarse as a rule,
+though some fine work is attempted and the average of counts spun
+is rising. Though there are about a ninth as many spindles in
+India as in the United Kingdom, there are only about one-fifteenth
+as many power-looms, 46,400 in all, to which figure they rose between
+1891 and 1904 from 24,700. The reason for the paucity of power-looms
+is probably two-fold, (1) the low cost of production of Lancashire
+weavers, and (2) the habit of hand-loom weaving which is fixed
+in the Indian people. A rapid increase of power-looms is, however,
+observable. The hand-loom industry is gigantic, particularly in the
+Madras Presidency and the Central Provinces; in the latter district
+alone there were estimated to be 150,000 hand-looms in 1883. The
+following details relating to the Indian cotton industry are supplied
+officially:&mdash;</p>
+
+<p class="center pt2"><i>Cotton Mills in India, including Mills in Native States and
+French India</i>.</p>
+
+<table class="ws" summary="Contents">
+
+<tr><td class="tccm allb">Mills.</td> <td class="tccm allb">1897-1898.</td> <td class="tccm allb">1903-1904.</td></tr>
+<tr><td class="tcl rb lb">Mills (number)</td> <td class="tcr rb">164</td> <td class="tcr rb">204</td></tr>
+<tr><td class="tcl rb lb">Capital (thousand £s)</td> <td class="tcr rb">648</td> <td class="tcr rb">1,067</td></tr>
+<tr><td class="tcl rb lb">Looms (number)</td> <td class="tcr rb">36,946</td> <td class="tcr rb">46,421</td></tr>
+<tr><td class="tcl rb lb">Spindles (thousands)</td> <td class="tcr rb">4,219</td> <td class="tcr rb">5,213</td></tr>
+<tr><td class="tcl rb lb">Persons employed (daily average)</td> <td class="tcr rb">148,753</td> <td class="tcr rb">186,271</td></tr>
+<tr><td class="tcl rb lb">Yarn produced:&mdash;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl rb lb">&emsp;Counts (1 to 20 thousand &#8468;)</td> <td class="tcr rb">400,384</td> <td class="tcr rb">474,509</td></tr>
+<tr><td class="tcl rb lb">&emsp;Counts (above &rdquo;&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;)</td> <td class="tcr rb">62,212</td> <td class="tcr rb">104,250</td></tr>
+<tr><td class="tcr rb lb">Total &#8468;&emsp;&emsp;</td> <td class="tcr allb">462,596</td> <td class="tcr allb">578,759</td></tr>
+<tr><td class="tcl rb lb">Yarn produced:&mdash;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl rb lb">&emsp;Bombay (thousand &#8468;)</td> <td class="tcr rb">324,649</td> <td class="tcr rb">414,932</td></tr>
+<tr><td class="tcl rb lb">&emsp;Bengal&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;</td> <td class="tcr rb">44,807</td> <td class="tcr rb">46,487</td></tr>
+<tr><td class="tcl rb lb">&emsp;Madras&ensp;&emsp;&rdquo;&emsp;&emsp;&rdquo;</td> <td class="tcr rb">32,516</td> <td class="tcr rb">28,714</td></tr>
+<tr><td class="tcl rb lb">&emsp;United Provinces (including Ajmere-Merwara) (thousand &#8468;)</td> <td class="tcr rb">26,747</td> <td class="tcr rb">29,930</td></tr>
+<tr><td class="tcl rb lb">&emsp;Central Provinces (thousand &#8468;)</td> <td class="tcr rb">18,334</td> <td class="tcr rb">24,549</td></tr>
+<tr><td class="tcl rb lb">&emsp;Punjab&ensp;&emsp;&emsp;&rdquo;&emsp;&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;</td> <td class="tcr rb">6,607</td> <td class="tcr rb">11,578</td></tr>
+<tr><td class="tcl rb lb">&emsp;Elsewhere&emsp;&rdquo;&emsp;&emsp;&emsp;&rdquo;&emsp;&emsp;&rdquo;</td> <td class="tcr rb">8,936</td> <td class="tcr rb">22,569</td></tr>
+<tr><td class="tcr rb lb">Total &#8468;&emsp;&emsp;</td> <td class="tcr allb">462,596</td> <td class="tcr allb">578,759</td></tr>
+<tr><td class="tcl rb lb">Woven Goods:&mdash;</td> <td class="tcr rb">&nbsp;</td> <td class="tcr rb">&nbsp;</td></tr>
+<tr><td class="tcl rb lb">&emsp;Grey (thousand &#8468;)</td> <td class="tcr rb">83,136</td> <td class="tcr rb">111,494</td></tr>
+<tr><td class="tcl rb lb">&emsp;Others&emsp;&rdquo;&emsp;&emsp;&rdquo;</td> <td class="tcr rb">8,152</td> <td class="tcr rb">26,550</td></tr>
+<tr><td class="tcr rb lb bb">Total &#8468;&emsp;&emsp;</td> <td class="tcr allb">91,288</td> <td class="tcr allb">138,044</td></tr>
+</table>
+
+<p><i>China</i>.&mdash;In China spinning has not met with the same success as
+India, and power-manufacturing has not yet obtained a sure footing.
+The ingrained conservatism of the Chinese temperament is no doubt
+a leading cause. Of the spindles in China&mdash;about 600,000 in all&mdash;from
+a half to three-fifths are in Shanghai. The following details
+<span class="pagenum"><a name="page300" id="page300"></a>300</span>
+relating to the inception of the power-industry are quoted from a
+Diplomatic and Consular Report of 1905:&mdash;</p>
+
+<p>&ldquo;The initial experiment on modern lines was made in 1891, when
+a semi-official Chinese syndicate started at Shanghai&mdash;the Chinese
+Cotton Cloth Mill and the Chinese Cotton Spinning Company. Its
+originators claimed for themselves a quasi-monopoly, and prohibited
+outsiders who were not prepared to pay a fixed royalty for the privilege
+from engaging in similar undertakings. Although certain
+Chinese accepted this onerous condition, foreigners resented it as
+an undue interference with their treaty rights, and it was only when
+Japan, in 1895, after her war with China, inserted in the treaty of
+Shimonoseki an article providing for the freedom of Japanese subjects
+to engage in all kinds of manufacturing industries in the open
+ports of China, and permitting them to import machinery for such
+purposes, that outsiders were afforded an opportunity of exploiting
+the rich field for commercial development thereby thrown open.
+Accordingly, so soon as the Japanese treaty came into force no time
+was lost in turning this particular clause to account, and the erection
+of no less than 11 mills&mdash;Chinese and foreign&mdash;was taken in hand.
+At that time the pioneer mill, which was burnt to the ground in
+October 1893, but subsequently rebuilt, and other Chinese-owned
+mills were together working some 120,000 spindles and 850 looms.&rdquo;</p>
+
+<p>By 1905 the mills increased to 17, the spindles to 620,000 and
+the looms to 2250, but there is little inclination to expansion.
+Yarns for the hand-looms are obtained primarily from India and
+secondarily from Japan. The following are the recent figures relating
+to imported yarns:&mdash;</p>
+
+<p class="center pt2"><i>In million</i> &#8468;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm allb">1898.</td> <td class="tccm allb">1899.</td> <td class="tccm allb">1900.</td> <td class="tccm allb">1901.</td> <td class="tccm allb">1902.</td> <td class="tccm allb">1903.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">&#8468;</td> <td class="tcc rb">&#8468;</td></tr>
+<tr><td class="tcl lb rb">British</td> <td class="tcr rb">9.1</td> <td class="tcr rb">7.8</td> <td class="tcr rb">4.1</td> <td class="tcr rb">7.0</td> <td class="tcr rb">4.3</td> <td class="tcr rb">2.2&ensp;</td></tr>
+<tr><td class="tcl lb rb">Indian</td> <td class="tcr rb">186.7</td> <td class="tcr rb">254.2</td> <td class="tcr rb">131.5</td> <td class="tcr rb">228.9</td> <td class="tcr rb">251.6</td> <td class="tcr rb">250.8&ensp;</td></tr>
+<tr><td class="tcl lb rb">Japanese</td> <td class="tcr rb">64.7</td> <td class="tcr rb">104.0</td> <td class="tcr rb">62.9</td> <td class="tcr rb">66.4</td> <td class="tcr rb">69.7</td> <td class="tcr rb">110.9&ensp;</td></tr>
+<tr><td class="tcl lb rb">Hong-Kong</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">.7</td> <td class="tcr rb">.8</td> <td class="tcr rb">1.2&ensp;</td></tr>
+<tr><td class="tcl lb rb">Tongkinese</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcc rb">· ·</td> <td class="tcr rb">.01</td></tr>
+
+<tr><td class="tcc lb rb bb">Total</td> <td class="tcr allb">260.5</td> <td class="tcr allb">366.0</td> <td class="tcr allb">198.5</td> <td class="tcr allb">303.0</td> <td class="tcr allb">326.4</td> <td class="tcr allb">365.1&ensp;</td></tr>
+</table>
+
+<p><i>Japan.</i>&mdash;If in China the factory cotton industry reveals no prospects
+as yet of a great future, the same cannot be said of Japan.</p>
+
+<p>The chief centres of spinning with their outputs in value of yarn
+for a year at the beginning of the 20th century are stated beneath:</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">&nbsp;</td> <td class="tccm tb lb rb2 bb">Thousands.</td> <td class="tccm allb">&nbsp;</td> <td class="tccm allb">Thousands.</td></tr>
+
+<tr><td class="tcl lb rb">&nbsp;</td> <td class="tcr rb2">£&emsp;s.</td> <td class="tcl rb">&nbsp;</td> <td class="tcr rb">£&emsp;s.</td></tr>
+<tr><td class="tcl lb rb">Osaka</td> <td class="tcr rb2">1226.5</td> <td class="tcl rb">Nara</td> <td class="tcr rb">111.5</td></tr>
+<tr><td class="tcl lb rb">Hyogo</td> <td class="tcr rb2">495.5</td> <td class="tcl rb">Hiroshima</td> <td class="tcr rb">91.3</td></tr>
+<tr><td class="tcl lb rb">Okayama</td> <td class="tcr rb2">374.4</td> <td class="tcl rb">Kyoto</td> <td class="tcr rb">82.2</td></tr>
+<tr><td class="tcl lb rb">Miye</td> <td class="tcr rb2">238.1</td> <td class="tcl rb">Wakayama</td> <td class="tcr rb">79.2</td></tr>
+<tr><td class="tcl lb rb">Tokyo</td> <td class="tcr rb2">227.9</td> <td class="tcl rb">Ehime</td> <td class="tcr rb">70.5</td></tr>
+<tr><td class="tcl lb rb">Aichi</td> <td class="tcr rb2">224.3</td> <td class="tcl rb">Kajawa</td> <td class="tcr rb">36.4</td></tr>
+<tr><td class="tcl lb rb bb">Fukuoka</td> <td class="tcr rb2 bb">168.1</td> <td class="tcl rb bb">&nbsp;</td> <td class="tcr rb bb">&nbsp;</td></tr>
+</table>
+
+<p>The following table gives other valuable information:&mdash;</p>
+
+<table class="ws" summary="Contents">
+<tr><td class="tccm allb">Year</td>
+ <td class="tccm allb">Gross<br />Amount<br />of Capital<br />invested.</td>
+ <td class="tccm allb">Average<br />Number<br />of<br />Spindles<br />used daily.</td>
+ <td class="tccm allb">Quantity<br />of Raw<br />and<br />Ginned<br />Cotton<br />demanded.</td>
+ <td class="tccm allb">Total<br />Production<br />of Cotton<br />Yarn.</td>
+ <td class="tccm allb">Average<br />Number<br />of Male<br />Operatives<br />daily<br />employed.</td>
+ <td class="tccm allb">Average<br />Number<br />of Female<br />Operatives<br />daily<br />employed.</td>
+ <td class="tccm allb">Annual<br />Working<br />Days.</td>
+ <td class="tccm allb">Daily<br />Working<br />Hours.</td>
+ <td class="tccm allb">Average<br />Daily<br />Wage<br />of Male<br />Operatives</td>
+ <td class="tccm allb">Average<br />Daily<br />Wage<br />of Female<br />Operatives</td></tr>
+
+<tr><td class="tcl lb rb">1892-1894</td> <td class="tcc rb">1123</td> <td class="tcc rb">&ensp;420</td> <td class="tcc rb">112.9</td> <td class="tcr rb">97.9</td> <td class="tcr rb">6,916</td> <td class="tcc rb">21,695</td> <td class="tcc rb">290</td> <td class="tcc rb">22</td> <td class="tcr rb">4d. to 4¼d.</td> <td class="tcr rb">2d. to 2¼d.</td></tr>
+<tr><td class="tcl lb rb">1900-1902</td> <td class="tcc rb">3569</td> <td class="tcc rb">1209</td> <td class="tcc rb">335.3</td> <td class="tcr rb">288.0</td> <td class="tcr rb">13,373</td> <td class="tcc rb">50,271</td> <td class="tcc rb">312</td> <td class="tcc rb">19</td> <td class="tcr rb">7½d.</td> <td class="tcr rb">4½d. to 5d.</td></tr>
+<tr><td class="tcl lb rb">1903</td> <td class="tcc rb">3441</td> <td class="tcc rb">1290</td> <td class="tcc rb">375.5</td> <td class="tcr rb">322.7</td> <td class="tcr rb">13,160</td> <td class="tcc rb">57,166</td> <td class="tcc rb">308</td> <td class="tcc rb">20</td> <td class="tcr rb">7½d. to 8d.</td> <td class="tcr rb">4½d. to 5d.</td></tr>
+<tr><td class="tcl lb rb bb">1904</td> <td class="tcc rb bb">3470</td> <td class="tcc rb bb">1306</td> <td class="tcc rb bb">332.1</td> <td class="tcr rb bb">285.9</td> <td class="tcr rb bb">10,967</td> <td class="tcc rb bb">52,115</td> <td class="tcc rb bb">309</td> <td class="tcc rb bb">20</td> <td class="tcr rb bb">8d.</td> <td class="tcr rb bb">5d.</td></tr>
+</table>
+
+<p>With amazing adaptability the Japanese have assumed the methods
+of Western civilization as a whole. But hand-weaving more than
+holds its own, and power-weaving has as yet met with little success.
+The custom already mentioned as a cause of the continued triumph
+of the hand-loom in India and China is strong also in Japan, and the
+economy of the factory system is greater relatively in spinning than
+in manufacturing. In Japan it is ring-spinning which prevails:
+95% of the spindles are on ring-frames. Ring-spinning entails less
+skill on the part of the operative, and ring-yarn is quite satisfactory
+for the sort of fabrics used most largely in the Far East. The counts
+produced are low as a rule. Generally mills run day and night with
+double shifts, and the system seems to pay, though night-work is
+found to be less economical than day-work there as elsewhere.
+More operatives are placed on a given quantity of machinery in Japan
+than in Lancashire&mdash;possibly more &ldquo;labour&rdquo; as well as more
+operatives, because labour as well as operatives may be cheaper.
+On the same work the output per spindle per hour is less in Japan
+than in England, even when day-shifts only are taken into account.
+Japanese work has been severely criticized, but the recency of the
+introduction of the cotton industry must not be forgotten.</p>
+
+<p><span class="sc">Bibliography.</span>&mdash;The literature relating to the cotton industry
+is enormous. The most complete bibliographies will be found in
+Chapman&rsquo;s <i>Lancashire Cotton Industry</i> (where short descriptions of
+the several works included, which relate only to the United Kingdom,
+are given); Hammond&rsquo;s <i>Cotton Culture and Trade</i>; and Oppel&rsquo;s
+<i>Die Baumwolle</i>. The list of books set forth here must be select only.</p>
+
+<p>The development of the English industry can be traced through
+the following:&mdash;Aikin, <i>A Description of the Country from Thirty
+to Forty Miles round Manchester</i> (1795); Andrew, <i>Fifty Years&rsquo;
+Cotton Trade</i> (1887); Baines, <i>History of the Cotton Manufacture in
+Great Britain</i> (1835); Banks, <i>A Short Sketch of the Cotton Trade of
+Preston for the last Sixty-Seven Years</i> (1888); Butterworth, <i>Historical
+Sketches of Oldham</i> (1847 or 1848); Butterworth, <i>An Historical
+Account of the Towns of Ashton-under-Lyne, Stalybridge and Dukinfield</i>
+(1842); Chapman, <i>The Lancashire Cotton Industry</i> (1904);
+Cleland, <i>Description of the City of Glasgow</i> (1840); <i>A Complete
+History of the Cotton Trade, &amp;c.</i>, by a person concerned in trade
+(1823); Ellison, <i>The Cotton Trade of Great Britain including a
+History of the Liverpool Cotton Market and of the Liverpool Cotton
+Brokers&rsquo; Association</i> (1886); Léon Faucher, <i>Études sur Angleterre</i>
+(1845); French, <i>The Life and Times of Samuel Crompton</i> (1859);
+Guest, <i>A Compendious History of the Cotton-manufacture, with a
+Disproval of the Claim of Sir Richard Arkwright to the Invention of its
+Ingenious Machinery</i> (1823); Guest, <i>The British Cotton Manufacture
+and a Reply to the Article on Spinning Machinery, contained in a
+recent Number of the Edinburgh Review</i> (1828); Helm, <i>Chapters in the
+History of the Manchester Chamber of Commerce</i> (1902); Kennedy,
+<i>Miscellaneous Papers on Subjects connected with the Manufactures
+of Lancashire</i> (1849); Ogden, <i>A Description of Manchester ... with
+a Succinct History of its former original Manufactories, and their
+Gradual Advancement to the Present State of Perfection at which they
+are arrived, by a Native of the Town</i> (1783); Radcliffe, <i>Origin of the
+New System of Manufacture, commonly called &ldquo;Power-Loom Weaving&rdquo;
+and the Purposes for which this System was invented and brought
+into use, fully explained in a Narrative concerning William Radcliffe&rsquo;s
+Struggles through Life to remove the Cause which has brought this
+Country to its Present Crisis</i> (1828); Rees&rsquo; <i>Cyclopaedia</i>, articles on
+Cotton (1808), Spinning (1816) and Weaving (1818); Ure, <i>The
+Cotton Manufacture of Great Britain, investigated and illustrated, with
+an Introductory View of its Comparative State in Foreign Countries</i>
+(2 vols.); Ure, <i>The Philosophy of Manufacture; or An Exposition
+of the Scientific, Moral and Commercial Economy of the Factory
+System of Great Britain</i> (1835); Watts, <i>Facts of the Cotton Famine</i>
+(1866); Wheeler, <i>Manchester: its Political, Social and Commercial
+History, Ancient and Modern</i> (1836).</p>
+
+<p>In addition there are many short papers in the Manchester public
+library. Much valuable information may be obtained from parliamentary
+papers; a list of relevant ones is printed as an appendix
+to Chapman&rsquo;s <i>Lancashire Cotton Industry</i>, but it is too lengthy to
+repeat here. The most important are the reports relating to the
+hand-loom weavers, those on the employment of children in factories
+(of which a list will be found in Hutching and Harrison&rsquo;s <i>History of
+the Factory Legislation</i>), and the state of trade and the annual reports
+of the factory inspectors. On labour questions there is a list of
+authorities in Chapman&rsquo;s <i>Lancashire Cotton Industry</i> and also of
+parliamentary papers containing useful material. Printed copies of
+the &ldquo;Wages Lists&rdquo; are issued by the trade unions. The Factory
+Acts are dealt with in Hutchins and Harrison&rsquo;s <i>History</i>, mentioned
+above, as well as the literature relating to them; while the handbooks
+by Redgrave and by Abraham and Davies are specially useful.</p>
+
+<p>On the industry abroad the following are the fullest authorities:&mdash;Besso,
+<i>The Cotton Industry in Switzerland, Vorarlberg and Italy</i> (1910)
+(a report made as a Gartside Scholar of the University of Manchester);
+Chapman&rsquo;s <i>Cotton Industry and Trade</i> (1905); Hammond, <i>The
+Cotton Industry</i>; Hasbach&rsquo;s article, &ldquo;Zur Characteristik der englischen
+Industrie,&rdquo; in <i>Schmollers Jahrbuch</i>, vol. ii. (1903); Leconte,
+<i>Le Coton</i>; Lochmüller, <i>Zur Entwicklung der Baumwollindustrie in
+Deutschland</i> (1906); Montgomery, <i>The Cotton Manufacture of the
+United States of America contrasted and compared with that of Great
+Britain</i> (1840); Oppel, <i>Die Baumwolle</i> (1902); Schulze-Gaevernitz,
+<i>Der Grossbetrieb: ein wirtschaftlicher und socialer Fortschritt: eine
+Studie auf dem Gebiete der Baumwollindustrie</i> (1892; translated as
+<i>The Cotton Trade in England and on the Continent</i>); T. M. Young,
+<span class="pagenum"><a name="page301" id="page301"></a>301</span>
+<i>American Cotton Industry</i> (1902); Uttley, <i>Cotton Spinning and
+Manufacturing in the United States of North America</i> (1905; a report
+of a tour as Gartside scholar of the university of Manchester);
+and the Gartside reports on the cotton industries of France and
+Germany by Forrester and Dehn respectively. Information will
+also be found in Diplomatic and Consular Reports, and fragments
+may be gathered from other books such as G. Drage&rsquo;s <i>Russian Affairs</i>,
+Dyer&rsquo;s <i>Dai Nippon</i>, and Huber&rsquo;s <i>Deutschland als Industriestaat</i>.
+Japan has published since 1901 a very full financial and economical
+annual, and the British government issues annually a good statistical
+abstract for India. The American census contains much detailed
+information, and there are, in addition to the statistics issued by the
+Federal government, those of Massachusetts, the Bureau of Statistics
+of which has also reported the results of an investigation into the
+industry in the Southern states. Among official matter the semi-official
+Bombay and Lancashire cotton spinning inquiry of the Manchester
+Chamber of Commerce may be included. The census of production
+of the United Kingdom must be mentioned, and the reports of
+the International Congresses of Cotton Spinners and Manufacturers.
+As to labour, see the reports of the International Textile Congresses.</p>
+
+<p>The periodical literature is of good quality and much of it is filed
+in the Patent Office library. We may notice particularly the <i>Cotton
+Factory Times</i>; <i>Textile Journal</i>; <i>Textile Manufacturer</i>; <i>Textile
+Mercury</i>; <i>Textile Recorder</i>; <i>Textile World Record</i> (American);
+<i>Der Leipzige Monatsschrift für Textilindustrie</i>; and the French
+<i>Textile Journal</i>. Shepperson&rsquo;s <i>Cotton Facts</i> is an annual which relates
+chiefly, though not entirely, to raw cotton, as does also <i>Cotton</i>, the
+periodical of the Manchester Cotton Association. For technical
+works we may refer here to the well-known treatises of Brooks,
+Guest, Marsden, Nasmith and Walmsley, and to Johannsen&rsquo;s
+ponderous two-volumed <i>Handbuch der Baumwollspinnerei, Rohweissweberei
+und Fabrikanlagen</i>.</p>
+</div>
+<div class="author">(S. J. C.)</div>
+
+<hr class="foot" /> <div class="note">
+
+<p><a name="Footnote_1c" id="Footnote_1c" href="#FnAnchor_1c"><span class="fn">1</span></a> See the extract from the books of Bolton Abbey, given by Baines
+(p. 96) and dated 1298.</p>
+
+<p><a name="Footnote_2c" id="Footnote_2c" href="#FnAnchor_2c"><span class="fn">2</span></a> Vol. ii. p. 206; Baines, pp. 96-97.</p>
+
+<p><a name="Footnote_3c" id="Footnote_3c" href="#FnAnchor_3c"><span class="fn">3</span></a> Baines, pp. 93 and 94.</p>
+
+<p><a name="Footnote_4c" id="Footnote_4c" href="#FnAnchor_4c"><span class="fn">4</span></a> Lancashire and Cheshire Record Society, vol. ii.</p>
+
+<p><a name="Footnote_5c" id="Footnote_5c" href="#FnAnchor_5c"><span class="fn">5</span></a> <i>State Papers, Domestic</i>, lix. 5. See W. H. Price, <i>Quar. Jour.
+Econ.</i>, vol. xx.</p>
+
+<p><a name="Footnote_6c" id="Footnote_6c" href="#FnAnchor_6c"><span class="fn">6</span></a> London Guildhall Library, vol. Beta, <i>Petitions and Parliamentary
+Matters</i> (1620-1621), No. 16 (old No. 25).</p>
+
+<p><a name="Footnote_7c" id="Footnote_7c" href="#FnAnchor_7c"><span class="fn">7</span></a> The act referred to is 33 Henry VIII. c. xv., already mentioned.</p>
+
+<p><a name="Footnote_8c" id="Footnote_8c" href="#FnAnchor_8c"><span class="fn">8</span></a> Cunningham, <i>Growth of English Industry and Commerce</i> (1903),
+vol. ii. p. 623.</p>
+
+<p><a name="Footnote_9c" id="Footnote_9c" href="#FnAnchor_9c"><span class="fn">9</span></a> Original edition, pp. 32, 33.</p>
+
+<p><a name="Footnote_10c" id="Footnote_10c" href="#FnAnchor_10c"><span class="fn">10</span></a> Aikin&rsquo;s <i>Description of the Country from Thirty to Forty Miles
+round Manchester</i>, p. 154.</p>
+
+<p><a name="Footnote_11c" id="Footnote_11c" href="#FnAnchor_11c"><span class="fn">11</span></a> <i>Tour</i>, vol. iii. p. 219.</p>
+
+<p><a name="Footnote_12c" id="Footnote_12c" href="#FnAnchor_12c"><span class="fn">12</span></a> For instance Radcliffe p. 61. Ogden (author of <i>A Description
+of Manchester</i>, &amp;c., published in 1783), if Aikin&rsquo;s &ldquo;accurate and
+well-informed enquirer&rdquo; by Ogden, says that the period of rapid
+extension of the cotton industry began about 1770. See also
+Butterworth&rsquo;s <i>History of Oldham</i> and the passage quoted below in
+the text.</p>
+
+<p><a name="Footnote_13c" id="Footnote_13c" href="#FnAnchor_13c"><span class="fn">13</span></a> Account of Society for Promotion of Industry in Lindsey (1789),
+Brit. Mus. 103, L. 56. Quoted from Cunningham&rsquo;s <i>English Industry
+and Commerce</i>, vol. ii. p. 452, n. ed., 1892.</p>
+
+<p><a name="Footnote_14c" id="Footnote_14c" href="#FnAnchor_14c"><span class="fn">14</span></a> In 1838 the only other county with more than 1000 was Gloucester
+with 1500. 217,000 of the 219,100 operatives in England and Wales
+were employed in the counties enumerated. Of the 2000 operatives
+whose location is not given, about 1000 worked in Flintshire.</p>
+
+<p><a name="Footnote_15c" id="Footnote_15c" href="#FnAnchor_15c"><span class="fn">15</span></a> W. Radcliffe&rsquo;s <i>Origin of the New System of Manufacturing</i>, p. 59.</p>
+
+<p><a name="Footnote_16c" id="Footnote_16c" href="#FnAnchor_16c"><span class="fn">16</span></a> The term &ldquo;fustian&rdquo; had originally been used to designate
+certain woollen or worsted goods made at Norwich and in Scotland.
+A reference to Norwich fustians of as early a date as the 14th century
+is quoted by Baines.</p>
+
+<p><a name="Footnote_17c" id="Footnote_17c" href="#FnAnchor_17c"><span class="fn">17</span></a> E. Butterworth&rsquo;s <i>History of Oldham</i>, p. 101.</p>
+
+<p><a name="Footnote_18c" id="Footnote_18c" href="#FnAnchor_18c"><span class="fn">18</span></a> <i>Parliamentary Reports, &amp;c.</i> (1826-1827), v. p. 5. See for even
+later examples Gardner&rsquo;s evidence to the committee on hand-loom
+weavers in 1835.</p>
+
+<p><a name="Footnote_19c" id="Footnote_19c" href="#FnAnchor_19c"><span class="fn">19</span></a> This is illustrated in one of the plates to Guest&rsquo;s <i>History of the
+Cotton Manufacture</i>.</p>
+
+<p><a name="Footnote_20c" id="Footnote_20c" href="#FnAnchor_20c"><span class="fn">20</span></a> Chapman&rsquo;s <i>Lancashire Cotton Industry</i>, pp. 15 and 16.</p>
+
+<p><a name="Footnote_21c" id="Footnote_21c" href="#FnAnchor_21c"><span class="fn">21</span></a> Page 167.</p>
+
+<p><a name="Footnote_22c" id="Footnote_22c" href="#FnAnchor_22c"><span class="fn">22</span></a> Mrs Crompton, wife of Samuel Crompton, we are told, used to
+employ her son George shortly after he could walk, as a &ldquo;dolly-peg&rdquo;
+to tread the cotton in the soapy water in which it was placed for
+washing. See French&rsquo;s <i>Life of Crompton</i>, pp. 58-59 (3rd ed.). Rowbotham
+in his diary gives two accounts of fires which were caused by
+carelessness in drying cotton.</p>
+
+<p><a name="Footnote_23c" id="Footnote_23c" href="#FnAnchor_23c"><span class="fn">23</span></a> On the difference between the two machines see Baines&rsquo;s <i>History</i>,
+p. 138 et seq.</p>
+
+<p><a name="Footnote_24c" id="Footnote_24c" href="#FnAnchor_24c"><span class="fn">24</span></a> Baines p. 183.</p>
+
+<p><a name="Footnote_25c" id="Footnote_25c" href="#FnAnchor_25c"><span class="fn">25</span></a> Baines&rsquo;s <i>History of the Cotton Manufacture</i>, p. 86 n.</p>
+
+<p><a name="Footnote_26c" id="Footnote_26c" href="#FnAnchor_26c"><span class="fn">26</span></a> These figures are quoted from a pamphlet published in 1788
+entitled &ldquo;An Important Crisis in the Calico and Muslin Manufactory
+in Great Britain explained.&rdquo; Many of the estimates given in this
+pamphlet are worthless, but there seems no reason why the figures
+quoted here should not be at least approximately correct.</p>
+
+<p><a name="Footnote_27c" id="Footnote_27c" href="#FnAnchor_27c"><span class="fn">27</span></a> See article on <span class="sc">Cotton-spinning Machinery</span>.</p>
+
+<p><a name="Footnote_28c" id="Footnote_28c" href="#FnAnchor_28c"><span class="fn">28</span></a> Hargreaves&rsquo; claim to this invention has been disputed, but no
+satisfactory evidence has been brought forward to disprove his
+claim. Hargreaves was a carpenter and weaver of Stand-hill near
+Blackburn, and died in 1778.</p>
+
+<p><a name="Footnote_29c" id="Footnote_29c" href="#FnAnchor_29c"><span class="fn">29</span></a> See Chapman&rsquo;s <i>Lancashire Cotton Industry</i>, pp. 59 et seq.</p>
+
+<p><a name="Footnote_30c" id="Footnote_30c" href="#FnAnchor_30c"><span class="fn">30</span></a> See Baines p. 207.</p>
+
+<p><a name="Footnote_31c" id="Footnote_31c" href="#FnAnchor_31c"><span class="fn">31</span></a> &ldquo;Counts&rdquo; are determined by the number of hanks to the
+lb. A hank is 840 yds. The origin of the hank of 840 yds. is
+probably that spinners used a winding-reel of 1½ yds. in circumference,
+so that 80 threads (one &ldquo;lea&rdquo; or &ldquo;rap&rdquo; according to old phraseology)
+would contain 120 yds., and seven leas (<i>i.e.</i> a hank) would
+contain 840 yds. A hank of seven leas was the common measure
+in the woollen industry, in which the reels were 1 yd. or 2 yds. in circumference.
+For details see an article on the subject in the <i>Textile
+World Record</i>, vol. xxxi. No. 1.</p>
+
+<p><a name="Footnote_32c" id="Footnote_32c" href="#FnAnchor_32c"><span class="fn">32</span></a> The author of the memoir of Crompton (see bibliography).</p>
+
+<p><a name="Footnote_33c" id="Footnote_33c" href="#FnAnchor_33c"><span class="fn">33</span></a> Specification 257.</p>
+
+<p><a name="Footnote_34c" id="Footnote_34c" href="#FnAnchor_34c"><span class="fn">34</span></a> For further analysis of the arguments current see Chapman&rsquo;s
+<i>Lancashire Cotton Industry</i>, pp. 66 et seq.</p>
+
+<p><a name="Footnote_35c" id="Footnote_35c" href="#FnAnchor_35c"><span class="fn">35</span></a> Also in the 17th century a John Barkstead was granted a patent
+for a method of manufacturing cotton goods, but the method is not
+described. 1691, Specification 276.</p>
+
+<p><a name="Footnote_36c" id="Footnote_36c" href="#FnAnchor_36c"><span class="fn">36</span></a> In the parliamentary reports (1840), xxiv. p. 611, the invention
+of the swivel-loom is claimed for a &ldquo;Van Anson.&rdquo; It is a plausible
+supposition that by &ldquo;Van Anson&rdquo; is meant Vaucanson, as he
+appears to have improved the swivel-loom. But he could not have
+been the original inventor, since in 1724 (that is, when Vaucanson
+was at the most fifteen years of age) they were being employed in
+Manchester.</p>
+
+<p><a name="Footnote_37c" id="Footnote_37c" href="#FnAnchor_37c"><span class="fn">37</span></a> Aikin, pp. 175-176, and Guest, p. 44. An explanation of the
+mechanism of the swivel-loom will be found in the <i>Encyclopédie
+méthodique, manufactures, arts et métiers</i>, pt. i. vol. ii. pp. 202, 208,
+and <i>Recueil de planches</i>, vol. vi. (1786), pp. 72-78.</p>
+
+<p><a name="Footnote_38c" id="Footnote_38c" href="#FnAnchor_38c"><span class="fn">38</span></a> Figures for the years above up to 1838 will be found in parliamentary
+reports (1840), xxiv. p. 611.</p>
+
+<p><a name="Footnote_39c" id="Footnote_39c" href="#FnAnchor_39c"><span class="fn">39</span></a> This is the manuscript diary of a weaver of Oldham roughly
+covering the period 1787 to 1830. It is now in the Oldham public
+library. Mr S. Andrew edited extracts from it in a series of articles
+in the <i>Standard</i> (an Oldham paper), under the title <i>Annals of Oldham</i>,
+beginning January 1, 1887.</p>
+
+<p><a name="Footnote_40c" id="Footnote_40c" href="#FnAnchor_40c"><span class="fn">40</span></a> Printed in <i>British Industries</i>. Edited by W. J. Ashley.</p>
+
+<p><a name="Footnote_41c" id="Footnote_41c" href="#FnAnchor_41c"><span class="fn">41</span></a> This is explained in the article <span class="sc">Cotton</span>: <i>Marketing and Supply</i>.</p>
+
+<p><a name="Footnote_42c" id="Footnote_42c" href="#FnAnchor_42c"><span class="fn">42</span></a> See chapter on cotton in Bowley&rsquo;s <i>Wages in the United Kingdom</i> and table there given.</p>
+
+<p><a name="Footnote_43c" id="Footnote_43c" href="#FnAnchor_43c"><span class="fn">43</span></a> A detailed analysis of the whole labour question in the cotton
+industry will be found in Chapman&rsquo;s <i>Lancashire Cotton Industry</i>.</p>
+
+<p><a name="Footnote_44c" id="Footnote_44c" href="#FnAnchor_44c"><span class="fn">44</span></a> There are other permissible arrangements, namely from 7 to 7
+and from 8 to 8, but they are not used in the textile trades of Lancashire.</p>
+
+<p><a name="Footnote_45c" id="Footnote_45c" href="#FnAnchor_45c"><span class="fn">45</span></a> The figures for looms are based upon a number of returns and
+estimates. Those for spindles are taken from the highly authoritative
+estimates of the International Federation of Master Cotton
+Spinners.</p>
+
+<p><a name="Footnote_46c" id="Footnote_46c" href="#FnAnchor_46c"><span class="fn">46</span></a> <i>Journal of Board of Trade</i>, April 28th, 1904.</p>
+
+<p><a name="Footnote_47c" id="Footnote_47c" href="#FnAnchor_47c"><span class="fn">47</span></a> The early history of the industry in the United States
+is summarized in one of the official bulletins of the state of
+Massachusetts, dated 1798. See W. R. Bagnall, <i>Textile Industries
+of the U. S.</i> (1893).</p>
+
+<p><a name="Footnote_48c" id="Footnote_48c" href="#FnAnchor_48c"><span class="fn">48</span></a> See also the official report of J. P. Harris-Gastrell in 1873.</p>
+
+<p><a name="Footnote_49c" id="Footnote_49c" href="#FnAnchor_49c"><span class="fn">49</span></a> Quoted by Schulze-Gaevernitz.</p>
+
+<p><a name="Footnote_50c" id="Footnote_50c" href="#FnAnchor_50c"><span class="fn">50</span></a> <i>Memorandum</i> on British and foreign trade and industrial
+conditions.</p>
+
+<p><a name="Footnote_51c" id="Footnote_51c" href="#FnAnchor_51c"><span class="fn">51</span></a> The method of calculating these percentages is discussed in
+the blue-book mentioned.</p>
+
+<p><a name="Footnote_52c" id="Footnote_52c" href="#FnAnchor_52c"><span class="fn">52</span></a> Upon the above see Uttley&rsquo;s report.</p>
+
+<p><a name="Footnote_53c" id="Footnote_53c" href="#FnAnchor_53c"><span class="fn">53</span></a> The figures are those quoted by Mr T. M. Young and relate to
+the year 1902.</p>
+
+<p><a name="Footnote_54c" id="Footnote_54c" href="#FnAnchor_54c"><span class="fn">54</span></a> See <i>e.g.</i> some passages upon this point in Uttley&rsquo;s report.</p>
+
+<p><a name="Footnote_55c" id="Footnote_55c" href="#FnAnchor_55c"><span class="fn">55</span></a> For an account of the numerous types of automatic looms see
+the article on <span class="sc"><a href="#artlinks">Weaving</a></span>: § Machinery.</p>
+
+<p><a name="Footnote_56c" id="Footnote_56c" href="#FnAnchor_56c"><span class="fn">56</span></a> Of which special mention may be made of Uttley&rsquo;s report as a
+Gartside scholar of the university of Manchester, already referred
+to, and Pidgin&rsquo;s report for the Massachusetts Bureau of Labour
+Statistics.</p>
+
+<p><a name="Footnote_57c" id="Footnote_57c" href="#FnAnchor_57c"><span class="fn">57</span></a> <i>Textile Recorder</i>, August 15th, 1905.</p>
+
+<p><a name="Footnote_58c" id="Footnote_58c" href="#FnAnchor_58c"><span class="fn">58</span></a> Young&rsquo;s <i>American Cotton Industry</i>, p. 13.</p>
+
+<p><a name="Footnote_59c" id="Footnote_59c" href="#FnAnchor_59c"><span class="fn">59</span></a> Uttley&rsquo;s report, p. 4.</p>
+
+<p><a name="Footnote_60c" id="Footnote_60c" href="#FnAnchor_60c"><span class="fn">60</span></a> Similar formulae have been used above, where a fuller explanation
+is given.</p>
+
+<p><a name="Footnote_61c" id="Footnote_61c" href="#FnAnchor_61c"><span class="fn">61</span></a> Deutschland als Industriestaat.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTTON-SPINNING MACHINERY.<a name="ar31" id="ar31"></a></span> The earliest inventors of
+spinning machinery (see <span class="sc"><a href="#artlinks">Spinning</a></span>) directed their energies chiefly
+to the improvement of the final stage of the operation, but no
+sooner were these machines put to practical use than it became
+apparent that success depended upon mechanically conducting
+the operations preliminary to spinning. Later inventors were,
+therefore, called upon not only to improve the inventions of their
+predecessors, but to devise machinery for preparing the fibres to
+be spun. Arkwright quickly perceived the importance of this
+aspect of the problem, and he devoted even more energy to it than
+to the invention with which his name is more intimately associated.
+But, given a complete series of machines for preparing and
+spinning, the cotton industry (see <span class="sc"><a href="#artlinks">Cotton Manufacture</a></span>) must
+have remained unprogressive without the co-operation of cotton
+growers, for by the then existing methods of separating cotton lint
+from seed it would have been impossible to provide an adequate
+supply of raw material. By inventing the saw gin, Eli Whitney,
+an American, in the year 1792, did for cotton planters what Paul,
+Arkwright, Crompton, Cartwright, Watt and others did for
+textile manufacturers, for he provided them with the means for
+increasing their output almost indefinitely.</p>
+
+<p class="noind pt2 f80 sc">Plate I.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:700px; height:442px" src="images/img300a1.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 10.</span>&mdash;BLOWING ROOM.</td></tr></table>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:700px; height:425px" src="images/img300a2.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 11.</span>&mdash;CARDING ROOM.<br />
+<span class="f80">(<i>From Photographs taken in a Manchester Fine Cotton-spinning Mill, by R. Banks.</i>)</span></td></tr></table>
+
+<p class="noind pt2 f80 sc">Plate II.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:700px; height:445px" src="images/img300b1.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 12.</span>&mdash;JACK-FRAME ROOM.</td></tr></table>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:700px; height:442px" src="images/img300b2.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 13.</span>&mdash;SPINNING-ROOM.<br />
+<span class="f80">(<i>From Photographs taken in a Manchester Fine Cotton-spinning Mill, by R. Banks.</i>)</span></td></tr></table>
+
+<div class="pt2">&nbsp;</div>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:722px; height:596px" src="images/img301a.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 1.</span></td></tr></table>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:514px; height:494px" src="images/img301b.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 2.</span></td></tr></table>
+
+<div class="condensed">
+<p><i>Cotton-ginning</i> is the process by which cotton seeds are separated
+from the adhering fibres. The most primitive machine employed in
+India and China for this purpose is the churka, which consists of two
+wooden rollers fixed in a frame and revolving
+in contact. Seed cotton is fed into
+these rollers and the fibres pass forward
+but the seeds remain behind. It is a
+device which does not injure the fibres, but
+no improvement has been found by which
+the churka can be converted into a sufficiently
+productive machine for modern requirements.
+In a modified form Whitney&rsquo;s
+saw gin is still used to clean a large
+portion of the annual crop of short and
+medium stapled cottons. It consists of
+from 60 to 70 saws (A, fig. 1), which are
+mounted upon a shaft and revolve between
+the interstices of an iron grid (B); against
+this grid the seed cotton is held whilst the
+fibres are drawn through, the seeds being
+left behind. The operation is as follows:&mdash;seed
+cotton is fed into the hopper (C), and
+conveyed by a lattice (D) to a spiked roller
+(E), which regulates the supply to the hopper
+(F). Whilst in (F) the cotton is engaged
+by the teeth of the saws (A), and drawn
+through the grid (B), but the bars are too
+close to permit the seeds to pass. A brush
+(G) strips the cotton lint from the saws,
+after which it is drawn through a flue (H)
+to the surface of a perforated roller (I) by
+pneumatic action; it then passes between
+(I) and (J) out of the machine. The
+Macarthy gin is the only other type in
+extensive use; it is employed to clean
+both long and short stapled cottons. In
+this gin the fibres are drawn by a leather-covered
+roller (A, fig. 2) over the edge
+of a stationary blade (B) called a doctor,
+which is fixed tangential to the roller.
+Two cranks (E) move two other blades
+(C, D) up and down immediately behind,
+and parallel to, the fixed blade (B). The
+cotton is thrown into the hopper (F) and the fibres are drawn
+by the roller (A) until the seeds are against the edge of the doctor
+(B), when the beaters (C, D) strike them off, but permit the fibres
+to go forward with the roller. Attempts continue to be made
+so to improve both machines, that production may be increased,
+<span class="pagenum"><a name="page302" id="page302"></a>302</span>
+and labour charges, and the risks of injuring the fibres,
+reduced.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:800px; height:333px" src="images/img302a.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 3.</span></td></tr></table>
+
+<p><i>Baling.</i>&mdash;As cotton leaves the gin, it is in some cases rolled, under
+compression, into cylindrical bales; but it is usually packed into
+rectangular bales, that vary in weight from 160 &#8468; to 750 &#8468;, by steam
+or hydraulic presses. After pressing, the cotton is covered with
+coarse jute bagging, and the whole secured by iron bands. In this
+form it arrives at the spinning mills.</p>
+
+<p>In the mill treatment of cotton it soon became an established
+practice to divide the work into the following operations, namely
+(1) Mixing the fibres into a homogeneous mass; (2) removing impurities;
+(3) combing out entanglements in, and ranging the fibres
+in parallel lines; (4) simultaneous combination and attenuation of
+groups of parallel fibres; (5) completing the combination and attenuation,
+and twisting the fibres into a thread; (6) compounding,
+finishing and making-up of threads. These remain the essential
+conditions of cotton-spinning. The principal machines used to carry
+out the foregoing stages are: The bale breaker, opener and scutcher;
+the card and comber; the drawing, slubbing, intermediate and
+roving frames; ring and mule spinning; winding, doubling; clearing
+and gassing the reel, and bundling press, together with several
+auxiliary machines. All the operations included in this list are not
+necessarily employed in the production of all kinds of yarn; low
+counts require fewer, and high counts more processes.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:800px; height:510px" src="images/img302b.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 4.</span></td></tr></table>
+
+<p>A <i>bale breaker</i> is used to disentangle fibres which have been, by
+hydraulic or steam presses, converted into hard masses that resist
+manual efforts to disentangle them. It may consist of three pairs
+of spiked and one pair of fluted rollers. If so, the matted cotton is
+fed into the first pair, seized by the second pair, which have a higher
+surface velocity, and pulled, while the third pair reduce the whole
+to a more or less fluffy mass, and the fluted rollers deliver it upon
+a travelling lattice by which it is conveyed to, and deposited upon,
+the floor of the mixing room. Instead of rollers, a <i>hopper breaker</i>
+may be used. In this machine the cotton is carried by a horizontal
+lattice into contact with a sloping spiked one, whose spikes tear away
+small tufts and deposit them upon a second lattice for removal to
+the mixing room. A stack of pulled cotton is formed by superposing
+thin layers from different bales, and when completed the cotton is
+drawn from top to bottom of the stack. By this means a thorough
+mixing of fibres is effected.</p>
+
+<p><i>The Opener.</i>&mdash;Mixed cotton may be thrown upon a lattice and
+conveyed to a spiked roller to be pulled, beaten, discharged into a
+trunk, and drawn by pneumatic force to the opener. Or it may be
+spread (fig. 3) upon a lattice (I), and carried between feed-rollers (E)
+<span class="pagenum"><a name="page303" id="page303"></a>303</span>
+to be subjected to the action of a beater (A) whose teeth first seize
+tufts of cotton and then fling them upon a grid (B), to be subsequently
+seized by other teeth and again flung off until dirt and other
+impurities pass between the grating. The beater may be cylindrical
+(as at A) or in the form of a truncated cone: in either event, from
+four to twelve rows of teeth project from its surface. It is from
+18 in. to upwards of 36 in. in diameter, approximately 40 in. wide,
+and the largest cylindrical beaters make from 300 to 700 revolutions;
+whilst conical beaters make about 1000, and small ones make from
+1000 to 1500 revolutions per minute. The opened cotton is carried,
+in the direction indicated by the arrows, upon a strong blast of air
+which is generated by a fan (H), and this deposits it in patches
+upon the surfaces of two perforated zinc or wire cylinders (C), but
+dust and foreign particles pass through the interstices. As these
+cylinders revolve towards each other the cotton passes between
+them in the form of a sheet to a pair of feed-rollers (D), which may
+again deliver it to a beater with two or three blades; if so, from this
+beater the cotton is next borne on an air current to, and between,
+a second pair of perforated cylinders. In either event, the final
+cages (C, C) deliver the cotton to feed-rollers (D) and they pass it to
+calender-rollers (F), by which it is compressed into a sheet, and
+finally coiled into a lap (G). Various kinds of openers have been
+patented, all of which differ in some important respects; for example,
+a hopper feed may be substituted for the trunk or the lattice feed,
+in which event the cotton from the mixing room is conveyed mechanically
+upon lattices, and deposited in a hopper affixed to an opener.
+In this hopper a sloping spiked lattice elevates the cotton to an
+evening roller, whose office is to sweep back the surplus supply from
+the spikes, but allow the requisite quantity to pass forward to the
+beater. A regular supply of cotton to an opener is of great importance,
+and in order to insure it a table is often formed by substituting for
+the lower roller (E) a series of levers (A, fig. 4) all mounted upon a
+fulcrum (B), and having their free arms weighted by wedge-shaped
+pendents (C), that are separated by bowls (D). A fluted feed-roller
+(E) is fixed above this table and the cotton is led over the lever
+but beneath the roller. If the cotton is unequally distributed, thick
+places will press down the levers and thin ones will permit them to
+rise (as at A&rsquo;, E&rsquo;). The rise of one pendent may be cancelled by the
+fall of another, but any balance of their movements is transmitted
+to a belt fork which governs a belt running upon a pair of inverted
+cones, and by this means the belt is traversed to and fro to drive the
+feed-roller (E) at a superior speed when the supply of cotton is
+insufficient, and at an inferior speed when the supply is excessive.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:800px; height:518px" src="images/img303.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 5.</span></td></tr></table>
+
+<p><i>The Scutcher.</i>&mdash;In many respects a scutcher resembles an opener;
+its function is to continue the cleaning and form laps of uniform
+weight and density for the carding engine. Occasionally the scutcher
+is the first cleaning machine, in which event cotton, in a loose fleece,
+is spread evenly upon a lattice. But in order to carry the combination
+of fibres one stage further, three or four opener laps are generally
+placed upon the feeder, so that, as the laps unroll, three or four sheets
+of cotton will be superposed, and in this form are passed by the
+lattice (F, fig. 4) and the feed-roller (E) to either one or two beaters,
+which are furnished with two or three blades. The beater (G) flings
+the cotton against the bars of a grid (H) to loosen, and cause the dirt
+to pass between the bars, after which the cotton is carried forward
+upon an air current, in the same manner as in an opener, and formed
+into a lap. In case two scutchers are required, the laps from the
+first are fed into the second, where they are similarly treated; in
+both machines the lever and pendent mechanism furnishes the means
+by which uniformity is attained. A beater may consist of a straight,
+smooth blade (as at G), or of a blade provided with stout teeth; in
+the latter event the operation resembles combing rather than beating.
+Two-bladed beaters revolve from 1200 to 1500 times per minute;
+those with three blades from 900 to 1000 times per minute.</p>
+
+<p><i>Carding Engine.</i>&mdash;The functions of a card (see <span class="sc"><a href="#artlinks">Carding</a></span>) are:
+to place the fibres parallel; to remove remaining impurities and
+immature fibres; and to form mature fibres into a porous band, called
+a sliver. A carding engine consists of three cylinders which are
+covered with cards; the first, or taker-in (see fig. 5), is the smallest;
+the second and largest is the main cylinder; and the third is the doffer.
+If the main cylinder is surmounted with a series of small ones (as
+at A), the engine is called a roller and clearer card. If a series of
+fixed strips of card are placed above the main cylinder, the engine
+is known as a stationary flat card. But if the strips move forward
+(as at B), it is a revolving flat card. In a roller and clearer card the
+small cylinders (E) are also covered with cards, but their teeth are
+bent to oppose those on the main cylinder, and they revolve with
+a different velocity. The taker-in is covered with saw teeth cut in
+a strip of steel which is fixed in the surface of that cylinder; it receives
+the cotton (I) from a feed-roller (C) that turns above a smooth
+iron table (D) called the feed plate, and strikes out the heaviest
+particles of remaining dirt. In passing through the fringe of lap,
+the teeth comb the attached fibres but deliver the loose ones to the
+main cylinder. The latter carries them into contact with the teeth
+on the rollers (E), by whose lower surface velocity combing is again
+effected. Short fibres become fixed amongst the teeth of (A) and
+(E), but those lying crosswise are transferred from (A) to (E) and
+from (E) to the clearer, which again presents them to the cylinder.</p>
+
+<p>When long fibres are turned to point in the direction of rotation
+they advance upon the cylinder A to the doffer teeth, where the
+<span class="pagenum"><a name="page304" id="page304"></a>304</span>
+scattered fibres on the surface of A are collected into a light fleece.
+In this condition they are stripped by a vibrating comb (F), drawn
+together by a funnel, formed into a sliver, and deposited in a can (G).
+This machine is now chiefly used to card waste and low-class cotton.
+If such a card is made with two main cylinders, a connecting cylinder
+called a tummer collects the fibres from the first and passes them on
+to a second main cylinder, where they are again treated as already
+described. In a stationary flat card the teeth in the flats are bent
+to oppose those on the main cylinder, and by this means the fibres
+are combed and straightened. In a revolving flat card the flats (H)
+are formed into an endless chain, and they travel slowly in the same
+direction as the cylinder. In other respects both flat cards are
+similar to a roller and clearer card. Formerly double carding, namely,
+two passages of the fibres through separate cards, or one passage
+through a double card, was general, but single carding is now employed
+for most purposes.</p>
+
+<p><i>Combing.</i>&mdash;For counts from 60s upward, and for exceptionally
+good yarn of lower counts, from 14 to 20 cans from the carding
+engine are taken to a <i>sliver lap machine</i>
+where the slivers are drawn alongside
+each other, passed between three pairs
+of drawing rollers and two pairs of
+calender rollers, and formed into laps
+that vary in width from 7½ in. to 12 in.
+This machine is provided with mechanical
+devices for stopping it on the failure
+of a sliver, and on the completion of a
+predetermined length of lap. When the
+sliver lap machine furnishes laps for the
+comber, the slivers are previously put
+through one head of drawing, namely,
+between four lines of drawing rollers,
+to straighten out the fibres. The more
+general practice is to pass sliver laps to
+a <i>ribbon lap machine</i>, at the back of which
+six laps are placed, end facing end, in one
+long line and simultaneously unrolled
+to feed each web between four pairs of
+drawing rollers. From the rollers the
+cotton passes in separate films over
+curved plates to a smooth table where
+one is superposed upon another, and
+in the combined state it is led between
+two pairs of calender rollers and formed
+into a lap from 7½ to 10½ in. wide. In
+the cotton industry the <i>Heilmann
+comber</i>, or some modification of that
+machine, is used to straighten thoroughly the fibres of carded
+cotton, to cast out all below a certain length, and leave only those
+that are perfectly clean and approximate to uniformity in length.
+For fine yarns of medium quality only part of the slivers required
+to form a thread are combed. But for fine yarns of good quality
+all slivers are once combed, and those for superfine yarns are twice,
+or &ldquo;double combed.&rdquo; This machine is made with six or eight heads,
+each of which is supplied with a ribbon lap. One end of every lap is
+fed by a pair of rollers between the open jaws of a nipper which
+immediately closes upon the sheet of cotton, but a fringe is left
+protruding into the path of a cylinder, on whose periphery either
+one set of 17, or two sets of 13, graduated needle combs, and one, or
+two, fluted segments are secured. The first comb to reach the cotton
+may have as few as 16, and the last 90 teeth per inch. After the
+combs have passed successively through the overhanging fringe of
+fibres, the nipper opens and a fresh length of about <span class="spp">3</span>&frasl;<span class="suu">16</span> to <span class="spp">4</span>&frasl;<span class="suu">10</span> of an inch
+is fed in. Meanwhile, a fluted segment on the cylinder has moved
+up to support the fringe; a top comb, which was inoperative when
+the cylinder combs were acting, has descended into the fringe, and
+three rollers first return a portion of the material already combed
+so that it may overlap that last treated. The rollers then reverse
+the direction of their rotation; one of them and the segment engage
+the fringe, and draw the tail ends of all free fibres through the teeth
+of the top comb. The product of all the heads is next united, condensed,
+formed into a continuous sliver, and deposited in a can.
+One cycle of movements, therefore, only combs from <span class="spp">8</span>&frasl;<span class="suu">16</span> to <span class="spp">4</span>&frasl;<span class="suu">10</span> of an
+inch of each fibre; the top comb deals with the tail ends, and the
+major portion of the work is done by the cylinder combs. The foregoing
+operations are repeated at the rate of from 85 to 90 times per
+minute, during which from 15% to upwards of 25% of carded
+material is removed; but this is capable of being spun into coarse
+yarns. A comber invented by John W. Nasmith is a modification
+of the foregoing. In his machine the cylinder combs act upon the
+forward ends of the fibres whilst under the control of the nipper,
+after which two pairs of rollers return a sufficient portion of the
+previously combed film to overlap, and to enable the front rollers
+to engage the fringe. The rollers then draw a part of the fringe
+through the teeth of the top comb, which, as a sequence, treats all
+but the forward ends of the fibres. Since one passage through the
+cylinder and top combs completes the operation for one set of fibres,
+this machine gives a higher production; it also gives a wider range
+of adaptability, and a lower percentage of waste than the Heilmann
+machine.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:755px; height:717px" src="images/img304.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 6.</span></td></tr></table>
+
+<p><i>The Drawing Frame.</i>&mdash;For fine counts the slivers from the comber,
+and for low or medium counts those from the card, are passed to the
+drawing frame, because in both conditions the material is irregularly
+distributed throughout the several slivers, and it is the function
+of the drawing frame to eliminate all such irregularities by drawing
+several slivers down to the dimensions of one, for here the processes
+of combination and attenuation are carried further than in any other
+machine. A drawing frame consists of three or four heads,
+each of four pairs of drawing rollers (A, B, fig. 6). The lower rollers
+(B) are fluted longitudinally and the upper ones (A) are covered
+with leather, and weighted as at (H) to give the two a proper hold
+of the cotton. Each head contains several deliveries. Six or eight
+slivers (C) are put up to each delivery and drawn down into one by
+causing succeeding lines of rollers (A, B) to move at an accelerated
+speed; the front one revolving about six or eight times faster than
+the back one. On leaving the front roller the sliver is conducted
+to a trumpet-shaped tube (D), thence between a pair of calender
+rollers (E), and, finally, through a diagonal passage in a plate (F);
+the latter coils the sliver into a rotating can (G). Back and front
+devices are provided to arrest motion in this machine when a sliver
+fails. At the back, each sliver passes over and depresses a separate
+spoon-shaped lever (I), thereby lifting the hooked lower end of (I)
+high enough to allow an arm (J) to vibrate. On the failure of a sliver
+the hook of (I) engages with (J) and dislocates the driving gear. In
+front, the trumpet-shaped tube (D) is mounted on a lever (K), and
+so long as a sliver presses down the mouth of (D), the machine continues
+in motion, but when a sliver fails, the lever (K) causes the
+driving gear to stop the machine. Six or eight cans containing once
+drawn slivers are put up to the second head and similarly drawn,
+and finally, a similar number of twice drawn slivers are fed into the
+third head and again drawn, giving in all 6 × 6 × 6 = 216 doublings;
+or 8 × 8 × 8 = 512 doublings. Occasionally four heads of drawings
+are used and eight slivers drawn into one, which gives 8 × 8 × 8 × 8 = 4096
+doublings; hence, irregularities in an original sliver have been
+minimized by successive combination and attenuation.</p>
+
+<p><i>Flyer Frames.</i>&mdash;Cotton in cans, from the final head of drawing, is
+transferred to the <i>slubbing frame</i>, by which it is attenuated, slightly
+twisted, and wound upon spools. Each sliver is drawn out by means
+of three pairs of rollers, and as it emerges from the front pair, a
+flyer (A, fig. 7), which revolves uniformly upon a spindle (B), carries
+the sliver (C) round with it to twist the fibres axially. This flyer
+coils the twisted material upon a wooden tube (D) in close-wound
+spirals and in successive layers. The tube is loosely mounted upon,
+<span class="pagenum"><a name="page305" id="page305"></a>305</span>
+but driven independently of, the spindle, in order that as the tube
+increases in diameter the number of revolutions it makes may be
+reduced to suit the constant delivery of the roving. This is effected
+by a differential motion which usually consists of a large wheel,
+within which two other wheels are made to work; the interior wheels
+have a regular motion, but the large wheel is driven from a pair of
+cone drums at a decreasing speed.</p>
+
+<table class="nobctr" style="float: left; width: 260px;" summary="Illustration">
+<tr><td class="figleft1"><img style="width:209px; height:636px" src="images/img305a.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig. 7.</span></td></tr></table>
+
+<p><i>The intermediate frame</i> comes between the slubbing and roving
+frames and is of similar construction to the slubber, but has a larger
+number of spindles and smaller tubes.
+Instead of having cans put at the
+back, the slubbing tubes are mounted
+vertically in a creel, passed in pairs
+through the rollers, and drawn down
+to a smaller diameter than a single
+slubbing. In this machine, therefore,
+the fourfold processes of combination,
+attenuation, twisting and
+winding are effected consecutively and
+continuously.</p>
+
+<p><i>The roving frame</i> is similar in
+principle to the slubber and intermediate
+machines, but it contains a
+greater number of spindles, and the
+tubes are smaller than either. It
+receives the rovings from the intermediate
+frame, draws two into one,
+twists them and winds them upon
+tubes. This machine is usually the
+last employed to prepare cotton for
+spinning, but for spinning fine yarns
+from the best Egyptian and Sea
+Islands cottons, a second roving, or
+<i>Jack frame</i> may be required, in which
+event pairs of rovings from the first
+machine are similarly treated in the
+second in order to render the final
+product sufficiently fine for spinning
+yarns of the requisite counts.</p>
+
+<p><i>Spinning</i> (see <span class="sc"><a href="#artlinks">Spinning</a></span>).&mdash;Improvements
+upon the Saxony wheel
+caused continuous spinning to become
+a mechanical art at an earlier date
+than intermittent spinning. Arkwright&rsquo;s
+water-twist frame was gradually
+changed to the <i>throstle</i>, which
+was a duplex machine furnished with
+one set of drawing rollers, and one set
+of spindles and flyers at each side of
+the frame-work. All the bosses of one
+line of rollers were connected so that
+one driving gear would serve for the
+whole length, and all the spindles
+were driven by bands from a central cylinder. The roving spools
+were placed vertically in a creel between the two sets of rollers,
+and the rovings reduced to the requisite fineness by the latter;
+after which each was passed through a coiled eye at the lower
+end of a flyer leg, and attached to a double-flanged spool which
+was loosely mounted upon a spindle. At each revolution of a
+flyer a twist was put into the attenuated roving, and the flyer
+wrapped as much thread upon a spool as the rollers delivered.
+The spools rested upon a piece of woollen cloth stretched over
+a rail, and this rail rose and fell through a space equal to the
+length of the spool barrel. On account of a thread having to pull
+a spool round, it was not possible to spin finer counts than 60^s,
+and since each flyer was mounted upon the top of an unsupported
+spindle, vibration increased with speed. In order to avoid such
+vibration Mr Danforth, in or about 1829, placed an inverted cup
+upon the top of a stationary spindle, and upon the spindle a freely
+fitting sleeve and wharve; the former to receive a spool, the latter
+to rotate both. By a traverse motion all the spools were simultaneously
+raised or depressed, so as to have their barrels, when at
+the highest point, entirely within the cup, and when at the lowest
+entirely below it. A thread passed from the drawing rollers, outside
+the cup, to a spool. As a spool rotated its thread was uniformly
+twisted, the lower edge of the cup built the yarn equally on every
+part of the spool barrel, and the requisite drag resulted from friction
+set up by the thread rubbing against the surface of the cup. The
+throstle has almost disappeared from the cotton industry, and
+Danforth&rsquo;s cap frame entirely so, but the latter is still used to spin
+worsted.</p>
+
+<table class="nobctr" style="float: right; width: 400px;" summary="Illustration">
+<tr><td class="figright1"><img style="width:347px; height:507px" src="images/img305b.jpg" alt="" /></td></tr>
+<tr><td class="caption1"><span class="sc">Fig</span>. 8.</td></tr></table>
+
+<p><i>Ring spinning</i> is practically the only system of continuous spinning
+used in the cotton industry; it was first patented in the United
+States of America by J. Thorpe, in 1828, and in that country was
+extensively used long before it became established in England.
+Its chief feature consists in the substitution for the flyer, or the cap,
+of a smooth annular ring (A, fig. 8) formed with a flange at the upper
+edge, over which a light C-shaped piece of wire (B), called a traveller,
+is sprung. The rings are secured in a rail (C) that rises quickly and
+falls slowly, but at each succeeding ascent and descent it attains
+a higher point than that previously reached. A spindle (D) is supported
+by, and turns in a bolster secured to a fixed rail (E). If the
+bolster only provides a bearing for the centre of the spindle, and so
+leaves the foot free to find its own position of steadiness, it is known
+as a self-balancing or gravity spindle. A recess in the bolster is
+filled with oil to automatically lubricate the bearing. A spindle is
+placed in the centre of each ring; it has a sleeve fitted upon it which
+carries a wharve (F) that covers the upper part of the bolster, and
+a band from a pair of
+drums is drawn round
+the wharve to drive
+the spindle. So perfect
+is the construction
+of these spindles
+that they can be run
+without appreciable
+vibration at speeds
+far beyond the ability
+of operatives to attend
+them; although
+a speed of 11,000 revolutions
+per minute
+is a practicable one.
+After passing the
+drawing rollers (G),
+the roving (H) is
+twisted, hooked into
+the traveller (B), and
+made fast to a spool
+(I) placed upon the
+spindle. As spinning
+proceeds the traveller
+is pulled round the
+ring by the thread; it
+thus puts a drag
+upon, and holds the
+thread at the winding
+point. In all continuous
+spinning the
+number of twists inserted
+into a given
+length of thread is
+governed by the surface
+speed of the front roller, relatively to the revolutions of the flyer,
+or to the speed of the winding surface.</p>
+
+<p><i>Intermittent Spinning</i>.&mdash;The essential difference between continuous
+and intermittent spinning is that the former draws and twists
+consecutively, whilst the latter draws and twists simultaneously.
+In the <i>mule</i>, a creel (A, fig. 9), fixed at the back of the machine,
+is designed to hold the rovings (B) in three or four tiers, from whence
+they pass between three lines of drawing rollers (C) and two faller
+wires (D). They are next led to spindles (E) mounted in a carriage
+(F) whose wheels run upon rails (G) called slips. As the rollers (C)
+feed the partially attenuated rovings the carriage recedes from the
+rollers a little faster than the rovings are delivered, thus completing
+the attenuation. Meanwhile, the spindles are revolved rapidly by
+bands passing from a tinned cylinder (H) and the threads are twisted.
+This twist goes first to the thin places where least resistance is offered
+to it, leaving thick places almost untwisted; the pull of the carriage,
+therefore, causes the fibres to slip most readily where there are
+fewest twists, and gives to a thread an approximation to uniformity
+in diameter. For fine yarns the rollers cease to rotate slightly before
+the carriage has attained the end of its outward run, or stretch, and
+at such times all attenuation is due to the pull of the spindles upon
+the threads. On the termination of a stretch the carriage stops, the
+twisting is completed, the spindles reverse the direction of their
+rotation to back off, or remove the yarn which is coiled round the
+spindles above the winding point, and whilst one faller wire (D),
+operating on all the threads at once, descends to the winding position
+of each spindle, the other rises to take up the yarn delivered by the
+spindles. This completed, the carriage returns to the roller beam,
+and in doing so the spindles revolve in their normal direction to wind
+the stretch of 48 to 66 in. of yarn spun in the outward journey. All
+the foregoing movements are regulated to succeed each other in their
+proper order, the termination of one operation being the initiation
+of the next.</p>
+
+<p>Crompton&rsquo;s original machine was controlled manually throughout,
+but later he devised means for moving the carriage out mechanically,
+for stopping the rollers at the proper time, and for locking the
+carriage whilst the spindles added the final twist to the threads.
+After which all parts became stationary and the manual operations
+commenced. These consisted in backing off, operating the faller
+wire, rotating the spindles and pushing the carriage home. In the
+year 1785 the first steam-engine was employed for cotton spinning,
+and in 1792 William Kelly placed the headstock of a mule, in which
+the chief mechanism is situated, in the middle of the carriage,
+instead of at one end. By this device one machine was doubled in
+length, and shortly afterwards two mules, each of 300 to 400 spindles,
+were allotted to one spinner and his assistants. Kelly also attempted
+to control all parts of the machine mechanically, but in
+<span class="pagenum"><a name="page306" id="page306"></a>306</span>
+this he failed, as did Eaton, Smith and many others, although
+each contributed something towards the solution of the problems involved
+in automatic spinning. Eventually the hand mule became a
+machine in which most of the work was done automatically; the
+spinner being chiefly required to regulate the velocity of the backing
+off, and the inward run of the carriage, and to actuate the fallers.
+As a result of these alterations the machine was made almost double
+the length of Kelly&rsquo;s. In this state many mules continued to be
+used until the last decade of the 19th century, and a few are still in
+use. Between the years 1824 and 1830 Richard Roberts invented
+mechanism that rendered all parts of the mule self-acting, the chief
+parts of which are shown at (I, J), and they regulate the rotation
+of the spindles during the inward run of the carriage. At first his
+machine was only used to spin coarse and low-medium counts,
+but it is now employed to spin all counts of yarn. Although numerous
+changes have since been made in the self-acting mule, the
+machine still bears indelible marks of the genius of Roberts.</p>
+
+<table class="nobctr" summary="Illustration">
+<tr><td class="figcenter"><img style="width:800px; height:360px" src="images/img306.jpg" alt="" /></td></tr>
+<tr><td class="caption"><span class="sc">Fig</span>. 9.</td></tr></table>
+
+<p>For many purposes the threads as spun by the ring frame or the
+mule are ready for the manufacturer; but where extra strength or
+smoothness is required, as in threads for sewing, crocheting, hosiery,
+lace and carpets; also where multicoloured effects are needed, as in
+Grandrelle, or some special form of irregularity, as in corkscrewed,
+and knopped yarns, two or more single threads are compounded
+and twisted together. This operation is known as doubling. In
+order to prepare threads for doubling it may be necessary to wind
+side by side upon a flanged bobbin, or upon a straight or a tapering
+spool, from two to six threads before twisting them into one.</p>
+
+<p><i>Winding machines</i> for this purpose are of various kinds. There
+are those in which the threads are laid evenly between the flanges
+of a bobbin, and those that coil the threads upon a straight or a
+tapering tube to form &ldquo;cheeses.&rdquo; In the latter the tubes may be
+laid upon diagonally split drums and rotated by frictional contact.
+By placing each group of threads to be wound in the slit of a rotating
+drum, it is drawn quickly to and fro and coiled upon a spool. If
+solid instead of split drums be used, the guides for all the threads
+on one side of a machine are attached to a bar, which is traversed
+by a cam placed at one end of the frame. Or independent mechanism
+may be provided throughout for treating each group of threads
+to be wound. The bobbins or tubes may be filled from cops, ring
+spools or hanks, but a stop motion is required for each thread,
+which will come into operation immediately a fracture occurs.</p>
+
+<p><i>Doublers</i>.&mdash;In action doublers are continuous and intermittent.
+The former resemble throstle and ring spinning machines, but since
+they do not attenuate the material, only one line of rollers is provided.
+The folded material is placed in a creel and led through the
+rollers to the spindles to be twisted in a wet or dry condition. If
+wet, the moisture flattens down most of the protruding ends of the
+fibres and produces a comparatively smooth thread; if dry, the
+doubled yarn retains some of its furry character. There are two
+types of continuous doublers, which are known respectively as
+English and Scotch. By the English system of dry doubling the
+yarn from the creel may be treated, on its way to the spindle, in
+various ways to obtain the desired tension. It may be led under a
+rod, over a guide, round and between the rollers, and round a glass
+peg. For wet doubling, a trough containing water is placed behind
+the rollers, and the yarn passes beneath a glass rod in the water,
+thence over a guide, beneath, between and over the rollers to the
+spindles. By the Scotch system the trough is placed below the
+rollers, and the bottom roller is partly immersed in water. It is
+claimed that this system wets the fibres more thoroughly than the
+English one. For the purpose of twisting the strands together the
+spindles may be provided either with flyers, as in throstle spinning,
+or with rings and travellers, as in ring spinning. The twist is generally
+in the opposite direction to that in the single threads. When
+more than three strands are required in a compound thread it is
+customary to pass the material more than once through the doubler,
+as, for example, in a sixfold thread, two strands may be first twisted
+together in the same or in the opposite direction to the spinning
+twist; after which the once-doubled thread is &ldquo;cleared,&rdquo; folded, and
+three strands of twofold yarn are twisted in the opposite direction
+to that employed in the first operation. In some machines folding
+and twisting proceed simultaneously, and some are furnished with
+an automatic stop motion. But when twisting two threads together
+to oppose the spinning twist, the failure of one causes the other to
+untwist and break, therefore, under such circumstances a stop
+motion is unnecessary.</p>
+
+<p>Intermittent doublers are known as twinners, and these are of
+two kinds, namely, English and French. In the former the spindles
+are fitted in a stationary rail, but the creel, containing the cops or
+ring spools, is mounted upon a carriage and moves in and out, as in
+Hargreaves&rsquo; spinning jenny (see <span class="sc">Spinning</span>). French twinners have a
+stationary creel, and the spindles move in and out with the carriage,
+as in the spinning mule. The material to be folded is often subjected
+to the action of steam in order to render it less resilient, after which
+it is mounted upon skewers in the creel, and two or three threads are
+passed to each spindle to be twisted together and formed into a cop.
+Between the creel and the spindles all the strands are kept equally
+tense by drawing them over flannel-covered boards and under porcelain
+weights. For wet doubling, the strands pass through a trough
+containing water, and the flannel surfaces are also wet.</p>
+
+<p><i>Clearing</i>.&mdash;After the first, or the final, doubling it is often necessary
+to remove lumps, imperfect knots and loose fibres from a thread.
+This is accomplished by passing each through a slit, or clearer, whose
+width is adjusted to the diameter of the thread to be treated. By
+this means anything which gives a thread abnormal bulk will be
+prevented from passing the slit. Once through the slit, a thread
+is coiled upon a friction-driven, double or single-headed bobbin.
+If the former, the coils are evenly laid; if the latter, they are disposed
+into a bottle shape. Or, again, cheeses may be wound.</p>
+
+<p><i>Gassing</i>.&mdash;In cases where a thread with a smooth surface is required
+the extending ends of fibres must be burned off. Thus:
+each thread from a creel is drawn over a tension rod to two freely
+mounted pulleys, having parallel grooves cut in their surfaces and
+axes in the same horizontal plane. After bending a thread forward
+and backward in the grooves of both pulleys, it passes through a
+Bunsen flame and is coiled upon a tube, which is held against the
+face of a rotating drum, while a vibrating guide distributes the thread
+across the tube. The gas-burner is situated midway between the
+grooved pulleys, and so mounted beneath the thread that it will
+automatically swivel sideways and thus move the flame away from
+a stationary thread. Winding begins slightly before the flame
+moves beneath a thread, and the rapid motion of the latter permits
+the flame to burn off undesirable matters without injuring the
+thread.</p>
+
+<p><i>Reeling</i>.&mdash;Doubled or gassed yarn may be wound upon warpers&rsquo;
+bobbins and made into warps for the loom, or it may be reeled into
+<span class="pagenum"><a name="page307" id="page307"></a>307</span>
+hanks for the preparing and finishing processes. But a reel hanks
+yarns for bleaching, dyeing, printing, polishing and bundling, and
+is adapted for cops, ring spools, doubling bobbins or cheeses. From
+cops, ring spools and cheeses the yarn is usually drawn over one
+end, but flanged bobbins are mounted upon spindles and the yarn is
+drawn from the side. A reel has a circumference of 54 in., and after
+making 80 or 560 revolutions it automatically stops; the first gives
+a lea of 120 yds. and the last a hank of 840 yds. For grant reeling,
+however, a hank may be from 5000 to 10,000 yds. long. Reeling is
+of two kinds, namely, open and crossed. Open reeling forms <span class="correction" title="amended from leas">lease</span>,
+and seven of these are united in one hank by a lease band which
+retains the divisions. In cross reeling a thread is traversed over
+a portion of the reel surface by a reciprocating guide to form a
+hank without divisions. On the completion of a set of hanks
+the reel is made to collapse and thus facilitate the removal of the
+yarn.</p>
+
+<p><i>Bundling Press</i>.&mdash;Hanks are made into short or long bundles,
+each weighing 5 or 10 &#8468;. In short bundles it is usual to form
+groups of ten hanks, and these are twisted together, folded and
+compressed into bundles; but in long bundles the hanks are compressed
+without being folded. A press consists of a strong table upon
+which a box, with open ends, is formed. The bottom of this box
+is grooved transversely and made to rise and fall by wheel gearing
+or by eccentrics. The sides and top are made of vertical and horizontal
+bars, set to coincide with the grooves in the bottom. To
+one set of vertical bars a similar number of horizontal top pieces are
+hinged, and to the other set levers are jointed, which hold the horizontal
+bars in position. When the hinged bars are turned up, strings
+are drawn through the grooves, and the bottom is covered with stout
+paper. The hanks are then laid in the box, another paper is placed
+above them, and the hinged bars are drawn down and locked. The
+bottom then rises a predetermined distance, and automatically
+stops. While in this position the strings are tied, the bottom of
+the press next descends, and the bundle is removed.</p>
+</div>
+<div class="author">(T. W. F.)</div>
+
+
+<hr class="art" />
+<p><span class="bold">COTYS<a name="ar32" id="ar32"></a></span>, a name common to several kings of Thrace. The most
+important of them, a cruel and drunken tyrant, who began to
+reign in 382 <span class="scs">B.C.</span>, was involved with the Athenians in a dispute
+for the possession of the Thracian Chersonese. In this he was
+assisted by the Athenian Iphicrates, to whom he had given his
+daughter in marriage. On the revolt of Ariobarzanes from
+Persia, Cotys opposed him and his ally, the Athenians. In
+358 he was murdered by the sons of a man whom he had
+wronged.</p>
+
+<div class="condensed">
+<p>See Cornelius Nepos, <i>Iphicrates</i>, <i>Timotheus</i>; Xenophon, <i>Agesilaus</i>;
+Demosthenes, <i>Contra Aristocratem</i>; Theopompus in Müller, <i>Fragmenta
+Historicorum Graecorum</i>, i.</p>
+</div>
+
+
+<hr class="art" />
+<p><span class="bold">COUCH, DARIUS NASH<a name="ar33" id="ar33"></a></span> (1822-1897), American soldier, was
+born at South East, Putnam county, N.Y., on the 23rd of July
+1822, and graduated from West Point in 1846, serving in the
+Mexican war and in the war against the Seminole Indians. He
+left the army in 1855, but soon after the outbreak of the civil war
+he was made a brigadier-general U.S.V. He served as a divisional
+commander in the battles of the Army of the Potomac in 1862,
+and at Fredericksburg (December 1862) and Chancellorsville
+(May 1863) he commanded the II. corps. He had been made
+a major-general U.S.V. in July 1862. During the Gettysburg
+campaign he was employed in organizing the Pennsylvanian
+militia, and he subsequently served in the West, taking part in the
+battle of Nashville, and in the final operations in the Carolinas.
+He left the army after the war. General Couch died on the 12th
+of February 1897 at Norwalk, Connecticut.</p>
+
+
+<hr class="art" />
+<p><span class="bold">COUCY, LE CHÂTELAIN DE<a name="ar34" id="ar34"></a></span>, French <i>trouvère</i> of the 12th
+century. He is probably the Guy de Couci who was castellan of
+the castle of that name from 1186 to 1203. Some twenty-six
+songs are attributed to him, and about fifteen or sixteen are
+undoubtedly authentic. They are modelled very closely on
+Provençal originals, but are saved from the category of mere
+imitations by a grace and simplicity peculiar to the author.
+The legend of the love of the Châtelain de Coucy and the Lady
+of Fayel, in which there figures a jealous husband who makes his
+wife eat the heart of her lover, has no historical basis, and dates
+from a late 13th century romance by Jakemon Sakesep. It is
+worth noting that the story, which seems to be Breton in origin,
+has been also told of a Provençal troubadour, Guilhem de Cabestaing,
+and of the minnesinger Reinmar von Brennenberg. Pierre
+de Belloy, who wrote some account of the family of Couci, made
+the story the subject of his tragedy <i>Gabrielle de Vergy</i>.</p>
+
+<div class="condensed">
+<p>The songs of the Châtelain de Coucy were edited by Fritz Fath
+(Heidelberg, 1883). For the romance see Gaston Paris, in the <i>Hist.
+litt. de la France</i> (vol. 28, pp. 352-360). An exquisite song, &ldquo;Chanterai
+por mon courage,&rdquo; expressing a woman&rsquo;s regrets for her lover at the
+Crusade, is attributed in one MS., probably erroneously, to the Lady
+of Fayel (<i>Hist. litt.</i> xxiii. 556). An English metrical romance of
+&ldquo;The Knight of Curtesy,&rdquo; and the &ldquo;Fair Lady of Faguell,&rdquo; was
+printed by William Copland, and reprinted in Ritson&rsquo;s <i>Eng. Metrical
+Romances</i> (ed. E. Goldsmid, vol. iii., 1885).</p>
+</div>
+
+<hr class="art" />
+
+
+
+
+
+
+
+
+
+<pre>
+
+
+
+
+
+End of the Project Gutenberg EBook of Encyclopaedia Britannica, 11th
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+</pre>
+
+</body>
+</html>
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