18 JUNE 1921, Page 1

NEWS OF THE WEEK.

AS we write on Thursday there is, in the matter of our Labour troubles, a distinct increase of light on the horizon. Let us hope it is no false dawn. The first specific fact to record is that on Wednesday the negotiating committees on both sides cf the cotton dispute agreed on certain items of compromise, and on Thursday these went for ratification to the two organiza- tions. The Cotton operatives have for many years realized that they are partners with the employers in the industry, and this always takes from their controversies the special bitterness involved in disputes where this supreme economic fact is not understood. No doubt partners may quarrel very bitterly and may be unfairly treated in the division of profits. Still, no man who is a partner, whatever he may say, really wants to destroy his oten firm.