31 AUGUST 1929, Page 2

We confess we do not altogether like this bashfulness, and

we are not surprised that within the industry itself the finding of the Board has had a very mixed -reception. Cotton is certainly a sensitive plant, but fresh air never did harm to any growing organism. The Editor of the Lancashire Daily Post, writing last Sunday in the Observer, applied a salutary douche of common sense to both the operatives, who expect magic from the Graham. Committee of Inquiry, and to the master spinners, who imagine the good old days to be waiting round ,:the, corner. As he says, the only cure is "hard co79perative effort in an industry drastically reorganized from mutually destructive .small units to a big combine basis." And, as we said recently, our cotton magnates will have to put their pride in their pocket and take lessons in Rationalization from Japan.