COTTON TRADE ACTIVITY.
[TO THE EDITOR OF THE "SPECTATOR."]
Six,—About a year or so ago leading Tariff Reformers said the then activity of the cotton trade was a flash in the pan. I was allowed to express an opposite opinion in your columns. What do we see to-day P Spinning and weaving extensions on every hand in Lancashire. This week it has been decided to erect ten more mills to hold one million spindles, costing to equip close upon £1,300,000. The list for the past three years or so is ninety factories, valued at fully ten millions sterling. Of looms I say nothing; but where is there a village in the County Palatine that is not increasing its machinery ? I may add that labour is already inconveniently scarce, and I fear an acute stage in this matter will be reached before next
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