Publisher's Synopsis
Excerpt from Transactions of the Manchester Statistical Society: Session 1892-93; And Index
We have thus not only lost the home consumption in India of coarse yarns up to 24's and heavy domestics previously made in England, but our former customer is now a formidable competitor, doing an export trade which once was ours. Instead of our having 66 per cent of this trade, as shown in 1876 to 1881, we have in 1891 less than 21 per cent.
In accordance with the natural law of progress, Japan and China have now entered the list of producers, and are learning to do without Bombay manufactures, as Bombay has succeeded in doing-without us. How much the Bombay spinners dread this new competition in J apan is shown by the discussion on the sub jcet which appears weekly in the Times of India.
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