Ogden Evening Standard | 1912-05-11 | Page 10 | A Commercial Tidal Wave

A COMMERCIAL TIDAL WAVE Another way to reduce the cost of lhing. A quarrel between the British Brit-ish cotton factories and ther employes employ-es has resultod In the lockout and Idleness of something over 150,000 workers in cotton. Of course, tho factories have stopped buying raw cotton, and' this has reBult&A ia a big drop In tho price. Our own cotton factories will havo the advantage of this diop, and -nill be ablo to supply themselves with raw material at a considerably reduced late. In turn this should .give the consumer of cotton cot-ton fabrics In this ctfuntry considerably considera-bly cheaper cotton at tho expense of our own planters who will not be able to see any particular advantage in it. But our own cotton exports should take the place In many foreign markets mar-kets heretofore supplied by the English Eng-lish manufacturers, and there we should gain again. If we should bo able to hold tho markets temporarily gained, that would bo another compensation com-pensation gaiued at the cost of Eng- Innil T..t I. u -11 11 l ianu. .but it would all result in a decrease of the world's supply of cotton cot-ton and this again should incline the price of cotton fabrics upward, and our consumers would bo back where they wore originally. When any disturbance dis-turbance of the even course of industry indus-try and commerce takes place in any part of the world, tho diatui banco, Uko a stono thrown Into a pond, send3 waves of disturbance out In all directions direc-tions until the motion becomes universal uni-versal and all are shaken. It uoiild be Impobsiblo to reckon tho loss and gain nnd strike a balance for the human hu-man race when such things happen. On the whole it must be a not loss to tne worm at large. ueiroit rTec Press. on