THE STORY OF ARTIFICIAL SILK
_—
It was being run by great-great-grandsons.
It had given Great Britain two-thirds of her
exports. It had been the chief means of
support of the British nation. It had bought
most of our food. No wonder it was non-
progressive. It had been successful, on its
old lines, for more than 125 years.
This vast cotton trade is now in trouble.
It has lost its control of foreign markets.
Other nations can produce the cheaper lines
at a lower cost. England has still 40 per
cent. of the spindles and 29 per cent. of the
looms, but they are not busy. We still
have 2,000 firms of cotton exporters, but not
many of them made a net profit in 192%.
At first, the cotton men regarded Artificial
Silk as an upstart and a dangerous competitor.
They scoffed at it. But in a few years they
looked at the figures and stopped scoffing.
They began to use it in their mills. The
more they used it, the more they increased
their sales. In 1927, American cotton mills
used 23,000,000 lbs. of it, an increase of
50 per cent .
It has been found that Lancashire cotton
looms can be adapted to weave Artificial
Th