§ 72. Mr. Osborneasked the President of the Board of Trade if he is aware that in the Lancashire cotton spinning trade there is a price ring, whereas in the Yorkshire 111W woollen spinning industry no similar restraint of trade exists; and since there is more unemployment in the cotton than in the wool spinning industry, despite the greater fall in the price of raw wool, if he will investigate the cotton spinning price agreement and, if necessary, place the matter before the Monopolies Commission.
§ Mr. P. ThorneycroftI will bear this in mind in considering matters for reference to the Commission.