ABSTRACT
THE cotton industry illustrates aspects of post-war history quite different from those brought up in our studies of shipbuilding and house-building. Before the war it supplied, broadly speaking, the whole of our domestic needs; "but for the absorption of at least three-fourths of its production it was dependent upon its export markets ".1 Hence for our present purpose the interest of the cotton industry is focussed upon its activity for exports, and this chapter will be concerned only with that.
