“Housewives all over the country will learn with interest,” says the “Daily Chronicle” (7.11.1919) “that Messrs. J. and P. Coats, the huge Paisley cotton and thread manufacturers, yesterday disclosed the fact that in their last year’s trading they made a profit of close upon four millions sterling ! This profit was made after paying excess profits duty, which probably runs into hundreds of thousands of pounds.”


And now does anybody doubt that higher wages means a 7½d. reel of cotton ?

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