When President Roosevelt last fortnight declared by radio that 90% of the cotton textile industry was good-hearted at bottom, he was only indulging in squirely politeness. Last week the directors of Cotton-Textile Institute, Inc. plumped for a 40-hr, work week and an 80-hr. weekly limitation on mill operations. But George A. Sloan, the Institute's able young head, was able to muster only ten of the industry's 30 million spindles for the Institute's plan.* He announced that when he had mustered 20 million spindles he would ask Mr. Roosevelt to use the New Deal as...
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