COTTON SPINNERS AND MANUFACTURERS' INTERNATIONAL FEDERATION. The International Federation of Master Cotton Spinners' and Manufacturers' Asso ciations was established in 1904 to watch over and protect the common interests of the cotton industry of the world, and to advise the affiliated associations of actions to be taken against any common danger. The means employed for carrying out this purpose are (I) The holding of congresses of delegates representing all countries affiliated to the federation.
(2) The appointment of a committee of management, which controls the work and expends the moneys of the federation under the instruction of the congress, distributes information of practical value in improving the conditions of the cotton trade, and assists in the formation, strengthening and assimilating of associations in all spinning and manufacturing centres.
The following countries are affiliated to the Federation : Austria, Czechoslovakia, Denmark, Britain, France, Germany, Holland, Hungary, India, Italy, Japan, Norway, Portugal, Spain, Sweden, Switzerland, Belgium, Finland, also China, Egypt and Estonia. Thus the greater part of the world's cotton industry is repre sented.
The principal questions of mutual interest to all the cotton countries are those connected with the supply of raw cotton. To stimulate cotton-growing, missions have visited, under the auspices of the federation, the United States, India, Egypt, Sudan, Brazil, and Colombia. The federation's half-yearly statistics on cotton mill consumption and stocks are recognized throughout the world. It is of special interest to add that panels of arbitrators to deal with disputes arising out of yarn or cloth transactions have been set up; a significant international trade development. Thirteen international cotton congresses had been held down to 1927 under the auspices of the federation. The International Cotton Bulletin is published quarterly.