The Lancashire Cotton Corporation was a company set up by the Bank of England in 1929, to rescue the Lancashire spinning industry by means of horizontal rationalisation. In merged 105 companies, ending up in 1950 with 53 operating mills. It was bought up by Courtaulds in August 1964.
Other articles related to "cotton, lancashire cotton corporation":
... It may have left cotton in 1818 ... and then George Cheetham and Sons (1920) Ltd worked the mill until 1930 when it was sold to the Lancashire Cotton Corporation which closed it in 1935, and the buildings ... They were all sold to the Lancashire Cotton Corporation in 1930 and been closed ...
... Greater Manchester portal List of mills owned by the Lancashire Cotton Corporation Limited ...
Famous quotes containing the words corporation and/or cotton:
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (18171862)
“The white American man makes the white American woman maybe not superfluous but just a little kind of decoration. Not really important to turning around the wheels of the state. Well the black American woman has never been able to feel that way. No black American man at any time in our history in the United States has been able to feel that he didnt need that black woman right against him, shoulder to shoulderin that cotton field, on the auction block, in the ghetto, wherever.”
—Maya Angelou (b. 1928)