ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bulls Tighten Grip

August 8, 1970 services will be utilised. This appears to be quite fair and reasonable. Import is a very profitable business. Foreign cottons have always commanded substantial premiums. Canalisation has much to commend itself and it can .make for economical operations; of "course, much would depend on the people who handle the job. The Corporation could easily exploit its monopoly position to cover its inefficient operations. But that would be most unfortunate, to say the least. For imports involve valuable foreign exchange. If the Corporation cannot handle efficiently imports which is a relative simple affair, how can one entrust it with the far more difficult task of taking over the complicated internal trade in cotton.

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