SECRETS OF INDUSTRIAL SUCCESS 105

Keen
(4) It can not be denied that in Japan there were cases of cotton
being supplied at prices lower than those being quoted in the cotton
producing countries The total amount of cotton supplied at dump
ing prices has been less than a million yen throughout Japan If
viewed in the light of the huge consumotion of cotton in Japan, the
amount seems negligible But if it be viewed in the light of principle
and desirability, it is a serious matter The people concerned have
been trying to check such business transactions for a long time, the
amount diminishing year after year Such dumping transactions are
said to be brought about by keen competition among cotton dealers,
and pressure upon them from influential factories Small cotton
dealers ha\ e been eliminated from the field one after another by com
pctitive transactions and only large and fair dealers have survived
Such unfair competition is expected to be discontinued in the near
future
In the early stages of the modern Japanese textile industry, there
was a clear distinction between the products of big factories and small
mills, the former producing goods for export and the latter producing
goods for home consumption But \sith the remarkable growth of
the industry of late, especially the phenomenal development in the
line of export business during and after the World War, small mill
owners began to produce export goods as well as home supply goods
But as mentioned previously, because there vvas a difference in the
quality of the goods produced by small mills ana large factories, the
small mills were not able to conpete with the large factories in quality
of goods and have been trying to compete with them through cut
price sales Therefore the small mills have striven to find suitable
means of reducing costs, and it seems that they have been notably
successful One way of reducing costs at small mills has been to
abolish the winding of varns in frames, and twisting the bunches,
which means a waste of time and difficult unwinding a the weiv-