Abstract

The September 1966 issue of this Journal contains a study by Professor Irwin Feller on the rate of adoption of the Draper Automatic Loom in the New England cotton textile industry. I have no quarrel with his central conclusions concerning the economic rationality of the New England cotton manufacturers. I do, however, have some comments on his analysis of the relative costs of producing cloth on plain (power) as opposed to automatic looms.

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