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.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.