Lancashire Cotton Corporation
Many spinning mills and weaving sheds had closed down, the stock market had crashed and a general slump was affecting western economies.It promoted the establishment of a quasi-governmental authority, to be called the Lancashire Cotton Corporation (LCC), which was set up in 1929, headed by Sir Kenneth Dugald Stewart.The aim was to win back export markets, and thus save some of the Lancashire industry; but this failed, its customers were in the main domestic.It was for £2 million six-year 6.5% First Mortgage Debenture Stock and in the event, though competitively priced, 96% was left with the underwriters, The Sun Insurance Office.[2] In the 1944 Platt Report, he emphasised the labour productivity gap between the British and American mills, and argued that the United Kingdom should reorganise on their vertical model.After the war the Lancashire Cotton Corporation sold the hall to a trust in 1946, under which it became a training college for Catholic teachers under the De La Salle Brothers.Between December 1962 and April 1963 Courtaulds, ICI and the five textile companies concerned together examined the Northern Project in detail, but a financial agreement was not reached.
Sir K. D. StewartEnglandBank of EnglandLancashirespinning53 operating millsCourtauldsspinning millsweaving shedsstock marketSir Kenneth Dugald Stewartspindlecentral planningThe TimesCotton Spinning Act 1936Hopwood HallDe La Salle BrothersImperial Chemical IndustriesCotton Industry Act 1959Combined English Mills (Spinners)English Sewing Cotton CompanyFine Spinners & DoublersTootalsBoard of TradeList of mills owned by the Lancashire Cotton Corporation LimitedWayback MachinePilot Mill, Bury Wilton Mill, Radcliffe Ainsworth Mill, Breightmet Bolton Union Mill, Bolton Century Mill, Farnworth Coppull MillImperial Mill, Blackburn Mavis MillBrunswick Mill, Ancoats Monton Mill, Eccles Ace Mill, Hollinwood Blackridings Mill, Oldham Dawn Mill, Shaw Fox Mill, Hollinwood Hawk Mill, Shaw Heron Mill, Hollinwood Junction Mill, Middleton Junction Kent Mill, Chadderton Laurel Mill, Middleton Junction Magnet Mill, Chadderton Majestic Mill, Waterhead Manor Mill, Chadderton Newby Mill, Shaw Orme Mill, WaterheadRegent Mill, Failsworth Royd Mill, Oldham Royton Ring Mill, Royton Rutland Mill, ShawTextile Mill, Chadderton Trent Mill, Shaw Arkwright Mill, Rochdale Harp Mill, CastletonMalta Mill, Middleton Mars Mill, CastletonElder Mill, Romiley Kingston Mill, Stockport Palmer Mills, Stockport Vernon Mill, Stockport Welkin Mill, Lower Bredbury Atlas Mill, Ashton-under-Lyne Cedar Mill, Ashton-under-Lyne Rock Mill, Ashton-under-Lyne Saxon Mill, Droylsden Stalybridge Mill, Stalybridge Texas Mill, Ashton-under-Lyne Tudor Mill, Ashton-under-Lyne Waterside Mill, Ashton-under-Lyne Empress Mill, Ince May Mill, PembertonTrencherfield MillFoxsons Mill, StaincliffeMons Mill, Todmorden cottonDavid BellhouseBradshaw Gass & HopeF.W. Dixon & SonEdward PottsStott and SonsSidney Stott (later Sir Philip)Daniel AdamsonBoulton & WattBrowett, Lindley & CoBuckley & TaylorCarels FrèresClayton, Goodfellow & CoFairbairnW & J Galloway & SonsB. Hick and Sons / Hick, Hargreaves & CoJohn Musgrave & SonsJ & W McNaughtPetrie of RochdaleWilliam Roberts & Co of NelsonGeorge SaxonScott & HodgsonUrmson & ThompsonYates & Thom / Yates of BlackburnWillans & RobinsonJ & E WoodWoolstenhulmes & RyeBrooks & DoxeyButterworth & DickinsonCurtis, Parr & WaltonDobson & BarlowJohn Hetherington & SonsJoseph HibbertJohn Pilling and SonsHoward & BulloughGeo. HattersleyAsa LeesMather & PlattParr, Curtis & MadelyBritish Northrop Loom CoPlatt BrothersTaylor, Lang & CoTextile Machinery MakersTweedales & SmalleyT. Wildman & SonsElkanah ArmitageHenry Ashworth