Chamber's Encouraging Report
The board of directors of Manchester Chamber of Commerce in a report issued last Wednesday stated that the feeling of quiet confidence with which 1935 opened had become stronger with the passing of each nzonth.
There seemed to have developed a clearly discernible change in the outlook of the Manchester business community.
" In matters connected with the cotton trade," continued the report, " there is no longer evidence of a tendency which was present some years ago to wait for what was often described as a • return to old times.'
" There is instead a highly realistic acceptance of changed conditions, coupled with the determination on the parts both of the community and of the individual to grapple with the new problems involved.
All-Round Confidence
" There is also a general quickening of the pulse of enterprise and of confidence in other sections of trade besides cotton, and a widespread realisation that during the period of contraction in the cotton trade too much that was pessimistic was said about Manchester, , greatly to her detriment.
" The Manchester trade missions to India, Canada, and Australia constitute an indication of the frame of mind of the community, which is further illustrated in the numerous commercial and industrial buildings being erected in Manchester and district, and in the frequent reports of new industries settling in the area."