Recent changes in the price level of different varieties of raw cotton have widened the price difference between Egyptian cotton and other growths. This may well affect the views of potential purchasers of British cotton goods made from Egyptian cotton, whether in America and Canada or elsewhere. It remains to be seen to what extent the increase in the price of goods made from Egyptian cotton relative to the price of goods made from other growths of cotton will exercise a check upon the sale of those goods. I may add that the Raw Cotton Commission has announced its readiness to allow spinners a measure of substitution of other growths, including American. The answer to the second part of the Question is "Yes, Sir."