Chapel Hill: University of North Carolina Press, 1930. First Edition. Volume by the UNC Professor of Applied Economics on the plight of the cotton textile industry during the Great Depression. "In spite of a growing market, in spite of better management, better machinery, and constant technical progress, the industry suffers today from an inability to make adequate returns either to capital or labor" (from front panel). First Printing. Octavo (21.5cm); blue cloth, with titles stamped in gilt on spine; dustjacket; xii, 190pp. Faint foxing to upper edge of textblock, else Fine and clean throughout. Dustjacket is unclipped (priced $2.00), spine-sunned and lightly shelfworn, with a few small nicks and tears; Very Good+.