Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.558418
Title: The development of the British cotton industry, 1780-1815
Author: Edwards, Michael Martin
Awarding Body: London School of Economics and Political Science (University of London)
Current Institution: London School of Economics and Political Science (University of London)
Date of Award: 1965
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Abstract:
We first summarise the principal trends and fluctuations in the development of the cotton industry from 1780 until 1815, bringing out for discussion the effects of the French and American wars on the various sections of the industry. We then examine the home and overseas markets for cottons, assessing their major characteristics, their relative importance, and the types of goods in demand. The main sources of cotton wool are analysed, showing how and why supply adjusted itself to demand, highlighting the pressure-group activities of merchants and manufacturers who made their requirements known to the government, and the manner in which the latter responded by encouraging those in the plantations to step-up production. The beginnings of commercial cotton growing in the United States are also described. The methods of marketing cotton wool are outlined. The emergence of Liverpool as the premier port for the importation of cotton is traced, and the chain of distribution from the importers, through the dealers and brokers, to the spinners, is analysed. The markets, the methods of marketing yarn and cloth, and the links between the spinner, weaver, finisher, and the consumer, are also investigated. A survey of fixed and working capital is given. This involves a description of factories, machines, equipment, and motive power at work in the industry, and a summary of the methods used to finance them. The balance sheets of various firms are examined to show the relative importance of fixed and working capital, and the contribution of bankers and bills of exchange to the development of the industry are assessed, and an indication given of the methods of granting credit, settling accounts, and paying wages.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.558418  DOI: Not available
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