The Industrial Revolution

Bibliographic data

Monograph

Identifikator:: 1027928145

URN:: urn:nbn:de:zbw-retromon-159926

Document type:: Monograph

Author:: Cunningham, William http://d-nb.info/gnd/128907487

Title:: The Industrial Revolution

Place of publication:: Cambridge

Publisher:: The University Press

Year of publication:: 1922

Scope:: xxii S., S. 404-886

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Document type:: Monograph

Structure type:: Contents

Collection:: Economics Books

CONTENTS rampant. The malpractice of the officials and the impoverished condition of the Company rendered public intervention necessary; the smaller pro- prietors were disfranchised, but the Company continued to manage its affairs ander a Board of Control. » " . ‘ “ . 3 + 463 20292, The Navigation Act and the Colonies. As the colonies grew, the Navigation Act supplied a suitable mechanism for controlling their traffic, so as to promote British industry, and to render England a staple for enumerated commodities. Great attention was given to the West India [slands, as a depdt for Mexican trade, and in connection with the slave trade. In this England was chiefly interested, as it helped to secure the economie flependence of the plantations, and the African market for manufactures. The traffic had disastrous results on the negroes, and was of doubtful sconomic advantage; but the treatment of slaves in the West Indies was improved by astricting them to particular estates. The Navigation Acts were injurious to the islands, but helped to stimulate shipbuilding in New England ; while British attempts to cut off Colonial intercourse with the French engaged in the Newfoundland fisheries, and with the French West. India Islands, gave rise to considerable grievance. . . . ¥ 471 223. Shipbuilding, Naval Stores, and Seamanship. While providing for the employment of shipping, the statesmen of the day maintained their care for fishing for herring and cod, and for whaling. Bounties were given on shipbuilding, and the colonists were encouraged by bounties to supply hemp and naval stores. Increased attention was devoted to improving the prospects of seamen in the Navy and Merchant Service, and to affording better facilities for protecting ships on our coasts, by erecting light-houses and improving harbours and charts, « . . . . . 483 224. Marine Insurance. The practice of marine insurance had been organised under Elizabeth, and was developed by the establishment of the London Assurance and Royal Exchange Assurance, as well as by the con- centration at Lloyd's Coffee House of under-writers, who refused to engage in Life Insurance. » . . - 48" XV. CHANGES IN THE ORGANISATION AND DISTRIBUTION OF INDUSTRY. 095. The Influence of Commerce on Industry. The fostering of industry was the prime object of economic policy during the period of Whig Ascendancy, and this aim is very defensible. As the materials needed in he established manufactures were limited, it seemed desirable to plant oxotic trades, such as silk-weaving, and others in which the Huguenots were killed. The dependence of industry on trade for materials and for sale, gave an impulse to the intervention of employers. The reconstruction of industry on capitalist lines may be effected so gradually as to be untraceable, but signs of the change are found in the nature of trade associations and trade disputes. In the clothing trade, the capitalist and domestic systems existed side by side, and each had advantages of its own; but the capitalist was in the best position for supervising workmen, gauging the market, and introducing machinery. . . . . . . . . 494 028. The Migration and Localisation of Industry. The changes which

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