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

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CAPITAL AND THE PLANTING OF NEW INDUSTRIES 519 industriest. The migration of the silk industry, from Canter- 4D. 1689 bury to London, is not improbably connected with the greater freedom for capitalist organisation which seems to have by the characterised the trade in Spitalfields. There is evidence jon or a8 to a certain amount of capitalist oppression in the fact capitalists that systematic protection was accorded by the Spitalfields Acts?; but on the other hand, the industry in the country advanced through the enterprise of those who introduced and intro. : v . ss. duction of machinery driven by water-power for silk-throwing®; the machinery. silk-weaving in Cheshire appears to have been benefited by these facilities for obtaining materials. The infusion of new trades was a very striking industrial development at this date, and it certainly gave an increased importance to capitalist manufacturers as a class. The importance of capitalist employers in this connection comes out in the story of the linen manufacture, in its various branches. The manufacture of sailcloth, in which Gopity . . . was sub- Burleigh had been particularly interested, was at last scribed for aaturalised through the energy of M. Bonhomme¢, who had Te recently started the trade on French soil. Capital for his “ot undertaking was provided by the elders of the French Church in Threadneedle Street. A joint-stock Company® was created, with Dupin® at its head, to carry on the linen industry, which had never flourished in England’. The new i In Holland the old trades maintained their domestic character and gild organisation all through the seventeenth century, but the trades which were introduced by immigrants were for the most part established on capitalist lines. Pringsheim, Beitrage, pp. 32, 40. 2 18 Geo. III. ¢. 68. It is possible that the migration of silk-weaving to Taunton was due to an attempt on the part of employers to evade these Acts. Cunningham, Alien Immigrants, 236. As regards the silk-manufacture in the Essex district, which fell within the Spitalfields Act, it appears that the employers would be able to obtain the services of weavers on easy terms in districts where woollen weaving had decayed. 8 Sir T. Lombe’s machine was copied from an Italian model and attracted much interest when it was set up at Derby in 1718. Rees, Encyclopedia, 8.v. Brlk manufacture. ¢ Cunningham, Alien Immigrants, 239. 5 Its failure, like that of the Royal Lustring Company, was attributed to Stock Exchange speculation (Angliae Tutamen, 24). A joint-stock company with a capital of £100,000 was formed to carry on the manufacture of fine cambries in England in 1764. 4 Geo. III. ¢c. 37. + See Molyneux’ Letters to Locke, in Locke's Works, vim. 389, 436, 448. i “The Linen Manufacture has been attempted at different Times and Places in Great Britain. as well as most of the Counties in England, on the North Side of

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