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 521 of Trustees for Manufactures invited Nicholas D’Assaville A-D. 1659 along with experienced weavers of cambric and their families ’ to come and settle. They established themselves in a suburb of Edinburgh, on the road to Leith, and the site of the little colony is commemorated by the mame Picardy Place. In putlle 1758, Parliament voted £3,000 a year for nine years to ! propagate this trade in the Highlands; and such success attended these efforts that, in 1800, the Board thought it unnecessary to open a spinning school in Caithness, as the art was generally understood and there were so many opportunities for learning it? In 1746 an Edinburgh gas Company had been chartered under the name of the British ment of Linen Company. The Company's principal mode of operation credit. was by advancing ready money to the manufacturers, and they thus came to devote themselves to ordinary banking business, outside the limits of the special trade they had intended to subserve at first. The development of the credit system in Scotland and the growth of the linen industry went on hand in hand. Under these various encourage- ments the Scotch linen trade increased rapidly; and, whereas the average annual production from 1728 to 1732 was only three and a half millions of yards, it had reached just double the amount in 1750% It must be remembered that, in this matter, Scotland was at a very great advantage as compared with Ireland, as from 1707 onwards the Northern Kingdom shared in all the advantages of English commerce? and the Glasgow merchants were anxious that no step should be taken which would have curtailed their privileges. Under Scottish ‘inen had better recess to foreign markets whan risk. 1 See above, p. 330 n. 5. 2 Bremner, 219. 8 Macpherson, mx. 289. ¢ Ireland was only permitted to export her linen direct to the American Plantations. 8 and 4 Anne, c. 8. 5 Compare the debate in 1778. Parl. Hist. xx. 1117. Also Burke's letters to Bristol Merchants, ¢b. 1100. “Trade is not a limited thing; as if the objects of mutual demand and consumption could not stretch beyond the bounds of our jealousies. God hes given the earth to the children of men, and he has un- doubtedly, in giving it to them, given them what is abundantly sufficient for all their exigencies; not a scanty, but a most liberal provision for them all. The author of our nature has written it strongly in that nature, and has promulgated the same law in his written word, that man shall eat his bread by his labour; and I am persuaded, that no man, and no combination of men, for their own ideas of their particular profit, can, without great impiety, undertake to say, that he shall aot do so: that they have mo sort of right, either to prevent the labour, or to

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