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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TORY SENTIMENTS 607 » Triy 5 ! rerfitit ; Hi ii tel es @ a a standings about credit, both in the principles of the Sinking Fund, and in forcing on the Suspension of Cash payments? He seemed to inherit not only the principles but the weak- nesses of Tory finance, Under Pitt's peace administration, the application of these Tory principles was not unfavourable to English in- dustry, but the old jealousy between the landed and the The Tory moneyed interest was by no means extinct. Industry was a ou assuming capitalist forms, and there was much in the new 75reved development of manufacturing that jarred upon Tory senti- ment. The country gentleman cherished a suspicion that his interests had always been subordinated to those of some trade; in the pasture countries, he had grumbled at the measures which were intended to keep down the price of wool; in woodland districts, he had felt aggrieved because the iron-masters were permitted to dispense with his fuel in smelting and to import bar-iron from the colonies. The capitalist, who succeeded in getting these necessary materials cheap, was his natural enemy; and the landed men were all the more ready to give credence to complaints in regard was asso: to the moneyed men’s attitude towards labourers. That Fame personal property contributed little towards the relief of iran the poor was clear; while there was some reason to suppose that the development and migration of manufactures were largely responsible for the continued difficulties in regard to pauperism. The callousness of the trading interest beyond the sea to the distresses of kidnapped servitors and the miseries of the slave trade, gradually roused a philanthropic i regard sentiment, which was eventually to exercise a powerful in- 2 ls fluence on the condition of labour at home. This was perhaps the most wholesome form which the immemorial jealousy of the landed for the moneyed interest had taken, but it is not a mere accident that so much of the humani- tarian activity of the eighteenth and early nineteenth centuries should have emanated from the Tory camp. Samuel Johnson was one of the earliest and most vehement opponents of the slave trade, and it was at the table of his L See below, p. 696. See p. 692 below.

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