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.

THE WAR AND FLUCTUATIONS IN MARITIME INTERCOURSE 669 with steady growth. The progress which occurred was the A.D. 1776 outcome of a series of violent reactions; the alternations of anh periods of peace and war were continually affecting the con- id A ditions under which maritime intercourse could be carried on, facturing and business of every kind was highly speculative. That yalutivn large fortunes were made is true enough; but it is also true that, in such a state of affairs, all attempts to provide steady id tends) employment for the operatives, at regular wages, were doomed operatives’ bo failure, and the standard of life could not but be lowered. ji ¥ The minor fluctuations in the cloth trade, in the early part of the seventeenth century, had taxed the abilities of the ad- ministration, but the expansion and contraction, at the end of the eighteenth and beginning of the nineteenth century, were on a very much larger scale, and affected a far greater number of industries. It would be impossible to follow out these ramifications in detail ; we can only attempt to indicate the general effects which the wars of this period had, in interrupting, or diverting English commerce, and inducing financial disaster. [t does not appear that the immediate effects of the rupture The breach with the United States in 1776, were very much felt by the dmerican commercial community, or the industrial population. The colonists market for our manufactures there was closed; but there must have been an increased demand for the equipment of our armies. There was probably some difficulty about naval stores; but so long as supplies could be obtained from Canada, and from the Baltic, this can hardly have been serious. The mischief of the revolt only came home to Englishmen as the country was embroiled in incidental disputes with one after another of the European countries. The French were only too delighted to see the break-up of English power in America, and were ready to foment the quarrel. They were jealous of the magnificent maritime resources which had been revealed to the world, when the influence of Chatham was exerted on English policy; they feared that the French West Indies* would be swallowed up by the British monster, as Canada had been; and some of them anticipated that the rise of an independent state in the New 1 Lecky, England in the Eighteenth Century, Iv. 39.

Access restriction

Copyright

fullscreen: The Industrial Revolution

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation