Solar, Peter M and Lyons, John S (2009): The English cotton spinning industry, 1780–1840, as revealed in the columns of the London Gazette.
Download (310Kb) | Preview
We investigate the early development of English cotton spinning by analyzing about 700 bankruptcies and 1300 dissolutions of partnership reported in the London Gazette, 1770–1840. The data show two temporal cycles, peaking in the early to mid-1800s and in the later 1820s, near the ends of investment booms. Both earlier peaks were absolutely higher than the later, despite industry growth. Over time both bankruptcies and dissolutions show the concentration of spinning in greater Lancashire, and within greater Lancashire in the surrounding towns rather than in Manchester. The industry was dominated by single proprietors or firms with only two partners and integration with weaving was steadily increasing. The paper demonstrates the potential of the Gazette, now searchable online, as a source for business and industrial history.
|Item Type:||MPRA Paper|
|Original Title:||The English cotton spinning industry, 1780–1840, as revealed in the columns of the London Gazette|
|Keywords:||English industry; cotton spinning; bankruptcy; partnership dissolution; industrial revolution; spatial distribution of firms; vertical integration|
|Subjects:||N - Economic History > N6 - Manufacturing and Construction > N63 - Europe: Pre-1913
N - Economic History > N9 - Regional and Urban History
N - Economic History > N6 - Manufacturing and Construction
N - Economic History > N9 - Regional and Urban History > N93 - Europe: Pre-1913
|Depositing User:||John S. Lyons|
|Date Deposited:||26. May 2009 11:02|
|Last Modified:||15. Feb 2013 22:15|
Ashton, T.S. (1955). An economic history of England: the eighteenth century. London: Methuen.
Aspin, C. (2003). The water spinners. Helmshore: Helmshore Local History Society.
Baines, E. (1835). History of the cotton manufacture in Great Britain. London: H. Fisher, R. Fisher, and P. Jackson. [Second edition, with an introduction by W.H. Chaloner, London: Frank Cass, 1966.]
Boyson, R. (1970). The Ashworth cotton enterprise: the rise and fall of a family firm 1818–1880. Oxford: Clarendon Press.
Chapman, S.D. (1970). Fixed capital formation in the British cotton industry, 1770–1815. Economic History Review, 23(2), 235–66.
Chapman, S.D. (1971). Fixed capital formation in the British cotton manufacturing industry. In J. P. P. Higgins & S. Pollard (Eds.), Aspects of capital investment in Great Britain 1750–1850: A preliminary survey (pp. 57–107). London: Methuen & Co.
Chapman, S.D. (1981–1982). The Arkwright Mills—Colquhoun’s census of 1788 and archaeological evidence. Industrial Archaeology Review 6(1), 5–27.
Chapman, S.D. (1987). The cotton industry in the Industrial Revolution. 2nd ed. London: Macmillan & Co.
Chapman, S., and Butt, J. (1988). The cotton industry, 1775–1856. In C.H. Feinstein & S. Pollard (Eds.), Studies in capital formation in the United Kingdom, 1750–1920 (pp. 105–125). Oxford: Clarendon Press.
Crouzet, F. (1985). The first industrialists: the problem of origins. Cambridge: Cambridge University Press.
Deane, P., and Cole, W.A. (1967). British economic growth 1688–1959: trends and structure. 2nd ed. Cambridge: Cambridge University Press.
Duffy, I.P.H. (1980). English bankrupts, 1571–1861. American Journal of Legal History 24(4), 283–305.
Duffy, I.P.H. (1985). Bankruptcy and insolvency in London during the Industrial Revolution. New York; London: Garland Publishing.
Ellison, T. (1886). The cotton trade of Great Britain. London: E. Wilson. [Reprinted, London: Frank Cass, 1968.]
Farnie, D. (2003). Cotton, 1780–1914. In D. Jenkins (Ed.), The Cambridge History of Western Textiles (vol. II, pp. 721–60). Cambridge: Cambridge University Press.
Fitton, R.S. (1989). The Arkwrights: spinners of fortune. Manchester: Manchester University Press.
Fitton, R.S., and Wadsworth, A.P. (1958). The Strutts and the Arkwrights, 1758-1830. Manchester: Manchester University Press.
Gayer, A.D., Rostow, W.W., & Schwartz, A.J., with the assistance of I. Frank (1953). The growth and fluctuation of the British economy, 1790–1850: An historical, statistical, and theoretical study of Britain’s economic development. 2 vol. Oxford: Clarendon Press. [Published with a microfilm supplement.] [Printed volumes reissued Hassocks: Harvester, 1975, with a new preface by W.W. Rostow and A.J. Schwartz.]
Hall, N. (2001). The emergence of the Liverpool raw cotton market, 1800–1850. Northern History 38(1), 65–81.
Handover, P.M. (1965). A history of the London Gazette 1665–1965. London: H. M. Stationery Office.
Hoppit, J. (1987). Risk and failure in English business 1700–1800. Cambridge: Cambridge University Press.
Ingle, G. (1997). Yorkshire cotton: the Yorkshire cotton industry, 1780–1835. Preston: Carnegie Publishing.
Ishizu, M. (2008). Commercial finance during the Industrial Revolution: a study of local, national and international credit, 1800–1844. Paper presented at Economic History Society Conference, Nottingham (March).
Lee, C.H. (1972). A cotton enterprise 1795–1840: A history of M‘Connel & Kennedy fine cotton spinners. Manchester: Manchester University Press.
Lee, C.H. (1980). The cotton industry. In R. Church (Ed.), The dynamics of Victorian business: Problems and perspectives (pp. 161–180). London: Allen & Unwin.
London Gazette, 1780–1840
Lyons, J.S. (1985). Vertical integration in the British cotton industry, 1825–1850: A revision. Journal of Economic History, 45(2), 419–425.
Manchester Mercury, 1800–1806
Marriner, S. (1980). English bankruptcy records and statistics before 1850. Economic History Review 33(3), 351–366.
Matthews, R.C.O. (1954). A study in trade-cycle history: economic fluctuations in Great Britain 1833–42. Cambridge: Cambridge University Press.
Mitchell, B.R., with P. Deane (1962). Abstract of British historical statistics. Cambridge: Cambridge University Press.
Moss, M.S., & Hume, J.R. (1983). Business failure in Scotland 1839–1913: a research note. Business History 25(1), 3–10.
Rose, M.B. (1986). The Gregs of Quarry Bank Mill: The rise and decline of a family firm, 1750–1914. Cambridge: Cambridge University Press.
Silberling, N.J. (1923). British prices and business cycles, 1779–1850. Review of Economic Statistics 5(supplement 2, October), 223–261.
Thomas, J. (1982). The ‘London Gazette’ and the local historian. Local Historian 15(4), 212–217.
UK Parliament (1836). A return of the number of persons employed in the cotton, woollen, worsted, flax and silk factories of the United Kingdom. 1836 XLV: 138.
UK Parliament (1839). A return of all the…cotton, woollen, worsted, flax and silk factories of the United Kingdom. 1839 XLII: 41.
UK Parliament (1843). Factories, United Kingdom, 1839. 1843 LVI: 494.
Unwin, G. (1924), with chapters by A. Hulme and G. Taylor. Samuel Oldknow and the Arkwrights: The Industrial Revolution at Stockport and Marple. Manchester: Manchester University Press. 2nd ed., with introduction by W.H. Chaloner, New York: Augustus M. Kelley, 1968.
Wyke, T., & Rudyard, N. (1997). Cotton: a select bibliography on cotton in north west England. Manchester: Bibliography of North West England.
Young, C. (1991). An assessment of Scottish sequestrations as a source in historical analysis. Journal of the Society of Archivists 12(2), 127–135.