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Financing the Industrial Revolution1

Published online by Cambridge University Press:  24 July 2012

Herbert Heaton
Herbert Heaton
Affiliation:
University of Minnesota.
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Extract

Until recently, students of the Industrial Revolution of the 18th and 19th centuries concentrated on technological changes or on labor and social problems but neglected capital and the capitalist. Mantoux gave 160 pages to technology, 100 to labor, and only 34 to capital. Mrs. Knowles devoted 8½ pages out of 392 to capital, companies, and combinations. The Hammonds have given us volumes on the town laborer, the skilled laborer, and the village laborer, but we still lack the book Unwin once hoped they would write on the working life and ideals of the entrepreneur.

Type
Research Article
Information
Business History Review , Volume 11 , Issue 1 , February 1937 , pp. 1 - 10
Copyright
Copyright © The President and Fellows of Harvard College 1937

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References

2 E.g., Unwin, C., Samuel Oldknow and the Arkwrights (1023)Google Scholar; Ashton, T. S., Iron and Steel in the Industrial Revolution (1924)Google Scholar; Wadsworth, A. P., and Mann, J., The Cotton Trade and Industrial Lancashire (1931)Google Scholar.

3 Roll, E., An Early Experiment in Industrial Organization (1930)Google Scholar

4 Crump, W. B., The Leeds Woollen Industry, 1780–1820 (1931)Google Scholar

5 See the articles by B. C., Hunt in J. Pol. Econ., Feb. and June, 1935; by D. H. Macgregor, in Econ. J., Dec., 1929; by G. Todd in Econ. Hist. Rev., Oct., 1932; by H. A. Shannon, in Econ. Hist. Rev., Oct., 1933. Also Evans, G. H., British Corporation Finance, 1775-1850 (1936).Google Scholar

1 We know of Wedgwood's frantic call for £3,000 to meet one year's building costs at Etraria, and of the strain on Boulton's resources when he was erecting his Soho factory.