A Short History of English Commerce And Industry

Cover A Short History of English Commerce And Industry
A Short History of English Commerce And Industry
L L Langford Lovell Price
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And now, in Mr. Taylor's words, * " there being no longer a necessity to seek either the motive-power or material in the same degree, labour became the prime consideration. " Near- ness to the material needed to make the new machinery, and to produce the power to drive it, ranked next to labour, but below it, in importance. The factories left the Ijanks of rivers, and settled in crowded cities. With the old source of motive-power iron had been required * Ibid. , p. 137.
THE FACTORY SYSTEM 10!l
...for the production of the machmery, and coal had ])een latterly employed to smelt the h-on. With the advent of the steam - engine the demand for manufacturing machinery became more urgent, and a fresh demand arose for coal as a source of motive-power. Nearness to coal and iron thus gained a new importance ; and water continued to be valued as a means of cheap communi- cation rather than as a supply of motive-power. But Lancashire and Yorkshire were equally suited for the second as they had been adapted for the first stage of the factory system.

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