The Worlds History And Its Makers volume 2

Cover The Worlds History And Its Makers volume 2
The Worlds History And Its Makers volume 2
Edgar Sanderson
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222 MODERN EUROPE She seized Canada and her maritime commerce, which, in 1700, amounted to 330, 000 tons, rose in 1770 to 760, - ooo tons.
The English, to supply their trade, developed their industry and exported Norwich cloths, Dublin and Exeter Linen, cotton stuffs from Manchester, and iron- mongery from Leeds. The invention of mechanical looms for spinning wool (1767-1787), and the applica- tion of Watt's steam engine (1769-1775), gave a new impulse to industry, and produced the rapid advanc
...e which has not paused since that time. England, who supplied Europe with exotic productions, intended also to furnish her with manufactured goods. She endeav- ored to become the sole manufacturer and the sole merchant. England failed in her attempted monopoly, and her own colonies were the first to turn against her.
From the Fifteenth Century modern States retained the old principle that their colonies, daughters of the mother country, should trade only with her. The colonies were regarded merely as an easy market from whence to procure exotic produce, and an outlet for the industry of the mother country.


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