Genesis of Industrial Capital. A study of the West Riding wool textile industry, c1750-1850

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  • Name Finance of production & trade
  • Name Production of goods & services - methods & organisation

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Scholarly work based on the writer' doctoral thesis 'Genesis of Industrial Capital in the West Riding Wool Textile Industry, c1770-1850', York, 1981. Provides a study of a regional industrial sector during a period of rapid change - the focus is on finance - the accumulation and polarisation of wealth, a vital process in the growth of centralised, mechanised production'. Structured in five parts: Part 1] 'Introduction': - 'The study of capital accumulation'; 'An industry in transition - the West Riding wool textile sector, 1750-1850'; Part 2] 'The primary accumulation of capital': 'Proto-industrialisation - 'The concept' / 'The agrarian and institutional environment' / 'From manor to mill' / 'The company mill' / 'The sources of 'human capital'; 'Land and industry' - 'Landowners and direct industrial finance / Landowners and the capital market' / 'The mortgage and sale of land'; Part 3] 'The web of credit': 'Wool purchase' - 'The structure of wool purchase' / 'Growers and dealers' / 'Imported wool' / 'The wool stapler'; 'Materials, plant, services and labour' - 'Raw materials' / 'Premises, machinery and implements' / 'Services' / 'Labour'; 'The trade in woollen and worsted products' - 'The mid century to the 1790s, merchants and cloth halls' / 'The 1790s-1815, years of mixed fortune' / '1815-1830s, the merchant manufacturer and the ' Bradford Principle' / The 1830s-50s, bank credit and speculation'; 'Trade credit and growth' - 'The long term movement of credit - the supply side' / 'The long term movement of credit - the demand side' / 'The secular trend and the importance of external credit' / 'The experience of different firms' / 'Some case studies' / 'Short term credit'; Part 4] 'External and internal finance': 'Attorneys, banks and industry' - 'Attorneys and industrial finance' / 'The industrial origin of banks' / 'Banks and industrial finance' / 'Joint stock banks' / 'The evidence of business and bankruptcy records'; 'Ploughed-back profits' - 'Profit and measurement' / 'The generation of profits' / 'The reinvestment of profits'; Part 5] 'Summary and conclusion'. Much business specific information, eg Benjamin Gott & Co; John Foster & Co; J Jowitt & Co, William Lupton & Co