managed their holdings on sounder principles and with all the advantages bestowed by farming on a large scale and the investment of capital for the improvement of the soil.

Meanwhile, the industrial movement did not stop here. Single capitalists began to set up spinning jennies in great buildings and to use waterpower for driving them, so placing themselves in a position to diminish the number of workers, and sell their yarn more cheaply than single spinners could do who moved their own machines by hand. There were constant improvements in the jenny, so that machines continually became antiquated, and must be altered or even laid aside; and though the capitalists could hold out by the application of waterpower even with the old machinery, for the single spinner this was impossible. And the factory system, the beginning of which was thus made, received a fresh extension in , through the spinning throstle invented by Richard Arkwright, a barber, in Preston, in North Lancashire. After the steam-engine, this is the most important mechanical invention of the 18th century. It was calculated from the beginning for mechanical motive power, and was based upon wholly new principles. By the combination of the peculiarities of the jenny and throstle, Samuel Crompton, of Firwood, Lancashire, contrived the mule in , and as Arkwright invented the carding engine, and preparatory (“slubbing and roving”) frames about the same time, the factory system became the prevailing one for the spinning of cotton. By means of trifling modifications these machines were gradually adapted to the spinning of flax, and so to the superseding of handwork here, too. But even then, the end was not yet. In the closing years of the last century, Dr. Cartwright, a country parson, had invented the power-loom, and about had so far perfected it, that it could successfully compete with the hand-weaver; and all this machinery was made doubly important by James Watt’s steam-engine, invented in , and used for supplying motive power for spinning since .

With these inventions, since improved from year to year, the victory of machine-work over handwork in the chief branches of English industry was won; and the history of the latter from that time forward simply relates how the handworkers have been driven by machinery from one position after another. The consequences of this were, on the one hand, a rapid fall in price of all manufactured commodities, prosperity of commerce and manufacture, the conquest of nearly all the unprotected foreign markets, the sudden multiplication of capital and national wealth; on the other hand, a still more rapid multiplication of the proletariat, the destruction of all property-holding and of all security of employment for the working-class, demoralisation, political excitement, and all those facts so highly repugnant to Englishmen in comfortable circumstances, which we shall have to consider in the following pages. Having already seen what a transformation in the social condition of the lower classes a single such clumsy machine as the jenny had wrought, there is no cause for surprise as to that which a complete and interdependent system of finely adjusted machinery has brought about, machinery which receives raw material and turns out woven goods.

Meanwhile, let us trace the development of English manufacture1 somewhat more minutely, beginning with the cotton industry. In the years ⁠–⁠, there were annually imported into England rather less than 5,000,000 pounds of raw cotton; in the year there were imported 528,000,000 pounds, and the import for will reach at least 600,000,000 pounds. In England exported 556,000,000 yards of woven cotton goods, 76,500,000 pounds of cotton yarn, and cotton hosiery of the value of £1,200,000. In the same year over 8,000,000 mule spindles were at work, 110,000 power and 250,000 hand-looms, throstle spindles not included, in the service of the cotton industry; and, according to MacCulloch’s reckoning, nearly a million and a half human beings were supported by this branch, of whom but 220,000 worked in the mills; the power used in these mills was steam, equivalent to 33,000 horsepower, and water, equivalent to 11,000 horsepower. At present these figures are far from adequate, and it may be safely assumed that, in the year , the power and number of the machines and the number of the workers is greater by one-half than it was in . The chief centre of this industry is Lancashire, where it originated; it has thoroughly revolutionised this county, converting it from an obscure, ill-cultivated swamp into a busy, lively region, multiplying its population tenfold in eighty years, and causing giant cities such as Liverpool and Manchester, containing together 700,000 inhabitants, and their neighbouring towns, Bolton with 60,000, Rochdale with 75,000, Oldham with 50,000, Preston with 60,000, Ashton and Stalybridge with 40,000, and a whole list of other manufacturing towns to spring up as if by a magic touch. The history of South Lancashire contains some of the greatest marvels of modern times, yet no one ever mentions them, and all these miracles are the product of the cotton industry. Glasgow, too, the centre for the cotton district of Scotland, for Lanarkshire and Renfrewshire, has increased in population from 30,000 to 300,000 since the introduction of the industry. The hosiery manufacture of Nottingham and Derby also received one fresh impulse from the lower price of yarn, and a second one from an improvement of the stocking loom, by means of which two stockings could be woven at once. The manufacture of lace, too, became an important branch of industry after the invention of the lace machine in ; soon after that date Lindley invented the point-net machine, and in Heathcote invented the bobbin-net machine, in consequence of which the production of lace was greatly simplified, and the demand increased proportionately in consequence of the diminished cost, so that now, at least 200,000 persons are supported by this industry. Its chief centres are Nottingham, Leicester, and the West of England, Wiltshire, Devonshire, etc. A corresponding extension has taken place in the branches

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