=237. Relative share of different continents in English commerce.=—An
indication of the direction of the trade, and of the relative
importance of different elements in it, is given in the following
tables, the figures again being simplified to round _millions_. The
commerce of England was distributed as follows:
=========+============+===========+===========+===========+===========
| Europe | America | Asia | Africa | Total
---------+------------+-----------+-----------+-----------+-----------
1698-1701| £ 9.2 $ 46 | £ 1.7 $ 8 | £ 0.8 $ 4 | £ 0.1 $ .5|£ 12.0 $ 60
1749-1755| 13.8 69 | 4.5 12 | 1.8 9 | 0.2 1 | 20.4 102
1784-1792| 19.6 98 | 10.8 54 | 4.9 24 | 0.9 4 | 36.2 181
1802 | 39.4 197 | 23.3 116 | 8.7 43 | 1.3 6 | 72.8 364
=========+============+===========+===========+===========+===========
The student may perhaps need the caution that he should not attempt to
learn outright such statistics as are given here; the attempt would
be a waste of energy. The figures give more concisely than any other
method of description the measurement of a country’s commerce, and are
valuable for reference. They must, however, be translated into a more
simple expression of facts before an ordinary student can grasp their
significance and hold it permanently in mind. In the few lines of text
following the first table the author has suggested the most obvious
conclusions to be drawn from it, and will point out others applicable
here.
The trade with Europe was still by far the most important part of
English commerce, being equal to more than all the rest of the trade
together. It grew steadily throughout the eighteenth century, as the
figures show, but still it was a less important part of the whole in
1800 than it had been in 1700. At the earlier date other continents
furnished but one fourth of the total; in 1800 they furnished nearly
one half. The two most important, America and Asia, were coming up with
nearly equal speed, their commerce increasing roughly fivefold in the
course of the century. America had a clear lead over its older rival,
while Africa counted for very little in the total.
QUESTIONS AND TOPICS
1. Town life and trade about 1500. [Soc. Eng., 3: 131-145.]
2. Economic and social conditions in England in the sixteenth century.
[Harrison’s Description, ed. by L. Withington, London, 1902, readable
but too diffuse for a student who has not learned to select what he
needs from a book.]
3. Significance of the “enclosures” in English agriculture. [Soc.
Eng., 3: 544-550; 4: 114-118, 239-241.]
4. Development of the manufacturing system, as seen in the cloth
trade. [Ashley, Eng. econ. hist., vol. 2, chap. 3.]
5. Political conditions about 1500. [Seebohm, Prot. rev., 46-55.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account