Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.Knight, Charles
Philosophy
Knowledge is power : $b A view of the productive forces of modern society and the results of labor, capital and skill.
Knight, Charles
Industrial arts; Industries
gives most employment to manufacturers, the law of exclusiveness or the
law of universality. If the labourer and artificer were still
restricted, by enactment or by custom, to the wearing of cloth of a
certain price per yard, we may be quite sure that the manufacture of the
finer cloths would be in no flourishing condition; and if the
servant-maid could not put on her Sunday gown of silk, we may be equally
clear that the silk-trade would continue to be the small thing that it
was half a century ago, when it had the full benefit of restriction,
instead of being, as it is now, one of the great staple trades of the
country.
When the frame-work knitters of silk stockings petitioned Oliver
Cromwell for a charter, they said, "the Englishman buys silk of the
stranger for twenty marks, and sells him the same again for one hundred
pounds." The higher pride of the present day is that we buy seven
million pounds of raw silk from the stranger, employ a hundred and
fourteen thousand of our own people in the manufacture of it by the aid
of machinery, and sell it to the stranger, and our own people, at a
price as low as that of the calico of half a century ago. In 1853 the
exports of silk manufactures, including those of silk mixed with other
materials, silk-yarn and silk-twist, amounted to the enormous sum of two
millions sterling, having doubled since 1849. In 1826, when the ruin of
our silk-trade was boldly prophesied as the sure result of the reduction
of the prohibitive duties on foreign silk, the exports of our silk
manufactures did not reach two hundred thousand pounds. William
Huskisson, the great statesman who produced this mighty change, was then
denounced in parliament as "an insensible and hard-hearted
metaphysician."
[Illustration: Hanks of silk. _a_, Bengal; _b_, Italian; _c_, Persian;
_d_, Broussa.]
[Illustration: Egyptian winding-reel.]
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