The early English cotton industryDaniels, George W. (George William)
History
The early English cotton industry
Daniels, George W. (George William)
Cotton machinery; Cotton trade -- Great Britain
As early as 1753 there had been serious disturbances consequent upon
a rise in the price of food. At Bristol it had been necessary to
call out the military to prevent the plundering of corn vessels in
the harbour, and similar measures had been adopted to maintain the
peace at Manchester and Leeds, which was only accomplished with loss
of life.[146] At the beginning of the year the price of wheat in
Manchester ranged from 18s. to 20s. per load--20 Winchester pecks--and
other cereals in proportion. Then there began a rise which in August
had brought the average price of wheat to 25s. to 26s., which continued
throughout 1754.[147] Early in 1755 the prices had come down, and
remained almost without change at 21s. to 22s. for more than twelve
months. From about May, 1756, prices began to rise again. In June they
stood at 27s. to 28s., in December at 34s. to 36s., in February, 1757,
at 39s. to 40s., and in July at 43s. to 45s. Then they began to fall,
reaching 30s. to 31s. in December, and in October, 1758, the old price
of 21s. to 22s. had been regained.
[Footnote 146: Smollett, _History of England_ (1818 edition), iv., p.
177.]
[Footnote 147: The prices of cereals in Manchester are given weekly in
_The Manchester Mercury_ until 1766 and spasmodically afterwards.]
Reports of rioting in every part of the country began in the autumn
of 1756, and were constantly repeated until the end of the following
year,[148] and the distress extended to Scotland and Ireland, the King
subscribing £20,000 for relief in the latter country.[149] At Liverpool
in November, 1756, it was decided to buy several thousand pounds’ worth
of grain, at the expense of the town, to be retailed to the poor at
cost price, and a subscription list was opened at Manchester in the
following month for a similar purpose, when between £700 and £800 were
immediately subscribed.[150]
[Footnote 148: In _The Manchester Mercury_.]
[Footnote 149: _Ibid._, 21st June 1757.]
[Footnote 150: _Ibid._, 11th November, 28th December 1756.]
In the view of the populace the evil was due to the action of trading
middlemen engrossing and holding back supplies, and in Manchester, as
in other places, when a riot broke out, in which a number of colliers
from Clifton took part, the object of attack was certain corn dealers,
who vainly protested that, instead of engrossing, they had imported
corn from remote parts of the kingdom and thus lowered prices.[151]
A proclamation of the King against the forestalling, regrating and
engrossing of corn was issued in Manchester,[152] and apparently in
every other town in the country, while threats of prosecution, of which
the gentlemen of the town were prepared to bear the expense, were
issued against the guilty persons, could they be discovered.[153]
[Footnote 151: _Ibid._, 14th and 21st June 1757. Rioting took place in
Stockport in September. _Ibid._, 30th September.]
[Footnote 152: _Ibid._, 14th December 1756.]
[Footnote 153: _Ibid._, 8th November 1757.]
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