Competition, Specialization, and Industrial Decline

1981 ◽  
Vol 41 (1) ◽  
pp. 31-38 ◽  
Author(s):  
William Lazonick
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Industrial Organization ◽  
The United States ◽  
Cotton Industry ◽  
Intense Competition ◽  
Industrial Decline

The technological backwardness of the British cotton industry in the first six decades of this century was due primarily to the structure of industrial organization, characterized by intense competition and specialization, that had developed in the nineteenth century when the industry had no serious international competitors. But with the rise of corporate economies, particularly in Japan and the United States, this structure of industrial organization rendered British cotton managers powerless to create the corporate structures required to meet this challenge. Britain's decline was due to the failure of its managers to create conditions for new profitable opportunities by altering the constraints that they faced.

scholarly journals Liverpool and the Raw Cotton Trade:  A Study of the Port and its Merchant Community, 1770-1815

2021 ◽  
Author(s):  
◽  
Alexey Krichtal
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
West Indies ◽  
The United States ◽  
The West ◽  
Cotton Industry ◽  
Major Region ◽  
The Right ◽  
Merchant Community ◽  
Cotton Trade

<p>This thesis examines the port of Liverpool, its merchant community, and the growth of the raw cotton trade from its initial rise c. 1770 to the end of the Napoleonic period in 1815. By constructing a large database from Liverpool import lists published in Lancashire newspapers, combined with surviving cotton planter, merchant, and manufacturer papers, this thesis analyses: first, the rise of Liverpool as a major British cotton port and the geographical shifts in the port‘s cotton supply from the West Indies to Guyana, Brazil, and the United States; then second, the organisation of Liverpool‘s cotton trade in the Atlantic basin and at home. The port‘s cotton trade and the form of cotton procurement developed out of the pre-existing trading conditions prior to the cotton boom between Liverpool and each cotton cultivation region, and underwent major re-organisation in the early nineteenth century. Liverpool‘s cotton trade attracted new merchants who specialised in the import-export trade with one major region. Therefore, as cotton cultivation expanded from the West Indies to northern South America and the southern United States, the Liverpool market underwent a de-concentration from an oligopoly in the hands of few large cotton merchants to a more competitive market with many cotton importers. Ultimately, greater specialisation of Liverpool‘s cotton merchant and brokerage community resulted in increased efficiency in the importing, marketing, and selling of cotton on the British market, while a de-concentration of the Liverpool market provided the right market conditions to ward off artificially high prices, fostering the development of a cheap supply of raw cotton needed to sustain industrialisation of the British cotton industry in the nineteenth century.</p>

scholarly journals Liverpool and the Raw Cotton Trade:  A Study of the Port and its Merchant Community, 1770-1815

2021 ◽  
Author(s):  
◽  
Alexey Krichtal
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
West Indies ◽  
The United States ◽  
The West ◽  
Cotton Industry ◽  
Major Region ◽  
The Right ◽  
Merchant Community ◽  
Cotton Trade

<p>This thesis examines the port of Liverpool, its merchant community, and the growth of the raw cotton trade from its initial rise c. 1770 to the end of the Napoleonic period in 1815. By constructing a large database from Liverpool import lists published in Lancashire newspapers, combined with surviving cotton planter, merchant, and manufacturer papers, this thesis analyses: first, the rise of Liverpool as a major British cotton port and the geographical shifts in the port‘s cotton supply from the West Indies to Guyana, Brazil, and the United States; then second, the organisation of Liverpool‘s cotton trade in the Atlantic basin and at home. The port‘s cotton trade and the form of cotton procurement developed out of the pre-existing trading conditions prior to the cotton boom between Liverpool and each cotton cultivation region, and underwent major re-organisation in the early nineteenth century. Liverpool‘s cotton trade attracted new merchants who specialised in the import-export trade with one major region. Therefore, as cotton cultivation expanded from the West Indies to northern South America and the southern United States, the Liverpool market underwent a de-concentration from an oligopoly in the hands of few large cotton merchants to a more competitive market with many cotton importers. Ultimately, greater specialisation of Liverpool‘s cotton merchant and brokerage community resulted in increased efficiency in the importing, marketing, and selling of cotton on the British market, while a de-concentration of the Liverpool market provided the right market conditions to ward off artificially high prices, fostering the development of a cheap supply of raw cotton needed to sustain industrialisation of the British cotton industry in the nineteenth century.</p>

Thinking About Scots Law

1996 ◽  
Vol 1 (1) ◽  
pp. 3-24 ◽  
Author(s):  
Alan Rodger
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
British Empire ◽  
United States Of America ◽  
Case Law ◽  
The United States ◽  
Memorial Lecture ◽  
University Of Edinburgh ◽  
The University

This article is the revised text of the first W A Wilson Memorial Lecture, given in the Playfair Library, Old College, in the University of Edinburgh, on 17 May 1995. It considers various visions of Scots law as a whole, arguing that it is now a system based as much upon case law and precedent as upon principle, and that its departure from the Civilian tradition in the nineteenth century was part of a general European trend. An additional factor shaping the attitudes of Scots lawyers from the later nineteenth century on was a tendency to see themselves as part of a larger Englishspeaking family of lawyers within the British Empire and the United States of America.

‘A Routh O’ Auld Nick-Nackets’ – the antiquarian collection of John Rae

2015 ◽  
Vol 36-37 (1) ◽  
pp. 163-183
Author(s):  
Paul Taylor
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Social Context ◽  
Moral Education ◽  
The United States ◽  
Representative Case ◽  
National Museums ◽  
The Individual ◽  
The University

John Rae, a Scottish antiquarian collector and spirit merchant, played a highly prominent role in the local natural history societies and exhibitions of nineteenth-century Aberdeen. While he modestly described his collection of archaeological lithics and other artefacts, principally drawn from Aberdeenshire but including some items from as far afield as the United States, as a mere ‘routh o’ auld nick-nackets' (abundance of old knick-knacks), a contemporary singled it out as ‘the best known in private hands' (Daily Free Press 4/5/91). After Rae's death, Glasgow Museums, National Museums Scotland, the University of Aberdeen Museum and the Pitt Rivers Museum in Oxford, as well as numerous individual private collectors, purchased items from the collection. Making use of historical and archive materials to explore the individual biography of Rae and his collection, this article examines how Rae's collecting and other antiquarian activities represent and mirror wider developments in both the ‘amateur’ antiquarianism carried out by Rae and his fellow collectors for reasons of self-improvement and moral education, and the ‘professional’ antiquarianism of the museums which purchased his artefacts. Considered in its wider nineteenth-century context, this is a representative case study of the early development of archaeology in the wider intellectual, scientific and social context of the era.

A HISTORICAL PERSPECTIVE ON THE AUDITOR'S ROLE: THE EARLY EXPERlENCE OF THE AMERICAN RAILROADS

1983 ◽  
Vol 10 (1) ◽  
pp. 69-86 ◽  
Author(s):  
James L. Boockholdt
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Internal Control ◽  
Historical Perspective ◽  
The United States ◽  
Advisory Services ◽  
Audit Independence ◽  
Inherent Part

The paper explores the origins of the auditing profession in the United States. It is suggested that the development of the audit function in this country can be traced to reporting by internal and shareholder auditors in the American railroads during the middle of the nineteenth century. Evidence is presented that a recognition of the need for audit independence existed, and that the provision of advisory services and reports on internal control by American auditors have been an inherent part of the auditor's role from that time.

An Overview of the History of Religious Life in the United States

2018 ◽  
Author(s):  
Patricia Wittberg ◽  
Thomas P. Gaunt
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Religious Life ◽  
The United States ◽  
Religious Order ◽  
Religious Institutes ◽  
History Of ◽  
Socioeconomic Composition

This chapter briefly describes the history of religious institutes in the United States. It first covers the demographics—the overall numbers and the ethnic and socioeconomic composition—of the various institutes during the nineteenth century. It next discusses the types of ministries the sisters, brothers, and religious order priests engaged in, and the sources of vocations to their institutes. The second section covers changes in religious institutes after 1950, covering the factors which contributed to the changes as well as their impact on the institutes themselves and the larger Church. The chapter concludes with a brief overview of the subsequent chapters.

Deafness and Ethnic Identity: The Idea of a Deaf State and its Resonances with American Exceptionalism and Frontier Ideology

2019 ◽  
Vol 67 (1) ◽  
pp. 73-90
Author(s):  
Marion Rana
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
Ethnic Identity ◽  
Nation Building ◽  
American Exceptionalism ◽  
Manifest Destiny ◽  
The United States ◽  
Culture Studies ◽  
Deaf Identity ◽  
American Nation

Abstract This article focuses on the nineteenth century as a pivotal time for the development of a Deaf identity in the United States and examines the way John Jacob Flournoy’s idea of a “Deaf-Mute Commonwealth” touches upon core themes of American culture studies and history. In employing pivotal democratic ideas such as egalitarianism, liberty, and self-representation as well as elements of manifest destiny such as exceptionalism and the frontier ideology in order to raise support for a Deaf State, the creation and perpetuation of a Deaf identity bears strong similarities to the processes of American nation-building. This article will show how the endeavor to found a Deaf state was indicative of the separationist and secessionist movements in the United States at that time, and remains relevant to Deaf group identity today.

Overseas Passenger Fares and Emigration from Germany in the Mid-Nineteenth Century

2017 ◽  
Vol 41 (3) ◽  
pp. 393-413
Author(s):  
Raymond L. Cohn ◽  
Simone A. Wegge
Keyword(s):  
United States ◽  
Nineteenth Century ◽  
The United States ◽  
German Immigrants

Mid-nineteenth-century German immigrants who settled in the United States and other faraway destinations faced the formidable hurdle of crossing an ocean and coming up with the resources to pay for it. Using new data from German emigrant newspapers we provide more concrete information on the fares to various international ports, and how they varied seasonally and by method of transport (sail or steam). We do not observe fares declining in the late 1840s and 1850s. Unskilled German workers could not easily afford such a voyage, providing perspective on why German immigration to the United States was positively self-selected.

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