Losing the Thread
Cotton, Liverpool and the American Civil War
Seiten
2023
Liverpool University Press (Verlag)
978-1-83764-434-6 (ISBN)
Liverpool University Press (Verlag)
978-1-83764-434-6 (ISBN)
This is the first full-length study of the effect of the American Civil War on Britain’s raw cotton trade and on the Liverpool cotton market. It includes an analysis of primary sources never used by historians.
Before the civil war, America supplied 80 per cent of Britain’s cotton. In August 1861, this fell to almost zero, where it remained for four years. Despite increased supplies from elsewhere, Britain’s largest industry received only 36 per cent of the raw material it needed from 1862-64.
This book establishes the facts of Britain’s raw cotton supply during the war: how much there was of it, in absolute terms and related to the demand, where it came from and why, how much it cost, and what effect the reduced supply had on Britain’s cotton manufacture. It includes an enquiry into the causes of the Lancashire cotton famine, which contradicts the historical consensus on the subject. Examining the impact of the civil war on Liverpool and its raw cotton market, this thought-provoking book demonstrates how reckless speculation infested and distorted the market, and lays bare the shadowy world of the Liverpool cotton brokers, who profited hugely from the war while the rest of Lancashire starved.
Before the civil war, America supplied 80 per cent of Britain’s cotton. In August 1861, this fell to almost zero, where it remained for four years. Despite increased supplies from elsewhere, Britain’s largest industry received only 36 per cent of the raw material it needed from 1862-64.
This book establishes the facts of Britain’s raw cotton supply during the war: how much there was of it, in absolute terms and related to the demand, where it came from and why, how much it cost, and what effect the reduced supply had on Britain’s cotton manufacture. It includes an enquiry into the causes of the Lancashire cotton famine, which contradicts the historical consensus on the subject. Examining the impact of the civil war on Liverpool and its raw cotton market, this thought-provoking book demonstrates how reckless speculation infested and distorted the market, and lays bare the shadowy world of the Liverpool cotton brokers, who profited hugely from the war while the rest of Lancashire starved.
Jim Powell was an Honorary Research Associate, Department of History, University of Liverpool.
Illustrations
List of Tables and Figures
Abbreviations
Acknowledgements
INTRODUCTION
Chapter 1: FEAST AND FAMINE
Chapter 2: THE SATURDAY AFTERNOON SYNDROME
Chapter 3: A THREE-PHASE SUPPLY
Chapter 4: UNFATHOMED DEPTHS; UNCHARTED MOUNTAINS
Chapter 5: LIVERPOOL, LOUISIANA?
Chapter 6: A TOLL BOOTH ON THE MERSEY
Chapter 7: THE BROKERS AND THE BROKEN
Chapter 8: WHEN JOHNNY WENT MARCHING HOME
Appendix: Notes on statistical sources
Bibliography
Index
| Erscheinungsdatum | 05.08.2023 |
|---|---|
| Zusatzinfo | 9 Halftones, black and white |
| Verlagsort | Liverpool |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Kulturgeschichte |
| Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte | |
| ISBN-10 | 1-83764-434-9 / 1837644349 |
| ISBN-13 | 978-1-83764-434-6 / 9781837644346 |
| Zustand | Neuware |
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