Lamb's textile industry of the United States, embracing biographical sketches of prominment men and a historical résumé of the progress of textile manufacture from the earliest records to the present time; . 71 E u lO N. o U (4 U OF THE UNITED STATES 33 have brought about changes in the currents of traffic in cotton goods aswell as the raw material. As the manuacturing industry in Europe, andespecially in England, antedated the development of production on a largescale in the United States, it was inevitable that the established industryshould hold the market, and hence, just as the traffic in
Lamb's textile industry of the United States, embracing biographical sketches of prominment men and a historical résumé of the progress of textile manufacture from the earliest records to the present time; . 71 E u lO N. o U (4 U OF THE UNITED STATES 33 have brought about changes in the currents of traffic in cotton goods aswell as the raw material. As the manuacturing industry in Europe, andespecially in England, antedated the development of production on a largescale in the United States, it was inevitable that the established industryshould hold the market, and hence, just as the traffic in raw cotton centredtoward the European mills, the currents of traffic in manufactured goodsdiverged from these mills. Thus as late as 1859, the last year before theCivil War period, we find that exports of cotton were equivalent to 3,535,-373 bales on the basis of 500 pounds to the bale, while consumption in theUnited States amounted to only 845,410 bales. The first effect of the rise of the New England industry was to reducethe volume of imports of the coarser grades of cotton goods. As the NewEngland industry grew, it supplied constantly a larger percentage of thedomestic demand, not only for coarse goods, but
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Keywords: ., bo, bookcentury1900, bookdecade1910, bookidlambstextileindu01brow
