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The cotton industry had started in earnest in Lancashire in the middle decades of the eighteenth century. Some of the initial capital invested in the cotton trade had been accumulated through Britain’s triangular slave trade, as had much of the business acumen that was a feature of the early cotton entrepreneurs. Decades of slave-trading and sugar-trading had brought into being complex networks of finance and credit that helped the cotton industry advance at a rapid speed. As cotton moved from a cottage industry that fitted around older rhythms of rural life into factories and mills, other ...more
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Tom
Link between cotton boom and salvery.
Black and British: A Forgotten History, from the acclaimed historian and star of 'Celebrity Traitors'
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