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The Evolution of Modern Capitalism

Note 88 — Chapter III · ToC

Reading edition

Ellison, History of the Cotton Trade, presents the following interesting table (yarn, 40 hanks to the lb.):—

1779. 1784. 1799. 1812. 1830. 1882.

s. d. s. d. s. d. s. d. s. d. s. d.

Selling price 16 0 10 11 7 6 2 6 1 2-1/2 0 10-1/2

Cost of Cotton (18 oz.) 2 0 2 0 3 4 1 6 0 7-3/4 0 7-1/8

Labour & Capital 14 0 8 11 4 2 1 0 0 6-3/4 0 3-3/8

Explore with AITake your curiosity a little further.

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