Economy
The physical characteristics of the three natural divisions of Gloucestershire have given rise in each to a special industry, as already indicated. The forest district, until the development of the Sussex mines in the 16th century, was the chief iron producing area of the kingdom, the mines having been worked in Roman times, while the abundance of timber gave rise to numerous tanneries and to an important shipbuilding trade. The hill district, besides fostering agricultural pursuits, gradually absorbed the woollen trade from the big towns, which now devoted themselves almost entirely to foreign commerce. Silkweaving was introduced in the 17th century, and was especially prosperous in the Stroud valley. The abundance of clay and building-stone in the county gave rise to considerable manufactures of brick, tiles and pottery. Numerous minor industries sprang up in the 17th and 18th centuries, such as flax-growing and the manufacture of pins, buttons, lace, stockings, rope and sailcloth.
Read more about this topic: History Of Gloucestershire
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)