Economy
Herefordshire has always been esteemed an exceptionally rich agricultural area, the manufactures being unimportant, with the sole exception of the woollen and the cloth trade which flourished soon after the Conquest. Iron was worked in Wormelow hundred in Roman times, and the Domesday Survey mentions iron workers in Marcle. At the time of Henry VIII the towns had become much impoverished, and Elizabeth in order to encourage local industries, insisted on her subjects wearing English-made caps from the factory of Hereford. Hops were grown in the county soon after their introduction into England in 1524. In 1580 and again in 1637 the county was severely visited by the plague, but in the 17th century it had a flourishing timber trade, and was also noted for its orchards and cider.
Read more about this topic: History Of Herefordshire
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)