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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)