Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
And look at the details:

In 1800, 800,000 pieces of Indian cotton to the US, in 1930, "not 400"

In 1800, 1,000,000 to Portugal, in 1830, only 20,000.

Placing the Indian transition from net exporter of cotton textiles to net importer due to the productivity of English power looms as already having happened by 1813 is quite clearly premature. It happened in the decades after the ending of the Napoleonic Wars.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Sep 2nd, 2013 at 05:48:49 PM EST
[ Parent ]
Yes, your point in the diary stands, but I reacted to "the middle of the 1800's" and "by the 1850's": it happened two decades earlier.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Sep 2nd, 2013 at 06:07:20 PM EST
[ Parent ]
But it wasn't an event, it was an extended ongoing process. The evidence you present that it was ongoing several decades earlier does nothing establish that it was completed by the 1830's, which is what you require to contradict my contention that the process was not completed until the 1850's.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Tue Sep 3rd, 2013 at 08:28:01 PM EST
[ Parent ]
99.5% and 98% drops in export represent a pretty much finished state.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Sep 4th, 2013 at 12:06:05 PM EST
[ Parent ]
For the Indian domestic economy its only one step to the position that British textiles held in Indian domestic markets by the 1850's. It may have been inevitable once Indian textile exports were no longer a lucrative source of trade incomes for the East India Company, but inevitable or not, a process is not complete until it has played itself out.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Sep 4th, 2013 at 02:23:33 PM EST
[ Parent ]

Display:

Occasional Series