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This shortform book presents key peer-reviewed research selected by
expert series editors and contextualised by new analysis from each
author on different forms of organising British industry. With
contributions on the strengths and weaknesses of the holding
company structure, government organisation of industry during war
time, the effects of forms of organisation on innovation, and
debates over the suitability of international comparisons, this
volume provides an array of fascinating insights into industrial
history. Of interest to business and economic historians, this
shortform book also provides analysis and illustrative case-studies
that will be valuable reading across the social sciences.
This book examines the decline of the cotton textiles industry,
which defined Britain as an industrial nation, from its peak in the
late nineteenth century to the state of the industry at the end of
the twentieth century. Focusing on the owners and managers of
cotton businesses, the authors examine how they mobilised financial
resources; their attitudes to industry structure and technology;
and their responses to the challenges posed by global markets. The
origins of the problems which forced the industry into decline are
not found in any apparent loss of competitiveness during the long
nineteenth century but rather in the disastrous reflotation after
the First World War. As a consequence of these speculations,
rationalisation and restructuring became more difficult at the time
when they were most needed, and government intervention led to a
series of partial solutions to what became a process of protracted
decline. In the post-1945 period, the authors show how government
policy encouraged capital withdrawal rather than encouraging the
investment needed for restructuring. The examples of corporate
success since the Second World War - such as David Alliance and his
Viyella Group - exploited government policy, access to capital
markets, and closer relationships with retailers, but were
ultimately unable to respond effectively to international
competition and the challenges of globalisation. A new introduction
and epilogue provide an updated framework for the chapters in this
book, which were originally published in Business History and
Accounting, Business and Financial History
This shortform book presents key peer-reviewed research on
industrial history. In selecting and contextualising this volume,
the editors address how the field of textile history has evolved.
Themes covered include entrepreneurial, technological and labour
history, whilst the book highlights the strategic and social
consequences of innovations in the history of this key UK sector.
Of interest to business and economic historians, this shortform
book also provides analysis and illustrative case studies that will
be valuable reading across the social sciences.
This book links the world of finance directly to the fate of the
cotton and textile industry, long a metaphor for the rise and fall
of Britain as a manufacturing economy, for the first time. The
cotton and textile industry, at the centre of the industrial
revolution, has long been a metaphor for the rise and fall of
Britain as a manufacturing economy. This book links the world of
finance directly to the fate of the cotton and textile industry for
the first time. Using a unique underlying data-set drawn from
financial business records of over 100 cotton and
textile-manufacturing firms based in Lancashire, and ranging from
the late eighteenth to the twenty-first century, Financing Cotton
analyses the dynamics of industrial capitalism by uncovering the
interaction between financial systems and technological development
and innovation. It offers new perspectives on business practices
and their evolution, as well as decisions taken by entrepreneurs,
managers and employees. The book broadly investigates five
questions: how and why were individual firms profitable and what
happened to these profits; how did the firms' financial structure
and performance influence their attitudes to employment regulation;
what were the effects of financial networks and institutions on the
characteristics of the first and second phase of industrialisation;
how did the financial system enable or stifle entrepreneurship and
investment in new technology and, finally, why did consolidation
and industrial restructuring offer survival options for some firms,
but not for others?
This book examines the decline of the cotton textiles industry,
which defined Britain as an industrial nation, from its peak in the
late nineteenth century to the state of the industry at the end of
the twentieth century. Focusing on the owners and managers of
cotton businesses, the authors examine how they mobilised financial
resources; their attitudes to industry structure and technology;
and their responses to the challenges posed by global markets. The
origins of the problems which forced the industry into decline are
not found in any apparent loss of competitiveness during the long
nineteenth century but rather in the disastrous reflotation after
the First World War. As a consequence of these speculations,
rationalisation and restructuring became more difficult at the time
when they were most needed, and government intervention led to a
series of partial solutions to what became a process of protracted
decline. In the post-1945 period, the authors show how government
policy encouraged capital withdrawal rather than encouraging the
investment needed for restructuring. The examples of corporate
success since the Second World War - such as David Alliance and his
Viyella Group - exploited government policy, access to capital
markets, and closer relationships with retailers, but were
ultimately unable to respond effectively to international
competition and the challenges of globalisation. A new introduction
and epilogue provide an updated framework for the chapters in this
book, which were originally published in Business History and
Accounting, Business and Financial History
Five weeks after the outbreak of World War I in the summer of 1914,
American Kiffin Rockwell was on a ship for France. The United
States would not join the war nearly three years, but Rockwell
believed it was time to fight. In France, he joined the elite
French Foreign Legion and was soon fighting in the trenches of the
Western Front. A combat wound in 1915 rendered him unfit to fight
on the ground, so Rockwell volunteered to fight in the air, joining
the brand-new Lafayette Escadrille, a storied fighter squadron of
volunteer pilots, most of them American, most of them wealthy
aristocrats. In May 1916, Rockwell became the first American pilot
to shoot down a German plane and soon after was wounded in the
skies over Verdun. He flew the Lafayette Escadrille's every mission
until his death in aerial combat in September 1916. First to Fight
is a high-octane drama of a remarkable soldier and pilot who fought
in the trenches and in the skies during World War I. It is the
story of one of the first American fighter pilots at the dawn of
aerial combat, the era of the Red Baron, with dogfighting biplanes
high above the trench lines. But more than a World War I story,
more than an aviation story, this is the story of an idealist who
volunteered--long before his country drafted its first soldier--to
fight, and ultimately die, in defense of civilization.
As the Department of Defense's primary mechanism to account for
American's lost in past wars, the Joint POW/MIA Accounting Command
continued to make strong advances toward fulfilling its mission
during Fiscal 2010.
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