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Note: Size and Profitability of English Colliers in the Eighteenth Century—A Reappraisal

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  • Ville, Simon

Abstract

In this note, Dr. Ville expands upon an analysis of the English coal trade in the eighteenth century made by William J. Hausman in the Winter 1977 issue of the Business History Review. Drawing upon the recently discovered papers of Michael Henley and Son, London shipowners between 1775 and 1830, Ville contends that Hausman underestimated both the underlying level of the trade's profitability and its highly volatile nature. Central to Ville's argument is his claim that the high degree of vertical integration in the coal trade pushed up profit levels. These high profits, Ville suggests, played an important role in British industrialization.

Suggested Citation

  • Ville, Simon, 1984. "Note: Size and Profitability of English Colliers in the Eighteenth Century—A Reappraisal," Business History Review, Cambridge University Press, vol. 58(1), pages 103-120, April.
    • Handle: RePEc:cup:buhirw:v:58:y:1984:i:01:p:103-120_06
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