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Weavers of profit: terminating building societies in Lancashire, 1780–1840

  • Hart, Rosine
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    Numerous handloom weavers' cottages in Lancashire were constructed by terminating building societies. Given their numbers, it is evident that the role of such societies in the regional socio-economic context has been understated. Identifying their membership reveals that these were not self-help schemes to enable artisans to own their own homes, but rather that they offered opportunities for those with surplus income to invest in tenanted properties at a time when the skills of the handloom weaver were at a premium. This provision was vital to Lancashire's burgeoning economy, and offered subscribers an additional source of income.

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    File URL: http://journals.cambridge.org/abstract_S0968565009000031
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    Article provided by Cambridge University Press in its journal Financial History Review.

    Volume (Year): 16 (2009)
    Issue (Month): 01 (April)
    Pages: 27-45

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    Handle: RePEc:cup:fihrev:v:16:y:2009:i:01:p:27-45_00
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