Then came the cotton boom

 

3.4 Then came the cotton boom

Before the 1860s, three-fourths of raw cotton importsinto Britain came from America. British cotton manufacturers had for long been worried about this dependence on American supplies. What would happen if this sour ce was cut of f ? T roubled by this question, they eagerly looked for alternative sources of supply. In 1857 the Cotton Supply Association was founded in Britain, and in 1859 the Manchester Cotton Company was formed.

 

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