TSR Wiki > Study Help > Subjects and Revision > Revision Notes > History > Direct Transfer
Astonishingly direct conveyance of new techniques – alleged to be higher technically and economically failed as profitable investments for a long time.
Before prohibitive duties of 1822 were levied – only a few ironwork made attempts to follow British model – before 1836 Schneider Bros make Le Cresuot most successful engineering and iron works in France – enterprise failure with interruptions of work, insolvencies and frequent management changes – 1822 Tariff: clearly demand British coal iron, so prospect high prices big profit seemed in prospect – ironworks shot up in coal districts of Loire and Massif Central from 1822 – no economic success until well into 1830s – iron ore had to be transferred form afar which raised costs enormously, and situated away from centres of consumption – also had to compete with produce form traditional or partly modernised products of superior quality – NEW SUPPLIERS COULD NOT UNDERCUT OLD FORMS ENOUGH TO GET INTO MARKET – for a long time the changing economic structure of the coal mining areas did not entail the decline of the traditional iron producing regions
Comments
