The Economic History of Steelmaking, 1867-1939: A Study in Competition

By Duncan Burn | Go to book overview

Chapter XIV
HOW THE WAR AFFECTED BRITISH COMPETITIVE STRENGTH

The Great War changed abruptly the problems of the British makers. For five years it gave a respite from Continental competition, during which, after an initial period of uncertainty, demand was urgent whether on account of the war or (at its close) of reconstruction. The search for markets was replaced by a search for raw materials. Instead of association to keep prices up there was State control to keep prices down. The State intervened, too, to secure an unheard-of pooling of knowledge and resources, and to promote an unparalleled expansion of productive capacity. The industry and its customers were forced at long last to accept the basic process without irrational reservations, and the East Midland ore resources were systematically explored. State control was lifted in the spring of 1919; the urgent demand had dried up by the close of 1920, and by then Continental competition had reappeared. "The industry", according to the Economist, "had escaped from the hot-house atmosphere of war conditions to the colder but more invigorating breezes of free competition."1 But the war conditions naturally left a permanent mark. It is the purpose of this chapter to examine how the competitive strength of the British industry was changed between 1914 and 1921. The corresponding changes in rival centres are examined in the second part of the chapter which follows.


1. THE SUPPLY OF MATERIALS AND LABOUR

The war forced the British steelmakers to make extensive, if not radical, structural and technical changes, and it is this aspect

____________________
1
Ann. Commer. Hist. for 1920, Econ. Feb. 19, 1921, p. 380.

-350-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
The Economic History of Steelmaking, 1867-1939: A Study in Competition
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 548

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.