« British trade was beginning to run in a new direction. As Lancashire cotton spinning became more efficient in the 1780s it captured the markets to which the Company had been exporting the textiles it bought in India. By the last years of the Napoleonic wars, costs had been brought down to a point where manufacturer could even meet the expenses of taking their goods out to India and compete there against local producers. » T. O. Lloyd, The British Empire, 1558-1995, coll « Short Oxford History of the Modern World », Oxford University Press, Reed, 1995, p. 133.
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