Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-gb8f7 Total loading time: 0 Render date: 2024-11-25T06:53:28.780Z Has data issue: false hasContentIssue false

8 - Industry and commerce

Published online by Cambridge University Press:  04 April 2011

Get access

Summary

Dependence on the Nile river, while yielding admirable results in good years, was, alas, a dependence on whimsical or capricious nature, which through floods and droughts, good years and indifferent years showed man how little he controlled his river, and how much lay at the mercy of nature's forces when he was buffeted by catastrophe in bad years. Muhammad Ali was too practical a man to trust wholly to the caprice of nature, and tried to harness the river with the technology of his day. Oriented as he was towards trade and commerce, he must needs develop manufactures in order to have a favourable balance of trade: two planks in the edifice of mercantilist thought. Diversification of investment into industry, trade and commerce was imperative. These were fields that Muhammad Ali understood even better than he did agriculture.

Egypt had always been a cotton-textile exporting country, although it had its ups and downs. It had imported all its raw silk and some of its cotton from Syria. In return Egypt paid for these imports by exporting rice and cereals to the area, and some textiles. Egypt had also exported textiles to France in the early part of the eighteenth century. By the end of the century that market had contracted for various reasons we have already referred to, not least of which may have been the death of textile workers from the plague that ravaged the land by the end of the century.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 1984

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×