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Shipping in the Port of Sunderland 1815-45: A Counter-Cyclical Trend
Abstract:[32] This paper seeks to explain why the port of Sunderland ran contrary to the general picture of depression experienced by much of the English shipping industry in the several decades after the end of the French Wars in 1815. The wartime prosperity of the shipping industry, based upon high freight rates and profits, gave way to a deep and prolonged depression which afflicted much of the industry, with the only termporary interruptions, for several decades. ...
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