"Red Coats: A Different Look at the Battle of Waterloo" Topic

6 Posts

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Flashman14	16 Jun 2015 1:36 p.m. PST
"Consider that in 1760, Britain imported only 2.5 million pounds of raw cotton. By the 1830s, it imported 366 million pounds of cotton and the price of yarn fell to one-twentieth of what it had been. This was revolutionary!" link
JimDuncanUK	16 Jun 2015 2:54 p.m. PST
But the red Coats were made from wool!
Flashman14	16 Jun 2015 3:18 p.m. PST
Touche. I knew that too.
JimDuncanUK	16 Jun 2015 3:44 p.m. PST
The report author Marian L. Tupy didn't explicitly link the red coats with cotton but certainly implied it in the article title. Just another journalist then.
vtsaogames	16 Jun 2015 4:03 p.m. PST
Not what the article was about (the price of clothes), but a major advantage the British had during the Napoleonic wars was the ability to raise money paying about half the interest rate the French did. It appears businessmen trusted the nation of shopkeepers to repay loans. The genesis of the French Revolution was the inability of the Royal government to make loan payments.
enfant perdus	16 Jun 2015 8:23 p.m. PST
Just another journalist then. The Cato Institute is a Libertarian/Conservative think tank. However, just as is the case of many journalists, I think this is an example of someone with a bit of intelligence and education making assumptions about things rather than doing five minutes of research.

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