World 1760 - 1939
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Timeline World 1760 - 1939 |
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1865 Suez Canal opens 
This label was made for one of Horrockses main rival, John Goodhair. John Goodhair made cotton cloth in Preston. It was exported to India via the Suez Canal. The
Suez Canal linked the Mediterranean Sea with the Red Sea. Before it
was built, ships carrying goods to and from India and South East Asia
had to sail around the southern tip of Africa. Once the Suez Canal was
open it gave ships a quicker route between Europe and Asia. Trade between
Britain and Asia increased. British industries supplied manufactured
goods to the Indian sub-continent. Lancashire's cotton industry became
heavily dependent on the Indian market, and this represented one of
the main trading areas for firms such as Horrockses of Preston.
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