Early Stages of Reconstruction and Diversification in the Postwar Era
During the First World War British heavy manufacturing trades generally achieved record levels of activity. After that they had to face the trauma of reconstruction to meet peacetime levels and types of demand. Government, recognising the problems, set up Reconstruction Committees for various industries. Naturally, for no business was conversion to peacetime operations a more serious problem than for armament firms. All of them had extended existing plants and built new works so that their activities had become even more widely scattered. Vickers, for instance, now had works at Sheffield, Barrow, Erith, Dartford, Crayford, Birmingham and Ipswich as well as in Canada, Italy, Spain, Japan and Russia. Expansion had been so great that co-ordination had become extremely difficult. As a new chief within that department recalled much later, Vicker’s accounting system in 1920 was in a terrible state.1
KeywordsSugar Depression Steam Shipping Turkey
Unable to display preview. Download preview PDF.