MONMOUTHSHIRE. Shares of £250. black. #600. No 153. Printed on vellum. The coal-mines and iron-works which Monmouthshire shared with South Wales were very important. The industry of coal-mining dates from the 12th century, but lapsed until the construction of the Blaenavon-Newport Canal in the 1790s. In1740 Monmouthshire contained only two furnaces, making 900 tons annually. In 1790 three new furnaces were constructed at Blaenavon, and after that the industry grew steadily. It was helped by local deposits of limestone, fireclay and iron, although theiron was inadequate, and most was brought from other areas. It appears that the owners of the company lived in the elegant English city of Bath.
Themes: COALMINES, METAL & ENGINEERING
Date: 13 December 1839
Startprice: € 250