Economy
Walkley's Clog Mill is one of the country's leading clog manufacturers. It moved from its original home at Fallingroyd to a site on Midgley Road in Mytholmroyd.
Acre Mill was an asbestos factory in the hilltop settlement of Old Town, owned by Cape Insulation Ltd. It was opened in 1939 to meet the demand for gas mask filters made from blue asbestos during the Second World War, and diversified into the production of other asbestos products, including rope, pipe lagging and textile, after the war. In 1970, the company closed the mill and moved to Westmorland. The mill was the subject of a 1971 World in Action investigation entitled "The Dust At Acre Mill" which revealed how the factory broke the law regarding asbestos-dust control between 1940–1970. By 1979, 12% of a total of 2,200 former employees had asbestos-related disease. The mill demolished in 1979. Cape Insulation also operated a second factory at Hangingroyd Mill.
Hebden Bridge has built a reputation for “great little shops” and has an unusually high density of independent shops for a UK town of its size. In a national survey by The New Economics Foundation in 2010 Hebden Bridge was ranked sixth on a diversity scale and was praised for its independent shops and unique shopping experience.
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)