To Reduce the Duties on Wool and Manufactures of Wool

Angebote / Angebote:

Excerpt from To Reduce the Duties on Wool and Manufactures of Wool: June 6, 1911, Committed to the Committee of the Whole House on the State of the Union and Ordered to Be Printed The duty on woolen goods imposed by the act of 1816, when compared with those now in force, was extremely low, but the industry, though it suffered in common with all others from the currency crisis of 1819, continued to ¿ourish, and by 1828 was firmly established. In 1828, 13 woolen manufacturers testified before the Committee on Manu factures of the House of Representatives as to the situation and work of the industry. Six of these had begun manufacturing before 1815, while the remain ing 7 had started since. Spinning machinery was in use in all, but some used power and others hand looms. Several expressed the opinion that, so far as the mere cost of manufacturing was concerned, they could compete with the English manufacturers, but they were forced to pay more for their wool. Thus, by 1828, when the duties upon wool and woolens were for the first time made excessive, the industry had gained a strong foothold. But the high duties on wool in the tariffs of 1824 - 1832 confined the industry to render such coarse products as could be made from domestic wool. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.