Woolen industry

Definition and stakes

Three textile raw materials and their manufacture (1924)

“ Although, at the present time, the demand for worsted materials is a great deal heavier than the demand for woolens, the woolen industry is by far the older of the two, and may rightfully claim that the worsted branch is really an off-shoot of its tree. ”
Source: Gutenberg

Various,  The Century Illustrated Monthly Magazine…

“ Taken in connection with the price of wool, the discrimination against the coarse, heavy-shrinking wools used primarily by the woolen industry appears even more striking. Thus, on the finer grades of wool quoted in London at forty-seven cents per pound, the duty of eleven cents would be equivalent to twenty-three per cent. ad valorem; while on the lower-priced wools, the only kind that is available for the poor man’s cloth, the eleven-cents duty would be equivalent to the prohibitive figure of anywhere from one hundred to five hundred and fifty per cent. ”
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature