Article · 39 pages
An economics article by F. W. Taussig, published in the Quarterly Journal of Economics in October 1893, examining the effects of the U.S. tariff system on wool and woollens established in 1867. The first part treats duties on clothing, combing and carpet wool, covering domestic production, the westward shift of sheep raising, imports and price comparisons. The second part treats duties on woollen and worsted manufactures, their growth, imports, competition from foreign goods, and the likely effects of free wool and reduced woollen duties.