Tariff debate on woolens and domestic industry gains
The speaker argues that high costs and limited diversification hinder American woolen makers against England. He cites imports, gains from delaines, and praise for U S mills like Globe in Utica and Washington Mills in Lowell. A foreign expert, Louis Chatel, supports American progress and questions the need for further tariffs. He warns that breaking home competition invites cheap foreign goods and British price hikes.