Word: wool
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Best general reference: Bulletin of the wool manufacturers, Vol. XIII.; article on "The Abolition of Internal Taxes," by William Whitman...
...Magee, '89, was the last of the principal disputants. Protection, said he, is the rock on which the republicans stand. The best means of securing revenue is by indirect taxation. An equitable reduction in the tariff is what the Republicans contend for. Free wool, with a tax on cloth, would only put money into the pockets of the manufacturers, who would continue to keep up prices. Wages and profit are both higher here than in England, but under free trade both would fall...
...Republican party proposes an effective and desirable method of reducing the surplus.- William Whitman, The Abolition of Internal Revenue Taxes (in Bulletin of Wool Manufacturers, Vol. XIII...
...From interest. (a) No equivalent can be found for American wool.- John L. Hayes, "Relations of the Worsted Cloth Manufacturers to American Sheep Industry," p. 6. (b) Many mills must shut down if this bill is enacted.- Bulletin N. A. W. M., Vol. XVIII...
...From competition of unemployed wool-growers.- Editorial in Boston Commercial Bulletin, July 21, 1888; Bulletin N. A. W. M., Vol. XVIII...