Business: Lace Under Umbrella

Virtually all lace today is made on machines. Handmade lace, so dear to old ladies, is an insignificant item in world trade, and most of it is made not in Europe but in China. France and England are the leading machine-lace producers but the U. S. also has a lace industry. It represents about $25,000,000 of invested capital, employs 8,000 workers and last year turned out $8,000,000 worth of lace and lace goods.

Godfather of the U. S. lace industry was the late Senator Nelson Wilmarth Aldrich of Rhode Island, where 41% of the...

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