Both sides of the family were involved in the textile industry: the Taylors had been making cloth since the eighteenth century in Batley, while Alice Cooke's father had established a carpet manufacturing business at Liversedge.
In 1906 Taylor began a campaign to halt the Indo-Chinese opium trade, winning the support of the new Liberal government of Henry Campbell-Bannerman.
[2] Following his retirement from parliamentary politics, Taylor continued actively to manage the textile business, while promoting the benefits of profit-sharing.
[3] He also sought to promote education by allowing his employees to attend technical colleges and by providing scholarships to his former school, Silcoates.
He was still the managing director and chairman of J T and T Taylor's, and the company's employees enjoyed a day trip to the seaside resort of Blackpool.