To start out with, if you had original size tires (P235x75r15 - roughly 27x8) on it and you went to a 32x10.5, then yes, you are going to see a substantial "power loss". It would be like you running in a pair of shoe that fit compared to a pair that are 2 sizes too big, you can do it but you don't get the same results. The only way, excepting an engine rebuild, you are going to get that loss of power back is to regear or go back to original tire size.
As to your carb question, that will help some, but not as much as you sound like you want. I would start out by making sure you have a good air cleaner, a dirty one will rob tons of hp if you don't stay on top of it. Second, make sure that the thing is properly tuned. If you have your plugs & points set at the wrong gap that is a drain, bad plug wires, incorrect timing, etc. You need to check those before you go sticking a high dollar carb on. Just going off of memory here, buy your point gap should be .034, plug should be something like .017 and timing should be 6 BTDC plus 1 degree for every 1000 feet of elevation you are at. In my case, I am at 6500 feet above sea level so I used to (when I had points) time mine at 12*. I don't remember what the dwell should be, I am sure that someone will speak up. Another thing that might sound stupid, but is very simple to do is that make sure a plug wire didn't get put on a wrong cylinder. These are all things I would do before I ever bought a new carb. If these don't help, let us know and we can go about other routes of squeezing more HP out of what you have without getting too terribly expensive.