Doubt as to the wearing qualities of the many substitutes and mixtures which have been introduced on the German textile market, coupled with the Jewish boycott of German goods abroad, have brought the textile industry in this city to a standstill, it is revealed today in a report on the decline of textile production in Chemnitz.
The report discloses that Chemnitz, once a flourishing center of the textile industry, has now been converted into a center of unemployment. Many factories have dismissed their workers because the export of textile products has greatly suffered due to the world boycott of German goods.
Both cotton and wool spinners, the report states, are complaining about the difficulty of obtaining permits for the import of raw material where foreign currency is needed. The prospects for trading with firms abroad are very poor. Export business in all knitted goods is scarce, since buyers are doubtful about the wearing quality of many substitutes for cotton and for wool. The glove factories are especially at a standstill, since the glove trade on the whole is very short of orders. Trade with the United States has shown no sign of improvement, the report shows.
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