This picture of the woollen industry is that of an industry
still dependant on hand-loom weavers and water power. The fact
that the wool had to go over the hills to the Newtown flannel
exchange always put Machynlleth at a disadvantage to the other
Montgomeryshire flannel towns.
The quote from the Hand-loom Commissioner is a clear indication
of the poverty levels among local weavers as well, perhaps, as
a measure of their distrust of banks.
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