"At the present time the textile industry in Texas is seeking to normalize itself after running at a peak production for the last ten years. It is one of the most competitive of our industries. The mills in Texas have always had to compete with the large mills located in the Eastern states, which have many advantages over the Texas mills. ... It has been only recently since the manufacture of synthetic fibers began in Texas, and it has not yet been fully completed. At the present time only the ingredients for synthetic fibers are produced in Texas. ... Cotton and wool manufacturing may develop gradually, but in the field of synthetics appears the greatest opportunity for a future textile industry in Texas."