The weavers were tied with the company traders because they were under loans. This means that the weavers had borrowed money from the company traders and as a result, they were forced to sell their products exclusively to the traders in order to repay their debts. This practice was prevalent during the colonial period in India, especially during the British rule.

The weavers, who were mostly poor and lacked the necessary resources, often had to take loans from the company traders to purchase raw materials like yarn and silk. Since they did not have the financial means to buy these materials upfront, they became dependent on the traders for their supplies. However, the traders took advantage of this situation and charged exorbitant interest rates on the loans, trapping the weavers in a cycle of debt.

As a result of the loans, the weavers were tied to the company traders and had no choice but to sell their finished products exclusively to them. This meant that they were unable to explore other markets or negotiate better prices for their goods. The traders, on the other hand, had a monopoly over the weavers and could dictate the terms of trade to their advantage.

The weavers' dependence on the company traders and their inability to repay the loans further worsened their situation. They were often trapped in a cycle of debt, as the interest rates charged by the traders were so high that the weavers could not earn enough from their sales to repay the loans. This resulted in the weavers becoming further impoverished and led to a decline in the handloom industry.

In conclusion, the weavers were tied with the company traders because of their indebtedness. They had borrowed money from the traders to purchase raw materials and were forced to sell their products exclusively to them in order to repay their debts. This exploitative practice contributed to the decline of the handloom industry and further impoverished the weavers.