Historical Newspapers of South Carolina

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2 <?MSftr?SS CLd .t, i Published irC r~3l for empl I and Lyd J Clinton, ! 1 " direction Crocker. Member of South Atlantic Council of Xior Industrial Killtnrs Calwin Cnnr>o? E. C. Huffstetler The publishers of 1 items of interest fro to your departn per; GREENVILI Serving The Ti Pride in Those who examine Ai whether our people, gem pride in achievement. As a nation we continu resourcefulness, technical r good many places that as little interest in, or respec Dr. James R. Killian, P adviser, took note of this m cans need to develop a higl pride in achievement. What counts, he said, i: to the "factor of excellenc Disquieting signs exist enough about excelling in ning a business, making a in a store, holding down a There are at least a cov One is how we as indiv to do what we may vaguel clear standards of excelleni necessary to succeed by tl plishment is indeed sadly The game of getting th month, of drawing pay for us all at times. But nothin that way. The day that becomes of life, the Russians can lie The second thing is ho1 Do we respect them for tl downgrade and belittle tl because they are ''not like If we should ever n that to be superior in any < ing of scorn and ridicule, tents. For this world will More than ever, the rac? had better be swift, but if better learn to think well c ?Reprinted with Piedmont (issue Re Many customers are dei service. But they're also d formance. Thev expect us You only buy products That's the way our custom Just What i. It has nothing to do wi is a way of living in which Little things make up this would lose if you ever sun i ilt r.i it_Tpn.se is inc ri store or buy a farm, if y< change your job if you dor Free Enterprise is the r Free Enterprise is the r blow it on a good time if 1 Free Enterpi ise is look protect you, on a judge as ; Free Enterprise is the i think best. Free Enterprise is the r you wish. Free Enterprise has not you have or don't have, nr Enterprise means the right is the sum of many little th if someone stole it from y< monthly by and __ oyees of Clinton / ia Cotton Mills, L S. C., under the of Claude A. Sj Industrial Rela- w . ,e Dirpptnr Member of American IS Uirector. Association of Industrial Editors Editor Staff Artist 'he Clothmaker will welcome ?m its readers. Turn them in lental reporters or to the ;onnel office. _E PIEDMONT Center of the World Achievement merican life closely today wonder ?rally speaking, take a sufficient e to get high marks for ingenuity, nastery. Yet there is evidence in a individuals some Americans show t for. solid accomplishment, resident Eisenhower's top scientific latter recently when he said Amerihier regard for learning and a fuller 5 the importance Americans attach e" in our society. that a lot of us don't worrv nparlv the things we do, whether it's runproduct. trying a law suit, clerking government job. or keeping house, jple of things involved in this, iduals feel about trying not simply y define as "our best," but to meet ce. If we do not think it is good or hat test, then our pride of accomlimited. trough the day, the week, and the routine effort, is one that may lure g great was ever built or sustained the American's general philosophy k us without firing a shot, w we look upon others who excel, leir attainments? Or do we try to tern, to treat them with suspicion us"? neonle. serionslv pntoHam endeavor is to bo odd, to be deservthen we might as well fold up our prove too tough for us. ? today is to the swift. We not only we wish to gain that end we had >f those among us who already are. special permission from the Greenville of Jan. 12, 1959). liability manding not only good quality and emanding reliable, every lime perto be consistent. on which you depend every time, lers buy. s Free Enterprise th politics nor wealth nor class It vou as an individual are important. ,.f i ?--- ? wi living, uui ininK wnat you 'endered it: ght to open a gas station or grocery ou want to be your own boss, or ft like the man you work for. ight to lock your door at night, ight to save money if you want, or that's what you prefer, ing on a policeman as someone to n friend to help you. ight to raise your children as you ight to speak freely about anything hing to do with how much money >r what your job is or is not. Free to be YOURSELF. Free Enterprise ings ? but how miserable you'd be 3U. THE CLOTHMAKER THE S A ' THE Cl'RTIS PIT H 1. I S II 1 N O COK AMERIC/ (Reprinted by special permission of THE SATURDAY EVENING POST, Copyright 1958 by The Curtis Publishing \ V^V/M C pU U If . ) Most Americans respond favorably to the general purpose behind the Administration's effort to expand international trade. However when you get down to cases and understand how the reciprocal-trade program works in specific instances, approval is considerably short of unanimous. The plight of the textile-manufacturing industry which involves an investment of $8,000,000,000 and provides employment for more than a million workers and $4,000,000,000 investment in the apparel industry, is a case in point. The threat to the cotton-textile industry is a weird combination of obstacles before which any American industry might quail. First, thp lovtilo mnnnfn^ turer who uses cotton yarn must buy his raw cotton at the price fixed under the agricultural-support program. In the meantime the Government, stuck with cotton which it has accumulated at the support price, sells it in the world market, where the price is about 20 per cent under the American "kept" price. Thus the manufacturer in Japan, Italy or Indonesia is able to buy his major raw material for 20 per cent less than his American competitor has to pay. Whv, it may be asked, doesn't the American manufacturer go into the world market for his cotton? The cotton Farmer's lobby and its political henchmen have taken care of this possible loop-hole by placing an import quota on High Impc This chart shows two reasons for the unemployment problems within the U. S. textile industry. The chart indicates clearly that there has been a decrease in exports ol textiles produced in this country and an increase in imports of goods made in low-wage foreign countries. In 1948. U kj. cApwi is *?i icAiiit's amounicd to about 800 million dollars. Imports in 1948 were worth about 800 million dollars. In 1957 we exported only 498.8 million dollars worth oi textiles while importing 486.fi million dollars worth. Current information on 1958 exports shows that a further decrease in U. S. exports of textiles is in prospect, with shipments of cotton goods more than 84 million square yards behind 1957. In 1948 when exports were high and imports were low. tin? textile industry emplyoed 1.868.00(1 persons. Latest information shows that employment in the TURDAY EVEN I IPANY ^111111^^^8^^ i'S TEXTILE II raw cotton. Although most raw-cotton imports arc prohibited bv the quota, the prcr sent duty on cloth dresses, shirts and underpants made from our exported cotton does not close the gap between the world price and the higher American legislated price. Anotlior mainr <r? llm ; textile industry is the difference between American high ; wages, to a large extent com[ pulsory under various laws and regulations, and the low wages prevailing in competing areas, especially Japan and Hong Kong, The classical ; free-trade position?advanced i bv supporters of the General Agreement on Tariff and Trade?is that consumers arc i entitled to the benefits of low costs in other countries I and that, if the American producer cannot meet the competition, he ought to go into some other trade. But, argue the American producers, even i if it were desirable to junk the American standard of living in order to boost standards _! ?? ? * - " " oi living cisewnere, it couldn't be done without the repeal of minimum-wage and maximum-hours and other protections which the American ; worker now enjoys. Furthermore, the U. S. Tex; tile man points out. our International Co-operation Adi ministration and other distributors of foreign aid have i made the lot of our foreign competitors even easier by helping to equip them with brand-new plants and the latest machinery to go with 1 them. Modernization of the American industry, while im; pressive. has been hampered i bv inadequate depreciation allowances, i As of now. imports of all )rts Equal Low Ei U. S. Imports and Exports of F Manufacture Million Qollars eoop "! 111 4??- | |^(i ^ H 'sports ^ JImI 1348 49 50 51 52 i I industry has dropped to 951,i 000 in 1958, a year of lower exports and higher imports. FEBRUARY. 1959 N G POST RUS II. K. CURTIS. Pmidrnt, IKS3-19.12 MDUSTRY textiles are but a small fraction of the total textile production in this country. Furthermore, the American industry exports more textiles than it imports. However, the manufacturer of one category of textiles, ginghams or velveteens for example, heavily hit by lowcost imports, does noi oeneiu because the manufacturer of another variety, like industrial webbing, is unscathed. The ratio of textile imports to exports is far less in favor of exports than it once was, for the obvious reason that our foreign customers are being taken from us by competitors blessed with the advantages already mentioned. Obviously we cannot build a nonscalable tariff wall around the textile industry. However, it does not seem unreasonable to suggest a compensating import duty on goods made from the cotton which we supply to foreign processors at a 20-per-cent discount. After all. American flour mills are protected against imports of flour made from wheat sold abroad for less than the support price. A little less enthusiasm for set ting up still more textile industries abroad with American money would also contribute. There would still remain the wide difference between American and Asiatic wages in the affected industries. Probably there is no cure for this except an enforceable quota which should be liberal enough to give the Japanese and foreign industry generally a reasonable share of the market, but drastic enough to prevent disaster to the domestic industry. mplovment m m abrics, Apparel and Related s, 1948-1957 Pereer* Imports e*Por, os PCfc?nt 53 54 55 6 6 6/ Thus, American textile jobs are threatened bv continued high imports of textile goods.