The clothmaker. [volume] (Clinton, South Carolina) 1952-1984, August 15, 1959, Page 2, Image 2
2
nj
CLotk
_jh? _ Published moi
jVs" ' *i for employees
fr i' an?* Lydia C
Clinton, S. C
| direction of
... . _ .. Crocker, Indi
Member of South ? -p.
Atlantic Council o* lions U
Industrial Editors
Calvin Cooper
E. C. Huffstetler
The publishers of The C
items of interest from it
to your departmenta
personm
Safety Is A Pers
With so much talk about s
forget that when it comes righi
The machine we work on
use them, they don't do us n
goggles. If we don't wear thei
and I are the ones who pay on
get hurt. Even with insurance
money if we have to go to a I
There can be safety prograr
covered with safety posters,
guarded. We can all be showi
But none of these things will m
want to be. It is up to us. W<
our own safety and not depem
other fellow.
When you drive a car, you j
know you have brakes on you:
completely. You drive more s'
the roads are bad. Nor do vc
You may have the right awa
know that the other fellow rr
way?and you drive with that
It's the same way on the jol
but even so you still have to
have to use the guards?just i
car. If you see some spilled c
you weren't the one who spille
it so that neither you nor anyc
What counts in the long ri
of each one of us that we ha1
work safely. We've got to us<
follow the rules for using hand
to the safetv posters. No one e
Safe'v is a personal th'ng.
viduallv.
finuDrnmont fan't
V VI %MII 1
Code of Hammurabi, King of 1
black stone pillar
It is easy enough to pass
laws. A good many people
today seem to feel that no
matter what is wrong, the
federal government can fix
it by spending more money
or passing more laws. But if
laws could accomplish economic
miracles, the world
long ago would have done
away with p o vert y and
money worries of any kind,
along with any need for hard
work and thrift.
America is not the first
place, nor the 20th century
the first time, in which men
have demanded that the government
pass laws to guarantee
full employment, to increase
wages, to keep prices
stable, to share the wealth
mmM
ithly by and __
? of Clinton f Vi J
Cotton Mills, L^r/rjO^^j
., under the V-^jp^rr
Listrial Rela- ? .
Membtr of American
irCtlUr. nf
Industrial Kdltors
Editor
Staff Artist
^lothmaker will welcome
s readers. Turn them in
1 reporters or to the
?1 office.
;onal Responsibility
afety programs, we sometimes
t down to it, safety is personal,
can have guards. If we don't
luch good. We can be issued
m, they won't protect us. You
it the good hard cash when we
and compensation, we are out
lospital.
ns for years. The place can be
Dangerous machinery can be
n the safe way to do our jobs,
ake us accident free if we don't
2 must accept responsibility for
d on mechanical guards or the
accept such responsibility. You
r car. but you don't trust them
lowly if the traffic is heavy or
>u depend on the other fellow,
iv at an intersection, but you
lav not give you that right of
possibility in mind.
3. Your machines are guarded,
be careful. And certainly you
is you use the brakes on your
)il. you don't ignore it because
d it. You clean it up or report
tne else will slip on it.
m is a firm belief on the part
re to do everything we can to
? the guards, wear the goggles,
I tools safely, and pay attention
lse can do the safety job for us.
Accidents happen to us indiLegislate
Prosperity
Babylon, 2000 B. C? engraved on
(unearthed in 1902)
and, in general, to solve everybody's
economic troubles.
From earliest times, gov
c-i mucins, nave neen trying m
legislate prosperity. But they
failed because of the obvious
(though often ignored) fact
that government has nothing
except what it takes from
other communities. What it
gives to your neighbor, it
must take from you.
When government confines
itself to essential programs,
tax obstacles to economic
growth can be removed.
Given the chance to save and
incentives to work. Americans
will do the rest. This
would be the best way to
"stimulate the economy".
THE CLOTHMAKER
A "How-To Do-lf
PAINT POINTERSLJ
In selecting house paint,
wnetner you are going to nire
a painting contractor, or wield
the brush yourself, give serious
consideration to the kind of paint
best suited for your home.
There are, basically, three
types:
One ? "self-cleaning" house
paint designed only for all-frame
dwellings. This sort of exterior
paint stays white longer than
any other because it is chemically
engineered to chalk fairly
freely, cleaning itself when it
rains. It also provides the best
surface for repainting when that
becomes necessary.
Two ? the non-chalking type
of exterior paint that should be
used when masonry is adjacent
to painted areas. It may be tinted
to pastel colors.
Three ? "one coat" house
paint with high-hiding properties.
This type is for siding in
good repaintable condition. Like
"self-cleaning" house paint it is
not recommended for tinting.
And then, of course, there arc
ready-mixed house paint colors
available today in a rainbow of
hues.
<0u Pont Paint Information Strvlat)
WY NUT?
You Inglish teachers kan sit
bak and relax! Congress is
fed up with awl these speling
rools and stuff. Wot this
country needs is a Nashinal
Gramar Comishun to reform
the speling of Inglish words,
sez Rep. Harlan Hagen (DCal.).
So the Congresmin has
intradoosed a bil (H. R. 5541)
to establish the Comishun
wich wood complye and publish
an offishul dickshunary.
The Comishun cood inclood in
the Dickshunary eny word it
finds to be an improovment
of the langwidge.
Hou/ DOES COTTON HELP DOCTORS
AND HOSPITALS TpbAT PATIENTS?
More than 135,000 bales of
cotton were used for medical
supplies last year.
DAFFYNITION
POISE. The ability to keep
calm and collected in the
barber chair with your mouth
full of lather while the porter
tries to tfive your new hat
to another fellow.
Architects cover their mistakes
with ivy, doctors with
sod, and brides with mayonaise.
JRO
WHAT IS A PROFIT?
It is the amount?if any?
that's left over after a business
has paid all its expenses.
Another way of looking at it
is to say profits arc the wages
of capital.
We cannot produce without
paying for labor (human energy
and skill). We cannot
produce without adequate
capital. No one has discovered
how to accumulate capital
unless there are savings
?and how to induce savings
unless people are paid for it.
HOW BIG ARE PROFITS?
In a boom year like 1948,
profits of well run textile
companies averaged about 1012c
for each sales dollar
taken in. Bad years like 1958
saw many textile mills earn
less than lc on each sales dollar
with many mills actually
operating in the red or for a
loss.
Profits vary from company
to company. Superior management
may result in a few
cents more profit. Some companies
suffer losses even in
good years. What so often
we call the Profit System
ought more logically be called
the Profit and Loss System.
Business losses are always
with us.
HOW MUCH DO PROFITS
COST THE CUSTOMER?
Normally, the public acts
as judge and jury. The public
sets the market price it can,
or will pay. The manufacturer
? in competition with
other manufacturers?tries to
meet or beat the market
price.
Some efficient companies
can make a profit at the market
price?less able or energetic
companies take a loss
at the same price.
Profit is the force that
drives businessmen or face
competition ? to always im
prove price or product, or
both.
An automotive tire in 1920
cost $2.00 per thousand miles
of travel. Today's tire cost
approximately $1.00 for 1,000
miles of travel. Competition
made the difference.
Over the years, some tiremaking
companies dropped
out of the competitive race.
Others never stopped competing
and searching for new
ways to make a better tire
that gave more value for
each dollar the customer paid
for it.
Tire makers will make still
a better tire than we have
today as they compete for
profit.
In the end, profit costs the
customer nothing. What is
more ? the customer is constantly
better off because of
AUGUST, 1959
FIT
profit. The ever - present
threat of profit loss is the
public's best protection
against inefficiency.
HOW COMPETITIVE IS
COMPETITION?
Competition is not confined
to boom times. Competition
is with us always. In slack
times, it is even more diffir
* 1111 In Kinr nnrl m nniifnoln
and sell at a profit.
Many less efficient companies
go out of business in
the competitive process. Some
are able to adapt new
methods and keep right on
competing.
To stay ahead, the profitmaker
then has to think up
new and even better methods,
machines and products. Research
and development,
modern tools and equipment,
cost money. A great part of
this money comes directly
from the profits. This "retained
profit" finances new
equipment, methods and
products. Another portion of
this money comes from the
investment of shareowners.
This, too, is tied to profits.
Shareowners expect fair payment
for the use of their
money and those payments
must also come from profits.
HOW MUCH DO PROFITS
COST THE EMPLOYEE?
Two employees in a town
usually get about the same
rate of pay for the same kind
of work?even if one works
for a profit-maker and the
other does not.
The employee with the
profit-making c o m p a n v is
better off in many ways. The
profit-making company ? the
low-cost producer ? stays in
business, pays steadier wages
and more regular work.
The profit-maker can provide
bett?r working conditions,
better equipment, better
opportunities for advancement.
The future of any employee
is tied inseparably to the
balance sheet of the company
he works for. A business
that cannot make a profit,
sooner or later, has to close
its doors and quit.
Profit costs the employee
nothing. What is more ? the
employee is constantly better
off because of profit.
WHO BENEFITS FROM PROFIT?
A profit-making company
affects and benefits everyone.
A company that operates at
a profit provides jobs and incomes
for its employees. It
pays a return on capital. It
pays laxes m me community
and nation.
Profits result in new values
to the customer, steadier jobs
for employees and a fair reward
to those who risk their
savings. Profits do not benefit
a single group of individuals.
Profits affect and
benefit everyone.