The clothmaker. [volume] (Clinton, South Carolina) 1952-1984, April 15, 1964, Page 2, Image 2

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2 (eajjssir?^ nJ VIAV 1 > Published "iT5r for^ e^pi| and Lydi H Clinton. S 1 H direction u . . ? .. Crocker, Member of South Atlantic Council of uon Industrial Editors Calvin Cooper Truman Owens The publishers of T1 items of interest froi to your departmi pers Be Prepared ? Tax Possibly this is not the taxes, especially if you just returns. However, by April ] people at Clinton and Lydia unprepared and disappoint! i n t r\ ol'f T\ .T ? > v/-> l-? ^ HPU/Mr *??i iiuu tu t iviaiLii a. incv WJ amount of money on their political gambits with the ts If people spend all tht as a result of the tax cut, th< borrowing money to pay th In the first two months rate was 18' i and for the b; The catch is that the b; 1964 return will be 16', i. If your check is $2.00 b result of the 14' , withholdii to save $1.00 a week until known fact that you will n< What many people do n will come in two stages; th will be 16' < on 1964 incom 14' i until 1965. Yet the wit dropped to 14'i on all inc< must take out 14'? in accon Another way to solve the number of your withhol more tax to be deducted fro interested in doing this si partment. The elimination of one from individual to individu that approximately $1.80 pe Federal income tax purpose Profit ? j "Profit" is not a dirty i It is the basic need of other company that comp< security of every job in th< company's success in reachir It seems almost ridicul system. But such is the case thinkers with axes to grind But the truth is that th< reason people engage in a Expectation of profits indu the face of uncertainty anc Profits finance modernizat people into investing their thus creating jobs It is profits and the ex] economy go. Nothing else d And how much are co are amazed to learn how sr Someone has said: "The people is a company that fa true. It is a situation that ( striving to avoid. All of us who work for 1 bv helping increas product] waste, and boosting the con T hi ill It isn't the number o guards you put on Or the stairs with th< well-kept rails, It isn't the lights tha they install Or the lack of rust} nails; p5tu * tf fP [ IIlTIAIVlill monthly by and n iyees of Clinton f /-> a Cotton Mills, >. C., under the of Claude A. "V Industrial Rela t-\ ; * _ _ Member of American s Director. Auocution of InduatrUI Kdltora _ Editor Photographer le Clothmaker will welcome n its readers. Turn them in sntal reporters or to the onnel office. Deduction May Fool You i time to be talking about income got under the wire with your 1963 L5, 1965, there are likely to be many and throughout the United States ^d in the new tax law that went 11 owe "Uncle Sam" a considerable 1964 income as a result of some ix cut bill. j money added to their paycheck ?y might very well find themselves eir taxes in April, 1965. this year, the lowest withholding alance of the year it will be 14%. isic tax rate to be applied on your igger each week for the year as a ig rate, you will be playing it safe you file your 1964 return. It's a 1 *4 reu it. ot realize is that the tax reduction le lowest rate on personal income e; the basic rate will tint drop to hholding rate on 1964 income was )me after March 5. The company dance with the law. this problem would be to reduce ding exemptions. This will require m your wages and salary. Anyone lould contact the Personnel De exemption will, of course, vary al, but in most cases it will mean r week more will be withheld for s. \ Basic Need word! Clinton and Lydia Mills and any sies in a iree marketplace. The ? company rises or falls with the lg that objective. ous to have to defend the profit in the United States today. Muddy criticize the profit system. ? expectation of profits is the only business or invest in a business, ces companies to risk savings in 1 serves as a reward for success, ion and expansion. Profits draw savings in productive enterprises, oectation of profits that make our oes. rporate profits? People generally nail they really are ? worst crime against the working iils to operate at a profit." That is Clinton and Lydia is continuously Clinton and Lydia can do our part ivity, improving quality, avoiding tpany and its product. 4 Safely f It's true that these do help a bit, ? But. when all has been done and said, t The thing that prevents the accident r IS THE WAY YOU USE YOUR HEAD! THE CLOTHMAKER You Make Many Important Decisions Decision making can be found at the core of every successful job operation ? whether it be on a manage ment level or on the production line. There are some who say that the only people in the company who make the important decisions are the top executives. Those who feel this way are pretty easy to recognize. For "What's the use?" is the philosophy of the chap who throws up the sponge when the battle has just started. He sits down alongside the road when he finds that the signpost deceived him. Instead of lengthening his stride he is satisfied with "good enough." He has no goals, no visions He accepts no challenges. "What's the use?" and "Why should I?" are the two most fatal phrases in the English language. They mark the dividing line between success and failure for thousands of human beings. Undoubtedly, management does have the responsibility for making many important decisions. But there are a good many decisions vital to successful operations which management does not make. For example, the decision to avoid the costly waste of materials or time is one that must be made by the employee. Keeping quality high by putting one's best skills and care into the product represents a decision by the employee. Then there is the decision to try to find wavs to improve operations, to offer suggestions. For another, the decision to work safely. All important decisions ? and only you, not the top executives, can make them. Free Enterprise Savings Make Your Job If industry created a new job for you today, how much do you think it would cost to set you up for that first day of work? At least SI8.000 new capital investment--a staggering $18 billion per year in the United States. And at least another $20 billion a year will be needed to maintain the plants and machinery of 67 minion present lobs. The money ? where is it coming from? The same sources of capital that have provided it in the past -savings in the form of retained earnings of corporations (the corporate profits put aside for expansion), and the personal savings of the American people ? your savings. Since a large proportion of the capital needed must come from the invested savings of individuals, it is only through this voluntary cooperation between investors and industry that we can survive and prosper. Research Advances Textiles When Man Lands Textiles Many years ago, a small So accepting orders from an indepe for its sales of canvas wagon co Working together, the mill and the selling house built a prosperous business. Their cotton covers for wagons shielded many of the pioneers who settled and developed the West. As time passed, the manufacturers and salesmen drew closer, finally becoming parts of a single organization. Their roles remained essentially the same, however: One group sought orders and the other group produced the goods to fill them. A couple of years ago. the salesmen were asked to provide material for a project far removed from the covered wagon tops of pioneer days. They were asked to develop a scientifically engineered fabric to house the delicate equipment of the Telstar satellite. The fabric was developed and manufactured, shipped to Maine and erected there as a giant radome, protecting the sending and receiving devices for this country's first major communications satellite. The fabric is still in use. One company's ability to progress from canvas wagon covers to modern radome fabrics is just an example of the textile industry's amazing growth within the larger framework of the growth of the United States. It is part of a great untold story of an industry's endless effort to provide what the times demand, and, in many cases, to be ahead of the times. . KNOW Y O k. THE STAT Designed hv Colonel William Moultrie in 1775. the South Carolina flag commemorates the defense of an island fort near Charleston (later named Moultrie) bv the colonel's troODS. who worn hi 110 uniforms and enps decorated with silver crescents. The following year. British ships attacking the fort on Sullivan's Island found their cannon APRIL, 1964 On Moon Will Be There uthern textile company began rndent selling company known vers. Since 1952, the textile industry has spent about four billion dollars to insure that we don't produce covered wagon tops when uniforms for outer space are the order of the day. In 1964 alone, the textile industry is expected to spend about 750 million dollars to provide the plants and equipment to make sure that if it is possible to put an American on the moon, he won't arrive naked, cold and homeless. In fact, textile research has already provided that when a man lands on the moon, textiles will be there. This is not only true in the sense of his protective clothing, but also in the sense that textiles will be in the space craft he rides. If he is required to erect any type of shelter on the moon, it will probably be of a collapsible type of fabric engineered for special protection against harmful rays and temperature extremes. Moreover, any man on his way to the moon, or on his way back home, could stop over at a floating space platform that will have been shot into space and inflated on arrival. To speak of the moon is to cover a tremendous distance from the pioneer days of the Old West. But the textile industry has covered the distance ? and the years ? without breaking stride a single time. buildings except when closed for vacations. U R STATE E FLAG shots sank into the soft palmetto logs and were stopped. Thus the palmetto tree was added to the flag in 1777. The flag should be displayed daily, except in rainy weather, from the State House, every court house and state college in South Carolina and within all nublic school