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Spray, N. C., December 18, 1967
Officials Cite Need For Imports Control
A CHRISTMAS MESSAGE
FROM OUR PRESIDENT
While our business in 1967 started
out on a low note, the past three months
have shown a marked improvement in in
coming orders and this past November
your company had all-time record ship
Our present unfilled order position
is substantially ahead of a year ago and
we expect that 1968 will be the best year
in the history of Fieldcrest Mills.
I want to thank all of you for your
cooperation and fine effort in making this
company the successful one that it is.
Very best wishes from the Directors
and me for a Merry Christmas and a
Happy New Year.
Imports Have Cost Americans
200,000 Jobs, Representing An
Annual Payroll of $950 Million
Imports cost Americans 200,000 jobs
in the fiber, textile and apparel in
dustries last year, an official of the
American Textile Manufacturers Insti
tute said last week.
“These jobs,” said James S. Parker of
Charlotte, technical services director of
the ATMI, “represent a $950 million
Mr. Parker, speaking to a Marion
civic club, said that in North Carolina,
where 13.7 per cent of the nation’s tex
tile and apparel complex was situated,
“About 27,000 potential jobs were lost to
textile imports—jobs with a payroll of
more than $120 million,”
He added that in 1961 textile imports
amounted to only 934 million square
yards. This year, he said, “they will tip
the foreign trade scale at well over 2.6
billion square yards.”
“When textile imports are allowed
to enter our country at these rates the
effect can only be to erode a substan
tial portion of our industrial growth,”
Mr. Parker said.
Meanwhile, other industry officials
pointed to the need for controlling im
ports which threaten the displacement
of more American jobs.
Frederick B. Dent, president of the
ATMI, said that it “will be particularly
helpful, both in fact and in industry
confidence, if the Congress will take
action early in 1968 to impose some rea
sonable controls on the imports of man
made fibers and of textiles and apparel
(Continued on Page Eight)
G. W. Moore
Credit Union Schedule
The Credit Union offices in all areas
will be open during the regular hours
through Friday, December 22 and will
then be closed for computing dividends
through the end of the year. The of
fices will reopen for business as usual
Tuesday, January 2.