Newspapers / The Caromount (Rocky Mount, … / Jan. 1, 1948, edition 1 / Page 1
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The Caromount News _ PUBLISHED EACH MONTH BY AND FOR THE EMPLOYEES OF THE WILSON AN VOL. 6—NO. 1 SIDNEY BLUMENTHAL AND CO. INC. Group Insurance Plan Begins Thirty-Fifth Year On January 16, the Sidney lumenthal & Co. Inc. and Aetna Insurance Co. celebrated ^n anniversary of considerable distinction—the first group insur ance policy ever written by the Aetna Co., issued Jan. 16, 1913, Provide $271,721 insurance for ^^nmenthal employees. This policy was written at the request of Sidney Blumenthal, then treasurer of the company, at 3 time when group insurance was practically unheard of. Although Aetna called this policy “No. 2”, ^t Was actually the first group in surance plan that Aetna ever is sued. S. Johnson, secretary of the roup Division of Aetna, com- uienting a few weeks ago on this policy said: “The growth of group insurance to the present day proves that Mr. Blumenthal took “ /'^ery far-sighted step in indus- rial relations when he decided to provide life insurance protection ®r his employees under an in sured plan. Group insurance was practically unheard of in 1913, since the first group life policy 'written by any company had been P aced in effect but a short time efore in 1912. Today group life insurance forms a part of prac- ically every sound industrial re unions program, and as of a few uionths ago there were over 3,000,000 employees covered for ahnost $27,500,000,000. In the Aetna alone we have some ? 100,000 employees insured for almost $4,500,000,000. We are proud and pleased to ave served your group insurance ueeds for 35 years. We value this ung association very highly.” (Continued on Page Two) Manager's Me&sage Once again we embark on our journey through a new year and gerly take up our daily tasks '^im renewed determination. We are very thankful to all of >ou for your fine assistance in Perating our plants during the Voiir forward to your continued suport as we once Doties and re- P^sibilities. nrio!?" oojoy happiness and Year^^^^*^^ throughout the New E. H. Suessmuth, Resident Manager Sidney Blumenthal — 1863-1948 Sidney Blumenthal, Chair man of the Board of Sidney Blumenthal and Company, Inc., passed away early Monday af ternoon, January 5, 1948, at his New York home, 262 Central Park West, New York City. We regret the loss of Mr. Sidney Blumenthal, the beloved founder of our company. His accomplishments were many, and long will they be remember ed. He was always considerate of his fellow man and aware of the efforts of those who were as sociated with him in his busi ness life. He has set a standard of accomplishments and busi ness ethics for his organization and we all strive to live up to his high ideals and principles. His determination and forti tude in coping with his handi cap set an example of courage which remains unsurpassed. Ever mindful of the working man s problems, he was a strong advocate for social reform; and thanks to him, our company has the distinction of being one of the first to provide group life insurance for its employees. Admired and respected by everyone who knew him, his friendly smile, sound philoso phy, and kindness will be miss ed, and the memory of him will live forever. D CAROMOUNT DIVISIONS JANUARY, 194B Safety Record Shows Improvement In 1947 The accident record for 1947 was about 30% better than 1946; and we are proud of this improve ment ; but we never want to forget that our goal is No Accidents and No Lost lime, and we must always be striving and pushing ahead to ward that objective. Haste and Carelessness Many of the accidents that hap pened were due to unnecessary haste and carelessness. We hate to think that we are careless; but unless we perform our duty in the correct manner, then we are care less. If you do not promptly re port an accident, you are careless If you do not try to help your fel low man by warning him of poten tial dangers, then you are again careless. Accidents Can Be Prevented The do’s and don’ts in the av erage life are many; and at times it seems that the rules, regulations, and laws by which we are asked to abide come from some endless source. That is perhajis true, too; and these rules will always continue to be made as long as circumstances demand their necessity. Each law that we have was originated to fill a need; and so it is with safety rules. We can not keep a person from sticking his hand into a moving machine; but we can tell him of the dangers. About 90% of the time the indi vidual can prevent an accident by being thoughtful. The earnest cooperation of each and every employee is requested by our management and by the Safety Committee to make 1948 the safest in the history of the com pany; and by doing so we will help to assure ourselves of a sound body, and a year of knowing that we are doing our job well. (Continued on Page Two) Jacquards Operating The first group of Jacquard looms is in complete operation and production from them is be ing distributed to the trade. An other shipment of Jacquards is expected during January and will be installed imediately. All those who have been assigned to work on the Jacquards have expressed their delight in the new assign ment, and we are very much pleased with the interest which has been shown in this new project in our weave shed.
The Caromount (Rocky Mount, N.C.)
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Jan. 1, 1948, edition 1
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