MOffMB ANAGEMENT SPEAKS January 2, 1952 he Employees of Erwin Mills: want to take this opportunity fish eaeh one of you a Very py and Prosperous New Year, as been with keen regret that ve seen so little of you during >ast year while serving as Presi of the National Association lanufacturers. Now that lam : fall time I look forward to ing each of our plants as often ossible, and to seeing more of My experience in traveling all the United States and meeting ness men in every type of in ry, while strenuous, was bene -Ito me. I hope that experience enable me to do a better job he Presdient of our Company. r e regret that the lack of busi has forced us to run short time ecent months in many of our its. The truth is that the textile istry has been going through a depression. I am sure you w that a very great number of ile plants have been experi ng short operations. Further e, a number of our products inue to sell below costs. How , improvement is predicted for industry, and we surely hope it soon be a reality. I want to re you that we will continue ig the best we can for you. he unsettled world situation, of rse, gives us all concern, but let liope that by working with our nds abroad we can maintain the ce that we all pray for and work bard to secure. Faithfully yours, Wm. H. Ruffin President and Treasurer illiam H. Ruffin as Busy Month )ecember was a busy month for , William H. Ruffin, President i Treasurer of Erwin Mills, Ins, 1 retiring President of the lal Association of ManufiMpt On Monday and Tuesday, fp* iber 3rd and 4th, the 'rst lational Conference di Manu turers, sponsored by NAM, met study various aspects of pro itivity in Europe and America, this meeting, Mr. Ruffin wel led the international delegates I in his speech brought out sev -1 questions pertaining to produc ty. Many of the ECA members AT THE ANNUAL N.A.M. DINNER ' , r . : "'v ' ..^3s : s * IPV IP *&¥ *BH K M*L '* y ■■ MiH - --yK jflHßk v ML Hb I Boating, Robert Montgomery,, Wm. J. Grede and William H. Ruffin meet before the annual N.A.M Dinner. 7 t THE ERWIN CHATTER Vol. VIII, No. 1 SOME FACTS About Your Company And Your Job iERWINr HOW EACH DOLLAR RECEIVED FROM SALE OF PRODUCTS IN 1951 WAS USED •••••••••• .... •••••••••# •••••••••• . •••••••••• •••••#•••• • Pari to npMws 26.1t J §§§§§§§§§§ Sqpfe, npare, i & A ** A mt aft* op«Bs 11.6 c J L.€ Tins - Mnl ai st* 5 M ##### Pepreciib— • vnr wA tnr •fMprivN 2M ##( PariUstidMJvs MMkMikMi— ■ M '&£ . ,-gg _ . ,j • . . > H MP* is ' 'i. "1 who hav© M M IBBp-were —■fwmuM, Ha lah U mil inducted the 56th taMi •# American Industry. AftfelfcMay luncheon meeting of Congress, Mr. Ruffiin made £ijming speech in which he urged Americans to "look behind the head lines to see how far we have fallen. For every influence-peddler there must be an influence-buyer, he said. "For every bribe-taker there must be a bribegiver. For every tax flxer there must be a tax-avoider. For every corrupted official there must be a corrupter. For every JANUARY, 1952 crooked politician there must be tens of thousands of politically lazy and morally apathetic citizens." Mr. Ruffin urged all businessmen to dedicate themselves to make their contribution to the "fundamental American concept of individual re sponsibility. That concept in ac tion," he concluded, "can be as pow erful in the defense of our individ ual freedom and national security as any armadas we can launch, any air fleets we can build or any armies we can muster." The NAM 56th Congress ended on Friday night with the annual dinner at which the actor and radio commentator, Robert Montgomery, and Bishop Henry Knox Sherril of the Episcopal Church were the speakers. President W. H. Ruffin presided and the Rev. E. A. De- Bordenave, rector, Christ ChurchJ Philadelphia, gave the invocation. Mr. William J. Grede, president of Grede Foundries, Inc. of Milwau kee, Wisconsin, is the newly elected president of NAM. Mr. Ruffin was elected Chairman of the Board. We at Erwin Mills are extremely proud of the oustanding work done by Mr. Ruffin as President of NAM and the recognition given him throughout the world. Memo to Reporters Recently, your editors have re ceived objections from some of you that your news has been cut before being published. We would like to explain the reason for this. Some months there is more news than can be put in "8 pages. Other months there is less news than will fill up 8 pages. When this happens, we are forced in the first instance to cut, and in the second instance to And material in order to com plete the paper. To avoid con fusion, henceforth, we will make it a policy to devote two full pages to each location. In the event that any location does not send sufficient material to AH up its two pages, we will run in the extra space, any excess material which we might have omitted previously. We sincerely hope that this explanation will make clear the variations of the space in the Chatteb devoted to each location. The deadline for pictures for % February CHATTER will be January 25th and the deadline for newa will be tfehmiary J#t. Circulation 6,000 Outlook For 1952 "The cotton textile industry, which entered the year 1951 in an excellent position to provide not only for all defense needs but for civilian requirements as well, ap proaches 1952 bound by limitations and faced with many uncertainties. "Nevertheless, despite the restric tions imposed upon it and the con fusing developments of recent weeks, the industry will embark upon the new year with less doubt than ever before of its ability to fulfill whatever military require ments may be necessary and to keep civilian production at whatever level may be needed." Thus Charles C. Hertwig, of Ma con, 6a., president of the American Cotton Manufacturers Institute, ap proached the outlook for the cotton textile industry at the year end. This industry, said Mr. Hertwig, has demonstrated beyond all doubt its tremendous productive capacity and its increased efficiency which have stemmed from the widespread program of rehabilitation and im provement following World War 11. In fact, he said, a major contrib uting factor to the depressed state in which it finds itself at the year's end has been a very real underesti mation of its productive power, coupled with an exaggerated esti mate of military requirements which it has been called upon to turn out. The major need now, he em phasized, is that this industry be permitted to operate in an environ ment free of the uncertainties which Only in sueh an environment, nie continued, can there be attained the balance between supply and demand which is essential for a healthy economy. "Because of the general timidity in baying which characterized the closing months of 1951," Mr. Heart wig said, "the industry is hopeful that there will be an accelerated de mand ior its products in the new year. In fact, the absence o£'any volume buying in the textile in dustry since as far back as April, 1951, should have created a tre mendous vacuum in American mar kets by the beginning of 1962. The mills, consequently, have reason to believe that the coming year will see a substantial improvement over 1951, because of the production that will be needed to fill the shelves of retailers and the linen closets of the consuming public. "Moreover," he added, "because of the relatively small volume of government business placed this year, the industry believes both the number and the volume of business of such contracts will be stepped up sharply in 1952." The ACMI executive pointed out that despite rising costs of pro duction, prices of cotton textiles have been declining. In some cases they have reached such a level as to threaten serious financial loss. The healthiest. development which could now occur, he asserted, would be the removal from cotton textiles of price controls which long since have outlived any usefulness they may have had at the bediming of the de fense program. "The truth ia," he declared, "that the situation now is mot the preneura of plentiful dollars against a scarci ty of cotton textiles, which coaM make for inflation. It ia, the pressure of excessive supplies of these goods against a demand which has sfc»xjdy declined." mmmmm ■VMH gUySLuJB MHI ART 2*ll