“He who seeks security
through surrender of
liberty loses both.” —
Quality of Product is Essential to Continuing Success
Do I push or do I ride
and drag my feet?
Volume No. 3
PISGAH FOREST, N. C
January,, 1942 Number 10
SAVINGS PLAN IS INSTALLED
Employees Are Urged To
Do Their Share
Citizens of Transylvania County are
'^ged to enroll for civilian defense
In an emergency such as exists
^^ay, it is necessary to organize the
civilians for defense duty so that in
of emergency we will not be un-
J’’epared. There are many jobs to be
in safeguarding our security in
||Qies of war. Many of our employees
had training in the field where
^eir services can be utilized in this
J^ergency. They are urged to volun-
their services along whatever
they are best qualified.
Enrollment blanks are available at
Personnel Office for those \vho
willing to volunteer their services,
are confident that every employee
^ iiot only willing but anxious to lend
^atever aid he can injthis emergen-
It is hoped that they will enroll
hundred per cent.
^rning To Employees
Doubling l/p Will Help
C b ^
If tn the 0PM Office in Washin?-
has ordered that all automobile
ot || be rationed it might be wise for
(1 ^0 think about the safety of the
iaV6 j, 6s that are now on our automobiles,
ines gii| ^ as a precaution to our employees
Police department suggests that
jjt drivers park as close to the lights
parking lots as possible. This
h's prevent the unscrupulous
' “borrowing” your tires. Also be
* about parking on dark and
tb efforts should be made by em-
loveJ^^Vees to double up and save tires
ow ^jjjL^^ch as possible. Check with your
^^bors and try to work out a trans-
whereby four or five
sP° Pie may use the same car.
‘e annual President’s Ball will be
at the Brevard Country Club
Friday, January 30th. Music will
^^^rnished by the Buccaneers Or-
■^tra from Asheville. Ecusta peo-
i^.^ho are interested should place
^ ^reservations with Miss Roberta
cashier of the cafeteria.
Believing that our employees would like to have
an opportunity to help our Government in its Defense
Program, and by so doing, set aside a certain portion
of their earnings as a savings account, our Company
has decided upon a plan of voluntary systematic sav
ings available to all employees who care to participate.
Your money, in addition to providing a sound in
vestment guaranteed by our Government, will be put to
work at once in the National Defense Program to pro
tect the safety and the freedom of the United States of
The Plan is a simple one, whereby the Company
will buy for each employee who so desires, United
States Defense Savings Bonds, Series E, $25.00 denom
inations, as rapidly as his or her savings accumulate
through monthly deductions from his or her earnings.
Participation in the Plan will be wholly voluntary.
I hope that all of you will wholeheartedly take
advantage of the wonderful opportunity to help our
Government by making such sound investment,
all of us put our shoulders to the wheel and push
Ecusta “over the top”.
I thank you. HARRY H. STRAUS,
MAKE 1942 YOUR SAFEST YEAR
Looking back over our safety record for 1941, we find that
thpre is ereit room for improvement during the coming year.
To beein^ith far too many injuries resulted from inattention
Lh Sfrnractices. Numerous infections and in some cases,
loss of time from work were the result of employees attempting
to removTIplinters and of minor injuries not being given immed-
iatfSSeX With competent nurses on duty every hour of
*"^‘'?^ed“^t"Lpe"etvo^ o^/eraSig IT K?s"T^
s;r£".. ■»»«if,-. i
the medical to earn your livelihood and the least
keeping you facilities,
you can do is to year as a member of the Ecusta
In rounding out my tirst year pleasure of
Family, I wish to say tha cooperative than I have
working with anyone ^^“fSs organization to be.
found the entire L-iness and the many suggestions
Safety Is Everybody s BusmM^^ eliminating
that have been received dunng the p
hazards and making our plant a sal P appreciated. Your
of you a Happy, Healthy, Prosp Newbury.
Sf Raymond Bennett Ked Vice-president of Engineer’s
* Club ^
Ecusta^is host to pennant
fdp Mill w ns first place bowling trophy.
^e^ S;«orms given to e«P W
Champagne wins baseball tiue
tion Director. nTidGr way.
Vocational framing g ^, victories.
Robert and Charlie employees. ^ ^
Ecusta Library opened to employees made m the
The grand showing tnai.
Hospital Drive. j^to new quarters.
Handbooklet Department mov
The Christmas Bonus.
Authorization Cards Can Be
Obtained In Mr. Wells’
Wonderful Opportunity To Join In
The Defense Program
Employees of Ecusta Paper Corpor
ation, Champagne Paper Corporation
and Endless Belt Corporation are now
able to join in the defense program
by purchasing Defense Bonds through
the salary deduction plan. This plan
is outlined in the following para
A. To povide a means by which
employees may set aside regularly,
a part of their earnings for the pur
chase of United States Defense Sav
ings Bonds, there has been estab
lished, and will be administered under
the terms and conditions hereinafter
set forth, a monthly payroll deduction
B. The Defense Savings Bonds to
be purchased under this Plan are the
Series E Bonds of $25.00' denomina
tions. The cost of each bond is $18.75
and it matures in 10 years. The Bonds
are issued by, and are direct obliga
tions of, the United States Govern
ment. They are not transferable, are
non-negotiable, and have no collateral
or loan value.
C. Investment yield equals 2.9%
compounded semi-annually when Bond
is held to maturity. Bonds may be
cashed at any time after 60 days from
date of issue during the first year at
the redemtion value (which is cost
price) fixed by the Treasury Depart
ment. After they have been held
more than one year the surrender
value is greater than cost and in
creases every half year.
D. Registration — Defense Savings
Bonds can be registered only as fol
1. In the name of one person.
2. In the name of two persons as
Continued on pase 4
OFFERED BY POUa
Register Your Tires At Oncol
In order to protect Ecusta employ
ees as much as possible against hav
ing their tires stolen, the Ecusta Po
lice Department is asking that each
of us submit to them the size, the
make, and the serial number of each
tire that we have on our car.
The quicker these numbers are
filed with the Police Department,
the quicker they will be able to help
us in our troubles.