Newspapers / The Fieldcrest Mill Whistle … / Sept. 11, 1961, edition 1 / Page 2
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Risks Increase But Rewards Shrink Years aga, a man could set himself up in a business, such as a small machine shop, for an investment of a few hundred dollars. Virtually all of the work was done with hand tools and inexpensive equipment. If he failed, the owner could sell those tools and try something else without having suffered any serious loss. If he succeeded, he could keep all of his earnings. Back in the mid-1800’s investment per worker was almost neg ligible, by comparison with the cost of equipping a worker with to day’s complex and highly efficient machines. Nowadays it takes an investment of $16,000 to make possible the average industrial work er’s job. In the last few decades, the effect of Federal tax policy and other policies has been to multiply the risks of business and to reduce the incentives. Wage boosts running ahead of productivity have increased costs and squeezed profits. And more than half of corporation earn ings are taken away in taxes. Americans are still willing to take business risks. Thousands of new businesses are started every year; others are expanded. But, as the risks grow bigger and the rewards shrink, we face the very real dan ger that investment and enterprise will dwindle and along with them the growth and job-making ability of our econormic system. WMB’Ml WHIS Sue Creech Is Named Smithfield Reporter Sue Creech, of the Personnel De partment at the Automatic Blanket Plant at Smithfield, has been appoint ed a correspondent for The Mill Whistle to report the news of employees of the Smithfield plant. Smithfield employees who have ap propriate news items and pictures, or suitable items for the “Buy . . . Sell . . . Swap” column are invited to pass them on to the plant reporter. Sue was born in Alamance County but grew up in Kinston. She attended Woman’s College at Greensboro and worked at the DuPont Dacron plant at Kinston before joining Fieldcrest Mills. She is married to Harold Creech, manager of the Smithfield Chamber of Commerce. They have two sons, ages four and two. Sue teaches a class of 15-year-old girls in Simday School at the First Baptist Church in Smithfield and is editor of the club newspaper for the Junior Woman’s Club at Smithfield. Towel Mill Honors Top Weavers, Fixers Named below are the Towel Mill’s leading weavers and loomfixers for the most recent periods of record. In order to encourage quality and efficiency in the weave room the mill each week singles out for recognition the weavers and fixers with the best performance records. Names of the “top” weavers and loomfixers are posted on the weave room bulletin board and are printed in The Mill Whistle. The “Weavers of the Week” are those with the lowest percent of seconds with respects to the standards for the various loom groups. The top loomfixers are determined through a combination of low seconds and high loom efficiency on the sections for which they are responsible. Weavers—W/E August 27 Dobby Terry R. s. Wall Jacquard Terry John Whitlock Draper & Cam Coy McAlexander New C-7 Looms Billie Hubbard (In Hosiery Mill building) Fixers—^W/E August 27 Dobby Terry William Martin Jacquard Terry Draper & Cam James Turner New C-7 Looms None (In Hosiery Mill building) Weavers—W/E August 20 Dobby Terry Edward Stone Jacquard Terry John Whitlock Draper & Cam Ralph Ballard New C-7 Looms Donald Callaway (In Hosiery Mill building) Fixers—W/K August 20 Dobby Ten-y William Martin Jacquard Terry Draper & Cam Linwood Williams New C-7 Looms (In Hosiery Mill building) Issued Every Other Monday For Employee* and Friends of Fieldcrest Mills, Inc., Copyright, 1»61, Fieldcrest Mills, Inc. Spray, N. C. OTIS MARLOWE EDITOR Member, South Atlantic Council Of Industrial Editors ADVISORY BOARD Howard Barton J. M. Rimmer C. A. Davis j. T. White REPORTING STAFF . Automatic Bianicet Plant Sue Cree^ Bedspread Mill Ada Jone* Blanket Mill Katherine TufflJJ Central Warehouse Geraldine PerkW* Draper Offices Mamie Linj General Offices Hilda COS*" Gladys Holland, Katherine ManWT Karastan Mill Irene MeeJJJ Karastan Offices Mary Steph*"’ New York Offices Jane Cortoj" Betty Lenc»2 Sheeting Mill Ruth Talben Towel Mill Fay Warren, Fannie Hun^ Vol. XX Mon., September 11, 1961, No- ® mERVICE ^'^^^NNIVERS ARIES Fieldcrest Mills extends congratiJl* tions to the following employees since our last issue, have observed D® ' able anniversaries of continuous sc*^' ice with the company. Forty-Five Years Greeley A. Vestal Central Wh^e- Forty Years i John H. Pruitt Blanl^®’' Thirty-Five Years j Eugene E. Barrow Blan* , James G. Jamerson To'^ Velma Minter Fieldcrest Sal® Thirty Years . ^ Edgar C. Stophel Sheeti^ John Wilson Era W. Smith Bleacher? Twenty-Five Years . Jesse M. Burton Central _ Christopher J. Henry .. Karastan Sa/ Ralph H. Hundley SheeW^ Mildred J. Norman Karasta Thurman C. Watson Dessie D. Hundley BlaH^ Twenty Years Paul Carter Lessie J. Searcy Fifteen Years Dorothy C. HoUy F. Durwood Moore Joan R. Isley C. Mae Richardson .. Bedspread Willie W. Hodges Demore T. Whitt Automatic ^ * Jack J. Alderman Margaret S. McCorquodale ... WiUiam K. Cochran, Jr ® aai> Leslie B. CoUins John Rea, III Bedsp‘ ^ Ralph W. Pigue Bleach Ten Years Jesse W. Stump , c THE MILL WHISa
The Fieldcrest Mill Whistle (Spray, N.C.)
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Sept. 11, 1961, edition 1
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