Every evening, Wilmington daily commercial., 1921-07-19

turn home after attending the recent
Cotton Conference In England / can
very truthfully say that ! wish you
all could have been with me. as YOU
would have brought back with you a
realization of the kindly feeling our
| English cousins have for US, which
\ Was manifested In many ways / feel
sure that these conferences VIII IN
result in great commercial benefits and
! lessen very much national 1ealousics
and Improbable competition through
the open and free discussions which
sucl. meetings encourage and bring
labout, and ii is my hope that such con-
! ferences will be continued
"On being asked to become your
/ guest this evening, j was told that
twas expected to express some thoughts
concerning the future of the company.
which has, through your help and that
of your worthy predecessors acqyirea
an important place in this community
and in the cotton trade of this great
country.
cit is well known fact that most
/ all of today's large business organiza-
! tions began in a very small way, and
were put upon sound foundation
/ through the personal sacrifices and
economies practiced by the original
] founders. Joseph Bancroft and Sons
/ Company is no exception, as most all
/ of you must know some of the his
i tory of which has been outlined TO
YOU by those who have preceded me
and, as 1t is a good snle in forcasting
| the future TO base some predictions
on past performances, taking into con-
/ sideration the character of the organi-
zation created. to make them effective,
/ / can say that ! feel confident that
with this body of men representing
| the management, comprising directors.
/ officers, superintendents, foremen and
workers. the company's future is We'll
assured and will prove TO be as
worthy and useful as 1t has in the past
| "As you no doubt viii expect me TO
be somewhat more specific i'm my ex-
| preston. | will endeavor to outline
| what / believe will be necessary to en-
able the business and all those con
nected with 1t to grow in usefulness,
and that is
Working conditions that will pro-
mote and maintain good health of
the workers:
"The encouragement of better homes;
Demand for better schools;
Inspiration i'm both management
and workers for correct understand
| ing of what is for the best interest Of
the Company's customers and the
community, which, i'm the serving. will
develop and promote self expression OF
every employe and cooperation with
the management in its interpretation
Of its policy and the Improvement of
it's product and quality. with reduc-
tion in cost TO the public.
such a course, in my opinion, will
create in our plant splendid working
brotherhood. in which every one will
endeayor to bring out in his or her
fellow working companion the hu-
manity inherent in all and the over
looking OF individual frailities in the
more important ono OF getting some
expression of the best in both living
and work.
Let your efforts in their expression
oI quality and initiative help make the
management more intelligent and
helpful.
big business today consists of using
loans of money representing the saw
ings Of. many. and has become a trus-
teeship. which must first secure good
workers. good wagec for them. fair
return to the investors for their risk
and money. and good service 10 both
patrons and to the community. which.
in the doing, gives everyone "A square
deal and becomes profitable to all. II
big. business cannot do this there is
inevitabla loss and distress.
Il think If you, whose faces I look