The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-12-13
WAL TER A WOOD
COMPAN PLACED
UNDER NE VI HEAD
Contract with Goethals to Take
Over Management
GEN. JAMESON IN CHARGE
Leading Industry of Hoosick
Falls Has Been in Bad Way
More than a Year

Troy, Dec. l3.--It was reported in
this city yesterday that the Walter A.
Wood Company Of Hoosick Falls had
entered into a contract with the Geo.
w. Goethals Company of New York to
take over the management OF the
Wood Company plant for a period OF
one year. Negotiations between the
two companies have been under way
for several weeks. 1t has been known,
and the outcome has been waited
with interest not only in Troy and
Hoosick Falls, but generally through
out this section OF the state.
The Wood company plant has been
practically idle since July %. 1920,
when strike Of the machinists In
the plant eventually led to conditions
of near Industrial paralysis. The
strike resulted in series OF injunc-
tions being sought and becoming eff
fective and disturbances and other
occurrences which rent the village
asunder in more ways than one. Spe-
cial deputy sheriffs state police and
detectives employed by the company
were on duty for many weeks, while
the company was making every ef-
fort to overcome the handicap of the
strike OF the regular machinists.
Eventually the struggle was given
up by the company and later a new
board Of directors was elected rep
resenting nearly all Hoosick Falls
capital. many of the Troy stockhold-
ar Il gf haf 10
board Of directors managed TO op~I-
ate the plant on small scale during
the winter of 1921 and the spring Of
1922. A few months ago another
change in the directorate was made,
and this was followed by still another
reorganization, which eliminated in
the resignation OF President Danforth
Geer, who had been with the company
since boyhood.
At the recent election of officers
the office of president was left va
cant. Efforts were made 10 induce
Frank E. Howe, president OF the
Manufacturers Nationai Bank. TO
take tue position even as tempo.
rary expedient. but this failed Then
began the negotiations with the
George w Goethals Company, indus
trial engineers. Negotiations were
conducted through Gen. c. C. jamie.
son, who a few years ago was super.
intendent OF the Wood Company
plant and who during the war made
an enyiable record In the ordnance
section OF the war department
General Jameson. II was stated
/ ngf 10 Nrs1l l..
the management of the company
though he will not be permanently To-
Gated in Hoosiei, Falls. Since the
close OF the war General Jameson has
been connected with the Goethals con
Germ and has had direct charge of the
upbuilding of the seven Beaver Board
plants, the Pierce.Arrow Company
plant and other large concerns which
faced complex problems in the period
lof readjustment following the war
Efforts yesterday to obtain state
ments from any of the interested par
ties proved futile.
II was said that any information
on the prospect of the company start
ing business Immediately or on the
extent ON which il is proposed tc
operate must of necessity have tC
come from General Jameson who
could not be located. He was in
Hoosick Falls yesterday and con
ferred at length with the board OF
directors OF the Wood company. How
ever the intimation that something
has been done to revive conditions
in Hoosiek Falls will be generally
welcomed and there will be much
interest in a forthcoming statement
as to the plans of operation for III,
coming year,