The Delta independent., 1924-09-12
WILLIAM M. WOOD STRONGLY
ENDORSES PRES. COOLIDGE

Increased impetus to the campaign
for reelection of President Coolidge
has been given by Mr.. William N
Wood, President Of the American
Wooden Company, who has issued 8
statement strongly endorsing the
President and urging his reelection as
the surest means of bringing about
a revival in business and general pros
perity.
president Coolidge is now the hope
Of the country for better business and
a fuller employment of labor" de-
clared Mr. Wood with his election
and an improved Congress business
will be better. The triumph of Cool
idge and his principles will be the
signal for increased business activity"
Mr. Woods views the present indus
trial situation optimistically. The
wool industry, in general with other
industries, is not at present in
prosperous condition, but conditions
within the industry are in a healthy
state, and the present industrial de-
preston, Mr. Wood believes, will be
Of short duration. 1t only requires the
renewal of confidence which is bound
to result from the reelection of
President Coolidge.
AS for the American Woolen Com
pany, Mr. Wood said that, although
the mills of the Company were run.
ming at only 81 per cent of capacity,
the accumulated surplus of the Com.
pany would enable it to pays its regu.
lar dividends To understand the
strong position of American Woolen
despite the general depression in the
industry, one needs only to turn to the
annual report of 1922. where he will
find stated, in the following words OF
President Wood, the sound financial
policy which has guided the manage
ment of the Company: Years of ex
perience have taught the advisability
OF being prepared for any eventuality'
The soundness of this policy and the
almost uncanny ability of Mr. Wood
to foresee what the future holds forth
have not only made his Company pre-
eminent in its field but have pecul
larly qualified him to speak with au
thority on financial and industrial
problems and to advise widely on theil
proper solution.
Moreover, when Mr. Wood speak.
he represents not only financial anC
industrial interests, but labor as well
There is no industry in the country
in which the management has the
more solid backing of its employees
than has that of the American Wooler
Company. This is easily understood
when one considers that the Company
has put forth special efforts to foster
confidence and goodwill between the
employees and the management. II
not only pays the highest wages. but
houses its employees, provides life in
surance and sick benefits. and in gen
eral gives enthusiastic support tc
every movement which ministers tC
the comfort and welfare of its EN-
ployees
SO when Mr. Wood speaks, what he
says receives the respectful attention
and consideration of all classes oil
American citizens And he evokel
confidence when he states that there
is going to be plenty of money and il
due season there will be plenty o
business"
We agree with all that Mr. Woo,
says with respect to President Cool
idge. Not only is the revival of bust
ness and general prosperity depend
ent upon the reelection Of Preslden
Coolidge but the American peopl
should elect a Congress which is en-
tirely in sympathy with the Pres
dents policies. The President ha
achieved a remarkable success fl
view Of the opposition which he ha
encountered in Congress. particular,
from the Radical bloc and II properl,
supported his administration woul
result in a condition of general busi
ness activity and prosperity the lik
of which has not been seen since tn
days Of McKinley-Co Commercial an,
Financial World, New York.