The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-03-12
(Continued from mage II.

(COnLlnueu from page IL.
preachers, or his teachers, should be-
gin propaganda offensive of the i'm
possibility of the poor" boss paying
the "exorbitant demands" of the
workers, they (the workers. can rub
the circular bearing facts into the
bosses nose" as one spokesman of
the strikers expressed it..
The Gera Worsted Mills.
Bulletin 377 of the United States
Bureau of Labor Statistics was the
source which had enabled the re-
search workers to open the books of
the Gera Worsted Mills, and they
have revealed that the New Jersey
Worsted Mills owned the Gera. They
revealed further that the poverty
stricken bosses had secured $1,145, 553
out Of the workers of the Gera Mills,
before enforcing the wage cuts, in a
single year, and this after having FL
ready paid interest to the banker
rent to the land owner. taxes to the
| government and various additional
charges.
The Botany.
In fighting the Botany Worsted
Mills the workers learned from the
results of 1.-The researchers of the
Workers School that they are fight
ing one of the biggest textile COM
panies in the entire world. A study
of the STANDARD Corporation Rec
ord" and "Moody's Analysis of Invest
ments" revealed that the Botany Con-
solidated Mills own the Botany Wor-
sted Mills, the Garfield Worsted Mills
and have controlling interest in two
German textile groups which have 30
affiliated companies in Germany. Hun
gary, Czecho-Slovakia, Italy. Latvia
and Holland. During 1924 this poor"
company that has cut wages Gin order
to get along" loaned $4,000 900 to Ger
man concerns and secured an option
to purchase so per cent of the stock
of that company
The Botany plant itself, which Gov
ers 81 acres in Passaic and A in ad-
joining boroughs, has 10 buildings.
2,2OO looms and about 5000 workers.
In 1924 each share of Class A stock
received a dividend of S6.43 and each
share of common STOCK a dividend of
S2.4S, and this before cutting wages.
The net profits latter dividends are
distributed) of the Botany, during
1923, were $2,SS0,147. In 1924 the
profits and earned surplus ran over
$S,OOO,OOO and then they cut wages
because they weren't making enough
out of the workers.
Some of the Other Mills.
The Forstmann and Huffman Com
pany, which many workers believe to
be small concern, has mills in the
Rhur Valley in Germany and owns the
merged Forstmann and Huffman Mills
Of Werden, Germany, with the Augs.
burger Kammgarn Spinnerei.
The Essex Cotton Mills, a Delaware
corporation, in addition to its Passaic
plant, has big plant called the Els
sex Cotton mills in Newport. Mass.
and owns the entire 100000 of CAM
tai stock of Taylor, Armitage g.
Eagles OF New York. It's net profit
latter dividends were paid in the
year 1924 were s1,S46,2O9.
Work and Die.
Other reports, which the research
workers dug up and which are neither
written in the language that is intel.
lgible to workers nor intended for
their eyes, revealed the health condi.
lions in which the Passaic textile
workers work.
The government report lists acct.
dents from unguarded machinery IA
tigue caused by speeding up and by
the piece work system. injury TO
health due to constant standing, bad
seating, and eye strain. The govern.
ment speaks OF anthrax and then In
parenthesis calls 1t by a name that
must be very pleasing to Passaic
workers; Wool sorters disease"
IL describes insanitary shop condi.
tons, lack Of ventilation, bad light. |
ing and air laden with dust and fumes.