The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1932-10-17
DEFUNCT BANK SETTLES ST ,923 TAX BILL
JOHN H. COSS ON
THE COMMITTEE
Demand for New Machin-
cry Occupying Atten- ,
ton OF Manufacturers
MUST HAVE THE BEST

Boston, october II - Organi-
cation Of state and local commit
tees to promote plant moderniza-
ton throughout New England Is
now under way, according to an
an announcement today by Presi-
dent Harry C. knight of the New
England Council, who Is serving as
chairman OF the New England
Committee on Industrial Rehabil-
itation. This committee is an out
growth of the conference of Bank
Ing and Industrial Committees in
Washington late in August. The
New England vice-chairman is
Ralph e. Flanders, vice-presi6ent
of Jones & Lamson Machine Com
pany, Springfield, Vermont.
"The campaign to promote plant
modernization at this time Is of
special Importance to New Eng
land" Mr. Knight said today. I'm
the first place the work of remov-
ing old, Anticipated, and worn ou.
machinery and putting tn new
equipment will in itself provide
considerable employment.
Second, the manufacturing OIL
new machinery to fill the orders
resulting from the decision to mod
ernie will make more employment
in factories, foundries, steel mills
and mines.
"Third, New England. originally
the home of American manufacture
ing, has had to face a problem or
increasing seriousness as the other
parts of the country have become
moro highly industrialized. Situat-
ed as we are, we have to bring IN
almost all of our raw materiales
and to ship our finished products
over long distances. In. order,
therefore, to meet our competi-
ton, we perhaps more than any
other section, need at all times 10
keep our industrial equipment
modern and up-to-date- in all re-
spects.
The one best way for New Eng
land manufacturers to insure the
steady operation Of their mills Is to
offer to the buyer goods OF super
ior quality at prices the buyer Is
willing and able to pay. This can
be done. In fact. it is being done
by many of our more progressive
firms. These firms have found, IN
modern machinery their strongest
ally in meeting competition, and
they have further found that the
demand for their goods has SO In
creased that today there are many
mills in New. England putting OF
more men, running full time, and
some are on two and even three
shifts. &
"The New England Council ha:
constantly urged New England
manufacturers to keep their plans:
to, to date and has frequenti,
pointed out the advantages Of *
doing. The present ; nation-wid'
movement for modernization is, II
q sense, but an extension of thu
Councils Industrial program. W.
need not fear that undermining oul
productive machinery will make
less employment. History shows
that the use Of the most modern
machinery has always lowered
production costs, increased de.
mand for our goods, at home and
abroad, and increased wages. we
can reasonably hope and expect
to make more progress througn
undertaking and keeping our
manufacturing plants up to date
than by hanging ON to equipment
ten, twenty, or even thirty years
behind the times.
There is as much difference be-
tween the new looms. and the new
machine tools Of 1882 and those OF
ten years ago, as there ts between