02-26-1951 1 |
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THE WIrferew CIAN 1 T/777.r'/j 0'Il.-- IN-= =- % r olume 40 SPECIAL EDITION PROTECT OUR GOOD NAME AKRON, OHIO, MONDAY, FEBRUARY 26, 1951 Review Number REPORT TO EMPLOYES FOR 1950 ro Our Fellow Goodyearites: By almost any measuring stick one may care to use, 6 1 t)50 was a truly remarkable year in Goodyear's record . ijooks. Our sales were the highest in our history. • The tonnage of rubber goods produced by the -n- Litchfield pany was at an all-time , - high. <%.#' Total number of jobs %i· provided by the company's .< 1. 0.-336 operation exceeded all ex- . cept war years when the - ../...t I .-*. production of munitions and aircraft temporarily -%'419 2- ·46 affected the employment • figure. The customary seasonal Thomas fluctuations in total job and working hour schedules t. were largely eliminated in 1950 because demand was • ste»Hence, totalwlges in the rubber end of our business were at an all-time high. Of more enduring · significance to Goodyear em-· 1)]oyes, however, the year saw the company embark ; upon a liberal and far-0 • reaching program of pen-sions and insurance. We : should like to discuss some of the implications of this ' program later in this mes- 1 sage. *** DETAILS OF THE POINTS outlined above are given in various articles in * this issue of the Clan which are signed by the vice presi-dents in direct charge of li divisions of Goodyear's & business. We urge thorough reading of these articles. I. They give you the broad 2 picture of how Goodyear's majpr functions are or-ganized and how they bear upon the job you hold. While 1950 classifies as a civilian rather than a mili-tary year, the prospects of , war were a dominant in- : fluence. There was 66scare buying" of tires in the re- Placement market during most of the year.The output of new motor vehicles, for 1, which we are the largest K suppliers of tires, broke all previous records. Such con-ditions kept our plants hum- · ining throughout the year. A serious and compli-eating factor in operating our plants during 1950 was the great instability of the rubber market both in price and supply. This situation is reviewed at length in an article appearing on Page 5 of this issue. Due to our continuing high rate of production and the shortages in many of the materials we use in manufacturing our goods, the accurate scheduling of_ factory operations was un-usually difficult. Often we were confronted by situa-tions where even a slight delay in the arrival of a given shipment of fabric or chemicals would force a temporary shutdown in our production. A close check is being kept by the traffic department upon every one of the hundreds of material laden trucks and freight cars enroute on any given day to our factories from various parts of the coun-try. Such nip and tuck con-ditions are not always ap-parent to the Goodyear man on the machine even though he realizes that the regu-larity of his daily job de-pends upon the supply of raw materials. It is m such times that the value of teamwork throughout the organization is at its highr est. With war threats in-creasing, with growing mili-tary requirements and with WE TOOK IN $849,574,570; WE PAID OUT $814,465,215 ($ Here's What Happened To Each Dollar Of Income) ' MATERIAL 1:'.L·:.MA*.#*,5•·.K 04»2'-·A0»···-·'·4 4 «*'«'=· 0"4' 2-'0.:'.4··2'·I '''.n.. ' ' ..:_------* . *. :,. '4 't,.1.1.111; . 1 ji . 0 , W DOL& . /;l)TOflf ./... d«... .. I. '1/ ·i D {il »1 ,1 ., \..... kt=St,Spi 111*IA 036.•=/•6 .b.. 3,... . 1....''t.-t ./ , ...CAX-9-•5 '%• Fs-,1 11 44#K-37.B.•7* *3' ..,/ J1 1 7-1.S i... i.•i ity 711*.1 •26.54:11 , II,16 b*lu• *Illitj 47,7 C I 441&& s. ..'2 1. ..4.. « : **2'4*t•••••••1 -----•_1• •Ilf 11 1 Ed'• 99'' 1 411_L 31 1*8 P...21.-- 1... U- gAO.•S R I'.. t. .Pf , ...T ., 0*'.. ..t-». 2 .'. '1. -L--1 /*LIB, •111.•.... .0 -,=.....-.--=....,- t., '' ., .'VII...............I'....................A ./. ... 1 ....., . 1, , it, ... ". ... ... ·I.,i:.'2 ,'·'.·E.-3-:I71:..-i,·-i.r': 04#2.,,·I,41 41., 7 . *'•:I-.Stial ..:. ...''. , ''·•·-'•••"'•-'•' ''•'; •• '••"• '• ' / DIVIDENDS - '• 4 . .. ,/ 2/ f.. I . **: .. ***:. 7.843 ... :· . .,i>/ : 424* - * * 9 ... 9. * * **** 036 •'/ . '•7•03 • i .f·( 036**** 44......2 :..,..ti , .,•i. ·i. *,/ ':I.·livi / ··.*•' 4,/··fti•,''4•'6,••4,.0M.'A'4,26&4*. Lh.....,· 1,1.1.:... L.M.:Si,Nit.'hi... :.1*.''t.*34 , 0 '11. 1'6... For total dollars represented by each fractional part of a single dollar above, see SUMMARY OF ANNUAL REPORT, which appears on Page 2 of this edition. conditions in the rubber pro-ducing areas becoming more critical, it is quite apparent that the uncertainties of 1950 will continue during the fore-seeable months ahead. It will be necessary for all of us to adapt to such conditions. *** DETAILS OF THE NEW PENSION and insurance pro-gram are given in articles ap-pearing on Page 8 and need not be repeated here. We do want to mention, how-ever, some of the • significant implications of this big under-taking. Every Goodyear em-ploye in the United States who qualified through length of serv-ice and age is designated to re-ceive a minimum of $100 per month upon retirement. Every domestic employe is also cov-ered by a substantial life insur-ance policy paid for by the com-pany. The company's total li-nancial obligations thus involved are extremely heavy. They must be paid out of what we have left after paying for materials, wages, taxes, new machinery and other current costs. Every pension payment must be earned before it can be made. If it has not been pre-viously earned by and set aside for the person receiving it, it must be earned by another. It can be earned only through production and sale of our goods and this, reduced to its simplest basic terms, means a good day's work from each person who ex-pects to benefit from the pension and insurance program. Thus the continuing health of the company is of greater personal importance to the individual employe than ever before. We hope all Goodyearites will accept and assume their indi-vidual shares of the burdens permanently placed upon the company's resources. Only through such understanding and teamwork'can the program hope to succeed. ** NOW LET US PEER briefly into the future of Goodyear. The fighting in Korea, the presence of growlng American armed forces in Europe and the increasing threat of communist aggression are apparent to all. Whether or not a full scale war will develop remains to be seen. That decision will be made by the Kremlin. Probably rank-ing even stronger than our possession of the atomic bomb as a deterrent to Russia's own war planning is her knowledge of the ability of American in-dustry to produce in overwhelm-ing volume the equipment for modern warfare, planes, tanks, guns, ammunition, ships and vehicles. These American facilities must be made ready. They must quickly hit a high rate of war production so that we cannot be taken by surprise. We must demonstrate that we mean busi-ness. In this situation Goodyear is once more stepping forward to assume its full share of the burden of keeping America safe. We will place our entire resources at the disposal of this cause and rnake such sacrifices as are necessary. There can be no "business as usual" with this threat hanging over us. In faCirlg this prospect, the company Is counting upon and fully confident it will have the loyal, patriotic cooperation of every member of the organiza-tion, from top to bottom. .9.9£ 3841/29/6 ch,i,man @0(,4)0 31*01,I 254P*r4e , 036dent l Il / 1 < I * 4 .-. ** ' ** uRM t . t --=k' . 2.2,5 »6,9 41 2 ,\ ,. b 1 r•fl-**• * **h--/ A •s ) 11• i 6 - **** * //'ll 1 1 '* .12/ 04=Ob..11.-. I * ** - fJ 'f .- .- ' 4 4. 1 FREIGHT 0 / ADVERTISING 1, 1 INTEREST 6, /1 6 4027*7.r11.1.....1 Lr--*.=.M•a'm-. r RETAINED 1 8 1 ./
Object Description
Title | The Wingfoot Clan (Akron edition), Vol. 40, Review (February 26, 1951) |
Creator | Goodyear Tire and Rubber Company |
Date Original | 1951-02-26 |
Date Notes | February 26, 1951, Review number |
Description | The 'Wingfoot Clan' is the employee newsletter of The Goodyear Tire & Rubber Company. The publication consists of numerous editions including the Akron Edition, the Aircraft Edition, and special editions. |
Subject Terms |
Goodyear Tire and Rubber Company--Periodicals Goodyear Tire and Rubber Company--Employees--Periodicals |
Location | Akron (Ohio) |
Type | Text |
Publisher | Goodyear Tire and Rubber Company |
Digital Publisher | University of Akron. Archival Services |
Copyright Statement | This publication is protected by copyright law of the United States (Title 17, United States Code). Copyright to this publication lies with The Goodyear Tire & Rubber Company, which has permitted The University of Akron to make it available for personal use for private study, scholarship, or research. Any other use of this item including publications, exhibitions, or productions is prohibited without written permission. Please contact Archival Services at archives@uakron.edu for more information. |
Source Collection | Goodyear Tire and Rubber Company Records |
Identifier | 02-26-1951.pdf |
Medium | Periodicals |
Format-Extent | 12 pages |
Collection Category | Rubber Industry |
UA College | University Libraries |
UA Department | Archival Services |
Website | http://www.uakron.edu/libraries/archives/ |
Contact Information | The University of Akron, Archival Services, Polsky Building, Room LL10, 225 South Main Street, Akron, OH 44325-1702, Phone: 330-972-7670, Fax: 330-972-6170, E-mail: archives@uakron.edu |
Description
Title | 02-26-1951 1 |
Type | Text |
Copyright Statement | This publication is protected by copyright law of the United States (Title 17, United States Code). Copyright to this publication lies with The Goodyear Tire & Rubber Company, which has permitted The University of Akron to make it available for personal use for private study, scholarship, or research. Any other use of this item including publications, exhibitions, or productions is prohibited without written permission. Please contact Archival Services at archives@uakron.edu for more information. |
Source Collection | Goodyear Tire and Rubber Company Records |
Medium | Periodicals |
Collection Category | Rubber Industry |
UA College | University Libraries |
UA Department | Archival Services |
Website | http://www.uakron.edu/libraries/archives/ |
Contact Information | The University of Akron, Archival Services, Polsky Building, Room LL10, 225 South Main Street, Akron, OH 44325-1702, Phone: 330-972-7670, Fax: 330-972-6170, E-mail: archives@uakron.edu |
transcript | THE WIrferew CIAN 1 T/777.r'/j 0'Il.-- IN-= =- % r olume 40 SPECIAL EDITION PROTECT OUR GOOD NAME AKRON, OHIO, MONDAY, FEBRUARY 26, 1951 Review Number REPORT TO EMPLOYES FOR 1950 ro Our Fellow Goodyearites: By almost any measuring stick one may care to use, 6 1 t)50 was a truly remarkable year in Goodyear's record . ijooks. Our sales were the highest in our history. • The tonnage of rubber goods produced by the -n- Litchfield pany was at an all-time , - high. <%.#' Total number of jobs %i· provided by the company's .< 1. 0.-336 operation exceeded all ex- . cept war years when the - ../...t I .-*. production of munitions and aircraft temporarily -%'419 2- ·46 affected the employment • figure. The customary seasonal Thomas fluctuations in total job and working hour schedules t. were largely eliminated in 1950 because demand was • ste»Hence, totalwlges in the rubber end of our business were at an all-time high. Of more enduring · significance to Goodyear em-· 1)]oyes, however, the year saw the company embark ; upon a liberal and far-0 • reaching program of pen-sions and insurance. We : should like to discuss some of the implications of this ' program later in this mes- 1 sage. *** DETAILS OF THE POINTS outlined above are given in various articles in * this issue of the Clan which are signed by the vice presi-dents in direct charge of li divisions of Goodyear's & business. We urge thorough reading of these articles. I. They give you the broad 2 picture of how Goodyear's majpr functions are or-ganized and how they bear upon the job you hold. While 1950 classifies as a civilian rather than a mili-tary year, the prospects of , war were a dominant in- : fluence. There was 66scare buying" of tires in the re- Placement market during most of the year.The output of new motor vehicles, for 1, which we are the largest K suppliers of tires, broke all previous records. Such con-ditions kept our plants hum- · ining throughout the year. A serious and compli-eating factor in operating our plants during 1950 was the great instability of the rubber market both in price and supply. This situation is reviewed at length in an article appearing on Page 5 of this issue. Due to our continuing high rate of production and the shortages in many of the materials we use in manufacturing our goods, the accurate scheduling of_ factory operations was un-usually difficult. Often we were confronted by situa-tions where even a slight delay in the arrival of a given shipment of fabric or chemicals would force a temporary shutdown in our production. A close check is being kept by the traffic department upon every one of the hundreds of material laden trucks and freight cars enroute on any given day to our factories from various parts of the coun-try. Such nip and tuck con-ditions are not always ap-parent to the Goodyear man on the machine even though he realizes that the regu-larity of his daily job de-pends upon the supply of raw materials. It is m such times that the value of teamwork throughout the organization is at its highr est. With war threats in-creasing, with growing mili-tary requirements and with WE TOOK IN $849,574,570; WE PAID OUT $814,465,215 ($ Here's What Happened To Each Dollar Of Income) ' MATERIAL 1:'.L·:.MA*.#*,5•·.K 04»2'-·A0»···-·'·4 4 «*'«'=· 0"4' 2-'0.:'.4··2'·I '''.n.. ' ' ..:_------* . *. :,. '4 't,.1.1.111; . 1 ji . 0 , W DOL& . /;l)TOflf ./... d«... .. I. '1/ ·i D {il »1 ,1 ., \..... kt=St,Spi 111*IA 036.•=/•6 .b.. 3,... . 1....''t.-t ./ , ...CAX-9-•5 '%• Fs-,1 11 44#K-37.B.•7* *3' ..,/ J1 1 7-1.S i... i.•i ity 711*.1 •26.54:11 , II,16 b*lu• *Illitj 47,7 C I 441&& s. ..'2 1. ..4.. « : **2'4*t•••••••1 -----•_1• •Ilf 11 1 Ed'• 99'' 1 411_L 31 1*8 P...21.-- 1... U- gAO.•S R I'.. t. .Pf , ...T ., 0*'.. ..t-». 2 .'. '1. -L--1 /*LIB, •111.•.... .0 -,=.....-.--=....,- t., '' ., .'VII...............I'....................A ./. ... 1 ....., . 1, , it, ... ". ... ... ·I.,i:.'2 ,'·'.·E.-3-:I71:..-i,·-i.r': 04#2.,,·I,41 41., 7 . *'•:I-.Stial ..:. ...''. , ''·•·-'•••"'•-'•' ''•'; •• '••"• '• ' / DIVIDENDS - '• 4 . .. ,/ 2/ f.. I . **: .. ***:. 7.843 ... :· . .,i>/ : 424* - * * 9 ... 9. * * **** 036 •'/ . '•7•03 • i .f·( 036**** 44......2 :..,..ti , .,•i. ·i. *,/ ':I.·livi / ··.*•' 4,/··fti•,''4•'6,••4,.0M.'A'4,26&4*. Lh.....,· 1,1.1.:... L.M.:Si,Nit.'hi... :.1*.''t.*34 , 0 '11. 1'6... For total dollars represented by each fractional part of a single dollar above, see SUMMARY OF ANNUAL REPORT, which appears on Page 2 of this edition. conditions in the rubber pro-ducing areas becoming more critical, it is quite apparent that the uncertainties of 1950 will continue during the fore-seeable months ahead. It will be necessary for all of us to adapt to such conditions. *** DETAILS OF THE NEW PENSION and insurance pro-gram are given in articles ap-pearing on Page 8 and need not be repeated here. We do want to mention, how-ever, some of the • significant implications of this big under-taking. Every Goodyear em-ploye in the United States who qualified through length of serv-ice and age is designated to re-ceive a minimum of $100 per month upon retirement. Every domestic employe is also cov-ered by a substantial life insur-ance policy paid for by the com-pany. The company's total li-nancial obligations thus involved are extremely heavy. They must be paid out of what we have left after paying for materials, wages, taxes, new machinery and other current costs. Every pension payment must be earned before it can be made. If it has not been pre-viously earned by and set aside for the person receiving it, it must be earned by another. It can be earned only through production and sale of our goods and this, reduced to its simplest basic terms, means a good day's work from each person who ex-pects to benefit from the pension and insurance program. Thus the continuing health of the company is of greater personal importance to the individual employe than ever before. We hope all Goodyearites will accept and assume their indi-vidual shares of the burdens permanently placed upon the company's resources. Only through such understanding and teamwork'can the program hope to succeed. ** NOW LET US PEER briefly into the future of Goodyear. The fighting in Korea, the presence of growlng American armed forces in Europe and the increasing threat of communist aggression are apparent to all. Whether or not a full scale war will develop remains to be seen. That decision will be made by the Kremlin. Probably rank-ing even stronger than our possession of the atomic bomb as a deterrent to Russia's own war planning is her knowledge of the ability of American in-dustry to produce in overwhelm-ing volume the equipment for modern warfare, planes, tanks, guns, ammunition, ships and vehicles. These American facilities must be made ready. They must quickly hit a high rate of war production so that we cannot be taken by surprise. We must demonstrate that we mean busi-ness. In this situation Goodyear is once more stepping forward to assume its full share of the burden of keeping America safe. We will place our entire resources at the disposal of this cause and rnake such sacrifices as are necessary. There can be no "business as usual" with this threat hanging over us. In faCirlg this prospect, the company Is counting upon and fully confident it will have the loyal, patriotic cooperation of every member of the organiza-tion, from top to bottom. .9.9£ 3841/29/6 ch,i,man @0(,4)0 31*01,I 254P*r4e , 036dent l Il / 1 < I * 4 .-. ** ' ** uRM t . t --=k' . 2.2,5 »6,9 41 2 ,\ ,. b 1 r•fl-**• * **h--/ A •s ) 11• i 6 - **** * //'ll 1 1 '* .12/ 04=Ob..11.-. I * ** - fJ 'f .- .- ' 4 4. 1 FREIGHT 0 / ADVERTISING 1, 1 INTEREST 6, /1 6 4027*7.r11.1.....1 Lr--*.=.M•a'm-. r RETAINED 1 8 1 ./ |