Publication: National Glass Budget
Pittsburgh, PA, United States
FORTY-FIFTH ANNUAL MEETING.
The forty-fifth annual meeting of the American Association of Flint and Lime Glass Manufacturers was held last Monday at the Marlborough Blenheim hotel, Atlantic City, N. J., and was fairly well attended.
Mr. Marshall W. Gleason, of the Gleason Tiebout Glass Co., Brooklyn, President of the Association, opened the meeting by making the following well chosen remarks:
Gentlemen: Never in the forty-four years since this Association has been in existence, has industry had to face such problems as it faces today.
This is equally true of all branches. The glass industry is confronted with a host of problems, an unwelcome heritage from a great international struggle.
Only time, patience, courage and intelligence can properly change these unusual economic conditions and out of the throes of this re-adjustment period inaugurate a new era of healthy, prosperous American endeavor.
As Mr. Arthur Reynolds, of the Continental and Commercial National Bank of Chicago, has so cogently said:
We have all the troubles there are. We have had profiteering and extravagance, high prices and high wages, falling prices and a buyers' strike. We have low production, shutdowns and unemployment; we have had railroad congestion and we have idle cars. We have had big inventories and big losses, big crops and shrinking values. We have a housing shortage with landlords and tenants in a death struggle. We have building rings arid investigations. We have declining bank deposits and a constant demand for credit. The tax collector is clamorous and persistent and the end is not yet."
We are forcibly impressed by the number of these ailments that are affecting us.
We suffer some directly, others indirectly, so much so that we manufacturers are like the nut between the jaws of the cracker.
Stagnant business forms the lower jaw and high wages form the upper jaw, while a desperate competition from abroad will at no far distant date furnish the strength that will crush us. But that contingency of course depends on whether wages remain at their present extremely high level, whether the buyers' market remains inactive and especially whether the tariff proves ineffective.
Gentlemen, you know I am not a pessimist. My optimism is founded on the unshakable belief that in any emergency, America will produce the men of clear vision who will guide it to safety. And I am convinced that in our own industry, in the members of this Association and of the National Association we have men who possess this ability, men who will meet not sit idly by and calmly await the coming of calamity, but who will meet the crisis with that fortitude and acumen that has made American business men famous all over the world.
If wages should be reduced, they will be reduced. The stagnant market will then begin to move. Competition will be successfully met and we will gradually but surely experience once more that prosperous condition that will be equally gratifying to employee and employer, alike.
After disposing of officers reports and routine busincss the election of officers was taken up. Mr. Gleason appointed the following nominating committee, who after brief consideration, suggested the re-election of the present officers of the Association consisting of: Marshall W. Gleason, president; Nicholas Kopp, first vice president; Marion G. Bryce, second vice president; E. P. Ebberts. treasurer, and John Kunzler, actuary, who were all unanimously re-elected, and when called upon for speeches fittingly expressed appreciation for the honor bestowed upon them.
The board of directors was also re-elected and consists of Messrs. M. W. Gleason, Nicholas Kopp, M. G. Bryce,