Word: forstmann
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Dates: during 1930-1939
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During the War, President Julius Forstmann of Forstmann Woolen Co. told the Government that its specifications for uniforms were poor. He was asked to write new ones. They were accepted and after the War his company received the Distinguished Service Certificate for the excellence of its deliveries. It was the only U. S. textile company to receive such an award...
...Forstmann has been thinking about quality again. As chairman of the National Quality Maintenance League he decided that business has hurt itself by subordinating quality to price appeal, using flamboyant sales promotion to cover shoddiness. He feels restoration of real value will be one of the first steps towards economic recovery. Last week his newly formed National Quality Maintenance League (which includes makers of woolens, silks, velvets, millinery, shoes, hosiery, handbags, underwear) was preparing a broad educational campaign to boost values, to calm down advertising writers. Many worsted & woolen makers feel that right now women do not want high quality...
Launched. At Bloehm & Voss's yards in Hamburg, Germany, for Mrs. Richard M. Cadwalader of Philadelphia: Savarona, biggest yacht in the world, 407 ft. 10 in. (65 ft. longer than John Pierpont Morgan's new Corsair, 74 ft. longer than Julius Forstmann's Orion), with turbine engines developing 7,200 h. p., a speed of 17 knots, a crew of 100, built (with a gyrostabilizer) to look like a little ocean liner. Estimated cost...
...include a stateroom, office, bath, and big cedar closet. There are five staterooms for guests on the starboard side and a pantry, galley, and laundry to port. The Corsair IV is ten feet longer than the Orion, erstwhile "biggest in the world," built last year in Kiel for Julius Forstmann, New Jersey textile manufacturer...