Word: sloan
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...autumn Mr. Sloan proudly counted the results: the industry's 320,000 employes in March had become 465,000 in September. Its $12,800,000 monthly payroll had become $26,000,000 in September. Textile workers were earning 40% more per week in spite of working shorter hours. Everyone was proud...
...flight. Long had the cotton textile industry desired better things. In 1926 it obtained one of those better things, a Cotton-Textile Institute. As secretary for its Institute it got a bright, handsome young son of one of Nashville's leading department store owners. His name was George Arthur Sloan and, as Secretary of the Copper & Brass Research Association, he had learned the art of running trade associations. He plunged into the job of finding new uses for cotton textiles?cotton wall paper, cotton writing paper, cotton roofing...
Four days later Mr. Sloan had an even bigger project afoot. One of the better things desired by many mill owners, who had been having tough sledding for years, was surcease from cutthroat competition. President Sloan called his Institute members together and suggested that they form a code of fair competition. On that day General Hugh Johnson was still an unknown lieutenant of a famed speculator named Bernard Baruch. An offer from the Institute was sent to the President and a month later, before the Recovery Act was passed, Mr. Sloan marched into the White House and slapped a draft...
...easy task had Mr. Sloan in getting three-quarters of his industry to agree to a code that outlawed child labor in the mills, cut working hours from as high as 55 to 40 per week, set a minimum wage of $12 in the South, $13 in the North. On July 17, the day his code went into effect, he made his stirring declaration: "Someone had to pioneer...
Energetic Matthew Scott ("Matt") Sloan, who resigned as president of New York Edison Co. in 1932. was an executive without a major executive post until he was elected chairman of Missouri-Kansas-Texas Railway last April. No railroad man, he spent two months inspecting nearly every mile of Katy's 4,956-mile system, meeting division agents, studying freight problems. Last week Katy gave "Matt" Sloan the post of president in ad dition to his chairmanship. The presidency has been vacant since the resignation last April of Michael Harrison Cahill...