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Show Western Industrial Maintains Full Wages and Employment lit z ; - riViVVed-- Once again does Western business show the world how to weather anj industrial depression. In a recent article in "Printer's Ink" entitled "Bigger Than Balance Sheets," in which America's greatest industrials stated their business record, The Par-affine Par-affine Companies, Inc. was the only institution that scored one hundred per cent . The quoted letter from R. S. Sham-wald, Sham-wald, president of the Company, stated : "Replying to your request would state The Paraffine Companies, Inc. has made no reductions in personnel of its manufacturing, sales or office organizations, nor has it made any wage cuts before or since the depression depres-sion beginning last fall. It believes such reductions can and should be avoided." The article singled out The Paraffine Par-affine Companies Inc. as the outstanding outstand-ing example of the new spirit in management which is as conscious of its responsibility to its employees as to its stockholders. Thirty-five hundred employees of The Paraffine Companies Compan-ies and its affiliated companies arc unaware of any generat business recessiontheir re-cessiontheir wages have continued as always and the millions of dollars distributed by them to tradesmen have helped stabilize Western business. busi-ness. Once again has a Western industrial presented an unmatched achievement. Besides continuing the normal wage and employment scale The Paraffine Companies, Inc. have maintained their regular vacation plan. Every employee of the company, including all factory workers, is each year given a vacation with full pay- The length of the vacation vaca-tion is gauged by the "ears of employment em-ployment and U as long as two weeks. The Paraffine Companies was he first Western industrial, and one at the first institutions in the United States, to give all factory employees annual vacations with pay. This plan was inaugurated some six years ago. Further consideration is shown the company's employees by the maintenance main-tenance at the company's expense of group insurance for the benefit of every employee's family. Truly this K. S. ShainoU. PmUtnl Th Paraffin Componi, Int. company is an outstanding example that proves that it pays to give every employee fullest consideration because the compans current statement for the fiscal year ending June 30th' showed an increase over 1928 earnings and only a small decrease as compared with 1929 net profits. Another interesting item contained in the company's report is its record of manufacturing expansion. Dui ng the past two years this company lias spent more than $1,500,000 in additions to its Western roofing, shingles and floor covering factories, besides investing in-vesting more than $1,400,000 in affiliated companies. The ability of The Paraffine Companies Com-panies to maintain sales and pri.lits has been, in the main, directly tr e-able e-able to their policy of confiniiv ic ; major portion of their adverli; :o newspapers, which have always ucca used by this company as its primary advertising medium. : |