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RETROSPECTIVE

HEADNOTE

50 years ago in AMERICAN MACHINIST

Labor costs need attention

In the May 23, 1955, issue, Editor Burnham Finney pointed out that the urge to increase manufacturing efficiency should be irresistible

for companies, since labor costs were on the rise and prices were tending upward. He suggested manufacturers use the latest machines to raise the productivity of their workers. Another idea was for companies to provide their men and machines with as much automation as possible.

According to Finney, these two actions constituted the best-possible guarantee against getting caught in an upward spiral that might easily upset costs and, hence, profits.

Beauty is in the eye of the beholder

That issue also reported Henry Ford II was happy to see the Detroit Free Press come back from the auto show with a piece of fabric he fancied.

IMAGE PHOTOGRAPH

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