Page 121 - Past Chair Book-Pre 2020
P. 121

l:irst  .Innitdl  CintZi'iilion

                          P r e s id e n t  S t r o n g :  I  sec  Mr.  Templeton,  the  representative
                     of  the  Whitman  &  Barnes  Manufacturing  Company;  he  probably
                     knows  the  conditions  existing  in  the  twist  drill  trade.
                          M r.  T e m p le to n  :  Mr.  President  and  Gentlemen:    As  the
                     youngest  of  the  charter  members  of  the  twist  drill  manufacturers,
                     we  have  perhaps  laid  ourselves  open  to  considerable  criti­
                     cism  in  the  methods  we  have  pursued,  but  I  think  you  will  agree
                     with  me  that  none  of  you,  as  jobbers,  would  go  out  and  take  the
                     personal  interest  in  advancing  the  sale  of  our  goods  that  would
                     be  necessary  to  make  the  business  grow  the  way  it  should.  For
                     a  great  many  years  the  Whitman-Barnes  people  have  canvassed
                     this  country  very  carefully,  and  they  laid  themselves  open  to  the
                     criticism  01  selling  to  everybody,  and  of  trying  to  carry  water  on
                     both  shoulders,  but  it  is  a  matter  of  considerable  gratification  to
                     me  for  personal  reasons  that  the  firm  has,  within  the  last  few
                     years,  reversed  that  method  of  doing  business,  and  their  plan
                     today  is  to  do  all  their  business  through  the  medium  of  the
                     legitimate  jobber,  and  I  will  say  very  frankly  that  in  the  territory
                     in  which  I  am  best  acquainted  it  does  not  make  any  particular
                     difference  to  us  what  price  the  jobber  makes  as  compared  with
                     the  price  we  make.  The  business  will  go  through  the  jobber.
                          W e  have  taken  a  great  deal  of  pleasure  in  sending  our  sales­
                     men  through  this  territory,  doing  a  good  deal  of missionary  work,
                     which  has  been  very  expensive,  and  we  have  turned  the  results
                     over  to  our  jobbing  friends.  To  my  notion  it  is  the  only  method.
                          The  point  was  brought  out  yesterday  at  the  meeting  which
                     I  had  the  pleasure  of  attending  as  to  the  necessity  of  local
                    organization.     We  find  there  is  a  great  deal  more  trouble  in
                    maintaining  prices  because  of  competition  among  yourselves  than
                    between  the  manufacturers,  and  I  can’t  sufficiently  urge  upon  you
                    the  necessity  for  maintaining  these  organizations  such  as  Mr.
                    Strong  has  told  you  was  organized  in  Cleveland.
                          We  are  all  pretty  nice  fellows,  and  want  to  make  money;  we
                    are  all  pretty  honest,  and  if  we  would  trust  the  other  fellow  I
                     think  we  would  win  out  a  little  better.  I  don’t  know  that  I  can
                    say  any  more.
                          I  want  to  thank  you  for  the  opportunity  of  making  this  little
                     explanation.  (Applause).
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