Classic Mode

Coin Machine Journal

Issue: 1933 August

8
THE COI N M A C H I N E J O U R N A L
August, ipjtj
j o t t h e G o o d o f O u r I n d u s t r y I S u b s c r ib e t o
a n d H a v e A lw a y s P r a c t ic e d T h e s e S e n tim e n ts
President, Coin Machine Manufacturers Associa­
tion of America—
Executive Vice-Pres. American Sales Corporation
C H IS E L E R /
*OR more than three years American busi­
ness has been bleeding to death internally
under the reckless thrusts of the price-
cutter.
Whole industries have suffered from ruthless
raiding of lone wolf members—who smashed
prices down, down, down, in a savage attempt
to chisel business away from competitors at any
price.
are expending— the manufacturer of enterprise
and conscience can once more center upon the
improvement and perfection of his product in­
stead of being forced to match pennies with his
least responsible competitor.
Men are marching back to work—here and there
wages have already started up—business is defi­
nitely on the mend.
The nation thrills to a new purpose and a new
Everyone knows what happened before the with­ comprehension that fearlessly say that for the
ering blast of falling prices. Standards faltered. benefit of alt— farmer, laborer and businessman
Quality went under siege. Payrolls shriveled. alike —prices must go higher not lower —and
Buying-power shrunk. The very weapon used to the whole power of constructive administration
produce more business steadily produced less. in finance, industry and government is pledged
to make this happen.
Now suddenly the whole picture is changed.
People have begun to buy again—with new con­
It is changed because the public has started in
fidence that the prices they pay today will not
not only to buy, but to buy selectively —to seek
crumble tomorrow.
out not merely low price , but sound substantial
Your buying, your selective buying, is speeding
value as well.
the exit of the chiseler from industry of every
It is changed because men and women have kind—and as a direct reward for buying now,
learned that the wrong thing at the right price you can still get first-quality favorably-known
is not a bargain— that quality even more than merchandise at prices which you may never see
price determines worth— that good merchandise, again.
• The subject matter of this masterful presentation
at a fair price, is shrewder buying than poor mer­
of what is happening in the rejuvenation of Amer­
ican business appeared in page advertisements of
chandise at any price.
Behold the results already discernible in a few
short weeks!
Hope revives, ambition stirs, purpose hardens—
commodity prices rise constructively—markets
the Goodyear Tire and Rubber Co., Inc., Akron,
Ohio, over the signature of B. W . Litchfield,
president of the company.
The American Sales Corporation, 936 Wrightwood
Ave., Chicago, designers of the "Odom Special,”
the MHorseshoe Odom” and others of highest class
pm games have always, as now, sponsored and
sold only high-class games on a strict one-price
basis. W e invite your business.
When writing advertisers mention the Coin Machine Journal. It establishes you as being progressive.
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* 9
THE COI N M A C H I N E J O U R N A L
August, 1933
Pledges industry to
N. R. A. PROGRAM
Committee of Three to Survey Industry
and Prepare Code
The vending machine manufactur­
ers under the guidance of The Coin
Machine Manufacturers Association
got together Friday evening, August
4th, in a body to support the admin­
istration and the N.I.R.A. act. Never
before was there such concerted ac­
tion on any matter pertaining to this
industry. Practically every manufac­
turer of any consequence was repre­
sented at the meeting.
President Lee S. Jones issued the
call, as he explained it, because The
Coin Machine Manufacturers Asso­
ciation being an incorporated body
was on record in Washington and the
administration had directed various
communications to the C. M. M. A.
in regard to the attitude of this in­
dustry. Mr. Jones explained to the
manufacturers assembled that the
Association did not desire to take any
steps that would impose any penalties
on the industry at large but, at the
same time, it did not want to avoid
its own responsibility and for that
reason issued a call with the idea in
mind that the various manufacturers
could get their heads together and
solve the problem to their mutual ben­
efit.
A representative of the legal staff
of the Chicago Association of Com­
merce appeared and outlined to the
meeting what steps they should take
to comply with both the spirit and
the letter of the new act and at the
same time protect their own interests.
Various codes were compared in order
to show how reduction in hours and
the maintenance of the minimum
wage would effect prices in general;
and the suggestion was made how
best to go about a readjustment of
the wage schedule and hours of pro­
duction in this industry.
Sig Silberman, one of Chicago’s
leading printing executives, represent­
ing J. H. Keeney was present, and
pointed out some complications in
the blanket code that require special
consideration in order not to involve
members of this industry in conflict­
ing codes.
Several manufacturers had already
signed the President’s blanket code
and have been operating on that basis
since August 1st, among them are the
Daval Manufacturing Company, who
make the Chicago Club House; O. D.
Jennings & Company, whose latest
constructions are the Little Duke and
the Duchess; the Mills Novelty Com­
pany, who recently introduced the
new Mystery Bell; Exhibit Supply
Company, manufacturers of the Iron
Claw and other amusement machines.
After ageneral discussion of the
various provisions of the blanket code
and comparisons with other codes
that have already been adopted,
among them the printers’ code, Ole
Gullickson of the Churchill Cabinet
Company, in response to a request for
nominations for committee suggested
that a general committee of seven
manufacturers be nominated from the
floor to meet before adjournment and
select from their number a commit­
tee of three who will draw up the
code for the coin machine industry.
This committee was made up of Wal­
ter Tratsch, President of the A. B. T.
Mfg. Company; Dave Gottlieb, Pres­
ident of D. Gottlieb & Company;
John Watling, general manager of the
Watling Mfg. Company; 0. D. Jen­
nings, president of 0. D. Jennings &
Company; Vince Shay, sales manager,
Mills Novelty Company; J. Frank
Meyer, president of the Exhibit Sup­
ply Company and J. H. Keeney of
Keeney & Sons, Inc. Mr. Tom Wat­
ling was nominated but declined to
serve. Wm. Ryan, general manager
of O. D. Jennings & Company, served
in the place of 0. D. Jennings who
was not present.
The committee retired and while
they were discussing the matter the
crowd enjoyed themselves at the buf­
fet luncheon and other refreshments.
After some 30 or 40 minutes discus­
sion the committee appeared and an­
nounced that they had elected from
their number a sub-committee of
three who immediately would take a
census of wages, hours and produc­
tion costs in this industry and submit
a code which they thought would be
of benefit to the majority of the man­
ufacturers. This committee is com­
posed of Walter Tratsch, Wm. Ryan
and J. H. Keeney.
Manufacturers were enthusiastic in
their support of the act and displayed
a spirit of cooperation and unselfish-
Administration Building, one of the first of the imposing architectural feats one sees on
entering the Century of Progress at main gate.
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Arcade Museum
■ http://cmj.arcade-museum.com/

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