A note from the Editor: Stock Performance Weekly is dedicated to providing readers like you with unique opportunities. The message below from one of our business associates is one we believe you should take a serious look at.
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WARNING:
The U.S. Economy Is in Big Trouble | | | |
Dear Reader,
The following presentation about the U.S. economy is alarming.
It will likely contradict everything you're hearing from Wall Street and Washington.
That's why it's important you watch it right away.
Because almost nobody is talking about what's really going on in the economy right now.
That's why I'm warning as many people as possible about the event I'm calling the "Middle-Class Massacre" … because it will soon devastate millions of unsuspecting Americans.
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| It's critical you watch this video right away. So you will have a plan in place to sidestep the calamity. | | | |
Before you invest a single dollar in the markets — or make any investment decisions — I urge you to click here now.
Stay safe, | |  | | | |
Ian King
Editor, Banyan Hill Publishing | | | |
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Singer in Scotland Workers leaving Singer sewing machine factory on Clydebank In 1867, the Singer Company decided that the demand for their sewing machines in the United Kingdom was sufficiently high to a local factory in Glasgow on John Street. The Vice President of Singer, George Ross McKenzie selected Glasgow because of its iron making industries, labour, and shipping capabilities.[5] Demand for sewing machines outstripped production at the plant and by 1873, a larger factory was completed on James Street, Bridgeton. By that point, Singer employed over 2,000 people in Scotland, but they still could not produce enough machines. In 1882, McKenzie, by then President-elect of the Singer Manufacturing Company, undertook the ground breaking ceremony on 46 acres (19 ha) of farmland at Kilbowie, Clydebank. Originally, two main buildings were constructed, each 800-foot (240 m) long, 50-foot (15 m) wide and three storeys high. These were connected by three wings. Built above the middle wing was a 200-foot (61 m) tall clock tower with the "Singer" clearly displayed for all to see for miles around. A total of 2.75 miles (4.43 km) of railway lines were laid throughout the factory to connect the different departments such as the boiler room, foundry, shipping and the lines to main railway stations. Sir Robert McAlpine was the building contractor and the factory was designed to be fire proof with water sprinklers, making it the most modern factory in Europe at that time.[6] With nearly a million square feet of space and almost 7,000 employees, it was possible to produce on average 13,000 machines a week, making it the largest sewing machine factory in the world. The Clydebank factory was so productive that in 1905, the U.S. Singer Company set up and registered the Singer Manufacturing Company Ltd. in the United Kingdom. Demand continued to exceed production, so each building was extended upwards to 6 storeys high. A railway station with the company was established in 1907 with connections to adjoining towns and central Glasgow to assist in transporting the workforce to the facility. Increased productivity came from 'scientific management' techniques which increased workloads whilst keeping salary overheads low, and in 1911, a mass walk out of 10,000 workers, the 'Singer Strike',[7] took place in support of twelve women polishers, who had seen three staff dismissed, but the workload remained the same with no pay.[8] It was significant in its recognition of the rights of women workers[9] and 'collective bargaining' and predated the labour movement known as 'Red Clydeside'.[10][11][12] A centenary film was made by the BBC about the female workers who stood up to the American management.[13] In the First World War, sewing machine production gave way to munitions. The Singer Clydebank factory received over 5000 government contracts, and made 303 artillery shells, shell components, fuses, and aeroplane parts, as well as grenades, rifle parts, and 361,000 horseshoes. Its labour force of 14,000 was about female at war's end.[14] |
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