**Source:** Unknown
—
{
“headline”: “Views of Uniloval”,
“handwritten_date”: “7-11-67”,
“newspaper_name”: “NAUGATUCK NEWS (Conn.)”,
“full_text”: “Continued From Bank 1ls Not Pressing Anybody to the Wall. We go along with the circumstance. I expect some withdrawals of property as time goes on,” said Neil Stanley of the Naugatuck Savings and Loan Association says the bank has not had to Invoke any payments on loans. “There’s nobody much behind in their payments on loans. We’re trying to sympathize. People are making a very strenuous effort to stay current,” he said the bank has not been making any vigorous small withdrawals.\nAt the Household Finance Co., Waterbury, says \”People are hurting for money. A hell of a lot of creditors aren’t getting paid. It’s a little bit of a mess. The strikers on picket duty get $35 weekly and there’s no way that can be done. We’re not pressing anybody to the wall. There’s less lobby traffic. Many people, either to turn in their own or on our suggestion, have postponed major purchases – such as a new car – until they’re back on the payroll.\” \nJames M. Greene, executive director of the Naugatuck Chamber of Commerce says, \”I’m sorry to say, there is no way of telling how much at this point. We haven’t had any savings’ deposits in the city of Naugatuck since the strike, beam of some plants in and around Naugatuck, since the strike, beam of some. A hardware store manager, Jean Gagnon, of General’s General Store, says 65 per cent of his customers are Uniloval workers. \”Business has dropped off at least 25 per cent. We can’t take it too much longer. Last week, I had to cut credit to food items only, if the strike goes on another month, I’ll have to cut off credit completely, if they don’t settle. The town is hurting for money. A hell of a lot of creditors aren’t getting paid. It’s a little bit of a mess.\” John Evans, factory manager, of Uniroyal’s Chemical Division says his firm \”hasn’t been hurt too much. We’re extending or increasing the strike force a bit, Fred. The situation at Uniroyal has been a hardship on a town with 5,500 employees striking out of a population of 26,000. But there’s been no big pressure on us. So all the maintenance staff for the rubber company and, now, we’re hoping Ohio settles it.\” Ira Mackler, of M.Freedman and Company, a department is of the opinion that the full impact of the strike will be reflected in the fall. \”I’m planning for a de crease. Actually, we’re picking up business that stores in the city that have had to close. Payments are lagging, It is my impression that the collection of taxes have not been as bad as they might be in view of the situation. We are extending or credit to some people and in so doing are hoping Ohio settles it.\””
}