WEBVTT

NOTE Machine transcript of the film's sound; not yet checked.

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And this trademark on the pay station, few
pause to reflect that a major epic of

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American enterprise and industrial advance
is actually summed up in each of these
symbols.

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When they see the J-M symbol, how many
realize that here, too, is the stamp of
that

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unrivaled initiative that has made this
country, in so many ways, the number one

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nation of the world?

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To most people, Johns-Manville means
asbestos, a non-burnable suit to

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protect the firefighters

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on our carriers, or a colorful roof that
won't burn or wear out.

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Yet these are only two of the products
whose total sum would show us wide-flung

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webs of

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men and manufacturing facilities, natural
resources, and native resourcefulness, all

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of them animated in every fiber by that
dynamic American drive that developed on

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this continent an arsenal of democracy and
a source of sustenance for the needy

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of many lands. In the case of the J-M
symbol, more than 400 lines

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of products

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can scarcely reflect the far-reaching
organization of plants, warehouses,

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research facilities, sales offices, and
mines that combine with the labor of

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some 20,000 people to form a living
entity, which

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is Johns-Manville Corporation.

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Now, corporation is a word that designates

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such a combination of factories, mines,
and people,

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especially people.

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For unless corporation makes you think
primarily of people,

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people pooling their efforts to achieve a
common purpose,

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then it's a poor word to describe an
industry that

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has grown in characteristic American
manner

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from the humblest beginnings to a position
of leadership in the field of

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asbestos and allied products for here home
spun from the very

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fibers of

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freedom and woven into the fabric of our
national life is a truly typical

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manifestation of individual and group
American enterprise of

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course we know

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the J-M organization didn't just happen it
wasn't created by imperial edict nor

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was it solemnly legislated into being.

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Actually, here was but another human
enterprise

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born of man's ageless desire to earn a
better livelihood.

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So let's go back to New York in 1858,

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a year that brought this nation

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to the perilous brink of war between the
states.

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Yet pioneering Americans were still
pushing on to Oregon

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and blazing their iron trails into the
untamed West.

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men were taking long chances with new
ideas in a country alive and moving with

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energy but not

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all the pioneers took the westward trail
one remained in a dim basement on William
Street

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he was 21 and his name was H.W. Johns had

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anyone called him capitalist or rugged
individualist

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chances are he'd have left and resumed his
labors after all he was

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just another energetic young

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American who, despite rumors of war, was
determined to set up his own business,

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be master of his own destiny. But in
addition, H.W.

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Johns had imagination, and this took

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fire when he read in an 1859 encyclopedia,
asbestos,

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a mineral of the hornblende family.

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Cloth made of this mineral is not affected
by heat. The mineral is abundant in this
country

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and on Staten Island in New York Harbor.

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It is found in bundles of fiber

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resembling slips of dry wood.

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Asbestos is used for lining fireproof
safes

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and as a filter for chemicals.

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It is, however, in very little demand.

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Many people read that quaint description

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and did nothing about it,

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but not H.W. Johns.

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He obtained samples,

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took them to his gloomy basement,

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and worked far into the flickering New
York nights how often he failed is not

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known but by the time the war between the
states had come to its costly end

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Horace Greeley wrote in his Tribune H.W.
Johns' improved roofing

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is strong and

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flexible unaffected by the sun's heat
practically fireproof and is really an

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article of the first order of merit young
Johns realized the importance of

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the great editor's opinion.

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This is amply attested by an advertisement

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in an 1871 edition of the American
Agriculturist.

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And because Johns' asbestos roofings were
as advertised,

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the public responded, and his business
prospered.

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Soon he was experimenting with asbestos
papers

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and other innovations, for it is an axiom

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of a successful business that it cannot
stand still.

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It must expand by adopting new ideas,
producing new products,

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and investing new capital, or it must
ultimately close its doors.

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Discovery of extensive asbestos deposits
in Quebec enabled Johns to expand into the

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manufacture of asbestos twines, rope,
paper, mill board, cloth, and cements.

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Meanwhile, another business was becoming
known in Milwaukee, where Charles B.

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Manville began

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mixing blue clay, paper pulp, and animal
hair into an insulating material.

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With his three sons, he established the
Manville Covering Company, advancing a new
conception

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of the conservation of industrial heat by
insulation.

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But as higher temperatures were required
in industrial operations, these men
eventually

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realized they had to use asbestos fiber to
withstand these temperatures.

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So it

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was only natural, and in the progressive
American tradition, that the Manvilles,

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father and sons, would presently find
their way to the doorstep of H.W.

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Johns. A

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few years later, in 1901, the H.W.

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Johns-Manville Company was formed with its

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main office in New York City. The
company's development from this time on is
a classic

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example of American industrial growth. In
the middle 1920s, however,

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a new industrial

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cycle was in full swing. Industries were
called upon by the demands of an

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increasing population

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and America's ever-rising standard of
living for greater and greater services
and production.

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private fortunes were seldom adequate to
finance the new plants new machinery

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and the many new

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facilities needed thus public ownership
through the savings of millions of people

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who bought

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stock in corporations became the means of
providing the necessary capital for these

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expansions such a transition was taking
place in 1926

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and a year later stock in the newly

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formed Johns-Manville Corporation was
offered to the public.

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Professional scientific

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management took the place of family
control, and a healthy expansion has been
a dominant

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keynote from that day to this. As a
measure of the steady progress of this
representative

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American enterprise, annual sales have
increased from 44 million to

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around 200 million. From

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less than 1,000 stockholders, Johns-
Manville is now owned by more than 13,000
stockholders.

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Now it's often a mistake to use the dollar
as a measure of size.

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You will find a truer yardstick of a
company's progress in its employment
figures,

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the number

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of jobs created directly and indirectly.

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during this period the number of employees
has increased from 6,000 to

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20,000 and the annual

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payroll is six times as great or 50
million dollars more than a quarter of a

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century ago

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but when it stated that J-M makes about
20,000 jobs that's only a start

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other jobs are created

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in the many firms from which the company
buys materials and services still more in

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all the

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organizations to whom the company sells.
In the old days, a worker's

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effectiveness and his earnings were
limited by inadequate tools.

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Nowadays,

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with modern tools and other mechanical
aids, his efforts are multiplied a

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hundredfold, and a man doesn't have to
work nearly as long or as hard to earn

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much more. That hand shovel we saw a
moment ago cost a dollar fifty cents.

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This huge power shovel cost Johns-Manville
over $200,000,

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obviously much more than individual

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workers could afford. But corporations,
which are cooperative enterprises created

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by many

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persons who risk their savings, can and do
provide such costly equipment.

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The more capital,

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the more tools. The more tools, the more
each man can turn out.

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And the more each man produces,

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uses, the more prosperous are the
communities in which he and his family

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can enjoy their lives. Here is the secret
of the industrial success of the modern

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democratic society and the high standard
of living in those nations which

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maintain a free competitive business
system. It would

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seem extraordinary that

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a great organization of men and machines
is based primarily on such a tiny silk

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like fiber as this but such is the case
for this is asbestos the

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magic mineral

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it is the raw material that forms the
foundation of many Johns-Manville

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products resembling cotton or wool at
first glance asbestos is actually a

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fiber of stone yet it's amazingly flexible
its greatest renown rests

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rightly enough on its resistance to heat
and the fact that it will not burn

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surprisingly too these fragile looking
fibers are extremely strong

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what fierce prehistoric

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forces veined this serpentine rock with
asbestos withering volcanic heat perhaps

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plus tremendous

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geological pressures science isn't
completely sure more than 20

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centuries ago men knew the

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magic mineral existed yet only in the
latter part of the last century did the
new human

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needs of an awakening industrial age
transformed these fibers into more than

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a mere curiosity. Then, through invention,
intensive development,

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and the vision and

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initiative found where free enterprise
prevails, men began making asbestos a

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basic part of modern civilization.
Deposits of asbestos dot the planet.

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In South Africa, Italy, Cyprus,

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Russia,

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Australia, China, India,

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the United States, and here

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in Canada is the biggest deposit in the
world.

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High above this huge hole in the ground
once stood a rocky hilltop, the old
Charles Webb

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Farm.

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In 1881, with the town of Asbestos Quebec
yet to be named,

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a wealthy farmer, W.H. Jeffrey,

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decided to risk his savings and develop
the asbestos deposits.

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The mining was primitive.

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Asbestos ore was blasted and dug out by
hand chisels from three shallow pits.

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Jeffrey operated

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the mine for 14 years. Then came the money
panic of 1893.

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Jeffrey had not put

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aside enough money from earnings to meet
the emergency, and his impending failure
menaced

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the financial security of every family in
the growing village.

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Just in time, Jeffrey

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sold out to a group of men who managed to
keep the mine going another 21 years.

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World War I found the mine again in
difficulty, again jobs were threatened,
fear

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of a business

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collapse hung over the community. Every
home would be affected.

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Then T.F. Manville appeared

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on the scene, bought the mine property,
formed a new company, and the town of

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Asbestos, again

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saved from disaster, began a new period of
prosperity.

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Today, both open pit and underground

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mining methods bring out the asbestos
fiber. Here in the open pit mine, great

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masses of richly-veined rock are blasted
by dynamite.

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Power

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shovels load the

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loosened rock into mill-bound cars. Down
in the underground

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mine, as elsewhere,

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modern machines take care of the toughest
parts of the job, turn them into

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push-button operations. You will search
here in vain

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for the grimy underground

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00:14:39.770 --> 00:14:45.450
worker of an earlier era. These modern
miners come to work well

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-dressed in

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their own cars and change clothes in
spacious locker rooms.

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Years ago there

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were jobs for only 25 men. Now there are
2,500 jobs.

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The work is much easier and

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the men are on duty eight hours instead of
12. Of course there are other ways of

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getting a mineral out of the ground,

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00:15:07.530 --> 00:15:09.290
one would be to use slave labor,

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driving the men to the limits of
endurance,

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00:15:12.210 --> 00:15:14.890
pouring in replacements from political
prisons

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and concentration camps.

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But that kind of system doesn't result

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in the kind of town found at Asbestos
Quebec.

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00:15:24.440 --> 00:15:27.100
Nor does that kind of system house its
miners

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00:15:27.100 --> 00:15:28.280
in homes like these.

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Give them a choice between town or farm
life.

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00:15:35.320 --> 00:15:38.200
And it isn't likely to erect a modern
industrial clinic

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00:15:38.200 --> 00:15:45.500
such as this providing workers with the
last word in scientific medical care in

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00:15:45.500 --> 00:15:50.800
this J-M mine as the annual payroll has
risen from a few thousand to more than

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six million dollars the yearly yield of
asbestos fiber has soared to

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approximately 400,000 tons in the

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mill crushers pulverize the ore and
machines

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00:16:05.990 --> 00:16:10.650
like huge vacuum cleaners suck up the
fiber, reject the waste rock.

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00:16:11.610 --> 00:16:16.830
Fibers vary in length from a fraction of
an inch to more than two inches, the

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longer ones

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00:16:17.430 --> 00:16:20.090
lending themselves readily to spinning and
weaving.

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00:16:21.070 --> 00:16:26.530
Bagged for shipment, the graded fiber goes
out to J-M factories in Canada and the
United

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States to be made into an amazing range of
useful products for industry, farm,

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and home.

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The variety of products of which asbestos
is a vital component is truly remarkable.

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00:16:40.510 --> 00:16:46.450
Johns-Manville plants manufacture a more
varied group of asbestos products than any
other

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00:16:46.450 --> 00:16:52.050
plants in the world. Asbestos yarns and
textiles that can't burn, rot,

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00:16:52.290 --> 00:16:53.430
or disintegrate from

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00:16:53.430 --> 00:16:59.350
heat or friction. These textiles are made
into asbestos suits for laboratory workers

238
00:16:59.350 --> 00:17:05.530
and modern firefighters. There are
products made principally from asbestos

239
00:17:05.530 --> 00:17:10.410
combined with Portland cement, such as
convenient movable walls for commercial

240
00:17:10.410 --> 00:17:12.850
buildings, factories, and institutions.

241
00:17:15.640 --> 00:17:18.620
Flexboard, a sheet material for bathrooms,

242
00:17:19.020 --> 00:17:21.580
kitchens, and other home and farm uses.

243
00:17:24.430 --> 00:17:27.410
Asbestos roofing and siding shingles to

244
00:17:27.410 --> 00:17:30.310
protect homes against fire, weather, and
wear.

245
00:17:31.670 --> 00:17:35.550
In an entirely different field, asbestos
and cement

246
00:17:35.550 --> 00:17:40.670
are joined in Johns-Manville's Transite
Pipe for water, waste

247
00:17:40.670 --> 00:17:42.890
disposal, and irrigation systems,

248
00:17:43.490 --> 00:17:46.510
and as a conduit for electrical and
distribution systems.

249
00:17:48.900 --> 00:17:51.780
Asbestos fiber and diatomaceous silica

250
00:17:52.060 --> 00:17:54.600
are formed into fireproof sheets of J-M

251
00:17:54.600 --> 00:17:57.280
Marinite and marine sheathing, which

252
00:17:57.280 --> 00:17:59.400
help prevent disastrous fires at sea.

253
00:17:59.760 --> 00:18:04.810
The first major installation was made in
the S.S.

254
00:18:04.850 --> 00:18:05.850
America

255
00:18:05.800 --> 00:18:07.950
following the tragic Morro Castle fire.

256
00:18:10.670 --> 00:18:13.350
It is now used on practically all the
passenger

257
00:18:13.350 --> 00:18:16.310
and crew accommodations of America's
merchant marine,

258
00:18:16.670 --> 00:18:18.750
the safest fleet afloat.

259
00:18:19.930 --> 00:18:22.070
To protect both pilot and plane

260
00:18:22.070 --> 00:18:24.110
from the intense heat of jet engines,

261
00:18:24.860 --> 00:18:27.190
blankets of felted asbestos are used.

262
00:18:28.590 --> 00:18:33.390
thousands of people walk every day on
floors made of asbestos combined with
asphalt

263
00:18:33.390 --> 00:18:34.590
and with vinyl

264
00:18:34.590 --> 00:18:40.590
resins that make these durable resilient
floor tiles and millions more are the
unconscious

265
00:18:40.590 --> 00:18:46.490
beneficiaries of other hidden asbestos
uses the car that

266
00:18:46.490 --> 00:18:48.570
stops at an intersection for a red light

267
00:18:48.570 --> 00:18:53.470
is safely brought to a halt by brake
lining made with asbestos and other
substances

268
00:18:53.470 --> 00:18:54.870
which are also

269
00:18:54.870 --> 00:18:58.890
used for clutch facings in autos and there
are other asbestos friction

270
00:18:58.890 --> 00:19:02.150
materials for the control of heavy
industrial machinery.

271
00:19:03.810 --> 00:19:05.330
Another hidden use

272
00:19:05.330 --> 00:19:10.750
of asbestos is found in the countless
types of thermal insulations, refractory

273
00:19:10.750 --> 00:19:14.850
cements, and insulating brick in which
asbestos plays a vital part.

274
00:19:15.890 --> 00:19:16.890
Combined

275
00:19:16.570 --> 00:19:21.650
with magnesia and other materials,
asbestos fiber makes large-scale power

276
00:19:21.650 --> 00:19:26.950
control efficient and economical saving
millions of dollars in heat and power

277
00:19:26.950 --> 00:19:32.890
costs in another behind-the-scenes role
asbestos alone and

278
00:19:32.890 --> 00:19:33.910
in combination with

279
00:19:33.910 --> 00:19:39.930
other materials is used for industrial
packings and gaskets practically all

280
00:19:39.930 --> 00:19:45.250
power machinery is made with movable parts
which require packings to seal in

281
00:19:45.250 --> 00:19:49.450
the highly compressed steam, gas, or air
which drive the machinery.

282
00:19:50.890 --> 00:19:52.730
Another important manifestation

283
00:19:52.730 --> 00:19:57.310
of the magic mineral is in the form of
asbestos papers and felts.

284
00:19:58.750 --> 00:20:00.390
Papers as fine as only one

285
00:20:00.390 --> 00:20:05.070
ten-thousandth of an inch thick, important
in insulating the coils of electric motors

286
00:20:05.550 --> 00:20:11.430
and in other electrical equipment.
Asbestos felts, saturated with asphalt,

287
00:20:11.730 --> 00:20:12.730
resist all

288
00:20:12.730 --> 00:20:18.410
sorts of weather to protect all manner of
structures from modest garage to

289
00:20:18.410 --> 00:20:23.770
towering skyscraper. This extraordinary
machine is applying

290
00:20:23.770 --> 00:20:25.630
asbestos felts to

291
00:20:25.630 --> 00:20:30.790
the now historic Big Inch pipeline so
important to the oil industry for the

292
00:20:30.790 --> 00:20:34.550
rapid transportation of petroleum
products. But

293
00:20:38.680 --> 00:20:39.800
Johns-Manville's varied

294
00:20:39.800 --> 00:20:44.860
business does not depend on asbestos fiber
alone. Quick to perceive the truth

295
00:20:44.860 --> 00:20:50.760
of the old maxim that to stand still is to
die, Johns-Manville's management has

296
00:20:50.760 --> 00:20:54.880
over the years added new enterprises
involving other raw materials.

297
00:20:56.120 --> 00:20:57.120
One of the

298
00:20:56.960 --> 00:21:01.300
most important of these is diatomaceous
silica, mined at the company's quarries

299
00:21:01.300 --> 00:21:07.380
in Lompoc, California. Celite is the trade
name used by J-M to market its

300
00:21:07.380 --> 00:21:11.420
diatomaceous silica products, which
include insulations and insulating

301
00:21:11.420 --> 00:21:17.200
cement filter powders for clarifying
liquids and mineral fillers which

302
00:21:17.200 --> 00:21:21.040
improve the quality and reduce the cost of
hundreds of manufactured products

303
00:21:22.120 --> 00:21:27.580
wood pulp is also a vital raw material in
Johns-Manville's operations from

304
00:21:27.580 --> 00:21:33.180
southern pine at Jarratt Virginia and
Natchez Mississippi J-M manufactures

305
00:21:33.180 --> 00:21:39.680
insulating board products for home and
industry interior wall paneling ceilings

306
00:21:39.680 --> 00:21:45.380
and exterior sheathing. Rubber, too, is
important in J-M's lines of products.

307
00:21:45.740 --> 00:21:47.360
At the Van Cleef Factory

308
00:21:47.360 --> 00:21:52.980
in Chicago, J-M manufactures a variety of
rubber products for home and industry.

309
00:21:54.400 --> 00:21:55.460
Carefully selected

310
00:21:55.460 --> 00:22:00.560
slag obtained from the refining of metals
should not be overlooked either, for

311
00:22:00.560 --> 00:22:01.560
from it are made rock

312
00:22:01.540 --> 00:22:07.420
wool insulations for new and existing
homes to keep them warmer in winter and

313
00:22:07.420 --> 00:22:08.500
cooler in summer.

314
00:22:09.680 --> 00:22:14.840
Other forms of rock-wool insulation are
used in refrigerators, railroad cars,

315
00:22:15.280 --> 00:22:20.680
automobile bodies, and other mechanical
equipment. In order to keep and improve

316
00:22:20.680 --> 00:22:25.520
its competitive position and thus assure
jobs for its present workers and create

317
00:22:25.520 --> 00:22:30.200
new jobs, Johns-Manville provides the
world's largest and most modern

318
00:22:30.200 --> 00:22:35.500
facilities for research in building
materials, insulations, and allied

319
00:22:35.500 --> 00:22:41.620
industrial products. This huge research
center is located near Manville, New

320
00:22:41.620 --> 00:22:45.680
Jersey. Eighty years ago H.W.

321
00:22:45.740 --> 00:22:48.460
Johns, one of the founders of the company,
laid down a

322
00:22:48.460 --> 00:22:53.840
fundamental policy. It was, we promise and
claim less than many others

323
00:22:53.840 --> 00:22:54.860
but shall

324
00:22:54.860 --> 00:23:00.000
endeavor as heretofore to furnish the best
materials of the kind and to make

325
00:23:00.000 --> 00:23:05.040
every resource available for their
improvement. This is the tradition of

326
00:23:05.040 --> 00:23:09.060
Johns-Manville research and the principle
upon which it has been built.

327
00:23:10.380 --> 00:23:14.500
Today, countless new developments in
Johns-Manville's many fields are

328
00:23:14.500 --> 00:23:19.280
beckoning. Other fields of services and
products as yet undreamed of are

329
00:23:19.280 --> 00:23:24.760
awaiting discovery. But to achieve such
results, it is necessary to keep many men

330
00:23:24.760 --> 00:23:30.060
on payrolls and give them steady work. And
that means, to continue in business,

331
00:23:30.060 --> 00:23:34.280
it is imperative that each contributing
enterprise make a profit.

332
00:23:34.860 --> 00:23:38.600
For profits put back to work in the form
of additional investments

333
00:23:38.600 --> 00:23:41.840
enable corporations to improve their
products,

334
00:23:42.160 --> 00:23:45.760
expand, replace worn-out tools and
machinery,

335
00:23:46.140 --> 00:23:48.360
and create more steady jobs.

336
00:23:49.440 --> 00:23:52.240
How much in profits does it take to do all
this?

337
00:23:52.900 --> 00:23:55.280
Actually, much less than most people
think.

338
00:23:55.280 --> 00:24:01.020
On the average, industry's profits amount
to five cents out of each dollar

339
00:24:01.020 --> 00:24:02.020
taken in.

340
00:24:03.740 --> 00:24:08.660
Asbestos is truly termed the magic
mineral, for certainly there would seem to
be no

341
00:24:08.660 --> 00:24:09.660
walk of life.

342
00:24:10.000 --> 00:24:14.620
Be it the great industries, our battle
fleets in peace or war,

343
00:24:14.940 --> 00:24:18.400
our railroads with their luxury stream
liners,

344
00:24:18.400 --> 00:24:24.280
the vast network of globe girdling
airlines or a

345
00:24:24.280 --> 00:24:26.960
permanent comfortable home in which these
silky

346
00:24:26.960 --> 00:24:32.860
fibers do not make a major contribution to
economy protection and long

347
00:24:32.860 --> 00:24:36.280
life thus have

348
00:24:36.280 --> 00:24:41.420
free business enterprise and unrestricted
imagination developed asbestos into one of

349
00:24:41.420 --> 00:24:46.800
the world's most valuable natural
resources taking its place with oil wood
and

350
00:24:46.800 --> 00:24:47.820
metal as

351
00:24:47.820 --> 00:24:53.560
an almost fabulous servant to man. From
the busy mine at Asbestos, from the

352
00:24:53.560 --> 00:24:58.740
forests, quarries, refineries and other
sources, flow the raw materials to J-M

353
00:24:58.740 --> 00:25:03.980
factories in Canada and the United States
to be made into more than 400

354
00:25:03.980 --> 00:25:09.860
lines of products to shield man from heat,
cold and noise and help

355
00:25:09.860 --> 00:25:10.860
protect him

356
00:25:10.480 --> 00:25:16.260
from fire, weather and wear. These
products are made not only

357
00:25:16.260 --> 00:25:17.260
here at

358
00:25:16.900 --> 00:25:22.320
Asbestos, but here at Toronto, here at
Manville, New Jersey,

359
00:25:22.540 --> 00:25:24.760
here at Tilton, New

360
00:25:24.760 --> 00:25:30.040
Hampshire, here at Waukegan, Illinois,
here

361
00:25:31.320 --> 00:25:35.810
at Marrero, Louisiana, here at Watson,

362
00:25:36.030 --> 00:25:41.450
California, here at Natchez, Mississippi,
here

363
00:25:43.080 --> 00:25:47.260
at Jarratt, Virginia, here at

364
00:25:47.260 --> 00:25:52.540
Alexandria, Indiana, here at Billerica,
Massachusetts,

365
00:25:53.080 --> 00:25:56.000
here at

366
00:25:56.000 --> 00:25:57.060
Lompoc, California.

367
00:25:59.120 --> 00:26:01.020
Here at Los Angeles, California.

368
00:26:03.340 --> 00:26:05.480
Here at Nashua, New Hampshire.

369
00:26:08.150 --> 00:26:10.470
Here at New Brunswick, New Jersey.

370
00:26:12.730 --> 00:26:14.690
Here at Pittsburg, California.

371
00:26:17.090 --> 00:26:19.410
Here at Redwood City, California.

372
00:26:22.060 --> 00:26:23.820
Here at Richmond, Indiana.

373
00:26:25.520 --> 00:26:27.640
Here at Zelienople, Pennsylvania.

374
00:26:29.850 --> 00:26:31.570
Here at Chicago, Illinois.

375
00:26:33.660 --> 00:26:38.960
And here at Munro, in northern Ontario's
newly discovered asbestos deposits,

376
00:26:39.280 --> 00:26:40.280
is the

377
00:26:40.160 --> 00:26:44.900
Johns-Manville mine which assures a
supplementary source of certain types of

378
00:26:44.900 --> 00:26:50.870
fiber not found at Asbestos Quebec more
than

379
00:26:50.870 --> 00:26:51.990
keeping pace with physical

380
00:26:51.990 --> 00:26:55.730
expansion has been the company's
continuing progress in other fields

381
00:26:56.470 --> 00:27:00.610
Johns-Manville was a leader in improving
the living and working conditions of its

382
00:27:00.610 --> 00:27:06.130
employees was among the first companies to
establish minimum hiring wages and

383
00:27:06.130 --> 00:27:10.110
one of the first corporations to introduce
the 40-hour week on a

384
00:27:10.110 --> 00:27:15.990
national scale and so we've seen how these
fragile looking fibers of a

385
00:27:15.990 --> 00:27:20.930
remarkable mineral with their amazingly
manifold uses have enlisted the energies

386
00:27:20.930 --> 00:27:26.850
of enterprising men through many decades
and resulted in a significant symbol one

387
00:27:26.850 --> 00:27:32.410
that represents an important corporation
with its factories mines warehouses

388
00:27:32.410 --> 00:27:38.630
offices laboratories and people pooling
their toil and treasure to achieve a

389
00:27:38.630 --> 00:27:44.850
common goal and now we can see too that
this major industry itself is actually

390
00:27:44.850 --> 00:27:49.830
but one of the symbols of something bigger
and more basic still our native

391
00:27:49.830 --> 00:27:55.410
way of doing things that inspires and
makes possible such dynamic progress and

392
00:27:55.410 --> 00:28:00.650
development for the J-M symbol is
representative of many others that serve

393
00:28:00.650 --> 00:28:06.460
as index to the complete industrial scene
when the J-M mine

394
00:28:06.460 --> 00:28:07.460
offered regular

395
00:28:07.240 --> 00:28:12.200
worthwhile wages that a man could depend
on it drew hundreds of farmers away from

396
00:28:12.200 --> 00:28:17.560
unrewarding backwoods drudgery and this
local shift of population was a

397
00:28:17.560 --> 00:28:21.600
miniature mirror of the major drift of
population throughout the United States

398
00:28:21.600 --> 00:28:27.560
away from the farms to the cities less
than a century ago more

399
00:28:27.560 --> 00:28:28.560
than half our

400
00:28:28.200 --> 00:28:34.300
workers toiled at farming or forestry
today less than one-fifth yet more than

401
00:28:34.300 --> 00:28:39.220
half our land area is still in farms which
account for some six million

402
00:28:39.220 --> 00:28:43.440
independent business enterprises still
rooted in the American soil.

403
00:28:43.820 --> 00:28:44.820
That

404
00:28:45.740 --> 00:28:51.180
sweeping exodus from a rural to an urban
existence was made possible of course by

405
00:28:51.180 --> 00:28:54.240
industry's invention and production of
more effective tools.

406
00:28:55.200 --> 00:28:56.480
Substitution of the

407
00:28:56.480 --> 00:28:59.840
machine for human toil and long dreary
hours.

408
00:29:00.300 --> 00:29:02.500
Still more significant is the

409
00:29:02.500 --> 00:29:06.740
increase in the output of goods and
services for each man hour of labor.

410
00:29:07.080 --> 00:29:08.080
Its

411
00:29:07.660 --> 00:29:11.520
average value has risen from a quarter to
a dollar and a quarter.

412
00:29:12.320 --> 00:29:13.320
So it would

413
00:29:13.300 --> 00:29:18.300
seem in the final analysis that the free
enterprise way of getting things done is

414
00:29:18.300 --> 00:29:22.680
perhaps not the system that has been
described by certain groups as faulty.

415
00:29:23.220 --> 00:29:24.220
It

416
00:29:23.860 --> 00:29:28.760
is not boasting but bald fact to state
that this country now has the highest

417
00:29:28.760 --> 00:29:34.140
standard of living ever attained. This
means that the average American earns

418
00:29:34.140 --> 00:29:40.560
more money, eats better food, has a better
house, better clothes, schools, theaters,

419
00:29:40.880 --> 00:29:46.540
and more conveniences than the average
citizen of any other country anywhere at

420
00:29:46.540 --> 00:29:52.500
any time. And no conceivable end has yet
appeared in the unfolding contours of

421
00:29:52.500 --> 00:29:57.960
the foreseeable future. We continue to
launch new enterprises, manufacture more

422
00:29:57.960 --> 00:30:03.200
goods, introduce new products, to create
new jobs that make money,

423
00:30:03.320 --> 00:30:04.720
money that makes

424
00:30:04.720 --> 00:30:10.940
new jobs, and tirelessly weave from the
tough fibers of freedom new patterns that
point

425
00:30:10.940 --> 00:30:17.120
to still better ways to serve mankind. And
many of us realize that therein lies the
secret

426
00:30:17.120 --> 00:30:21.380
of our past achievement and the key to
progress yet to come.

427
00:30:22.500 --> 00:30:24.540
So from our survey of the Johns

428
00:30:24.540 --> 00:30:28.980
Manville asbestos story, and from the
other major industries it so fittingly

429
00:30:28.980 --> 00:30:32.660
symbolizes, one inescapable fact becomes
apparent.

430
00:30:33.420 --> 00:30:34.980
We move into the American

431
00:30:34.980 --> 00:30:39.580
future at the throttle of the most
productive economic machine in all human

432
00:30:39.580 --> 00:30:44.480
history, and it is a machine that free men
know how to run.
