STNTRON DTOTONLESS ETECTRIC HAMI|ERS

ttOoly the Piston moves"

Yz to 2-inch Drilling Capacity

Veights 10 to 20 lbs.

Priced at t10O and up.

Elcctrlc Drllltt All Slzoc

Portabto Gr{nder end Bcnch ttr4rer

Goncrete Surteccrr tGreod Flcdtle Sbaltc and Equlprncot

Eloctrlc E nd Sawt trndcm . Pot3rhc3 Butterc vides that a Committee of about seven, representing manufacturing executives, sales managers, and executives from the wholesale and retail trade meet early in 1933 for a complete examination of present mer'chandising methods, and for the preparation of recommendations to meet the situation, plans to be reported to the annual meeting of the National Association. In view of this resolution it was decided that the sales managers' proposed marketing and distribution survey shall be held in abeyance.

Timber Conservation Board

After full discussion the Directors unanimously approved effort on the part of the organized industry to seek the continuance of the U. S. Timber Conservation Board and the National Committee on Wood Utilization. It was brought out that both of these organizations had been of inestimable value to lumber manufacturers and the industry in general, and that at the proper time within the next sixty days a representative group of manufacturers should urge continuance of these two activities by the industry and Federal Government in cooperation, the industries to assure the llecessary financial support.

Tax Legislation

Matters connected rvith present and possible future tax legislation were discussed including Section 115 of the present internal revenue law, and the expected eventual favorable attitude of Congress to imposition of a manufacturers sales tax. Provisions were made for handling both of these matters.

Freight Rates

The future part of the National Lumber Manufacturers Association in industry efforts to secure an equitable general reduction of freight rates giving due consideration to varying regional conditions was thoroughly discussed. No action 'was taken pending decision of existing applications before the carriers in the respective regions.

Tariff

Brief discussion of the broad question of the type of tariff

(Continued on Page 26)

G. Burton \(/aterman

G. Burton Waterman, treasurer of the Union Lumber Company, San Francisco, died at the Ross General Hospital December 12, at the age of 57. He had been ill several weeks following a heart attack.

' Mr. Waterman was born in San Francisco, and was first employed by Shreve & Company. He was later identified with the construction of the Fairmont Hotel. He subsequently became auditor for the Spreckels Security Company, in which capacity he toured Siberia during the World War.

About twelve and a half years ago he became affiliated with the Union Lumber Company as treasurer and held this position up to the time of his passing.

He was a director of the Coast National Bank, a member of the Marin Masonic Lodge and a former officer of the Richmond Masonic Lodge. In his younger days he was active in swimming and boxing circles.

He is survived by his widow, Mrs. Mary Adelaide Waterman, and two daughters, Mrs. I. W. Borda of Ross and Mrs. R. W. Allison of lVillits.