TEXTILES: Answer to a Problem

In New England, no business problem is more pressing than the drift of the textile industry to the South, lured by cheaper southern labor and new plants financed by southern cities. How can the industrial migration be stopped? Last week, New Hampshire businessmen and state officials planned a banquet for a man who had shown them how it can be done. His name: Mack Kahn.

Kahn, who started a brassiere company after World War I with $1,500 in Army savings, has built it into a $40 million textile organization, Artistic Foundations, Inc., that...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!