NEWSPAPER & ARCHIVE
MEANS THAT 1,000 WOOLEN WORKERS MUST FIND JOBS ELSEWHERE
Boston, Dec. 19 - (AP) - The board of directors of the Hamilton Woolen Co. of Southbridge late today voted to recommend the liquidation of the company.
Their decision was arrived at after several hours debate behind closed doors and it was announced early tonight. It means that 1,000 workers or one-fifth of the working population of Southbridge and neighboring towns must seek employment elsewhere.
There have been three strikes at the mill since last Summer and recently State police in large numbers were called to the scene. While many have left there is still a detachment on duty.
"The directors have, therefore, arranged to call a special meeting of the stockholders and have voted to recommend the liquidation of the company," said the directors' statement after reviewing the causes of the controversy between the management and "outside union organizers."
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