Viewing page 66 of 136

This transcription has been completed. Contact us with corrections.

SEPTEMBER 1955     35

The American worker or the foreign workers. All it does is make the importer richer at the expense of both the American worker and the foreign worker. For this reason I have advocated for some time a twofold program in the field of foreign trade, which, in my opinion, if carried out, would create a middle class of people with purchasing power in every country in this world.

"I believe the United States should lead the way by creating a Board of Foreign Trade....In the distribution of Point IV money the second part of my program would come into play, for I would allow no nation to participate in obtaining any of this money unless they first adopt in the constitution of their country a bill of rights comparable to ours and establish a separation of the powers between the executive, legislative and judicial branches so that dictators could no longer function or gain a foothold in the future." In September 1953 Cenerazzo was appointed to the special commission to study Congressional and judicial salaries.

The question of increasing the tariff on Swiss watches was resolved in July 1954 by President Eisenhower on recommendation of the U.S. Tariff Commission. The tariff was raised up to 50 per cent on imports of watch movements of seventeen jewels or less. President Rodolphe Rubattel (see C.B., 1954) of Switzerland protested to the President as did the Watchmakers of Switzerland.

According to the Swiss watch manufacturers, the increased tariff has had a damaging effect on the amount of trade done between the United States and Switzerland. Former transactions between the countries had resulted in favorable balance of trade for American worth five hundred million dollars (see advertisements of the Watchmakers of Switzerland in the New York Times, May 4, and July 18, 1955).

The labor leader was described in Fortune (April 1949) as the "the Terrible Turk of the American Watch Workers union." as Charles W. Moore sees him, Cenerazzo "has the zeal of a prophet by the patience essential to a successful negotiator."

Reference
Fortune 35:198 Ja '47 por
PM p13+ Ja 5 '47
Read Digest 45:56+ N '44; 55:81 S '49
Moore, C. W. Timing a Century (1945)

CHILDS, RICHARD S(PENCER) May 24, 1882-  Business executive; organization official

Address: b. c/o National Municipal League, 47 E. 68th St., New York 21; h. 149 E. 73d St, New York 21

Known as the "father" of the city-manager plan of municipal government, and also of the short ballot principle, Richard S. Childs has combined the career of business executive with that of civic reformer and publicist. He has been, successibley, gneral manager of the Bon Ami Company, an associate of A. E. Chew in the export business, and officer of the Ameri-

[[image - black & white photograph of Richard S. Childs]]
[[photo credit]] Pach Bros. [[/photo credit]]
[[caption]] RICHARD S. CHILDS [[/caption]]

can Cyanamid Company, and the executive vice-president of the Lederle Laboratories. he was chairman of the Citizens Union from 1943 to 1950. He is the author of Short-Ballot Principles (Houghton Mifflin, 1911), and Civic Victories (Harper, 1952). In 1954 Childs was the recipient of the La Guardia Memorial Association Award. For many years he has been chairman of the executive committee of the National Municipal League. He is a well-known figure in New York City, "but he is also known throughout the nation for his influence on better municipal government."

Childs' city administration plan, now known as the council-manager plan, is "the fastest growing form of local government in the United States today," wrote Bernard Cutler (New York Herald Tribune, February 23, 1952). "It has been widely praised as the most workable way of running a city by both political scientists and voters in the communities where it has been tried." According to estimates made in 1955 by the National Municipal League, 1,269 communities and counties have adopted the plan, 40 per cent of American cities have come under it, and 25,000,000 people are governed by it.

Richard Spencer Childs, the son of William Hamlin and Nellie Spencer Childs, was born on May 24, 1882 in Manchester, Connecticut. William Childs, in partnership with his cousin, founded the Bon Ami Company, and made a fortune of $5,000,000. When Richard was ten the family moved to Brooklyn, New York, where the boy received his early education, and was graduated in 1900 from the Polytechnic Preparatory School. He went on to Yale University, and was graduated in 1904 with the A.B. degree.

Have a predilection for both business and writing, Childs first took employment with the Erickson Advertising Agency. At the outset