The Clinton chronicle. (Clinton, S.C.) 1901-current, January 15, 1948, Image 11

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' A » -Y Thursday/January 15, 1948 THE CLINTON CHRONICLE • final Settlement , j f i n j Take notice tha?on the 3rd day of; IrijmdD j61^ KUutlPl February, 1948, I will render a final ^ ^ wi liocount of nry acts and doings as Ad-,IJp#|#l^ A4 IJparlll ministratrix oif the. estatg. of Berle rll MVUliy Conway Hooper in the office of the JA n , ||• |\ 11 Judge otf Probate of Laurens'County 4U ijllllOll UOlldrS at 10 o’clock a.m., and oh . the same} day will apply for a final discharge from my trust as Administratrix. SWING TO WAR PREPARATION DUr IN'48, SAYS BABSON Any person indebted to said estate Record Surpluses Are Forecast Under Fiscal Program Offered. is notified and required to make pay ment on or before that date; and all persons having claims against said estate will present them* on or before said date, dulyproyeo, or be forever Truman sent Congress Monday a barred. $39,699,000,000 budget, a recod- ■ M ABELL ^HOOPER, smasher for peacetime, and Republi- Washington, Jan. 12.— President A Do-Nothing Congress Lacks Courage To Pass Right Laws, Claim. .panicky and increase -tfreir. — Page Three chases; while controls tend to reduce production. * - _ All government attempts to in terfere with the basic-daws of supply* and demand ■'Taif in .their, purpose, i The only cure for rising prices is to let them rise to a point where production will be, so profitable that it will increase to an amount which will be in excess of demand. This causes an abrupt decl.ne in. prices : and iri employment also. This cure In ad- unpopular politically, and we will Administratrix. January 1, 1948.—29-4cw. Arthritis Pain For quick. dcU(htfully comforting help for ■ end r~*—* — pelna of HheumUlam. Arthrltii. Neuritis, Lumbftgo, Sciatic*, or Neuralgia try Retains. Works through the blood. First dose usually starts alleviating pain so you can vork. enjoy life and sleep more comfortably. Get Remind at druggist today. Quick, com plete satisfaction or money back guaranteed. can lawmakers reacted swiftly with i cries - of “extravagance.” DO YOU HAVE PROPER FIRE PROTECTION? i Is your coverage adequate? Should you softer a disastrous fire would your insurance* cover your loss? Think this over. See as for all kinds of Insurance, Surety Bonds and Real Estate. We Invite your business. CLINTON REALTY & INSURANCE CO. B. Hubert Boyd Phone 6 Washingtcri. D. C. Jan. 10 — . , - . . , dition'to my faunal forecasts last j ^ot see it before November 2, 1948. , week, I now want to add something 1 allocating materisls and for readers to think over. j reducirf§%axes, the only fundamen- General Outlook . ' I ta l <^uxes- which -the government can As heretofore stated, 1948 will be provide are: (1) putting an embargo In asking this sum to run the go-w- much like 1947,—at least up to No- on ex Po rts -. < 2) suspending the agri- ! emment for the fiscal year beginning : vatiber 2. With most manufactur- cultural Pf lce ^PP 01 ^ 5 - (3) freezing July 1, Mr. Truman said it is needed) ing companies enjoying large un- > a 8 es a od profits, (4) causing in to (1) head off ‘‘totalitarian rule” filled orders, there can be no de- terest rates to rise sharply, and (5) ! in Western Europe, (2) maintain a pression in 1948. There, however, : “modern and balanced armed force” i will be an increase in war prepara- ! for America's security ' and (3) | tions. This will mean the shifting 1 strengthen “the foundations of our’of emp.oymeit and credits from democracy and the hapminess of our lone industry to another. For in-J ... . , | people." j stance, we may expect some slack-1 want the federal government to He also forecast record-breaking ening in industries devoted wholiv shut off ^* e exports ot our goods, [surpluses li Congress does not cut to unessential peace work. Indus- t0 suspend price support of our pro- reducing government ex pe ns e s. These movements would be un popular politically, and I doubt whether yve shall see them in i'1948. All at us are-selfish. We don’t the nation's overall tax bill. ! tries which were booming during Sen. Taft (R-Ohio) called the World War II, such as air craft man- President’s spending recommenda-1 ufacturing, machine tools and ship- tions ‘ttoo high.” Sen. Ferguson ’ building, should pick up again dur- !(R-<Mich.) accused Mr. Truman of i ing 1948. “bad faith.” Democrats largely went If you are undecided as to how | along with the President, calling the some special business will act in estimate reasonable as Sen. Connally ducts, to freeze our wages or profits, to raise the rate of interest which we are paying,—or to discharge s >me relatives of ours whom we must support,—even although these things would be for the good of the nation as a whole. Hence, I again say,— 1 ng can pre- j “the world is in a state of chaos.” ■ at a time when, 1948, just consider how,- that busi- a spiritual awakening (D-Tex.) put it. ric^s agled in the years 1938 to 1940. Neru anf >ther severe bust. If the; biisiness prospered during leaders Lack Courage z' -Members of Congress aniFthe ad ministration know- whaL-to do. Chair- yffc CAN CO YOU HMD SERVICE we have a lull staff of factory trained mechanics to put your car in fust class condition . . YOU mi HEED Ctzsfi/ wi UU TNI V GMAC ROLET CO. Sales and Service | The total is about $2,000,000,000, those years, it will probably show i larger than what Mr. Truman asked, increased activity during 1948. If year ago for the fiscal year ending i it suffered, it may show a decline in man Eccles of the^Pederal Reserve | this June 30. The biggest items: 1948. There .will be no World War’board has givenXfongress excellent i $11,000,000,000 for national defense/III in 1948, but there will be ma.rkeu advice, as r^pdrted in the morning ! $7,000,000,000 fpr international pro- preparation for it. * parpers of^November 26. These re- grams, including recovery aid. , What About Inflation? commendations, however, are un-, ! “The plain fact is that our budget; During 1948 there will.be much, popular. Even Congressmen are must remain high,” Mr. Truman talk in -Washington about “checking^iwting their own selfish desires in wrote in his message to Congress,’inflation,” but any attempts willbe front o the nation’s good. !‘until we have met our international largely of the eyewash varietycind Congressmen are fearful of labor I responsibilities and can see the way not fundamental cures. iL-is sound, leaders. They are fearful of vet- j clear to a peaceful and prosperous legislation to allocate irfaterials tc ; erans, thus, unwilling to take a cour-j world." the more important industries, ageous stand on housing and rents.! Prudence demands it, he said. Doubtless certapK allocations will i They are fearful of the bankers, in j Turning to expected surpluses, he be instituted^.-during 1948. It also'fact, of all pressure groups in Wash- help to ri force people to leave the govern-1 more or less of a do-nothing Con-: mept employ and to produce. The gress. I visualize that ecortomic con-[ ofUy solution for inflation, however,; ditions will continue about as a fever) is to discourage consumption and is necessary to cure many diseases,! declared the Treasury should be in! would hejp^to reduce taxes so as to'ington. Hence, 1948 will witness! (the black by $7,500,000,000 on June 30 this year and by an additional $4,800,00,000 on June 30, 1949. The $7,500,000,000 figure would be the largest surplus for any year uvnis- tory and more than thq/govern- ment spent in any ofhts first 146 years. • | Mr. Truman urg€d that this money should be usedto reduce the public [debt, ratljer than cut the total tax ^take. ; Republicans, undeterred by Mr. ^Truman’s familiar argument, went 4 ahead- with their plana- -to—rt** , tnrough a SS.OQtUiatLOOO-iiiKoe-ie-J^ Enjoy The Drink That “Hits The Spot” AT FOUNTAINS EVERYWHERE AND BOTTLED Ask for the Big Bottle . v . * 3 1 1 ■ ■ - • t: PEPSI-COLA BOTTLING CO. GREENVILLE. S. C. h ' ' i, encourage production. Unfortunate- so economic distress seems necessary ly, when the government attempts | to bring people to their senses and 1 to decrease consumption, people get to their knees. • ■4=- Read The Chronide-Your Neighbor Does Puipwood! ( < We Buy U ,, Pine and Hard- • wood Puipwood ^ Loaded At Nearest Railroad Siding' On Stump or Cut in Woods GOOD PRICES! PROMPT PAYMENT For Full Information, Write S. M. WALL LAURENS. S. C. -em Whjje' GOP leaders said they were 'astounded 3t*the size of the budget j —and said it would be cut—there I was little criticism of the $11,000,- ; 000,000 for national defense. I Calling this figure “realistic,'’ • Chairman Bridges* (R-NH) ck tne Senate Appropriations Committee ! nevertheless ’said of Mr. Truman's overall proposals, that he has -played politics.” The senator added: “But no politics, however stated, can avoid the fact that he is sug gesting an increase of $2,000,000,000 in federal spending at 'a time wnen the security and well-being^ ol the j nation demand reduced e.xpendi- itures HNrix mw * 'mm** m m (IX: OF DEPENDABLE BUSINEis AND PROFESSIONAL>sTlWICE McGEE’S DRUG STORE Filling Prescriptions Is A Profession With Us Phone No. 1 BURRISS- HARRISON CO. Phone 435—W. Pitts St. YOUR FRIENDLY FURNITURE AND APPLIANCE STORE Chairman Taber (R-NYV of the! House Appropriations Committee, complained to the House: “Lvery single departmental item has been ! padded.” Sen. Ferguson, said he does not see how anyone can talk of a budget that large and at the same time want to reduce the cost of living. “I think that the president acts in-bad faith,” he summed up. The spending plans of the admin istration are “a threat to the general welfare,” said Sen. Dworshak (R- Idaho.) Democratic Sen. Byrd of Virginia, said the budget involves a “danger- lous gamble with our national sol vency” and said it is up to congress to J cut ‘bloated federal expenditures.” IT Hotpoint ■ ■ -Water Heaters -Ranges -Disposalls -Refrigerators -Home Freezers -Ironers A New Dream-Line of Quality Appliances HOME SUPPLY CO. Next to Bailey’s Bank Phone 423 - , , COLO DISCOMFORTS CITY SHOE SHOP Pitts Street, Expert Shoe Repairing Clinton and Goldville S. D. Dawkins & Sons Beware Coughs from common colds That Hang On Creomulsion relieves promptly be- v.ause it goes right to the seat of the trouble to help loosen and expel germ laden phlegm, and aid naturt to soothe / PENCIL SHARPENER — Dixon > Pointer, precision built, new ' handy item needed in every office. Chronicle Publishing, Co. and heal raw, tender inflamed bronchial ! mucous membranes. Tell your druggist - -to sell you a bottle of Creomulsion with the understanding you must like the way it quickly allays the cough or you are to have your money back. CREOMULSION For Coughs. Chest Colds, Bronchitis T. E. JONES & SONS y-•"■•". Clinton’s Newest Furniture Store Complete Line of Home Furnishings E. Carolina Avenue Phone 131-R CLINTON Service Station T\t the Sign of the Orange Disc” AUTO HEATERS Gulf and Goodyear Tires and Tubes YARBOROUGH OIL CO. Goodyear TIRES — BATTERIES ACCESSORIES Open All Night Phone 440 Copyii IOSII l’uLili>hvrs Keuvure Service, Ine. SNELGROVE’S GARAGE A. C. SPENCER. Mgr. EXPERT AUTO REPAIRING Phone 451 West Main Street - Pitts Coal Co. “Best Quality Coal” Phone 75 . Pitts Service Station “Service With A Smile” CHANDLER’S GARAGE General AUTO REPAIRING Phone 71 ‘Uncle Josh Entertains You We Professionally Serve You” RUBY’S Beauty Shop Phone 453 New York folks who spend all their lives ridin* subwav cars git nothin’ but a wUrms- eye vieiw o’ the town . . . Art Wortle ih»nks that keepiri' his cows A in a pasture muk<-'» • r " . V -t ’em give pasteurized milk. R. E. WYSOR, III *4 Jacobs Building Phone 85 Insurance Real Estate F. H. A. Loans \ CLINTON CAFE A GOOD FOOD WELL SERVED “On the Square” '4^' DEPENDABLE —Lubrication —Tire Ser\ ;te w —Washing & Polishing TEXACO PRODUCTS CAROLINA Service Station Phone 27 D. E. TRIBBLE CO.. BUILDERS 1 SUPPLIES Phone 94 WE ARE READY . TO SERVE YOU! Call 458 . ’ t Service Laundry and Cleaners “Service With A Hop” t »• > vy'4h f\ t- - »/•>. '-\ / - i-t»