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• -SY. H' Pape Four THE CLINTON CHRONICLE / THURSDAY, FEBRUARY 10, l7l9 Site Qlltntott GUirmurlr Established 1900 -r WILSON W. HARRIS, Editor and Publisher HARRY C. LAYTON, Assistant Published Every Thursday Bv THE CHRONICLE PUBLISHING COMP.\N\ T One Subscription Rate Year $2.00 (Payable In Advance): . Six Months $1.25 Entered as Second Class Mail Matter at the Post Office at Clinton, S. C., under Act of Congress March 3, 18 7 9. The Chronicle seeks t ie cooperation of its subscribers and readers— the publisher will at all times appreciate wise suggestions and kindly advice. The Chronicle will publish letters of general interest when they are not of a defamatory nature. Anonymous communications will not be noticed. This paper is not responsible for the views or opinions of its correspondents. MEMBER: SOUTH CAROLINA PRESS ASSOCIATION NATIONAL EDITORIAL 'ASSOCIATION Exclucve National Advertising Representative GREATER WEEKLIES New York Chicago C^uroit Philadelphia will be better than double 1929's—or, after taxes and savings, about 115 to 120 billion left to spend. The mon ey is, therefore, there for goods and services. The' resources are there. Why, therefore, "do we hesitate? I’p To Truman Venture capital is being scared away. The outlook for profits is un certain. Investors are timid. They fear an unfair deal by Congress. Spotty capital investment contribu tes to retard production and cause vrnemployment. Only with fair taxes, fair wages and fair profits, is it possible to plow back into the business suffi cient funds to keep new construction and current production rising and to cause costs to go down. If our great America is to forge ahead, we need to create the proper environ ment for its growth. This means en- , couraging venture capital—not tax ing it to death. Let u^ hope that President Truman realizes this basic economic fact. CLINTON, S. C.. THURSDAY, FEBRUARY 10. 1949 A Good Form Progrom The Chronicle published last week 15-point agricultural program W as th for South Carolina prepared by the South Carolina . Agricultural com- mittee and the Clemson College Ex tension Service as a challenging goal to farmers for the coming year. It deserves the careful .consideration of fai n.i i s and business men alike, since we are all vitally affected by -the welfare of the farm. The goals as set up are grouped under the following Leadlines: Fain 1 , planning, soils, food and feed, farm mechanization, livestock, dairying and poultry, cotton, tobac co. fruits and vegetables, forestry, seeds and plants, pests and diseases, marketing facilities, farm buildings, farm beys and girls and health and recreation. Each of these points is applicable to our county and needs to bo emphasized. One of the most important of thtse points, we think, is the one on "Food and Feed.' The production of food and feed should always have an important place on every farm pro gram. This point ties in rather closely ' with the one on health and recrea tion because as Director D. W. Wat kins of the Clemson Extension Serv ice says. Good health is necessary for bet ter farm living. To assure good health, careful planning is neces- saiy to the end that plenty of good wholesome foods be produced and conserved Tho planning should in clude not only quantity but also quality and variety in order to pro vide for the nutritional needs of the body. "Every farm family should know the kinds and amounts of foods and feeds necessary to adequately meet the needs of the people and live-L stock on the given farm and should ‘ insofar as possible endeavor to pro duce and conserve sufficient amounts to meet these needs. Town and village families with land avail able should endeavor to do this." The slogan of the program is *'bet- | ter farm living" Farmers and all other citizeiiytrffl do well to study the poir#? l, ^ i f£t£H>d in an effort to impiovt agricultural conditions gen- trady ;n our county as well as the entile state. which human beings react resulted in complete failure. The recently defeated Congress upholding the principles of l "free enterprise" and of the depen dence of man upon his own capac ities. It likewise made a long over-, ; due attempt at cutting down extrav agance and wild spending and giv ing taxpayer^ a break. Now we have elected a new Congress of which thinking Americans already are be coming apprehensive. Politically, al most everything has been promised to everybody, with special favor to labor leaders who want to do a* ' they please. We need to become aroused, and let congressmen and senators know that we are. if we are to preserve "our way of life" through an economic system that has Ivon tried and proven, and made America gr,eat. CREDITORS’ NOTICE All persons having claims against the estate of Frank H. Williams, de ceased, are hereby notified to file the same duly verified, with the under signed, and those indebted to said estate will please make jjayment like wise. ISABELLE FULLER, •— Administratrix. February 7, 1949.—24-3cw. ' BABSON'S LETTER -I (By ROGER W. BABSON) Babjon Park. Fla., Feb. 4. — Mr. Ghandi, rest bis soul, advocated a re turn to the spinning wheel because "machines kill jobs.’’ Without ma chines. our uffrivalled living stand ards in this country would be totally impossible In the last 75 years our workers have become more and more produc tive Today they produce four times as much goods as they did then. When Abe Lincoln was a boy, about 79 per cent of our productive energy, was supplied by animals, 15 per cimt- by humans, and six per cent by me chanical means. Today only three per cent is supplied by animals and two 1 per cent by humans. Wbereas, the* machine does 95 per cant of our worlte! for us! k The thought th^t mecbaBization l is the root of all evil is as dd fash- as grandpa’s six-shooter in an atomic age The key our high standard of living is meeased char acter. intelligence and proefcsetivity through mechamaation. The results shorter working hours, more take- home pay, vacations with pay, social security, and a standard of living that nas Joe Stalin scared to death, j Comliticms Favoring Growtfl In order for any of God's crea- rures—plants, animals or- humans— ! to prosper and develop lully, they need the right environment and the, right food. Industrial America burst into bud and blossomed forth in the: last 100 years because it had: the- right fcou and the right er.s’inmment. Surely, vn hn\e abundant resources: 1 but so has Russia. What we have had , that Russia hr- lacked fas beetj, aj religious, political and economic en vironment which encouraged risk 1 taking. This combined sysvim ha« en couraged and made possible the ven ture capital to harness the mechanical energy which put money - ancLjnen | to work. .Don' blame the next depressi'io on , machines. Blame it on men. Thu; ma- cnines are working all right.. But both men owning and those operating I these machines must constantly work tor the'good of the world as a whole and not for any one self.sh gro ip. Increased Productivity There is as great a tried for capi tal investment as there was whecPI was a boy. We could readily invest 50 biflion dollars over the next de cade in uidifctrial modernization. We need to put another nil billion into : housing in order to bring our hous- > mg program up to decent standards.; We could easily use many billions for: streets and highways. There is cer- i tainTy a need, therefore, for increased savings. These are p«aaible oily with. lower taxes. Ptojected studies ihdicatii that fu- which had produced the highest 1 tore income will tx quite adequate-, standard of living ever known to to absorb increased, production sche-, mankind, destruction of which, by dules. In order, therefore, to increase' political ‘‘economic experts,” opened oar production ctpacity. we need’ the doors of the western world to considerably more venture capital. | ONE LOT DRESSES $2.00 Values to $19.95 HOSE. $1.65 By Mojud and Seven Point 51 Gaujfe, 15 Denier Were $2.25 51 Gauge, 30 Denier $1.00 J Were $1.50 AfoateA. HbteM Shoppie Clinton, S. C. Sportlei STYLE NO. 877—a confident, tire less coat, wonderfully suited to any time, any place wear. The lines are full of sweep and flare; the collar buttons high or opens casually; the rich fabric is Sportleish’s exclusive new homespun, a soft and supple basket-weave with phantom diagon al, woven of the finest virgin wools. ■r* Many other styles to choose Sky Blue. Coral, Sea Green. Navy, Black, Beitre, and Grev. Misses sizes 8 to Ifi Junior sizes 7 to 15 $40 (Jem Jlnderson’s \y YOU CANT BEAT VALUE’ a ft* The Economic Buzz-Saw Ir ■ u: iort ir ill I- .11 <niy ; uuii ac The u proves i. ton live \vi wn 1st ICS kK via' b> yutid > much ilh t he ■ iibcrtv. n space of 1G0 years have provided more > any other known continue to do so ■ i i's. fundamental n main unchanged, ung record of history ; any question of doubt government interfer- economy of—a-nation t po\a rty and to' Take a look at con-' it. . > ...itlies today, and ppening in this country is v.' are rapidly headed toward a soendi/ed state. H n Ralph W .Gwynn, House of Ih pus. ntativcs, Washington, has an interesting book "Four Thousand Yt a is of Failure of Price Control. This authenic recital records the failure of "planned economy” of which we are hearing much from Washington, tram the days of Baiby- lon t a the present time. It outlines the tragic results of the Roman Em- j>eror Diocletian’s tampering with the age-old problem of supply and de mand, that Natural law which is as inevitable and .basic as the law of gravity. It records the collapse of a great-system of Free Enterprise! BILE of cultural and political By 1930-55. our consumer market: 700 years drakness. The recital shows how the pow er craving emperor ventured in the realm of “wage and price control", and from that account you will recognize a striking resemblance to the trend of today for which the federal government is responsible. If the avowed intentions of some of the members of our govemme carried out we will crash upo Y FINAL SETTLEMENT Take notice tkat on the 18th day of March, 1949,, l will render a final account of my acts and doings as Executrix of the estate of Robert Pressie Neighbors in the office of the | Judge of Probate of Laurens County, at 10 o’clock a. and on the same day will apply foe a final discharge from my trust as Executrix. are carried oui we win naan Any person indebted to said estate the same rocks which have wrecked j s notified and required to make pay- so many nations throughout the me nt on or beifore that date; and all course of history. Even when popu- persons having claims against said lations were small, and the economic estate will present them on or before solutions were far simpler, the said date, duly proven, or be forever The Futu ramie Fleet is note complete! The Oldsmobile "98” ... th$ Oldamobile "76** . . . and now the Oldsmobile ”88,” the newest Futuramic of them all! It's NEW in power ... with all the brilliant action, unbelievable amoothneM, and gas-saving economy of Oldsmobile’s high-compression "Rocket” Engine. It's NEW in styling , . . with that brand new Body by Fisher whose lower, wider, roomier dimensions and greater visibility have made it an industry-wide sensation. Bat the Oldsmobile ”88” goes further than that. It has an entirely NEW balance ..« a NEW "feel” ... an indescribable something that sets it apart from any car ever built, 't oil’ll understand this when you drive the car . .. and not until. So make a date vGth the ”88." Ask woi>r dealer to demonstrate Oldsmobile’s "New Thrill**| on mind of man was incapable of suc cessfully controlling the economy of a nation by statues, and every at tempt to alter the natural laws to barred. LILA ELIZABETH NEIGHBORS, Executrix. February 7, 1949.—3-4cw. “•olds Hydro-Stmtic Drip* llowrffd aaulpmmu on Strim -9«" mmd “Sf.” »ptl»nml ml mmirm emnim "76, Whitt lUnrmlftirm sphonW * m»rm m*. WITH OCKET ENGINE •» YOUR OLDSMOBILE O BILE dealer TIMMERMAN MOTOR COMPANY CLINTON. S. C. - — 7,