The Clinton chronicle. (Clinton, S.C.) 1901-current, November 03, 1949, Image 4
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THE CUNTON CHRONICLE
Thursday, November 3, 1949
(Ihr (Clintun QUjrontrlr
EsUbllshrd 1900
WILSOI^W. HARRIS, Editor-and Publisher
HARRY C. LAYTON, Assistant
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As Washington Sees It..
IHE NATIONAL SCENE
Special to The Chronicle,
; i Washington. D. C.—One of the
highlights of the debate on the An
derson farm bill during the week,
was the charge in the senate by Sen.
George Aiken that the commodity
credit corporation, was just about out
of mai
CUNTON. S. C.. THURSDAY, NOVEMBER 3, 1949
The Five-Percenters |
Recently there was a. great stir-
ngt >n
. ca It'd
iey and would need more if
farm prices were to be kept on the
90 per cent of parity basis for an
other year.
I This is a reverberation on the Re
publican side of the fence of the
measure offered previously in the
house by Congressman Jesse Wolcott,
Republican of Michigan, to give OCC
another billion dollars in loan author
ity. Congressman Brent Spence of
] Kentucky immediately challenged
Wolcott, declaring CCC had plenty
of money for the purpose of carry-
i ing out the farm price support law.
Facts are that as of June 30 this
year the commodity credit corpora-
, ^ , . . . 4 .. , tion had approximately two and a
while the people back home toil and bjHicm in borrowing authority
sweat to meet the bill. You can t take left out of its original 4 75 billion
c
ITv
\'i 1! V
■It
t J j. n o • *vitoo o' the Wash- theSC figures in we kn P^ V ’, bu K t dollar authorization given about
He—vercenters which re- CVer y °“ T\ T ? Ugbt t0 bc * bl ! two years ago. This means that
k j !V1 . <tJte 0 ‘ f a ffai rs . it0 see * h f U!> e- Jeanl ‘ lg must CCC has about two and a quarter
1 come in ^ .i^hing^n , billion tied up in loans and inven-
nil ! tqry out of w'hich it may or may
The Tax Problem not realize a profit or a loss. Then
Sen. Olin D Johnston, member oi oU t of this two and a half billion
the big-spending congress, said in: ava ^3t)le, it must carry on its
Columbia a few.days ago that he “is P r ice support program the rest of
not in favor of any additional taxes this fiscal year until June 30, 1950.
■ ... e been all >wed"* It’s too late to at this time.” Instead, he said, “the Actually CCC has only lost ap-
lose the barn dour after the horse fed era l government should look for proximately $250,000,000, all in 1948,
is out. .ways to reduce spending and avoid an£ ^ from its inauguration in 1933
These five-percenters have made | an annual deficit." That makes sense, tb * b ^ mb * n * °f ^ ^
l : _ A * ^i__ _ 1 so far as it goes. 1 overall profit on its operations.
Just about the same time, Senator ^° me profits during the war were
C ngrt\" has adjourned and what
o: the investigation” Prac-
thing, with a tendency on
of some high officials to
lhitew.i>h ' le whole affair. It was a
ond.tion oi .'•elling influence by
eitain groups, that never should
big money in recent years from their
prospective clients through high-top
contacts they are able to make with,
t officials or departments. - ^ may ^ re t a j nec j He also! cotton inventory alone.
Tho-e who know “their way around P‘ u *K>ng. may oe reiamea ne aiso | „ . '
Johnston said that the Greenville on fantastic side. It piled up
air force base, for which he has been ! P r °fil s oi some $200,000,000 on its
government officials or departments.
muKKimt. mav oe reiainea. ne aiso --
So -officials of CCC are not anti-
The^orl of »vi„g F or. j ackson from the De- cipatin* the, will run ou. of money
• r: mal scene And the best way to
o:;ng about this needed and over
due torm is to eliminate the ques-
•; '’’able causes within the govern
ment which make their existence
- Hisjiblc
A Big Industry
pn a- amount ot government red tape fense Secretary’s economy order unless the crops of next year are so
. ronnonsib’e in a large measu-e for Bt>th are slated t0 be closed down tremendous that huge grain surpluses
.7rm> of f?ve-pe^enTers selling soon, and they should be. along with P‘le up. If the crops are normal or
-v d- rn and fav >r< Toe five-ner ma ny other expensive war-time pro- m short supply they may well make
• r v. e eliminated fr un *h» jects. in spite of Chamber of Com- a profit on the commodities taken
a.d ae ehm.nated from the ^ largely ()V er under this year’s loans.
commercial. The war is^over. This 81st congress has made a i^ir-
A congressman or senator can't good record on conservation of
blow both hot and cold at the same natural resources and kindred pro
time. though they may try to fool the count being more than a
people back home The way to make score of bills w-hich include meas-
additional taxes unnecessary, of ures ^r-roarking approximately a
which Johnston speaks, is to cut ex- billion dollars for flood control, river
penses and spending. There is no oth- and harbor and reclamation projects,
i er . e st iti >n yes- er way to do it. as any person of just f The administration and others in
lay .ve saw another customer drive average intelligence must know. ^favqr of a Columbia river valley
i: d alighting from his car say— The present congress, of which authority or administration just can-
cr up ' And the courteous Senators Johnston and Maybank are not seerri to over the hump on,
.< • r proceeded to do what he members, set a peacetime record for ^is kind of legislation. A dozen bills
■o do. 1 spending... It must be said for this have been introduced and bitter de-
nv m uncommon sight body that it ran expenditures up to ba | e has been engendered over the
•ha: hannens dailv at "the a new high level with the prediction! va ‘‘ e y authority question in general.
'‘nMons s-at’e'ed m now made ^hat this fiscal year will Both senate and house public works'
every part of this country, and this end with a deficit of five billion dol- ^ m ‘ t n t J es n !!f n ve t held ®5 tensi '’« hear T
does not include the 175,000 other ou.- lars - ° nc Piesident Truman’s *”°-1 h g pin " d , ^ t0 , ho1 ^. on -tbe-spot|
let- 'i n oun‘rv stores and f*ar- nomic advisers recently resigned bearings in the Columbia valley it-
ige- a h:ch .-ell gasulme and oil prod- because he could not give his en- to get local interest viewpoints.
ac « s ” ‘ dorsement to the present administra- Whatever decision the congress |
’.Y.-.ut due.' : ’ It means that t‘o n that in a time of good business ma,l * s on the Columbia river may
a? :o.d
Taut i
> nr.c
the world is moving on wheels, and and general prosperity is far over- Provide a blueprint for other river
that regardless of what happens— spending its revenue, and piling up developments
folk' are going to ride, and automo- more deficit. You can’t blow hot and The -irst CVA bil was introduced
b: 1 c.' are being sold in increasing cold at the same time. w ac hi!fatnn Ugh t JaCkS ° n ;v, Dem0Cra i t ’
numoei'' We are told that the mo- 1 When Senator Johnston and others '''ashington, in January this year. In
ti.r dri«, wrn Se a service m Washington honestly endeavor to Apdl Hugh Mitchell, Demo-
every time he drives 12 miles along letrench all along the line, and stop 1 c r at - Washington Rep. Jackson. Sen-
a road in this country. Customers sav endorsing and working for camps, “ t( > r ^ arren G - Ma g n uson, Democrat,
‘•fi!! er up " or call for less and it projects and hand-outs for which and 1' other senators, introduced the
is done in a matter of seconds. And ‘ tax P a y ers must pay—faxes will come
while the average motorist never i down > and n °f until then,
thinks of it—back of this service is *
a highly developed industrial organ- A Coach's Job
ic n hat exists lor the purpose of ( President M. W. Brown of Presby-
ha. ing the gasoline and oil products terian college at the recent Walter
avaryiu.e foi the motorist when he j 0 h n son Day celebration in Green-
a.i.i ' in and makes his wants known.; v jji e sponsored by the Merchants as-
T. e oublic asked for service, it asked soc j a tj on 0 { tbat c , t y ) j n speaking in
to. . e..e: gasoline, better lubricants b igh terms of Johnson, said: “John-
so .heir cars could be operated for son was one 0 { those coaches who
.eng periods of time with a minimum didn’t have to win games to keep his
o. maintenance And it got them.jj ob a t Presbyterian college."
It > tnat way-folks usually get what, That was an unuS ual statement, but
! c - vvant ' ^ we are glad the president of the in-
v /~ / t i i i stitution said it. It is so different from
You Can't Take It In the general procedure in many col-
ing $80,000 a minute. By ■.its state- ers were calling for the scalp of the; would retain independent status,
men*, it has reduced to understand- Carolina football coach because his Then the pulling and hauling be-
abic terms the estimated 42 billions team was not winning this season, gan. Rep. Walt Horan, Democrat,
of government expenditures for the When Carolina defeated Clemson in Washington, introduced a resolution
year 1949-50 And yet the poliitcal fbe fair game the report came from for creation of a Columbia basin com-
President Truman is advocating Columbia that the victory raised En- mission and Sen. Harry P. Cain, Re-
lumbia valley administration bill. It
has the approval of Secretary of In
terior Krug. It provided for a new
governmental agency headed by a
board of three directors to take ov-
control, resource conservation
visory boards and councils.
spending may continue.
to time We used to talk in terms of was made in the face of spreading through
a million dollars. That is scratch- rumors that influential alumni want- mission,
feed, it doesn’t mean anything any- ed 3 change in coaches because Flor- Then S
more. Now we talk in terms of bil- * da l°st to Vanderbilt. have intr
lion 1 ; tor spending and indebtedness, A coach’s job, especially in large for the c
not knowing what it’s all about. .schools, is hard and uncertain. His control *
Someone asked us what is a bil- record decides as to whether he is the river
lion dollars. We haven't the slight- to be P u .t u P° n a pinnacle or kicked
est conception. Bu^ here are some ou ^» which shows how college ath-
facts by statisticians that ought to letics has been professionalized and
make taxpayers think, for they are commercialized.
I
the group who must cash up the bil-i The big idea now is to win. We are
Hons. glad that Presbyterian college over
If you put a billion dollars togeth- the >' ea rs has not taken this attitude
er side by side, they would stretch solely. Every team wants to win, of
out 98,908 miles—which is equal to 1 course, but there’s no nsense in be-
almost four times around the cir- coming fanatic and wanting to kill
cumference of the worjd.
If you put a billion one dollar bills
one on top of the other it would
make a stack that towered sixty-four
and one-half miles into the sky.
On today’s 40-hour week, it would
take a man 2,935 years to run a bil- 1
lion one-dollar bills off the press.
If a person spent $10 a day, it,
would take 273,974 years to expend
a billion dollars. Ih he decided to
speed up the process and get rid of t
a dollar a minute day and night, it
would take 1,902 years to get rid of
the money.
Congress spends in big figures
the coach when his team slumps, as
all will do.
OFFICE SUPPLIES
CUIRNG—4c PER LB.
Call 74 for all the little items
We Also Cut and Process
needed for the office.
for Home Freezers
MclNTOSH'S
Laurens
SHOE SHOP
Locker Plant
Send Your Shoes To Us for
Laurens, S. C.
Best Materials and
Hours — 8 A. M. to 5 P. M.
Workmanship.
Telephone 928
Notice To
Locker Patrons
HOG KILLING TIME
Bring your porkers to us
and we will process and
cure them.
i
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