The Clinton chronicle. (Clinton, S.C.) 1901-current, August 17, 1950, Image 4
Pace Two
THE CLINTON CHRONICLE
Thursday, August 17, 1950
iSJhf (Ultntmt QUirnntrlr
Established 1»M
WILSON W. HARRIS, Editor and Publisher
HARRY C. LAYTON, Assistant
Published Every Thursday By
THE CHRONICLE PUBLISHING COMPANY
Subscription Rate (Payable In Advance):
One Year $2.00 Six Months $1.25
Entered as Second Class Mail Matter at the Post Office at Clinton, S. C,
under Act of Congress March 3, 1879.
The Chronicle seeks Ue 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
*hey are not of a defamatory nature. Anonymous communications will
not be noticed. This paper is not responsible for the views or opinions
vl its correspondents.
MEMBER:
SOUTH CAROLINA PRESS ASSOCIATION
NATIONAL EDITORIAL ASSOCIATION
National Advertising Representative
AMERICAN PRESS ASSOCIATION
New York Chicago Detroit Philadelphia l
24 Billion Paid Out
In Social Security
During 15 Years
gram feared that if people received
a' pension out of hand they might
eventually form a voting bloc to
force up payments unwisely.
Directors of most of the programs
, Washington, Aug. 12. — Fifteen
years ago Monday, on Aug. 14, 1935,
President Roosevelt signed the So- j
cial Security act. This measure es-j showed the average aged dr blind
years. RODDY’S DRIVE-IN
The old-age insurance system is'NOW AIR-CONDITIONED
operated by the federal government,! P. L. Roddy said yesterday that he
and states look after the other pro- has completed air-conditioning Rod-
do not add up the individuals who grams. When they get federal funds, dy’s Drive-In near the city. <
have been helped. The exact total states must match them with their
thus is unknown
But, in 1947, an
F.SA. survey
jtablished a program to help the aged, < p erson was abput seven and standards
the blind, the jobless, impoverished a half years and that families that
own funds. State plans must con
form to certain federal minimum
MORE PEOPLE ARE
READING THE CHRONICLE
THAN EVER BEFORE!
mothers and children and crippled | got help for dependent children were jf
children. i on the rolls for an average of three
Since that day more than $24,000,- j ——— —*
, 000,000 has been spent to help mil- i MEETING OF STOCKHOLDERS
lions of persons under terms of the State of South Carolina,
Social Security system. * ■ | County of Laurens.
The program has cost the United: Pursuant to Resolution of the
States taxpayers a lot, and it has Board of Directors of M. S. Bailey Sc
been under fire at times. But the two Son, Bankers, Inc., to increase the
most important congressional votes Common Stock of said Bank Two 1
on social security—those- that set it H u n dT e d' Thousand ($200,000.00)
!up in 1935 and amended it in 1939— Dollars, a meeting of the Stockhold-
i Put a preponderant majority in both, e rs is hereby called to meet on Sep-
: the senate and the house of repre-j temtoer 8, 1950, in the office of M. S.
sentatives on record as in favor of Bailey & Son, Bankers, at Clinton,:
the system. South Carolina, at 10 o’clock A. M.,
CLINTON. S. C., THURSDAY, AUGUST 17, 1950
| Further amendments are now be
fore congress. They would make sev
eral changes, the most important be-
J-ing: To bring more people under old
!age insurance, to
to consider increasing the Common *.
Stock of said Bank from Three Hun-, g
dred Thousand ($300,000.00) Dollars
to Five Hundred Thousand ($500,- $
raise benefits all 000.00) Dollars and to issue stock j-J
for export at 30c a pound and no- along the line to meet rising prices, j therefor, value One Hundred Dollars g
body wants them. Likewise, through and to authorize monthly checks for | ($100.00) per share,
this Santa Claus agency which keeps a limited number of workers who; r. c. ADAIR, Secretary
prices high housewives are forced to! have become totally disabled. Attest:
pay — irish potatoes, pears, apples,
honey, string beans, dried milk, eggs,
Good News
President Truman has announced
he plans no revival of expensive OPA
u.'ed in World War II. This is good
news to taxpayers, though it may
not be good news to thousands of
prospective taxeaters who desire to
land jobs with such an agency if
set up.
"See Whatl Did!" , .. ,
In an Associated Press dispatch will be charged to hoarders and prof- 1 fourteen opposed. E- Blakely in the office of the Judge g
under Washington date line of Aug-'‘teers. The first surge of hoarding! Part of the basic philosophy be- : °^ Probate of Laurens County, at 10 S
* i Vkiauins* ** mm ms I Is ! m J tL. ^ ...L. _ 1 — # 1 1 O * r»!/Yr* It O m 'll't/’l f\ r» ♦ H £» C O CTW* s4 Q i
These amendments have been ap-! ROBERT M. VANCE, President,
proved by a senate-house conference'' 7-4c
raisins, butter (almost too high to com mittee and await final approval ctwai sri-n nttrvr
use), cheese, frozen turkeys and ; by both chambers and the Presi- FINAL SETTLEMENT
many other items are being given i dent’s signature. Votes taken in re- Take notice that on the 14th day of
away all over the country for which | C grR weeks showed in the senate ,^ e P^rriber, 1950, we will render a
taxpayers must pay. | eighty-one in favor and two oppos- f^^l account of our acts and doings
If prices run wild again the blame ed, in the house 333 in favor and a s Executors of the estate of Mattie
Are You Planning To
Buy - Build- Repair
Refinance
We'll gladly arrange a long-term,
monthly-payment home loan for you.
Let us give you complete details.
CURRENT DIVIDEND RATE 3 PER CENT
BT we find these words: and “scare buying.” prompted more
Harry S. Truman in a review of by fear and greediness than of price
hi' :i;>: five years as President said rises, seems to be waning. Take an-
:cdav that the country is in line other example there is no scarcity,
and he deserves the credit. ’ There’s more sugar available this
Read and weep. year-^8,700,00 tons—than the United
— States has ever consumed in any sin-
.. rv 4. *. VA/ *. J 1 bl e year. Those concerns w’hich are
[NO UlCtaror wanrea hastening to pile up big inventories
Senator Taft of Ohio opposes giv- beyond present requirements should
:ng ..ni.mitod power to President be condemned by the public, as are
Truman for economic controls be-, hoarders.
cause of the Korean situation. He. Let’s keep our feet on the ground, j tribute to the old-age insurance pro-;
and those who agree with him, are We have a duty as compelling as that gram. Those who framed the pro- August 14, 1950.
i our opinion. , of the soldiers fighting in Korea. It ——
Tie Korean war should not oe , s the duty of all of us to help hold ! *
.-ciztd upon to put the country un- the line of inflation by purchasing
dor a dictatorship It is dangerous what we need when We need it, .and
to grant any one man unlimited pow- r u likewise the duty and responsi-
» r Tie proposed bill in congress bility of manufacturers and retailers
would give the President broad die- to play fair with the public in the
fatoii.t powers over our entire econ- matter of pnee-raising. We are
omy. and should it be enacted the shirking our duty when we stampede
American people a ill discover some iln to hysterial overbuying and help
morning that they are ruled by a die-, create scarcities, and at the same
tutor ..k.n to that in several other t im e we are making it easier for
countries those who would gouge the buying
hind the whole program, as federal o’clock aun., and on the same day
security agency officials state it, a PPly f°r a final discharge from
was that help should be small our trust as Executors,
enough to make certain that most' Any person indebted to said estate H
people would exercise all the seif is notified and required to make pay-1 if
help possible For example, payments ment on or before that date: and all jf
to workers who retire at 65 years, persons having claims against said jf
are barely sufficient to cover neces- estate will present them on or before g
sities. And temporary unemploy- said date, duly proven, or be forever
ment compensation checks are much barred.
lower than a worker could earn. ; J. ALDINE BLAKELY and ! 8
Workers as well as employers, con- _ RALPH R. BLAKELY,
Executors. | B
7-4cw
B
•AVINGS
AND LOAN ASSOCIATION
Telephone No. 6
A Clinton Institution Serving Clinton People Since 1909
fl|fr OF THE FINE CARS IV IMM ?
We are opposed to the socialistic public.
profiteers and individual
state and to the Fair Dealers who Public sentiment should speak
would give Truman a blank check strongly against government hoard-
for ..ny kind ot dictatorial control mg, war
he cu ides to assume. Why are we,in' hoarders.
the present war status, millions are) ^
asking. To a large extent because of rrjjj
tne T: uman-Acheson policies. Our D n/>nrtCAI VA/II I
military weaknesses have become r KVJi V^jAL WILL
vicar, -ind our diplomatic deficiencies LI I 1/C TAY TAI^P
a.mw>! as obvious, since what hap- I MA I MINE
pened ,n Korea six weeks ago.
We Doubt the Rumor
There is much speculation
the future plans of Gov. J.
as to
Strom
Washington, Aug 12. — The with
holding tax on salaries would in
crease from 15 to 18 per cent, after
personal exemptions, under income
rtuumund after he retires from of- ( t ax proposals approved by the sen-
fk m January to b« sucreaded i ^ committee,
bv Gover-Elect James F Byrnes.
Some predict he plans to re-enter! Hcre are tabIes - prepared unoffi-
the practice ot law A report going t° show the-effect of such an
the rounds now says that he wLi incom e tax increase on the amount
pmu.ioly succeed Senator Jefferies as! wb ‘ cb would be withheld from an
gene ul manager of that monster po- individual s weekly pay envelope to
itical-k.lowatt, Santee-Cooper. No a PP*y against his annual tax bill:
.'tatement as to his future plans has
been made by the governor.
The report that he may head San- Pay
tee-Cooper is unfounded, we would $40
goes'. Jefferies as legal counsel and 45
manager has been the top paid offi- 1
cia. connected with this project since
:t was oorn in politics and is still in
the same status, except to a larger 1
degree. The public would be surpris- '
ed beyond words should the Colleton •
county senator step out of this post 1
for Tnurmond, or anyone else. He'
and Saniee-Cooper have been insep- ;
arable since it was created with sixty
million dollars of taxpayers money
50
55
60
65
70
75
80
85
90
95
100
Single Person
Senate
Bill
$5 22
6.12
7.02
7 92
8.82
9.72
10.62
11.52
12.42
13.22
14.22
15.12
16.02
BIG MOMENT
several years ago, and it is more in- 110 17.8
19.62
tent now than ever before, to mo
nopolize the power industry in the
state. It would drive private power '
120
130
140
Pres.
Law
$4.35
5.10
5.85
.... 6.60
7.35
8.10
8.85
9.60
10.35
11.10
11.85
12.60
1365!
... 14.84!
16.35'
21.42 •... 17.85'
23.22 19.3a!
r::
companies out of South Carolina and 150 25.02
put the state under the yoke of pub
lic power companies. We are expect
ing no separation of Jefferies from
Santee-Cooper or Senator Brown, of
Barnwell fame, from Clark’s Hill.
Both projects are socialistic and most
beneficial to officeholders. Profes
sional politicians always know how
to take care of themselves, first.|
20.85
Married Man With 1 Child
$40
45
60
55
60
65
70
75
80
85
90
95
|100
The "Me-Firsters"
We asked a groceryman yesterday, •
“Are people trying to grab eyery-
thing in your store?’’ “No,” he re
plied, “there was a hoarding spree
for several days but it soon passed , 120
over. Our customers are buying nor- j
mally.”
That is a good sign that people are j
not going panicky and hoarding, I
which hurts all alike. When hoard-!
130
140
150
ing is not practiced there is no scar
city, and profiteers are held at a
minimum.
There is no scarcity of food or oth
er commodities. The agricultural de
partment reports a record abundance
of food of all kinds as well as farm
products. Government, through the
surplus Credit Commodity corpor
ation, owns millions of dollars worth
of food it is giving away, or that it
cannot give away. Take dried eggs
as an exfcnnple. They cost too much
to buy, wnile the government owns
110,000,00) pounds it can hardly give
away to those who are eligible to re
ceive them. They are being offered
45
50
55
60
65
70
75
80
85
90
95
100
110
120
130
140
150
$1.26
$1.05
2.16
1.80
3.06
2.55
3.16
3.30
4.86
, 4.05
5.76
4.80
666
5.55
7.56 r
6t30 j
8.46
7.05
9.36
7.80
10.26
8.55
11.16
9.30
12.06
10.05
13.86
11.55
15.66
13.05
17.46
14.55
19.26
, 16.05
22.06
17.55
Mar’d. Man With 2
Children
No Tax ..
• No Tax
$ .18
$ 15
1.08
.90
1.98
1.65
2.88
2.40
3.78
3.15
’S a big moment when any
new car rolls up to your door
and you start out fresh and
spanking bright.
Think, then, what it’s going to
lean when that new car is a
RoADMASTER like this one pic
tured here.
You ’ll swing wide the door and
slide into a car that’s truly fine—
and looks it.
You’ll put foot to treadle and
touch off the might of a great,
152-horsepower Fireball straight-
eight that’s ready to master any
road—or anything it meets there.
*
You’ll have the silken magic of
Dynaflow Drive to simplify your
with a Doable Impact
driving, ease your way. A hand
some flexible steering wheel, auto
matic windshield washers, soft
Foamtex cushions, and many
other items that are "extras”
elsewhere are
ment here.
standard equip-
But
even while you enjoy all
that, you’ve a still deeper satis
faction enriching your pleasure.
For here you have not only a fine
car, but a sound and frugal in
vestment as well.
You have paid less per pound than
any comparable car costs—and
automotive men will tell you
price per pound is the soundest
measure there is of solid, thor
oughgoing merit.
You’ve bought quality—top qual
ity-all the fine things a fine car
should provide. But you haven’t
spent a penny more than a fine
car need cost.
A.nd that can mean a lot. For in
stance—
Drop in on your Buick dealer;
Try out a ROADMASTER. Match
it, feature by feature and point
by point, with any other fine car
on the road.
Then get the price.
You may well find that you can
get not only a new ROADMASTER
for the sum you had in mind—faf
maybe a new fur coat for your wife
as well!
■ 4.68
5.58
6.48
7.38
8.28
9.18
10.08
11.88
13.68
3.90
4.65
5.40
6.15
6.90
7.65
8.40
9.90
11.40
FOUB-WAT FOREFRONT. Thu tvggtd front
•nd (1) fit tho tfyk noH, (2) tavot on ropoir costs—
vortical bars oro individually rophcooblo. (3) avoids
"locking horns," (4) makos parking and garaging oasior.
Tim* I* HtNtY I. TAYLOR. ABC Nvlwork. *v*ry Monday trsnlng.
wtmm
mmemmmmm
.... 15.48 12.90
1728 14.40
__ 19 08 15.90
LAURENS MOTOR COMPANY
Street -:- Laurens, S. C.
Whass bottor natomobUos arm built BUICK vrOl btsUd thmm