The Clinton chronicle. (Clinton, S.C.) 1901-current, October 05, 1950, Image 9
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THE CHRONICLE
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Volume LI
Clinton, S. C, Thursday, October 5, 1950
Number 40
A Regular Chronicle Feature
Babson Thinks Small Farms
#
Sure To Increase In Price
By ROGER W. BABSON
New Boston, N. H., Oct. 1.—In
view of the Korean situation I wish
to repeat some advice which I have
given before. It is not written for
those who live in small self-sustain
ing cities or rural communities.
Rather, I am writing for those in
New York, Chicago, Philadelphia,
Detroit, Los Angeles, Cleveland, St.
Louis, Boston, Pittsburgh, and Wash
ington, D. C. In some one of these
cities almost every reader has rela
tives or frirtids. When World War
in does come, some one or more of
these 11 cities may suffer a terrible
loss of life.
•
Readers who live in the Central
West are especially fortunate and
have nothing to fear. You are in
“the richest in time of peace and
safest in time of war” of any part of
the U. 8. Probably every state has
some similar safe, productive and
attractive sections. Readers who live
in such places should be very thank
ful. with the above introduction I
will sail ahead.
What I Have Dene
For some time my statistical or
ganization has been building a
branch here at New Boston. N. H,
for use in case of World War III.
We bought an old brick building
which we could use for offices and
several nearby hornet in which we
could house a limited number of
executives. We believe that many
more business concerns in each of
these vulnerable cities should do the
same thing. We all owe it to our
customers and clients. Most em
ployers have summer places to
which they personally could flee, but
such places do not provide an emer
gency plant or emergency offices.
I, however, have not been con
tent to do only this. Hence, I have
been picking up some old farm
houses to which families of our
employees could move. These are
from one to three miles from our
emergency plant at New Boston, a
distance which could easily be cov
ered with a horse and wagon if no
gasoline is available! Such farm
houses are well built with all mod
ern conveniences and can be bought
for one quarter what it would ost
to build them today.
B0W Far Away?
The authorities tell me that to be
absolutely safe we should be about
80 miles away from any of the above
big cities. It also is important to
be in a locality where these is a
bountiful supply of water, food and
fuel which makes it independent
of rallroed transportation. This last
requirement rules out many places
which are good for summer resi
dences but are not self-contained.
Hence, I prefer a small acreage of
fertile land which—in an emergency
—could support a family. If It now
has a house on it, so much the better.
I |m sure that property in these
large cities will decline in price
and small surrounding farms will
Increase in price until peace is made
with Russia. The purchase of such
need not be considered an invest
ment any more than an insurance
policy is an investment.
Such a farm would give a family
wholly dependent thereon only a
meager existence. The same time
and energy spent on a city job would
pay three times as much as if ex
pended on this fartn, J —but for em
ployees who work in a large city,
it is an excellent insurance policy.
Farms As Insurance
This is not a recommendation that
educated young or old people try to
get a living on such a farm. The ex
periment would probably end in dis
appointment. Such farms are useful
as summer homes for employers and
executives within commuting dis
tance, or those who have saved or in
herited a modest nest egg. This,
however, is an appeal that medium
sized corprations provide not only
for their owners and the business,
but also for their key employees and
families.
I believe tnat more corporations
should buy a few such farms with
in 20 to 30 miles of their plant. These
farms should be fairly close togeth
er; they should be expected to pay
only enough Jo compensate for main
tenance and taxes. They should be
furnished so each house could—in
an emergency—take care of ^ four
families (with one central kitchen).
I repeat: Whatever happens in
Korea, there someday will be a
World War HI. When it comes some
of the above cities will be bombed.
Old employees who have not the
money to buy and maintain such
places of refuge, should be protect
ed in this way by their employers.
Time to buy such farms is NOW.
Triple Benefits
The triple benefits ef safety, profit and conven
ience appeal to all investors at Citizens Federal
Savings and Loan Association of Clinton. And the
safety benefit has been doubled by the new fed
eral law increasing the insurance on each account
from $5,000 to $10,000.
You can open an account at Citizens Federal
with any amount at any time with additional in
vestments at your own convenience. Your funds
are readily accessible when needed for illness,
accident or financial emergency. And your pro
tected funds give you liberal earnings.
Why not save with Citizens Federal?
ederalSavings
|AND LOAN ASSOCIATION
Telephone No. •
A Clinton Institution Serving Clinton People Since 1909
> A •
“YOUR FAMILY THEATRE'’
'Children Under 12 Free
First Show at Dusk — Complete Show After 10
FRIDAY-SATURDAY OCTOBER 6-7
PRIDE OF THE YANKEES
Gary Cooper, Walter Brennan, Teresa Wright and
' Babe Ruth
MONDAY-TUESDAY
OCTOBER 9-10
I WAS A MALE WAR BRIDE
Gary Grant, Ann Sheridan
WEDNESDAY-THURSDAY 1 . OCTOBER 11-12
FIGHTING KENTUCKIAN
John W r ayne, Vera Ralston, Oliver Hardy
Scott's Store Changes
To Self-Service;
Three Big Soles Days
Changes which have been under
way for the past few weeks at the
local Scotts 5c-10c-25c store are com
pleted, states Manager F. C. Bre-
cheen. The store, in observance of
the event, is offering three big sales
day*—today, Friday and Saturday.
Conversion to the SELF-SERVICE
plan is the outstanding feature of the
changes that are in progress. This
plan is now being used in a number
of Scott Stores throughout the coun
try and has proved to be very pop
ular with their customers. It exped
ites the service to the shopper who
is in a hurry, and at the aame time
is ideal for the shoppers who like
to do their buying leisurely.
Improved counter arrangement
and merchandise displays will also
add to the convenience of shoppers.
The counters and shelves will be
well stocked with high quality mer
chandise that is in demand in the
locality. Many new items have been
added to make the Scott Store one
of the most complete variety stores
in this section of the state.
Scotts Clinton store was opened in
1938. The current improvement pro
gram is an indication of their suc
cessful operation here. Mr. Bre-
cheen states that the modernization
program is his company’s method
of showing their appreciation of the
fine patronage by the Clinton peo
ple. He extends a cordial invitation
to everyone to attend their self ser
vice opening event announced in the
columns of this newspaper today.
J. C. Thomas
JEWELER
“It’s Time That Counts"
Former Stage-Screen
Actor To Speak At
Religious Rally
A special religious rally will be
held on Sunday afternoon Oct. 8th at
3:00 o’clock with the Calvary Bap
tist church.
The guest speaker will be Cecil
Seagle, a former stage and screen
actor, who will tell his life’s story
and the story of what is going on
behind the screen in Hollywood.
Seagle’s screen name was Rick Rey
nolds.
Revival services are presently be
ing held at the church every evening
at 7:30 o’clock with Rev. Dan Greer
as guest speaker.
Rev. J. W. Spillers, pastor of the
church, invites the general public to
the services and especially to the
Sunday afternoon service when the
former stage and screen actor, will
give his life’s history.
Wise Mothers
FIND NEWREUEF!
for STUFFINESS,
COUGHS of COLDS
Wise mothers know how really
effective Vicks VapoRub la when
you rub It on.
Now. for amazing new relief
when colds cause coughing, up
per bronchial congestion, or that
“stuffed-up" feeling, modern
mothers use VapoRub this spe
cial way, too — in tteamt It
brings relief almost instantly.
Put 1 or 2 good spoonfuls of
VapoRub In a vaporizer or bowl
of boiling water, as directed In
package. Then . . . breathe In
soothing, medicated vapors.
Every breath eases coughing,
relieves that "chokey" feeling.
For continued relief—even
while you sleep
—rub It on, too.
Use it in Mtnam—kub it on, tool
MICKS
Ww/afoRui
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