University of South Carolina Libraries
f ■ 4 ■ TT t I Pa** Four THE CUNTON CHRONICLE - ■ 1 - ■ Thursday, January 18, 1951 COMMENT ON MEN ~ AND THINGS By The Spectator open to the rest of the world, and The New Year is here. Our mer chants are taking note of what theV" have on hand; and all other'business men are trying to learn just how they stand today, as they enter upon a new year. Well, we have this and that on hand, amounting tp ^o much in money; and we have an amount due us; then we look at the other s:de; we owe so much, and there aje taxes also, the sternest kind of debt. Perhaps we take something off for dcp:eolation. That might be true of some types of friendships, too; they depreciate, while others may develop nobly. One of the problems of living is to keep all the friendships in good ccndition. , A great asset in the«4ife of us here is just that: the fact that we are he re. that we are Americans. Surely we are the most haphazard, hit-crl , - rr.iss people on the earth, but we are the happiest. We have no class distinction and whatever c rich man may do the rest of us may ity to do. In England, great old England, certainly as she used to be, most people stay at home. Wen they go three or four hundred m, es they have travelled through several foreign countries; and they itdk they have broken away from the t.es cf provincial living and mingled w.th the world in a spirit of what we call cosmopolitan breadth, un derstanding and sympathy. Total farm assets of our country amount to slightly more than one' hundred twenty-seven billion dol lars, against which there is an in debtedness of only twelve billion four hundred million dollars. Thu* our farmers have ownerrfiip equity of over 90 per cent in their farms. In non-farm homes, counting apartment buildings with four or less families, and all valued at a total of two hundred billion dollars, our home < wners have an equity of one hun- ored fifty-eight billion dollars—a sub- rtantml ownership of 79 per cent. Therefore, as a result of the op portunity provided by our free en- ttrpr.se capitalistic system, the peo- p.e of our nation have a free and i ear ownership in their homes and f«.rms of M 4 per cent. Our people have savings of more than one hundred thirty-six billion uoiiars m government bonds and sav. yjti accounts An additional ninety-seven billion do.Iars are on deposit in commercial bar.k accounts. Our men and women have a cash Investment of sixty bil.ion dollars in 1 fe insurance policies. A h:gh percentage of our working ptople are provided with unemploy- Tr.er.t nsurance. sickness, accident ond retirement benefits, financed by tTr.ployers, employees and govern ment Others vhq are not covered by these plans and who find themselves in .'it-ed are provided <or by govern- mental and social institutions. We are increasing our efforts to improve the standard of living of the |.eop’.e in the lower income brackets. The United States, with only six ter cent of the world population and .en per cent of its land area, under ite democratic, capitalistic system, be fore World War II, produced forty- .••even per cent of the world’s man ufactured goods, but what is more mportant ninety per cent of that pro- ouction was consumed within our own borders Today we are producing ever fifty per cent of the world's manufactured goods, of which a sub- stantial percentage is for other coun tries Capitalism is baclring freedom of worship and providing increasing ed ucational opportunity by constantly giving more and more support to the two things upon which our demo cratic, cultural civilization depends— spiritual and educational values. We have a permanent investment in churches and schools of eighteen billion five undred million dollars and are spending annually eight bil lion dollars for religious and educa- t:onal purposes. Membership in the churches is in creasing at a much faster rate than the increase in the population, and in our Sunday Schools at an even great er rate. , In the past thirty years, elemen tary school enrollment has increased 13.5 per cent, high school enrollment 146.1 per cent and college and uni versity enrollment 35-1.6 per cent. Our pUblk school expenditure* per pupil enrolled have gone up from $46.02 in 1&20 to $132.06 :n 1947, or 175.0 per cent. Since 1920 the population of our country has increased 43 per cent and the investment in school end col lege equipment has increased 571 per tent. Since the beginning of our indus trial and scientific development in the early 1600's, the capitalistic sys tem, due to individual freedom, ini tiative and ingenuity, has given the world more of the comforts and con veniences of life than mankind had received in the previous 5000 years of civilization. Under this system our people as a whole are happy and untied .are in creasing their capital and enjoying a fuller spiritual, cultural and material hfe. Today our scientific and industrial knowledge and experience in the var ious fields of peaceful activity are in this respect we have joined with other like-minded nations in contri buting to the technical assistance program of the United Nations. No Nation, no individual, no ven ture, no private or public institution, no program for the welfare of peo ple can progress without capital.” Well, and what say you to that? If, as a nation, we take stock that is but a part of our inventory. The smiling face, the jovial,- jesting spirit, the indulgent spirit—all that is part of our inventory. And there is some thing else: down at bottom we be lieve in God, in the reality of his pro viding care. We remember that our fathers and mothers have sought the guidance and the compassion of Je hovah. The word capital and the- word capitalist are harsh, but they are harsh because we have let Commun ists and Socialists denounce those words. But you and I are Capital ists. We save a little money and we build or lease a filling station or a garage. A capitalist is a man engaged in business with his own money oi bis own credit. He is a capitalist as much with $500 as he would be with five million. When you buy a home, whether for cash or on time you are a capitalist. Whether you pay down $100 or $10,000 you are a capitalist. So whether you put up your own money or borrow' the money, or buy on credit you are a capitalist. The difference between a Capitalist and a Socialist or Communist is that the Capitalist wants to stand on his "wn feel;—whereas the .SnriaUxt and the Communist want the Government to put up the money, even though that will leave him an underling forever. Textile Employes Most In State, * Boom Continues Columbia. Jan. 15—South Caro lina’s industrial expansion continued to boom during 1950. Industrial wages totaled $360,833,- 894 and industrial emplpyment added up to 172,962 jabs. State Labor Com missioner W. Fred Ponder reported today. His statistics w’ere drawn from an nual reports made to his department by industries in the state. Ponder also said that: Capital invested in South Carolina industry last year reached a total of $775,304,036, the highest on record, and a total that represents a $39,000,- 000 gain over 1949. Industrial wages w’ere $8,000,000 more than paid the previous year. The six leading state industries were textiles, paper and pulp, cloth ing. electrical fertilizer, and barrels, boxes and veneering. The previous year’s ranking was textiles, electrical, paper and pulp, barrels, boxes and veneering, foun dry and machine shops, and clothing. Of the industrial employment, 124,- 556 were in textiles. Clothing em ployed 11,068. The value on the manufactured products amounted to $1,708,383,629, of which textiles accounted for $1,- | 206.433,982. The others were far behind, with second-running paper and pulp pro ducts at $72,238,947. Textiles also have the lion’s share cf investment at $373,447,909, with electrical at $235,194,214. Running a poor third was pulp and paper at $46,819,893. f REQUEST FOR BIDS The Laurens County Board of Commissioners request bids upon the following:—10 700x20 8 ply tires, 20 750x20 10 ply tires, 20 825x20 '10 ply tires, 8 1300x24 12 ply tires. Bides shall be sealed and deposited with the Supervisor on or before the 25th day of January, 1951. Bids shall be opened at 10:30 o’clock on the 6th day of February, 1951 in the ofifice of the County Suo- ervisor. The right is reserved to reject any or all bids. BENENIE B. BLAKELY, Supervisor. CLYDE JONES, Commissioner. WTM. J. HENRY, Commissioner. 18-tc 'To Reflet* Mistnj of MORE PEOPLE ARE READING THE CHRONICLE THAN EVER BEFORE! CALL 74 FOR TOUR PRINTING AND OFFICE SUPPLY NEEDS # n _ MARK OP LUM DURR QUALITY THANKSGIVING FOR HOME COMFORT SHOULD MEAN INSULATION Enjoy cozy, draft-free Comfort. Save up to on fuel bills Johns-Manville INSULATION Will keep your house 15% cooler next summer—easy to install, do the work yourself. Prompt Delivery INQUIRE D. E.TRIBBLE CO. LUMBERand BUILDERS SUPPLIES PHONE 94 SINCE 1894 CLINTON, S.C. HEROINE NEW'51 DONE New In side... New Outside with a Completely New Kind of Ride MEW in more* ways than cars costing up to *1000 more AT A SECRET PREVIEW THESE FAMOUS 1 AMERICANS SAID: «• M' \ 3 H TB> WILLIAMS—*’ When l first tmw .this new 1951 car, its smart look, its new engineering advances nude me put it in the expensive car class,” says Ted Williams, base ball’s great left-handed slugger. • Soon to bo M ON tA«TH," ‘f' roomy and with greater visibility for every passenger,” says Betty Hutton,* famous for her own exu berant way of putting over a song. "And to luxuriously appointed, in side and out!” DALI CAINEOIE-"/ think I know what influences people, and this new car will do it.” ays Dale Carnegie, famous author of “How to Win Friends and Influence People” and “How to Stop Worry ing and Suit Living.” n In Cocll B. DoMilU't "THE GBEATfST SHOW Poramovnt RvUom, Col of py Technicolor Now YOU can see HI The new 1951 car that thrilled hundreds in secret pre views coast-to-coast! Yes, famous Ameri cans and people in aD walks of life- engineers, stylists, architects, mechanics— were excited by its stunning new beauty and host of engineering improvements . . . were amazed that any car offering so much sells for so little! m mtJt— » ’ iii fY#W KKHHy r rflfCfpVWI New Onflow shock absorber system brings you a truly new kind of ride . . . lets you “float ^ down roads that stop other cars. Here’s a mw kind of tmoothnest- over (he same roads that jarred and "hammered” you in the past! Whether it’s dty road or country road-cobble stones or corduroy—wheel* stay on the ground. There’s no wheel hop or bounce! AJ sai m.L* , f ■ v V Wr ww w Ctm vWr W fHOvf ff Jr I Here’s visibility for all passengers through the new wider windshield and deeper, wider panoramic rear window—for greater safety, comfort. Here’s new spaciousness inside to let you ride relaxed, uncrowded. Yet outside, its new beauty is sleek and trim for easier handling and parking. ,Drive Without Shifting! Dodge GYRO-MATIC brings you Ameri ca’s lowest-priced automatic transmission to free you from gear-shifting-with com- plete control of your car under all driving conditions. Sm Ike Mow If51 DoOgo Joovory 20th I You could pay up to U,000 more and still not get all the new beauty and famous dependability of this great new Dodge! 7%e Beautiful New 1951 DODGE ON D/SPLAY JANUARY 20™ COOPER MOTOR COMPANY West Main St. CUnUa, S. C. Phont No. 515 — "