The Clinton chronicle. (Clinton, S.C.) 1901-current, June 14, 1951, Image 9
I
THE CHRONICLE
Strives To Be A Cleon
Newspaper, Complete
Newsy and Reliable
®hp (Minton (tthronirle
Volume LI I
Clinton, S. C., Thursday, June 14, 1951
If You Don't Read
THE CHRONICLE
You Don't Get the Newi
Number 25
A Regular Chronicle Feature
Prices Not Likely To Be
Reduced Much, Babson Says
Dollar Worth Less and
You'll Have To Pay
More, He Thinks.
New York City, June 12.—What
is the outlook for prices of foods,
clothing and rent for the balance
of this year? The scare buying is
over. Installment sales are on the
decline. Does this mean that the
prices of all the things you buy
will tumble?
Govamment Price Fixing
The Federal attempts to lower
prices is largely a political ges
ture. Very few
high-quality goods
but he can’t do this next year. He
must print money or bends to help
pay for the military expenditures.
Paper dollars are little different
from paper dolls or any other com
modity. As the supply increases
above normal, the price does down
dropped in price; dollar bills will
tumble again soon. <
Many readers of my column send
me charts and figures showing how
prices have temporarily been con
trolled in‘the past, but they forget
we are now living in an entirely
new economic age. During his ad
ministration, President Roosevelt
destroyed the Gold Basis for our
dollar bills. This Gold Basis pre
vented prices from going too high.
Now the only thing that can pre-
tions of Ferguson and Florida streets
on the east side of the street. Aider-
man McMillan moved that the peti
tions be held on file until the street
work has been completed. Motion
seconded by Alderman Ray and
unanimously passed.
Alderman Ray moved that one po
liceman be designated to work the
parking meters exclusively during
the hours the meters are to be en
forced and suggested that the posi
tion be offered to Policeman Jobe D.
Holland, with Officer L. H. Bagwell
as relief man. Motion seconded by
Alderman Craine and unanimously
passed.
Six-Inch Sermon
By REV. ROBERT H. HARPER
THE SPREAD OF THE GOSPEL
Lasson for Juna 17: Acts 1: 8; 4:
5-11: 18: 15-16; 30, 31
Memory Safaction: Acts 1:8
The first verse of the lesson text
points to the transcendant event,
record
disciple who had thrice denied his
Lord boldly declared Christ, and
he charged the rulers and elders
with the crucifixion of Jesus.
A number of years had passed
after Peter and John appeared be
fore their accusers and the gospel
had spread far and wide. Paul was
entering Rome as a prisoner for
his Lord. Nevertheless he thanked
God as he entered the wicked city,
and took courage. For two years
the record of which forms the
mighty prologue of the Acts of the | he dwelt in his own hired house,
Apostles. Through the gifts of the guarded by a Roman soldier. But
Holy Spirit the disciples were pre-.jhe was allowed to receive all who
pared for their great mission in the desired to see him, and he preached
world. | unto them the kingdom of God and
vintinn vw In the second passage we read of ( taught the things that concerned
hv the power of preaching Christ.’the Lord Jesus Christ. So may we
netitmn for anH I Peter and John had spoken with> be ever mindful of opportunities
KrL.tK non \ g i such effect that many believed on that come to us to help spread the
will sell for less
for some time. The j vent prices, wages, real estate, etc.
only way prices' from staying up is either “a reduc-
will now be low
ered is by reduc-
i ng quality o r
forcing unemploy
ment. As long • as
full employment
exists, prices will
continue to d e-
pend—not on Washington rulings
but oi? supply and demand. If
American families go back to hav
ing a good beef roast only on Sun
days, then the price of beef will
decline. If, on the other hand, they
decide to have a roast twice a
week, then the price will remain
high.
Here in New York City is the
great central market for men’s and
women’s clothing. Upon inquiries
today I learn that the prices which
you see in the windows and adver
tisements may be kept down, but
the quality will not be good. If
you want good quality suits or
dresses you must pay more. This
does not mean that the manufac
turer of the brand you have always
bought has marked up his goods,
but that his old best-quality goods
are no longer available Hence, to
get good quality you must buy a
brand which hal always cost more.
This applies to almost everything—
clothing, furniture .and canned
goods.
What About Wag**?
The “take home” wages are de
termined by supply and demand.
Labor Unions can make manufac
turers pay more wages, but they
st rf‘ *> e a £ pr< T d - .'TI Christ. This disturbed the Saddu-
surfacing to be done by the state; who denied the resurrection
highway department. Motion unam- o( , he dead and the lw0 apost ,„
mously passed. were summoned before the rulers
Alderman McMillan moved that j and the elders in the expectation
the City cooperate with the Chamber of intimidating them. Then the
of Commerce in securing the services i
of Ben H. Hanffnett to help with pub- $12 50 The motion P assed *>7 a vote
gospel farther in our time.
licity for the City in newspapers, the
City to pay $12.50 per month ^nd
of 3 to 2, Aldermen Ray, McMillan
and Craine voting for it, Alderman.
tion in the supply or printing press
money,” or a business bust. Surely
the price of gold will again be
marked up. f
Shall You Buy Now?
Don’t buy now for hoarding.
Prices will not skyrocket. There
will continue to be enough neces
sary goods. On the other hand,
don’t wait for lower prices on goods
you really need. Buy naturally;
save naturally; and live naturally.
Be neither hoarder nor a specula
tor; be neither a scrimper nor a
waster; be a God-fearing, sensible
citizen and insist upon quality evj
en if you must buy less.
Merchants Must
Have Sales Tax
Blanks By July 1
The State Tax Commission said
it will be geared to collect the es
timated $30,000,000 a year from the
tax by July 1, the date the tax goes
into effect. •
Applications for sales tax licen
ses are being sent to between 40,-
000 and 50,000 merchants, the com
mission said. Applications for mer
chants coming under the property
tax inventory law have already
been mailed out.
Under the sales tax law passed
^ _ this year by the legsilature, mer-
cannot 'make the public buy more j chants will collect the new levy,
merchandise. The bureaucrats at Payment to the tax commision will
Washington can set a “fair” hour-j be made the'BOth of each month
ly wage, but they cannot assure j for the preceding month,
work to the Union members. Thej The commission said every per-
“take home” pay is the product of son or company which sells tan-
the hourly wage multiplied by thelgible personal property or goods at
number of hours worked. I believe | retail must collect the tax and se-
this will hold up for some time-cure a license.
but it must decline before prices 1 It said this will hit most whole
salers and jobbers since most of
them sell some goods at retail even
though at cost to employees.
the Chamber of Commerce to pay and Craine opposed it.
DR. L. B. MARION
NATl'ROPATH
Res. Phone 939
LAWN MOWER
PRECISION *
SHARPENING
DONE BY EXPERTS
Can 184-R
Cox
Seed Cleaners
E. Florida St.
SUBSCRIBE TO THE CHRONICLE
‘The Paper Everybody Reads’’
of food, clothing and shelter will
tumble.
Yet. we must remember that on
ly 25% of our workers are now
unionized. The great mass are still
free to work where they wish, as
they wish and for what they wish.
These are the true Americans, in
my humble judgment. These will
supply the foremen, managers and
future employers of our great
growing country. If you always
want to work for someone else,
The sales tax will apply to vir
tually all goods purchased at re
tail. But a number of commodities
used by farmers such as seed, feed
and fertilizer are exempt as well
as some other goods. The tax will
not apply to services.
The levy will begin on purchases
of 11 cents or more. It has a grad
uated ceiling ranging up to $75 on
then join a union. If, however, you i a Purchase of $3,0Q0 or more,
want to be a free man and climb to fi merchant has returned >
the top of some business, don’t be ” 1S . application, he will be
tied to Union rules.
Dollar* Are Worth Less
Another reason why the govern
ment now reduce prices is because}
assigned an account number and
a window sticker which must be
displayed in the front of his shop.
License fees are graduated ac-
the dollar will be worth less next : cording to the number of stores a
year. Just now President Truman 1 s in t>l e individual firm owns. The
is balancing the nation’s budget; * ee f° r a merchant owning one
store is $5. The fee for a second
store would be $10. The scale goes
up to $150 for the COth store or
more.
Retail merchants who purchase a
license for 1951 under the old law
will not be charged for the sales
tax license for this year.
The commission said agents will
be sent over the state to see that
merchant? have secured their li
censes. It pointed out that mer
chants will receive three per cent
of the tax collection if the return
is filed on time.
WHAT HAVE YOU
F0RG0TTEH?
I
It’* ten to one you have
bought a new washer,
television set, range or
other furniture or fur
nishing* in the last year
or two. But have you in
creased your Fire Insur
ance? If not, better see
us btfort it’s too latt.
S. W. Sumerel
AETNA-IZER
Jacob* Bldg.
Tele. 80
avnmiii itsniitrtilMiv
City Council Holds
Monthly Mooting
The regular meeting of City Coun
cil was held Monday night with May
or Joe P. Terry presiding and Aider-
men Ray, Pitts, McMillan, Wilson
and Craine present.
Mayor Terry reported that a new
street sweeper had been purchased
and it would be delivered sometime
within the next sixty days.
The clerk read a statement of in
come and expenses for the month of
May, which was received as infor
mation.
Alderman Pitts presented a peti
tion for sidewalk on Florida street
between Musgrove and the intersec
tion with Clay street, also on North
Adair street between the intersec-
ene
i ajj Clinton, S. Q.
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