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- / A i / A t -- ii i' i J' H THE CHRONICLE . Strives To Be A Cleon Newspaper, Complete Newsy and Reliable m If You Don't Read THE CHRONICLE You Don't Get the News Volume LII Clinton, S. C., Thursday, July 19, 1951 Number 30 BABSON THINKS WOMEN CAN BRING COST OF LIVING DOWN * j » v> Inflation Ruinous and No One Gains From Soaring Prices. By ROGER BABSON Babson Park, Mass., July 17.— The housewife complains that food prices are too high. Her budget is showing—in the red. No wonder! Only during the last twelve months consumer prices for moderate in come families have risen approx imately 8.3*4. Food prices have climb ed 11%, clothing 10%, and rents 3%. Higher and high- w. b«Wmb er prices are en dangering the living standards of inillions of moderate income, mid dle-class families. The record shows that their food prices have in creased 105% in the last decade— apparel 05%, rents 30%, house fur nishings 100%, and such miscellan- ous items as recreation, toilet arti cles, dry cleaning, and doctors’ bills 60%. The earnings of this group just haven’t kept pace with prices. This unfortunate situation es pecially hurts that large segment of professional and white-collar workers. These feel the squeeze he can get more for his products. Sooner or later his employees want more and more of his profits to pay the grocer’s bill, and either he pays or their standard of living goes down. The worker, at the out- hopes of higher wages, but both set, enjoys inflation because of his employer and employee lose in the long run. They find the price of the new car they want or the supper steak has ;one up. What We Need To Do In short, we have been kidding ourselves into thinking that we can gain more in an inflated seller’s market than we can lose in a de flated buyer’s market. The history of Germany, Italy, France, Great Britain, and Russia clearly indi cates that unbridled inflation un- Lightning Safety Hints Listed Bv County Agent Lightning is one of the major causes of farm fires, according to County Agent C. B. Cannon. He says it has been estimated that in the United States lightning each year destroys approximately $20, 000,000 worth of farm property, takes the lives of 500 people, and injures 1300 others. These estimates indicate that farm and rural districts suffer 90 per cent of the damage each year by this fiery menace from the sky Mr. Cannon suggests that farm owners see that their principal buildings are protected by an ap proved lightning rod system and that they check the ground conduc tors frequently and be sure they ing or other building which is pro tected against lightning; large un protected building; or small unpro tected building. “If unavoidably out-of-doors, peo ple should keep away from isolat ed trees, wire fences, hill-tops, and wide open spaces, and small sheds and shelters in exposed locations. Efforts should be made to reach thick timber, a cove^ o depression in the “ground, a deep valley or can yon, or the vicinity of a steep cliff, if any of these is near by, accord ing to the council,’’ he concludes. It’s fine to tell how you caught ’em tr dermines private enterprise, causes 1 are deep enough to be in contact people out of work. | w jth mo ist earth continuously. I may be old-fashioned, but years t “Certain precautions are recom of experience tell me that you won’t ever remove the housewife’s burden by rationing or allocations or price or wage controls. These current stop-gap measures, in the long run, will deprive you of your economic liberties. The way to lower prices is to balance the na tional budget, raise interest rates, increase legal reserve ratios, curb installment buying, and aspacially increase production with lower costs. Up To The Women If a large enough group of de- mended by the National Safety Council to be followed as a means of safety when an electric storm approaches,” he states. “The coun cil advises that it is best not to go outdoors or remain out during thunderstorms unless it is neces sary. “The council suggests that if there is a choice of shelter it should be chosen in the following order: Large metal frame building; dwell- r i termined housewives decide to most — doctors, lawyers, teachers, | bring prices down, they can! My clergy, civic leaders, accountants, suggestion to the housewives is toi office workers — and others with, band together and work together | fixed incomes and pensions. In a Bring your group influence to bear very real sense many of these day in and day out, not only on workers of our communities are your congressman but also upon the people who create ideas, those manufacturers and labor leaders. I. most interested in moral and spir-1 f° r on ®. do not want to contest the itual values. TTiese men and their P°'^5 r °f woman! wives are the forgoten people of (These opinions^of W. Bab- today. For the good of our coun- *on are publishdaon The Chronicle try, they need to be remembered, every Thuoday.) Inflation And Simple Economics Ever since the depression of the COMMERCIAL PRINTING thirties we have been scared to- IBS - I death of Deflation. Everyone has aatton Newspaper-Commercial Priai- If It’s Nerves, See Your Chiropractor 1 DR. C. I. HART ! 254 West Main Street 1 ^ LAURENS. S. C. j wanted economic security. For the farmers this has meant price-sup port and subsidies Labor leaders hare eaeemraged price nees in or- a der to give the unions good ammu nition for wage rises. Business, in turn has sanctioned wage increases and then encouraged inflation to pay the worker. The unjust part of high prices is that they suck the life from the public for the benefit of_ the jpriv: ileged few. The manufacturer an ticipates enjoying inflation because FOR MEN IN SERVICE tar pleat can reel la to give oar ef serrire they FOR CHIUS a FEVER O OK lO MALARIA ODD QUININE 0*0 BUT your party-line neighbor may be waiting What a temptation it is at times to tell that story the “long way“! But a little friendly consideration for party-line neighbors goes a long way, too. Follow these four easy steps to party-line harmony: • Share the line freely with others e Release the line in an emergency e Answer your telephone promptly • Give called party time to answer SOUTHERN BILL TELEPHONE AND TELEGRAPH COMPANY X THt Glfl Even its price makes eyes STOP, LOOK and GLISTEN LOO*. XT TBtSt local DOJVEMB) PB1CES! ftuick SftClM *-r«*»***t« r MODEL 48D 1.15 twkk SUf«« *-0— Suick. SOeOMAiTi® I-D***, Siviaro a-r «r»Wr« MODEL 52 MODEL 74* $2421 92 *3102°° •MMOMt- ma, *+*> * ^ ' i notice. P ardon us if we play switch man with a familiar railroad phrase, but we aim to flag down some certain people ... Those folks whoVe always had a great big yen for a new Buick, but a big worry that Buick prices ran too high for their budgets. Now we’ll have to grant you that —on sty le and beauty and size and impressive appearance — a 1951 Buick looks like a pretty high price tag. And we’ll have to grant, too, that the zooming power and the luxu rious ride and the heavyweight steadiness you get in a Buick would also indicate prices beyond the reach of most people. But honestly, could anything be farther from the truth when you note the sample prices for 1951 Buicks in the panel yonder? Wh«n Isn’t that beauty —with the big-power, big-mileage, eight- cylinder, valve-in-head Fireball Engine-and with prices starting below those of many of today's sixes—really within your budget picture? Won’t you admit here and now that you can have Buick room and comfort, can have Buick ride and handling, can have Buick style and size—for little, if any, more than you’ve been paying for lesser cars? That leaves the next step up to you—stopping in to see us. Come in soon, look over the Special, Super or Roadmaster you’ve always wanted — and let that happy glow go surging all through you as you sign up for your smart-buy Buick. •neMMrwa. rr,m and modala an tubjatt is ekmn^a miiAtmt natu*. (js. /rt 4 H01 BAIL iBG/Mt W < ll 1 '—-..srl irfv to CKA7EB VAiL* in HfNRY I TAYLOR ABC Natwwk avary Monday ava^ing. *' LAURENS MOTOR COMPANY Zarick Street Laurens, S. C. A CtfMT VO OOOTR UAOMWA