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Thanfer. SrptrinWr 20. 1951 THE CLINTON CHRONICLE Pafa Tiro# I Is there such a thing as “War- prosperity?” Well, people think so; at least we “handle more mon ey,” don’t we? I’ve just seen a statement by one of the experts, yere’s what tlf says: “Our whole experience shows that much that is said and believed on the subject of ‘excess profits from war orders’ is pure fiction— and no segment of our economy realizes this better than business itself. Records show that business generally, including the so-called war industries, enjoyes wider prof it margins in peacetime than it can ever expect to make in war time or emergency rearmament. During 1941 to 1945, inclusive, the average profit on sales of all manufacturing corporations pub lishing reports was 4.3 per cent; in 1936-40 the comparable figure was 6.6 per cent; and in 1946-50 it was 7.0 per cent. What no doubt gives many peo ple an illusion of profit and pros perity in time of war and heavy rearmament is the inflation that goes along with it They should remember that sooner or later the penalty is fiscal monetary, politi cal and social disorder and disrup tion of production, price and trade relations has to be paid. In 1914 a man earning $60,000 kept after Federal income taxes, 96 cents of his top bracket dol lar. In 1946 he could keep only 36 cents. And under the bUl now before Congress he may keep on ly 55 cents. There ts no profit in war.” Tom Lander of Georgia, is up- in-arms frequently, In fact there is occasion for someone to speak in loud tones and in emphatic Our friend Lander has rthing to talk about when he proves that the Government which lovee us so tenderly has flim flam- mod us much of the time This country needs more Tom Linders. Our late Senator •poke at length in the A t the Senate what he ~ti v Tm 6 la the situation” Well Tom Linder' gets down tq cases. He tells usj that our Government compelled all American citizens to “turn in" their gold and paid $20 an ounce for it while the same Govern ment paid foreigners $35. And Mr. Linder has been telling us for some months that our Govern- met put a ceiling price of 45 cents on American cotton while fbreign cotton was selling for much more in world markets, in world compe tition. I have before me a report from Paine, Webber, Jackson and Cur tis, cotton men of New York Bos-j ton and Chicago, showing that on ( August 17th Brazilian cotton was nearly 52 cents a pound, or 14.70 cents above the price' of our cot ton on that day, and six cents Southern Bell To Corry Cose To Supreme Court Columbia, Sept. .17—Official* of the Southern Bell Telephone and Telegraph company announced last week that the compahy will carry its twice-denied petition for higher rates to the supreme court. Earlier in the week. Circuit Judge G Duncan Bellinger upheld an order of the public service com mission denying the petition for higher rates, which would have in state exchanges by $1,600,000. This creased rates and charges of its 64 decision will be appealed. The increased rates went into ef fect in September, 1950, under * $2,000,000 surety bond guarantee ing refunds in the event the new rates were finally denied. during ideals of our founders and repudiating the blatant presump tion of mere dollar-pcwer. ^ If it’s Nerves, See Your 1 | Chiropractor | | DR. C. J. HART . _ 254 Wasi Main Straet 1 LAURENS. S. C. J down on American cotton by ourj Government. The report was sent to me by a leading Southern cotton manufac turer. I think our Government is soi busy meddling with the affairs of| Europe and Asia that it hasn’tj time to consdier America. We are all upset about the oil problem in Iran and what may happen to Britain; and we finance with bil lions all sorts of regimes all over the world, and our tea-cup and spoon specialists are gravely con- ( cemed about so much poverty in what is under their feet. Some measure of consideration we owe I the world that they are blind to the people of other countries, but charity is an individual quality, | not the province of governments spending the income of their own taxpayers. We have been talked i and preas-agented, and ballyhooed and cajoled, admonished, warned, threatened, and terrified into an at- { titude of acceptance of moat of the fantastic imagining of theorists who think of America as the fabu lous land which, under their guid ance. shall lead the peoples of all nations and Himes into the Prom ised Land; and that then they shall be the itedtrs of men In all this world Utpoia. We have not yet made of our country the Garden of Eden, we have for to go. although we have made great progress We fast becoming graes material- we think of America as the t nation of billions and the fclURlPii _* at tittle for for solid at- NOW AVAILABLE — AT — JOE’S ESSO THE FAMOIS Clarite Battery . . . nith a 3-tenr guarantee. f»r*t unconditional. Doe* not hate lo be recharged an it recharge* Unelf. The new Clarite Eiectrol>te enable* (hi* battery to recharge itself from renene capacity. Repeated, rapid rfcotery ha* been proven in utie by pawtenger car*. bu»e*. truck*, police car*, taxi*, etc. Clarite Batteries carry a 3-vear guarantee. In normal service, the life expectancy of a Clarite Battery in sev eral year* beyond the 3-year guarantee period. For *urer starting and longer life—buy CLARITE. JOE’S ESSO PHONE 128 CLINTON. S. C. WELCOME, CUNTON and Laurens County Folks to the 6th Annual 6 Counties PIEDMONT INTERSTATE FAIR! 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