The Clinton chronicle. (Clinton, S.C.) 1901-current, November 15, 1951, Image 1

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I r-* ▼ 41 1 IHE CHROmaE Strives To Be A Clean Newspaper, Complete Newsy and Reliable'* • • ■ ■ ' * _ . '* ♦ ®hf (dltnlnn ©Ifrmtttlf It You Don't Read THE CHRONICLE , You jDon't Get the News Volume IH Clinton, S. C., Thursday, November 15,1951 Number 47 ▲ Regular Chronicle Feature PEOPLE ARE LIVING LONGER; PENSION PROBLEM INVOLVED / By ROGER BAB SON Babson Park, Mass., Nov. 12- In 1850 there were eleven workers under 65 years of age for every person over 65 years old. Gradu ally the number of workers over 65 has increased un til in 1951 there are only five ad ults under 65 that are working for every adult over 65. Projecting this trend to 1960 we B*ger w. B«b*oa fj n( j there will be only about 3 adults for every old ster.. If we project to 2000 A.D., which is only fifty years hence, fantastic conclusions are indicated. The time can come when the idle retired * population will be greater than the young and middle-aged workers who must pay the taxes to support them. Pans ions Kara To Stay The vast majority of people oyer 65 will never own sufficient in come-producing property to live on. Even though practicing thrift all their life long, they can lack the ability to invest advantageous ly and establish financial indepen dence. Hence, most aged citizens must rely on their children or on pensions. Many persons think the problem of the aged can be disposed of by voting in favor of whatever pen sions are demanded; but this is only like pulling yourself up by your “boot straps”. Distribution of vast sums of money by the Govern ment to any group, whether old sters, veterans, or farmers, mean making it harder for the other groups, unless offset by a corres ponding increase in the production of goods and services. Oldsters Politically Powerful The oldsters are becoming a for midable political pressure group. They have made California a pen sioner’s paradise. Political propos als on behalf of older citizens are often foolishly supported ^ by mem bers of the younger generation. They welcome the opportunity to shift to the state the financial bur den of supporting aged parents. What will happen when the old sters, teamed up with their friends, account for a greater percentage of the national electorate? Will they vote themselves preposterous ly generous incomes from the ed- eral treasury? This would be high ly inflationary because it would put the nation completely out of line with the nation’s productivi ty- Medical Progress Aggravates Old-Age Problem The modern American trend to ward birth control is a large factor in bringing about an alarmingly high percentage of oldsters in the population. Yet, turning the clock backward on this trend might cause our population to expand be yond the ability of the land to sup port it Some have suggested that medical science will eventually solve the problem by discovering how to preserve full powers of body and mind until 85, thus de ferring the average age of retire ment by ten or twenty years. To me this seems to miss the point completely. The problem is concerned not with the age of retirement, but with the length of life after retire ment. If science succeeds in adult vigor to 85 or more, it is quite likely that it will also succeed in stretching considerably the period of declining vigor and senility, bringing the problem right back where we started. From the hu manitarian point of view, progress in medical science is desirable, but from the economic point of view it is dangerous. Capitalism Needs No Gas Chambers In 3?ite of all the discouraging aspects of the problem of our re tired citizens, American industry, operating as a free capitalistic en terprise, can produce plenty for the MIDWAY Drive-In Theatre NEWEST AND FINEST CLINTON — JOANNA 3 All Star Cast THURSDAY NOVEMBER 15 SECRETS OF A MODEL ADULTS ONLY aged without lowering the standard of living of the productive workers and their families. Pensions and other benefits can be expanded slowly enough to prevent shock to the nation’s economy. No lethal chambers for excess senile popu lation need ever be necessary. In a free capitalistic society pro ductivity per worker can be mul tiplied indefinitely. It is amazing how many labor-saving machines and labor-saving methods of dis tribution can be devised when needed. The solution lies with ytung workers using improved machines and methods and pro ducing not only abundance of goods for themselves and their children, but also an abundance for the leisure class of retired old sters. One thing more—even more than economic security oldsters need the respect and sympathy of their descendants. Old people hun ger for a «hare in the social and spiritual life of the young, even more than for a share in the wealth. WE DO ALL KINDS OF PRINTING —EXCEPT BAD CHRONICLE PUBLISHING CO. Phone 74 Six-Inch Sermon By REV. ROBERT H. HARPER JACOB RECEIVES THE PROMISE Genesis 28: 10-22 Memory Selection: 28:15 After Jacob had deceived his father and secured the blessing 1 Isaac would have given Esau he! fled for his life because of the plan! of Esau to kill him. And he went out from Beersheba toward Haran to seek refuge among his mother’s kinsmen there. As the fugitive journeyed, he spent a night at Bethel. And as he slumbered there, he dreamed a heavenly dream. He saw a ladder set up on the earth, and the top of it, ascending and descending, were it reached -unto heaven. And on the angels, and above it was God himself, who promised Jacob to be with him, give him the land on which he lay, and make of him a great nation trough whom all fam ilies of the earth should be blessed. When Jacob arose, he said ‘‘Sure ly this is none other but the house of God and this is the gate of heav en.” And he took the stone which had been under his head for a pil low, and he set it up for a pillar and poured oil upon it as an of fering unto God. And he vowed that if God would keep him in the way he should go and bring him in peace again to his father’s house he would give the tenth un to God. Thus beside the bright ladder of prayer Jacob lifted the pillar of sacrifice. Aqd thus early we learn to be faithful tithers. yes, in the history of men was tenth re- he should return unto God. So may garded as the part of his income more; let us learn to be good ste®:^ ards of all we possess. SIHSCRIBE TO THE CHRONICLE “The Paper Everybody Reads" LIONEL Trains and Accessories ij Yarborough Oil Go. jl “Your Goodyear Tire Store” PLENTY OF FREE PARKING SPACE FRIDAY-SATURDAY NOVEMBER 16-17 YOU’RE IN THE NAVY NOW Gary Cooper and Jane Greer “NEW ADVENTURES OF TARZAN” Last Chapter MONDAY-TUESDAY NOVEMBER 19-20 SEPTEMBER AFFAIR Joan Fontain and Joseph Gotten CARTOON WEDNESDAY-THURSDAY NOVEMBER 21-22 MY FRIEND IRMA John Lund and Marie Wilson CARTOON —— Wednesday Night Only—Wahoo Jackpot Now $125.00 ADMISSION 40c Children under 12 admitted FREE First Show Starts at Dusk—Second Show at 10 PJL * V- C/ene /IndeMonb. at 9 A. M. PRE-HOLIDAY SALE! First Quality NYLON HOSE 51 gauge — 15 denier Reg. 1.39 1.00 o Newest fall shades o Sizes to lOMs Sole! CREPE SUPS Reg. 3.98 2.98 # Multi-filament crepe o White and colors o Sizes 32 to 40 New Fall Reduced Dresses Reg. 5.95 4.00 Reg. to 7.95 45.00 Reg. to 8.95 6.00 Reg. to 10.95 7.00 Reg. to 14.95 9.00 Reg. to 17.95 12.00 Reg .to 25.00 + 15.00 Woman's Rayon Suits Reg. to 22.95 12.00 • Solids and checks ’ • Ideal for all year-round Women's , Crepe BLOUSES reg. to 4.98 2.98 • Slightly irregular • White and colors • Sizes 32 to 38 New Fall Handbags Reg. 2.98 2.69 Plus Tax - • Failles, suedes and calfs • Black, brown, red, navy 100% Wool UN-TRIMMED COATS Reg. to 39.95 ^ 29.00 Reg. to 29.95 24.00 Reg. to 49.95 39.00 Regular sizes: 10-20 Junior sizes: 7-17 Non-Run Rayon Panties -Reg. 59c. 2 pairs for 1.00 • White , • Brief style • Sizes 6, 7 and 8 New Shipment! Gabardine RAINCOATS 22.95 • Plume, green, black, b-own • Sizes 8 to 20 Gene Mnderson IS “Quality Costs No More"