Historical Newspapers of South Carolina

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V f V A l r ' Thursday, December 20, 1951 THE CLINTON CHRONICLE Page Seven A Regular Chronicle Feature f Babson Gives His Review Of The US During 1951 By ROGER BABSON Babson Park, Mass., Dec. 14. (1) 1 ' The world situation today is much like the Cold War which existed in the U. S. between the North and South during the 1850’s. The basic. * conflict in both periods was, and is, a conflict between those who "have-not” and those who “have.” - The difference is that the airplane, radio, etc., have made the 1951 con flict world-wide, instead of local. Without revolution in Russia, World War III will some time be inevitable. This winter will be es pecially critical. If, however, Rus sia does not strike within six months, there should be no World War III for some years. (2) PREPAREDNESS. Our Gov ernment’s 1951 policy of appropri- ‘♦ating huge expenditures for mili tary preparedness is sound. In ad dition, however, those living in iSrge cities should own a small house with a few acres of land at least sixty miles away. Moreover, everyone should [build up character, health, and education as the best security in case of World War III. (3) THE , NEW INDUSTRY: Heretofore, our war preparations have been “on and off” affairs; but k our 1951 Military Preparedness ‘Plans will develop into a perma nent new industry. Manufacturers have been wise during 1951 in tak ing on some of this new type of business without neglecting their regular business. (4) OTHER NEW PRODUCTS: Important inventions, revolutionary processes, and wonderful new products were developed in re search laboratories during 1951. Manufacturers, retailers and con sumers have been wise in keeping inventories low and avoiding pur chases of goods soon to become ob solete. (5) NEW HOUSES: 1951 wit nessed a decline in sales of NEW houses. Too many were hastily “* built, on too small lots, and have poor locations. The best “buys” in 1951 were well built “near-in” oid houses in which modem stream lined kitchens and bathrooms were installed. These imrovements, with new paint and paper, have pro duced wonders. (6) RAILROADS: Transcontinen tal railroads and the southwestern roads acted well during 1951; but the New York Central, and certain Midwestern lines may be headed for bankruptcy. The only eastern roads which interested me in 1951 were the three Gravity Roads, the Norfolk & Western, the Vir ginian Railway, and the Chesapeake & Ohio. (7) THE OILS: Most of the oil stocks during 1951 had tremendous rises. The wise investor took prof its on at least one-half of his oils. McCarthyism will soon campaign for cheaper oils, just as Roosevclt- ism-fought for lower electric rates. Remember what happened to the electric power stocks during that campaign? (8) LABOR UNIONS: I belive in labor unions; but their 1951 actions suggest they will bring about the next business depression. Yet, should we blame the labor LEAD ERS? They are pressed by the un- % ion MEMBERS who are egged on by their wives made discontented by tempting 1951 advertising. The more effective such advertising be comes, the more certain another de pression will come. (9) STOCKS TO BUY: There were many good “buys” for income during 1951 in stqcks of chain stores and other companies which do cash business. Those who want profits, however, have built up bank accounts for purchases when stocks are 100 points lower. Bus iness volume has held-up weJJ dur ing 1951, but most stock prices during the past quarter have lost about 10%. (10) DIVERSIFICATION: Diver sification was practical during 1951. Those too lazy to diversify bought Investment Trust Shares or stocks of Fire Insurance Companies which combine an Active Business with an Investment Trust. (11) INFLATION: Inflation has existed during 1951 and will con tinue to go on. The business cycle, however, will likewise always re volve and fortunes will continue to be made by those who have the PATIENCE to store up cash in times like these, and the COUR AGE to buy stocks later when no one will want them. Fortunes come from Patience, Courage and Su pervision. (12) RELIGION: During 1951 there have been signs of a return to the. Church, which is the only hope for individual or international peace. A Hymn Is Born By CLINT BONNER Neither Poet Nor Composer Knew He Was Writing A Christmas Carol. Of the status in Westminster Ab- I bey one is of Isaac Watts—frail, I sickly, gentle - mannered literary , genius of the early r8th century. | Another is of George Frederick ' Handel—massive, robust and hot- tempered master of the keyboard and opera. Both men lived in Lon don; both knew each other. But | neither suspected that their tal ents would be combined to produce ! one of the greatest Christmas car- i los. It was in 1718 that pock-marked five-foot Isaac Watts wrote a hymn based on the 98th Psalm. He was 45 years old and had written, among 600 other notable hymns “Alas, And Did My Saviour Bleed.” “O God, Our Help in Ages Past” and “When I Survey the Wondrous Cross.” But the little bachelor’s health had broken when he was preaching at London’s Mark Lane Church and Lord Mayor Abdney carried him out to his estate for a week’s rest. That was in 1712 and he was still there seven years later writing children’s verse, hymns and books on a dozen subjects. Twenty-two years after Watts wrote his hymn on the 98th Psalm and published it in his “Fsaltns of I David Imitated’*' a Big fat theatrical ! producer knelt in prayer in another part of London. He 1 was George Frederick Handel and he had writ ten some of the world’s greatest operas. As a boy in Germany Han del had persuaded his father to let him study music instead of law and wound up playing a church organ in England. And when George Han del later cast his talents with the theatre he carried his religious training with him. At 56 Handel wanton to do something really bjjg. And he did. In 1741 he workeSHmd prayed almost continuously for 23 days and nights and came up with his immortal “The Messiah.” It was such a masterpiece that for two centuries the piece has been drawn on as the basis for numerous compositions. Little Isaac Watts died on the Abdney, Estates in 1T48 after his visit of “a week” lasted 36 years. He was buried in Bunhill Fields but a statue of him was placed in Westminster Abbey. Eleven years later Big George Handel was laid to rest in the Poet’s Corner of The Abbey where a statue stands to the memory of the theatrical genius who never forgot God. It; was in 1836 that Boston’s choir directcjs-composer* Lowell Mason rearranged a portion of Handel’s “Messiah” to fit the hymn Isaac Watts wrote in 1719. And so, while the big statue and the little statue stand in Westminster Abbey as mute reminders of two geniuses in their respective fields, tribute is paid both every Christmas to the j resounding echoes of . Joy to the world the Lord is come; Let earth receive her King | Let every heart prepare Him room And heaven and nature sing. \ ; Joy to the world! the Savior reigns; i Let men their songs employ; While fields and floods, rocks, hills and plains Repeat the sounding joy. No more let sins and sorrows grow Nor thorns infest the ground He comes to make His blessings flow I For as the curse is found. He rules the world with truth and grace. And makes the nations prove The glories of His righteousness And wonders of His love. THE PROMISE FULFILLED IN CHRIST (Christmas) Lesson for December 23: Luke 1: 45-55: 2: 1-7. Memory Selection: Isaiah 9: 6-7. I A part of the text is taken from the Magnificat which was sung by Mary in the home of Elisabeth, jwhom she had gone to visit, Elisa- ibeth was soon to become the mother ;ol John the Baptist. She and Mary I had a sympathetic and understand- |ing association during the three I months in which Mary abode with ! Elisabeth. In the Magnificat, Mary rejoiced 'that, though the rich and the mighty 'had been passed by, the. Lord had looked upon the low estate of the lowly and had initiated a ministry of love to all the poor and downtrod den of earth. Near Mary’s expected time, the decree of Augustus Caesar drew Joseph, who ‘was of the house and lineage of David, to Bethleheni. And there, in a stable, the long-promised Messiah was born, and wrapped in swaddling clothes and laid in a man- •ger. The events of the first Christmas should be familiar to all.* Think now of the meaning of Christmas. Should 1 it be only a time of huge feasting and merrymaking? Only a great oppor tunity for stores, hotels, and trans portation systems? No. The blessed season is a time, not primarily for our enjoyment, but one of pleasure to the Lord. For it is his birthday! that we are to celebrate. Let our; hearts be filled with gratitude to ! God for his great Gift, and let us| adore Jesus and dedicate our hearts; tc him anew. AVOID-THE CHRISTMAS RUSH ON LONG DISTANCE ■r* 1 MERRY CHRISTMAS mnJ tuBi wmAm for (A. Nate Year THE TELEPHONE FOLKS Make Your Calls Early! LONG DISTANCE telephone line# will b$ crowded on Eve and Christmas Day in spite of the many new circuits we’ve added. Many soldiers will be calling home. Well be oo the job doing our best to put all calls through but there willhe delays. You’ll get faster service if you make your calls before Christmas Eve or after Christmas Day. Whenever you call, you save time when you call by number. i Southern Bell Telephone and Telegraph Company McGees Drug Store j P It has been a pleasure to serve you during the year just coming to a close and we look forward to another twelve months of these pleasant associations. MERRY CHRISTMAS - HAPPY NEW YEAR Yarborough Oil Company \ Goodyear Store — West Main Street