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i Pape Eij;ht THE CLINTON CHRONICLE Thursday, May 22, 1952 Championship P. C. Trackmen I to try an old-fashioned remedy— i THRIFT. This old-fashioned rem edy is producing some phenominal well what happened then! It's Tim* To Be Careful I am not predicting a stock mar- results. It has actually caused a j ket crash. I am iperely warning halt in the inflation epidemic. j that the risk factor of buying stocks The Real Story About Savings , increases as the prices of stocks Through voluntary savings our ‘ advance. This risk is further ac- people more than doubled their j centuated by unstable world condi- ! 1951 savings over 1950, putting bet", tions and the uncertainties of an j ter. than $22 billion into the sOck. ^ election year. It, therefore, might At the same time, consumer debt be wise to take profits and put i held steady for 1951; only 34 per them into savings banks and gov- cent of disposable income after tax- i ernment bonds. This would enable es. and but 32 per cent of savings, j you to set aside a nest egg now so Yet. the same potential to spend that it will be ready for use when was there. prices drop. Whatever you do, save. More people are earning more j The great need for strengthening momy than in any previous post- 1 our national economy today—and through a prescribed procedure may cast their ballots in a special box' prepared for that purpose. The ballots will be ditributed to the various precinct managers af ter the election. The usual provision for voting will be waived for the guardsmen in that it will not be necessary for the chairman to follow the books of the county board of registration. All that will be necessary will be for the guardsman t to present his registration certificate which will be compared with the roll of guardsmen obtained from the ad jutant general. Chairman Wasson said that he would be at the court house on the prescribed date to take the votes. for keeping it strong for years to come—is voluntarily enforced sav ings. Join the parade of savers, to- : war year; incomes are better for 25 1 million families. They could have I gone on a spending spree, but they didn’t. My guess is that they^ day—reven nhough the political out- didn't because the average man has I l 0 °k appears better, lost faith in the politician and his • panacea. He is wondering if H' Guard Is Enabled lean keep afloat if prices go much! higher. So he is beginningto put a !lO Vote While At i little money aside for harder times, j i » — He is less and less inclined to mort- j^Uly CnCOmpmenr . gage his future for a TV set or a A Regular Chronicle Feature MAN IN STREET HAS BIGGEST PART IN STORING INFLATION Bat son Park, Mass., M i\ 16 rna*!. tru street has done as much this year to stop inflation and sta bilise our currency as all the gov ernment regulations put together. J. wonder if the average .American realizes how Vouch he has really helped to curb inflation through restraining his urge to spend and by voluntary saving? He has done a job that ought to make the front pages of every pa per in the country. I say this because only through a program of natur al, voluntary sav ings can America keep strong. Politicians Steal - The Credit Bos«r w. you can be sure in this election year the politicians new car. People everywhere who] Robert C. Wasson, chairman of have good wages ought to continue the County Democratic executive to save as much as they can while | committee, has called attention to the ,going is good. i the fact that the state Democratic How Is The Money Being Saved? executive committee on April 15 Bank accounts and savings bonds | made provision for members of the are still the most popular places to | National Guard to cast absentee save money. This last year the na-j ballots while in field training this rp U , „ , . . j... , ... t ion’s. 529 mutual savings banks re- summer. T "° cl0cfj - fur • rorted an atMirno high in new Jaw-h you have done. They will toil you | n g 3 acc0 unts. with 3 million more that inflation has been slowed to a ( accounts. Despite this exception- standstill by their price and wage ally good year for the banks, there controls, their heavy tax program, is a trend away from the banks, and th,eir tightening of consumer «and a trend away from buying U. crediT T-TJo d’rre uf ~Tis"is' 'going •itr u Sr'Sr r \’ing?-Bonds.- The - number of be stupid enough to deny that an families thaf have become interest- aspirin or a Seltzer may help a ed ' in mutual investment trusts headache. But unless we are eery and other stocks has trebled in the stupid indeed, we realize the as- j last couple of years while the num-1 pirin is only a sedative, not a cure. I ber who have put their savings into A look, at the record since the close I real estate has increased about of the war shows the politician to 80 per cent. be a good hawker of patent cure- • j hope that small investors who alls but a mighty poor diagnostic- are novv buying stocks for the first * an - i time will not be disappointed. The Sometimes after awakening from high prices at which most popular an overdose of drugs, the hang- stocks are now selling are danger 'W- Under (ho regulation adopted by the committee National Guards men who are eligible to vote may appear before their county chair man at their respective county seats July- 2nd and after going over which follows is worse than the pain one first endured. As a result, the American people have lost confidence in the politician’s patent medicines and have decided signals. The small saver, especial ly, should know that at only one point in history (1929-30) were stocks selling higher than they are today and he should remember Dr. Felder Smith Optometrist Laurens, S. C. 126 EAST MAIN STREET South Side Public Square HOURS FOR EYI EXAMINATIONS! 9:00 to 5:30 Weduced*ye 9:00 to 12:30 Phono 794 HERE’S EXTRA PROTECTION FOR YOUR SAVINGS! Savings here are invested in first mortgage loans on homes, U. S. Government Bonds, and other sound assets, under experienced local management. In addition, all accounts are automatically insured to $10,000 by Fed eral Savings and Loan'insurance Corporation , p Worthwhile earnings, paid twice yearly, make your savings grow faster. You can save by mail if you wish. AVINGS {AND LOAN ASSOCIATION Telephone No 6 A Clinton Institution Serving Clinton People Since 1909 Guests are sure of a warm welcome with ice-cold Coke in the refrigerator. Buy it by the carton. ■' 9011110 UNDII AUfMOttVf Of INI COCA-COIA C O M F A N V If GREENWOOD COCA-COLA BOTTLING COMPANY, Greenwood, S. C. - ll — 1 I 1 " ' " — o IMS, Mi COCAOOU COMTAMV