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\ \ The Chronide Strives To Be A Clean News paper, Complete, Newsy and Reliable If You Don’t Read The Chronicle You Don’t Get the News s Volume LI 11 Clinton, S. C, Thursday, October 16, 1952 Number 42 A Regular Chronicle Feature MAKING MONEY WRONG, SOME PEOPLE APPARENTLY BELIEVE Excess Taxes Hurt Worker As Well As Business Firms. Babson Park, Mass., Oct. 10.—It strikes me that a lot of people have some queer notions about business and profits. They don’t say so right out, but they imply that there is something wrong about making money. It ought to be evident to everyone that business must pros per .before anyone can profit from it.. How Much Profit? Surveys reveal that the average person has an entirely erroneous impression of company profits. For example, a re cent sample study indicated that ov er 50of the people think that company p r o f- where from 10c to 40c on the sales dollar; and 25% think that profits are over 40c on the dollar; where as the actual take, sampling of com Roger W. Babion according to a ; der 10c on the dollar. On the theory that large prof its are not a good thing, our brain- trusters in the government enacted an “excess profits” tax. The aver age worker’s attitude toward such taxes has been one of “let them tax business. That won’t hurt me of mone^ these days, so soak any. Most companies have plenty them!” But is it true that excess taxes don’t hurt the worker? Why of course they do! If a company makes a dollar and the government takes 80 cents of it, that 80 cents is gone. It has no chance to find its way into your pay envelope. But you’re unionized, and you de mand a pay raise anyway. You strike and you get your raise. Who pays for that / raise? You do, and I do—in the form of increased costs on everything we buy. Such a tax, therefore, directly affects us. Mortgaging The Future I’ve been asked by some porkers why such taxation isn’t a good thing if we’re all willing to pay higher prices. The answer to this matter of fact, the New Dealer question is not an easy one. As a says that inflation, heavy taxation, and , deficit financing have been good for us because we’re all better Warren Says Truman Deliberately False About Byrnes Thinks Southerners Will Resent 'Cheap Attacks' In Talks. Columbia, Oct. 12. — Campaign Manager George Warren of the South Carolinians for Eisenhower, today said a statement by Presi dent Truman about Gov. Jqjne.S-JL panics in varied industries, is un- off than we were twenty years Stomach Trouble! “I have a choking in my throat which seems to be caused by gas bubbling up from my stomach. Most everything I eat causes gas and a burning sensation. I am nervous, bothered with constipation and take some- tbing every day in an effort to get some relief. “ —= “Can you help me get well, Doctor Hart?” This is what a 26-year old woman recently said in an interview in our office. After the examination, we advised the patient that the cause of her stomach trouble had been located and could be removed. Excellent results followed shortly after correction was made. One by one, the symptoms disappeared and she declares that she is now able to eat without stom ach distress, constipation has cleared up and the ner vousness has improved. If you have a stubborn case of stomach trouble or other illness and wish to get well, consult— DR. CHARLES J. HART 254 WEST MAIN ST. — LAURENS. S. C. One Block West of Post Office, next to First Methodist Church Ground Floor Plenty of Parking Space ' ' 10 Byrnes meeting with Gen. Dwight D. Eeisnhower, Republican candi date, “was deliberately' false;” Wgrren, yvhose movement hopes to carry the state for the Republi cans Nov. 4 against Democratic candidate Adlai E. Stevenson, re ferred to a prepared press state ment to this remark by the’ Presi dent at the Democratic rally in New City’s Harlem section yester day: “What do you think the Republi can ..candidate and a Dixiecrat gov- erndr talk about when they sii. down together for lunch? You can draw your own conclusion when the Dixiecrat governor announced after the lunch, he's going to vote Republican this year," Warren said Truman was quoted 'Untrue Inference' President Truman’s statement “was deliberately false, a vicious perversion of the facts, to create an untrue ineference in the minds of his hearers that Gen. Eisenhow er, the ‘No Deal’ candidate, had made a deal with Gov. Byrnes to secure the South Carolinian’s sup port ” Then Warren said that the Presi dent “knew the statement was false.” Warren recalled that Byrnes announced for Eisenhower Sept. 18. Six-Inch Sermon By REV ROBERT H. HARPER Rev. ROBERT H. HARPER Jesus and the Law Lesson: Matthew 5: 17-20; Mark 10: 17-22 Golden Text: John 1:17 The lesson text presents a com parison between the Law and the Gospel, between the Ten Com mandments and divine Love. Jesus first assured his hearers that he was in no wise opposed to the Law, and he promised that nothing would pass from the law till all be -fulfilled/ 1 But the Law must be kept in spirit as,well, as letter; it-jnkst ex ceed the meticulous care of the! at the barga n counters. It cannot scribes and Pharisees. Jesus do-! be summoned by the ‘ rt-s- ‘crime’ is that of exercising the right that is inherent in democracy of making up their own minds as to 1 how they shall vote.” dared that true greatness would depend upon Keeping the Law in spirit. Mark tells of the rich young ruler who cable to Jesus, inquiring the way of life. Doubtless hand some and richly dressed, scion of came seeking truth“ and with the culture and high privilege, ?■ - expectation of speedy and proper answer. He was a lovable young ’ man. for it is said that Jesus looked | had kept the Commandments from was a “model young man," for he upon him and loved him. nd he his youth up. k The ruler lacked only one thing, but that was the whole thing. He had kept—all the Commandments but in effect had broken them all beemrse * he had not teamed th ■ Law of Love. He had refused to,; make the priceless gift of himself ; j to God. Now Love cannot be had olutions of the human will, comes only through faitn .n Jr IF YOl DON’T READ THE CHRONICLE YOU DONT GET THE NEWS Goodyear Tires and Tubes BATTERIES AND ACCESSORIES McMillan Service Station Sinclair Product* * Phone Nn. 2 Here’s quality you can trust There’s wholesome goodness in each frosty bottle of Coke. Always delicious, always refreshing ... for the quality is continuous. BOTTUD UNMR AUTHORITY Of THE COCA-COLA COMPANY IY GREENWOOD COCA-COLA BOTTLING COMPANY O >*32. THE COCA-COLA COMPANY “days before the general made a campaign speech here from the State House steps and then had dinner with Byrnes. 'Effort To Misltad' The president’s statement, War ren said, was a cheap effort to mis lead the voters into believing that Eisenhowe*r made representations to Gov. Byrnes about civil rights to secure his support.” ‘,‘And Gov. Stevenson,” Warren continued, “the Truman candidate, acting either in collusion or con cept with the president almost of the same time was making an un warranted attack upon Governors Byrnes, Shivers (of Texas) and Kennon (of Louisiana), whom he called ‘embittered apostates.’ The people of the South ... I believe, will deeply resent these cheap Tru- man-Stevenson attacks upon hon- ent and able men w’hose only ago. That's w r here the New Dealers are sart, because it's practically im possible to prove, up to this time, that they are w’rong. A grave danger of this kind of taxation is that it penalizes good management, initiative, hard work, proper advertising and plant im provements. Therefore, it jeopard izes your future. This country be came great because of its remark able capacity to produce. Men were willing to take risks and work hard because their rewards came in direct proportion to their success. Do You Have A Garden? Just' ask yourself what your re action would be if you and your neighbor had garden plots of the same size The only difference be tween them was that you had your soil analyzed, spent money to build up its productivity, and toiled later nights cultivating and watering it. The result was that you had three times as much quality produce as your neighbor had. The only trouble was that you couldn’t keep much of the fruits of your labor. You were too successful. You had to hand over 80% of your “surplus” to the government. In a situation of that sort, would you have a gar den the next year? I believe in the laws of Action and Reaction and Supply and De mand. Human beings, because we are what w r e are, cannot be forced above w r hich we will not pay—at to buy most.things. There is a price least not in a free economy. For tne life of me, I cannot understand how any red-blooded American of character who wants to rqake something of himself would toler ate a ceiling on his opportunities. America’s culture is the heritage of a free economy. Monuments built from the profits of yesteryear stand on many street corners— great research centers, scores of educational institutions, libraries, I ■Churches, hospitals. In the words of Chief Justice Marshall, “The power to tax is the power to destroy.” his power is fast reaching a point where it will destroy. When prices are too high, people stop buying. 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