The Clinton chronicle. (Clinton, S.C.) 1901-current, October 23, 1952, Image 9

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r t * » \ .i I 'IP The Chronicle Strives To Be A Clean News paper, Complete, Newsy and Reliable ®hp OUinton Qlljrmttrlf If You Don’t Read The Chronicle You Don’t Get the News Volume Llll Clinton, S. C, Thursday, October 23, 1952 Number 43 A Regular Chronicle Feature No Depression Due Barring War - Babson By ROGER W. BABSON New York, Oct. 18.—Acording to the cycle theory a business de pression may be due during the next year or two. When at Welles ley, studying charts and statistics, I am inclined to agree with this school of thought. After, however, j a visit to New York and seeing what the sales organizations are doing today, .compared with 20 years ago, I believe that—barring World War III—there will be no return of conditions such as exist ed in 1932. There are several reasons for my mild optimism: (1) Real estate mortgages will be protected by the federal housing agencies, (2) Stock prices will be bolstered by 50 per cent margins, (3) Big business fail ures will be prevented by the RFC, (4) The banks are in a very strong position, and most of the large cor porations have no loans outstand ing, but rather big surpluses, (5) Farmers are insured by price sup ports, and climate controls. The most damage will come from sel fish labor leaders, heavy imports and reckless price cutting. The bightest factor, which I have in saiod, never exsited 20 years ago. I refer to the billions now being spent on wise advertising, salesmen training and especially on conventions. During my visit here in New York City, I have seen some of the brains the plan ning, and the energy which are be ing spent on copy, color, space, type, and even models. When you read national advertisements in a great weekly, or ^n your local newspaper, you have no idea of the work spent in preparing those ad-1 turn vertisements. through individual plant training. Then once a year the leading con cerns have geat conventions here in New York or elsewhere. Pre ceding the last depression only about 150 of these annual national conventions were held. I learn to day that over 585 are already plan ned for the next eight months. Moreover, plans are made so that this number -.could be doubled if unemployment should seriously re- Visual Demonstrations Markets Analyzed Even ^before writing these adver tisements, both the poduct and the appeal have been tried out on thousands of housewives. P e r- haps five different advertisements submitted; then each of those five At these conventions the sales forces not only hear speeches, but these speeches are illustrated by films, tape recorders, dioramas and “flop photos.” In short, when the last depression struck, the would be selected out of 40 copies+^try was unprepared with no economic army, mavy or air force; housewives determine who are the best artists, photographers, copy writers and psychologists. In case i would be’tried out on five thous-: But -. toda y we have in reserve for and families. The reaction of these s P<^al use in case of unemploy ment, a sales army, an advertising navy, and a radio-television air force. These can be thrown into of a depression, this advertising j act ^ vB y at the^drop of a hat. will be even increased as a factor 1 So long as people are dishonest, in giving customers confidence -to inefficient or lazy, there will be buy when the nation is again' business depressions; the same as threatened with unemployment. ; there are sicknesses when we abuse In addition to this newspaper ou «- heaB h. As, however, new treat- magazine, and similar advertising, millions are being spent on radio and television. Modern television advertising did not exist 20 years ago. Not only is this a great fac tor today in creating consumer buying, but plans are being laid for television to serve in a most wonderful capacity in case busi ness should suddenly go into a tail spin. Twenty years ago anyone who couldn’t get a job at anything else could always try to sell something on commission. Now this is all changed. Eighty per cent of the salesmen being employed today have taken college courses on busi ness administration. Before being allowed to sell, they are put ments and new drugs are reducing the de^th rate, so these new sales developments can prevene unem ployment from becoming too se- severe In other words, we are now building up an economic “fire de partment” to prevent an economic conflagration. This, we never had before. OFFICE SUPPLIES Complete line, all tbe little items needed for the office. CHRONICLE pilBLISHING CO. Phone 74 IF YOU DONT READ THE CHRONICLE YOU DON’T GET THE NEWS Davidson Tips PC 13 to 12 In Homecoming Game The extra-point kicking was a major factor for the second, year in a raw as Davidson’s Wildcats took a 13-12 decision over Presbyterian’s Blue Stockings here Friday night | with a PC Homecoming crowd of ,3,500 looking on. Last year it was the Blue Stock- , ings who benefitted from the talent | of a place-kicker when they won 14-12. What proved to be the win ning point- was the^ placement of Davidson’s Gene Da^ts in the first quarter. That point kept the Wildcats ahead throughout the game. - Presbyterian saws its last chance for victory go out the window in the waning minutes of the game when Quarterback Jack Harper missed on a fourth-down pass from the David son ten. His passing had sparked a 67-yard drive to that point. But Harper waited too late to open up with his aerial game. Un til the final period, the few passes he threw were generally futile. Davidson took the lead that it never lost in the epening period when Jimmy Thacker added the final four yards to a 30-yard drive. It was then that Davis got that vital point. ' PC’s Emmett Fulk brought the Blue Stockings into the game in the first minute of the second quarter, scoring from the four following a 50-yard push; A 32-yard run on a tricky double reverse by Thacker gave the Wildcats a 13-6 margin at the half. : The Blue Stockings battled back in the third, going across on a short' run by Billy White, but Grady Faulk missed his second and last chance to tie the game with the placement. The victory was the first for Dav idson, which dropped its first three games this year. The defeat made PC’s 1952 record read 1-3. The defensive end play was out standing for PC. Freshman Fred Fowler particularly stood out, along with End Joe Kirven. Davidson’s Leroy Forgason and Thacker were the topTunners of the game, both gaining consistently through and around the line. HOUSEHOLD HELPS Carmelifcing sugar? Use a heavy cast iron skillet and place the sugar Stir constantly until it melts and in the pan over just medium heat, forms a golden brown syrup. * —Fried fooebr arr- tasty btit they're i not palatable if they’e served greasy. Always dram before serv ing on some crumpled paper tow- * eling. ♦>♦ *♦,*♦>♦,*♦ >♦ ♦ ♦ • • ♦ ♦ • ww • ♦ ♦ * ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ ♦♦ •« «« * BARBECUE! SATURDAY, OCTOBER 25 BONDS CROSS ROADS NABORS STORE READY TO SELL AT 10 O’CLOCK N ♦ # « * ♦♦ ♦V '•ft • • # * NOTICE FOR PAYMENT OF 1952 CITY TAXES Notice is hereby given that Town Taxes for the Town of Clinton are due and collectible up to December 31st for the year 1952. The tax books are now open at the office of the Town Clerk and will remain open up to and through December 31. A penalty of ten (10%) shall be added if said taxes are not paid on or before January 1, 1953. The levy for current fiscal year is 53 mills; 15 mills for current operating expenses, and 38 mills for inter est and sinking funds on various bond issues outstand- ing. — — — — W. B. OWENS, City Clerk. U ”.i. i. w w mtff M w 'in in Hi h m m m n Hi rnKMimirwumunmnnrn m-mi—irr !t :: • • • # • * • • I MOORE Out of Business To the First 50 Ladies THURSDAY A. M. A Beautiful Fall Flower To the Next 50 Ladies A Beautiful Handkerchief DOORS OPEN THURSDAY 9:00 A.M. CLOSED ALL DAY WEDNESDAY TO MARK DOWN MERCHANDISE. STOCK WILL BE SOLD AT SACRIFICE PRICES. ALL SALES FINAL — NO CHARGES — NO APPROVALS DOWN GO PRICES FALL COATS V2-Price One Lot SUITS Va-Price All SKIRTS Vz-Price FALL DRESSES SUITS A Famous Brand Asst. Sizes and Colors * $49.95 values... now $29.97 $39.95 values now $23.97 I $29.95 values now $17.97 $24.95 values... now $15.97 CHILDREN’S DRESSES V. $3.95 values ... now $1.97 $4.95 values ... now $2.97 $5.95 values now $3.97 $10.95 Nylon Dresses— now $6.97 — SPECIAL — One Lot FALL DRESSES $5.00 Corduroys, Gabardines, Crepes, Rayons NEW FALL SWEATERS $3.95 Nylon, now $2.47 $4.95 values, now .... $2.97 $5.95 values, now $3.97 $8.95 heavy coal Sweaters... $5.97 One lot nylon slip-over Sweaters now 'i-price Crepe and nylon Blouses, now Vi-price Wool jersey Blouses, values to $10.95 now $5.77 and $6.77 Bags and Hats !. Vi-price $10.95 Terry Cloth Robes or Beach Coats $4.77 Bathing Suits $1.00 Shorts, values to $2.98, now .... 97c Halters 25c COHON PAJAMAS BED JACKETS $2.98 NYLON PANTS NURSING BRASSIERES $1.95 NYLON GLOVES 89c COTTON GLOVES Vi Pr. $3.98 CREPE SLIPS, now $2.97 MATERNITY SLIPS ... $2.97 $5.95 LACE TRIM NYLON SLIPS, sizes to 40. now CREPE GOWNS, long sleeves, now NEW $6.95 NYLON JERSEY BLOUSES, now HOUSE COATS, while they last, now NYLON HOSE, now REG. $2.50 SATIN AND NYLON BRASSIERES ONE LOT $2.98 RAYON SLIPS, now _ SEE OUR 25c TABLE $2.97 $2.37 $1.77 Vi Pr. $3.77 Price $4.77 $3.00 2 pr. ior $1.00 . $1.50 $1.37 Vi- BABY SPECIALS Children's Pajamas Vi-Pr. Knit Gowns and Diaper Bags, 97c $2.98 Sim Suits, now 97c Feed Bottle Holder 67c Baby Shawls Vi-Price Crib Blankets $l.l9 $1.95 Batiste Gowns, now $1.29 Baby Shirts 3 f or $1.00 One lot Baby Gifts 25c $3.95 Nylon Sweaters $2.97 Girls' Wool Sweaters Vi-Price Snow Suits and Jackets Vi-Price $2.98 Corduroy Bonnets 97c Bibs. 3 for $1 - Hankies. 3 for $1 Training Pants 4 for $1.00 $1.69 Nylon Diaper Covers $1.07 Fancy Cotton Panties 2 for $1.00 Jewelry Vi-Price Children's Dress Hangers 5 for $1 E’S DRESS SHOPPE E. PITTS ST. — CLINTON, S. fc C.