The Clinton chronicle. (Clinton, S.C.) 1901-current, December 18, 1952, Image 17
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The Chronicle
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paper, Complete, Newsy
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Qlfar (ttltntan OUfrowirU
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Volume LIU
Clinton, S. C, Thursdoy, December 18, 1952
Number 51
=
shopkeeper is getting more busi
ness from older people today than
ever before.
Outlook For Colleges
Just now, most colleges are ope
rating at a deficit from temporary
lack of students, due to the great
drop in the birth rate which came
eighteen to twenty years ago.
These colleges, however, should
take heart because the crest of an
other wave of high birth rates will
begin to benefit them a few years
hence. Not only will more men
and women demand an educaion
but better economic condittions
will give more families |he mon
ey to provide such.
In connection with birth rates,
we must not forget the returning
GI’s from Korea. These will be
given the same rights to a tree col
lege education as were provided to
ments for the tree plus giving
cheer to those who come to call.
Wrap small pieces of your own
fruit cake in metallic paper and
tie with ribbon to boughs of the
Christmas tree.
termed merchatns.
There is one woman among the
legislators of the new Assembly.
She is Mrs. Martha Thomas Fitz
gerald of Columbia, “housewife, ed
ucator and civic worker.” She was
re-elected this year at the head af
the Richland county ticket.
Lawyers Form
Majority In
$. C. Assembly
Columbia, Dec. 16—Lawyers will
rule the roost as usual in the 90th
General Assembly of South Carolina,
which convenes here Jan. 13 for
the 1953 legislative session.
Exactly one-half of the 170 mem
bers of the new legislature are law-
years or combine the study or prac
tice of law with other occupations.
There are 71 lawyers; one law stu
dent; one lawyer-banker-farmer;
‘DIE FOR ALL YOU ARE WORTH’’
Hugh L. Eichelberger
NEW YORK LIFE MAN
31 Years Experience
PROFESSIONAL INSURANCE INFORMATION
a FURNISHED FREE
Member The National Association of Life Underwriters
the veterans of World War II. In nine lawyer-farmers; one-lawyer-19jMn**mm***MMX***XXM*M*imxXXXXXXXX*mmtanttmm%X*X*Xll
view of the election of General! planter, and two who list their occu-
Eisenhower as our new President!pation as “business man-lawyer.” !
.veterans will receive-jother.advan-] .ThiL-.next . largest occupational H
tages and compensations from I group among the legislators is made
NOTICE FOR PAYMENT OF
which many manufacturers and
merchants should benefit. Hence,
we should watch birth rate figures
for both pessimistic and optomistic
signals.
AND YOULL BE
FOR THE
22 STATE HIGHWAY
DEPARTMENT r COLUMBIA.
SC.
BIRTH RATE HAS BEARING ON
BUSINESS, BABSON DISCLOSES
Fewer Persons R<
20 Years of Age On
Average, He S^ays.
By ROGER W. BABSON
Babson Park, Mass., Dec.
15.—
Once in awhile it Is well to con-
eider the past. There is an old-
tizne saying—even if, unconfirmed
—“History is always repeating it
self about every twenty years.”
Let us look back at thp stock mar
ket “lows” and “birth rates” of
twenty years ago. The only logi
cal reason for the above old saying
is that people “fnature” at about
20 years of age. this r 083 '
288,672; 1947, 3,699,940; 1948,
onlng should not
be taken seriously
451,608; 1951, 3,648,954.
As there were fewer born in the
early thirties—there will be fewer
marriages and, hence, fewer births.
The above figures suggest that
an abnormaly small number are
now reaching 20 years of age.
Hence, according to this theory,
there should be a decline in—busi
ness, wages, prices, real estate,
etc., around 1953. Of course, births
are only one factor; but they
should have a bearing on stock
and bond prices, notwithstanding
the recent Republican victories.
Opportunities For Merchants
Th^ - above figures also indicate
possible optimistic relationship of
HOUSEHOLD HINTS
Many holiday ideas are very
simple in their thought and may
be made at home with almost no
expense whatsoever. Try some of
these which will give holiday
greetings-
Christmas cookies for the young
sters who come to call can be
wraped individually in gay tissue
paper and placed in a drum at a
hall table. Make the drum out of
a cardboard carton and cover with
striped paper.
TTiese make attractive orna-
up of farmers, who number 58 if the
partrtime farmers are included in
the overall count. Twenty members
of the General Assembly list them
selves as farmers; 15 as “farmer-
busienss man”, with 23 more listing
agricultural pursuits ranging from
“cattleman” to “theater - owner-
farmer.”
Other occupations of South Caro
lina legislators range over such di
verse fields as dental %urgery, teach
ing, real estate, railroading and
preaching. Merchants make up a
fairly substantial contingent, with 12
listing themselves as merchants and
perhaps a dozen others in businesses
which could justify their being
1952 CITY TAXES
WE DO ALL KINDS OF PRINTING
except bad
CHRONICLE PUBLISHING CO.
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
* 1
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.
^ i W. B. OWENS, City CI«rk.
the birth rates to certain business-
if the same n u m-1 es. For instance, sometimes they
ber of people be are bound to cause an increased
come 20 years of demand for everything, diapers
ago every y e a r! to toys; while at other times they
For this old the- help real estate and furniture sales,
ory to work, there i It is important fhat manufactur-
must be a differ-, ers and merchants, as well as par-
ential in the ma-1 ents, should keep this in mind,
turity rate. We This increase in business will first
then can apply appear as the birth wave develops
R«g*r w. BftbiM this theory as one; needs for new babies; then in
factor determining stock market needs for the young children; then
movements.
Lot's Look At Tho Rocord
Although a certain percentage of
babies and young people die be
fore 20 years of age, it is fair to as
sume that the same ratios apply to
all who reach the age of twenty
during these years. The following
table gives an approximate idea of
what has happened:
Births 1932-1951
1931, 2,074,042; 1933, 2,081,232;
1934, 2,167,636; 1935, 2,155,105;
1936, 2,144,790; 1 93 7, 2,203,337!
1938, 2,286,962; 1939, 2,265,588; 1940,
2,360,399! 1941,- 2,513,427; 1942, 2,-
808,996; 1943, 2,934,860; 1944, 2,-
794,800; 1945, 2,736,456; 1946, 2,-
the demands of the teen-agers;
then in needs for the older youths,
and finally the needs of adults.
Statistics show that there has
been a great increase in older peo
ple, due to various causes. Social
Security is reducing worry among
the aged and certainly thy all
should thank Francis Townsend of
California for this. The new drugs,
vitamins, etc., have done much to
eliminate disease and lengthen life.
What penicillin has done to save
the lives of pneumonia patients is
a story in itself. Finally, the short
er day and the five-day week have
protected the older membrs of our
families. Every manufacturer and
Savings Accounts
3%—DIVIDEND—Z%
We invite savings accounts from the people of Clinton
and vicinity. You will like our friendly and efficient ser
vice, and you wiH receive your dividend promptly each
January 1st and July 1st. Any amount — from $1 up —
opens an account.
Each account is insured up to $10,000 by the Federal
Savings and Loan Insurance Corporation. Two people may
have up to $30,000 fully insured.
Accounts by mail promptly acknowledged.
Chartered and Supervised by Hie
United States Government .
Laurens Federal Savings
& Loan Association
Telephone 22271
LAURENS’ LARGEST SAVINGS INSTITUTION
104 West Main Street Laurens, S. C.
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