The Clinton chronicle. (Clinton, S.C.) 1901-current, January 08, 1953, Image 4
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THE CLINTON CHRONICLE
Thursday, January 8, 1953
(Eltntnn (ClirnnirU
lish^
Established 1900
WILSON W. HARRIS, Editor and Publish*
HARRY C. LAYTON, Assistant
— Published Every Thursday By
THE CHRONICLE PUBLISHING COMPANY
Subscription Rate (Payable In Advance):
One Year $2.50 T ........ Six Months $1.50
Entered as Second Class Mail Matler at the Post Office at Clinton, S. C.,
under Act of Congress March 3, 1879.
The Chronicle seeks the cooperation of its subscribers and readers—
the publisher will at all times appreciate wise suggestions and kindly
advice. The Chronicle will publish letters of general interest when
they are not of a defamatory nature. Anonymous communications will
not’be noticed. This paper is not responsible for the views or opinions
of its correspondents.
MEMBER:
SOUTH CAROLINA PRESS ASSOCIATION
NATIONAL EDITORIAL ASSOCIATION
National Advertising Representative
AMERICAN PRESS ASSOCIATION
New York Chicago Detroit Philadelphia
NOTICE -OF ANNUAL MEETING '
OF MEMBERS
The annual meeting of members
of Citizens Federal Savings and
Loan Association of Clinton, S. C.,
will be held in the office of the As
sociation at 220 West Main Street,
Clinton, S. C., at 2 o’clock in the
afternoon on Wednesday, January
21st, 1953, for the election of direc
tors and for the transaction of any
other business of the Association.
J. SIX)AN TODD,
Secretary and Treasurer.
2c-15
CLINTON, S. C., THURSDAY, JANUARY 8, 1953
The Killing Goes On A Change Coming—
The National Safety Council ‘pre-: It's Time 1
<::cts that traffic deaths in the na-: Thiirwdnv
..nn Will tntal .18.001) for 1952. the. Senator Hairy Byrd of Virginia I hur>da>
roorth largest toll in history. The j °f><t °!-the few real students of gov-
report shows that such deaths for tmanax in Congress, and
the first 11 months of the year ran I a statesman, always says
..t the rate of 103 a day for a total something sound when he opens his
of 34.500. It said that the fmal: m °uth. Thi S statement from the dis-
■352 count may even go over 38.-' senator-^The first «-
quirement of our leadership in the
world is the preservation of the free
What appalling facts, what a enterprise system. The lifeblood of
this system is sound fiscal policies.”
Another example of the Virginia
senator’s views. President Truman
% came forth a few days ago with a
There are rtumerous contributing proposal to give President-Elect
factors to this carnage on the hign-' Eisenhower tax exemption on his
ways. These deaths and injuries living expenses in Washington. Sen-
will continue at their present pace a t or Byrd, ‘joined with a few others,
unless we have drastic legislation immediately expressed open 11 opposi-
by the general assembly. This is ti on to the proposal and is dead
CARD OF THANKS
We wish to thank our friends
and neighbors for the many kind
nesses and expressions of sympathy
shown us at the death of our hus
band and father. We pray God’s
richest blessings upon each of you.
—MRS. A. F. ALEXANDER
AND FAMILY.
MIDWAY
-IN THEATRE
•wholesale murder on public high
ways we are witnessing. The
streets and highways are daily be-
v.oming more dangerous.
January 8
UNION STATION
Barry Fitzgerald, Jan Sterling
COMEDY — CARTOON
JONES IS GRATEFUL
TO THE CITIZENS OF LAURENS
COUNTY AND VICINITY:
It is my desire to express to you
my sincere appreciation for the co
operation, assistance and friend
ship given me during the past six
teen years while serving you as a
law enforcement officer. My suc
cess has been due, largely to* your
support. I shall always appreciate
the opportunity of having" served
you and helping bring better law
enforcement to Laurens county. It
has been a pleasure to hold your
respect and and the respect of oth
er law enforcement officers in this
state.
Yours Respectfully,
H. R. JONES,
Deputy Sheriff,
Clinton, S. C.
IF YOU DON’T READ
THE CHRONICLE
YOU DONT GET THE NEWS
To RrUtve
Misery of
C$x666
HERE IS YOUR HANDY 1953 CALENDAR — WITH^THE COMPLIMENTS OF
THE CHRONICLE .
JANUARY 1953
T~M T"W-T
EZE
*""*323
4 5 6 7 8 9 K>
11 12 13 W 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
FEBRUARY 1953
M T W 1 FT
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
MARCH
1953
4 M T W"
• t i m
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 - - * *
s
Friday-Saturdav Jan. 9-10
RED SKIES OF
MONTANA
(Technicolor)
Richard Widmark, Jeff Hunter
TWO CARTOONS
i rivers who break the rules.
■:any “points’’ or violations.
happening in many states with the right. The president of the pTnited l
Jesuit that fatalities per vehicle- states receives a handsome Jplary’
mile are less than a third the toll and lives in luxury at the expense
n this state. The adoption of a of taxpayers. There is no plausible
ooint system’’ by many states; reason why he should receive spe-;
: akes it posible to keep tab on cial concessions, or tax-exempt priv-,
So j ileges which President Truman has j
nd received. When it comes tp- ta&p^'- T Tu4>s,-W>4,-
ne driver's license is revoked. This ers there should be no favoritism re* I
tystem which is saving lives efsc- 1 gardless of how high an office is
•..here should be put-into operation held. All officials and all citizens
in our state and strictly enforced should be on the same standard. If
by taking the incorrigible offend- -there are to be exemptions for one,
then there will be an endless demand
from others high in authority for
the same treatment. And we don’t
believe President Eisenhower ap-
Sunday-Monday Jan. 11-12
RAINBOW ROUND
MY SHOULDER
(Technicolor)
Frankie Laine, Billy Daniels
Arthur Franz, Charlotte Austin
COMEDY — CARTOON
APRIL 1953
MAY 1953
JUNE * 1953
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JULY
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AUGUST 1953
1 M T W T F S
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30 31
SEPTEMBER
1953
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as
er off the highways, and making
the public more safety conscious.
We can’t go on at the rate we are
-raov-ing—.artd . t.h v responsibility.
through an aroused public semi- proves the request put forth by Tru-j
nrent, should be put squarely up to j man who has become a rich man
PLACE IN THE
SUN
Montgomery Clift, Elizabeth
Taylor
CARTOON
OCTOBER 1953
—
NOVEMBER 1953
DECEMBER 1953
-———
S M T W T F S
T M T W f t 4
5 M T W T
F S
"■““123
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
1 2 '3 4 5 6 7.
8 9 10 11 12 13 14
15 16 17 18 19 20 21
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29 30 - - - - -
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6 7 8 9 10 11 12
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27 28 29 30 3L_“ -
•» as m us « as us
-----
m ■ 9
during the seven years he has held
the office.
Senator Byrd believes what this
newspaper has been saying for years
—that we cannot check and defeat
the forces of communism if we fol- j*
low communist doctrines ourselves,
and wfe cannot maintain our strength
if, wc aliow. Um-pfodigal government
Drunken drivers is another ' big | to squander our wherewithal. That
cause of the mounting accidents is exac ^y what has happened the j g
and deaths. If the general assem-jP 351 s i xte€n years under the New
bly soon to meet wants to render a
service to save many of our Pives,
and our children's lives—it will en
act stiff enforcement regulations Our efforts to deal with inflation,
about which the Administration has
the legislature to decrease the
dreadful highway toll we are wit-
r.essing in the nation, including
South Carolina. Automobile man
ufacturers are building cars with
high and 'dangerous speed. The
only way to stop the wild speeders
on the highways is to prohibit the
.building,jOf rare with s iK>h power
and Fair Deal spenders—we have
blindlyJollowed false prophets down
one dead-end road after another.
to lessen the hazard every
takes when he goes on a
highway.
driver
public
The Farmers' Problem
President-elect Eisenhower has
appointed a 14-man agricultural
advisory committee to help draft
the new administration’s farm
program. Robert R. Coker of this
CURRENT RATE
EACH ACCOUNT INSURED
LETE US HELP
OF DIVIDEND
UP TO
YOU
dfr 'i A AAA
TJEC0ME
A
670
$10,000
A
HOME-OWNER
%
::
done much talking—are outstanding
examples of this. The primary cause;
of inflation is extravagant govern-;;^
ment, which takes and spends more
and more of our money, creates! g
more and more credit and currency,! "
and runs more and mors deficits, j
Drunken-sailor fiscal policies are
the disease, and high prices are just
a symbol. The American people con
fidently believe that President Eis
STATEMENT OF CONDITION. OF THE
Citizens Federal Savings & Loan Association
i ■ ' ■ ' ! ‘
Clinton, South Carolina
-i
:i:
state, long recognized as a South
ern farm leader, is included in the I enhower and the able group of bus-
list of appointees made by the iness men he has called into service
President-elect. In accepting the to help him will put a big check on
appointment Mr. Coker said he did the extravagant, unprecedented
so in the belief that the coming spending spree
At the Close of Business December 31, 1952
four years would see a national
farm program “with its basic roots
in economy.” At long last it ap
pears we ae going to have an ad
ministration that will put this
country on a sound program not
only so far as agriculture is con
cerned but in every other field.
We have been building temporar
ily with another, shot in the arm
for agriculture—now we are going
to build permanently we hope for
the advantage of the farmer on a
sound program.
Farmers generally, are complain
ing about the big increases in tax
es on their land. In this county
there is general complaint . with
many farmers protesting that tax
es are reaching the confiscation
point. The new school program set
up with county-wide levies sub
stantially larger than those •that
have prevailed in the past in the
various school districts accounts to
a large extent for the increase.
A good farmer said to us yesterday
that “his taxes now amount to five
per cent of rent value and at this
rate the county would °*6Wn his
land in seventeen years.” It takes
a farmer, he said, 365 days to pro
duce one bale of cotton, while the
textile industry can convert it into
goods in a few short hours. Taxes
«n farm land, he complained, are
being hiked so high that land-
owners will find it impossible to
profitably operate their business.
All taxes are too high, starting in
'Washington and right down to the
state and counties. There must be
relief for us all to make it possible
to do business on a sound basis
without being swallowed up with
lax expense.
We must treat the disease and not
the symptom. We have tried so-
called price controls, which place a
costly burden on every producer and
retailer in the land and in the long
run work to the grave disadvantage
of the consumer as well. We have
tried to supplant the free market
with a politically-bossed market. As
any economist or business man will
tell you, the cohtrols have been a
failure—so great a failure, indeed,
that even a pro-control Truman ad
ministration has had to abandon
many of them, an|l iflax others. In
spite of that, political agitation lor
continuihg ’the bankrupt control idea
continues. No one can imagine what
would have happened to our ec
onomic system had Truman and his
cronies been put at the head of this
nation for another four years.
A great change in government
thinking is expected after January
20. It’s time. We should be thankful
to God.
ASSETS
First Mortgage Loans .....$2,044,276.37
Loans on Savings Accounts 8,254.36
Real Estate Owned 8,360.07
Investments and Securities 627,244.00
Cash on Hand and in Banks 121,290.82
Office Building and Equipment,
Less Depreciation ' , 36,825.82
$2,846,251.44
LIABILITIES
Savings Accounts $2,668,132.42
Loans in Process 12,108.32
Specific Reserves 156.23
General Reserves $114,315.70
Undivided Profits „ 51,538.77 166,854.47
32,846,251.44
Member Federal Savings and Loan Insurance Corporation
$71,803.75 Paid in Dividends to Our Investors in 1952
Home Loans
NOTICE OF INCORPORATION
NOTICE IS HEREBY GIVEN
that there will be a meeting of the.
subscribers to the capital stock erf 1
CLINTON IMPLEMENT COM
PANY a proposed corporation to i £
have as its principal place of busi-; g
ness at Clinton, S. C., at the offices
of Cecil E. White, Attorney, 106
North Broad Street, Clinton, S. C.,
on Wednesday, January 14, 1953, at
11:00 a. m., for the purpose of or
ganizing said corporation. Imme
diately thereafter, application will
be made to the Secretary of State
of South Carolina for a charter for
the said corporation.
P. L. BRUCE, |
1c THOMAS S. BRUCE.
Invest With Safety, Profit and Convenience
Insured Savings
OFFICERS
B. Hubert Boyd, President
J. P. Prather, Vice-President
J. Sloan Todd, Secretary-Treasurer
Mrs. Henry Hunter, Asst. Sec.-Treas.
EDERALoAVINGS
|AND LOAN ASSOCIATION
directors v
J. P. Prather r. h. McGee
W W. Harris T. Heath Copeland *
J. B. Hart B. Hubert Boyd
T. D. Copeland J. Sloan Todd
J. W. Finney, Sr.
A CLINTON INSTITUTION SERVING CLINTCJN PEOPLE FOR 44 YEARS
ASSETS ALMOST THREE MILLION DOLLARS
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