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Pape Two. / THE CLINTON CHRONICLE Thursday, May 21, 1951 Leaders Assure 1953 Business Will Top 1952 •Hot Springs, Va. — Industry lead ers assured Secretary of Commerce Weeks today that business activity m 1953 promises to top last year’s ccom level. But profits may lag because of harder competition in prices and services, members of the Department cf Commerce Business Advisory Council predicted in their closed meeting here./ The for a ^talkjs with Communists for peace in Korea. (The Allies warned the* Reds they might take a short cut through the snarled prisoner exchange problem by simply releasing 32,000 North Koreans who don’t want to go home. Allied negotiators said such action would follow a pattern cre ated by the Reds themselves. Lt. Gen. William K. Harrison told tbe Reds turning the prisoners free would only be following their policy of liberating prisoners at the front. "Your side already has shown us the wdy,” he said. “It would seem quite appropriate that tings. “Cut sprouts” are sprouts from which one inch of the root end has been cut off. In advising growers to put out their “cut sprouts” in May, Mr. Bowers points out that a long growing season helps to produce a high yield of No. 1 potatoes. The longer the growing season the bet ter the inside color will be if the sprouts are produced from selected seed stock. “Cut sprouts” may be used as late as the first half of June if vine cuttings are not avail able. In the May Clemson Extensi/m Sweet Potato Letter, Mr. Bowers advised that if “cut sprouts” are these Koreans whom w r e still are holding as prisoners . . . should bej set by May 15 they should be released without further delay.” j spaced about 8 inches apart in the It was obvious, observers at the row . if se t after MJay 15 they ? corporation heads, speaking j reported, that the Reds were} should be spaced about 10 inches s pianj^najor fields of indus- j not overjoyed with the prospett I apart. With a long growing season, 0 North Koreans want: c i ose spacing prevents the produc- South Korea and would tion of jumbo potatoes. Rows for the South] should be 3 1-2 to 4 feet apart. ‘Use at least 1,000 pounds of 3- 9-12 fertilizer per acre with 10 pounds of borax added per ton. One-half of the fertilizer should be applied when the land is bedded ^nd the other half as a sidedress- re ^ us ^ er when the “cut sprouts” begin to grow off. If the 3-9-12 ferti- break ji zer j s no t available, use a 3-9-9 try, presented the forecasts to the! These conference of 100 executives. Coun- j f 0 ij ve j c.' Chairman John D. Biggers sum-1 become material marized the outlook later for re-; Korean ajrmy. porters, saying: At this writing the remain truce talks eadlocked over the selec- Tn many lines, the seller's market h ^ passed or is passing. Competition; tj on 0 f neutral country to handle becoming more intense, and the: war prisoners. The Allies suggest .uncil considers this a desirable ec- . omic development. It is the general conviction of : mbers that business ^*ill be good .itainly for the rest of 1953, and : iat the volume in most lines—and .s a whole—will be^better than in ! 952." ‘ • ’ ’ Switzerland as a neutral. The Reds i ejected the proposal, but to name their selection. Unless some improtant occurs within a few days it now ap- or 3,12-12 fertilizer with the borax pears that the truce talks may added. come to an abrupt end with thej “Sprouts or plants to be used Vice President Nixon, speaki" f I hivf ‘ CUt SPr ° UtS ’ should . b £ all ™ ed the record eave what members later haVe ’ 3t the moment ’ reached the to grow one to two Inches taller nt record, ga\c uhat members later name _ ca u in g stage where they were! .— called an "impressive ^id lucid ac- broken off , ast 0^, 9. count o: the Eisenhower adminis tration's efforts to cope with the double-barreled problem of keeping ‘he government solvent and the < ountry^ecure. Priv.4Rly, industry men said they were impressed with the attack made by the Eisenhower administra- Ji6n on the problems. 1 r uu • a , * t j Lobbying Act of 1946 But Senate Republican Leader A j ; __ Taft of Ohio, who was week-ending at Hot Springs and sat in onb coun cil session at the Homestead Hotel, i>aid he was "very much disappoint- cd" at the administration’s inability to reduce deficit—spending. than usual to take care of the root end being cut off. Use only strong, vigorous sprouts or plants and set them deep on high, broad beds. * — w - 1 ———■ -T" 1 ' — Home Loan Rales Increased Washington, May 2.—The govern ment today upped the interest rates on most government guaranteed and insured home loans to 4 Vi per cent. For World War II and Korean War veterans who have not yet used their GI home loan benefits, this means a jump of Vi per cent in the interest rate they will have to pay. For families who plan to finance their home purchases with the aid of loans insured by the Federal Housing Administration the increase is only Vi per cent—from the pres- 1 ent 4V4 per cent rate. FHA loans also carry a charge of *i per cent as a mortgage insurance premium. Thus the total carrying charge will be 5 per cent. The increases' do not apply to mortgages already in effect. They permit the lenders to change the higher interest rates on new loans.] The FHA increase is effective im mediately. The VA raise-takes effect Wednesday. Officials said the move was needed! to increase the supply of mortgage money. Many lenders were reported reluctant to. lend at the old rates. SC Peach Crop Expected To Be 3,120,000] Bushels A South Carolina peach crop of 3,120,000 bushels is expected this year, May 1 prospects indicate. This was the view yesterday of the Federal-State Crop Reporting Service. r A crop of this size would be 5 per cent smaller than the 3,286,000 bushels of 1952 and well below the would be less than the 1941-50 10- year average of 3,226,000 bushels. Indicated production of 12,110,000 bushels in the 10 Southern peach states compares with 10,663,000 bushels made last year and the 10,- year average of 15,003,000 bushels. Indicated produmtion in these states as of May 1, and final 1952 volume, in thousands of bushels: North Carolina, 1,400 and 1,849;' Georgia 3,220 and 2,496; Florida 10 and 18; Alabama 544 and 585; Mis sissippi 544 and 432; Arkansas 1,782 and 1,539; Louisiana 145 and 68; Oklahoma 282 and 247; and Texas 1,053 and 346^ The move also appeared to be in line with the new administration's anti-inflation, or “hard money,” pol icy PIMPLES’? pimples, blackheads i AT ALL C 0 0 0 DRUG SK McGEE’S DRUG STORE SUBSCRIBE TO THE CHRONICLE ‘The Paper Everybody Reads’* i 1 ft :t i- Expenditure cuts in Washing-1 ton are being extended these days beyond the federal goverriment. Congressional Quarterly reports that lobby spending last year drop ped to the lowest point since pas sage of the Federal Regulation of According to the CQ report, 257 groups reported spending $4,823,981 in 1952 compared with $8,771,096 that 295 organizations reported in 1951. Peak spending by lobby groups Taft estimated the deficit in the I™ ret ' <>M ^ MO.SOSiOl paid uut by fiscal vear starting July 1 will bc : 340 organizations in 1950. while the • between nine and 11 billion dol-' -rs- unless there are further | tt- 191 . 83 ' "> 1M7, the flnt full ye«r indicated Thanks For Strength To Stay On My Job ' nanges. He indicated cuts would “ave to come primarily from mili- ’:.ry and foreign aid spending. of operation under the Act Topping all those reporting was I the National Association of Elec-1 trie Company, which shot up from; fourth place in 1951. The American: Medical Association, which led the i pack in 1949, and again in 1950, | was second last year. In third place was the Association ol Ameri- can Railroads. c* others who suffer like he did. Mr. Taylor is trustee and assistant su perintendent of Laurens Road Bap tist church and stands high as a citizen in his community. Relative to Scalfs Indian River Medicine, he writes- MR. TAYLOR “I Suffered Three Years From Bad Kpdlls of Indigestion, Also Had TerribleTramps In Set Out Sweet Potato Sprouts In This Month Sweet potato growers should set out as much of their main or late To Work. Now I’m On My Job, Thanks To Scalfs Indian River Medicine,” Declares Mr. Taylor. When a Tint Christian man like A- Mr. Kirby W. Taylor, of Route 6, Greenville, S. C., volunteers his praise of Scalfs Indian River Med- i icine, there can be no doubt of his to help Special To The Chronicle. Washington, May 20—The biggest ... ,., ,, step toward economy made by tha cro P acreage as possible with cut Eisenhower administration to date i fP routs during May. Hugh A. was the recently announced decis-i Bowers ’ Clemson extension truck ion to cut ex-President Truman’s cr °P s spec^st, says cut sprouts defense budget by $8.5 billion. ! Police potatoes which resemble President Eisenhower said his and a 50 h ave tbe storage quality ^ sincerity and his desire proposed cut in appropriations those produced from vine cut- would not reduce the effective mili tary strength this country has plan ned for itself and ats Allies in 1954. And it is important to note that he does not expect the cut to com pletely balance the budget for the year beginning July 1. But he de clared that his administration is making progress in that direction —and thus toward cutting taxes— TRADE MARK “For three years I suffered from bad spells of indigestion and such terrible cramps in my legs that it was hard for me to stay on my job, which kept me on my feet lots. Of ten my legs ached so badly I could not drive my car home from work without stopping to rub my legs. I feel so much better on Scalfs In dian River Medicine that I can eat with no fear of stomach distress and my legs no longer^bother me. I aTfs Indian River Medicine helps me to stay on my job and I’m thankfui forthar Sortftanks agat for your wonderful medicine. 1 trust it will help others as it has helped me.” Scalfs Indian River Mledicine is time-tested, time-proven and time- honored. Scalfs Indian River Med icine is guaranteed to satisfy or your money back on the very first bottle. Get your bottle of Scalfs Indian River Medicine from your druggist today. On sale at all drug stores. America’s Biggest Cola Value! When you buy the big, BIG 12-ounce bottle of Pepsi-Cola, you get TWO FULL GLASSES in every bottle — yet you ALSO get top quality in every drop. Ounce for ounce, no finer cola! So today, tomorrow, ALWAYS — buy America’s BIGGEST cola value: Pepsi-Cola! Whenever you shop, always take home six big, BIG 12-ounce bottles of Pepsi-Cola for the family! Twelve full glasses — plenty for all! No Finer at Any Price! In Big 12-ounce Bottle PEPSI-COLA BOTTLING CO. GREENVILLE, S. C. 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