The Clinton chronicle. (Clinton, S.C.) 1901-current, May 28, 1953, Image 9

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The Chronicle Strives To Be A Clean News paper, Complete, Newsy and Reliable Volume LIV (Ebromrlf If You Don’t Read The Chronicle You Don’t Get (he New* Clinton, S. C, Thursday, May 28, F953 Number 22 BARSON DISCUSSES YOUR FINANCES Babson Park, Mass., May 28.— How heavily, without 'danger, can you as an individual go into debt? How large a mortgage can you han dle and, at the same time make in stallment payments on a new car, TV, and a home freezer? These are good times; the best ever, we are told. Yet, in some sections six times as many persons are failing to meet their installment payments on time as failed in normal times. How ar e you fixed? At* You Rolling In Money The U. S. Department of Com merce reported personal earnings of $268 3 billions for 1952—a 5 1-2 per cent jump over 1951. The pay rolls of private in- du s t r y accounted for much of the increase. Gov e r n- ment payrolls, which included the miliatry were up 13 per cent. The report implies that almost everybody but the farmer should be rolling in money. * The all-time income high for fartners came in 1947 with a net of $16.7 billions. 1950 dropped about 25 per cent from 1947. But Korea boosted output and prices and the net for the farmer moved up again to a little better than $14 billions for 1951. 1952 dropped back slightly from 1951' and a further 5 per cent drop in net income is ex pected for 1953. Perhaps the farm er is not rolling in money. Wageworkers Are t'rospenous Are you one of those whose in come has increased? Are you bet ter off toay than ever before? You’re not* A short time ago I saw an analysis of figures on national income. Here’s what I found.. In 1950, the top 20 per cent of our wage earn ers held 93 per cent of our savings, leaving 80 per cent of the pecula tion with only 79 per cent of the Roger W. Babies national savings. We are gleeful about our pros- penty- and the wageworkers should be very thankful. The average earnings of the industrial worker in this multi-billion income year of 1953 are $T2 per week, which is about $10 per capita higher than in 1951. This sounds like almost everybody is well off- Yet to hear labor union officials talk you would think wageworkers are not enjoy ing their share of the prosperity. Statistics show that these labor leaders are not telling the truth. Are You Spending Too Much? If you cannot meet all of your monthly bills on-» time, including your installment payments, you should make out a careful budget and follow it. You ought to now get yourself back on a pay-as-you- go basis in addition to building up your liquid assets—that is, savings accounts and Government bonds. We must avoid a too large national consumer debt now $25.7 billions Our installment credit accounts alone are now reaching $19.3 bil lions of this debt. Our national economic problem is that our consumer debt has been rising faster than has the amount of money that people have avail able to spend. People cannot con tinue to go further into debt each year without either increasing their production and sooner or later experiencing real financial difficuties. Are You Saving Enough? In these good times it’s also shocking to discover that the me dian liquid Musset holdings of all U. S. families (money readily avail able, savings accounts, stocks and was spending that year $200 more than it was taking in. This does not give the complete story; but the situation is serious and should be corrected either by spending less or by producing more. Let Ui All Produce More Surely our standard of living has increased remarkably in the last decade; people have more refrig erators, appliances, automobiles, and homes. We have, however, as a nation, lacked the moral stamina to work harder and longer to de serve these blessings and have re serves for an emergency. Now is the time to save more. Also, try' to pay more down on anything which you buy on installment or other forms of credit. bonds) have decreased 50 per cent, Let me tell you why. from $470 in 1947 to $230 in 1952. Many economists received cjuite a jolt a short time ago when the Bureau of Labor Statistics an nounced thg results of the financial condition of some 12,000 families it studied in 1950. Its preliminary report read as if the average family No Cancer or Dental Decay Among Natives of Africa “In spite of the witch doctors and their almost inhuman practices and in the absence of modern sanitation, there is no cancer, dental decay nor appendicitis among the primitive peoples of Africa,” said Dr. R. N Thompson, Chiropractic Christian Missionary to Ethiopia, before the S. C. Chicopractic Association at its annual meeting at Myrtle Beach last week, as reported by Dr. C. J. Hart of Laurens. . Dr. Thompson attributed the ab sence of these diseases among primi tive pepoles to the eating of foods grown in their natural state rather than with the use of artificial fertil izer, to the use of fresh foods with out poisonous preservatives, to prop er exercise and to natural sleep. Due to consumption of fresh foods instead of tinned foods and also to scarcity of foods, there is no overeating and overworking of vital organs of the body he said. Dr. Thompson a native of Canada, is a graduate of the Palmer School of Chiropractic. He has spent nine area have not renewed their drivers years in Ethiopia where he has been license. This is to remind the driving) expounding the Christian faith and public that the present drivers li- practicing his profession. He and Renew Your Driver's License, Patrol Urges According to Lt. J. G. Huff, Com manding Officer of the South Caro lina highway patrol in this district, a large percentage of drivers in this X FOR THAT HOLIDAY WEEK-END GET PLENTY OF PEPSI NOW ADD SPARKLE TO YOUR PARTY . . . SERVE cense expires June 30, 1953. You may secure your new driver’s license over the counter in this sec tion at highway patrol offices located at Greenwood, Greenville, Columbia, Anderson, and Spartanurg or you earnings or may send your" full name, address, or description. Mail same tb S. C. Highway Dept., Columbia along with a money order for 60 cents if a metal license is desired, or money order for 50 cents if a paper license is wanted. Information pertaining to drivers license may be sent to Co lumbia on any type of paper just so it is legible. However, if desired a supply of drivers license renewal forrps have been printed for your convenience and placed at Giles Chevrolet Co., Clinton, Milam-Poole Chevrolet Co., Laurens. Also at the Clinton and Laurens Police depart ments, Laurens County Sheriff’s of fice, or any highway patrolman will furnish forms it is announced. Motorists are informed not to de lay securing their drivers license be- force July 1, 1953, as anyone failing to renew license before deadline will have to take the complete driver’s li cense examinations over. It is ad- viseable to place your application immediately so as to avoid last min. ute rush. Mrs. Thompson will return to Ethio pia this month and he is expected to take charge of a large leper colony. ' - ^ » t . r • ; x More Bounce To the Ounce Competent Chiropractic Health Care THE R. C. BOLEN CHIROPRACTIC CLINIC Edward Arms Apartment Bldg. Greenwood, S. C. Phone 9-6210 Dr. W. W. Adams VETERINARIAN 614 Musgrove Street Clinton, S. C. Phones: Office 958 Residence 991-W No Finer at Any Price! In Big 12-ounce Bottle , KEEP A SUPPLY IN VOI R HOME REFRIGERATOR PEPSI COLA BOTTLING CO. GREENVILLE, S. C. Say "I Saw It In The Chronicle" — Thank You! What • heaety! Youngstown Kitchens 54* cabinet sink...handsome^ styled for new kitchen beauty. Whof ■ volee! Sturdy steel construction ... loaded with timesirving, , work^aving* features. 1 Whet a bargain! See this amazing value at a new low price. Hurry while this offer still lasts. Feature-pocked for value! One piece, add-resisting porcelain-enameled steel top • Giant, twin drainboards • Deep, roomy, no-splash bowl • Beautiful chroma-plated handles • Impressed soap dish • Swing ing mixing-faucet provides exact water temperature desired • Crumb-cup strainer catches refuse, half-turn converts bowl to dishpan • Wipe-dean, Hi-Bake enamel finbh • Easy- to-clean, rounded contours • Rubber bumpers cushion door dosings; positive-acting torpedo catches • Recessed toe and knee space makes standing easier • Right height (36*) for easy ^ Standing • STEEL construction throughout • Plus many more Youngstown Kitchens Food Waste Disposer easily installed r 0UW%tfc/{M4 Baldwin Appliance Co. South Bread St. Phone 82 County Draft Board Calls 24 For Army Service The Laurens county draft board sent 24 young men to Fort Jackson ! Tuesday for induction into the armed 1 forces Chairman J. B. Lewis an- houncecn Those included in the released list are: James Austin Chandler, Hershtl Lee Lawson, Billy Ray Heaton, and Jimmy Ray Suttle, Clinton; Richard Carl Harris, Greenville; Jones Wil liam Goodwin, David Gwinn Coker and Jack Edward Willis of Fountain Inn; Also, Franklin Milton Chapman, Mitthell Ediston Henley, Roy Clark Simpson, Tommy Lamar O’Dell, Ware Shoals; Charles Earl Pulley, Larry Benjamin Boyd, Walter Rob ertson, Ernest Roosevelt Butler and John Henry Carter of Laurensr James Harold Davis, Joe Stewart Thomason, Richard Bobo Edwards and Herman Alvis Thompson of Gray Court; Clayton Kirby Woods of Honea Path; Ollie Dotson, Due West. (Lewis also announced that two volunteers wall also report for duty from Laurens. They are Willie James Bailey and James Wesley Dendy. A total of 70 registrants reported for their physical examinations on May 19. Dr. Fred E. Holcombe OPTOMETRIST Offices at 200 South Broad St. Phone 658 Office Honrs 9:00 to 5:30 Gray Funeral Home Clinton S. C. FI NERAL DIRECTORS ...and... EM BALMERS Phones 41 and 399-.1 LANCE SERVICE L RCSSELL GRAY and W PARKS \DAIR, Gen. Msrv GRAND OPENING! VARSITY DAIRY BAR TODAY ~ THURSDAY, MAY 28th. A cordial invitation is extended the public to ~ visit us on our opening day FREE ICE CREAM CONES FROM 3 to 5 P. M. Quality Ice Cream Sold by the Cone, and in Bulk, Sundaes, Malts, Milk Shakes. WE INVITE YOU TO VISIT US f Varsity Dairy Bar Norman L. Sloan, Prop. South Broad St, Opposite Johnson’s Super-Market