The Clinton chronicle. (Clinton, S.C.) 1901-current, August 13, 1953, Image 11
Thursday, August 13, 1953
THE CLINTON CHRONICLE
Page Three
Congressmen Say
More Cuts Needed
To Balance Budget
Washington, August 9. — Influ
ential congressmen said today Prse-
ident Eisenhower must cut his de
fense costs again next year if he
wants to keep his sights on a bal
anced budget.
Both Republicans and Democrats
agreed in separate interviews that
promised and probable .tax cuts in
1954 will automatically require fur
ther reductions in budget requests.
Major cuts can come only from
military and foreign aid spending,
they added.
But the congressmen split sharp
ly along party lines on the question
of whether the cuts could be made
without endangering national de
fense.
Prolonged and heavy debate on
this issue is expected when Con
gress reconvenes in January for a
dramatic election-year session.
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Health Thoughts
By DR. J. W. JONES. JR.
Spine failure does not always
dreduce pain or discomfort in
he back unless there is acute
sackache or lumbago, therefore,
nost persons are not aware of
iny misalignment of the verte-
arae of the spine
Don’t be misled. In the great
najority of cases the effects of
spine failure are observed at
some distant point remote from
the spine. For example: neu-
’itis in an arm or leg; headache;
nalfunction of the kidneys,
stomach, liver or other organ.
Because of this fact you can be
jxcused for not recognizing the
:ause of your illness or pain be-
ng located in the area of the
spinal column.
If ’ YOU have been doctoring
!or some time, yet find yourself
>nly relieved and not entirely
veil, might it not be wise to try
something different, some new
approach and means to locate
and remove the cause, rather
;han to continue treating the ef
fects?
In the spirit of sincere help
fulness, it may be suggested that
fou consult a modern, scientific
CHIROPRACTOR. It may mark
the day when YOU start on the
road to vibrant health.
Don’t be one of those persons
ivho would, literally, rather die
than consult a chirorpractor'
(One of a series of articles pub-
ished in the public interest to
explain and illustrate the practice
>f scientific Chiropractic, written
jy Dr. J. W. Jones, Jr., whose of
fices are located over Prather.
Simpson Furniture Co., Clinton,
felephone 1023.)
Do you know the wonders of oil?
“This is an era which has been
variously called the Oil Age, the
Chemical Age—and the Atom Age.
Each is a restricted term which
belies the. intricate and integrated
nature of our civilization. No seg
ment of the U. S. economy stands
alone. And in the last analysis,
each advance in science, technique
and knowledge must mean the co
related progress of all industry—
and all mankind.
Nevertheless, no one can dis
count the profound and fundamen
tal effects of petroleum upon the
American way of life. As a cheap,
convenient and plentiful source of
power, oil today supplies 63 per
cent of total U. S. energy require
ments. Last year it took 2 6 bil
lion barrels of petroleum products
to fill domestic demand—an aver
age of 714 gallons a citizen, com
pared with 533 gallons in 1946.
Such is the tremendous achieve
ment of an industry which started
less than a century ago when Col.
Edward Laurentine Drake drilled
the first oil well in Titusville, Pa.
Because of petroleum,, the U. S. is
a nation on wheels and wings and
tracks. Its 3,300,000 miles of high
ways, streets and turnpikes are
jammed with 44,000,000 passenger
cars, plus 9,000,000 trucks and
buses. Some 90,000 civil aircraft,
not counting warplanes, skim the
skyways; 21,000 diesel locomotives
account for 65 per cent of the gross
ton-miles of U. S. railroads. On the
nation’s farms, oil powers 4,200,000
tractors, 887,000 combines and 588,-
000 corn pickers.
And as mankind gains in know-
lelge, the application of petroleum
reaches further into every fact of
American life. Oil helps make
plastics, synthetic rubber and tex
tiles, detergents, insecticides and
fertilizer. Just as significant is the
trend toward replacement of other
raw materials.
The industry foots an annual
bill of $130,000,000 for pure re
search, employes 20,000 scientists
and technicians to pull new tricks
out of petroleum’s hydrocarbon
molecule.
Though petrochemicals may be
a bulwark of the future, they are
now only a ‘highly profitable” ad
junct of the industry’s big busi
ness of producing, refining and
marketing oil. Motor fuels and
heating oils use about 64 per cent
of petroleum liquids these days.
In almost any other industry,
such as a clear-cut outlook would
seem wondrous indeed. Still and
all it does not compare with the
fast increase in demand between
1946 and 1951. And to an indus
try which has almost tripled in size
in the past 20 years, the horizon
harbors plenty of problems.
Biggest reason is the current
world-wide surplus of oil. Even
without Iran, the Free World pro
duces around 12,000,000 barrels of
crude a day in the U. S. alone, a
record 6,500,00 ;0 barrels of crude
and gasoline condensate flow daily
from the nation’s 485,000 producing
wells.
At the same time, around 1,000,-
000 barrels of crude and petroleum
products were imported every day,
mostly from Venezeula.
In Texas, source of 40 per cent
of all U. S. oil, May production was
2,894,000 barrels a day or 465,000
barrels below the November ,1952,
peak. Things have picked up since,
for July is 3,047,000 barrels.”
What flow’s under our swamps
and sand hills? If we bore ten
thousand feet what may be found
in South Carolina? Such an en
terprise would cost hundreds of
thousands of dollars. Some day,
perhaps.
Are w r e tied to Great Britain? It
is confusing when we read that
Britain’s trade with Red, or Com
munist China was three times
greater during the first five months
of this year than in a like penod of
1952.
“The Board of Trade released
figures showing Britain’s business
figures showing Britain’s business
in non-strategic goods with Red
China is climbing—despite Ameri
can congressional complaints. At
the same time, the Foreign Office
reaffirmed, it is Britain’s policy to
continue and develop such non-
strategic trade with the Peiping
government and any other Com
munist nations; and a spokesman
for a private British group which
negotiated in Pieping with Com
munist authorities said in London
that a team of British businessmen
wall come out of Pieping in a few
days With contracts worth $33.6
millions.
The Board of Trade disclosed
Britain and Red China did. $15,-
680,000 worth of business with each
other in the first five months of
this year. This almost trebled a
total of $5,900,000 in the like period
of 1952. British exports to China,
a spokesman said, were entirely
non-strategic. He listed the main
items involved as woolen goods,
chemicals and fertilizers, machin
ery mainly for textiles and semi
finished iron, steel and non-fer
rous goods.
China’s main exports to Britain
were raw hair, bristles, fats and
oils and some animal and food
products.
Britain bought about $8,400,000
worth of Chinese goods up to the
end of May this year and sold $7,-
280,000 worth of British goods.
Comparable figures for the like pe
riod last year were $5 million and
$900,000.”
And now let us look at France:
"The French government
squelched a move by private busi
nessmen to revive trade with Red
China and ship strategic goods to
the Communists. The move got
underway May 19, when 16 French
businessmen left for Peking to
sound out Chinese officials on pos
sibilities of mqre trade. They re
turned recently—after three weeks
of taks—with a plan providing for
the equivalent of $28.5 million of
new trade annually each way be
tween France and Red China.
France’s Ministry of Economic
Affairs however, has refused ex
port licenses for the bulk of the
proposed trade. French officials
disclosed this was in line with
promises by Foreign Minister
Georges Bidault at the recent West
ern Big Three ministers’ meeting
in Washington, that France would
embargo shipments of strategic
steel products to the Reds. Such
products made up much of the pro
posed French-Chinese trade accord.
It is now expected the upshot of
the private trade talks will be only
the exchange of not much more
than the equivalent of $100,000 of
French fertilizer for equal value of
Chinese tea and other products.
French officials declared the
matter is closed and voiced the
opinion that a truce in Korea
wouldn’t alter their position.”
Then let us look at this
"American aid to France and the
French Union has totaled over $10.-
5 billion since the World War H,
the American Muutal Security Of
fice reported. The figure was con
tained in a bulletin published by
the mission, which administers the
M. S. A. program in France. This
aid approximately equals the total
present French budget for one year.
Of the total $10,501,300,000 in aid,
$2,175,600,000 was in long term
loans at low interest. The rest was
in outright grants, the biggest,
$5,100,000,000 for finished military
products supplied to France, in
cluding recent shipments to IndO-
China.
Don’t you think we would do
well to build America? We are
throwing away a lot of money.
THERE'S
'KoolfM-i
SOfT
Shopping The Town
Got You Down?...
Sovt
Stops, Time,
Trouble
Take a Look
in the
YELLOW PAGES
of Your Telephone Directory
Say—
"I SAW IT IN THE CHRONICLE’
Thank You
IN THE AIR OVER
YOUR TOWN
Magic is in the air—
the familiar magic of your
favorite network radio pro
grams, brought to your radio sta
tion over Bell telephone circuits.
£The transmission of network radio
over telephone facilities is just one
of many developments that sprang
from basic Bell telephone research to
enrich the lives of millions. The micro-
wave radio relay, which carries Long Dis
tance calls and network television, and the
sending of news photographs over telephone
wires also grew out of the constant search
for new magic to make your service ever better. ★
It takes more than magic, however, to keep telephone
service growing with the community. It takes a finan-
cia’ly healthy Telephone Company, with earnings high
enough to keep service good tcuay—and growing tomorrow.
SOUTHERN BELL
TELEPHONE AND TELEGRAPH
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West Main Street Clinton, S, C,
Phone 26