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.1^ Thursday, March 15, 1956 THIS CLINTON CHRONICLE u Faff* Eton* By SPECTATOR.. COMMENTS on MEN AND THINGS The President^ #«d Sec re tray Dulles insist oA'a loi^-range pre' gram of assistance for underde : veioped nations throughout the world. Mr. Dulles impresses me as a fine gentleman, an honorable man, one who loves his fellow- man. but who is star-gazing and day dreaming^ the President is, likewise, of splendid intention and lofty motive, but unpractical and emotional. M S' If we Americans could be re stored to common sense w’e would turn our attention to conditions at home. We do such absurd and ridiculuos things as to plan and spend for all the world, wdiile our people pav the J&ills and en- dure burdensome taxation. I won der and wonder why there isn’t at least a modicum of sound judg ment in the Congress. Certainly American citizens should be cori-^ sidered first; we shoujd impose only such taxation as may be nec essary to operate qur Government in its prime function of adminis? tering the necessary laws. As it is we are suffering from both il lusions and hallucinations in both our foreign and domestic affairs. Our foolish programs and com mitments are the folly of both political parties: in fact, we seem to have a keen competition in utter imbecility in some political ideas. „ If the world prefers commun ism. let it have communism; we can’t afford to pour out our blood and treasure in thin trickles all over the world. If Communism is the saving grace of mankind let the misguided people try it 1 and learn what is right through their own stupidity and failure. The urgency for curbs on all branches of the government may have been emphasized by the racial issue, but there are a doz en other issues which cry aloud for correction. In the United * States w-e most urgently need a restoration of sound government on Constitutional foundations. * • • What is being taught in our schools, colleges and universi- tfts? I recall a meeting irl Co lumbia ten years, or more, ago, at w hich a college professor, a teach er m a college of this state, ex claimed hysterically, “Let us throw’ out the damnable profit motive.” Is that sort 6f thing be ing taught now? I w’onder. A young man attending a Uni versity in this country wrote about a course in economics as given in his institution and I quote it: “At the present time I am about two-thirds of the way through my junior year, following the pro gram leading to a B.S. degree in Electrical Engineering. As a re sult of some of the courses I have taken so far, I've reached the con clusion that most businessmen are ticular, I am referring to the so- not aware of what is being taught in some of these courses. In par- called ‘liberal arts’ subjects such as Government and Economics. In order to be more specific, I will confine my remarks to the par ticular course in economics which all engineering students are re quired, to take, although the sub ject-matter in other, courses fol lows the same general trend. It can't be said that the student isn't warned about what the course will be like because the authors of the economic textbook used here clearly state in the foreword that they have placed least emphasis on private claims and most on the means for 'serv ing social progress'. Reading on, it soon becomes clear that the au thors feel social progress can best be served by ‘conscious social organization.’ by ‘reforming’ the market and industries to make them serve the needs of the ‘larg est number of people’, by increas ed government responsibility, and by greater restraint on the ac tions of ‘irressponsible’ private businessmen. Starting with some of the ear lier econpmic theories, the text book informs, the student that Adam Smith developed the for mula that ‘put* a halp of morality around naked selfishness and greed’, making this rule of busi ness 'palatable and respectable’; whereas, on the other hand the ‘logic of Marx's position was irre futable’.” Adam Smith was the early au thority on what we used to call Political Economy, now’ generally known as Economics. Marx was hte great advocate of Socialism and is the inspiration of Russian Communism. In repudiating Ar am Smith and praising Marx we have the issue in a nut shell. So far as sound Economics is con cerned we might as well say that w’e repudiate the Ten Command- Mount and express our allegiance ments and the Sermon on the 1 to his Satanic Majesty on the ground of reaching the greatest | number in the shortest time. "Soon after w’e come to the part jconcerned with the 1929 depres sion. 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Find out how little it costs to boost grain and grass yields the FERAN way! that it ‘championed the rights and welfare of the common man’, it was a notable advance over the policies of President Hoover, and recognized that government inter vention in the economy was im perative in the emergency and Would be required in ‘numerous areas’ in the future. According to the book, the best way to preserve'the system of private capitalism is through steeply progressive income taxes along with high inheritance and gift taxes. Even so, developments in Britain since the war strongly suggest that social planning will supersede the ‘hit or miss’ econo my which has survived in this country. The experiment in Brit ain seems to show that public en terprise is ‘surer and more re sourceful than private enterprise can be’, and that security and progress can be obtained by no other means.” The British seem to have mud dled things very badly in their so cialistic experiment and have broken away from much of it. So far as progressing through steeply raising income taxes, in heritance and gift taxes they overlook a mainspring of human progress. If men must pay most of their earnings in taxes they will have no desire to use their capital and ability to earn. The result of that cripples all enter-' prise, stifles it. In the little town in which I live there is a small enterprise, but three or four hundred women earn a living there. How flid that enterprise get there? By citizens of the com munity putting up the money for the building. Where did the mon ey come from? From their sav ings. If a man must pay too heav ily in taxes he will literally “blow in’ ’or, rather,* ‘blow away” all that he has. That applies equal ly, of course, to providing for his family after his death. Speaking of government, it is not the American ideal to regu late income and inheritance by taxation; the government is sup posed to be our servant, not our master or dictator. “Concerning the Federal budg-‘ et, we are told that ‘deficit fi nancing’ is a term of reproach and an incorrect description, in that while there are red figures on the Treasury’s books, the econo my is getting richer because of the public spending money. Fur thermore, the Federal debt is lit tle or no economic burden to the country, it is merely an account ing trick; ‘the left pocket owes money to the right pocket.’ Moving on to post-war develop ments, we find that the Taft-Hart- ley Act ‘was a threat to the prog ress of all organized labor’, and unions discovered that ‘trying to live with the law was the passing over a military terrain that had been mined by the enemy’. At the present time, the most urgent needs are extension of benefits and coverage of Social Security, furhter guarantees of civil lib erties, elimination of slums, rais ing diets to ‘minimum adequacy’, ‘effective educational opportuni ties made ayailable to all”, and a compulsory health insurance; pro gram; all these things done by ‘immediate’ Federal action, The main problem confrontniff us in the future is the question of whether we want planning by and for private interests or by pr- ganzied society for the public wel fare. We are assured, however, that public claims will surely ad vance. As another indication of the authors’ thinking, the book in- froms the student that ’coopera tive production enterprises may be owned by those who work in them, as notably the kolkhozes (farms) and cartels (factories and workshops) of the Soviet Union’, and that the Soviet consumers are presented with cnosiderable va riety in many classes of goods. I could cite many more specif ic examples, but they would just be repetitious of these already, given.- Not once, throughout the entire book, did I find a single reference or statement that could be taken as tkfing favorable to free enterprise. The impression is given that the only reason Amer ica enjoys a high standard of liv ing is because of the efforts of the political and bureaucratic ‘hu manitarian reformers’ in Wash ington. Theover-all theme of the textbook can be summed up in one sentence: Public (govern ment) enterprise is right. I might add that this is the^ only course in SEE YOUR FERAN DEALER TODAY! general economics that 99 per cent of the engineering students at our college will ever take. It seems difficult to believe that the idea of private enterprise will be able to survive in this country as long as there is no effective effort to contradict the Social ist propaganda now being taught the majority of college students. It is for this reason that I feel it would be helpful if businesstpen would take more interest in the matter. Otherwise freedmo and free enterprise will lose by de fault.” We may not be true Apostles of the Most High nor worthy ex amples of the Nazarene but we respect the wisdom of the Omni potent and Omniscient Being who made all creation, including even the learned scholars who write and teach Such balderdash as I’ve been quoting. The Great Teacher taught the profit-motive in the illustration of the man who gave the pound to each of ten men and commend ed the man who earned a profit of ten pounds and the other who earned the profit of five. Of course he was not interested in mere money; but the principle pa- plies generally: we must use what is given us productively. The Great Jehovah spoke to men, not governments; and the Messiah laid down rules for men, not governments. Governments are merly to presreve order, pro tect all men in the enjoyment of th fruits of their labor. Govern ments among men are not sup- iposed to oppress the strong and coddle the weak. We are in grave danger of becoming a nation of milk-sops, instead of free, ener getic, exploring, risk-taking and productive spirits. We should en courage men to be strong so that our nation may thrive on strength. Are All Cold Remedies Alike? No! For example, 686 ie the wide- activity medicine, which combines 4 of the moet effective, widely-pre scribed drug! known, to relieve all cold miseries sooner. 666 is more potent and fivea positive, dramatic, rapid relief from miseries of uil kind* of colds. That's why 666 is masur- in effectiveness. Try it. No other cold remedy eon match 666 liquid or 666 Cold Tablet*. 666 County .Records Calvin L. Bridges to Ernest A. Duncan and Julia W. Duncan, 30 acres in Waterloo Township, for $4,500.00. W. E. Dunlap, Cleric of Court, to Mrs. Kate H. Pearce, 2 acres bounded by lands of Jennie Mc- Chesney, for $300.00. Omie B. Jennings to Sam H. Sexton, lot on Lake Greenwood, Waterloo Township, for $1,500.00. Congreve Jackson to Ruby B. Parks, lot in the Town of Foun tain Inn, for $500.00. Carroll W. Copeland to Joe H. Bonds, lot on Shands street ex tension, for $900.00. Joe H. Bonds to Ruby B. Ray, lot on Shands street, Clinton, for $10.00 and other considerations. Marriage Licenses Issued Wallace George Tucker, Foun tain Inn, and Yvonne Grubbs, Fountain Inn. frames Graham Vaughn, Enoree, and Blanche Joyce Murphy, En oree. * , Richard Gary Belue, Chesnee, and Ina Louvenia Demsdale, Spartanburg. Sanford Daryl Foster, Clinton, and Clara Estelle Heaton, Clin ton. Henry Lee Aikens, Laurens, and Hazel Marie Brooks, Laurens. Ernest Brown, Fountain Inn, and Brighty Creswell, Fountain Inn. IF YOU DON’T READ L r THE CHRONICLE YOU DONT GET THE NEWS Phone 74 NERVOUS? Try Chiropractic DR. C. J. HART Laurens, S. C. PHONE HOURS 22501 9-12 2723 3-6 1 . FINAL SETTLEMENT Take notice that on the 26th day of April. 1656, I will render a final account of my acts and do ings as Administrator of the es tate of Alex Kinard in the office of the Judge of Probate of Laur ens county, st 10 o’clock a. m. end on the same day win apply for a final discharge from my trust as Administrator. Any person indebted to said es tate is notified and required to make payment on or before that date; and aU persons having claims against sadd estate will present them on or before said date, duly proven or be forever barred. AUiREL£A KXNAftD, - Administratrix/ Feb. 16, 1656. Mar. 16-4tcw Gray Funeral Home Clinton, S. C f r.SKKAL I)IRE(TORS K.vim mi:r> Pbor.es *i and 3 r, ' 5 l Wim LAN'CF si r,\ It }. ••Tell Mr. Washington I expect results amj moment now" :::a::::xr.z::::zzzxz^ Savings Accounts 3%-DIVIDEND-3% We invite savings accounts from the people of Clin ton and vicinity. You will like our friendly and efficient service, and you will 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 Fed eral Savings and Loan Insurance Corporation. Two people may have up to $30,000 fully insured. Accounts by mail promptly acknowledged. 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