The Clinton chronicle. (Clinton, S.C.) 1901-current, June 13, 1957, Image 4
Pat* Eight
THE CLINTON CHRONICLE
Thursday, June 13, 1957
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EsUbUabed 1H«
1889 — WILLIAM WILSON HARRIS — June IS. 1955
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March 3, 1879
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CLINTON. S. C . THURSDAY, JUNE 13. 1957
A Lesson From The Robins
During a hot day in May two robins were
t
fighting at a bird bath, thus preventing each
from .bathing. Then something happened.
They quit fighting and bathed side-by-side.
Free men living in a union of friendly
states have learned that more is gained In-
working together, but in many parts of the
world men are still fighting.
In two minutes the robins discovered fight-'
ing is futile—men take longer to learn.
Control Goes With Money
The plan for having the federal govern
ment provide $2 billion in federal aid to the
nation’s schools over a four-year period drew
this comment from Senator Knowland: “My
practical knowledge of Washington leads me
to the conclusion that nothing terminates in
four years. And I have never seen the Fed-
eral Government contribute money without
wanting to exercise control.”
A Revision
OflncomeTaxRates
There are all mafiner of programs^ for ma
jor revision of the federal tax system—a
system which almost literally grew like
Topsy. and which almost everyone finds un
fair of unsatisfactory in some particular or
other.. One of the most thoroughly reasoned
and documented of these programs was made
public al>out two years ago by the National
Association of Manufacturers. The argu
ments and evidence are gathered in a book
let entitled "Facing the Issue of Income Tax
Discrimination,” of which an expanded and
revised edition was published last December.
The primary goal of the program is to re
duce the tax rates which impede economic
growth and thus act as a barrier to the crea
tion of new opportunities and new jobs. Over
a five-year j>eriod, if this program was fol
lowed. sboth individual and corporate income
tax rates would be gradually reduced, until
a top of 35 per cent was achieved. In the view
of the NAM economists, the “rateS lie at the
root of nearly all our tax difficulties.” Those
rates now reach 50 per cent at $16,000 of
taxable income, and go on to 91 per cent.
The maximum corporate rate is 52 per cent.
The lK)oklet observes: “For many years,
’the question of fairness in income taxation
has been avoided by a sort of socialistic j
smokescreen—the relation of taxpaying ca- |
pacity- with what people have, instead of |
what they produce.’’ This has obscured “the
fact that high and discriminatory rates of
income tax harass, penalize and block the ef-
forts of those whose work and investments
are the source of the nation’s economic
strength." The weight of the tax can vividjy
dte ilhistrated by-1 he popular-^W "pfogfafti.
“The $64,000 Question." If a single person
,was to actually net $64,000 after federal tax
es. his gross prize would have to be about-
$450,000.
The l)Ooklet disputes the illusion that the
present progressive income tax rates are
necessary from the revenue standpoint. The
progressive rates (which begin after the
basic rate of 20 per cent) produce only about
17 per cent of total revenue from the individ
ual income tax. All the rest, or 83 per cent, is ’
derived from the basic rate—which is paid
by all incorfi|^taxpayer#, including those in
the very loujesTTaxable bracket. The book
let also supir^ons statistics to show that th<r
present income tax system is proportionate
ly most discriminatory, and most unfair, to
people in the middle income brackets, and to
the smaller businesses which need venture
capital to grow-.
It is obvious that, if people and enterprise
could keep more money after paying their
taxes, more money would flow through the
whole economy, and government’s tax reve
nues would increase as a result of that. The
booklet presents a computation of what its
authors believe would happen in the fifth
calendar year if the five-j-ear gradual re
duction j>lan were followed. According to
this, gains in federal.tax revenue, brought
about largely by increased 'industrial activ
ity of all kinds, would amount to $13,867,-
000,000. Losses, due to reduced rates, would
amount to $12,897,000,000. The excess of
gains over losses—or the bet gain to £he gov
ernment—would thus be $960,000,000.
The booklet is_a detailed and comprehen
sive work. Only a few highlights can be cov
ered in a brief summary. But the plan it pre-
sents-wr clearly a bold and challenging one*
deserving of thorough consideration* by Con
gress. • •
Defense
Against Disaster
The growth of voluntary health insurance
in this country fully deserves the descrip
tive words “extraordinary” and "spectacu-
lar,” > .
According to E. J. Faulkner, president of
the Health Insurance Association of Ameri
ca. since 1941 the number of people protect
ed by hospital insurance has increased 600
per'cent: by surgical insurance, 1,300 per
cent: ancTHy heneraFmedi^al insurarfce 1,700
per cent. In 1951, what iff known as major
medical expense was first introduced—and
in the few years since volume of coverage has
multiplied 50 times.
Putjing the situation another way, 110
million people now have hospital insurance,
94 million have surgical insurance, and 58
million have general medical expense protec
tion. In mid-1956, 7 million had the major
medical expense coverage. ,
The importance of all this to the individ
uals and families concerned is manifest-
adequate medical-coverage is in many cases
the sole defense against financial disaster if
illness'strikes. And it has another, more gen-
“eral iihport^rice^iT
erect
powerful defenses against the economic rav-
ages of illness without undermining our sys
tem of free medicine.
. Mr. Faulkner emphasizes that point. He
says: “One thing is certain, the public’s
demands and the response made by insuring
organizations clearly indicate voluntary
health insurance is America’s answer to the
problem of financing health care cost? on a
‘pick and choose’ basis .without ’ regimenta
tion of the individual, the subordination of
the medical profession to the state, or the
standardization of a health insura-nce panacea
handed to the public in a ‘take-it-because-it’s-
good-for-you’ package.”
300 Presbyterian
Women Expected
Here For School
More than 300 Presbyterian
wonjen from throughout South
Carolina are expected to assemble
for the tenth annual Synodical
Training School on the Fhresbyte-
rian College campus next Mon
day. - *
They will remain throughout
the week attending this accredit
ed school offering courses on re
ligious subjects under the leader
ship of Mrs. R. Grier Robinson,
of Charleston, synodical president
and dean of .the school.
A banquet Monday night will
open the 1957 session. Mrs. A. M.
Bowen, of Newnan, Ga., former
Georgia SyQf^dical president and
a faculty member of the Wom
en's Training School in Montreat,
N. C., will deliver the main ad
dress of this occasion in the PC
diriing hall at 7:00 p. nT
Five days of-classes .will begin
on Tuesday morning, to extendi
through Saturday and the presen- [
tation of certificates and diplomas
at a Juhcheon then. Six courses!
Mrs. R. W. Park, of Olanta, books;
business and finance committee—
Mrs. H. M. iMcLaurin, Jr., M
Wedgefield, Mrs. E. G. McCall, of
Rock Hill, and Mrs. F. S. Hay,
Sr., of Charleston; dining hall—
Mrs. George B. Sheppard.
Clinton FFA Chapter
To Receive Award
At Clemson Meeting
The Clinton High School Chap
ter Future Farmers of America
will be among those singled out
for achievements at the annual
convention of the South Carolina
Association of Future Farmers
Friday at Clemson College.
The Clinton chapter will re
ceive a “Superior Chapter" award,
which will be received by the
chapter’s agriculture teacher, Av
ery Smith. This will be the sec
ond time that the Clinton chap
ter has received the award.
The awards are given to recog
nize local chapters in accomplish
ing outstanding programs of ac
tivities and in providing valuable
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§
out-
are to be taughf by these
standing faculty members:
Dr. Bernard Boyd, chairman of|
the department of religion of the
University of North Carolina—
“Studies in the Minor Prophets”;
Mrs. C. Darby Fulton, wife of the
executive secretary of the Presby
terian Board of World Missions—
"World Missions”; the Re\t J. W.
McQueen, pastor of the Albany
(Ga.) First Presbyterian Church—
“Christian Citizenship”; Mrs. J.
W. McQueen, past member of the
Board of Women’s Work—"Wor
ship”; Dr. Claude H. Pritchard,
secretary of division of home mis- 1
sions—“Church Extension in the
Homeland”; and Mrs. E. L. Se-
cj-est, past president of the Geor
gia Synodical—“Stewardship.”
Registration is set for 2:00-6:00
p. m. on Monday in the lounge of
Bailey Hall. Mrs. G. A. Burton,
of Clinton, registrar and treasurer
this year will find a record at-'§
tendance in this fourth session to *
be held here since Presbyterian
college was designated the perma
nent location. She said a group of
representatives plan to attend
from all eight South Carolina
Presbyterials. ' »
In addition to Mrs. Robinson
and Mrs. Burton, the training
school staff includes; steering
committee—Mrs. O. A. Matthews,
of Bennettsville, chairman; Mrs.
R. M. Engle, of Chester, credits;
fid if &&
fnif 0s
CHECK
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Ip*'
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amounts of money about with you to pay
bills. Pay by check ... the safe, sure, con
venient way. Your cancelled 'checks are
bonafide receipts. Your checkbook stubs
give you a permanent record of every
transaction, and safeguard
duplicate payments.
Bank of (" '
3% Interest Paid On Savings Accounts Semi-Annually
Member Federal Deposit Insurance Corporation
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7“
SENSING THE NEWS
By THURMAN SENSING.
a Executive Vice President
Southern States Industrial Council
FOREIGN AID PHOBIA
It-is estimated that by the end of this fiscal
year, June 30, we shall have poured out $62 billion
in foreign aid since the end of World War 11. We
shall also have at that time a balance of $8 billion
authorized for foreign aid but u-n spent. This
amount, of course, will eventually be expended—
who” "ever heard of a government bureau turning
unexpended money back into the Treasury?—thus
making certain, a total expenditure for foreign aid
of $70 billion. On top of all this, the Administra
tion is asking for $4 billion more for the next fis
cal year. That would make $74 billion. And after
that—on and on! ■
This nation of ours has become very similar to
the punch-drunk fighter character of our favorite
comedian. We hear* birds flying over when there
are no birds. We hear bells ringing when there
are no bells. We live in continual fright when
there is no reason to be afraid.
We are afraid communism will take over the
world if we don't keep pouring out billions* of dol
lars. We don’t stop to think that communism is
not Stopped by dollars, it is stopped by ideas. We
should do everything necessary for self defense—
but there 4s nothing in history to make us fearful
"that the ideology of communism will replace that
of freedom.
The trouble is that we adopted a philosophy
about twenty-five years ago that we could get ev
erything we wanted if we just spent enough mon
ey. W§ tried to spend ourselves out of the depres
sion. This effort failed miserably. Now we are
trying to spend ourselves into safety from so
cialism and communism. Any such effort is also
doomed to failure. *
Money just won’t buy everything. In fact, in
many cases pure expenditure of money makes
worse the conditions yoii are trying to cure.
As long as we keep doling out economic aid to
other nations, these nations will do very little to
ward improving their own economic lot. As long
as we keep pouring-out militafy aid to other na
tions, these nations will do little toward defending
themselves. As long as we keep giving nations
billions of dollars bcause they threaten to go com
munist, they will continue the threat. In other
words, as long as we are willing to keep passing
out our billions, there will be no lack in the de
mand for them.
All this means that if we continue to look at
our policy of foreign aid from the basis of fear and
from the viewpoint of demand, then there will
never be any end to it, because we can always find
something to fear and there will always be those
who will accept our dollars.
Who can say that our foreign aid program has
produced any real and lasting benefit—to us or to
the world? For sure, our own national debt would
be $70 billion less if we had never started it. And
just as certainly, those nations who believed in
freedom would have hnaintained that belief, and
would have regained a more real prosperity by
attaining it by their own efforts in their own way.
We are not talking here about military al
liances, about our participation in the United Na
tions, about trading with other countries—we are
talking about trying to buy friends by giving them
money.- Has it worked? We helped Indonesia
gain their independence'and gave them millions of
dollars. At their last-election, they voted to go
communist! Formosa owes its very existence to
the U. S.—now they are rioting against us! Hie
nations we have helped most—rGreat Britain and
France—have now decided on full trade with
Communist China against our .expressed wishes!
In many nations over the earth where we have
given money are seen the signs, “Go home, Ameri
cans. These are just a few of many illustrations
•of failure that could be cited.
as seen
in VHfa
and other
Sunday
newspapers
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educational experiences for chap
ter members. , ^ .
David H. Cromer, of Cross Hill,
Rt, 1, a member of the Clinton
High School Chapter, will receive
the State Fanner degree at the
meeting.
Get Polio Shots
Before June 30
1 Mrs. Annie Waldrep, County
Hellth Nurse, announces that po
lio shots, which are being given
to children from 6 months to 20
years of age at the Health Cen
ter, will be discontinued June 30.
The Health Center is open every
Tuesday morning from 10:00 A.
M. to 12 o’clock and Thursday af
ternoon from 2:00 P. M. to 4:30 P.
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