The Clinton chronicle. (Clinton, S.C.) 1901-current, May 01, 1958, Image 13
Thurnday. May 1, lt&8
THE CLINTON CHRONIC!
Paf« Talrtaaa
Roger W.
B ARSON
SAYS
Babson Park, Mai,*.—I very sel
dom refer to politics! matter* in
this column, but 1 do wish there
was some way I could interest
readers in writing Dr. Arthur F.
Bum*,, c|o the White House in
Washington, how serious the situa
tion is for many worthy business
es.
Small Basiaessmen Need More
Capital
When money is tight, as it has
been during the past year, the small
businessmen are the greatest suf
ferers. Bankers are human and loan
money first to
their largest de
positors. These,
natu rally, are
“big businesses."
Furthermore the
majority of fail
ures are among
s m a 1-1 business
men, rather than
la r g e concerns.
Xager W. Babem Hence, your lo
cal banker prefers to loan to the
big companies and you cannot
blame him.
I am not much for more govern
ment aid. 1 believe that the country
would be better off in the end to cut
it all out,—to farmers, contractors,
home owners, and veterans. For a
good many years our country pros
pered on a laissez-faire system. I
fear that the present aid to pressure
groups will continue until there is
one grand collapse, when we must
all start over without government
aid. However, that time has not
come yet. The contractor and small
home owner, because of increased
costs, are aided by government gua
rantee of a portion of their loan
when they build a new house In the
same way. the government would be
justified in guaranteeing reasonable
loans to small businessmen to cover
needed taveotonea. improvements to
stores or far tones Washington is
responsible for inflation and should
protect worthy business against its
evil results
Prices mark Ysu Pay
In sddftMo la urging year
to
and wa, oursehret, do what
we can to keep both groups prosper
ous Trying to run a country without
small business is ike trying to ran a
church without a Sunday school.
Let me further say that if big busi
ness becomes too big, it will lead to
socialism, while, without big busi
ness, the small businessman will go
to sleep Finally, all Trustees should
be required to put 10% of their
funds in “risk' 'investments, both
for insurance to the beneficiaries
and for the good of the nation.
comparatively low coat.
The Army's plan for the reor-
gaiazaUon of the Army Reserve
and Army National Guard, recent
ly announced, calls for the elim
mation of six National Guard Di
visions and four Reserve Divisions.
I have expressed myself strongly
to the Secretary of the Army, urg
ing that there be no reduction in
the personnel strength of the
Guard ‘and the Reserve, I have
particularly urged the retention of and one of the best trained hat with the mnM modern weapons
the 51st Division, of South Carolina I do favor the reorsamsation and obtainable I hope the Army will
and Florida, which is the second restraining of National Guard and accomplish Una goal as quickly as
largest National Guard Division | Reserve unit* to fit them for com possible
Sen. Thurmond
Reports
TEXTILE PROBLEMS
Problems of the textile industry
will take a prominent place in the
deliberations o f Congress within
the next few weeks. Congress has
the responsibility of considering an
extension of the Reciprocal Trade
Agreements Act, which is the basis
for our foreign, trade policy.
Competition from cheaply pro
duced foreign textile manufactures
has dealt a series of devastating
blows to the American textile in
dustry. Recently, one of our larg
est cotton manufacturers in South
Carolina reported that the number
of spindles active on cotton in its
mills has decreased to the smallest
number at any time since before
the turn of the century. Since the
end of World War II, the American
textile industry has lost 717 mills,
and 345,000 jobs. This represents
the elimination of roughly a quar
ter of the total jobs in the textile
industry.
The most damaging foreign com
petition comes from Japan, even
though the Japanese have limited
their exports to this country by es
tablishing voluntary quotas. Being
voluntary, these quotas can be
abrogated or modified whenever
the Japanese wish to do so Being
without force of law, they can be
evaded without fear of punishment,
b y such devices as reshipping
through Hoag Kong sad other
ports
The plywood industry has learn
ed about voluntary quotas the hard
way. The quotas that were de
pended upon to protect the ply
wood industry have been abandon
ed Now the plywood Industry has
lost 52 per real sf Ms domestic
market
Csagri m caa save these striekef
If
rotting big business Bath Mg has l^^i
mom and small businons hsvw thmr ttu| ^ ^ ^ Qur
uitatama Bnrh arm* ko*a •■Urn should be m encourage warM
^ 'radt wtueb tensAu .vory—.JlnM
Ysnr Non Wost?
ran .Word in pay a
sre to Oart than caa
a college and hires three young men
at t40S a muoSh with toe idea ef
keeping one and letting the other
taro go Small business cannot af
ford to to> this College graduates
should be very careful not to be
misled in this respect Young peo
ple who lack the ambiUoa to ever
become independent businessmen
will be happier working for big
busmen* But the young man with
initiative, courage, and mdepen
dence is far better off working for
the small businessman and ultimate
ly becoming owner of a business.
I believe there is a place for both
big business and small busines. I
am merely urging that our govem-
vraum:* roar germ
MOM TO RILL Hr
IN ONI MOi R
H nol ptomed. year tor horb at
any drug ronmsr. Tbl. STRONG
grrmlridr ilougbs slf totortsi sbla
l.spoMs tooro fee as to Us hMMa<
IW tot ant drying T4I dny
Now to McGee's Drug
MlS-Jr
WINTRM, UUMMgto
AMO VRAM ’MOUND
AIR OONDITIONBRft
No Doom Payment—
36 Months To Pay
Phone 117—5M
ARTHI'R BENJAMIN
" Licensed—Bonded—Insured
Plumbing—Heating—Electric
Service
AUTO LOANS
Financing and Refinancing
NEW and USED CARS ^
Better Service Than Ever For Our
Many Customers and Friends in
the CLINTON AREA
t—
Washington Motor
Finance Co. of Lauren
N. Harper St, Namr HlfSwdy !• Ry-rbod
Office
AC
OMVaf
comr&L...
Young
TURKEY “
Gorton Froira Fillet
PERCH ’ “ "*
Swilt'i Premium
FRANKS
nmnKSi
KING SIZE VALUES
Pimento Choose 8 Oz Cup
SPREAD 39c
Ch.fi Prul. S.Ud
POTATO '*•« cu ' 25c
V1ENNAS
10 99
RED BIRD
IMITATION
VIENNA SAUSAGE
w
coumti stoml
SWIFT'S
PREMIUM
14 TO 18
LB. AVG.
SHANK
PORTION
LB.
CS EVAPORATED
BUTT
PORTION
LB.
Pick of the Nest
Grade “A" U r
Morion'o Chicken, Borf, Turkey
6 79
B ilk 1 hi4 or\
Hot l up
COFFEE
49.
UB
•AG
caonof goods Discount Safe!
TOiLIT SOAP
1 r " I
Hr j Hi
IVORY
3 - 32c
CS CHERRIES «
39c
*1.13
*2.19
SAVE 57c
ON 12
FXUrr COCKTAIL-
39*
*1.13
*2.19
SAVE Sic
ON ft
TORIT SOAP
CAMAY
PLNCAPPLT
37*
*1.05
*1.99
SAVE 29c
ON 11
3 - 32c
PINTO BEANS
!9«
53*
*1.03
h 1 1
SAVE 17c
ON 11
•lUf OfTftOfNT
CHEER
-34c
MTtROfKt
JUNE PEAS
19*
55*
*1.03
SAVE I7c~
ON 11
HELP PEAS “
19*
53*
—w—»iummuui«to
S/.03
SAVE 17c
ON 11
GREEN BEANS "
29*
83*
*1.59
SAVE 1ST
ON 11
BREEZE
TONY BOG EOOB
IT*
43*
83*
SAVE 17c
ON 11
- 35c
CREAM CORN
27*
75* \
*t.39
SAVE 13c
ON 11
< .%4x»* a
MS*. NBC M
WaLWr b
ton Ml. IS
r.Tt'.i
i«aa 1 oar a
LUX
LIQUID
m
TOMATOES
43c
1.19
2-19
su
PINEAPPLE
57c
1.65
3.15
N**«
IV
POTATOES
25c
69c
1.29
SI#
PI ADD’C
ULMri d *** * * ,s
18c
53c
1.03
to
ORANGE JUICE • . c -
17c |
49c
89c
Ito
ODAPUCTTI ?*
orAunCl II *> kg
19c
55c
1.03
I7«
D-CCTO ,idgat i
D111 S ^ ® CANS
23c
67c
1.25
Ni.n
IV
DUZ
SOAP
j
MU >11 < ltl>P
Mr*. Eva Fergufcon
Mr*. S. J. Martin
Mrs. Carl Elder*
Mra. WtafraU Norrhi
Mr*, j.toa O. Tstoftod
Priren Good
Thru May 3.
19'dt. Ouanlity
ICxh*. Kenri
CARROTS
MM 1 t KOOK M l l.
SQUASH
UOtlRBIHl F
35c REAS
2
*>»*S
LARGE BOX
2
A»
XlMFI Htll IROZI >
HC5
19c
29c
59c
I \Kl.k A HIM’ PAM Al
CELERYH
HU 'll II KMI’ UK Ml *1 \HD
SALADS
MrMlKUVll t OK'
COLLARDS
2
V >MF K|i vl » MiK> UR % I NT LRC ARM M
35c
25c
IDl N
59c
W. PITTS STREET
CLINTON. S C