The Clinton chronicle. (Clinton, S.C.) 1901-current, January 01, 1959, Image 2

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rHE C LINTON CHRONin 1. ItSt Delegation To Have Open Meet Monday TV 1-aarrM Codiitv lextolaUvr ridruaUM Mil VM an oprn mrH in* on Wanday, Jan. S. at 10 IHI a. m. In IV court room in Ijiurrna. TV p«Mir la iavit^d. TV ■M^iian. according U Sea- alar Eat art C. Wasson, is for tV • purpoar «f id via n Merested cltl- rro* tV apportanily to offer sur- RostioaB m proposed legisiation or make mjaests for appropria tions. TV deleRatioo will hear these matters as information, the Sen ator saM, consideration and ac. tioa hebt£ deferred. 6piomeini&t Office Hours 9-5:30 200 Sauth Hroad St. PHONE 658 OR. FREf) E. HOLCOMRE Personal Mention Mr and Mrs E W F elk nor <d Knoxville. Tenn., and Mtsa Merle Hodges of Momstonn. Tenn . were Rucnts several days last week of Mrs. Frank Miller and Mrs Loilis M Hardy Mrs. Hardy and chil dren, Susie and Frankie Fdknor, returned to their home in Camden Sunday after spending the week with her mother, Mrs. Miller, N CASONS WT1X EKTUEN Mr. and Mr*. 1-. E. Caoon will retarn this weyk-end from a visit with relative* in (TutWaiiooga. Tenn., Atlanta. Ga„ and HtnUs- villr, Ala. They spent Christmas with their son and daughter-in- law, IX. and Mrs. Robert Cason and were gaests of the former Mrs. Cason's sister, Mrs. Daisy Tomer, in Atlanta. Mr. and Mrs. David Ross of Rich mond. Va., visited Mrs. Ross’ pa rents, Dr and Mrs. T. Layton Fra ser, during the holidays. Mrs. Howard Smith and children have been spending the past week in Mullins with her mother, Mrs. Frances McGowan Mrs. McGowan ww here for Christmas and they accompanied her home. Mr and Mrs J. B Templeton visited their daughter. Miss Miriam Templeton, in Augusta. Ga , Christ mas Day. Mrs. J H Leighton of Lowell, Mass . has been spendnig the past week with her son and daughter-in- law. Mr and Mrs .tame* F. Leigh- lion. Mr and Mr* Akex (Tuickshanks and son. Sandy, of Columbia, visit ed Mrs Cruickshanks parents, Mr and Mrs W. G. King, during 1 the holiday* Mr and Mr* Joe Frye and httle son of Chapel Hill. N C., spent the Christmas holidays with Mrs. Frye's parents, the Rev and Mrs. James S Gray. HKRF FROM DILLON Mr. and Mrs. Dill R. Fllb and children, Becky, Tom, and Aaq, of Dillon, visited the former's mo ther Mrs. George H. Fills here here several days this week. Mr and Mrs. D. A. Yarborough had as their guests during the holi days the latter’s sisters. Miss Kath erine Tarner of Tuscaloosa, Ala., Mrs. G. C. Hugh and Miss Mary Turner of High Point, N. C. Mr. and Mrs. Joe Cutchrip and little son of Isle of Palms, are spending the week with her mo ther. Mrs. W. L. Marshall, Jr., and grandmother, Mrs. C. M. Bailey. Mrs W L. Marshall of Wadesboro, V C.. also joined them here during the week for a few days. Mr and Mrs. Dan Yarborough, Jr, of Clemson, are here for the holidays wi»h their parents, Mr. and Mrs. D A. Yarborough, Mr. and Mrs. Hiv^i Bands Workman. Mr. and Mrs. Hoyt Hanvey have moved into their recently complet ed home in the Long Branch com munity. WASHINGTON AND "SMALL BUSINESS" Bv C. WILSON HARDER A* excfemg os a rkfc on o rock* ship . .. Oiot’i How Hit fvtvrt looks for 19591 Ntvtr btfor# Hot o Ntw Ytor tnttrtd o world so full of fKt promise of better things to come ... of new frontiers, new challenges I May the New Year bring to fuHHL men! oil your greatest expecto* tions ... be your happiest everl |M 72 luu mi. s. Bum i { i C , CAeiTAl AND SURPIUS J600 000 00 - HDtltAl DIPOSIT IN&UtANCI co«pos ation Ruling in favor of the anti trust division of the Justice Dept, in his recent deeision pro hibiting the proposed merger of Bethlehem Steel and Youngs town Sheet & Tube. Federal Judge Edward Wcinfeld based his ruling on seme very interest ing points. • • • FT" If his ruling could be boiled down te a few words, it could perhaps be tersely ex pressed as fol- I o w s, “T w- o wrongs do not make a right.” * • * For the chief ™c7w. HardTT argument of the two corpora tions for merger was that by so merging, they would be better able to compete with U. S. Steel which presently controls about one-third of the steel market. • * a The two firms also argued that they could not keep pace with the V. S. Steel pattern due to lack of finances. • an But taking the stand that such a merger would only decrease the right of the buyer to choose batweon different suppliers, the Federal Court also pointed to the fact that in the past five years Bethlehem had increased its ca pacity by over 30%, as ha'd Youngstown. • as. Thus, the court could find no grounds for the argument that the two firms, operating indepen dently, could not expand in tune with an expanding economy. a a a In this case, one of the major anti-monopoly cases in recent years, it was most interesting th.-rt the two firms based all their arguments on the need to com bine in order to be as big as the biggest in the industry. (c , «Ull«».l »Wt»Uo« «, BoiIivm This line af reasoning was re jected absolutely by the court. a a a The court held that if this merger was permitted on thil ground, then a precedent could be set up whereby smaller com panies. under the same pretext, could seek permission to merge, with the result being that it would be possible for all steel production in the nation to be controlled by a "Big Three." a a a It Is believed that an earlier application of this doctrine would have prevented the virtual mon opoly set-ups that exist In some industries today. a a a For it has always been given as an excuse for merging that such a move will make the n»er- gees as big as the biggest. a a a Of course, as subscribed to by the nationwide membership of the National Federation af Inde pendent Business, there is no sin in bigness, fhe real test of the matter Is whether mergers tend to reduce competition. a a a Obviously, in this steel case, which would have purpertediy resulted in some 60% of the na tion’s steel being controlled by two giants, competition would have been materially lessened, a a a And, as the court pointed out, the creation of such* a situation could have easily led (o a sub sequent condition where the rest of (he industry would have to combine to compete at all. a a a Thus, this doctrine established in ttiis case, unless over ruled by the Supreme Court, will stand as an important guide post in the fight aga nst monopoly, a * a Tt. s same viewpoint, applied to other pending rases, could very well stop the trend Into competition destroying mergers. Airman Joe Deiley Is Studying Russian AJC Joseph Parker Dailey has been selected for an intensive mae month count of inatructiofj in Elia sian at the US Army Language School in Monterpy, Calif., under the army’s stepped-up program for overcoming a critical shortage of skilled linguists. Airmen Dailey, the son of Mr. and Mrs. L. P. Dailey of Clinton, was graduated from Clinton High School in 1958. Upon completing his present course of study. Airman Dailey will be prepared to act as interpre ter, able to converse freely in Rus sian. Myers Bailey ANNOUNCEMENT! We are now at our new location 104 W. Pitts St We Invite You to Come In and Talk Over \ 4 Your Inauranee Needs With Us. • • Clinton Realty Insurance Company MRS. B. HUBERT BOYD. Agent PHONE 1919 Wayne McLendon's Ship Damaged By Ice In Antarctic Area Wayne C. McLendon, electrician’s, mate, first class, USN. son of Mr and Mrs. W E McLendon of 108 Sumerel St., Clinton, is spending the holiday season in Wellington, j New Zealand, while the icebreaker USS Glacier undeiw* repairs. The Glacier was scheduled to spend Christmas and New Year's Day operating in Antarctica, but km a Wade from one of her propel lers and suffered vital damage to the others while fighting through 20 foot thick pack ice near McMur do Sound Stuck in the ire with less than half its driving power, the ship call ed on the smaller icebreaker. USS Staten Island, to attempt breaking through the tae pork After several ■ unaurceaful attempts, the smaller and U#trr ship had to give up and it appeared that the Glacier New Subscribers After four days in the polar ice. the stupa commanding officer de cided to aaake a seemingly impoa j table try to faring the Glacier out under her own reduced power When the wind and currents ap pearrd favorable the rfup pushed and pounded Ms way through the treacherous ice F xpert seemanahip and coni mu ous ice reconnaissance by the ship’s helicopter got the Glacier to open sea and enroute to New Zealand The comamnding officer and ex - ■ ccutive officer took tuns riding in the hebcopter and visually plot ting the ship * course through weak er sections of the pack ice Routing pilots kept the two officers aloft around the clock, landing only to re- i fuel and change pilots and passen gers. The icebreaker is expected to re main in port until early January "GET MOKE OUT OF LIFE — GO OUT TO A MOVIE YOUR i MVADWRi i PROGRAM Thur.-Fri.-Sat. - * #7* / '“'tidERJVL ^ f > V> / ilAMH7l'.U! to 2 - Tt.e . Vifcte story oi' iom * tT r-to" comes to life in a motion picture ot . iTfaale majie NlSe X x. Prtxluct'on CARTOON Wimwr Of Parents Jr Magazine Award * J 0 /S' A GtOftC.t PmL Proc ~ tom thumb’ i/s colorsome/ sbrnai SUSS TASBlVTt . ALAN YOUNG Tim THOMAS • KTU SllURS JfSSIt MATTHfWS JUNE TH0RBUM BTRNAtO MlltS and toe iwvcTooasMaatMfct a stm (statue Jan. 1-2-3 Mcn.-Tues.-Wed. jean CMroii Jan. 5-6-7 Children 25c—Adults 50c We Wish For All Of You . [• A Happy and Prosperous 1959 +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ —WATCH FOR THESE HITS— TORPEDO RUN WALT DISNEY'S TONKA THE SEVENTH VOYAGE Of SINIAD PERFECT FURLOUGH THE BUCCANEER A Motion Picture SoBig- it Sweeps AD Before •^WYLERS THE "Bl©" COUNTRY In TECHNICOLOR and TECHNMAMA Only Two Fcataroo Dolly 3:M P. M and 7:36 P. M. ( hiUrea ISc—Aduha Mr MRS J T MUmilRE, Lydia MRS ASA LEE SANDERS, MRS ROSE LAMBERT. MRS FLOYD BUNDRICK. S L BOND. R W DEAN. LE EV. DURYEA. W. H BUCHANAN. Clinton MISS NEELY ANN B1GHAM Due West JAMES L IKAMMELL. Jaiksamviile Fla MRS T M GARRETT Greenville J. M SMITH Joanna MRS FREDERICK KNOPF. Rio dr Janiero. Brazil IS Alumni Of PC Enrolled Al 5. C. Medical College Fifteen Praabytenan Collage alum j ni currently are enrolled ot the Med ical College of South ( aroltaa in Charleston, the PC alumni office announced today Other recent PC graduates under go post graduate work in medicine at medical colleges and universities m other states, but the South Caro I Una students represent the larges: group at any single institution Time Presbyterian College men now studying in Charleston include Earl C Alford, of Spartanburg. Frank Young, Charles Johnson. Henry Blakely Burton and Guy Blakely, all of Clinton; Sam Work man. of Laurens; Edward Hay. of Wadmalaw Island, Eugene Butler, of Conway. Tommy Warren, of Allen dale; David Neville, Jr of New berry. BUI Stacy and James Hentz. both of Anderson; Cloud H. Hick- lin, of Richburg; John P. Brown, of Laurens. Tommy Richards, of Heath Springs. Succeeds As President Of Ciinton Cottons, Inc. In the election of officers of Clin-' ton Cottons, Inc., of New York, fol lowing the recent death of P. S. Bai ley, Norman G. Myers of New York, was named to succeed Bailey as president. George H. Cornefcson of Clinton, is vice-president, and Robert M. Vance of Clinton, is treasurer. Clinton Cottons is the merchaadis- ing firm for sale of cloth made by Clinton and Lydia Cotton Mills, of which Vance and Coraelson are president and vice-president, re spectively. Bailey was president ol all three corporations. Henry J. Winn, Banker Of Greenville, Retires After 40 Years Service Henry J. Winn, vice-president and senior trust officer in charge of the McBee Avenue and Main Street office of the South Carolina National Bank of Greenville, will retire today after more than 40 years of service with the bank and its predecessors 'Mr. Winn, an alumnus of Thorn- well Orphanage and Preabyterian College, was assistant cashier at the Commercial Bank, Clinton, from 1911 to 1917. In the latter year he joined the Fourth National Bank at Greenville as assistant cashier and served in that position and as cashier until 1918. His long connection with the Pint National began in 1919 and included service ,as assistant cashier, cashier, vice presideat and cashier, vice-president and assistant trust officer and vice- president and senior trust officer. From the time of roosobdation of the Pint National and SCNB in May. 1957, to the present, be has been vice-president and senior trust officer Mr Winn it a past president of the South Carolina Bunker* Asso- I CIOtKMI Mr Winn is a member of the of tmstaas of IT YOU DO ITT READ THE CHRONICLE YOU DO ITT GET THE 74 LAURENS COUNTY Auditor's Itinerary FOR 1959 The County Auditor’s office at Laurens, S. C., will be open from the first day of January to the first day of March. 1959, for the pur pose of taking tax returns for (he ensuing year; and for the trans action of all business pertaining to the office. For the convoidence of taxpayers, returns can be made at the following appoint moats throughout the county on dates named below for the pm post of taking tax returns for (be year 1959: Watts Mill, Monday. Jan. 5, 9 A. M. to 5 P. M. Laurens Mill, Tuesday, Jan. 6, 9 A. M. to 5 P. M. E. W. Abercrombie sad F. W. Heltams, Wednesday, Jan. 7, 9 A. M. to 11 A. M. C. G. Hipp and E. H. Reeves, Wednesday, Jan. 7, 1 P. M. to 2:89 P. M. Robert Wham, Wednesday, Jan. 7, 2:39 P. M. to 3:39 P. M. W H. Bolls, Wednesday, Jan. 7, 3:39 P. M. to 5 P. N. Fountain Inn (WoodpStore), Wednesday, Jan. 7. It A. M. to 11 A. M. W. A. Roberts Store, Wednesday, Jan. 7, 11 A. M to 12 Noon J. B. nMETWedaesday. Jan. 7, 1:39 P. M to 2:39 P. M. Henry Gossett Store, Wednesday, Jan. 7, 3 P. M to 5 P. M. Owtags, Thursday, Jan. 9, It A. M. to 12 Noon Gray Coart. Thursday, Jan. 9, 2 P. M. to 5 P. M. Monntvillo. Friday. Jan. 9, It A. M. to 12 Noon Cross Hill, Friday, Jaa. t, 2 P. M. to 5 P. M. Clinton Mill, Monday. Jan. 12. I A. M. to t P. M. Lydia Mil. Tncnday. Jaa. 13, t A. M. to • P. M. Joanna, Wedaoaday. Jan. 14. • A. M. to 2 P. M. Joanna, Tbnrsday. Jan. IS, 1 P. M. to » P. M. Joanna Mill Store. Friday. Jm. 14, I P. M. to S P. M. Lowell Watkins More, Monday, Jaa It. • A M. to It 3t A. M. PrinteUa. Monday. Jaa. It. 11 A. M. to 12 Nooa L. C. Taylor sad Johan* BairaUar Monday. Jaa. It. 2 P. ■. It 2:38 P. M Hills Truck Mop, Monday. Jaa. If. 4 P. H. to S P. M. J. R Caker*s Store. Tuesday, Jaa. 28. 1 P. M. to 2 P. M. Mt. (Mve (Coaper’s Marei. Tuesday. Jaa. 28. 2:88 P. H. to 3:88 P. M. Martin . More. Tuesday. Jon. M. 3:3t P M. to 8 P. ■. Waterloo, Wednesday. Jan. 21. 8:88 A. M to 11 A. M. Laaford. Wednesday Jaa. 21, 1:88 P M. to I:Jt P. M Ora. Wednesday. Jan. 21. 4 P. M to » P. M. David Giena’t Mot*. Tbnrsday, Jan. 22. l:Jt P M. to 2:88 P. M. wrwora YUtage. Tbnrsday. Jan. 22. 8 P. M. to 8 P. M. Clinton City. Friday. Jaa. 22. M A M. to > P. M. Dr. Felder Smith orromrntirr 794 Laurens, S C. JENNIE V. C LLBErrSON, ( onnty Anditsv Use The Chronicle Want Ada! CREDITORS' NOTICE All persons having claims against the estate of Thomas Roocoe Bus- hardt. deceased, are hereby noti fied to file the same, duly verified, with the undersigndd, and those In debted to said estate will please make payment likewise. INEZ CHANEY BUZHARDT, Excutrix Dec. 12, 1958 3c-J-l FINAL SETTLEMENT Take notice that on the 21st day of January, 1959, I will render a final account of my acts and doings as Administrator of the estate of Isaac O’Neal Adair in the office of the Judge of Probate of Laurens Co'unty, at 10 o'clock a. m., and on the same day will apply for a final discharge from my trust as Admin istrator. Any person indebted to said , es tate is notified and' required to make payment on or before that date; and all persons having claims against said estate will present them on or before said date, duly proven, or be forever barred. L. L. ADAIR, AdmnUstrator Gray Funeral Home CHatea, 8. C. FUNERAL DIRECTORS # • • pee EMBALMERS 41 Get more security... more happiness... for your family at our Insured Savings and Loan Security, peace of mind, happiness, a good home - there’s no surer, easier way to guarantee your family these things than by regular saving with us. Why? Because your money works hard for you, earns excellent returns. Your savings are invested in home loans - a really safe investment that helps our community grow. And they’re not subject to ups and downs. You get back what you put in - plus earnings. What’s more, your account is insured up to $10,000 by the Federal Savings and Loan Insurance Corporation. Stop in, start saving with us now. Whera you save does make a difference! This symbol of safety protects your sailings with us I Laurens Federal Savings AND LOAN ASSOCIATION mm Jmi SICUMITY or A NATION IN TNI M O m | Ot ITSPlOPLt LAUaiNf, SOOTH CAftOUMA 201 W. Mala St. Telephone 25012