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I THE CLINTON CHRONICLE A “Little Inflation” * > A« u*uai. the mid-venr erom>ynK fore* have Iten pminnr forth. And moat of them have »ertain thinfra in common. For om thinp. the pn*fe.v«ional !«een«. with hardly «n exception, expect Invoming t*ui»ine)v.'* in moat iinea of enterprise—and, with it. hijrher vvaires. They also expect, again, with hardly an exception, a ■■moderate’* rise in the general price level—something like two or three per cent over a year’s time. This is what is known as "creeping" ’in flation. as opposed to the ‘‘galloping’’ kind n which the buying power of a currency can ne virtualh destroyed overnight. And many people seem to think that a “little inflation’’ sn't really a bad thing, and may even* l>e good. After all. two or three per cent a year doesn’t sound like much: - , However, over a comparatively short j»e- riod of time that two or three per cent could cut the dollar’s value in half—precisely as it already has been cut in half in the past 20 years. And. ultimately, we would have a ten cent dollar, or a five cent dollar, ora one cent dollar. The federal commission headed by Vice- ‘-resident Nixon has pinpointed the danger of inflation, warned us w^iat it could do. and made a strong stand for, among other things, a balanced budget and a gradual reduction in the national debt. Herein lies the only hope for saving what is left of the dollar’s worth. There has probably been more discussion of the inflation problem than of anything else except the international situation. Much of the discussion has been informed anti wise. But almost all of it suffers from a big weakness. It is carried on in statistical terms —billons, ten ot billions, and hundreds of bil lions of dollar-—that only a tiny, specially educated minority of the people can even be gin to comprehend. In other words, it just doesn’t come tlown to life and living as we understand it. IVesiden: Kisenhower realizes.this. Some time ago he >poke. extemporaneously to a group of magazine editors. His subject was -aving the dollar. Ami in the course of his remarks he ^aal: *\ . . Today, think of the man at the lathe, the drill preaa. who is earn- :ng monev whkh he is putting away in his t*n«ion with his vompainy or into an insur- am» putny. It w* tudav cannot assure him tKat forty year* from now he is going to be able to have « good living left, then I say, ■«a nrr or later, he will quit buying insurance •*». he w.11 not have any confidence in As gv eramen: Umd. aad he will not think very mt*h ot hi* Later on. tla he.* ■»«* aad more inflation. ‘It •a* r^h that wtftlw suffering. Instead t will i« oil IhtMa m.ttx’SM who with thttf **»i *r* n* tyepwrttevs. shoveia, and nil the ♦o*t ar« piesJa mf the woaltll of the i'ntted wtates Let’. Call Off Memorial Day! Whitten Village Prior to last Memorial Day. a county gov- _ t * emment in an Eastern sUte appropriated DGOIflS NCW'l63r $250 and sent it to the Memorial Day Com- Gh J and boyv are letumin* to mittee for the purpose of hiring a band. But WhiUrn VTUage follpwing summer a proviso was attachid—that it had to be a vacations The two schools will open union l*and, and m>^ a school or other vol unteer band. Thursday. August 27, 19S9 Monday, August 31 Mias Norma E Halett continues , as acting director of education and The committee, it is pleasant to record, j training, with Mrs. Kathleen P sent the check l»ack. It said that it wouldn’t C.affnev-, secretary, l>av men “to take part in a patriotic OClebra- tion.” The incident drew this ironic comment from the Klemington, N. J., Democrat: “Let’s call off Memorial Day until we get everybody in this country into a union. Let’s The following are campus school teachers: Miss Louise Cox, Clinton; Mrs Elizabeth M. Fuller, Laurens; Mrs. Allie Hamilton. Clinton; Mrs. Hattie H Hunter. Clinton; Mrs. Ay- liffe R Jacobs, Clinton; Mrs. Inez Lindley, Laurens; Mrs. Rubie Mi lam. Mountville; Mrs. Margaret B. bury no more veterans without the service 1 Sease, Clinton; Mrs. Nell Taylor, of union pallbearers, union gravediggers, Laurens; Mrs. Edith Wingo,’ Lau- uhion embalmers. union chauffeurs driving [f 115 : Mrs Mi, dred Hipp Johnson, . , . . . ’ , Newberry, takes the place of Mrs the mourners to the cemeteries, union-made Sarah w Lesteri Te , igne<i . Mrs and set grave markers, union-grown flowers Agnes M Holland, Clinton, takes and union made-up floral pieces, union-made the place of Miss Essie Davidson, American flags over the graves, placed, not r f signc<,; J ‘ Rudo| P h Matthews, by volunteers like the Legionnaires and the Part time . Audrey McCr( f sky> phy . Sons of Veterans but by card-bearing union sical education; ’ Mrs. LaBruce S grave decorators to the exclusion of com- Heist, dancing, fades in service, neighbors, friends, relatives.! teachers in circle School; Mrs. And let no word ot scripture be uttered, no Jim Horton CIinton . Mrs Ione Wa] y prayer lie said except by an" AFL-(’I0 li- lace. Clinton; Mrs. Emily p. Me- censed and dues-paying pastor.” Millian, cflhton; Mrs. Beatrice The grim fact is that this isn’t just sheer ^i.^5^' Mae fantasy. It’s precisely what some of the la bor leaders would dearly love, judging by their drives for more power. and more monopoly Babson Tells What Will Happen To Railroads C opeland, Renno. added this year. Blackmon To Widen Mounfville Bridge Blackmon Construction Co. of Mountville, was low bidder last Wed nesday on the job of widening the 150-foot overpass over the Seaboard Railroad on State Route 72 at Mount ville The bid was $32,331. Route 72 from Clinton to the Sa luda River is now being widened and reconstructed in several places Rev. Howell Returned To Leesville Church The annual conference of South Carolina Conference of the the BabsSri TSTk, Mass., August 27—The Boston and Albany (New York Central) and the Boston and Maine rairoads are asking to drop scores of trains and sta tions Increased fares are not the solution. People sim ply will not ride the trains if fares are increased fur ther. I have just returned from Arizona on the swank iest train—the Santa Fe's 'Super-Chief.” There were 54 pasengers in eight beautiful cars hauled by two en gines and a crew of ten men. The passenger business will gradually decline to almost no riders. Now the -^^bern Methodist Church, meeting riders are 90 r 'c old people ; the young people travel in at ,he Maple Street church in Colum- automobiles, buses, and planes bla * ast wc *k. returned Rev. George RAILROADS ARE DOING L ^ svin « Church near EVERYTHING TO REDITE COSTS ‘ rC S \ T . Ho ^ e l ,s a nat * ve of ri ® The railroads have bought new passenger can, c.,’?! 1 at which are air conditioned But they are cutting out ' r ,st ** Al * checking trunk* on many trains and are closing ex pres* offices Thu saves carrying .baggage cars and men to handle baggage, both at the stations and in the trains Even the freight business |t* falling off. although the railroads running faster freight sendee He will be in the community each week-end and will preach at Lees ville Sunday mornings at 11 :M a. m Bryan Holla ad and Harold Lai were delegate* to the conference Leorherwood Cose n luf 1 St*** But aJiMtet) • t»w «ia«UiMtO* industry and Higher Education tin* *f *L* **tq-• dr%o4 hw* <0tf ,*wtuiofF>*a tut f h-gfcer •*!«•»atendl t* the t uitaul t*ifla fr*-4t. * rpt-rutmUm tm ~rmi ’••tula4 940 The) <mrr* t< 1)54 huUuui Use .4V* !• »al i* • \|»« te*l t*. rrm h 9190 mtllem TB* Am* .**& L««*aucnir g*,e* rw t ieaw r.* why i*>r|*iEatii>fia fori «ad RH»re *»! « rvupadHMMtr U»»«rd I e«lu*a!f*n For «*nr tklaff, busl—na :he trained man|*twer thus prinhiced. Par rtnother tori* ration officer! want tu pre- -erve .mil rKiuneh the traditional American ilea, of edot-atioiial opportunity. Still a third factor must also play a biy -oie in framing the attitude of business. That .s the desire to keep etlucation out of the nands of lederal bureaucrats—who would -all the tune if the colleges and universities were supported with federal money. Keep- ng education free of political dictation is the most important need of all. The (lh\ ji}.h: saving idea comes from an , old Indian whe cut off one tml of his-blanket and sewed it tc the other to make it longer. ; hraMrs. awwnag aum. tu , ta thr heart* ti the citie*. irrespective at the decrease ia pas*engrrs These moreoxer could be twe-stary buikhng*. if desired, which would he readily financed by insurance companies RMLAOADK ARE NECESSARY We must have the railroads for heavy freight 15*) are the life blood of the nation This was proved dur ing the two World Wars. When the railroads had a monopoly, they abused the people They are now suffering from this, but this will be changed. It will be changed by greater efficiency, fairer labor and tax laws, and by their being given freedom to run their own business as do the bus companies, trucking con cerns, airplane companies, and taxis with which they must now compete. Now a word—in closing—to investors; In most in stances. you who hold railroad stocks might do well to sell them, putting the money in a bank until indus trial stocks have their crash in price; then re-invest in good dividend-paying industrial stocks. You who hold railroad bonds should probably keep them. My <• Hik? • Vane at thr newer drug tpci tahica arc rather hiph- pneed Thai’a beiauac they arc ootdy to pro- dtHt But they gn rr- mlu! Check our price* You’ll find them always tan! HOWARD'S ! PHARMACY . Phone 101 CLINTON, S. C., THURSDAY, AUGUST 27, 1»5S oV (Elintun GUjrmurlr EatnbUmed INt July 4. 18» - WILLIAM WQAO.N HARRIS - June U, M&5 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Sutemptior. Rate (Payable in Advance) Out-of < every One Year S3 M Six Metrtht *2 00 Om Year |4« Paid at ft. C- P I , h Pin u u NOVM PAINT $5.75 D. L Tribble Co. ^ • • You get a hundrea years of progress in every gallon of gasoline we pump x-'-n * « --*s •> * T ll * 'x / ^ ; V x:-,y.: *' v • \ C ;i >'■ V A - {;< - - hi! k '-x-r* " v r t Thla year marks oil’s lOOth birthday. It’s been a century of gruat progress in better products and friendly service to you— and the beet le yet to come. Did you know - the gasolines used 30 years ago w ould hr naclcss in the engine of the car you drive today? Thr gaso lines usrd in today’s automobiles arc as powerful as the fuel* that our fighter planes used at the end of World War II. Thar’i progress—oil progress You may never nonce the progress m gasolines, motor oils, lubricants and othir products we offer you-bin h’t there. Each year, improved oil products provide more power and better care for your car. We're proud to have been a part of this wonderful cen tury of progress. And we join with the rest of oil’s men and women m promising - the best is yet to come. : 0'^ F ' , ' ST CENRltf VVUHKINC ft* progress —VISIT VOI R TEXACO STATIONS— Carolina Service Station Pitts Service Station Went Mala Strcrt East Carolina Avenue Clinton Mills Service Station Aradevnv Street Lydia Milk Service Station Center Service Station t amitaa A< Milo! 15 NEW BUICKS GOING TO LUCKY CAR OWNERS AT HUGE SAVINGS Complete Selection of Styles, Colon Equipped Any Way You Want Them PRICES BEGIN AT $2792 Come In During Our Clearance Sale For The “BEST CAR ON THE ROAD” At The Lowest Prices Ever Offered Once You Drive A Buick You’ll Know The Difference CASQUE BUICK CO