University of South Carolina Libraries
4 THE CLINTON CHHOMC1.E It Did Happen Here Th« followmp in the ’lontmon- wwilth Shareholder.** It is no fairy tale with a happ> endinfr It ran happen airain. “On July 4. 1776. the representatives of th« 13 American colonies, rpeetinp in Phila delphia. severed their ties with the British t row n in a noble and eloquent diH'ument known as The Declaration of Independence. With the adoption of the Declaration, the Congress turned to other pressing taslvs. Among the most vexing was the problem of financing the struggle for freedom. “Thirteen months earlier, just one week after the Battle of Bunker Hill, the Conti nental Congress had issued its first curren cy—$2 million of bills of credit. Later in 1775. and in the next four years, there were 1 a number of other issues. Historians tell us the depreciation of this paper currency was slight and gradual through 1776. Once the amount of printing press dollars exceeded $20 million, however, depreciation accelerat ed sharply. By January, 1779, one silver dol lar exchanged for eight paper dollars; by the end of the year, a silver dollar was worth 40 paper dollars. “In the following year. Congress called in the flood of paper money, and issued a new currency on the basis of one new dollar for 40 old dollars. About half the old bills were turned in for redemption. Those still out standing plummeted, and the expression for something valueless became ‘not worth a Continental’. . . . Although inflation has been a fact of life through much of this nation’s history, no subsequent experience has com pared with our first, and bitterest, taste of inflation in the War for Independence.” The Soviet Exhibit . The Soviet exhibit in New York is an in teresting one. All manner of articles and iMunmodities are on display, and some are of outstanding excellence. The purpose of the exhibit, of course, is to impress upon visitors the achievements of a communist society. However, things are not always what they seem on the surface, and that old aphorism applies to this case. A current quip says that a typical Russian citizen would have to go to New York to find out how high his living standards are. In other words, the desirable things that are on display are simply not available to the vast majority of the Russian people—either because of scarcity or price. American and other foreign tourists in Russia have told,.for instance, of the state of retail trade in that ’’worker’s paradise.” Aside, from fundamental necessities, just about everything is in short supply. And just about everything is priced at high and arbi trary levels. For there is no competition, as we understand the word, under communism. The government decides, once and for all, what is to be produced and sold to the people, and at what figure. News reports have told how members of the famous Bolshoi Ballet, during its Amer ican tour, were amazed when they visited typical American stores. They’d never seen anything like rlem. They bought quantities of things, common to us but rare to them, to ship home. When we go shopping, we take the fruits of mass production and mass distribution for granted. But, to most of the rest of the peo ple in the world, these are material miracles. With Columbia 'B' Team Thornwell Opens Friday Gambrel] Roquemorr of Hampton other* (rttifif vote* f«r Mest\al- ^ tram, relumed to Co- Pony team waa runner up Rickey uable in the Pon^ amai' »P*“bn* the Thornwell High School will opto Oct H-Thornwell at Greenwood | dm Iradiiv* pitcher* in the Jo ^[ tff -' their football »eason here Friday B night at S o'clock againttflhr strong Oct SO—Dixie ben- Columbia ' B team \ ov s—Irmo at Thornwell. Thornwell is short in manpower Nov .13—Conference playoffs, this year and will have to make up Thornwell coaches are D S Tem for it in being in good condition and pieton and John Dowdle fighting from the opening whistle. About 17 boys are eligible to play This includes boys from grades sev en through twelve who are big en ough and old enough to play high school ball. The following boys will probably start against Columbia •B’’: Right end. Harry McAlister; right tackle, Johnny Gray; right guard. Bob Won the “Most Valuable” trophy In Wickham; center, Gus Folk; left the Little Boys League this summer. league and played al first bam wrhen ^ ^ Holc<)|nbe j thf Hampton he wasn't on the mound lNm an d Eddie Raines of the Whit- Roquemore was the number one m tre team summer at hi* homo hroo. OFFICE SI PPUES At CHRONICLE PUB. CO. Whitmire, Lydia Boys Are Termed ’Most Valuable’ Johnny Alexander of Whitmire, guard. Mike Parks or Roy Rawlins; left tackle. Marvin Glasure; left end. Johnny finished the regular season with a 500 batting average and also Jerry Neal; quarterback, Johnny hit the most home runs, besides be- I Cookson; left half. Howard Hjggin- ing on of the two fine young pitchers hot ham; right half. Autrey Brown, for the Whitmire Little Boys club fullback, Gordon Timmons. Jerry Alxeander, a first cousin of Others on the squad are Kay Folk, Johnny, was runner-up for “Most John Dennis, Clyde George, Robert Valuable.” Jerry was the other Harrison. James Tony and James pitcher for Coach Charlie Brown’s Crumpton THE SCHEDULE Sept. 4—Columbia •B” here. Sept. 11—TJhornwell at Ford. Sept 18—Thomewll at Cowpens. Sept. 25—Landrum here. Oct. 2—Lockhart here Oct. 8—Thornwell at Chapin Oct 16 — Thornwell at Hickory Tavern Little Boys team. David Templeton of the Lions Club. Gene Koon of the Joanna club,' Johnny Rushton of the Moose Club,: and Charlie Nettles of the Lions Club, also received votes for the! ; “Most Valuable” award in the,Little Boys League. PONY WINNER Rickey Corley of the Lydia Pony A Mark Of Responsibility Just recently Soviet Premier Khrushchev >aid: “Capitalists are jrmng to be kept in ar chives like old newspapers or newsreels. We will look at them as today we look at the re mains of prehistoric monsters and say: Look, that was a capitalist'.” This is nothing more than a threat to every American's fu ture. When Tupolev, the Russian aircraft de signer. visited our aircraft plants it wasn't the planes that astounded him. it was the crowded parking lota at the factories. He found it hard to believe that thousand* of •« rkmen owned a car and a home Mavis- Hu** a will learn inmsdni that cap- *iaii*m i» a mark of psrtoaat rispmuHillity t'ntll then, every Ammraa shewld keep hi mind Rttsata Is beat ah taktag awav tram him th* privilege of beiaf • capitalist A CPA at Your Elbow Babson Discusses Gravity New Boston, New Hampihire. September 3—When 1 was at Cape Canaveral. Florida, in the spring. 1 was convinced that the nation which fir»t discover* a par tial insulator for gravity can conquer the world WINNING WORLD WAR 111 I have kept well acqwaimed wttk the progress which has been made along such line* is this country through the Gravity Research Foundation ef New Betted, New Hampehirr. but I am net familiar with ike state ef dr teiopmett abroad, especially m Denaaafk and Cev many fta Capenkapen. wkeve I have keen tavued is visa tkt Mayor ef Cepenkamm is Nested Ike hekr Ik •tame I tketedere am lew* mg he ^ mnmeema es mt •* % - • - msmk els Hm eagy wnaid s pasuat mmdmat ( 4 grewy adS pm** m the »ah*» of oB ampms* tre*et hm d •mdi I pdf P*em% m me pnwee rang* and I of notmm osv onw ormmmu% it •ask wopweo • had • peewm m •mmm «d pommy t ■«tarn* ag mftrttmi «f yeas* am* teMRf tht - • bmag •ham a <Mh* • > eta pa oampp IhM S ag S oemto, oms* U««i* H Teem.» *4 fkaoi Framrim* yoiiim *f the Amefwa* t■»fiitBhi *4 « atvtf wdt thdh. (*■ A.. • -««*** • H eg* m remaro eaadS mkB pat*h pg« • • soauf tk. aA*JM« ap mmm BaafAi k* part IW mf mfMi- fo atmg uoM Ihmf *. HI lha pme« y*mr> pe*Mfkwtjvff9 hma teaym MMk fa# «*ms ak*m km*e gmtm ag JBB par rvkd Ha ekwav** ike *«i«m«km am tip m«mafBg» fmmmr * f Wme emai m la faPtnt •eg** htgkat mhd kigk.- ••*! ••a#mmatl fem * ream*mo *0*4. i •r*s» *s A* W the as irokhm. hp eppe t-mw ‘n*. mi «qM h» l aaptifj lha «a% law* *kr> maa* * swat ■aero ramfhfk.- Af mtdMmri tme-rw fkkT hve mHhaqM am dhFMdl m ^ p A #? vklfll BMPbMFBF • fan maa mah ma as am* mas a as osmppmmi ma koa f • am la amk akask m «mmota fkamhea •.Varna* Is eaaaemme ppsadk h| mm kmoa td amtt < •$ *ms* as Imp a* ••• am^* ka tkr* *omd kp of • eth pram *twm asm omaa p»wam V mma ama fdmfadHHI pp UB fMHh> dE H Vaw «•% Mf mfa amw-madf h •osadhskmi hp tks hasaaMeap <• mm m maapyoamy pmm «mM ka of m oaaay *soame»a fs*da*-* -fvm oooHkafa is atmdhoamofm paam* i ass va»»«u oaam imm if meamm a ampa* laaafki mf oa ean- gsamry mpppp pdB aupa oim ka oaaofqpMl Boms gmaupmaa The oa**efhiefam one aim •esovaks aotafaag he oaf. mmmmm tmim * INmmHli I has fm »m«fi •HI ka aaepamsd m oapgpmaaa auk om am* Sfiv Ihaaomeeafa maasaaf hma Bkmmk afm* •ofa* Y u.hag P*i i mu «s fa aeamam fNffe •dfaaCa hm jffmm e^omm # pmm «d faa * fa earn e opa* la ha ( lovi*. \*w Mtxiuk Cany County Tunev. VC h« r. vt u t uy ineunamp, a horn*’, etocko or t.mb t-r when you fait money in a savings •M.rc>unt. you •**• r n* an investor—k mpilkl- i.t. Th« rmney you save and invest -uiqlir- :h« inpital • n which industry thrives—build- new |»knt- lend products and services . . . v rentes emrdoyment for the million young Ameriian.- whi need new job opportunities ♦-verv veiir.” Kr.oxvillt. Gi.. The Post: “Things can a!- ways be worst. Thirty years from now speed- iris will crash in .the sky and fall on pedes trians.” * tffnw mams »tai «ft ve Mhh flea a podfsl srr*ey aaaftae m nana day f» «w*eead m>«* «wok< ka a gvof faff f *s pnre f ’ afl •araat land ifnnal» had f a urn mimmfl_ sr gnm Mark at Fhnda nr IB any oi mn imphwnmatr suae* ntark kaev Imp dape of imaffa Pormm tap mg utefc taf HkenM bpm « very cheep acre ape aad am tay land ntark migh ke deurakle hr pnmfkh later *nhdnrt*mn For kameump gmedy—*wnmp land. any~ain land, wnod Land, or eeen dmart land renld hr cgunUy valuable Such land vkenld ke prop erty that la ne good far anything ter and which new M-U* for a few do It an per acre Of courvr. when buying acreage for peuible nib division or farming, there arc many other ronudera- tions The dearer such land is to a city or town, the more one can afford to pay—probably up to 1100 per acre Let me finally add that a person should never buy any land—in Florida or elsewhere—without first seeing it. Moreover, the best bargains may be within a few miles of where you are now residing. Remember the story of the man who hunted all over the world for a certain large diamond, then finally found it in his own back yard! CLINTON, S. C., THURSDAY, SEPTEMBER 3. 1»5S Slip (Elintun (Etpronirlp EstabUdbed 1900 July 4, 1889 - WILLIAM WILSON HARRIS — Jtt* 13, 1955 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County One Year 83 00, Six Months $2 00 One Year $4 00 ' Second Class Postage Paid at Clinton. S. C. The Chronicle seeks the roopsrauon sf its subs mb appreciate wise suggestisas aad ktad^ advice The Chi top av Ml sf • talMMlsry aatare lasayisi cams ers aad nsd»s — the pubheher wtB at aD ttaao reaide wfl publish letter* sf general Merest when •tfuraoera will aet be Mbceg This psper W aet 1 i 1 ! i 1 Woods Edge Gift Shop Is Now Displaying Christmas Card Albums For Your Early Selection. Many New Gift Items" Mnfv |.. f (4l|p% p I'hoive kgS* G® Vkewduwp Ilf. ImpremK NvC*. <(hae Mark kefciad k—p*ul > am i»at wroscfipAY Your happiness is our business Today more and more Americans are saving for a sunny day ... saving to buy the good things of life that every family wants. Helping people secure a greater measure of material happiness and the peace of mind that goes with it is the business of Insured Savings and Loan Associations ... the “Happiness Business.’* You’ll enjoy more of the things that make for family happiness if you start saving with us right now. Current Dividend Rate 3V2% Per Annum CITIZENS FEDERAL SAVINGS A LOAN ASSOCIATION rUMTON. &C. TELETHONE XO C MB W. MAIN 8T. Don't Buy A Homeowners Policy Until You Have Consulted W. C. Dobbins Insurance Agency OUR NEW HOMEOWNERS POLICY COVERS MORE. YET COSTS LESS WE INVITE YOU TO COMPARE OUR COSTS WITH OTHERS end Other Private Structure* Theft Protection Household Contents At Homs Fire and Theft Protection Household Contents Away Additional Lhrmg Expense Comprehensive Personal Liability Medical Payments Physical Domafe to Property of Others Average Annual Cost to Qinton Home Owners Form 1 Standard-Fire and E. C.-Brick Veneer Construction Form 1 Standard-Fire and E. C.-Frame Construction Form 2 Broad Form-Fire and E. C.-Brick Veneer Construction Form 2 Broad Form-Fire and E. C.-Frame Construction Average Annual Cost to Joanna Home Owners Form 1 Standard-Fire and E. C.-Brick Veneer Construction Form 1 Standard-Fire and E. C.-Frame Construction Form 2 Broad Form-Fire and E. C.-Brick’ V eneer Construction Form 2 Broad Form-Fire and EL C.-Frame Constructi • M $36.oo $43.oo $43.oo $49.oo $53.oo $59.oo $6l.oo $68.00 $43.oo $51.oo $50.oo $58.00 $64.00 $71.oo $73.00 $8loo CALL OR VISIT W. C Dobbins Insurance Agency