The Clinton chronicle. (Clinton, S.C.) 1901-current, September 03, 1959, Image 4
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
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ekwav** ike *«i«m«km am tip m«mafBg» fmmmr
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kigk.- ••*! ••a#mmatl fem * ream*mo *0*4. i
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fan maa mah ma as am* mas a as osmppmmi
ma koa f • am la
amk akask m «mmota fkamhea
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eth pram *twm asm omaa p»wam V mma ama
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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*
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•dfaaCa hm jffmm e^omm # pmm «d faa
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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
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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
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$53.oo
$59.oo
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$68.00
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CALL OR VISIT
W. C Dobbins Insurance Agency