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m* CLINTON CHftONICLK Tfcaraiay. Jom 23, It^o t Personal Obligations Thi!« l»einjr the wa^on f«r it, comment m in order on that not-jwvmodem in*titution known a-x the Commencement Addrea*. For one thing, we were impressed to note the concern of one speaker for his audience. All>ert R. Beatty, assistant vice president of the Association of American Railroads, told the graduates of Aquinas College in Grand Rapids. Mich., a* friend had reminded .him that: “there may \yell have been as many as five million commencement addresses since graduation exercises were first held by Euro pean universities in the Middle Ages, and that some 20 billion words—give or take a billion—have been loosed upon graduating seniors . . and hinted that he would try to emulate the terse mobilization order of Ethi opia’s Haile Selassie in 1934. “The country is now mobilized,” announc ed the Lion of Judah. All men and boys able to carry a spear will report for active duty immediately. Married men will bring their wives to do the cooking. Men who are not married will bring any woman they can find. The very young, the very old, and women with young children need not report for ac tive duty. Anybody else found at home after issuance of this order will be hanged.” As another example of getting it said eco nomically, Mr. Beatty quoted these immortal words of Edward Everett Hale (that are, in cidentally, rather in the spirit of his Great Uncle Nathan): "1 am only one man but I am one man; 1 can’t do everything but I can do something; what I can do, 1 ought to do; and what I ought to do, by the Grace of God I will do.” “Each of us.” said Mr. Beatty speaking on his own, “can help to raise the standards of our time through our own personal behavior. But we must do more than set a good exam ple .. . we must be willing to stand up and be counted on issues that transcend material consideration*.” “Starting tomorrow, this graduating class will be too old for the irresponsibilities of carefree youth, and too young for the excus es of old age It will be for this class, and all other classes now graduating, to be militant in championing that which ia right, to tough en the moral fiber of our times, and to hold for themselves and their posterity that which is truly worthwhile in our way of life. This, then, is the 'homework' that car ries o\er from the campus to the rhanguw horizons and the new challenges of a tomor row that is already here.” To which we can only add that those of us who are without benefit of commence ment advice may know best of all that our “homework" will never be finished. No Time For Brooding We see by the high-pnced commentary of some of our widely-known second-gueasers that the obviously necessary withdrawal of IVesidem Eisenhower’s invitation to viait Japan is a humiliating defeat. It is more humiliating than most, perhaps, when the visitor is on the doorstep. But one humiliation, like ope swallow, ap parently, does not make a summer. We have accepted humiliation in Panama, humiliation in Cuba, humiliation deep in the mysterious Urals at a place called Sverdlovsk, where (by our own admission) Mr. K brought down from the very’ edge of the atmosphere an American spy and aH his works in remark ably good condition. Following this, of course, came the humiliation at Paris where Mr. K bulldozed the summit he had so painstaking ly beguiled us onto. Long before this, of course, had come sundry Middle East hu miliations growing out of our failure to com prehend the Suez crisis — either before or after seizure of the canal. And then, of course, there were humiliations in South America, but, by today’s standards, they can only be considered as embarrassments. All of these incidents are examples of Communism- at-w’ork, but some were also evidences of America-asleep. We will agree that it has required more than a wavering foreign policy, a State De partment divided against itself, and the no tion that peace is to be secured by supplica tion to bring us to our present awkward po sition. In fact, it has required the expendi ture of more than $100 billion we didn’t have (as indicated by our nearly $300 billion national debt) to achieve our current global unpopularity. ; Fortunately, there are indications of a re turn to first principles—the stepping-up of defense appropriation* and increasing de mand for cut* in foreign aid. These two ac tivities should go hand-in-hand, dollar-for- dollar. We do not need to spend more—mere ly more wisely. The only worthwhile aid we can give thp free world now must flow from Communist respect for our defense posture. Freedom, Hke charity, must begin at home. Our own house is in economic disorder be cause of our preoccupation with the neigh bors’ and there are noisy delinquents on our doorstep that are in the same bad pompany as the Japanese schoolboys. There never was more to be doner-right here. San Marino, Calif., Tribune: “Arizona’s Senator Barry Goldwater, easily the domi nating personality on today’s political spec trum, drew wild applause and a standing ovation in the packed auditorium of New York’s Hunter College the day after the sum mit collapse. “ T am not as worried about Russia,’ he said, ‘as the lack of moral might in this country of ours’.” Humboldt, Iowa, Independent: “With Rus sia trying to destroy the United States’ posi tion in the world, both as a military power, and as a world leader of free nations, there should be no political party lines drawm by either party. National defense is not political. It is a fight for survival.” Coker Given Life Babeon Discusses How Different Stocks May Act In A Bear Market Babson Part. Mum June 23—I have been Ui tag at Pus subject for some time, and have rhided that seetng what happened m the last bear market may be the best way of < turn It will be noted that I have try groups accsrdmg to thru- percentage at STOCKS WHH H DETUNED ONLY I* TO » PEE CEVT Among the mdumry groupa that snWscod the are shipbuilding and tire nhirh declined about 13%. nocks Ml 17% lt% Thu listing M likely In choagr (Continued from page one) Coker testified that on the day of the shooting be was running a fever and had taken medicine and had drunk a small amount of whisky He said that on the night of the shooting "I was feeling so bad some times I didn't know if I was in the world or not.” He said he went to his bedroom, stretched across the bed with his clothes on and a short time later heard McCarty say “he’d top the bald-headed SOB.” The defendant said he then got his gun and a flashlight and was trying to get through a door leading from his room, to the outside of the house when McCarty entered. Coker testified that McCarty came over and hit him in the ribs with what he believed to be a wrench and that he fell to his knees. He said that when he raised up he brought the gun around and it dis charged. He said he saw McCarty stagger backward toward “Red’s” bedroom. In cross-examination Coker testi fied that his wife had heard him ask the McCarty youth to leave the home. But, Mrs. Coker, called by Solicitor William Jones as a re buttal witness, testified that she had not heard her husband make the request. She further testified that she had always “welcomed” the McCarty youth in the home, that he was her ions’ best friend. GUILTY PLEAS, SENTENCES Guilty pleas and sentences im posed by Judge Griffith during the week’s term of court included: Shirley Lindsey, violation of liquor Law. three months or $300. Hubert Ellis Taylor, driving un der the influence, third offense, three years or $2,000. suspended up on service of four months or pay ment at $300, and two y Hon Walter Gary, two charges of | breaking and one at and larceny, one year on each 1 to ran concurrently Jessie Simpson, placing within a tent in Willie tamh. vMnttan at law. one Syrr Y at a high and auravalad sum it News Around Rock Bridge TELEPHONE Ml-M-4 * gifts to Mr* Friends of Lewis Young will be interested to know he has returned home after a two weeks stay at the Veterans hospital in Columbia. Mr. and Mrs. John Craig of Un ion, were Sunday guests of their daughter, Mrs. Lewis Young, and Mr. Young. Mr. and Mrs. A. E. Lawson and daughter, Vicki, visited the latter’s mother, Mrs. Palline Lawsqn, last Sunday. Mr. and Mrs. Anthony Forrester visited Mr. and Mrs. James Stewart and children in Enoree last Sunday. Miss Maggie G-lasby and David Dominique of Laurens, were Sun day guests of Mrs. J. B. Taylor. Mr. and Mrs. Floyd Madden vis ited Mrs. Madden’s brother, S. E. Griffin and family, in Woodruff last Sunday. Calvin Adams returned home Monday after a week’s visit with his grandparents, Mr. and Mrs. W. B. Wilburn, in Cross Anchor. Doris Jones of Thornwell, spent the week-end with her aunt and uncle, Mr and Mrs. Walter Adams. Frances Griffin of Woodruff, spent several days recently with Mary Ann and Barbara Nabors. Mr. and Mrs. R. T. Dunlap, Sr., and Mrs. Lawrence Davis visited their mother, Mrs. Walter Harris, who continuues ill and is a patient at Rawlings hospital, SandersviUe. Ga. They were accompanied by Mr and Mrs R. T. Dunlap. Jr, of Greenwood Mrs. W H. Bell, Jr, daughter of Mrs Irene Southern, has undergone surgery at Self Memorial hospital in Greenwood During Mrs Bell's ar children, Jan and J forty and made plana to freahmanta at Bible school now ia progress at the church On Monday Mrs. Ruby Cooper sad Mrs. J. 0. Ray will serve drinks and cookies to the children Tuesday—Mrs Gro ver MclnvalUe and Mrs. Frank Young. Wednesday — Miss Betty McDonald and Mks. Ruby Adams Thursday—Mrs. William Ori and Mrs. Mark Forrester. On Friday they will be served by Mrs. Sara Cannon and Mrs. Janice Shifferiy. PICNIC AND COMMENCEMENT After Bible school this week-end at Rock Bridge Presbyterian Church the children will enjoy a picnic on the church grounds on Saturday. Commencement exer cises will be held Sunday night at 7:30 when each child will be pre sented a certificate for attendance. Mr. And Mrs. Patte Are On Tour Dr. and Mrs. Edouard Patte spent the past two weeks in New York, Niagara-on-the . Lake, Washington, and Williamsburg with their brother Dr and Mrs Bay J. My at tbs Surname Dr Patry. whs holds a Ph D dogiwe to chemistry from the Utovorshy af Geneva, is a chemical angMear and a businessman connected with the Heftier InetrumenU 0», and the Methrom Limited Co.. Swiss producers of electronic measure ment balances widely used in in- dutsry This is the Pstry’s first trip to the United Stated FINAL SETTLEMENT Take notice that on the 22nd day of July, 19*0, 1 will render a final account of my acts and doings as of the Probote at tor a final as AdntoT ito af Alto RMfcfir Mutts to toe other at the Judge of County, at M •’ the same day will discharge from my truto i Istrator. Any person indebted to tate Is notified and required to payment on or before that data; sod all' persons having claims against said estate will present them on or before said date, duly proven, or bo forever barred. MARION RICHARD STUTTB, Administrator. June 20, 1960 4cJ-7 Subscribe To THE CHRONICLE BEASLEY THANKS VOTERS OF8TH JUDICIAL CIRCUIT “I am grateful to the citizens of the Eighth Judicial Circuit for the courtesies uniformly extended to Mrs. Beasley and myself during the recent political campaign. I was fortunate in renewing old friendships and m form- ing new friendly relations with numerous citizens throughout the Circuit. My sincere thanks tol all of you.” :x art with their grandmother Mrs Southern. Jan and Jennie and Mrs Ray Caubte to CUnton, attended the Caldwell re uatoa la Laurens Is* ^Etonor Mahon to Greenville. spout loot < week wflh her gmi parents Mr and Mrs A. A. Ram. ton* BOLT SELECTED COUNSELOE Mm Vatma Boh hs« from Re - Elect CALDWELL W. WIER Sheriff of Laurens County DID YOU KNOW...? CALDWELL WIER to 67 ymrs oM — ntroaf. able and capable. CALDWELL WIER made no promise* four year* ago concerning hi* de cision to run thto rare. (Thto baa been verified by both candidate*). CALDWELL WIER to recognised throughout asany atataa for hi* ability to handle the manifold dutie* be THAT the NAACP to fighting him. THAT we shoo id be gmtefni that be to willing to of on In I THAT we may make a mistake to trade a fair, efficient and for am til off tar by . Mrs. ‘i* att 27% . wrcraft dostitol factiinaf. however, nuijr ImH off VTOCKS WHICH DECLINED to TO to PEE CENT Storks m the order. Xroup. declined around to *. Paper Stocvs to the textile and apparel am decknad SPG. Radio | 37% Meat pocking stocks declined their timber land sod ore hokhngs. certain to thr pa per. rteel. coal, and fas stocks may da better to the next bear market Unless there is massive meat, the menrhaodumg and apparel may suffer to a lesser degree than in the last be market. STOOLS WHICH DECLINED MOHE * THAN M PEE CENT The groups which suffered the most included the radio and television manufacturers, and mining and smelting—which were off 41%. Truck manufacture stocks dropped 42%. Air and mail transportation stocks were off 45%. Copper, lead, and zinc stocks fell 49%; also alummnum stocks. The carpet and nig group declined more than 50%. Over the long run, stocks of natural resource companies should ulti mately prove valuable to the investor with patience WHAT ABOUT ELECTRONICS STOCKS? During the last bear market, the electronics stocks were not popular. There was then no attempt to fire long-range missiles, or to circle the moon with rock ets. This is something which has developed during the present bull market, which has been in exist ence for about ten years. This electronic am space work might change the positions of many to the groups listed above. My own opinion is that these electronic and apace stocks would be listed with those which showed a de cline to over 40%. I, to course, am in favor to a grad ual reduction in armaments. On the other hand, if gradual disarmament comes about, I fear that the electronic and apace stocks could severely suffer. In fact, a good many to the other stocks groups mention ed above would do well to hold their record to die last bear market. CUNTON, S. C., THURSDAY, JUNE 23. 19** ®l)p (Eltnton (Uhrmtirlr Established IMS Jsly 4. 1889 - WILLIAM WILSON HARRIS - Jaae 13. 1851 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) One Year $3.00, Six Months $2.10 Out-to-County One Year $4.11 Second Class Postage Paid at Clinton, S. C. The Chronicle seeks the cooperation to its subscribers and readers — the publisher will at all times wist suggestions and kindly advice. The Chronicle wffl publish letters to general i ■to to a defamatory nature. Anonymous cumniunications will not be noticed. This paper is sr the flews ar eatotoas to Hs !«• law. S on the fir* on the the Howard Lucas, larceny, eight ed and two yean Clyde E year or $1,500. babon upon payment week. Wilbe Vance Brant, larceny, mne months, suspended upon service to three months and two years proba- Uon. a - Jack Newton, non-support, six months or $1,500, suspended and probation upon payment to $10 per week. • Thomas W. King, house-breaking and larceny, six months suspended and two years probation. Willie T. Martin, violation to liq uor law, 30 days or $100; William L. Keros, driving under the in fluence, third offense, three years or $2,000, upon service of six months or payment to $500, sen tence suspended and two years pro bation; Jack Cheek, violating liquor law, 30 days or $50; Harold Smith, two counts house-breaking and lar ceny, two years on each count, suspended and probation two years, to run concurrently on each count; Russell Edward Layton, two counts house-breaking and larceny, two years on each count, suspended and two years probation to run concur rently; James Dean, two counts house-breaking and larceny, five years on each count to run concur rently; J. B. Searies, escaping pub lic works, 30 days, ts run lively with a twice; Ernest Strickland, breaking with intent to steal, ane year, suspended, two yean Uon; Richard McDaniel, IB, _ breaking with intent to steal. State Industrial School until the age to 21; Reuben Stood, yeah sr $1,560. bation upon payment to$tt • P. C. Leake, larceny, six fated nature, eight IP TOO TOO *83,000°o Will Be Paid in Dividends FOR PERIOD ENDING June 30, 1960 ARE YOUR SAVINGS EARNING FOR YOU? Put Your Money to Work for You Here Whore Your Earnings Are Safe and Sure OPEN A NEW SAVINGS ACCOUNT ADD TO YOUR PRESENT ACCOUNT Deposits By July 10 Will Receive Full * Six Months Credit at Next Dividend Period CURRMT RATE 4% $ Citizens Federal SAVINGS AND LOAN ASSOCIATION CUnton, S. C.