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i -vj- THE CLINTON CHRONICLE Tburad&y. October 27, 1M0 -A Times Change FW domertv mottern have been jriven v'T>*i»ter attention than the estimate, made *»m« months apo. that there would be a $-1 2 billion fetleral budget surplus this fiscal \ ear This Administration estimate, of course. \%a> made in all honesty. It was predicated on the ?*•'! available anticipations of govern- r \\ ment n venue—and on the hope that appro- ( pnatH*ns wouM K limited to the requested figure. Well, times t hange, and fast. Budget Direc tor Stan> now tells us that the surplus will le only $1.1 billions—about 76 per cent un der the original estimate. The reason: Ex penditures are higher than was expected and tax revenues lower. The drop in revenues was primarily due to declining corporation taxes. Rising expenses and tougher competition ha\e made big dents in corporation profits. So. during a period in which business ac- tivixy in general has been running at very high lewis, and wages are at record levels, the budget surplus has been all but eliminat ed. What would happen if a real recession can’*- ah>ng—much less a full-blown depres sion The Worm Turns— *\| Against Fidel t Tb^ state Department won’t admit it. but experienced Washington observers see rrl the recall of l*hilip W. Bonsai, our long-ostra cised Ambassador to Cuba, for “extended consultations,'' the actual severance of dip- tomatic relations with the beatnik regime of Tide; Castro and "Che" Guevara!" *“■ If this is true, we see no reason to be so coy about it. And if it is not true, then we wonder just wha: it takes to offend our offi- via! sensibilities! News that Ambassador Bonsai was pack- mg all his things—not just a clean shirt— followed ,»n :he heels of the LT1 report from Havana, credited to "an informed diplomatic source." that over the October 15th weekend, five fighter planes of the Cui*an air force w*Te emtielhshed trtrh the insignia of the L S A.r Force. The pn'umptH-n was that these propeller- driven Sea Pur> pianes. armed with U*Jth vann. r. and .V^-calil«er mac hine guns and pur chase*! from the Br.tL>»h by the Batista re gime. we v ti* figure in an elaliorately staged "attack" mat would pn*ve to the world the ir.mma a.lions of the I SA against poor lit tle t aica This._uf course, is of a piece with thr "ciecerr.eas"* of Castro’s announced plan to send a forex- of women and teen-aged chil dren again-t the I’S Naval Station at Guan- tanam* Bay. If the I'S Marines were to fire on these attackers, they would be touching • •ff an international scandal, and if they did not. the :«a.-e would l<e presumably lie taken frvn. them In view of me embargo placed by the De partment of t mmerve on the export <*f US goods lexcepting wheat and medicines i to < ui.»a just the iia> before Mr. Bonsai was told to pack up. there is some reason to supevt that Mr. Herter is tieginning t»> think that Dr. Castro car t :«e trusted! Actualy. cutting off the milii<»n *» year e-xx'ons :p»n'. the US (providing we can jirevent them. *ing transshippetl into Cuiia via othe: ^-untrincluding the USHRi i> gedng to r ^rt ( astro nH*re than doing with out Am -a-sa >*r Bonsai. The 4W private bus- .ne"e' :..,th»r.a.i2ed ;t*y Fidel in recent days, the -en:eo American oil refineries and sugar cenTais. will s s.n i*e worthless without re- jiair jver*.and replacements i«.r their US machinery. •lu.'t ' j hills, m- n... protev tioH c-.r-n i:»t>e-rs. ii> Good Sense According to the Cnamber of Commerce • •f the I'nited States, the United States na- *ionai cie* t. which now totals $290 billion, ex- *eeds tr.e c*'m!»ined de*bts of all other nations in the world hy $47 billion. It observes: Wlien you *we a lot of money,-it makes good sense tc» pay some back. This rule is as good for g'-vemments as it is for people." The *ie(*t can gradually be paid back in only *>ne wav — by rejecting unnecessary Spending Local Represeotatives The Reason Why A gocxl many pe*vple no doubt wonder why , _ there should be any particular opposition to Jq CdmOmC GOlQCII the proposal that the federal wage-hour law, j # "j’ popularly known as the minimum wage law. ! Jyb||66 IH n6W lOrK .'hcvuld Ih* extended to retailing, which has l>e U*en exempt ever since the law came into l»eing in depression days. The American Retail Federation has pro- v ided a clear answer. The opposition is based on the fact that retailing employs a far great er percentage of temporary and part-time employees than any other major industry in the I'nited States and so is in position. Attendng the Camp Fire (tc4den Jubilee celebration in New York October 29 through November 4 will be four adult <rfT>eial< in the or ganization and three girls who are members Mrs W G King. Jr. executive director of the Clinton council. Mrs Thomas F Hollis, council Man U justified by faith and not When Luther received hit letter by superficial works. of excottmunicatioo and thus under The Christian Church is made up yood that the Roman Church was of a priesthood ©t all believers, a unwflmi* to reform its practices, he priesthood which has been entrust ejected the authority of the pope ed to Proclaim the Gospel of salva ' As testimony of the breech he pub- tion through the wwk of Christ hcl y burned the Roman books of Jesus cannon law which regulated and The laity is entitled to receive disciplined beyond the revelation of the communipn in both kind (i e— Scripture the lives of the people On in the form in'which Jesus first in- U* flre - t0 °- he tossed the papal a very special P res *d t ‘ nt . and Mrs J B Temple ton. regional representative from ; region three, and Mrs. A. B. Da These employees, it should be emphasized, v id son, a Horizon group leader, are aiv rarely the family bread w inners. They work at Christmas time and during vacations. Some put in a few hours ihiring weekends stituted the Lord’s kupper.) The carrying of religious princi ples into daily living is the true ex pression of a living faith. All Christians have a right to a knowledge of God through the un fettered reading of His Word. Even as salvation comes by faith in Jesus Christ, so real Ireedom the officials. Girls to go are Miss through an understanding of Norma Davidson. Miss Sandra Ule truth of t; «d which we have. Mills, and Miss Kathie Snelgrove revealed to us in Jesus Christ. ^ „ Mrs! Davidson will leave Green These aiv among the fundamen- vvhen trade is heaviest. Generally, the tern- v m e by plane Saturdav with the la truths bdiev ed by Lutherans, porary or part-time workers are unskilled, girls, while the three others and a large majority is made up of students, retired workers, older women and numbers of housewives who put in some hours to sup plement the family income. These workers are of limited value to the bull of excommunication. Many historians look upon this act as the beginning of modern his tory. Never before had a common monk been able to defy the hier archy at Rome and live to see the effort crowned with success. Luther’s insistence that the Church be guided by the word of God rath er than by human traditions was one of the outstanding landmarks of the Reformation. From the foot steps of Luther rose other great re ligious thinkers. Zwingli. the Cal- will REPORT OF CONDITION OF Newberry County Bank Geldvfll© Branch Of Joanna in (hr State of Sooth Carolina at the close ef basinets so October 3. 1960. ASSETS ash. balances with other banks, including reserve balances, and cash in process of collecUon ... j ^34 Tig 21 854.273.75 226,314 48 national headquarier*. and a bene- Loans amUlocounts (including $101 38 overdrafts) these workers’ productive value. fit theater party. The Miracle Bank premises owned $37,500.00. go on Sunday by plane Planned for the 50th anniversary program are a wide variety of ac tivities, including committee and business meetings, workshops, en tertainment and sightseeing tours I store w hich employs them. It is equally clear ** mterestjng and hlstonc P ,aces that an arbitrary federal law. applying equal- . A J/J* 10 n * I / .. , . „ , . . ... 1 ,-**i , • T breakfast is scheduled for Monday United States Government obUgations direct and cuaranteed ly to great cities and little ones, which would along Wlth historical exhibits at the Obligations-of states and political TlxlivisTons * establish wage and other standards not bal ‘ * anceil by 1,378.385 31 could have only one result—maximum pos sible reduction in marginal employment. This is one of the compelling reasons that led the la>t Congress} to shelve the proposal to make federal wage-hour coverage ahnost universal. Babson Discusses Census 54 382 27 83 06 $3,148,177.08 Babson Park Mass . Oct 27—1^6 following rough analysis of ;he I960 Census figure* is intensely in teresting to me The figures show that the total popu uuo. cl UK- U®Kd SUt«. UKludSnc H««i ^ ^ „ 15 nu wn ^ ciKiWji M’orker." at Radio City Music Hall furniture and fixtures $16,882.27 At the opening session on Tues- Other assets day morning at Carnegie Hall. Postmaster General Arthur Sum- TOTAL ASSETS * merfield will present the first LIABILITIES sheets of Camp Fire Girls Com- Demand deposits of individuals, partnerships. memorahve Stamps The four cent and corporations $1,840,028.46 stain? with the Camp Fire insignia Time deposits of individuals, partnerships, and corporations 624.772 82 - and the dates 1910-19I8 will be. Deposits of United States Government available at poet offices <m Wednes (including postal savings) day VT’profesaMnal staff luncheon Deposits of States and political subdivisions Deposits of banks Other deposits (certified and officers’ checks TOTAL DEPOSITS Other liabilities one came out of the r ii: t«» them again for ubiillusioned one-time i Alaska, is now .tbout 180 million over I960 LARGE CITIES SUFFER For the first time since the original federal decen nial census m 1790 all of our largest cities except one now show a decline By "large cities." I mean those with 1 •*> t«x> or more xopulatior forming the core of arger * metropolitan areas " Considering that the U S ha> been taking censunes for 170 years, this is ar. extraordinary event The above mentioned •'one exception” is Los An leles. which .4tows a gain of over 30 per cent This is due to several reason.' Los Angeles has oil within its borders It is also a center of the fruit industry or at least it was an il the mhab.Unis began to up root trees in order to build subdi- vi>ion> Until the smog trouble de veloped. the Lot Angeles climate was alw> superb BOSTON AMONG WORST E#, ' r w DECLINES Of all large cities in the U S Bosioo has suffer ni one of the greatest lo>ses My first job after gradu a-ng from MIT wa> in Boston, mbich then had a population of 500.000 This increased to 750.000 in 1940 when the Boston Chamber of Commerce was '.•recsfeting a po(>uLatMin of 1.000 noo for the city Bos tor pr »-*r did reach 8on 000 in 1950 but the number ha- '.me dwindled to 677.000 B -ton has lacked natural mources, with the pus v.ble «\cep:ion of the fishing .ndustry Educational institutions and small factories have been its chief assets Bo-4on may still claim to be a great educa t.unal center, but it u rapidly losing its factories and m.:is The New England shoe industry has moved to tv • entra! West where hides are plentiful; the iex- tii* nulls are moving South where they are nearer the cotton and sheep Southern California and Eastern Massachusetts ride a: lhe head of the "elec tromc- narade " Union wages and n-stnetions are a -and C3^>. but the quali’y of New England workman ■'••p s venr high lae mos* reveal nig statistics of the 1960 Census tencern the mighty force and growth of suburbia Mus. ;**-*ple who have left the large cities have not moved to other states. Rav Jier. they have moved pri- •nari-y to new suburbs some fifteen to twenty-five n:!, « distant This not only gives them better living conditions, but provides an entirely new social life. Mu jot factors causing this change are auromo- mles telvvhones. and television These factors, plus oirplanes. have rai>ed havoc with the railroads as well as the large cities The railroads employ only SOO.OOO workers compared with 1.200.000 in 1950 Truck' are carrying the less-than-carload freight, while supermarkets and shopping centers are dis tributing the merchandise. Use of natural gas has doubled, while coal has suffered tremendously The number of miners working m some area? of West Vir.inia is now only half those m 1950 THE BOOM IN HOUSING Since the census of 1950 the U. S population has increased by 20 per cent, bousing by 70 per cent And will also be held on Tuesday Special interest sessions, lecture*, style shows, and a reception for Dean Elizabeth Neville and MiS' the etc.) $2,859,065 39 126 686 62 210.628 21 *9.963 42 6.984 86 . John Wesley, and others dared to question tradition and to search the scriptures for their answers. Like the disciple Thomas, the Prot estant Churches of today have been strengthened by their doubting and their honest re-researching through the Scriptures. Submitted by the Christian Min isterial Association 27 Students From Laurens Area On Roll At Presbyterian Twenty-seven stu^intk from the Laurens area are earaMed at Pres byterian College for the current tenn. Ttaey are: From Laurens: Frances Doris Estes. Sara Kathryn Estes, Julian Cordell Conte, Frank Dewey Arm strong. James WaDUm Harris, Isaac Daniel Ford, Jr., James Ma- chen Monroe. Vivian L. Taylor, Un- day Carol Traynham, Gerald Young Pitts. Jack Rudoipil WrlriR. Norma Jean Weisner, Martha Ann Monroe. LeRoy M. Madnmo, Been, or Rose Kennedy. William Robert Julien, John Lewis Gflkeram. Mich . ad Rollis Dawkins, Baity Jean Bishop, Larry Hill Madden. Broad us Hugh Madden. From Owings: Jimmy Taylor Campbell and Cecil Allen Camp- j bdl. From Gray Court: Gerald Wayne Wilson and Doris Stephans Naim. Others are: David Tube Garrett. Fountain Inn, and Jerry Michael Rook of Wattsvilie. OFFICE SUPPLIES chronicle run. CO. 3.765 48 of events Miss Neville will prvs»d<- over the Golden Jabtiec Banquet on Wednesday evening The ckMiflg mwsmo oa TTiursday evening will be thr Golden Jubile* Musical Spectacle. "One Little Girl ” Miss Davidson, daughter of Mr and Mrs A B Davidson is spon sored by her Tandj Hon/or group Kadoka area She is sutecr. and a member of the tenth grade at Clin ton High School She has attained the Torrhbearer rank in Camp Fire and attended ramp every sum mer "Fellowsip outdoor life and cam." Mis* Davidson said, "are the thing;. 1 enjoy amt It ts w:tk great pride that 1 belong to the or ganization and I am delighted to be able to attend the Jubtlec Mis* Mills. 17. ui the Lena area, who is a number of Mis* Nellie Osborne v group is bnag sponsor ed by Lydia Mill* A senior m high school .she is the daughter of Mrs Jessie Hair-:a- and the late Rufus Mills In expressing her approriatioa at being able to attend thr meeting. Mis* Mills said. 'Camp Fire has done so much for me m hetpmg to overcome shyness Thr association with other girls and rraRs are the two features of Camp Ftrr that are most significant to me '* Attending wonsored b> the Clin ton MiDs is Miss Sorkrove. wh < has been a memto r of toe orcam xatii' i since she wa- nine years o'd. Mrs D O Freeman, her leader through the years, says she has missed only two me tings m this time and has earned a!’ the hon or beads required to complete the Camp Fire work Mis* Snelgrove spoke en:husiast.caliy a boot the in spiring work ard definite goals of the organization saving that the fellowship and rerrear.on. miking ne>w friends and dome things wiJi others had meant -© much to her The 18-year-old daughter of Mr and Mrs W R Snelgrove. she is a senior in high school Protestant Churches Celebrate Reformation Reformation Sunday. U> be cele brated this year or. «ictober 30 by i many Prote?tant churches, is the Sunday set aside to c -m meroorate TOTAL LIABILITIES CAPITAL ACCOUNTS Capital* Surplus Undivided profits Re verves < and retirement account for preferred capital) TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES AND CAPITAL ACCOUNTS S2 862.830 88 $ 125.000 OB 75.000 00 85.334JS 11.31 $ 285.346 20 $3 148 177 08 *This bank's capital consists of: Common stock with total par value of $125 000 00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes $ 504.656 25 Loans as shown above are after deduction of reserves of 25.000 00 I. Joe M Roberts. Executive Vice President and Cashier of the above- named bank, do solemnly affirm that the above statement is true, and that it fully and correctly represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief JOE M ROBERTS Correct—Attest: J. H Beard A W Murray W. C. Huffman. R Wright Cannon Directors Sworn to and lufernbed before me this 20th day o( October. 19t»> and I hereby certify that I am not an officer or director sf this bank GEORGE W RODELSPERGER. Notary Public My commission expires at pleasure of Governor. Take a L at oar HOME LOAN PLAN or kmRd. 1 (2) Liberal' rates (4) A in—lot our people beat lor you 1 home you're oomg k> buy get mil these benefito: (1) our income 'like a glove"; aymeet privileges; (3) Reasonable that leads you duuctiy to frue-and- m tba sbortoet pa nod of tame Coma work out tba boom financing that's CURRENT DIVIDEND RATE ( OMIVl NDED SEMI-ANNTAl.n # CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION J* Voted Most Trouble-Free Car by Owners, year after year ... Rambler is even more trouble-free in "61 almost half the expenditure for total new: construe- the first successful break from the Uon is now going into housing—practically all in the suburbs, and built mostly on credit amounting tc S190 billion or more The most unfortunate figure m this 1960 Census > the amount being spent or. borrowed money. These great mushrooming suburbs are built on borrowed money—no: only the new Jtause^. but also their fur- niitung.' and the automobiles 1 estimate that the su burbs have also borrowed, since the 1950 Census, over S100 billion for roads, sidewalks, water, gas. etc. One dollar out of every eight of take-home pay is ap parently obligated for appliance* and other things u.-eful but not necessary. Wbat wou-’d happen to these 'Uborbs in case of a severe depression makes me shudder. CLINTON. Sv ('., THl RMDAY. OCTOBER 27. I960 dhp (Ilintnn (Thrunirlp Establiteed 1900 July 4. 1889 - WILLIAM WOhON HARRIS - June 13. 1955 PI.BUSHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY , . One Year $3 <S~ Subscription Rato 'Payable m Advance) Ou’.ofi’ Six Months $2 00 One Year $4 00 Second Class Postage Paid at Clinton. S. C. The Chronicle aeeks the cooperation of its subocribers and readers — the publisher will at all times appreciate wise suggestions and kindly advice TV Chronicle will publish letters of general inter**! when they are nu of a defamatory nature. Anonymous communications will not be noticed. This paper is not respocii.bie for the views or opinions of its correupcodenta Member: South Carolina Press Aasoriatioo National Editorial Aaooriutton / « » i ^ National Advcrtttig AMERICAN PRESS ASSOCIATION New York. Chicago. Detnm, Philadelphia unchallenged rule of the Roman Catholic popes in Europe since the year 600 A. D On Halloween (AR Samis’ Eve) 1517, Mnrdn Luther nailed his Nine ty Five T <.;.- to Lie Wittenberg Church door These ninety five theses were not son* declaration of a defiant break from the Roman Church Martin Luther never had the intention of leaving the Church of Rome f ar from his mind was tne setting up of a new church. To Luther, the Church was the Body of Chnst on earth* E?b- sians 1:22-23). and those who deliberately broke oil to set up a "new church” were in error All that Lutner wish ed to do was to reform the Church of Rome from the errors which he believed had anser The ninety five theses, therefore, were ques tions of debate concerning tne legi timacy of the practices in the Ro man traditions of his day The answer of the pope was hut and furious. In 1520 at the instiga tion of Meistor Ecfc. the pope isiwed a papal bull denouncing Luther and his co-workers as henries. Luther was tried at the Diet of Warms (January 1521) and condemned tor questioning the authority of the pope On May 28. 1821. thr edict of excommunication was mooed These are some of the idea* far which Luther was condemned The Bible is thr source of truth with and Hew 1961 Rambler American Deluxe 2-Door Sedan. America’s iowest-pneed car—room for six One of 12 Oil-new models for 1961. *1845 iiratf i . ■ a*. ’61 Rambler American The New American Beauty at the Lowest Price of All! AII-New Functional Beauty. Smart, mod em, wig stay in style for years to come. AM Now Ceramic-Armored Mkifffar and TaNpipo. All-Now Beautifully decorated 6-passen ger interiors. AU-Now Trunk Space 50% greater. Ad-Now Sectional Sofa* front seats gbde back and forth mdividuaky. Ail-New 443 wagons, too. 2-door • AM Now Alrhnor I fu>y. make level Travel Beds. • All-Now If pother-Eye* Meeting AM Season* Air Condthonw^. recline • Tap Neaala Voteo proved by 11 35 bdhon owner-driven nates. • 90 HP or 123 HP Stu. 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