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THE CLINTON CHRONICLE Thursday, November 10, 1900 Needed: Industrial Statesmanship —^ In tht* m>rdg hf Secretary of LaiH*r MftcfT- ell, the agreement between railmad manajre- ment and the railroad operating brother^ IhxkIA to submit the (U^j[>ute over work rules to a presijiiential commission marks " a mv>n- ununtal step in one of our basic industries. The commission will consist of 15 meml>ers. • >f which management will nominate five, the brotherhoods five and the remaining five will be "public members" who are not committed to the position of either side. Managemeih linvl union leaders seem to “ 1 "'~'-3iare at least some of Mr. Mitctiell's en thusiasm. A management spokesman says. We wholeheartedly welcome this presiden tial study commission as a major contribu tion to the public welfare, and will help in every way to make its work a success. . . . • With such full cooperation from all par ties. we have no doubt whatever that this group wili be able to find solutions for the problem of wasteful work rules that now so heavih burdens all tH^''nation." A spokes man for the operating unions called the agreement " a major step toward the re- est..' lishment of sound labor relations in the / rai •'ad industry.” It is important to note that, under the agreement, the commission’s recommenda tion.'. whatever they may be. will not be binding. They will simply be advisory. This means that a high degree of industrial states manship will be needed on both sides if the study, which is to take about a year, is to produce tangible results. It will be a tragedy if t here is failure. For the^ railroad problem, of which work rules constitute so vital and costly a part, is one of the most urgent of all our domestic problems. And, needless to say, the long-term welfare of railroad labor, as well as the railroads, depends upon its fair settlement. Going Forward From an editorial in Farm Journal: “'Quite, a lot has been heard in this campaign about going forward’. That dosen’t impress us. This country is going forward no matter who is IVesident. In the United States, it’s the people, not the President, who furnish the motive power and determine the pace. They do, that is. if they retain the freedom to make their own decisions and to take th»- initiativ e.’“ A ver\ .cal danger, when “going forward" become.' a political issue, is that we will auto matically assume that the government will do all the leading, will determine just what percentages of annual growth we should have, and will take the necessary steps to achieve the goal. In other words, govern ment will give the orders and we, the people, will obey. That is the way things are done in dictatorships. But if they're done that way here, we’ll be through as a free nation in which government is servant, not master. A Disappearing Issue? A controversy over government health- care‘benefits for the aged is very much in "the news noA\ But, reports the Chamber ofj Commerce of the United States, it may dis appear as a political issue. The reason for this is simple—the prob- Dr. Patte Begins New Season With College Singers NewsOf j Bonds Cross Roads trips Ttioee enjoying week-end to the mountains were: Mr. and Mrs Felton C'rapps and Having passed his 500th concert grandchildren. Ann and David as conductor of the Presbyterr.Hi ^ (.olumbta and C D lem is gradually, even rapidly, being solved College robed choir last spring. !>r Ktchards of Clinton, spent the without widespread government intenen- Edouard Patte looks forward to an V eek-end in Cherokee. N C., and . c t'v. * other full season with 25 perform- ^going forward. That doesnt »hipress us. ^ sohorhlW w the 19*mu the aged who need arid want health insur- session ance will have it, and in five years, accord-' j)r Patte assumed direction irf ing to the projections, the figure will be 80 the choir upon joining the PC fac- cent' ulty in 194 as professor of sociol- * . ogy i The last Congress turned baik the dri\e since that time he has taken his to set up compulsory health care benefits group over thousands of miles for evenone drawing Social Security pay-1 throughout the Southland and to menu, whether they needed or wanted them a pk “ r *' 01 Md 01 : Pitts, chairman of the legislative and international relations commit tees; Mrs. Richard Boland, chair man of Education; Mrs. James Evans, secretary, and chairman of the health committee; Mrs. New man Shouso, vice-president, and 1 4-H club chairman 4-H CLUB TO MEET On Monday, November 14 at 3:30 the boys’ and girls’ 4-H Clubs will meet at the club house. All mem- toured the mountains of North are urged to be present. Carolina by way of the Blue Ridge * * * Parkway ^ i. The ladies of Shady Grove Pres- Mr and Mrs. James Evans were byterian Church will meet Thurs- visitors in Greenville Friday. _ day, November 10, at 7:30 at the Mr and Mrs. Russell Hughes of home of Mrs. Ruby Wright on the Aiken, were week-end guests of Mr ! Whitmire highway. choral sacred music performed bv or not. Instead, it i>assed a federal-state college organizations measure which is designed to help the aged) The choir will have as its musi- visitors people who are actually needy. Let’s hope cal theme this year “The Conquer- i>m s and Mrs. Clarence Hunnicutt. Recent visitors of Mri and Mrs. lames Evans were Mr. and Mrs. H. Z. Sharpe of Florence Mr. and Mrs. George Cobb and son of Rock Hill, ^re week-end of future Congresses hold to thatwise policy. Essex Junction, V’t., List: “We like to think that there is still room for individual enterprise, not only in this country but in this wide, wide world. We like to think that we get a lot letter government right here in Vermont than we get from Washington. And churches we like to think that perhaps some enlighten- ^ ov 20—Georgetown (morning), ed mg Church." In addition to Sun day engagements in churches of South Carolina. Georgia, North Carolina and Tennessee, the Pres byterian singers plan a week-long spring tour into Alabama and Miss issippi The 1960-61 schedule calls for ap pearances in these Presbvurian Little Miss Becky Franklin of Joanna, is spending some time with hk*r grandparents. Mr ami Mrs. B. W. Cooper Susan and Kay Sbouse attended Mr. and Mrs. David a birthday party for B.trb^ra Pitts I in Clinton November 4. Friends of Mrs C. B. Johnson a former resident of the commun ity, will be glad to know she is im- Mrs Texie Johnson attended a Proving following surgery at Hays p irents day prog-am at Whitten; hospital. ; Village Sunday. Mr. and Mrs. Frank Simpson of Miss Martha Pitts, a member of the Rock Hill Schools faculty, was it homo on Sunday. Two Laurens Men Charged In Attack On Clinton Youths Laurens*—Two Laurens men have been charged with aoault and bat tery of a high and aggravated na ture in connection with an alleged attack on two Clinton High School youths Deputy W. D. Bums said Charlie Johnson, 15, and Larry Mbtte, both of Clinton, were attacked Friday night at the Laurens-Clinton foot ball game at Laurens High School. Arrested shortly after the alleged incident were Charles (Bu<kiy) Griffin, 21, and Bobby Jennings, 23. both of Laurens. The officer said the incident oc curred near a rest room shortly after the second half of the game got underway. Deputy Bums said witnesses reported that the two men asked if anyone from Clinton was there and the two youths an swered that they were. According to witnesee*, the dep uty .said, Griffin struck the Johnson boy and Jennings attacked Matte. ( The men fled on foot? according fe the deputy, and were arrested at a service station by Laurens city of ficers. Johnson was treated at tM Lau rens County hospital for head injur ies and a crushed nose. A Newber ry specialist made X-ray pictures of the injuries Saturday. Mbtte suffered minor facial in juries, according to Deputy Bums. Jennings was released Saturday on $500 bond and Griffin was freed on $2,000 bond. Rites For John A. Seay In Ocala, Flo., Tuesday John A. Seay, of Ocala, Fla., died . suddenly Sunday night at his horn* ' in Ocala. Surviving is his wife, Mrs. Willie Putnam Seay, formerly of Omtoo. Funeral services were conducted Tuesday at 2:00 p. m in Ocala. the postwar years.’ self-interest m our foreign affairs would . N r/ ' e get us a lot more mends in this world than nH ,g ); 4_Home <Ga.) First our gigantic give-away has gotten for us in Church (morning), and Decatur (Ga.) First Church (evening); Jan 8—Anderson's C e n r t a 1 (morning), and W a 1 h a 11 a (eve ning); Feb. 5—Aiken First Church (morning), and Columbia's Eau Claire Church (evening); Feb. 19— Clinton First Church (morning), and Try on (N C.) (evening); Feb. 26—North Charleston's Park Circle Babson Discusses Savings Babson Park. Mass . Nov 10-Up until a few months ago. the popular subject of discussion was the so-called ‘golden sixties" business boom Expecta tions were based largely upon the projected growth in population and consumer spending—predicated up- Church (morning), and Columbia’s Covenant Church (evening); March ^ ration c,ublS in 12—Walterboro's Bethel Chun* was emphasized Friends of B. \V. Cooper will be glad to know he is at home. Mr. and Mrs Cooper were in Green wood Wednesday where Mr. Cooper received medical advice at S^Jf Memorial hospital. The parents of Mrs. Richard Boland. Mr and Mrs. J. A. Swarts. of Andrews, visited Mr. and Mrs. Boland over the week-end. They Church were accompanied by their daugh ter, Mrs. Wyman Mobley, of Au gusta, Ga Members of the Shady Grove Home Demonstration Club took part in a training meeting at the agricultural building in Laurens on Monday .November 7. The vakie of the Home Demon- Laurens County m the training Marietta. Ga., were visitors in the community Saturday. IF YOU DON’T READ THE CHRONICLE YOU DON’T GET THE NEWS PHONE 74 on the free-spending attitude of consumers since the ^ rst (“hurch (evening). Church ( morning), and Woodruff mo «f*ng held for officers and chair men of committees Monday. The .-nd of World War II Consumers have upee. the ap- , Spnng , T< r : Mar * ,1 ' pie cart, however, hy exhibiting greater patience with ^TwUila.u'’Chu^ h'™^ '•’>«>”• ««mai,onal relattons. Sp ning); March 24—Hattiesburg k “*T* sa,et y ^ *- H dub work led B«crr W B>b*M A Plant Is Kept Open The Wall Street Journal recently carried an interesting and unusual little news story concerning a group of union workers and union officials. The union men concerned are employed hy a company which manufactures various kinds of electrical equipment used in auto- mobiles and boats. But high costs had made if necessary to close one of its plants unle.-s some kind of remedial action was taken. Company officers proposed an incentive pay plan under which going wage scales would be maintained but the productivity of work ers would be increased. In other words, it became a matter of more work for the same pay check. - The result: Union officials approved, and ’he union membership Voted for the plan al- , most unanimously. The plant will be kept fpen. its production increased, and the jolts nvolved have been saved. Thi.- group of union workers and officials, and the company, faced and solved a prob- em in the one sound way. It is a problem vhich is becoming more and more general in a long list of industries and enterprises. Wages and other payroll costs go up and up -while manhour production goes down or remains static. Then the competitive power "f the industry involved becomes steadily weaker — particularly when it must meet foreign competition. Layoffs and plant clo- >ure.' Itecome unavoidable/ regard to building new homes and purchasing dur able good.' Moreover, they are putting away larger a mow As in savings. The net result has been a slow-i mg down of industrial activity PI TTING THE BRAKES ON INFLATION Political promise*! have been thrown ait voters by ! the candidates in an attempt to claim credit for halting inflation. The truth of the matter is that the bulk of the credh belongs to the consumers Although Federal mon etary policies demisted to tighten credit can dampen inflationary' pressures, it is the voluntary ac tion of consumers which determines spending and burrowing By sticking to a systematic and intelligent savings program, the readers of this column can both help check inflation and lay the groundwork for a healthy period of future economic growth Cure-all legislation suggested by , politicians appears very tempting; but it is the oid- fashioned habit of THRIFT which, in the long run. will promote sound business growth and hold down nflation WHAT ABOUT SAVINGS? At the present time, the rale ut individual saving! has been increased to over $25 btRior a year. This is almost $1 billion more than people saved m the 1958 .recession year, and almost $2 bilkon more than they put away last year. In addition, by easing up on bank h uTowing and whittling down thwr outstanding loans, consumers have held the inflationary rise of consum er debt in check. The task of saving today is made easier by the record level of personal income However, thss in crease in income presents also a strong inducement to indiscriminate spending Hence, the Tact that con sumers have voluntarily chosen to put aside more money for the future makes me more optimistic on! the future of this country! PUTTING SAVINGS TO WORK In recemt years, the low interest rate on savings bonds has discouraged saving v»a that sector. In fact, many people have been cashing in such bonds. At long last the Government has raised the interest rate on these bonds to make them competitive with other savings media; so it may be that savings will again be put into government savings bonds. Savings accounts in commercial banks, mutual savings banks and savings and loan associations are at an all-time high. Savings in the form of life insur ance-including endowments and annuities-also con tmue to increase to new record levels These, of course, are old standbays for savings Today more people arc funneling savings into real estate and the stock market-either directly, or indirectly through the purchase of Mutual Investment Trust shares. GUARD YOUR NEST EGG I am not worried about those people who have a fair proportion of their savings in hank deposits and government bonds. I am, however, fearful for the neophites who are attempting to "get rich quick” in real estate or the stock market. These people too often neglect to build up first a cushion of cash re serves. The decline of over a hundred points in the stock market this year, and the laggard real estate market, show that investing is not a one-way affair -always going up. Market declines are a natural oc-| curence, and they can hurt those who invest indirect ly through the various funds as well as those who do their own buying of stocks, real estate, etc. In view of the uncertain work) conditions and do-, mestic business maladustmerits, my advice is to build up cash reserves and wait patiently for real bargain investment opportunities Your thrift -not that of the politicians-is the hope for healthy business. (Miss.) First Church (evetwig); the discussion in their respective (Miss ) First ^rowps. Some of the highbghts com- and MrComb ,nR <Mlt ^ the m ceAing were that we are to work to build stronger cit.zens, promote education and better family living through an in creased effort in safety programs and health education. The health Johnson Citv (Te»m ) (morning and co,nmi,te ® ***• ^ its to have evening». every home demonstration member ! — . . get a birth certificate and have blood typed. Attending this training center CHRONICLE PUBLISHING CO. from the Shady Grove Club were Mrs. B W Cooper, president and prop'ct leader, and Mrs. David March 26—Natchez Church (morning), (Miss) White Memorial Church (evening); March 28—Dohan (Ala ) First Church (evening). Apnl 9—Bifihnpville < morning), and Sardinia (evening); .April 23— OFFICE SUPPIJES Fresh Country EGGS HENDERSON STORE (Formerly Gardner’s Store) Hopewell Section . Phone—JOANNA 2381 Store Hours: 7:30 A. M.- 7 P. M. PHONE 74 ftijanksgibmg Jim LASTS All YEAt LONG ...IN NCTUREi Vale us •ter.dquorters for Kodak comeras • equipment BROWNIE StiUmjJjb OUTFIT \ rjeest in flash ... in a complete gift outfitl Evc-ything for indoor-outdoor snapshooting! Brownie Stormite Ccne o is small in size, easy to use! A tiny but efficient built-in flosn reflector that uses low-cost AG-1 flashbulbs keeps you always set to shoot! Camera takes black-and-white or color snapshots and color super-slides. Ideal gift for ony occasion! All for S11.95 J. C Thomas, Jeweler "It’s Time That Coants' CLINTON JOANNA Do Your Christmas Shopping Here We're Santa Claus Approved Something for every mem ber of the family...selected gift items from the world’s foremost manufacturers. NOW is the time to buy. Cox Home & Auto Supply Customer Satisfaction Guaranteed 205 N. Broad St. Clinton NOME FINANCING TAKES PLANNING. TOO! Wu'U plan the best financing for you, when you're ready to buy or build that home of your own Let our experienced loan people work out a plan that may include principal, interest, taxes and insurance in monthly payments that are easy on the budget. Their knowledge of local conditions is at your service when you arranoe home-finanrinn h^ra CURRENT DIVIDEND RATE COMPOUNDED SEMI-ANNUALLY CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION (UNION, S. C., THURSDAY, NOVEMBER 10, 1960 dlljp (Ulintmt (Ehrnntrlp Established 1900 July 4, 1889 — WILLIAM WILSON HARRIS — June 13. 1955 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rato (Payable in Advance) Out-of-County One Year $3 00, Six Months $2.00 .One Year $4 00 Second Class Postage Paid at Clinton, S. C. The Chronicle seeks the cooperation of its subscribers and readers — the publisher will at all times appreciate wise suggestions and kindly advice. The Chronicle will publish letters of general interest when they are not of a defamatory nature. Anonymous communications will not be noticed. This yMper is not responsible for the views or opinions of its correspondents. ; Member; South Carolina Press Association. National Editorial Aareciatioo National Advertising Representative AMERICAN PRESS ASSOCIATION New York. Chicago. Detroit, Philadelphia LAURENS DRIVE-IN THEATRE LAURENS, C. C. 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