Historical Newspapers of South Carolina

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THE CLINTON CHRONICLE ThurnSay, January IS, l>61 Mayor Terry Served Hie City Well Clinton has lost a faithful and dedicated public servant in the death of Mayor Joe P. Terry. His family, friends and acquaintances had been concerned about the state of his health for the past several months and had urged him to jceduce his activities in order to con serve his strength. ■ - — He died suddenly last Thursday evening sit his honie. Mayor Terry had served four months of hisiifth two-year term as head of Clinton’s city government. Prior to his service as Mayor, he was a member of City Council for six years. His more than 14 years as an official of the City of Clinton were years of dedicated service. He loved Clinton and was already to do anything in his power for the betterment of the community., The services of the city were maintained at an acceptable level durirfg his administra tions, and he was always eager to see that the public was kept informed on city opera tions. He repeatedly invited, even urged, citi zens of the community to attend the month ly meetings of City Council. He held the con ception that public business Was just what the'words implied—the business of the pub lic Perhaps his greatest single service to the dty from a physical standpoint was his suc cessful effort to secure natural gas for the community. The facfUial Clinton has this fuel available for residential, commercial and industrial use means much and will mean more in the years to come. The $3,000,000 Clinton-Newberry Natural Gas Authority with its transmission and distribution sys tem is regarded as a model for such installa tions among those familiar with gas opera tions. Mr. Terry’s family and friends can look with a high degree of pride upon his service to Clinton, and know that he leaves an en viable record. The Chronicle only hopes that succeeding administrations will do as well. Staff Changes On Columbia Newspapers Several promotions occurring recently in the staffs of the Columbia newspapers are of general interest over the state, and CClin- ton is no exception. The changes were occasioned by the re tirement of S. L. Latimer, Jr., editor of The State, who has been connected with that paper since “the memory of man runneth not to the contrary.” The state of South Carolina owes Mr. Latimer a debt of gratitude which it can never repay, not only for his work with one of its great newspapers, but also for the activities Textile Imports Still Rising The American Cotton Manufacturers In stitute has predicted that textile imports for 1960 will set an all-time record in almost all categories. The institute said the imbalance of im ports over exports of textile goods will reach a new high of 39 per cent for I960. Imports of textile goods exceeded exports by six per cent in 1958 and by 32 per cent in 1969, ac cording to the institute. Projections were made from Department of Commerce data on textile imports through October. ' > Not only is this true in regard to textile imports, but like figures can be applied to imports of plywood products. Imports of both products directly affect Clinton and Laurens County manufacturers and employees. And don’t let anyone tell you they don’t. Some curtailment is right now underway in Clinton’s sizeable plywood industry due to the glutting of United States markets with plywood produced by cheap foreign labor. And the same thing can happen—in fact, has happened—in the textile field; not neces sarily from the standpoint of curtailment lo cally. But we are sure it has forced the adoption of manufacturing procedures and operations that materially affect all con cerned in order to better meet'the unfair competition. How long must United States—and Clin ton, Joanna, Laurens—workers and manu facturers continue to be the victims of misguided “good neighbor policy” directed from Washington. Trade? Yes. But when it means the loss of jobs in Clinton and Laurens County the limit, has been more then reached. We hope the country’s textile leaders— manufacturers and labor—can impress that fact upon the minds of our representatives in Washington. Clinton Davidson This Week in Washington “Best Buys” Today Babson Park, Mass., Jan 12—With the new ad ministration coming into office, the wise investor will play safe. If J. F. K. takes his father’s advice, investors should have nothing to fear; but if be takes the advice of “wild-eyed” college professors we may have much to fear. IMPORTANCE OF SECURITY Bonds of a company are always safer than the stocks of the same company; but stocks of some companies are safer than the bonds of other com panies. Hence, readers cannot feel safe by just buying either stocks or bonds. Everything in the world is good and/or bad. No one rule will apply to all persons or to all classes of investments or real estate. It is also wise to consider the relatives prices of bonds before you buy them. The average price of good bonds has varied to yield between a high of 4V4% in 1980 and a low near 3% in 1980. Hence, this is a good time to buy good bonds, although they little higher than a year ago. There are three different groups many extra-curricular activities assumed when he answered calls to head all sorts of drives, campaigns, movements, etc., for the good of Columbia and South Carolina. The Chronicle hopes he can find time to enjoy a few leisure hours. He has been named editor and publisher meritus. J Henry F. Cauthen is the^new editor of The State. He moves over from the editorship of The Record. Associate Editor Harry R. E. Hampton has been promoted to co-editor of The State. John A. Montgomery, who has been man aging editor of The State, is now editor of The Record. Montgomery is remembered in Clinton from his student days, where he was graduated from Presbyterian College. A former Clinton boy, Lloyd L. Hunting- ton, has been appointed managing editor of The State, moving up from the same post on The Record. Huntington attended elementary and high school in Clinton, graduating with the 1942 class at Clinton High. After a four- year war service, he was graduated from the School of Journalism of the University of 'South Carolina in 1950, when he joined The Record. Congratulations to all concerned. That Explains It A report datelined New Orleans states: "From 100 tons of dry cane sugar, it is possible to make almost 3,000 gallons of gas oline, more than 4,500 gallons of oil, in ad dition to about eight tons of usable sugar.” So that’s the reason why some of the cof fee we’ve been drinking lately tasted that way. ••fcr W. ^ When John F the oath of office as president of the United States next week he will become the temporal leader of what is generally called the Christian world at a critical time in the history of mankind. The United States is the Good Samaritan to which Christian people in many lands look for strength, understanding, compas sion, freedom, and guidance. If we fail, and Communism takes over, Christianity may face its darkest days in almost 2,000 years. As president of the most power ful, prosperous and generous na tion on earth, Mr. Kennedy will have a great responsibility, not alone to the United States but to the peoples of all nations who as pire to freedom and peace. CHALLENGE TO CHRISTIANITY Communist leaders are atheists who reject Christian principles and teachings. Their only “relig ion” is power and force, ruthless ly used to stamp out freedom and deny Christ’s teaching that in the sight of God there is no distinc tion of class, wealth, race, color, position or power. They talk of “peace,” but the peace they seek is a world in which there no longer is any op position to communism and dom ination by communist leaders Communism is the. antlthes of Christianity. The great world struggle for the minds and souls of men is between Christian freedom and pagan dictatorship. A TIME OF DECISION Mr. Kennedy becomes presi dent at a time of unprecedented world crisis; at a time when the Free World much match force with force, and pray that it will not have to be used It is a terrible responsibility that requires both wisdom and Christian Leader Kennedy takes patience. We walk on the brink of disaster, where just one mis take could plunge the whole world into an unthinkable catas trophe. Four out of every ten people in the world live under the dom ination of ruthless communist leaders. The spread 'of commun ist influence threatens to engulf another four of the ten in Asi South America and Africa, as it already has in Cuba. As president of the most power ful of the so-called Christian na tions, Mr. Kennedy faces a chal lenge and a responsibility per haps unparallelled since the pa gan hordes of Asia crashed civi lization into the Dark Age. Hurricane News Of The Week Mr. and Mrs. Edward Manley and children were Saturday guests of Mr. and Mrs. Harold Copeland. Tammy Young, daughter of Mr. and Mrs. Charles Young, and Mace Young, son of Mr. and Mrs. Odus Young, have measles. Benny Young has chicken pox. Lynn Young has measles. Mr. and Mrs. Ralph Young of DAVISES RESIDE HERE Mr. and Mrs. Charles H- Davis and family have moved to Clin ton and are residing at 224 West Main Street. The Davises are from Colum bia, but have been living in Win ston-Salem, N. C. He is with Bak er and Gill, Architects and En gineers of Florence. They have with them three children, Dennis, a senior at Clinton High School, Tommy, who is in the eighth grade ,and Linda, in the fourth. Two other sons are married, one living in Greenwood and one in Norfolk, Va. Richard Bales Held Oh Kidnaping And Car Theft Charges Laurens—The Laurens County sheriff’s office said last Wednes day night that Richard V. Bates, of Laurens, was in custody on charges of kidnapping. Sheriff Eugene Johnson's of fice said Bates was arrested in Greenville. Former Sheriff C. W. Wier swore out a warant after Mrs. Monnie Jacks, an employee of the Consolidated Credit Co. of Lau rens, said she was forced to ac- Wildlife Resources Department that the new fishing license year started January 1 and all per sons required to have licens must procure them before fish ing. A resident angler’s license cost ing $1.10 is required of all resi dents using artificial lures or manufactured tackle, other than company a man who said be wanted her to get $2,000 from the Arm’s sate. Mrs. Jacks said on Nov. 28 the man, whom she recognized as a former employee of the credit, company, forced her car to ir* halt and forced her into his car. She said the man went to an alley near the credit company where he parked .When other employees were late in leaving, she said her captor apparently got nervous, and drove to another section of town where he let her out. Authorities in Greenville said Bates gave himself up to U. S. marshals. He was also wanted on a federal warrant, involving car theft. Bates, 21, of South Florida Ave., Greenville, yesterday walk ed into the office of U. S. Mar shal M. Frank Reid and gave himself into custody on a charge of automobile theft, according to the marshal. Marshal Reid said Bates was Newberry, visited Mr. and Mrs. of bond^ -arrasged-in tlM nedy I Clyde Young-Sunday. of their safety, as follows; different kinds OF BONDS 1. U. S. Government Bonds. These are mostly held by banks. Although very safe, they do not yield very high interest; yet this interest is taxable for individ uals. The short maturities yield the least; while the long maturities yield the most. If you want them as a reserye for “quick money,” buy the short maturities; but if you want them for in come. buy the long maturities. 2. Tax-exempt Municipal Bonds. There are two kinds; (1). the fixed-interest municipals issued by cities, towns, counties, and states. I suggest that you avoid bonds of big cities. Buy the bonds of medium-sized cities in the interfor of the United States. The capital cities of interior states should be the safest of all, and carry a fair yield. All these are non-taxable for federal tax purposes. You can also buy (2) non-taxable “revenue bonds,” but the interest on these is not guaran teed. Most turnpike bonds are in this latter class. So long as the turnpikes are used sufficiently, the “tolls” pay the interest; but if the tolls are not suf ficient, full interest is not paid. This explains why turnpike bonds yield higher than straight munici pals. 3. Corporate Mortgage Bonds and Debentures. Bonds of corporations are also of different kinds; but all are taxable as to interest. To readers of this column I recommend the mortgage bonds of pub lic utility companies, such as the company to which you pay your light and power bill. The sale of electricity is constantly Increasing and—though subject to rate regulation—these companies have a monopoly. They are also freest from union labor intereference. Most industrial bonds should be good provided they are not subordinated to bank loans or other indebtedness. Income bonds may be good specula tions following a drastic reorganization. Deben ture bonds are unsecured and hence often not suit able for small investors, unless accompanied with attractive conversion privileges. The El Paso Natural Gas 5%s due In 1977 are a favorits of mine; yielding about 4^4%. I do not like railroad bonds or bonds of manufacturing companies sub ject to competition. CLINTON, S. C„ THURSDAY, JANUARY 12, 1981 3l|r <1!Untan (Ehratttrl? Estabmed IMS July 4. UM - WILLIAM WILSON HARRIS - Jim 13, ISO PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County ,i..» One Year $S M. Six Months $2.00 One Year $4.00 Second Class Postace Paid at Clinton, S. C. The Chronicle seeks the cooperation of its subscribers and readers — the publisher wiB at all times appreciate wise suggestions and kindly advice. The Chronicle will publish letters of general Interest when they are not sf a defamatory nature. Anonymous communications wHl not be noticed. IMs paper is not responsible tar tbs views nr opinions of its National editorial AMERICAN PRESS ASSOCIATION .. .rr; ^ New York, qtlcago. Detroit, Philadelphia it i Mr. and Mrs. €lyde Young, Mrs. Allen Young and A1 visited A. L. Neighbors, Mr. and Mrs. Dillard Neighbors and family near Laurens recently. Mrs. Hallman, Miss Myrtis Hallman and Ryan Hallman of Columbia, visited the J. O. Haup- fears Sunday. Jerry Scogin, son of Mr. and Mrs. Cecil Scogin, was three years old January 10 Mr. and Mrs. W. T. Scogin vis ited Mr. and Mrs. Arthur Scogin in Greenville Sunday. Mrs. Cleo Gastley spent Wed nesday of last week with Mr. and Mrs. W. P. Gastley. Mr .and Mrs. Jack Reeder, Linda and Jackie, of Charlotte, N. C„ Mr. and Mrs. Sam Wal lace, Tommy and Ann, of Lau rens, Mr. and Mrs. Mason Young and family, Mr. and Mrs. Dillard Young and family were dinner guests of their mother and grand mother, Mrs. Mace Young, re cently. Also recent visitors of Mrs. Young were Mr. and Mrs. Buck Lawson of Greenwood; Mr. and Mrs. Carroll Young and dau ghter. .Misses Sallie and Mary Fran ces Nabors visited Mr. and Mrs. J. W. Horton, Mr. and Mrs. Andy Young, Sr., Sunday. Mr. and Mrs. W. D.,Bishop and family visited Mr. and Mrs. Merle T. Smith and son in Lau rens Sunday. The Brotherhood of the Hurri cane Baptist Church will meet Thursday (tonight) at 7:30. All meipbers are urged to be present and also those who are interested in becoming members. J. O. Haupfear is president of the group. * The RA’s will meet Monday, January 16, at 5:00 p. m. at the church. Granwood Safes Force In Session Here A three-day meeting of representatives for the American Granwood Flooring Company was concluded hen Friday at the Mary Musgrove Hotel. Areas from New York to New Orleans were represented at the meeting which opened Wedn day. L. M. Wilson, president of American Granwood, presided. The representatives had a pre view of a new flooring product I which will be introduced early, this year. They also toured the Modernwood plant L. W. Anderson of Greenville, is chairman of the board of the two companies. Bob Anderson of Clinton, is president of Modern- wood and vfeo-praMsat of American HOTPOINT RANGE Special - $229.00 Appliance Sales Co. JACK S. RED 104 S. BROAD charged in a U. S. Warrant with taking a 1968 Jaguar automobile early in December and driving it from Greenville to Santa Moni ca, Calif. ' The Jaguar was allegedly stol en from the Judson T. MInyard Co., according to the warrant. Residenh Musi Secure Fisliing Licenses For 1961 Columbia—South Carolina ang lers were reminded today by Di rector James W. Webb of tee ordinary book and line, and a $1.10 permit for each of the ma jor reservoirs — Santee-Cooper, Clark Hill, Catawba - Wi Lake Murray and Lake Green wood. However, in place df all licenses and permits a resident may secure a $3.10 licenae good for all water* of the state, ex- for certain lal fee is charged cept for daily No license or permit is ed of children under 12; age. A resident of this years or older, who has in South Carolina for the three years may secure a! without cost, but must have tela license on his person while fish ing. * Any nonresident, 12 yean or older, fishing in any mannar in any of the waters of the state must secure a $10.25 licenae, as writ as a -$1.10 permit for each of the reservoirs except Clark Hill. However, a non-resident li cense, good for 10 specified con secutive days, may be for $3.10. GET COMPLETE COVERAGE! ONt PAfMENT CSVBtS PRINCIPAL, IKTEKST, TAXES, MSUMNCE ' - J • ‘ With a homb mortgage with us, you make only one payment par month — face no sudden burg* bills at the end of the year. Your monthly loan pay* ment takes care of the interest and principal plug building a fund for paying your property tax and the monthly payments on your insurance. That’s slot of coverage — and it’s tailored to fit your in come. If yon don’t have this modern oonvenienea we’ll be glad to talk to you about getting K. • CITIZENS # FEDERAL SAVINGS AND LOAN ASSOCIATION 220 W. MAIN ST. CLINTON, 8. C. Member Federal Home Loan Bank System Nowfor the first time... Traditional Mercury values in the popular price range TRADITIONAL MERCURY COMFORT Only Afecory baa Cu*k»4Jnk Rida (standard on Monterey aai Meteor 800)—a unique suapenMon system that abaorfaa jolts and jam that come through to you in other one. It “ghrmT backward and forward aa well as up and down. And Mercury has a longer whselbaas (120 inches) and greater weight (up to 241 pounds heavier) than other cam in its price range. Result: yon enjoy a anooth, solid, steady big-Car ride you’d expect to pay much mom for. There’s plenty of stretch-out room in kfsraky, too—even mom roar seat hip, shoulder and bead room than fat last year’sjpecious Mercury. Wider doom and more trank space, too. TRADITIONAL MERCURY VALUE There’s extra value in Mercury’s angina choice—all the way from the Super- ' *V* (Mercury’s first ”6”) to the powerful Marauder V-8*s. And even the top-performing V-8’s deliver up to 15% Thcro’e extra value in Mercury’s seven sslf ew-viHng features. From seif-hifaricating chassis to mm- > save you money every mBa you drive. Bvstywhare you look, the 1981 Mercury offers yon traditional Now, for the price mast people pay for a new car, you oa* own a Mtrcury. Take your pick of i three great aariee and drhre it today! BALDWIN MOTOR CO. INC. North Broad 8L CUatoa, 8.C. ■«r;