The Clinton chronicle. (Clinton, S.C.) 1901-current, August 03, 1961, Image 4
THE CLINTON CHRONICLE
Thursday, August 3, 1961
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StiD More To Be Done
According to information released this
week which appears in an advertisement in
The Chronicle today-, Laurens County tax
payers will get a four mill reduction when
they pay their taxes this fall.
The reduction comes in the millage for
general obligation bonds and interest for
the county as a whole. Miss Jennie V. Cul
bertson. county auditor, who is charged with
setting the millage for the bond account, has
announced a reduction of four mills in the
1961 tax levy for that purpose. Instead of
eight mills as heretofore, the millage for the
1961 tax payment will be four mills, bring
ing the county-wide general levy down from
18 to 14 mills.
Included in the general levy are nine mills
for ordinary county purposes, four mills for
bonds, and a county-wide hospital levy of
one mill.
This does not take into account the spe
cial school and hospital levies for the va-
rious districts.
Welcome as is any tax reduction to county
citisens, we feel that the legislative delega
tion made a mistake in not passing a new
county appropriation bill at the last session
of the General Assembly, incorporating suf
ficient millage to support other necessary
county operations. The bond account is in
good shape, but the general operating fund
of the county leaves much to be desired to
put the county on a sound footing
The Senator desired to add four mills in a
proposed appropriation bill that was never
passed. Had this been done, the county’s fi
nancial position this fall would have l»een
considerably improved and the need for ad
ditional financing later this year prol>al>ly
would have been avoided. As the situation
now stands, it is likely—almost a sure thing
—that the county will need additional money
before the year cioses—probably within the
next month or two.
‘ The county will have to “rock along” as
best it can for the remainder of this fiscal
year which just got underway on July 1.
It will be imperative that the legislative
delegation at the next session of the General
Assembly beginning in January get together
and come up with a realistic county appro
priation bill which, of necessity, will require
additional millage for general county opera
tions. How much will l>e necessary, we will
not attempt to say. But the situation will
require careful study by members of the
delegation, who must take necessary action
to put the county’s finances on an even keel.
A Hand In History
Those 97 “Boy Senators” representing 47
Boys’ States, the District of Columbia, and
Canal Zone, and the 30.000 youngsters com
peting for the honor—are not likely to for
get the American Legion Boys’ Nation con
clave of 1961 in Washington.
They came to learn history—and become
a part of it. Their visit coincided with the
“Week of Decision" in which the President
of the United States declared to the world
that we would defend Berlin at all costs.
They were in the Capital to see the Congress
put aside partisan differences and stand in
impressive unity behind the preparedness
program the President asked them to im
plement. v
They called a halt in their own conduct of
the affairs of Boys’ Nation and their cam
paigning for a new President to pass a unan
imous resolution endorsing President Ken
nedy’s action—and adjourned to the White
House in a body to present the document!
They also brought along a touch football for
the President — a symbol, perhaps, of the
understanding between youth and maturity
that should never be neglected.
As in the past, the young Senators visited
their elders on Capitol Hill—state for state—
the Department of Justice and the FBI, the
State Department, the Supreme Court and
the Pentagon. And to round out their in
doctrination in Government, their Federalist
Party beat the Nationalist Party, electing
Jefferson James Jarvis of Fort Worth, Tex.,
President of Boys* Nation, and Frank Dae
mon Peasley of Cheyenne. Wyo., Vice 1 Res
ident.
Thus, once more, for the 16th consecutive
year, the congratulations and the apprecia
tion of the nation are due The American Le
gion for its effective and dedicated contin
uance of an outstanding, nationwide exer
cise in civic education. In the far-flung Boys’
States, and the annual convention of their
delegates as Boys’ Nation, the Legion has
provided a powerful force to combat juve
nile delinquency and an effective school for
leadership. In sixteen years, the program it
self has made history by inspiring and en
couraging young men who are today’s lead
ers in many communities across the nation.
South Carolina’s representatives were
Daniel T. Brailsford of Orangeburg, and G.
Craig Baynham of North Augusta.
In a similar session for girls, Deborah Ann
Rosen, of Orangeburg, was elected “vice-
president” of Girls Nation.
The Tennessee Valley Authority recently
announced a reduction in its electric rates.
The head of the Edison Electric Institute
observes that if TVA paid taxes and the
market costs of borrowed money compar
able to those paid by private electric com
panies, rates would have to l>e raised 46 per
cent. If this were done, electric rates in the
TVA area would be about the same as rates
paid by customers of the electric companies
operating under similar circumstances. The
operating under similar circumstances. They
are now subsidized by the U. S. taxpayers.
County TB Assn.
Directors Hear
Several Speakers
At the quarterly directors
meeting of the Laurens County
Babfton Tells Why
Many States Are
Losing Factories
|U(«r
BabMa
Hurricane News
Of The Week
Mr. and Mrs. Carroll Young'
and daughters. Carol Ann and
Lynn, vacationed a few days last
week in the Smoky Mountains of
Tennessee
Mr and Mrs. W D Bishop and Tuberculosis Association on July
family, Misses Sallie and Mary 18, Dr. D. H. McFadden ac-
Frances Nabors visited Mr. and quaint the 22 directors present
Mrs. Bachman Bishop near Cross , . .. ...
Hill Saturday w,th ^ work of hls comm,ttee
, Preston Moseley «„ o sons. ,n ^rnishing the latest scien-
James, Joe and Terry, of Green t‘fic information regarding TB
ville, were Sunday visitors of Mr and related respiratory diseases
and Mrs. W. P. Gastley
Mr. and Mrs. Edward Craven
and David, Mr and Mrs Tony
Benson and Robin visited Mr.
to the physicians in the county.
He urged hospitalization of active
infectious cases of tuberculosis |
Benson’s parentsJn Qhester Sun-! an ^ noted as a goal the accurate
day.
Mr and Mrs. Edgar Brazil!,!
Martin, Cecil, Mike and Debra!
were Sunday visitors of Mr. and
Mrs Harold Copeland and fam-'
reporting to the health depart
ment of new TB cases diagnos
ed by the private physician
Claude Crocker v presented in-
ily. v> | formation on the routine hos-
Mr and Mrs Charles Young P'tal admission x-ray program
College Magazine
In Mails This Week
The summer issue of The Pres
byterian College Magazine went
into the mails earlier this week
with_a special feature on Hilton
Heaii Island and an article by
Dr. C. Hugh Holman, chairman
of the University of North Caro
lina English Department
This quarterly publication for
alumni and friends of PC also
contained briefer articles and
news items about campus and
alumni activities. It is edited by
Ben Hay Hammet, director of
public relations and alumni af
fairs.
Hilton Head received the spot
light as the project of Presby
terian College alumnus, Charles
Fraser, who is developing the
Sea Pines Plantation area into
a multi-million-dollar vacation
Babson Park, Mass., August 3—Many cities
wonder why new factories do not start in their
area, and why so many are moving South
REASONS WHY NEW FACTORIES
DO NOT START IN YOUR AREA
One trouble is that old industries are dying
(aster than the area can get new ones In my es
timation all of the northeastern states are suffer-
mng from high labor costs due to rampant un
ionism; high state taxes; over-population; too
great a distance from raw materials; leftists who
want to s|>end before they earn; workers who
don't w ant to work and don’t respect their employ
ers state pnd local official* unfriendly to indus-
dustry, and lack of a desire to
help newcomers
Already six States in the South
have solved their problem, but all
needed to amend their state con
stitutions These have been drawn
to protect the holders of tax-ex
empt bonds within their states
Times have c hanged- and we now
must choose between giving a
monopoly to present holders of
tax-exempts or aiding the unem
ployed Also, owing to the new
Congressional mortgage legislation, we have the
U. S Government guaranteeing 40-vear mortgages
at 5"! interrst ’
REVENUE boNDS THE SOLUTION
We all are acquainted with non-taxable Reve
nue Bonds for building highways The holder of
such bonds is dependent upon the toll receipts for
his interest. If enough people use the highway
full interest is paid, but not otherwise At first
leading investment bankers objected to such
Revenue Bonds; but finally they accepted them
and the bonds sold freely Of the hundreds of mil
lions worth of bonds issued, only one (that put
out by West Virginia) has defaulted
Now certain cities in the South are issuing such
Revenue Bonds to provide funds for new indus
tries They are tax-exempt and must be voted by
a majority of the citizens These bonds have been
freely accepted by northern investors Many of
our cities are now taxing their citizens heavily to
provide education for their children But as soon
as the more intelligent of tlie.se children graduate
from high school, they are obliged to leave their
native city and go to a more progressive city in a
more progressive state Hence there has been
little population growth for many northeastern
cities They need new factories, and the issuance
ol Industrial Revenue Bonds seems the best an
swer
BIG TAX-EXEMPT INDUSTRIAL ISSUES
The biggest such Industrial Revenue Bond we
know about is for $25,000,000 issued by the little
city of Cherokee. Alabama The money received
from these bonds will be used to build a huge fer
tilizer plant to be leased by Armour & Company.
The bonds give both the community and the com
pany a highly advantageous contract Armour
has agreed to pay off the bonds at 4\% interest
over a period of 26 years. Both interest and prin
cipal will come entirely from Armour's lease pay
ment Investors who buy the bonds find them
selves with a highly desirable tax-exempt 4N%
bond If you are in the 50% tax bracket you get
the equivalent of a 9.5% taxable yield Cherokee
has no problems because: (1) The bond issue is
covered by strong legal restrictions., (2) the plant
will employ over 300 workers
The second largest municipal bonding program
we have heard about is a $9,000,000 project for
General Tire in Kentucky. Ranking third is a $7,
000,000 bond issue for Borg-Warner Corporation in
Arkansas.
GETTING NEW FACTORIES IN YOUR CITY
The above is the only method which I now see
for cities in the northeastern U. S to get new facr
lories to provide employment for their people and
proper schools for their children Remember that
today, when locating new factories, the owners
are looking for localities where the executives and
their wives will be glad to live
New England cities which are some distance
from raw materials must provide some offsetting
advantages They must have friendly Chambers
of Commerce which are not controlled by "old fo
gies ” The Chamber of Commerce Secretary
should be an experienced man, preferably from
one of the fast growing Southern cities which have
already issued Industrial Revenue Bonds.
and family, Mr. and Mrs. Tommy an< * concluded that it was not in-1 resor t The other main feature
Moore and family enjoyed a pic- Seated for Laurens County at
nic dinner at Lake Greenwood the present time.
Sunday The Rev. Giles Lewis gave
Mrs Willie Young’s Sunday some background on the Arden
visitors were Misses Sallie and House Conference on Tubercu-
Mary Frances Nabors and Mrs losis with its major recommen-
Mace \oung dation that the health depart-
Miss Carol Ann Young spent ment reassess the treatment sta-
. unday with Miss Kay Caldwell, tus of all cases of tuberculosis
esse and Jerome Duckett visit- and place those indicated under
, „ 8e, J 5a !!! e and Stel,a Duck dru g treatment with adequate
ett in VVattsviUe Sunday. and prolonged follow-up.
nt akkI* 1 n rS M M cAllster q. N. Foy, president, introduc-
with Mr'' P h vi* 0 * ’ a ® t Tues d av ed R. G. Smith of the National
1^^ a rs B^by Neigh-1 Tuberculosis Association staff,
of^vfrd^N C Wil } in * h * m twJ dTr^JofT S^TBAs-
dayslast week wither S' t S h 0Ciat,0n Mr Sm,th discussed
ter, Mrs. Bobby Neighbors, and I* / e, | pans ' on into
family lhe f ,e *d of respiratory diseases
Mr «nH m-, u. ™ . such as the common cold, aller-
ivir and Mrs. Hugh Pegram of . . ’ .
Brevard. N.C., were Sunday visi- Kie8 ' emphysema and others in
tors of the Bobby Neighbors order to complete the job of erad
Mr and Mrs. Sam Bowden and
children and Miss Alice Neigh
bors of Greenville, visited Mrs
Lila Neighbors during the week
end.
S/Sgt. and Mrs Gene Haupfear
and children, Johnny. Pam. Bud
dy, and Kent, arrived Thursday
morning to spend a month's leave
here. S/Sgt. Haupfear and family
have been making their home at
Kadena Air Force Base. Oki
nawa. for the past three and one-
half years. They will report after
this leave to Eglin Air Force Base
in Florida. S/Sgt. Hupfear is the
son of Mr. and Mrs J. 0 Haup
fear of this community. Mrs
Haupfear before marriage was
Miss Reba Chalk, daughter of Mr
and Mrs. Tommy Chalk of Joan
na.
Mr and Mrs Lee Stinson of
Greenville, were Sunday dinner
guests of the J. O. Haupfears.
Mr. and Mrs Newell Haupfear.
Carolyn and Joyce, of Ware
Shoals, visited the J O Haup-
fears Sunday
Mr. and Mrs W. T Scogin and j
Mitch, Mr and Mrs. Dick Fen
nell and Curtis left Monday mor ,
ning to spend a few days in the,
mountains of North Carolina
Mr. and Mrs Gene Simmons,
Mike and Susie, spent Sunday in. , ... . . . .
Aiken with Mr and Mrs. Harold ; an ^ conferences will be held pre
[ceding the banquet
icating tuberculosis Often di
agnosis is difficult to differen
Late and one condition compli
cates and often accompanies the
other Mrs J C. Holt is chair
man of the newly-appointed res
piratory disease committee.
Mrs. George F Little, director
of the Laurens County Depart
ment of Public Welfare, explain
ed the new program of hospitali
zation for persons over t>5 with
limited income and savings.
Mrs. M. M. Teague, executive
secretary, reported for the leg
islative and historical commit
tees.
A proposal to merge with the
Greenwood County Tuberculosis
Association was presented and
recommendation was made by J
Allen Thompson to refer the mat
ter to a committee for study and
a report back to the directors.
'Bock To Sdiool'
Banquet For Reedy
River Asm. Aug. 22
The Reedy River Association
“Back To School Banquet" will
be held at the First Baptist
Church, Joanna, on Tuesday eve
ning. August 22, at 7:00.
Thirty minute vocational guid-
by Alumnus Holman, entitled
“The Lost Language,” touched
upon the present-day difficulty
of communication among indi
vidual segments of society.
The cover of the 9,000-ircula-
tion summer issue carried a
beach scene of Hilton Head Is
land Among the other articles
included inside were: 1961 com
mencement activity; a review of
tennis coach Jim l^ighton’s ca
reer at PC; and alumni profiles
on the Woodson brothers (Rob
ert and Marshall), distinguished
•ministers, and Dr Jack Vree-
land's work with the nuclear roc
ket engine program at North
American Aviation’s Rocketdyne
division.
Laurens Coaaty
Bookmobile Schedule
Week of August 7-It
Monday — Moore home, Tom
Sumter Martin home, Coker
Balle home, Frank Bobo home,
home, Nell Cook home, Sloan
home, Chappell home, Garrett
home, Palmer home, Patton
home. Tucker home.
Tuesday — Robinson home,
Clayton home, Riddle home. Mac
donald home. Fuller home, Fan
ning home. Poole home, Arnold
home, Benjamin home. Irwin
home
Wednesday — Whitten Village,
Circle, Pitts home.
Circle. Pitts home, Shady Grove
Community.
Thursday — Frances Wood
home. Ridgeway home, Johnny
Davis home, Ballentine home, |
C. D. Wood home. Madden home.
Bookmobile librarians are Mrs.
Carl Teague and Miss Claude
Gray.
Tea For College
Students Slated
At Joanna Aug. 13
A tea for college students, spon
sored by the Young Woman’s
Auxiliary .will be held at the First
Baptist Church, Joanna, on Sun
day. Aug£t 13.
Parents, leaders of the church,
and members of the Woman’s
Missionary Society have been in
vited to attend. The hours are
from 3:30 to 5:00 o’clock in the
afternoon.
OFFICE SUPPLIES
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Cameras — Films — Photo Finishing
Simmons and Steve Mike re
mained for the week
Mr and Mrs. Jimmy Kirby
and children of Greenville, were
week end guests of the Dillard
Youngs.
Mr. and Mrs Ralph Lawson
and children, and Mrs Charles
Hipp attended a church picnic
dinner at Greenwood State Park
Sunday.
Mr and Mrs J R Bartley vis
ited relatives in Greenwood Sun
day
CLASS MEETS
The young adult class met last
Tuesday evening at the home of
Mr and Mrs J W. Caldwell
Mrs. Caldwell led the devotion
al period. During the fellowship
hour refreshments were served.
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YOU DON’T GET THE NEWS
DIAL 833-4541
Lamar King, Jr., of the Bush
River church, will be master of
ceremonies.
The theme is “Christian Edu-
caUon."
Rev. Donald Cook, formerly of
West End Church, Newberry, will
be the main speaker. Rev. Cook
is an honor graduate of Newberry
High School, Furman University,
and Southwestern Baptist Theo
logical Seminary. At present he is
writing his thesis for a doctorate
in Philosophy at Duke University.
Tickets for the banquet are 65c
All training Union directors are
urged to publicize the banquet.
lot
€^666
I Assets $10,000,000.00 I
l Ot * 0< i on! inso' • J up to * ’> .C^'J 00
b» 0 duly IlfCHscd CoUlO*t> Insu'oncc
Co
t mployr*' bond, d ♦ )» pro
ii tion up to kolc.ooooo
Only o»0'lobl< to BoflQ I "If K«'vd«nf\
>♦ Xiuth Co'obnu
Mrtiiryrtt omoynt o-tfp’td %'aAi QC
Winchester Grahom
Di*r»sit.<d F'^ont nq
Columbia S C
If you plan to build or buy a home
of your own, why don’t you and
your wife let us help you finance it.
# CITIZENS
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AND LOAN ASSOCIATION
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CLINTON. S. C.
/.‘ember Federal Home Loan Bank Syste
CLINTON, S. C., THURSDAY. AUGUST 3, 1M1
ilfp Clinton (Cljrnntrlp
July 4, 1881 — WILLIAM WILSON HARRIS - Jane 13, IKS
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