The Clinton chronicle. (Clinton, S.C.) 1901-current, October 05, 1961, Image 4
THE CLINTON CHRONICLE
Thursday, October 5, 1961
Stalemate Broken
In County Affairs
Action taken Tuesday afternoon at a meet
ing in Laurens of the county legislative dele
gation resolved the impasse which had reign
ed in county financial matters for the past
two weeks.
And we think that it was for the best in
terest of the county that such action be
taken.
The delegation agreed to borrow $100,000
from the State Sinking Fund Commission to
meet current obligations and took steps to
put the county’s financial affairs in better
order.
Regardless of what had transpired before,
the county faced a situation that had to be
met, and we think the legislators met it in
the only way they could.
As we sat in on the meeting, we got the
impression that the legislators were deeply
concerned about county affairs and are
earnestly seeking to put them on an even
keel.
If the legislators stick by a motion adopt
ed and an agreement signed at the session
to go to Columbia at the next meeting of the
General Assembly and work together to pro
duce an appropriation bill supported by a
sufficient tax levy, county operations will
benefit greatly.
h is true that it would have helped if a
new appropriation bill had been enacted
this year, instead of having (by law) to op
erate under the last one enacted. The old
one is better than none at all, even though
It does not meet the needs of the county for
the current year. Its deficiencies will in
crease the financial legislation that will face
the delegation at the 1962 session of the
General Assembly.
But that is not the chief reason for the
plight in which the county finds itself to
day. It goes back for almut six years—to
1996—when county spending began to ex
ceed appropriations. It has averaged about
$60,000 a year for that period.
In their zeal to provide the services and
demands made upon them, our legislators
were somewhat unrealistic in their estimates
of income and expenditures.
A good part of it — about $200,000 was
spent in connection with securing and pro
viding services for new industrial plants in
the county. We have no regrets on that score.
We think it was money well spent, and will
return dividends to the county for years to
come.
Past practices just happened to catch up
with us this year.
By any standard, we don’t think Laurens
County is in bad financial shape. Preeently
we are in somewhat of a bind. But even with
our present low property assessment of some
$13,000,000, the county has resources that
will support a good-sized operation from year
to year.
A Limit To Ambition
One admires ambition. But there is a
point where ambition—if successful—must
be halted in the public interest.
This applies with full force to the Team
sters Union. As was made abundantly clear
at its recent meeting in Miami, its president
and undisputed boss, Jimmy Hoffa, intends
to create a labor empire of unprecedented
power. There is hardly an important field of
enterprise which he means to leave un
touched. This would mean that one union,
dominated by one man, could virtually bring
the economic life of the nation to a halt. If
it were so decided, not a train or a truck or
a ship would operate. No commodities would
move on any significant, scale. The national
security could be imperiled to the point of
disaster.
Mr. Hoffs has said that he would never
call a national transportation strike. But
tinea, circumstances, attitudes and people
change. The fact that such power existed,
even though latent, would be an intolerable
threat.
TTiis is a very different thing from a union
versus industry fight over wages or working
hours or fringe benefits or anything else.
This will decide if a single organization can
have what amounts to life and death power
over the nation. The law must restrict priv
ilege as well am guarantee rights. The na
tional interest, which includes the national
security, must always come first.
Millionaires Are Scarce
Why not let the millionaires pay most if
not all of the taxes? They’ve got more mon
ey than anyone needs, so why not take it
away from them for the t>enefit of the rest
of us?
Well, here’s why: According to the In
ternal Revenue Service, there are only 244
taxable incomes of a million dollars or more.
And these incomes are taxed to the hilt now, |
with the top rate l>eing a cool 91 per cent.
Moreover, says the Citizens Public Expen-!
diture Society, the taxes actually paid by the j
millionaire group are just enough to run the ,
government for 26 1-2 hours—a trifle more
than one day. And even if they were taxed
100 per cent, the increase in revenue would
merely support the government for another
14 1-2 hours.
There just isn’t enough money in the big
or even the middle income categories to op
erate a $90 billion a year government. So the
lower income people must pay the bill.
Comp Fire Girls Begin
Their FolLActmties
The Wicama Camp Five group
enjoyed a marshmallow roast
after a business meeting at the
Camp Fire hut on Saturday aft
ernoon. Miss Margaret Blakely
is guardian of the group.
ty for the coming year.
At their first fall meeting the
Franklin, N. C„ Press: “If federal aid to
education is not necessary, and if it is not
the most economical way to finance the
schools, why take a chance—even a remote
chance—on federal control? The truth is,
the whole concept of federal aid to education
Itetrays a lack of faith in democratic pro
cesses. It-M a vote of ‘no confidence’ in the
intelligence and the integrity of the average
citizen.”
Sexton Shows Parents Naval Academy
Midshipman fourth class James R. Sexton, son of Mr. and
Mrs. A. Roy Sexton of Browning Avenue, Joanna, escorts his
parents and his sister, Dianne, on a tour of the Nnvnl Academy,
Annapolis, Md., during Parents’ Open House Weekend, Aug.
25-21.
The five-ton anchor in the background is one of two anchors
in front of the Academy Chapel, both from the Navy’s first
armored cruiser, UBS New York.
Parents Weekend marks the first time new midshipment have
a chance to display their new way of life to their parents, after
beginning pie be summer training in June.
Babson
Babies At An Invotment
Babson Park. Mass , Oct. 5—As I look back
upon a long and active life I have come to an im
portant decision Furthermore, this is in connec
tion with investments, of which I should have ex
cellent knowledge, my entire life has been devoted
to the study of them
RABIES VERSUS STOCKS
Babies are probably, the world's oldest invest
ment. having survived many thousands of years
of wars, massacres, panics, and revolutions In
many nations even today the largest families are
believed to be the richest, while a family with no
children is looked down upon
Stocks are only two hundred and lorty years
old The first big promotion was
that of the Mississippi bubble
sponsored around 1715-1720 in
France by a Scotsman; while the
second great stock promotion was
the South Sea Bubble, which fol
lowed in England under the lead
ership of Robert Harley and later
under Robert Walpole Other than
in the United States, the sale of
stocks (new issues) reached a
maximum Just before World War
I, when l^indon was the world’s
center of stock trading World War I gave the Lon
don market a great blow; while World War II put
New York ahead of all the world's centers.
BABIES VERSUS BONDS
Stocks offer a speculative profit which bonds
do not offer Stocks also benefit from inflation
Interrupted with a few eras of deflation, the Infla
tion of currency has been going on for centuries
—since money was first used in Persia and Baby
Ion 3.000 years ago Bonds suffer through Inflation,
thence long-term bonds should usually be avoided
Of a given corporation, however, the bonds
should be safer than the stock, provided the bonds
are due within about five years. They have a first
lien on the company and, in case of trouble, inter
est on the bonds comes before dividends on the
stock The safest investments of all are healthy,
well trained children To be doubly safe, take out
an insurance iioltcy on each child as soon as it is
born
BABIES AND COMMUNISM
Stocks, bonds, and other "pieces of paper " such
as we recognize as wealth have no value in Russia
Only in bank accounts of the Russian Government
Bank can one save money in Russia. Even than.
Russia devalues the ruble (or Russian "dollar”)
when ever it suits her convenience. Savings are
not encouraged under any communistic govern
ment The Russian government is supposed to
own ail land, factories, stores, etc. Well trained
children are the only assets considered.
In view of the above, those of us who have prop
erty dread communism. All property would be tak
en away from us. we would all work for the state,
buying our food, our rent, clothes, and entertain
ment from the state On the other hand, Russia is
gradually becoming capitalistic, while the United
States is gradually becoming socialistic. If we
can continue fifty years without a World War III,
there may not be much economic difference be
tween the East and the West This especially ap-
This brings us back to our original thought,
that well-trained children are the best security and
insurance Our President Kennedy, seeing this
change coming in the distance, is working for
legislation to give free medical service to those
who deserve it. Already England has "from the
womb to the tomb” coverage; while many other
countries such as Sweden are trending that way.
1 agree with the physicians that such a pro
gram is dangerous I am even opposed to giving
free obstetrical services. But some plan could be
worked out whereby the family could get a tax re
duction. directly or indirectly, on each baby bom
With the growing importance of babies, some in
ducement should be given for the expenses con
nected with their birth and early years. To bring
this about is a basic purpose of the Isabel Babson
Memorial, in which I am much interested
Letters To The Editor
To The Editors:
On behalf of the officers and
board of directors of the Clinton
Community Concert Association,
we wish to thank the people of
Clinton, Laurens, and the sur
rounding area for demonstrating
once again in a tangible way
your interest in maintaining the
program of cultural events spon
sored by the Association. We
feel that such a program en
riches the community far be
yond its visible results, and we
hope that it will become a per
manent part of the hie of the
city We wish to thank all those
workers who contributed to the
success of the campaign and the
many civic organizations which
gave their support Thanks are
especially due Uie patrons, listed
below, who contributed beyond
the regula;' membership fee in
the conviction that a city bene
fits from cultural growth as well
as from physical and material
growth We are indebted to the
Clinton Chronicle, WPPC, and
Wl.ll. as well a . to many other
Coordinating Council
Of Bi*County TB
Assn. To Meet Oct. 10
Th t oordinating Council of
the Greenwood and Laurens Tu
berculosis Associations will meet
Tuesday, October 10 at the Rose-
land Restaurant in Greenwood.
Henry M. Paris of Laurens,
chairman of the Council, will
preside
Progress reports will be made
by committee chairmen as fol
lows Program of Work, Rev.
James A. Bowers of Greenwood;
Budget and Finance. Claude A.
Crocker of Clinton, Christmas
Seal Campaign. Mrs Joe Seal
of Greenwood
These committees are making
plans for operations as a single
unit beginning April 1. 1MS2
non-local news media, and to the
Broadway Theatre for the pub
licity which was so instrumen
tal in putting across our mem
bership campaign. Presbyterian
College has given generous sup
port, not only through providing
memberships for all of the stu
dents, but also through giving
us the use of Belk Auditorium.
It is only through the wide
spread support of the people in
the Clinton area that the Clin
ton Community Concert Asso-
, nation can continue to grow
and serve. We are grateful for
that support manifested in our
recent drive, and we hope that it
will not only continue but also
increase in coming years.
Mrs. James E. Wolfe,
President
Mrs. Lewis S. Hay,
Secretary
Mrs. Edwin A Farnell,
Membership Chairman
County Civic Club
Dinner Scheduled
For Tonight At 7:00
The annual county-wide inter
civic club barbecue will be held
tonight (Thursday) at the Lau
rens county fair grounds off the
Clinton-Laurens highway.
The event this year is being
sponsored by the Laurens Junior
Chamber of Commerce.
Approximately 500 members of
various civic clubs of the county
are expected to be present
Baptist Change Sunday
Evening Schedule
An all day outing at the lake
side cottage of Mr. and Mrs. P.
W. Rogers began the year’s ac
tivities of the Mokita Camp Fire
group. Mrs. S. C. Rowe is lead
er of the group which is compos
ed of 12-year-old,' seventh grade
girls.
Boating, skiing, swimming and
a wiener roast entertained the
girls during the day. Plans were
made for the program of activi-
Okizu Camp Fire Girls elected
new officers. The meeting was
held Wednesday afternoon at the
home of the leader, Mrs. Leon
ard Bishop. Mrs. Murphey Tim
merman is assistant and Mrs
L. O Edwards is sponsor.
Cup cakes and cold drinks
were served. Later the group
made plans for a hike. They will |
pack a trail lunch and meet at
the home of Mrs. Bishop Satur
day, the 7th, at 1;30 for the hike. |
Officers elected were; Jane
Timmerman, president; Kathryn
Arnold, vice president; Sara
Lynn W’ysor, secretary; Lee Da
vis. treasurer; Toni Scheele,!
scribe; Sophie Young, Neely
Copeland and Jennie Edwards,
telephone committee.
Children Under Six
Unit Meets Here Tues.
The Spartanburg area meeting
of the South Carolina Association
on Children Under Six will be
held at Vernon’s restaurant in
Clinton today (Thursday) at 6:20
p. m.
The area is composed of nurs
ery and kindergarten teachers in
Gaffney, Clinton, Laurens, Union,
and Spartanburg.
A dutch supper will be served.
A representative from the State
Mental Health Department will
speak and show a film.
The First Baptist Church is
now observing a new schedule
for evening services on Sunday
The Baptist Training Union is
being held at 6:30 and evening
worship services at 7:15. accord
ing to an announcement by the
pastor, the Rev. J. H. Darr
CLINTON, S. C., THURSDAY, OCTOBER 5, IM1
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