The Clinton chronicle. (Clinton, S.C.) 1901-current, November 23, 1961, Image 4
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THE CLINTON CHRONICLE
Thursday, November -3. 19ul
Now Thank
We AD Our God
Now thank we all our God,
With heart and hands and voices.
Who wondrous things hath done.
In whom His world rejoices;
Who. from our mothers’ arms,
Hath blessed us on our way
With countless gifts of love.
And still is ours today.
O may this bounteous God
Through all our life be near us.
With ever joyful hearts
And blessed peace to cheer us;
And keep us in His grace,
And guide us when perplexed,
And free us from all ills.
In this world and the next.
All praise and thanks to God
The father now be given.
The Son, and Him who reigns
With them in highest heaven;
The one eternal God,
Whom earth and heaven adore;
For them it was, is now.
And shall be evermore.
Prometheus Unbound
Major General Edwin C. Walker, ousted
from his West Berlin command largely on
the representation of an irresponsible, camp-
follower type of publication, and subse
quently offered a promotion to cover the Ad
ministration’s confusion over the storm of
protest that arose, has resigned from the
U. S. Army.
In a statement sent at the same time to
Chairman John C. Stennis of the Senate
Armed Sendees subcommittee that will con
duct hearings on muzzling the military, he
explained why. It had been made impossible,
he said, for him to train his soldiers in mat
ters he considered essential to morale and to
their capacity to sundve. He will, therefore,
now try to do as a civilian what he couldn't
do in uniform. In resigning. General Walker
is giving up an earned retirement income
variously estimated at from $12*000 to $20,-
000 a year.
General Eisenhower resigned from the
Army to run for the Presidency, and is the
only other general officer ever to do so. But
he failed to make it stick, since President
Kennedy restored his rank immediately af
ter the Inaugural.
It is recalled, however, that General Wal
ker tendered his designation once before—
in protest over the use of Federal troops at
Little Rock. As commander of the Arkansas
Military District at the time, he tried to
stop Washington from sending in the 10let
Airborne, insisted that the National Guard
could handle the situation effectively and
considered Army interference as invasion of
states’ rights.
While the Pentagon refused to accept this
first resignation, it will not be so easy to re
ject the present declaration. Since General
Walker is now eligible for retirement, there
would seem to be no way of forcing him to
remain in the service.
It is a sad thing that he must purchase
his freedom at such a financial sacrifice and
sadder still that be must lay aside the uni
form he has worn with pride for more than
30 years—in order to fight the most sinister
enemy of all time.
But we desperately need the Walker type
of leadership—not just against Communism,
but in the fight to make patriotism respect
able once more.
large understands the dreadful menace of
the claims made by the quacks. These claims
are especially prevalent in connection with
diseases such as arthritis and cancer, where
large areas of knowledge remain to be de
veloped. Food fadism is another wide and
profitable field of quackery. What one auth
ority terms “nutritional nonsense” has led
vast numljersof people to turn to diets which
are definitely injurious to health and longev
ity—aftd which, on top of that, drain their
pocketbooks.
This twin, medical-governmental attack
on quackery deserves the fullest possible
support and publicity. It must be pressed
on the state and local levels, as well as the
national. And, if it is to be successful, the
biggest single factor will lie public, educa
tion and enlightenment.
Marker Unveiled
(Continued from page 1)
The Clinton High School band,
directed by Harry A. Bouknight.
er. Jefferson Davis' campaign ing especially for the occasion
manager was Robert Barnwell of was a reproduction of “The Hun-
South Carolina. So it was Barn- ley,” the famous Confederate
well and South Carolina votes submarine, built in Mobile, Ala.,
that elected Jefferson D a v i s in 1863, and shipped to Charleston
Furrhshed"music. and Co. A, 4th President of the Confederacy. on a flat car. In the Charleston
Pershing Rifles, of Presbyterian “The last, what we might call harbor in February, 1846, with
College, advanced colors. Salutes | an association with South Caro- bt. George E. Dixon command-
to the American Flag, the South l.'na or nor r South Carolina, was > n 8 a crew of six. using a spear-
Carolina Flag and the Confed- when as a prisoner, he and Al- bead torpedo on the end of a
erate Flag were led by Mrs exander Stevens rode through Au- s p ar - they successfully sank the
Archie C. Watson of Clumbia. gusta. Ga . to the river where pinion blockader, “ The Housatan-
president of the South Carolina they were transported to prison ‘ c > *be first battleship to be
Division, L’DC and as they passed through Au- sun,c by underwater craft. The
Rev .1 II Darr, pastor of the a a ttle 8-ycar-old boy ^bmarine and crew also went
loo e l through the window and f,own
snv>. the procession of the cap- conceived the idea of
tured President and Vice-Presi- building a replica of the Hunley
dent of the Confederacy. That
little 8-year-old boy was Wod-
row Wilson. 1 would like to think
First Baptist Church, offered
prayer prior to the unveiling
Mayor .1 .1 Cornwall extended
a welcome to the visitors.
James P. Sloan introduced the
speaker, the Honorable John A
May, of Aiken, chairman of the
South Carolina Confederate War
for display during the Confed
erate Centennial. Dr. C. C. Ed
wards, President of Ciemson Col-
that Woodrow Wilson never for- b-ge. olfered the services of Clem-
got that scene he witnessed on
son College in building the hull
Gesture
First fruits of the President’s recent ad
vice to his Cabinet to cut down on spending
were announced by Secretary Ribicoff who
is trimming about $102 million of fat from
Health, Education and Welfare. Against the
remaining budget of nearly four-and-a-half
billions, this is not very impressive.
Mr. Ribicoff reports that 627 new jobs
will not be filled, but no one is to be fired.
We hojK- the Secretary’s shadow-boxing will
encourage others of the official family to
take a real solid poke at some bloated bu
reaus.
Babson Discusses
Insurance Stocks
BahKon Park, Mass., Nov 23- The possibility
ol devastation from nuclear explosion is now a
matter of concern to the whole world. It could be
argued that this dismal prospect will have a de
pressing effect on the value of fire and life in
surance stocks However, the insurance industry
assumed no war risk diability during World War
II but acted merely in the capacity of a govern
ment agency when war risk in
.surance was instituted Today,
most oi the insurance policies
which are in force exclude pay
ment for damages from enemy
action These facts should at
least tie reassuring to those in
| vestors who own insurance
stocks.
Centennial Commission. He also l bat day.
complimented UDC members for In conclusion, May stated, “In m,.
their fine work in making pos- fairness to you, I shall say that an( j three children are new Clin-
NEW RESIDENTS
and Mrs. Hoyt Edwards!
sible the historical marker. Davis was not always right—no
Mr. May, an author, authority human is-to err is human. But in
on American history, and civic fairness to Davis, 1 should say
lender, was elected seven times that he was a man of honor, one
to the House of Representatives 1 w ho believed with all his heart
»»fr W. BabMa
Crack Down On Quacks
The medical profession and the govern
ment are now teamed to crack down on
quacks who gyp the public out of a billion
dollars a year — and, far more important
still, do untold damage to the nation’s
health.
Scene of the teaming was the first Nation
al Congress for Medical Quackery in Wash
ington, D. C., sponsored jointly by the Amer
ican Medical Aaeociation and the Food and
Drug Administration. Medical spokesmen,
cabinet officers, top ranking federal officials
and experts on the manifold quackery at
tended. All agreed on the urgent need for
an intensive campaign to run medical trick
sters out of business, and educate the pub
lic to the fallacies of quack claims.
That word “educate” is certainly the key.
All the laws and official actions on earth
can’t solve the problem unless the public at
CONTROLS?
A study of fire insurance com
mon stock prices, from the post
depression stock market peak of
1837 to the wartime low in 1942, indicates that
they held up better than twice as well in value
as did the mighty Dow-Jones Industrial Averages
during the same interval H.ence, despite the
pressures of wartime uncertainties during World
War II and the rigid price controls in effect then,
investors owning stocks of companies insuring
property and life had much less worry than those
who pinned their faith on the issues which made
up the Dow-Jones Average during that time
Today investors are disturbed about the pos
sibilities of controls and anxious about what their
institution might do in the way of depressing
common stock values This is not so serious a
matter for stockholders of fire and life insurance
companies because price controls would at least
dampen down the chronically rising costs en
countered in settling claims and would thus tend
to improve underwriting results for the insurance
companies In short, business stocks are not so
vulnerable to price controls as industrial stocks
are
FIRE INSURANCE STOCKS VS.
INVESTMENT TRUSTS
Fire insurance companies traditionally hold a
substantial part of their reserves in common
stocks. These insurance stock portfolios are man
aged with professional skill, providing the stock
holders with advantages similar to those enjoyed
by owners of good investment trust stocks—
without the added cost of the salesman's com
mission and the continuing management fee.
This leads us to the conclusion that many in
surance stocks now represent good value for hold
ing during this time of trouble and danger and
100-metagon bombs I therefore recommend that
all investors have at least one well-chosen fire
and life insurance stock to their list of securities
to help them maintain peace of mind in this dan
gerous atomic age.
LIFE INSURANCE STOCKS - 1
Both fire insurance stocks and life insurance
slocks have the public working with them. The
cost to the city in which you live—for its fire
department, fire boxes, etc.—directly benefits all
fire insurance stocks This is especially impor
tant with fire insurance losses constantly in
creasing year by year. Furthermore, fire insur
ance policies are issued, as a rule, for only three
years, and seldom for longer than five years
This gives the companies opportunity to readjust
their rates according to changing conditions.
These rates are set by the state authorities, and
they are known to be fair in making adjustments
The public goes even further in “helping" the
life insurance companies Every doctor, hospital,
and individual is working to protect life and
lengtiien the lifespan. Polio epidemics have been
virtually eliminated, while, because of proper
municipal sanitation, very few cases of diphthe
ria or typboir now occur Tuberculosis is still
being fought by private associations and other
means
from Aiken County. As chairman
of the Centennial Commission, he
has traveled all over the state
urging proper observance of
this important event. Other ser
vices included: chairman of the
Confederate States Centennial
Conference, State Commander of i
Sons of Confederate Veterans.
Past Department Commander of
the American Legion, Past Dis
trict Governor of the Lions Club,
and president of the Aiken Cham
her of Commerce. He is co-au
thor of “The South Succeeds,"
author of history of St. John's!
Methodist Church and is current
ly writing a complete history ol
Aiken County. In presenting him, i
Mr. Sloan Said, “It is my pleas-
ure and privilege to present a 1
distinguished South Carolinian, a I
great American, a dedicated
Southerner. Mr Confed e r a c y '
himself-John A May"
Congratulating the organiza- !
tion on its accomplishments, Mr
May said, “How many times
have we heard that South Caro
lina has made more history and
preserved less than any other
state That statement is not true
today because the good ladies
have do ie somthing about it. We
all wish that more communities
would I liiow your splendid exam
ple."
He recalled the h ghlights of the
Davis journey through South
Carolina Pointing out that Presi
dent Davis had many connections
with Sou h Carolina, most impor
tant u; the fact that both his
father and mother were native
South Carolinians He spoke of
Davis' friendship with John C.
Calhoun, whom Davis had picked |
as his ideal Calhoun had pre
dicted that his mantle of leader
ship for states' rights would fall
on the shoulders of Davis.
Mr. May said:
“He clung obstinately to the i
hope of continuing the struggle in ;
order to accomplish the great I
end of Southern independence
his whole soul was given to that
thought, but with no thought of
self, safety or position. He gave
his all lor the principles of his
beloved leader.
"Jefferson Davis owed his elec
tion as president of the Confed
eracy to South CaroJina. Since
only six states were represented
and Florida had said they would
vote as South Carolina did, South
Carolina held the balance of pow-
and soul in fighting for the prin
ciples in which he believed. He
loved his country-and he devoted
his life to its defense.”
Moved to the site of the unveil- i
ton residents and are living at 520
Musgrove Street. Mr. Edwards,
an employee of the Southern Bell
Telephone Company, was trans
ferred here from Greenville.
Requirements For
Admission To PC
Are Going Higher
Advancing admissions require
ments at Presbyterian College
were underscored by President
Marshall W. Brown in a recent
alumni letter in which he re
viewed briefly the present out
look at PC. ■
He pointed out that the average
verbal score on the required
Scholastic Aptitude Test of the
College Board for the 1961 en
tering freshman class was 21
points higher than last year's and
54 points ahead of the freshman
class average four ; ears ago He
added:
“Thus, you recognize an in
creased emphasis on admitting
those students qualified to meet
the standard of work required
at Presbyterian College. As a
result of this measure and a new
j policy on graduation require
ments. the campus is being
j charged increasingly witih an at
mosphere of intellectual endeavor
and at a time when our intra
mural sports participation has
never been higher."
President Brown also touched
| upon recent progress, the forth
coming development program,
and the rallying support of alum
ni and friends to the annual giv
ing program He pointed out the
leading states currently repre
sented among PC’s 540 students
as: South Carolina. 246; Georgia,
149. North Carolina, 61; Florida,
33; and Virginia, 12. Denomina
tionally, the Presbyterians pre
dominate with 325 students, fol-
Iwoed by 110 Baptists. 60 Metho-
d i s t s and 20 Episcopalians
among the leaders
' _ .<#
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