The Clinton chronicle. (Clinton, S.C.) 1901-current, March 14, 1963, Image 2
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THE CLINTON CHKONICLE
CUmtoa, & C, ThumUy, March 14, IMS
Two Strikes Against
U. S. Textile Industry
Textile plants in the United States have
one strike against them when they J open
their doors for business every morning.
And the umpire who imposes this auto
matic strike against cotton mills in Clinton,
Laurens County, South Carolina, and ev
erywhere else in the United States is the
U. S. government. It forces American mills
to pay $42.50 a bale more for cotton‘than
Japanese mills and other foreign plant's pay
for the same bale.
That fact was dramatically brought to
the attention of Clinton people last week
when a bale of cotton was displayed in each
of the two local banks with signs reading,
“This bale of cotton, grown in the U. S. A.,
cost local textile mills $182.50. Any for
eign mill could have bought this same bale
for $140.00—or $42.50 less!"
And strike No. 2 is also automatically
imposed by the umpire (the U. S. govern
ment) when foreign-made textile products
are allowed to flood the American market.
These goods are made by cheap foreign la
bor paid at the rate of 15 to 20 cents a day.
Agencies of the U. S. government seem
ingly have gone out of their way to place
stumbling blocks in the path of the Ameri
can textile industry’ in recent years. In
deed, some officials have gone so far as to
state that the textile industry’ is expend
able. All for the sake of building goodwill
for the U. S. abroad and keeping foreign
nations in the Western camp.
It’s high time that some concern be
exhibited for the cotton growers of the
country, the hundreds of thousands of tex
tile workers, and the millions upon mil
lions of dollars invested in the industry.
The future of this great segment of the
United States ..economy “depends on how
quickly Congress reacts to the need for pos
itive far-reaching action,” local textile ex
ecutives stated this week.
are applied to a lengthy list of articles—
leather goods, cosmetics, certain kinds of
office machinery, furs, and jewelry. These
articles, for the most part, can hardly be
considered’meedless luxuries in a nation like
ours. They are part of a way of life. They
contribute to living standards. And they
kre almost universally bought and used.
Tax reform is now a principal topic of
discussion and; debate.^ One of the best
places to start 4 is with a set of emergency
excise taxes which are still on the books
almost a generation after the emergency’s
end.
, According to a Department of Agricul
ture publication, the persistence of a rela
tively high birth rate, a low death rate, and
a moderate amount of immigration have
made it likely that the U. S. population will
rise to 245 million or more by 1980. That
is 30 per cent above the present population
of 187.5 million.
Cress H
MRS. HAROLD At
Bab«on Discusses
Inflation
Babson Park. Mass., March 14—Many invest
ors in stocks are holding them in belief of com
ing inflation. Although inflation would not help
non-convertible preferred stocks and bonds, it
should help many common stocks. On the other
hand, inflation would be a serious matter to most
railroad, public utility, and manufacturing com
panies. which would have to raise wages, pay
more of their raw materials, and yet have dif
ficulty raising prices. During the next few weeks
I will discuss in this column some companies
with inflation-hedge characteristics.
ONLY A FEW RAILROAD
STOCKS APPEAL TO ME
Despite the plight of the railroad industry, the
outlook is far from bleak for
some of the major roads. Better
earnings are showing up with
elimination of unprofitable pas
senger business, increased effic
iency. cultivation of new busi
ness. and gradual exploration
and development of large land
holdings.
Atchison, Topeka & Sante Fe
is the largest railroad system in
mmgmw w. 111 ■ ■ ■ the United States. It is no longer
a public; heavily dependent upon agricultural freight. £and
holdings produce earnings from oil, lumber, coal,
and metals.
Union Pacific supplements its revenues from
its well-balanced rail freight busines with income
from oil and gas production, and dividends from
proximately $100,009,000 (the estimated extensive investments—both rail and non-rail.
figure, which would more than likely be
Hearing Slated On
Trotters Shoals Dam
Governor Russell has called
hearing in Columbia on March 18 (next
Monday) on the proposed Trotters Shoals
government dam on the. Savannah River.
This dam would cost the taxpayers ap-
raised by 50 or 100 per cent if it follows
the usual course of federal projects).
Further, it would flood almost all of
the Mead Company's pulp and paper mill
site on the Savannah River in Abbeville
County. This projected mill would be built
on about the only remaining site on which
such a mill could be built in this area. The
mill would furnish a market close at hand
for thousands of our farmers who have
converted their former cotton lands to the
growing of pulpwood.
Then, too, if the Trotters Shoals dam
were built it would push out of the picture
a tremendous Duke Power Company gen
erating plant, which is proposed to be built
on the Savannah River at a cost, we un
derstand, of about $300,000,000. This
would be a tax-paying project—and would
cost the taxpayers not a dime.
Georgians, across th^ river, are oppos
ing the Duke plant in South Carolina while
South Carolinians do not think the Trotters
Shoals dam should be built.
Laurens County citizens should join
with others from the state in attending
the hearing in Columbia on Monday and
express themselves vigorously in opposi
tion to the government project at Trotters
Shoals.
Still On The Books
A special task force of the American
Retail Federation is campaigning for re
peal of the wartime excise taxes. It de
serves all success.
These taxes, among others, were im
posed as an emergency measure during
World War II, and it was universally be
lieved that repeal would come with the
war’s end. But some 18 years have pass
ed and the taxes are still being levied.
In some areas, at long last, such unfair
and discriminatory taxes have been repeal
ed. For instance, the taxes on rail and bus
tickets and freight shipments were drop
ped, and the tax on am fares was halved.
But the retail excise-taxes remain. They
nia, Colorado. Wyoming, and elsewhere.
Northern Pacific serves the Pacific Northwest
and the northern tiers of states. Freight is diver
sified, among manufactured goods, crops, forest
products, oils, minerals. Land grants total over
2 million acres.
Canadian Pacific Railway combines a vast
transportation empire with a virtual kingdom of
natural resources. Its transportation system
spans from Asia to Europe, and includes steam
ship, air, and truck lines; plus hotels and a tele
communication system. Its natural resources
include 51% control of Consolidated Mining and
Smelting Co., ownership of one million acres of
land, and mineral rights to about another 10
million acres, mostly in Alberta.
STEEL COMPANIES
The steel industry also is under pressure of
rising labor costs. Nevertheless, the fundamental
nature of this industry enables steel companies
to increase their earnings.
The largest steel producer in the world is U.
S. Steel. The scope of its activities extends into
mining, shipping, metals fabrication and the pro
duction and distribution of cement and nitrogen
ous chemicals. Other properties provide manga
nese, coal, and limestone. Increasing emphasis
is being placed upon taconite mining and facili
ties. Estimated domestic iron ore reserves are
close to one billion tons in the Lake Superior
region and in Alabama and Utah. The company
holds foreign reserves of over one billion tons in
Canada and Venezuela.
Republic Steel is another domestic steel pro
ducer. specializing in alloys and stainlness steel.
Reserves of iron ore and coal are sizeable. Re
public owns 50% of Reserve Mining Company,
which supplies a large portion of its iron ore
needs in the form of taconite pellets. It also
holds an interest in Iron Ore Company of Canada.
A considerable amount of money is spent for
research, emphasizing heat-res is tjant high-ten
acity steel products for missiles and rockets.
Bethlehem Steel Corporation consitutes the
nation’s second largest integrated steel producer.
In 1962 ingot production came to 14.7 million
tons, or about 15% of the industry output. Light
steel products recently accounted for about 65%
of sales. The company is also the largest U. S.
shipbuilder. Capital expenditures in 1962 amount
ed to $193 million, with $373 million additional
authorized on December 31, 1962, and about as
much again scheduled through 1965. The com
pany has increased output of pelletized high-grade
ores and has extensive iron ore, coal, and lime
stone reserves.
Cleveland Cliff Iron Mines should also be in
cluded in my list. In addition to its own proper-
Ues it has large interests in other steel compan
ies, and railroad and fleet transportation
tions.
CLUB MEET
The Friendly Garden Club
was entertained at the home
of Mrs. Ernest Pinson, with
Mrs. Jake Rasor as co-hostess,
last Tuesday afternoon.
f-
The Pinson home was dec
orated with arrangements of
yellow daffodils. ,
Mrs. Rasor gave the devotion
al, basing her remarks on the
first Psalnr^, apd closing with a
poem. -
Mrs. Pinson, president, wel
comed the members and visi
tors. Mrs. Gary Holcomb and
Mrs. Caston of Clinton.
During the business session it
was decided to have an honor
ary roll for the club for mem
bers unable to attend.
Mrs. J. T. Hollingsworth was
appointed to serve o^the beau
tification project.
Mrs. Hollingsworth and Mrs.
J. A. Richardson were program
leaders. Mrs. Holcomb,was in
troduced as guest speaker, and
gave a most interesting dis
cussion on “Permanent Flow
ers.”
She stressed the selection,
care, colors and containers and
the placing of permanent flow, j
ers in the home and also gave
some information on using
them in churches. She display-:
ed a number of arrangements
which she had made. Mrs. Hol
lingsworth presented her with
& lovely flower container.
At the conclusion of the pro
gram the guests were invited
into the dining room where a
salad and sandwich plate, lem
on tarts and coffee were served
from a table appointed with an
arrangement of pink gladioli.
Mrs. C. S. Pinson and Mrs. L.
R. Adams assisted the hostesses
in serving.
ATTEND RA CONGRESS
Rev. W. M. Ussery, Johnny
Hipp. Robert Lee Whiteford and
James Moore attended the RA
Congress at the First Baptist
Church in Columbia on Friday
and Saturday.
Mrs. C. S. Pinson, Mrs. M.
C. Pinson. Mrs. Jake Rasor.
Mrs. E. W. Pinson, Mrs. J. H.
Atchison, Mrs. J. A. Whiteford
and Mrs H. L. McSwain attend
ed a study course at ML Pleas
st Baptist Church Monday eve
ning. and heard Miss Dorothy
Corbett review the study book,
“The Chains Are Strong.” A
slide on Home Mission work
was also shown.
IN STUDY COURSE
Mrs. A. D. Bennett and
daughter of Augusta, Ga., visit
ed Mrs. W. M. Leaman and
other friends here Saturday.
Mrs. S. J. Verenes and tons
of Aiken, were week-end guests
of Mr. and Mks. J. T. Hollings
worth. ’
Mr. and Mrs. M. C. Pinson
visited relatives in Columbia
during the week-end.
Mr. and Mrs. R. A. Oswald,
Mr. and Mrs. George Mayfield
of Columbia, were guests of
Mr. and Mrs. E. W. Pinson re
cently. 1
Several young people here
didn't want to be out of this
physical fitness trend, so they
decided to begin in a small way
to keep from having sore mus
cles and aching feet.
Miss Mary Evans Segars.
Dickie Martin, Ernie Segars
and Clayton Martin walked
down to the Segars’ grandpa
rents. Mr. and Mrs. E. P. Boaz-
man, who live two and a half
miles below town. After reach
ing their destination, they de
cided to walk back, so they
walked five miles as a begin
ning to longer hikes.
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Stories
Behind
“ Words
by
William S. Penfield
/
Scapegoat
“Scapegoat” is a shortened form of “escape goat,”
and comes from a Bible story. v >—
The story—in the book of Liviticus—tells of the
ceremonies on the day of Atonement, which was ob
served annually in the ‘early part of October.
One of the ceremonies involved two goats, one of
which was sacrificed to God. The sins of the people
were symbolically placed upon the head of the other
goat, and it was allowed to escape into the wilderness.
This ceremony was the origin of the word "scape
goat,” meaning a person who bears the blame for an
other. ^
Mountville News
MRS. MAUDE BRYSON
Correspondent
Mr. and Mrs. P. H. Miller, ac
companied by Mrs. Miller’s mo
ther, Mrs. M. D. Smith, visited
the Miller’s son, Calvin P. MiL
ler and his family in Florence
last weekend. They aso visited
Dr. Frank Davenport and his
sister, Mrs. Eunice Turner,' in
TimmonsviUe. ^
Visiting S. B. Goodman, Sr.
last weekend were Mr. and Mrs.
John Goodman and family of
Denmark and Mr. and Mrs. Ar
thur Cook and family of Winston-
Salem, N. C.
Mr. and Mrs. Frank Shealy
and family of Lake Murray
spent Sunday with Mrs. Shaely's
parents, Mr. and Mrs. J. S.
Winebrenner.
Julia Watts, along with five of
her friends at Montreat College,
N. C., visited Julia’s mother,
Mrs. B. P. Watts over the week
end.
Mr. and Mrs. James Burgess
and son Lee of Florence spent
last weekend with Mrs. Burgess'
parents, Mr. and Mrs. L. T.
Watt. Mr. and Mrs. Frank Simp
son and family of Joanna join
ed them for Sunday dinner.
“-Mr. and Mrs. Francis Duker
of> Macon, Ga., visited the lat
ter’s parents, Mr. and Mrs. E. E.
Carter, during the weekend.
Mr. and Mrs. H. D. Tommie
visited their son, W. J. Tommie
and family in Greenwood on Sat
urday.
Mrs. Edgar Benjamin and chil
dren were dinner guests of her
parents, Mr. and Mrs. Tom
Owens, in Clinton on Sunday.
Mrs. Dan Turner of Charlotte
spent Sunday with her father,
H. W. Bryson.
Mr. and Mrs. Rufus McClain
of LaFrance were here Sunday
visiting ^their daughter and son-
in-law, Mr. and Mrs. Charles B.
Bannister and family. Also visit
ing was Mr. Bannister’s brother,
Roily Bannister. Jr. of Raleigh,
N. C.
’ r/
YOUR
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TODAY, FRIDAY AND
SATURDAY NIGHT
MARCH 14-15-16
IN
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Admission 75c and 25c
SATURDAY
AFTERNOON ONLY
“All-Cartoon
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Also Stooge and Little
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WATCH FOR THESE BIG HITS—
—TWO FOR THE SEE SAW
—GIRLS, GIRLS, GIRLS
—TARAS BULBA
—DAYS OF WINE AND ROSES
—TO KILL A MOCKING BIRD
LUXURY CAR: RIDES, RESPONDS AND LOOKS
LIKE IT OUGHT TO COST A RANSOM
looking at our Tmpala Super Sport
table which,
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CLINTON, S. C„ THURSDAY, MARCH 14, 196$
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Clinton GHprunirlr
1 Establimed 1999 .
July 4, 1889 — WILLIAM WILSON wannin _
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Convertible which, along with ha
tbs Sport Coupe, absolutely
higher priced care.
That special trim and thorn front huekst
seats merely hint at the comforts you find
built into every Impala Super Sport.
Performance? It’s remarkable, an under
statement we can afford when there are 7
engines to choose from. One of which is the
popular 840-hp Turbo-Fire 409*, a wizard
in traffic and a joy on the open road. And
others all the way up to 425 hp*.
If you want an extra flourish or two, mull
over extra-coet options like floor-shift four-
fmpala Super Sports offer the new Com-
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PLAXICO
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what’s cooking up front.
Just before you rush off to your Chevndet
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\
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afisp -*•