Historical Newspapers of South Carolina

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_ -V MNNM .WBBL.... " | ,' f ’•'.A/vV THE CLINTON CHRONICLE 7; " ■ '7- 4 Clinton, S. C n Thursday, May SO, IMS nttw Advertising Remember that other name for Social Security—“Old Age, Survivors’ and Dis ability Insurance**? ' ‘i ** - Anyone who thinks this is insurance has been gravely deceived. And since the insti tution of insurance is highly regarded by the American people, it seems obvious that the intent was to deceive. Our contributions to Social Security are not insurance premiums. They are simply taxes. The money an individual (and his employer) pays in during his working years is not set aside for him, but goes to pay those now on the OASDI benefit rolls. And, obviously, this system of “robbing Peter to pay Prfiur has not worked as planned, since the tax has crept up from the original one percent of the first $3,000 earned to three and five-eighths of the first $4,800. This L is already more than the 3 percent ceiling orij^nally planned and the tax will keep on going up, with further increases of nearly 50 per cent now scheduled during the next five years. Early beneficiaries, who had paid in very little, had a good thing in Social Se curity. But, today, the chances of many workers getting back even what they haye paid in are growing pretty slim. Thus, the fear is well-founded that in time, it must be a losing venture for all. But now, this system which has bedn misrepresented to the people as insurance, which is not self-liquidating and never will be, is to be extended—if the Administration has its way—to include hospitalization and medical care for the aged! This, of course, will mean further tax boosts. In 1935, when FDR was urging the “Old Age, Survivors’ and Disability Insurance’* (Social Security) program on Congress, he warned at the same time against “extrava gant action” and said that “too ambitious” a program would be disastrous. That their action has been extravagant and far too ambitious is now painfully clear. Social Se curity obligations to present beneficiaries and those now paying for it are estimated at over $600 billion while total contribu tions to be made by those now working and their employers, together with the funds on hand, are estimated at just over $300 bil lion ! If You Want It-Holler! While the taxpayers of the US continue to put up billions for the aid of the so- called “backward” nations, our own Gov ernment is about to abolish parcel post be cause its too expensive! Actually, we can’t think of anything much more expensive—to the citizenry, es pecially those living on farms and in the rural areas, to all business and especially some two million small and medhun-sized businesses whose survival is seriously threatened—than closing the parcel poet windows in the 35,000 post offices through out America. In four days of testimony before the House Post Office Committee, top officials of the P. O. Department, representatives of postal employees and of parcel poet users found themselves in agreement, reiterating their belief that existing law condemns to death the package delivery service on which the nation has depended for more than half a century. Present law requires parcel post to be self-supporting and the Postmaster General to certify in advance of each fiscal year that revenue and expense will be in balance. Without such certification, the Treasury is forbidden to give the PMG any money whatever to run the Poet Office Depart ment. He now says he can’t truthfully give such a certification, since costs will far out run receipts. Furthermore, he says, a rate increase steep enough to achieve balance, would kill parcel poet anyway. If Americans want parcel poet, they had better say so—loud and quick! wounded, but because he’d been overcome by the heat Ever since then, American women have bravely sought to help their men win the Nation’s battles. During WWII, when Con gress passed the emergency wartime 20 percent “luxury” tax on toilet preparations and handbags (among other things) the girls were proud to accept the shiny and the beaten-up handbag as badges of pa triotism. But, when President Truman pro claimed the end of hostilities on December 31, 1946, they were ready to put on some tax-free powder and lipstick and buy a shiny, new handbag and celebrate Victory too! So what) happened? Nothing happened —until 195^ when a half-way gallant Con gress cut these taxes back to ten percent where, as every fuming female knows, they still remain! Thus, so far as the women are concerned, the war is still on. The front has merely been moved from Europe and the Pacific to Washington. THE AMERICAN WAT a*ger W. Salons Ready For Peace Mary Ludwig Hays, better known to posterity by her nickname, “Molly Pitcher,” probably had a shiny nose when she was carrying water to her husband’s artillery battalion at the Battle of Monmouth. And it may have been red as a beet, even peel ing, since it was a mighty hot day on June 28, 1778. In fact, the reason she dropped her pitcher and manned her husband’s gun during the battle was not because he’d been Drug Stocks and { The Population Trend Babson Park, Mass-, May 90. Drug stocks, In the not, too. distant hast, ranked high on the hit parade .of glamor stocks. Since then, they have fallen on hardtimes as investor preference once again demonstrated its shifting characteristics. A number of pharmaceutical issues have rebound ed, but, by and large, the group remains well be low its lofty peak reached in late 1961.1, however, have great respect for and faith in the drug in dustry. It has occomplished unbelievable studies in my lifetime and I forecast that the next 10 or twenty years may see similar progress. WHAT THE BIRTH AND MORTALITY RATES SHOW The public has only in recent years any great interest in popu lation statistics and trends their implications for the future. Nonetheless, the trends have been evident for several de- 1 cades. For example, the death rate per 1,000 population was 17.2 in 1900. By 1960 this had been cut nearly in half, to 9.5 deaths per 1,000 population! This is a most remarkable achievement, in which the drug industry has played a prominent part. The birth rate, on the other hand, has not de creased much during this period. In the early years of this century, the birth rate was around 27 per thousand population. Currently, it is around 23.5 per thousand. Of course, the birth rate shrank markedly during the depression, but Since ’ World War n the baby boom more than made up for that drought. The important point is that advances in the pharmaceutical and medical fields have so drastically reduced in fant and child mortality that the crop of young sters has been indeed bountiful. EFFECT OF RISING LIFE EXPECTANCY When I was a boy, a prson in the “forties” was considered “old.” Today, those of you read ers who are in this age group constitute the bulk of the “middle age” population, and one generally doesn’t become and “old fogey” until well after retirement age. This is, of course, the effect of the lengthening life expectancy. Just think, in 1900 the life expectancy was 47.3 years. But thanks to the wonder drugs, vaccines of one kind or another, vitamin pills, etc., which the drug companies have produced, the average lifespan today is around 70 years. In short, nearly half a generation has been added to life expectancy since 1900. This means that the so-called “senior citizens” segment of the population is increasing signifi cantly. My friends in the drug industry tell me that their research efforts are being trained more toward this group. They want to give the “old duffers” a longer and more comfortable life. Per haps partly in jest, they talk of a lifespan of a hundred years for many more people than live that long today; but I suspect these research staffs may be more serious than we think. My reading of the Bible reminds me that the pa triarchs lived for hundreds of years. I unhesitat ingly forecast increased interest In the geriatrics field, including advances not only-in drugs, sur gery transplants, and medicines, but also in food, eye glasses and hearing aids. PATIENCE AND DIVERSIFICATION In looking back, over what has been accom plished in the pharmaceutical field, my friends in that industry agree with me that np one could have forecast ahead of time exactly which com pany would first “strike pay dirt.” or when! This still holds true for the future. The industry is pouring about $270 million a year into research, and there is no Idling when there will be a big payoff. I wish investors would learn to be as pa- atient as those engaged in the research work! Hence, while I am optimistic over the long run for the drug companies, one must be prepared to “sit a while” with the drug stocks. Ultimately, however, I believe such patience can be reward ed handsomely. Because of the tightened regula tions on specifications for the release of drugs, due to the thalidomide fiasco, research to be even more exacting, and involves time-con suming tests and “proofs.” ■ Since it is impossible to tell in advance which company will come up with a prize discovery, in vestors would be wise to buy a few sham of a number of drug issues rather than to “bat on one horse.” Those that “come through” could more than offset the disappointing situations. Only good old-fashioned freedom will work Stories Behind Words by Wilttam S. Penfield Springs church. Mrs. W. M. Leaman welcomed the members and led an inspir ing devotional. Mrs. W. A. Simpson, church extension chairman waa program leader. , Mrs. J. T. Hollingsworth, Mrs. Simpson and Mrs. Harold Austin presented the cause of evangelis tic work along Bragil’s new fron tier and Mrs. J. M. Wham, Mrs. B. P. Watts and Mrs. P. H. Mil ler presented the Christian Medi cal work in Mexico. An offering for mission work in Brazil and Mexico was taken, after which Mrs. E. R. Austin led in prayer. Following the program a so cial hour was enjoyed in the fel lowship hall where punch and cookies were served by Mrs. John Cox and Mrs. R. T. Hollings worth and Mrs. John Adair. Miss Dorothy Finley will pre sent her pupils in a piano recital Thursday evening, May 10 at 3 p.m. at the Cross Hill school. Those taking part are from both the Mountville and Cross Hill communities. The Rev Roy W. Coker and W. M. Leaman will attend Presby tery at Summerville Tuesday. Mr. and Mrs. E. H. McKlssick and son Ellis attended com mencement exercises at Winthrop College Sunday. Their daughter. Miss Bonny, wasja member of the graduating class. To Play Possum American hunters long ago noticed one particular characteristic of the opossum —or ’possum, as the ani mal is commonly called. The ’possum appears to feign death when it is struck or is seriously startled. The ’possum falls over, its eyes closed, its muscles limp and its tongue hanging out of its half-opened mouth. While it is in this state, no amount of prod ding will make the animal show any sign of life. After the danger has passed, the ’possum rolls over, gets to its feet and goes away. (Contrary to popular opinion, the ’possum’s action is an involuntary nervous reaction, rather than willful deception.) This trait of the animal led to the figurative expres sion, “to play ‘possum”—which means to feign sleep, illness, ignorance or the like. View* Of Our Readers Dear Editor: Just a brief note to express our appreciation for the church page that has been published in the Clinton Chronicle for the past five months, each week, as a ser vice to its readers. The purpose of this church page is to list the names and addresses of the churches, the pastors, and the hours of services. The Clinton- joanna Ministerial Association is deeply grateful to the businesses both in Clinton and in Joanna for their financial help in this won derful project. The Ministerial Association feels that this has been a won derful service to it and to the members of our churches and we hope that the newspaper and the businesses will continue this community service. With best wishes, I am Sincerely yours, J. Herbert Thomas, Secre tary of the Clinton-Joanna Ministerial Association May 27, 1963 save UP TO *200 (rats HE Hews MRS. HAROLD AUSTIN. Correspondent Vacation Bible School will be held at Liberty Springs Presby terian Church June 3-7 from 8:30 to 11:30 a.m. for pre-school.chil dren and grades 1-6. Youth night will be June 17-21 from 7:30-9:00 p.m. for high school students and above. The women of the Mount vile and Liberty Springs Presbyter ian churches observed the an nual birthday party lase Wednes day evening at the Liberty Mr. and Mrs. Tom Brown and children of Lucedale, Miss., are visiting her parents, Mr. and Mrs. W. H. Cole. Friends of Mrs. Cole are glad that she is some better after being quite ill. The Rev. and Mrs. Truman Brown of Marhleton, Ga., and Mr. and Mrs. O. P. Dawson of Marietta, Ga., have been the re cent guests of Mr. and Mrs. J. E. McKissick. Mr. and Mrs. W. I. Smith spent Sunday with her parents, Mr. and Mrs. Curtis Parkman at Cal- lison, going especially for Mrs. Parkman‘s birthday. Annud Report of Association Published The first annual report of the Tuberculosis and Health Associa tion has just been published, ac cording to Mrs. M. M. Teague, executive director. The reports are being mailed this week to ap proximately 2,000 individuals, businesses and organizations in Greenwood and Laurens Coun ties. The annual report gives a com prehensive summary of the asso ciation’s organizaiton and objec tives; the activities and achieve ments of the past year and the new emphases and challenges of the future. In the report, special recogni tion is given to news media for coverage of association activities and to the numerous volunteers for their many hours of work in program events. Officers of the bi-county group which merged on April 1, 1962, are Rev. James A. Bokers of Laurens, president-elect; Mrs. V. W. Hayes of Greenwood, secre tary; and Harold W. McClintock of Ora, treasurer. Monday and Tuesday Jme 3-4 ME MACABRE MAS! B$AltAUANP0E% WEMVEIl — tr --p- SMSwTpRICEfnnLORRE irkKARLOFF Features: 3:00, 5:00, 7:00, 9:00 P. M. Starts Wednesday, June 5 SANDRA See PETER FONDA m KBS HUNTENm* Tammy aM mwm ^Y/AUWW Today, Friday and Saturday Night May 30-June 1 NOTHING YOU HAVE TECHNICOLOR* —* ROD TAYLOR JESSICA TANDY SUZANNE PLESHETTE ^Tlppn Features: 3:30, 5c50, 8:00 Saturday: 5:50 aud 8:00 (Only) Saturday Afternoon, June 1 Calling All Kids Bugs Bunny Cartoon Show PLUS 2 THREE STOOGE COMEDIES 1:00, 2:30, 4:00 i§m\D\\A\ CLINTON, 8. C., THURSDAY, MAT M, M Sip (Elintnn (ttljrnntrlr My 4.1M9 — WILLIAM WILSON HARRIS — Swm 13, UM fc-srr—r PUBLISHED EVERY THURSDAY BY THE CHRONICS P . On, Yw KOO. a* Rate (Payable la Advance) Second Class Postage Paid at Clinton, 8. C. advice. The Whin My are not of a Title paper !e not reeponriMolw the views PHHb Misseletlon. National No* TUrk, CMcaso, Detroit, . lL, m L ■N.i TM •tath asm PAItRN uAK Pick the Ernest R. Ouzts —•} (i ' ~ Buy now CHEVY H, C0RVAIR AND COMM PLAXIC0 CHEVROLET, INC cuwwtac mow.naimtr. , ’ ■, .