The Clinton chronicle. (Clinton, S.C.) 1901-current, October 03, 1963, Image 2
THE CLINTON CHRONICLE
CNfttea, 8. C, Thnndajr, October S,
2
Tighten The Rein* First
In his TV broadcast from Washington
telling usjhow good we are going to have it
with that |11 billion tax reduction to spend
(in 1966 )on new care, dishwashers, homes,
conveniences, etc., President Kennedy prom
ised “an even tighter rein on Federal ex
penditures.”
He said spending would be limited “to
those activities which are fully essential to
the nation.” He said: “Spending will be
controlled and our deficit will be reduced.”
But he didn’t say when this new policy
is to start.
He didn't mention which activities
would be scrapped, or even pared down.
He didn’t say we were going to forget
about the moon, or scratch Tito (or any
body else) off our gift list, or leave area
redevelopment to the areas that want to re
develop themselves with all that money
they’re going to save on taxes, or even tell
the REA to quit lending money at 2.5 per
cent that the Government is paying 4 per
cent to borrow.
But, no doubt, those expenditures are
not merely “essential” but “fully essential.”
Even more puzzling was his statement
that there are less civilian workers on the
Federal payroll now than there were ten
years.ago, since we read only days ago that
in July the Post Office, Agriculture and
Treasury Departments added a total of
more than 9,000 and that the grand total
now stands at more than two-and-a-half
million.
We hope the Congress in considering
passage of a tax cut in the face of continu
ing deficits and a national debt whose alti
tude defies imagination will recall the re
gion that is paved with good intentions—
and not consign the nation to it.
12,125 yearly. On the other hand, S. S.
provides only |1,524.”
It can be added that S. S. terminates on
death, save for very small benefits to wid-
No cash reserve is built up.
ows.
Burlington, Wise., Standard-Press: “Ad
vertising is as vital to the preservation of
freedom as free exercise of publishing a
newspaper or the free exercise of building
a church or the free exercise of the right
of trial by jury. Advertising is not only
the practical source of advocating to the
people of this country the economic choices
they, have before them. It is practically
the sole support of the only communication
systsfn that is not under the control of the
state.” , —
Giddings, Texas, News: “Since . . .
most all the schools in Texas are receiving
federal aid for deucation, they can well
expect to have to take orders horn the fed
eral government. At least it should keep
the kids under better control. Skipping
school (playing hooky) could be a federal
rap.”
B&bson Discusses Consumer
Intentions
Dump Bath Water Only!
The controversy over the use of pesti
cides in agriculture has generated an abun-
• - <r
dance of heat Unfortunately, there seems
to be a lack of light.
It has been charged that these chemi
cals present a terrible threat to wildlife
and even to human life. But Dr. Wayland
J. Hayes, Jr., top-ranking toxicologist of
the Public Helath Service, has testified, in
effect, that the country should avoid an
hysterical approach to the pesticide prob-
lem. He added that there is no evidence
to support fears that pesticides cause “a
wide variety of illnesses”; that although
DDT can be found “in every complete meal
analyzed in this country,” in the known
concentration it is harmless; and that un
til more evidence is available, considerable
harm can be done “by regarding question
able cases as established fact.”
Certainly, every effort should be exert-
Babson Park. Mass., Oct. 3 — There are many
methods used to determine what business in gen
eral is going to do next, but none of the mare
surefire — as those of us in the forecasting busi
ness know so Well. However, one barometer of
business weather that I always watch with in
terest is consumer buying intentions. This is
published each quarter by the Census Bureau.
POPULAR BUSINESS PULSE
When you come right down to it, public sen
timent is very quick to reflect
economic tendencies — even
sometimes to direct them. If,
for instance, people simply do
not feel like buying, it is pretty
difficult to make them buy
And if they do not buy, stores
are caught with top-heavy in
ventories, orders die down, pro
duction has to be cut back, and
unemployment begins to rise.
B*t*r w. Thus the scene is set for a
possible recession—or perhaps even a depression.
Fortunately, however, the opposite is true if
the nation’s shoppers really want (and are able)
to buy. When the future looks comfortingly se
cure, this desire to buy can carry consumer re
sistance almost to the disappearing point. The
more buying increases, the more inventories are
used up. Then come new orders for salesmen, for
wholesalers, for manufacturers. Production
starts to climb, employment expands, and chanc
es of an early recession — or depression — prac
tically vanish for the time being.
HOW DO SHOPPERS FEEL NOW?
This seems like a good time to take a look
at the latest estimates of consumer buying inten
tions, recently released. Over the next twelve
months, more people intend to buy new auto
mobiles than planned to in the previous year. In
fact, the Census Department says that 8.4% of
households reporting to it plan to purchase a new
car. That is the highest level for this tlm» of the
year in the history of this statisical series.
I find his situation optimistic because a great
many people are more inclined to pick up a
ed to encourage proper use of pesticides, second-hand auto than a new car unless the
Manufacturers and other interested parties ^ uture looks relatively serene and prosperous,
are doing just that. But to indiscriminate-
Stories
Behind
Words
by
William S. Penfield
Salary
Salt is taken for granted, because it is plentiful
and inexpensive.
Such was not always the case. Centuries ago, salt
was scarce and precious. It was so much in demand
that it was transported great distances to markets,
making it one of the most important commodities of
ancient commerce.
, In the days of the Roman Empire, soldiers were
given an allowance with which to buy salt.
Since the Latin word for salt is “sal,” this payment
came to be called “salarium,” meaning salt money. Sal-
arium developed into “salaire” in Old French, “salarie”
in Anglo-French, and finally emerged as “salary” in
English.
Highlights
From Clinton High
By DISHIE DELANY
ly demand the abandonment of chemicals
which are of the utmost value in modern
farming is to demand that we throw out
the baby with the bath water.
The Short End —^
The Seattle, Washington, Post-Intelli
gencer eitorializes on a truism that
But, right now intentions to purchase used cars
show practically no change from a year ago.
The emphasis is on new cars—a good sign for
business generally in the months ahead.
HOUSEHOLD GOODS BUYING INTENTIONS
The picture in household goods may not be
quite so rosy as that in automobiles, but it reflects
a trend in the same optimistic direcion. Con
sumers intend to buy somewhat more household
equipment over the next six months than was the
case for the same period a year ago. Many
families also expact incomes will be higher.
This is comforting, inasmuch as figures show that
people have stepped up their buying during the
more public understanding on the part of past year faster than they have been ipereas-
the man in the street than it enjoys: ‘The ing their disposable income.
Naturally, the main interest of
most CHS’ers this time if the
year is football. Despite the fact
that our own Red Devils haven’t
yet tasted victory, CHS spirit is
still high and the Devils’ suppor
ters are many and loyal!
Last Friday the Devils upt up
a good fight against Chester, one
of our toughest opponents ; tom-
morrow we face our old rival,
North Augusta, and only with
our continued loyal support will
the Red Devils have the* vital
incenitive to win. So do come out
tomorrow and help cheer the Dev
ils on to victory!
During half-time at Friday’s
game, the CHS band joined forces
with fifty FHA girls and mem
bers of the junior high band to
present a salute to the “Fifty,
nifty United States.’’ Forming an
outline of the United States, the
band played pariotic melodies
saluting our nation as a whole
and various of its states while
the FHA girls and junior high
band members ran onto the field,
each carrying the flag of a state.
FRESHMEN ELECTIONS
The Freshman Class has been
kept busy this week nominating
students for class offices and cir
culating petitions for Student
Council representatives.
The Freshman Class elections
will be held Monday with the en
tire class voting for Freshman
Class President, Vice-president,
Secretary, and Treasurer, and
the members of each home room
voting for a representative to the
Student Council.
GLEE CLUB
Recently the Clinton High
School Chorus, under the direc
tion of Mrs. Hazel Gilfillin, elec
ted its officers for the year. They
are as follows: president, Mari
lyn Sease; vice-president, Cyn
thia Widmer; secretary, Shiela
Gilliam; and librarian, Earl Tur
ner.
The chorus has also elected an
entertainment committee which
includes: Colie Graham, Gayle
Bedenbaugh, Johnny Fulmar,
and Teri Huatsinfer.
The chorus has made plans for
several programs which will be
presented at various times
throughout the year, and the
group is already working oa a
Christmas cantata, to bs pre
sented during the Christmas sea
son.
PUBLICATIONS
This week has been a busy one
for both CHS publications also.
The Clintanian staff has been
diligently working on club write
ups and has begun elections of
Senior Superlatives.
The Sentinel staff has been
working to meet deadlines, since
the second issue will be out Tu^»-
day.
Looking ahead, one finds that
the Transportation Club is hav
ing a hay ride this Saturday,
and the Student Council is meet
ing this Monday.
Mrs. Colwell
Laurens — Mrs. Carrie Ander
son Colwell, 87, of Rt. 2, Lau
rens, died early Sunday morning
in a local hospital after several
years of declining health.
A native of Madison County,
N.C., she was the daughter of
the late Nat and Vinnie Lunsford
Adnerson. She was a member of
the Baptist faith.
Surviving are three sons, Car
ter Colwell of Laurens, Rickmon
Colwell of Lewisburg, W. Va.,
and Bob Colwell of Hutchinson,
OFFICE SUPPLIES
CHRONICLE PUB. CO.
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THE AMERICAN VA T
r
After a "tax cut" — the shadow remains
W. Va., two daughters, Mrs.
Lillie Cummings of Chapmans-
ville, W. Va., and Mrs. Arville
Cooley of Laurens; 18 grand
children; 25 great-grandchildren;
and four great-great-grandchil
dren.
Funeral services were conduct
ed at Kennedy Morturay at 3
p.m. Monday by Rev. R. D.
Parker. Burial was in City View
Cemetery.
Carry The Ball!
I
The man who carries the ball to a touchdown
gets a lot of help from the other ten members of
the team. Teamwork is equally important in fi
nancial matters. We, at this bank, would like to
join your “team” and help you in every practical
way to achieve your financial goals. Why not
come in and talk it over?
•
FULL-SERVICE BANKING
Savings — Checking — Business Loans — Auto Loans
Personal, Farm & Home Loans — Financial Counsel
BANK OF CLINTON
3% Interest Paid On Savings Accounts Semi-Annually
Member Federal Deposit Insurance Corporation
basic difficulty, inherent in any socialized
welfare service, is that once the system
takes root, the adminstrative overhead be
comes so extensive and expensive that the
public necessarily gets the short end of the
stick.”
It uses, the Social Security System as
an example. It was established in 1937 on
the theory that it would provide benefits
superior to those available under private
plans. See what has happened: ”... con
sider the case of a worker'today who at 21
begins paying his Social Security taxes. By
the time he is 65, he will have contributed^
between his own and his employers’ pay
ments, over |18,000.
“If that same money were banked at
414 per cent compounded quarterly, he
would accumulate about |60,000 at retire
ment age. This money continued at 4^4
per cent would bring in an income of about
Of course, I realize that a sudden interna
tional or financial debacle could make the public
pull its horns in very quickly. However, even
such an occurrence could not for very long pre
vent a fundamentally secure-feeling populace
from extending its buying again. As an example:
Even the threat of war with Russia over her
Cuba-planted missiles did not keep people’s
purse strings closed for any great length of time.
EMPLOYMENT WILL REMAIN HIGH
Even though unemployment is giving the Ad
ministration a headache, employment totals are
climbing steadily, carrying incomes up with
them. Except in relatively few centers of real
work scarcity, people expect to hold their jobs
indefinitely, to add to their family incomes from
time to time, and to be able to afford more luxur
ies. Better homes, second (and even third) cars
per household, brand-new labor-saving devices,
are all popular expectations for many households
today. Fundamentally, business is good; money
and credit are plentiful; Russia does not want
war; 1964 is an election year, which is always
favorable for business. Given co-operation by
the weather, it all adds up to good production and
trade in the months to come.
CLINTON, S. C., THURSDAY, OCTOBER 3, IMS
£ljp GtlUitmt (Etirnnirlr
July 4, 18M — WILLIAM WILSON HAREM — Jane 13, ItM
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