The Clinton chronicle. (Clinton, S.C.) 1901-current, May 07, 1964, Image 17
CUnton, S. Thursday, May 7, 1964
THE CLINTON CHRONICLE
IT
THE AMERICAN WAY
By SPECTATOR ...
COMMENTS
ON
function! weje common centur
ies before the coinage of mon
ey. (The word shekels, refers
not to coins but to a given
weight of silver. Shekels as
coins did not exist until the
seventh century B. C.).
The age of the financial busi
ness is revealed in the origin
of its language. For example,
a teller is not a person who
A Sen«iL’ ' f'
Better Homes and Gardens
SEWING
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CHRONICLE
STATIONERY STORE
—DRESSES
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—DUSTERS
—PAJAMAS
—GOWNS
—GLOVES
—HOSE
—BLOUSES
—HAND BAGS
—PLAY CLOTHES
—HAIR DRYERS
—MIXERS
—CORNING WARE SETS
—ELECTRIC FRY PANS
—PERCOLATORS
—RADIOS
—PORTABLE TV’s
—EASY CHAIRS
—WATCHES ^ —RINGS
—COSTUME JEWELRY
LYDIA MILLS STORE
MEN AND THINGS
rrfrfrrrrrrrrrrrr------
A respected member of the ials: they are State officials, but thln „, Rath .
South Carolina House of Repre- they usually dictate to County * principally occupied
senmu.es did me the honor to officials and are really a super- ^ c^nuU. « tSTSS.
write a good letter expressing government. The grip that a leg- ceDturiM when ^ A1(> .
his dissent from some remarks islator has over his coumy i, Saxon wopd ^ me<mt ^
of mine. I think he reads my in pyt. based on the socaUed
Spectator as an earnest stuthmt. County Supply B.ll the County k l>bl ^ 0 ld High
agreeing with me sometlmmt Budget, which Is prepared m Co- ^ K ^ old Nors< ,
disagreeing at other times. I ap- lumbia and which passes th e Danish taelle
preclat«l a candid criUc be- trough House and Senate and ^ same m< ,
cause if he is not right I have bears the Go '' c ™» r ’ *'* na h t “£ The first money that a teller
the opportunity to offer an ex- though the people back home t d minted in the an-
planation; if he Is right he have °‘ cient Temple of Juno at Rome,
may convmce me and be of see- the details until they call on the popularly known as
vice to me. County Treasurer to pay taxes a ^ has g . ven
I suggested, as 1 recall, tna Hic/v.icBino us the two words, money and
we have too many agencies a ^ mAtters^ That In an agrarian society, a
work in our effort to appropriate County ®^ te " ia “ e " . T ^ man’s wealth was measured by
money. My friend, I think, dis- ' . . . the number of cattle he owned.
sents about that. As you know, o nmP nnunties thp ° r word > pecuniary, is derived
the State Budget Commission, things. In some counties the ^ ^ ^ ^ pecus
now called by another Jiame, in- County .^Supply, ijipri for T n ® r a n s cattle. And the
vites all Stete agencies to submit cret I m told, it is not filed for
a proposed budget. The State Pub c information nor is it a J rd meaning head The
Commission, composed of the available, many tell me. capital of a pastoral people
Governor, two officials of the go there we are. Our lack of was measured by ^ numb er
General Assembly, and others, information is amazing. Now . . . f ...
threshes out all the proposals an d then I read of some Com- sessed .. y P
and makes a recommendation to mission in Washington making a ’"’**• *
the General Assembly. All that g ran t of hundreds of thousands rve cited and quoted Ray .
is Point 1. A week or so before of dollars to some local public mond Moley f ntly: he
the General Assembly meets the service. I wonder if we might wfls the idi intellect of the
Ways and Means Committee of ask our Congressman for a list Franklin Rooseve it regime in
the House meets for special 0 f government agencies which the d in ^
study of the proposed budget, have discretionary power to Wft / h i netnn
All is threshed out again, with make grants. What say you? ^
or without changes. The Ways * * *
and Means Committee adopts a Just talking at random about nolicies nrocrams
proposed budget and submits it the Constitution have we thought f . P . P
to the House. The House debates ot Section 30 of Article 3, which a “ d prete " s,ons of Govern -
it and acts independently, then says: "The General Assembly
sends the budget as daopted by shall never grant extra compen-
the House to the Senate. sation, fee, or allowance to any
The Senate refers the proposed public officer, agent, servant or
bill to its Finance Committee contractor after service render-
which holds the bill in cold stor- ed . . .’ ’
age for some weeks and then it * • *
submits the bill, as modified by Browsing around, "M using , au w.i u .
that Senate Committee, to the there alone, I dreamed that Since ao " iuch . ° f tiie published
Senate. Then the whole Senate Greece might still (or yet) be news de f} s . con ^ ic ^ 8 ’ the
acts upon it. there, I was musing there won- quiet ^Wch has prevailed in
I think the point my friend dering if our Constitution .might f ace rela tions in South Carolina
makes is that unless the mem- still (or yet) be in effect, I found has sc ^ rce y been the
bers of the House and Senate this: “The provisions of the Con- past th ree years. Without sur-
have the right and privilege to stitution shall be taken, deemed r ® nderin g the basic principle
amend the bill as approved by and construed to be mandatory, °I 8tate sovereignty expounded
the Committees and Budget etc.” ma “ y a 8° by ita I ^ os 1 t
Commission the members are Just think of that!! Wouldn’t it distinguished son, John C. Cal-
denied the opportunity to exer- be a good idea to require Presi- boun - Soutii Carolina has re-
cise their rights and privilege as dents, Senators and Representa- maine d reasonable and pro-
members. I do not deny or tives in Congress to read the 8 res si ve -
challenge that: it would be a Constitution? This condition has not been
government by selected groups All officials of Counties, Cities accidental. It has been man-
(Committees) if the members and of the State swear solemnly rna de. During the past three
were denied the right to act ac- to “preserve”, protect and de- decades South Carolina has
cording to their judgment by fend the Constitution of this sent no demagogues to Con-
proposing amendments. He is State.” So what? gress and no demagogue has
right; we do not want a govern- * * occupied the governor’s office,
ment by the few; every member Shall we talk about money? The sociologists’ attribution of
has an obligation to act accord- We talk about money all the poverty as the major cause of
ing to his judgment in voting, or time, don’t we? We don’t know social unrest cannot be relied
proposing amendments. much about it and it doesn’t upon because South Carolina,
As to my frequent remark that stay with us long enough to en- to average income, is one of
the Budget Commission is an or- able us to become intimate, you tite least opulent of the states,
ganization in express violation might say. Nor is the relative freedom
of the Constitution I cite and Still, here is something about from incidents due to lack of
quote the Constitution: Section money, going back to those days threats by pro-integration or-
14 of Article 1: “In the govern- when we almost regretted that ganizations. While they have
ment of this State the legisla- the Latin books were not burned, made threats, they have real-
live, executive and judicial pow- buried and forgotten along with toed that there would be very
ers of the Government shall be Caesar, Cicero and all those limited response to their efforts
forever separate and distinct worthies who once made the old to kindle passions and create
from each other, and no person City on the Tyber the invincble disorderly demonstrations
or persons exercising the func- capital of the world. among South Carolina’s no
tions of one of said departments “Four thousand years ago, groes.
shall assume or discharge the the earliest known record of a * * *
duties of any other.” loan was made, inscribed, and Izaa kWalton left some obser-
I need not dwell on that, how- baked into a clay tablet of vations of his wisdom:
ever, for we can find other in- Babylon. The borrowing and “But, my worthy friend, as I
fractions, as Article 4, Section lending of money, and the safe- would rather prove myself a
17, as to the Governor: “He guarding of valuables, have gentleman by being learned
shall commission all officers of been taking place almost since and humble, valiant and inof-
the State.” That was based on the dawn of civilization. These fensive, virtuous and communi-
the Constitution of the United
States and vests in the Governor
the days in Albany and then
shington.
Mr. Moley is a man of ripe
scholarship with practical
>f the polic
pretensions
ment.
I quote him:
New Orleans—Without offer
ing any invidious comparisons
among the Southern states
which I have visited on this
trip, a special word should be
said about South Carolina.
Free Gift Wrapping
Dial 833-0631
cable, than by any fond osten
tation of riches; or, wanting
those virtues myself, boast
that these were in my ances
tors (and yet I grant that
where a noble and ancient
descent and such merit meet
in any man, it is a double dig-
nification of that person) . . .
And for that, I shall tell you
that in ancient times a debate
hath arisen, and it remains yet
unresolved: whether the happi
ness of man in this world doth
consist more in contemplation
or action?”
Cross Hill News
MRS. HAROLD AUSTIN.
Correspondent
Mr. and Mrs. J. H. Rogers
of Columbia, were Sunday
guests of Mr. and Mrs. J. T.
Hollingsworth.
Mr. and Mrs. G. F. Williams
spent the past week-end with
relatives in Florence.
Mr. and Mrs. H. K. Boyce,
Jr., and children and Miss
Pearl Thomas of Whitmire,
"spent Sunday with Mr:—and
Mrs. H. K. Boyce.
Mr. and Mrs. J. H. Wharton
and Mrs. Lucy Neil of Laurens,
visited Mr. and Mrs. J. H.
Shealy Sunday.
Jake Rasor, Jr., of Turbe-
ville, spent the past week-end
with his parents.
Mrs. Nannie Thompson is se
riously ill at her home.
Mrs. John T. Stokes had as
guests this week-end Dr. Henry
Horton and family of Aiken,
and Mr. and Mrs. Henry Hor
ton of Pendleton.
Mr. and Mrs. E. R. Austin
and son, Ernie, Mrs. Fred
Coleman, Mr. and Mrs. Mack
ey Horton were visitors in
Greenville Saturday.
Mr. and Mrs. Luther Bow
man of Iva, visited Mr. and
Mrs. W. A. Simpson recently.
Mrs. Ralph Haile of Newber
ry, spent a day recently with
her mother and sister, Mrs.
Nannie Thompson and Mrs.
Louise Fowler.
Marshall Wilkie is a patient
at Self Memorial hospital in
Greenwood where he is under
going treatment for a broken
leg.
Rev. and Mrs. David Cromer
and little son of Wake Forest,
N. C., spent the past week-end
with his mother, Mrs. H. P.
Cromer.
FINAL SETTLEMENT
Take notice that on the 8th day
of June, 1964, I will render a
final account of my acts and do
ings as Executor of the estate of
Leroy Blease Hamm in the of
fice of the Judge of Probate of
Laurens County at 3:00 p. m.
and on the same day will apply
for a final discharge from my
trust as Executor.
Any person indebted to said
estate is notified and required
to make payment on or before
that date; and all persons hav
ing claims against said estate
will present them on or before
said date, duly proven, or be for
ever barred.
MORTON WASHINGTON
HAMM,
Executor
May 5, 1964 M7-4C-M28
• f
South
WILL LOU GRAY
(Montgomery)
Tells Story of Laurens County
Native
Founder of Opportunity School
THE CHRONICLE
Stationery Shop
REPORT OF CONDITION OF ‘
Newberry County Bank
of Newberry m the State of Sonth CaroUna at the dose of business
April 15, 1964
ASSETS
Cash, balances with other banks, and cash items
in the process of collection —— $ 626,169.75
United States Government obligations,
direct and guaranteed 1,110,578.96
Obligations of States and political subdivisions 284,010.28
Loans and discounts (including $138.07 overdrafts) — 1,474,462.92
Bank premises owned $41,000.00, furniture
and fixtures $17,000 00 '58,000.00
Other assets 1,337.43
TOTAL ASSETS
LIABILITIES
Demand deposits of individuals, partnerships,
and corporations .
Time and savings deposits of individuals,
partnerships, and corporations . * —
Deposits of United States Government
including postal savings) —
Deposits of States and political subdivisions -
Deposits of banks
Certified and officers’ checks
TOTAL DEPOSITS $3,189,061.88
(a) Total demand deposits $2,544,320.22
(b) Total time and savings deposits $ 644,741.66
Other liabilities -
TOTAL LIABILITIES
$3,554,559.32
$2,293,630.92
539,741.66
77,634.65
246,032.17
22,218.85
9,803.63
20,256.19
$3,209,321.07
CAPITAL ACCOUNTS
Capital: Common Stock, total par value . $ 125,000.00
Surplus - — - 125,000.00
Undivided profits - - 88,820.92
Reserves (and retirement account for preferred
capital) — — 6,417.33
TOTAL CAPITAL ACCOUNTS
$ 345,238.25
’ TOTAL LIABILITIES AND CAPITAL ACCOUNTS $3,554,550.32
MEMORANDA
Assets pledged or assigned to secure liabilities and for
other purposes (including notes and bills rediscounted
and securities sold with agreement to repurchase) _ $ 606,945.00
Loans as shown above are after deduction of valuation
reserves of 28,380.56
I, Joe M. Roberts, Executive Vice-President and Cashier, of the
above-named bank, do solemnly affirm that this report of condition
is true and correct, to the best of my knowledge and belief.
JOE M. ROBERTS
Correct—Attest: A. M. Murray, J. N. Beard, W. C. Huffman,
A. J. Bowers, Directors.
State of South Carolina, County of Newberry, ss:
Sworn to and subscribed before me this 25th day of April,
1964, and I hereby certify that I am not an officer or director of
this bank.
GEORGE W. RODELSPERGER, Notary Public
My commission expires at the pleasure of the Governor.
all appointments.
I need not insist on declaring
that legislators are State offic-
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