The Clinton chronicle. (Clinton, S.C.) 1901-current, June 25, 1964, Image 2
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THE CLINTON CHRONICLE
Clin ton, S. C, Thursday, June 25. 1964
Summer Safety
Summer began Sunday and brings
with it special hazards. The pleasures of
water sports will be enjoyed by many mil
lions of people and they will carry with
them special dangers.
Swimming is still the chief problem and
basic rules of safety should be observed
always—never swim alone, after eating or
when overly tired; don’t overestimate your
ability and swim at protected pools or
beaches, preferably under the supervision
of someone trained in life-saving tech-
niqus; never dive into unknown waters
and if a boat overturns, stay with it and
don’t try to swim a long distance to shore.
But now water safety is more complex.
Skin diving, water skiing and surf-board
ing are specialized sports requiring par
ticular care and knowledge.
This summer a greater variety of water
sports are available than ever before—let’s
make them safer, too.
Paper
Businessmen today are probably more
concerned with a paperwork explosion than
the dropping of a bomb.
There is a very good reason for this
seemingly strange type of fear. The
amount of paperwork demanded of busi
ness and industrial companies by the fed
eral government has grown to such mon
strous proportions that it has added heav
ily, and unfairly, to the cost of their ope
rations.
A particular case—but by no means an
isolated one—was cited by Rep. Arnold
Olsen (D.-Mont.), chairman of the House
Subcommittee on Census and Government
Statistics to show how unbelievably oner
ous is the paper work imposed by govern
mental decree.
In a single year, Rep. Olsen said, a mid
west manufacturing concern was compelled
to handle ITS different federal forms
which involved the filing of 37,683 reports.
Some had to be submitted daily, others
weekly, monthly and annually. The work
load amounted to 48,286 man hours, a very
costly procedure in view of the fact that
this work was completely non-productive
as far as sales were concerned.
Two other examples are also note
worthy. A mail-order company reported
it was required to fill out and file more
than 600,000 forms and reports with as
sorted governmental agencies and a sav
ings and loan society said that its 600-
member associations had to file a grand
total of 5,300,000 forms in one year.
If this onslaught of compulsory gov
ernmental paper work is allowed to go un
checked the time could come when busi
nessmen will be so occupied with filing re
ports that they won’t have time to do any
M Moie, Mene,
Tekd, Upharsin”
Why so much fuss over the Democratic
primary votes cast for Alabama’s Governor
George Wallace in Wisconsin, Indiana and
Maryknd?
The stark significance of the Wallace
performance is curling the hair of Demo
cratic political analysts who now realize
that it may well foreshadow the defeat of
their party in November!
The Wallace vote—34 percent in Wis
consin, 30 percent in Indiana, 43 percent
in Maryland—represents the violent reac
tion of America’s ethnic groups, particu
larly Polish, Italian, Czech and Slovak,
against the “Civil Rights’’ bill as a threat
to their jobs and to the character of their
typically close-knit, even clannish, neigh
borhoods.
The evidence is clear for all to read. In
Wisconson’s Fourth and Fifth Districts,
which comprise the industrial city of Mil
waukee with 300,000 ethnic group citizens,
Democrats polled 68 percent of the votes
hi 1962. But in the recent primary, Gov
ernor Reynolds (as President' Johnson’s
stand-in) was whittled down to 57 percent
In Indiana in 1960, it was the whopping
Democratic majority rolled up in the pre
dominantly Polish First District (including
tho Gary steel mills) that cinched the nar
row state-wide victory for Governor Welsh.
In the 1964 pirmary, standing against the
man from Alabama and the civil rights is
sue, Governor Welsh failed to cany a
single white precinct in the very district
that had made him governor.
And in Maryland also, ethnic group
areas turned their backs on the Adminis
tration, leaving the task of face-saving to
Baltimore’s Negroes and Government pay-
rollers living in the Capital suburb of
Montgomery County.
These ethnic groups—these foreign-
born citizens and their children who con
stitute 19 percent of our total population,
and with significant numbers in 26 states
—have been solidly Democraitc since 1932.
Without their votes, the Democrats would
have lost in 1960. Without them in 1964,
the Democrats are courting defeat.
The Wallace vote can only be construed
as a civil rights protest As such, it is the
handwriting on the Democratic wall.
“Mene, mene, tekd, upharsin.” It trans
lates: “Numbered, numbered, weighed and
divided.” /
Babaon Discusses:
If Inflation Come*
Baboon Park, Mass., June 25—Most readers of
this column are aware that since the panic-like
stock market decline in the spring of 1982, the
Dow-Jones Industrial Average has been march
ing upward, with only short halts, to succes
sively new record highs.
business backbones
THE STOCK MARKET
The rapid shrinkage in stock values in the
dark days of 1962 undoubtedly had its beginning
in distrust of the politico-business outlook. Then,
as paper profits began to vanish, selling pres
sure rose to a crescendo, with investors hurrying
to preserve what profits they had left, or to limit
their losses. The market did regain its com
posure when investors realized that a business
decline of the proportions indicated was not im
minent. By that time, too, the “water” had been
pretty well wrung out of the glamour and specu
lative stocks.
Thus it has been the sustained well-being of
general business, powerfully assisted by con
sumer spending and residential building, which
not only righted the stock market but launched
it on a two-year advance, virtually uninterrupted,
during which time the Dow-Jones Industrial Av
erage rose from a low of 536 to a high of 830.
ABE INFLATION PEAKS JUSTIFIED?
As I view the market now, many of the blue-
chip stocks which have largely accounted for
the two-year market advance seem fully priced,
and real bargains are harder to find. This is un
derstandable, since the Dow-Jones Industrial Av
erage’s climb of nearly 300 points outdistanced
the gains of industrial activity and business prof
its in the same period of time. Business and
profits may rise further over the near term, to
be sure, but such additional gains are probably
pretty well discounted. Hence we must look to
another element to propel the stock market on
upward. This may well be speculative enthusi
asm stemming from fears of Inflation. It has
been said that a whiff of inflation psychology
can stir investor buying impatience.
Those who feel we are in for more inflation
have many arguments in their favor. Since the
last business recession, U. S. monetary authori
ties have been pursuing a policy of keeping
money and credit plentiful. To the extent this
has exceeded the legitimate credit needs of busi
ness, the surplus represents an Inflationary po
tential. In addition, consumers have been ex
panding their borrowings, both for Installment
purchases of durable goods and for now home
mortgages. Such borrowings are inflationary to
the extent that purchasing power is boosted
above the levels of earned incomes. Tbs deficit
operations of federal, state, and municipal gov
ernments are also inflationary; and we must not
forget the steady inflation of labor costs.
On the other hand. President Johnson’s econo
my drive in government spending is n attempt
to prevent inflation from getting out of hand. The
most effective barriers against inflation in recent
years, however, have been the surplus of most
commodities and the excess of productive ca
pacities in many industries.
HEDGING AGAINST INFLATION
The danger of inflation is most acute during
and following wars. Under normal conditions,
deflation is likely to prevail. In today’s “semi-
war” economy and prolonged prosperity, there
fore, the tug-of-war between inflation and defla
tion leaves the situation in doubt. Conceivably,
this stalemate could continue with neither side
gaining a dear advantage, even though ever the
long run rising government spending and the un
reasonable demands of labor suggest further In
flation.
It has been my experience that the best time
to hedge against inflation is when the stock mar
ket and real estate prices are depressed. Hence,
although the current bull market may yet pene
trate higher ground, the “real gravy” is largely
behind us and the risk factor greater from here
on in. It might therefore be better to have pa
tience *nd “hold your fire.” Profitable hedging
against inflation requires careful timing and se
lection. When the prices of stocks and real es
tate are depressed, and when deflation rather
than inflation is the watchword of the day, then
investors should have the courage to acquire in
flation-hedge investments—carefully and selec
tively. I believe more inflation is ahead of us,
but now is the time to hedge against K.
THIS DELUGE SHOULD BE STOPPED
Stories
Behind
Words
hr
William & PenfieM
Carnival
Sometimes a period of mtrrymaktag is staged be
fore embarking on a somewhat long and demanding
task.
Such was the occasion before Lent, the 40 days of
fasting—from Ash Wednesday to Blaster—observed in
the Roman Catholic Church.
People spent the last three days before Lent feast
ing and having a good time. These three days were
called “carnival.” meaning farewell to fkah.” The
word was derived from two Latin words—camis,
meaning “flesh,” and vale, “farewell”
“Carnival” came to denote any exuberant merry
making and then an amusement enterprise with rides,
shows and games of chance.
New* From
The County Agent
Who will feed us? I was with
the Agri-Bustamss Caravan that
visited Indiana, Illinois, and New
York. Purdue University took
charge of our visit in Indiana.
Most of the operations we saw
had to do with beef cattle, hogs,
and poultry.
With man’s ingenuity and his
inventions, he it trying to change
the environment of farm animals
to his complete control. This we
saw with both hogs and poultry.
Ninety thousand laying hens
under such control. Thirty thou
sand to the house. Those three
houses looked like tobacco ware
houses. No windows or outride
light going in whatever.
Each hen is allowed only 3/4
of a square foot. Here we have
2 square feet and sometimes
more.
The egg gathering was auto
matic. After the egg was laid,
it rolled onto a belt and was car
ried to a central point. There
under very clean environment a
lady placed the eggs in crates
and sent them to the packing
house next door.
Yes, everything under control,
temperature, humidity, light,
feed, and water. The waste ma
terial fell into pits below where
it could be removed months la
ter.
I asked the County Agents and
Specialists about this operation.
“We can recommend this type
of thing as sound. We’ve had
enough experience, was the an
swer.
In large cities such as Chica
go, very few people will be in
volved in poultry production to
supply the needs of the entire
city.
It looks as if pork production
is headed in the same direction.
We saw operations where the
pigs never touched the ground.
The pigs were housed in close
confinement and often fed direct
ly on the floor and the waste
matter dropped below where a
channel carried it to a lagoon.
Cattle production in the Mid-
West consists of steers on dry lot
feeding, up to 300 head per farm.
Feeding was automation and
took only a few minutes. We
inquired as to their source of
feeder cattle. Most of them come
in from Tennessee, Kentucky,
and the far West. A few South
ern cattle were on feed. This
should be an area for our cattle
men to explore.
Our greatest potential In cattle
production is the cow and calf
method, and supply feeders to
the corn belt.
We can very well compete with
farmers in the Mid-West if we
can get the corn-down here rea
sonably priced. Our farmers
could do a better job of produc
ing grain here in S. C., so that
we could compete and produce
our own pork and poultry pro
ducts.
H. C. Ladd of Carolina Milling
Co., also made the caravan and
felt that we in South Carolina
have unlimited opportunities In
poultry and livestock production.
I had the pleasure of rooming
with E. H. Taylor of Greer. Mr.
Taylor is a noted peach grower,
cotton and cattle farmer. He is
a member of (he State Market
Commission, served as chair
man of Board of Directors of
State Farm Bureau and was giv
en the Master Farm Award
many years ago.
The Caravan was sponsored by
the Wacbova Bank and Trust Co.
of Charlotte, North Carolina. My
trip was made possible by the a
Palmetto Bank of Laurens for
which I am grateful.
Mountville News
MBS. MAUDE BRYSON
CLINTON, 8. C., THURSDAY, JUNK », 1964
(Bb* Clinton Cbrnntrlr
July 4,1999 — WILLIAM WILSON ■ARRIS -
13, 1966
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AMERICAN
A2C Milton H. Burns Jr, son
of Mrs. Janie C. Burns, who has
been stationed in Italy for sev
eral months, is at home for sev
eral days before going to Myrtle
Beach.
Mr. and Mrs. Paul Coleman
and children of Columbia spent
the weekend with Mr. and Mrs.
Tom Coleman and Mrs. Janie C.
Burns.
Miss Brenda Wilson of Clinton
is visiting this week with Miss
Zana Crisp.
The Jr. G. A.’s of the First
Baptist Church was entertained
with a picnic at the Grange Park
on Saturday following their June
meeting.
Mr. and Mrs. Edd Burns and
daughter of Columbia joined the
family of the late P. W. Burns
at the home of their sister, Mrs.
Roy Miller on Sunday.
Visiting Mr. and Mrs. J. H.
Thomason Jr. during the week
end were Mr. and Mrs. E. L.
Faircloth and family of Laurens,
and Mrs. Balentine and grand
sons of Greenville.
Miss Irene Workman of Clin
ton spent Wednesday afternoon
with her sister Mrs. H. W. Bry
son.
Mrs. Louise R. Bryson of
Asheville, N. C. was at her home
here in Mountville for several
days last week.
Visiting Mr. and Mrs. Wine-
brenner several days last week
was the latter’s niece Mrs. C. D.
Allen and Mr. Allen of Gaines
ville, Ga.
Tommie Watts of Clinton is
visiting his grandparents, Mr.
and Mrs. G. C. Watts.
Mr. and Mrs. Frances Ducker
of Macon, Ga., spent the week
end with Mrs. Ducker’s parents,
Mr. and Mrs. E. E. Carter.
Tom Bryson and children of
Columbia visited Mr. and Mrs.
Dan Turner in Newberry and
Mr. and Mrs. H. W. Bryson dur
ing the weriund.
Mr. and Mrs. Troy Watts lias
as their guests Sunday, Mr. and
Mrs. Frank Bimpaon Jr., and
fomfly of Joanna, and Mr. and
Mrs. James Burgess and moo of
Mr. and Mrs. H. D. Tommie
joined their son W. D. Tommie
and family and other relatives
Sunday at the Greenwood State
Park for dinner.
Miss Lynn Thomason is at Pis-
gah Drive Ranch in Candler, N.
C. for the summer months.
Miss Ruth Stokes spent sev
eral days recently in Asheville,
N. C.
Sheaffer’s Pen
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