The Clinton chronicle. (Clinton, S.C.) 1901-current, February 25, 1965, Image 10
THE CUHTON CffltONICLE
M
-L
CUnton, S. C, TharwU;, Ftbnuuy 25, XW
prescription for a safe trip
SENATOR!
■STRO
URMOND
Reports
PEOPLE
Dollar Difficulties—Part ? thine the U. S. govq
Be Scared — Stay Alive
The purpose of this editorial is to scare the living day
lights oat of yoa; to frighten you to the point that you will
not only drive carefully but rigidly observe every safety
precaution.
Consider these 1964 facts:
• 48,000 persons were killed in traffic accidents, more
than in any previous year, and within 5,000 of all the
American servicemen killed in battle*in .World War I.
o 587 men, women and children kwt their lives in auto
mobile accidents over the Christmas week-end, an all-time
record that brought sorrow and misery to their loved ones
at a time that should be given over to joyfulness.
o Two million persons were injured in automobile mis
haps and the cost of the damage hit $8 billion.
If these stark figures do not have any effect on you, if
they do not make you vow* to adhere to 'every safety meas
ure in the book, then nothing will You know all the things
you are supposed to do to insure a safe trip—whether you
are going a few blocks or a few thousand miles. Things
like driving carefully, observing all traffic rules, keeping
tires in top condition, using seat belts, having brakes and
steering apparatus rgeularly checked., seeing that signal
lights are in order and having functioning windshield
wipers.
One Httie slip from prudent roadway practice and you
■ay be ope of the fatal statistics that other people will read
about—in editorials like this one.
UNITED STATES dollar dif
ficulties have inspired proposals
that we step-up trade with the
U.S.S.R. and the communist bloc
as a solution. Far from offering
a possible solution, this remedy
holds the potential for a eeap
it frees to the dollar.
IN THE FREE WORLD, trade
ie baaed an sceaewk factors—
saads, proffta,
potentials, etc.
Mwtriea, trade
fee advancing
it world daminatien.
for instance,
largely an the
the
far
by the
their foreign trade. In order to
attain a political objective, they
will damp large quantities of a
on Em world market
alow cost.
IN RECENT MONTHS, Soviet
leaders have advocated acquir
ing from the U. 8. manufactur
ing planta, procsoooo, and prod
ucts which they da net have in
to accomplish their atm* ■
tegic objectives.
CURRENTLY, the Soviets are
estimated to import about IS
billion in goods annually, pri
marily from Em bat European
satellites. The “planned” com
munist economies in the U.S.S.R.
and thane bloc countries are
largely integrated, so that many
of the factories in the bloc coun
tries produce almost wholly for
Soviet consamption.
IN ATTEMPTING to trade
with the cowman lots, free world
bustaMosasca deal not with indi
viduals or tompaaioa. but with
the eammuniaff government R-
governments
td themselves to be
bad credit risk*. The
Soviet Union awes the U. S.
billions of dollars far which they
will aet even disease payment.
The chances el a U. 8. business-
ama collect lag a bad debt from
THE SOVIET use of trade
for economic warfare and tta
potential dangers for the O R
la demonstrated by Soviet efferfp
in the field of petroleum,
ently and historically, U.'S.
companies supply the major part
of jpetroleum products for world
markets.
THE SOVIETS have demon
strated an Intention of launch
ing an oil offensive designed la
make Western EurSpe and, H
possible, most of the world, de
pendent on the communists fer
oil. Not only would this give
the communists a vital political
weapon, hut it would substan
tially radneo the large earnings
of U. 8. off companies, and thmre-
by undermine the dollar by
greatly tssrsaslng the outflow
of U. 8. gold.
THE SOVIETS have already
buflt a large eamplai of off
stations and feeder
to the
Wooten
trios. Italy, for osampio. is new
buying apprextaately SB% of
her oil from the communist pips
Hue. Alas the Soviets are using
teriofrirrooarves uStSU
4U East and Libya, and have
I terrorist groups to
sappHes ef U. 8. esas-
P—In Lathi ftmwira
TO ACCOMPLISH the objec
tives of their ofl offensive, how
ever, the Soviets must aequira
modern refining plants and proa*
aaaaa from the U. 8. Significant-
ly, one of the first export Hseneea
grunted by the U. 8. for Ron-
mania eras fpr a complete "ofl
cracking” or refining plant. The
funds received tor even this one
sale may eventually come bad
to haunt the U. S. as the most
expensive profit wi aver made,
paid for many times over hi gold
outflow, softer currency, and
financial crisis.
. TRADE WITH THE SOV-
, IETS, far from being a solution
I to our dollar difflcultite, could
prove the shortest road to finan
cial, and thereby political, ob
livion.
YARBOROUGH STUDIO
and CAMERA SHOP
Corner Mufffrove and Pitta Street*
CAMERAS — FILMS — PHOTO FINISHING
\
7
!
I
'wt*
"W
• Savinga
• Ante Loana
• Travekr’a Ckarkff
1
YOUR ONE-STOP
BANK CENTER
• Letten of Credit
o a o
Bonk with ease at the Bank of Clinton. Many teller*, no long waiting. Transact
businoM quickly and .conveniently. And you'll find every banking Mcrlce arcdl-
or business. Ton can establish your credit easily when all
htarode' |
LookWhat One Edlra
A
V
Will Buy During Our...
CLINTON DOLLAR
SALE!
4
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