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THE CUNTON CHRONICLE New Ban Building Now Going Up The ennouiicement that M. S. Bailey & Son, Bankers, w'll erect a new building for their business on N. Broad Street will be received with much pleasure by residents of the community. The handsome two story and basement structure will be a valuable asset to the business section of the city. Robert M. Vance, president of the bank, stated that the new building is necessitated by the expand'ng business and services of fered by the institution. „ The present mod ern building on W. • Pitts St., occupied in 1966, will continue to be used by the bank for drive-in sendee and other business in terests. Construction of the new budding is now underway, the contractors having begun their work early last week. As the build ing rises it will be an indication of the expanding business life of the community. To Aid in Getting Property on T«x Book* A bill introduced in the legislature last week by Senator William C. Dobbins amend ing a bill that requires permits for building new tructures in the county is a step in the right direction. First of all, the provisions of the orig inal law are largely ignored, and, as a consequence, some of the new buildings es cape taxation by not getting on the books. Under the amended bill, electrical con nections made to new buildings will be re ported to the county auditor, who will see that they are listed on the tax books. This simple procedure, if carried out, will materially aid in correcting a situation that has been troublesome in past years. It is unfair for some property owners to pay taxes while others escape. And if the new law will get additional property on the tax books, we are all for it. THE AMERICAN VAT Future Farmer* Of America Week Future Fanners of America Week is be ing observed this week, February 20-27. And this is one of those annual events that is fully worthy of the attention and inter est of us all. The stated purpose is “Public recogni tion of the Future Fanners of America or ganization developing better agriculture and rural citizenship. ” The young people who participate are brought close to the profound values that are a part of nature. They have a healthy and dedicated interest in crops, in farm animals, and in the ever- changing techniques which give our agri culture its vast efficiency and productivity and help make us the beet fed people in the world. The city dweller is totally depend ent on the farmer for the means of life it self. Beyond this, the nation faces a critical problem of juvenile delinquency. Various cures are offered, based on the home, schools and churches. In addition, those groups which work with youth, in all man ner of fields, can do an essential job in building character, honor and responsibility. The Future Farmers organization is one of tiie best of than. Wise Statement Of Policy The Administration’s bill for aiding the depressed Appalachian region contains a significant statement of policy which should be widely known. The section reads: “Nothing in this act shall authorize any as sistance ... to finance the cost of facili- ties for the generation, transmission, or dis tribution of electric enegry; or . . . gas (natural, manufactured, or mixed).’* In other words, this measure is not to be used to advance the cause of sociahza- zation of the electric and gas industries. Everyone, no matter what they may think «f the war on poverty plan—of which the Appalachian measure is an important part —should welcome that safeguard. What ever new or expanded utility facilities are needed in Appalachia or anywhere else can and will be provided in the regular way of business by heavily-taxed, investmetor-own- ed enterprises. There could not be the slightest excuse for diverting funds to cre ate tax-exempt government-owned systems. No Greater Duty Numbers of members of Congress, con fronted with a $100 billion budget! are wor rying about where the money is to come from. They also could profitably wary about what the money will be worth. There is more and more talk about possible new waves of inflation. If this happens, the lower income families, who are sepposed to be helped by new and expand ed federal programs, will be fiardest hit '''The government can have no greater duty than to protect what is left of the dollar's value. AH programs, all appro priations, should be considered with that end always in view. Babson’s Point of View On: Being Prepared For Business Reverses By BOGEB BABSON Babson Park, Mass., Feb. 25—It is often im possible to convince young husbands and wives that it is during periods of prosperity like the present that plans must be made for possible unexpected reverses. Business has never kept on going up indefinitely without recessions or other corrective adjustments, and chances are that it never will The fundamental law of eco nomic Action and Reaction is easier to forget than to repeal. OVERBUYING IS EASY IN BOOM TIMES Neariy everybody wants a new car, a color TV set, appUances, luxuries, exotic vacations, and a modern up-to-date home. It is only natural for the young and the optimistic to want the highest possible standard of living, for them selves, and for their children. But it seems to be going out of fashion for people to check on just how much the family pocketbook can stand. How many of today’s workers, for instance, set aside part of their weekly pay check to place in some form of liquid savings before they buy desirable but not essential things? During a boom it is easy for a young family man to get trapped. And at present, he is further lured by the promises of the Great Society, and he is also a product of the “unending” prosperity that has come out of World War II. Like many others, he is enticed into overloading, by news paper, magazine, radio, and TV ads. With more money to spend than he has ever had before, he is easily tempted to get in over his head. Where as families twenty years ago were spending only 45% of their incomes for the essentials of living, a substantial majority of family income today is used up in fixed charges such as food, rent, and installment debt. WHEN SETBACKS COME This may be all right as long as a boom is in progress. But let a downturn set in and luring about layoffs, and the burden of installment commitments carried by many people could mean economic catastrophe for them. There . will always be important cycles of over expan sion and depression because the inevitable quirks of human judgment will see to that. Only if you increase your financial reserves during an “up” period can you hope to ride through a “down” period without being dons in. Inflation talk is everywhere at the present time, so family heads are especially ready to take on new expenses if only to avoid the higher prices for goods that they expect a little later on. It must be kept in mind, however, that inflation is always followed by a blow-up. So if we should have an inflationary explosion, you can count on it to be followed by deflation. And deflation means business troubles, more unemployment, lower incomes. If a man has.no reserves, a layoff could leave him with unpayable commit ments for mortgage, interest, real estate tax, car, furniture, appliances. If, in addition, he owes for store purchases and utilities, no unem ployment insurance is gfl*wg to scratch the sur face of his needs. THBIFT STILL A VALUABLE VIRTUE Prosperity is a time for putting funds aside In savings accounts, with an idea perhaps of care fully investing the money later on. Money in the bank is one af the best types of insurance against unemployment emergencies — which are almost always unforeseeable. It is, of course, a delight to have all the finest things that yon Mid your family may want. They bring happiness and satisfaction. But not If your financial pianatng has been had the the bill coUectors and repos session agents beat an unpleasant path to year door. ' Time teaches that it takes even more intelli gence, will power, and cearage to plan for to morrow than it does to tabs care of today’* obvious oMigations. Thrift is still one of the cardinal virtues, even thou# the bay-now pay- later system that is so prevaknt In encourages careless spend tudes. If a recession strikes, many who ignore thrift win be •wwig the sadder bat wiser who win have Issrned this fins J. T. P. MacDonald Ora — John Tyler Perineau MacDonald, 72,* diad early Thurs day morning at Ms home follow ing several years of declining health. A native of the Ora communi ty of Laurens County, son of the tide Robert Tyler and Ora ter MacDonald, he was a re tired certified public accountant. For a number of years he was seerstary of the CttaUm, a. C, ThRTOdgy, February 25, 1965 ty Chamber of Commerce. He ducted Saturday at 11 RM*. *t was a veteran of World War I U* Kennedy Mortuary by Rav. J. H. Martin and Bev. Guy Smith. Burial was in Old Fields Presbyterian Church Memetwy. and a member of the Laurens First Presbyterian Church. Surviving are his wife, Mrs. Marie Bain MacDonald; one son, John T, P. MhcDonald Jr., of Los Angeles, Calif. ;..0U« broth e, Alfred MacDonald of Ailan- at, Ga.; two sisters, Mrs. J. K. Muse and Mrs. L. S. Hollings worth of Decatur, Ga.; and four grandchildren. Funeral services were coo- t Patronize <r The Chronicle Advertiser* WATCH BANDS Values To 7.95 Special ... $2.88 BILLFOLDS Entire Stock—Values To 12.50 Now $2.88 Stories Behind Words by William S. Penfield . . ■< Dog Days The Romans noticed that the period from about the first of July to the middle of August was the hot test of the year. Astronomers had noticed that Sirius, the brightest star in the sky, rose with the sun at the beginning of this period. It was reasoned that the bright star added its heat to that of the sun, accounting for the extreme heat Since Sirius was known as the ‘‘dog star,** the Romans called the period “caniculares dies”—dog days. Even though we know that Sirius does not intensify the heat of the sun, we still call the period “dog days.” Highlights From Clinton High By CAROL SANDERS CLINTON, 8. C., THURSDAY, FEBRUARY 88, IMS The lenion at Clinton High School art beginning to show, their excitement over the elev en days left till Washington. Every senior classroom has a special corner reserved to mark off the days as they pass. In addition to looking forward to the Washington trip, the seniors also hope to get their rings this week, or at least be fore they leave. Seniors also took the spotlight this week as Mrs. Jack Simp son and Miss June Adair an nounced the members of the senior play cast. The play is entitled “Finders Creepers,** by Donald Payton, and the cast members are as follows: George Grant, Jim Adair, Dianne Led ford, Jane Johnson, And! Stroud, Carol Sanders, Jimmy Ray, Linda Tiller, Joe Adams, Wayne Barnes, Rena Cox, Ed die Shealy, Kay Hatton, and Terry Lewis,. . V>, The play, h mystery comedy in three acts, is scheduled for April 19. Beverly Poole, Judi Davis, and Diane Asbill are in charge of publicity. Linda White is student director for the play, and she win also serve as prompter, Bill Quarles is in charge of properties and sound effects. • • • The Chem-Bi-Phi finished up its Career Forum in chapel Fri day. Thursday’s speaker. Dr. Alex Stump, of Presbyterian College, spoke on opportunities Rev. N. H Cook Laurens — Funeral services for Rev. Nichols Ray Cook, 81, pastor of Sharon Pentecostal Ho liness Church, who died Wednes day, Feb. 17, were conducted Friday at 8 p.m. at the Pente costal Holiness Church by Rev. J. C. Sorrow, Rev. J. W. Spain and. Rev. F. H. Gossett til open to capable persons in the field, of biology, e#er in prac tical or teaching jobs. On Fri day, Mr. Everett Luitala, pro fessor of industrial engineering at Clemson University, outlined the benefits of a career in this field. • • » Yesterday the members of the Science Club spent the morning touring the Chem- strand nylon plant at Green wood. This guided tour was worth missing a few classes. Free Offer! Coma In And Register For A 70-Piece Stainless Steel Set — Reg. Price 3005 Winner Will Be Drawn March 1. At 5:00 P.M. PLATED BABY CUPS Only 49c BABY SPOONS STEELING SILVER Only $2.49 Expert Watch Repairs — Free Estimates TRDFARI JEWELRY V? price Shipment Received Since Christmas STAINLESS STEEL COOKING WARE *-PIECE SET — WAS 3».9S Now $28.88 Plenty Free Parking Directly Across From Our Store Phone 833-2101 101 Main St. ! (Elurtmt Gtynmirlr July 4, 1889 — WILLIAM WILSON HARRIS’-- June 12,19M PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Bata (Payable in Advance) One Year 9100 ; Six Months oaths $L90 Year IS.00 Second Class Postage Paid at Clinton, 8. C. POSTMASTER: Send Form 8879 to CUatou Chronicle, 8. C. they are not a defaaMtory nature. Anonymous is not responsible for the views or opinions of Jts readers — the pubUsher will at Chronicle publish letters of ‘ ~mMwm A native of he was a son of the late Geerge and Bessie Taylor Coek end was an employs of Laurens Mill and a marnber of the f-w—— pmw tecoetel Holiness Church. ' Surviving are hie wife, Mrs. Ruby Brown Cook; one son, N. Bay Cook Jr., of Goldsboro, N. C.; two daughters, Mrs. Lewis Cox of NiceviHe, Fla., and Mrs. Chavous of Laurens; four hr-**-* sro, Dewitt, Henry, Richard Bmlolpl* Cook of Laurens; I tisfors, Mrs. John Harris and Mrs. Edwin Lyons of Laurens ■Bd Mrs. Henry Reams of Slmpsonvflle; and olfM children. IP YOU DON'T BRAD YOU DON’T GET THE NEWS STARTS WEDNESDAY FEBRUARY 24 SATURDAY, PER 27 The Rounders Color The Wildest Guys mad Gels In The Whole WUd West Glenn Ford, Henry Fonda Sue Anne Langdon Shown 3, 5, 7, 9 Sat. Start 1:00 P.M. MON.-TUES, MARCH 1-2 Snows s, a, #, B P, M. 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