The Clinton chronicle. (Clinton, S.C.) 1901-current, February 17, 1966, Image 2

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If j ■ _ fjm . how she i* raising her children, etc. Pre- 1UMIUS lllftt sumably the publishers feel that this sort Build Citizen* of thing sells magazines. Maybe it does. Two relatively new institutions—homes But it also smacks of callous exploitation. 4or boys—have been established in upstate with the widow of the late President being Counties during recent years. They are not used to promote magazine sales, church or state supported, but rely on the Far wor^ are the trashy articles about generosity of interested friends for contri- Jacqueline Kennedy that have become a buttons to carry on the work. stock in trade for some of our lurid jour- Lacking the support of established nals of peephole journalism. These purport agencies, the homes cannot depend upon a to tell their readers details of Mrs. Ken- more or less guaranteed monthly or annual nedy’s past, present and uture. Income. For this reason, their existence is For people in show business and foi somewhat precarious. Until they have had others with something to sell, this sort of THE AMERICAN WAY time to build up a reservoir of regular con tributors, that will continue to be so. And it is to the everlasting credit of those men and women who have taken upon themselves the task of providing for the daily needs and education of the boys in the homes. , Boys Home of the South (formerly named Boys of America Home) near Green ville and Boys Ranch near Newberry are the two agencies that provide a home for boys who have lost one or both parents, are from broken homes, or who simply are not the recipients of the love and care they should have. ' It takes a lot of faith, big hearts, and generous people to prpvide the necessary food, clothing, education and the comforts of home for these boys. These homes are continuing operations —day to day, week to week aad year t» year efforts in supplying the facilities and myriad needs for training these boys into upstanding, worthwhile citizens. Both are commended to the generosity of concerned residents of this area and of the state. notoriety is understandable and it may even be helpful to their careers or their huckstering. But we think that the pur veyors of this kind of pap ought to stick to their usual characters and let Jacqueline Kennedy alone. Let them tell about the af fairs of Frank Sinatra, the goings-on of the Gabor girls, or even give their readers the inside dope on Peter Lawford’s divorce. But keep Mrs. Kennedy out of it. There is no reason why she should .be exploited by those who make a fast buck out of doing so. The Kennedy family has enough influ ence to put an aid to these abuses and we think they ought to use it As a senior Jeannie Is co-edi tor of The Clintonian and secre tary of the National Honor So ciety. She has been a member of the Latin Club, F.H.A., and Student Council. Last year Jeannie was chosen to be a Junior Marshal for graduation exercises. In the summer following her junior year, Jeannie attended Palmetto Qirls’ State at the Uni versity of South Carolina. POLITICAL NOTICE To: All Precinct Presidents, Committeemen and interested Republicans. From: Niles E. Hanna, County Chairman. Subject: Precinct organization and reorganization. . There will be a reorganization- al meeting at the County Court house on Monday ,Feb. 14, 1806 at 8 p.m. At this time I will have the necessary precinct papers for reorganization, and try to answer any questions you may have regarding this. Now also Is the time, If you live in an unor ganized precinct, to organize it. It is imperative that you or someone from your precinct be present at this meeting so that we will be ready to legally reor ganize our precincts on Feb. 36 and our County on March 7. - >- OFFICE SUPPLIES CHRONICLE PUB. 00. Washingtons Birthday BfllMif ...siv m The Old Adage Applies A comparatively short time ago, it was believed that there was a possibility, which some regarded as a probability, that federal taxes would again be reduced. We no long er hear talk of that nature—and for good reason. In a recent column, Joseph Alsop says that the projected federal deficit may ex ceed the record of $12.4 billion reached in 1969. He adds: “And no amount of stage managing will prevent a deficit of these di mensions from being hotly, perhaps fatally inflationary.” So—if what is left of the dollar’s pur chasing power is to be protected—there are, Mr. Alsop goes on to say, two alternatives. Either taxes will have to be raised—or there must be heavy cutbacks in the cost and scope of domestic programs. Whatever one may think of those pro grams, which are largely of the welfare state variety, it is clear that we cannot af ford them at a time when unavoidable mili tary expenditures are soaring. And it is an iromcal fact that, if enormous deficits are permitted and accelerated inflation in evitably follows, the low-income people those programs are desinged to help will be the hardest hit by far. In government, or family, the old adage applies: You can’t have your cake and eat it too. Stop The Exploitation Why don’t they let poor Jacqueline Ken nedy alone? This question comes to mind each time we see such things as the press and TV cover age of her recent ski holiday in Switzerland where her every move was reported, record ed and interpreted in depth by a horde ♦f photographers and reporters. . We are well aware that Mrs. Kennedy is news, but this sort of thing is ridiculous. * In even worse taste is the unending pa rade of insipid and maudlin articles that appear in magazines ranging from the slicks to those sleazy things that trade in sex and sensation. Look at any news- stanfl and you are sure to find likenesses of Mrs. Kennedy looking back at you, some times alone, sometimes with the late Presi dent, sometimes with her children. The il lustrations usually hawk articles telling what a brave little lady she is, what she likes in the way of food, furniture and art, Babson’s Point of View On Emotions and The Stock Market By ROGER W. BABSON Babson Park, Mass., February 17—Last June in this column we stuck our necks out and pre dicted that the Dow-Jones Industrial Average would “reach at least 1,000 in 1965.” Further more. We then ofrecast that the may 1965 high of 9J9 on the Dow would be exceeded by Christmas. We were “right as rain” about new highs before Christmas. But we missed the puncturing of 1.000 by a hair’s breadth. However, we still stick by that forecast that the Dow Industrials wfll soon record a closing figure above 1,000. PESSIMISM RAMPANT LAST JUNE In June when we took our optimistic stand, pessimism was thicker than a London fog. Stocks were being heavily sold and the averages tum bled almost daily. Between mid-May and late June the Dow Industrial Average crashed rough ly 100 points. Many professional analysts turned bearish. Followers of the ancient “Dow Theory” method of projecting the course of stocks pro claimed that we had entered a “bear” market. The country last June was going through a real case war jitters. Many columnists were full of dire forebodings as to what would happen to our soldiers in Vietnam when they were at tacked by the wily Reds under cover of the tor rential Monsoon rains. Fears of what the Rus sians and Chinese might do were heard every where. There was a growing disposition to write off our war effort before it had really begun. MIND OVER MATTER Since that great wave of gloom in .June, al most every statistical indicator of our economy’s health has soared to new heights. And, after some wobbling in July, the stock market climbed almost straight up to new all-time peaks. Those who felt back then that the tumble in securities was predicting a recession have lost a lot of faith in the market as a prophet for the economy. The really big lesson to be learned from what happened in the late spring of 1965 is the over powering part that emotion plays in determining the actions of businessmen and investors. Last June the prospects of jungle fighting stirred great fears. Within a very few months, how ever, expectations of an even bigger war aroused deep worries over inflation; and the people who had dumped stocks six months earlier rushed to buy them as a shield against inflation. Then, the emotion of greed took over. Buyers flocked into the market to get some of the profits others were piling up in stocks. AFTER 1,M6, WHAT? Although we are convinced that the 1,000 mark will be scaled by a wide margin before long, we are even more certain that sometime this year an event will occur that will once more sharply change the emotions of stockholders. Of course, we are not saying that stock prices are governed by emotions alone. We realize that any big drop in profits would see stocks going much lower. What we have in mind today are those sudden “out-of-th-blue” breaks sudh as we experienced last June and in 1962. Actually, it makes no difference to the owner of stocks whether the decline is caused by a busi ness slump, or by panicky fear unloading. The dollars lost hurt just as much. As we look into the future, our minds are likely to be influenced by our most recent experiences. Right now, it is natural to think of any future market break as being caused by some new warlike development. However, the next stampede out of sto<;£s could just as well be touched off by Russia's success fully establishing a huge space platform Visible to millions on earth. KEEP INVESTMENT FEET ON GROUND Whatever the cause for the next shift in emo tions, be sure of one thing . . . it will come sud denly and unexpectedly. Hence, when the Dow soars above 1,000, don’t be carried away by the wave of rejoicing. Keep your investment feet on the ground and a good reserve of quality bonds and savings books in your safe deposit box. Years of ever-climbing markets have made for carelessness in mvesting^habits. For those own ing stocks, there is still no substitute for a sound ly conceived and well-balanced financial pro gram. The Big Bully Stories Behind Words by William S. Penfield Gossip , The Early English called a godparent—a sponsor at a baptism—a “godsibb.” The word was compos ed of “God” plus “sibb,” which in Anglo-Saxon meant “related” or, “kin.” The godparents usually were distant relatives of the child they sponsored, feut whether they were or not, they felt a special kinship to each other. The “godsibbs,” being such close friends, ex changed observations and opinions of persons and things about them; hence, “godsibb” acquired the meaning of “a newsmonger, or “a bearer of idle tales.” Through slurred pronunciation, the word , has come down to us as “gossip.” Highlights From Clinton High Last Friday morning the Sen tinel staff sponsored its annual Valentine’s Day chapel pro gram. About twenty-four candi dates for King of Hearts and their sponsors were presented during the program. The climax of the program was the crown ing of the King and Queen of Hearts for 1966. The new king and his queen are Lonnie Bixler and Jan Alexander, both sopho mores at Clinton High. The election of the King was based on the number of votes (a penny a vote) each candi date received. The money col lected as votes will be used by The Sentinel either to buy need ed equipment or to defray pub lishing costs. This year’s contest brought in about $256 By PATSflf SIMMONS The February Publication of The Sentinel was issued Tuesday at school. In this issue it was announced that Polly Ann Adair is the recipient of the Betty Crocker Homemaker of Tomor row Award. Polly scored highest on a written knowledge and at titude examination taken by sen ior girls on December 7, 1965. She is now eligible for state and national scholarship awards. Polly Ann is the daughter of Mr. and Mrs. William E. Adair of Clinton. • • • It was also announced in The Sentinel that Jeannie Glover was chosen February Student of the Month. Jeannie was chosen for this honor on the basis of her outstanding qualities of lead ership and academic excellence Consult w. ALVIN HUEBLE about this question: “Our children received a BB gun and outdoor play equipment for Christ mas. Now the risk of in jury comes to mind. How can we best protect our selves with family lia bility insurance for any injuries or property damage caused by mem bers of the family?” BAILEY AGENCY , M. S. Bailey & Son, Bankers, Building Dial Day 833-0681 — Night and Sunday 833-0323 CLINTON, S. C., THURSDAY, FEBRUARY 17, 1966 dllttttim (Eljnmirir I " Established 19M July 4, 1889 — WILLIAM WILSON HARRIS — June U, 1955 . . • : PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBUSHING COMPANY ion Rate (Payable in Advance) aty : One Year $4 00; Six Months $2.50 One Year $5.00 Second Class Postage Paid at Clinton, S. C. SR: Send Form 3579 to Clinton Chronicle, Clinton, S. C. 29325 eks the cooperation of its subscribers and readers — the publisher will at wise suggestions and kindly advice. The Chronicle will publish letters of i they are not of a defamatory nature. Anonymous communications will paper is not responsible for the views or opinions of its correspondents. Carolina Press Association, National Editorial Association — - National Advertising Representative ASSOCIATIQN New York, Chicago, Detroit, Philadelphia From menus to mailings We print everything right Cards to catalogs, bills to broadsides . . . what ever your printing needs, you can count on us for quality workmanship, dependable service, reasonable cost. Free estimates. Chronicle Publishing Co. 109-111 Gary Street Phone 833-0541 LOOK! CRAZY DAY SALE! SAVE YOUR NUMBER! YOU MAY BE LUCKY! The first person arriving at our store on Washing ton’s Birthday, Feb. 22, with one of the three lucky numbers can pur chase a used 21” CONSOLE TELEVISION SET FOR ONLY— $2.22 This sale will be cash and final. Three lucky num bers have been chosen at random and placed on the T. V. set. Come early and see if yon can make a match. 4 CUP ICAPACITY |Lovely decorated' | china Brewmaster. Boils water in just three minutes. Tt will whistle when ready. Perfect for coffee, tea, etc. Electric cord in cluded. QUALITY COMES W AT FIRESTONE Sensational offer! De Luxe Champion New Treads RETREADS ON SOUND TIRE BODIES OR ON YOUR OWN TIRES 4 for ’49 49 Plus Tax in \ Ti aT . i. i , i>! Same* Si/r Off Y :11 Par ANY SIZE WHITEWALLS or Blackwalls After Small Down Payment Pay only *5 per month NATIONWIDE GUARANTEE No UmM on MILES ..No Limit on MONTHS Our rotroade, tdontlflod by medallion and shop mark, carry thla FULL LIFETIME GUARANTEE against da- facts In workmanship and matariala and all normal road hazard Injurtaa ancountarad In • vary day pattan- gar car uaa for tha Ufa of the traad design. Raplaca- manta are pro-rated on traad wear and based on i currant Flreetono retail price at time ot adjustment. Same tread QUALITY Same tread DESIGN Same tread DEPTH Same tread WIDTH — NEW Firestone 1964 ORIGINAL EQUIPMENT Tire* Your safety is our business at Firestone! Frked os shewn et firestone Stores; competitively priced at ftrestene Dealer! and at all service stations displaying the Firestone sign. 3 COX £ , Home & Auto Supply 02 “Customer Satisfaction Guaranteed” 205 North Broad Street :—: Dial 833-0739