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THE CLINTON CHRONICLE Clintop, S. C., Thursday, May 26, 1966 A Good System One of the aijde product* of the pro fit motive under capitalism is voluntary individual giving on an astronomical scale. Writing in “The Generosity of Amer icans”, author Arnaud C. Marts states that: . . private citizens in this coun try give $11 billion a year in private generosity for th^ public good.” One prominent businessman explains such generosity as essential to the preserva tion of the personality of the giver and to the saving of our society and the world. Aside from individual generosity, it should not be forgotten that under capitalism the profit system, by its very nature, does contribute to the public good. The profit motive stimulates in vestments that provide employment and build stable communities. HardlTo Understand Poverty and depressed areas haVe been so well publicized as conditions pre vailing in the U. S. that the rest of the world must think we are in bad shape. It is difficult to square the poverty and depressed areas concern with the actions of government agencies and of ficials that block private investments and employment for years at a time. Two good illustrations are a $700 million Duke Power project in the Caro lina’s depressed area and the $257 mil lion Pacific Northwest Power Company project on the Snake River. Both projects would create many jobs and be great taxpaying assets. But go vernment agencies and officials contin- . ue to promote tax - subsidized and tax- exempt public properties and block pri vate development. Which is best for a poverty or de pressed area: A billion dollars worth of taxpaying properties or a billion dollars worth of tax - consuming, tax - exempt government projects that increase the load already carried by overburdened taxpayers ? Britannia Throws Away Her Trident A milestone in the history of Western civilization has passed with scant notice. The British publication. Navy, of April 1966, carried an edtiorial entitled “Bri tannia Throws Away Her Trident.” It comments on the British government’* recent decision to rely on land - based strategy in military matters involving Britain. The editorial states simply that; . . to rely on a land - based strategy means the end of this country as a world power.” The final demise of British sea power became a certainty in the opinion of Navy’s editorial, when the British gov ernment decided to write off the air craft carrier program. A superior Navy is indispensable to any nation that wish es to remain a first - rate power. The tJ. 8. should heed the lesson that is so self - evident in the decline of British naval superiority. Sea power, spearhead ed by a strong Navy, provides mobility to move wherever we are needed, flexi bility to tackle a wide variety of jobs when we get there, and political freedom to move around without let or hindrance. Again, in the words of Navy, “All these are especial qualities of a seaborne force, qualities that have across the centuries applied to sea power and have, as a corollary, placed those tied to the land at a disadvantage.” America must never throw away her trident. Right at this moment, 98 per cent of the food, fuel and fire power for the U. S. military in Viet Nam is mov ing by sea. In the light of this, it should not be necessary to point out that the life of the United States depends on sea power and the best Navy in the worid. We Are Not Surprised We note that the South Carolina peni tentiary is having to curtail operations or close down its printing shop for lack of personnel. It Just bears put what we have been thinking all along — that printers are a pretty good bunch of fellows. Babson’s Point of View On What’s Ahead For Retail Stores ^ By ROGER W. BABSON Babson Park, Mass., May 26—At first glance, no segment of our economy appears to be in better shape than retailing.. Sales have been climbing at a fast clip for some years now and the immediate future is bright. Yet retailers are troubled’ by rising costs, including taxe4. THE SALES PICTURE During the past ten years the economic, social, and scientific progress of the United States has been very great. We have had a continuing boom in population, incomes, ag ricultural and industrial productivity, and over-all scientific achievement. This has been good for many—indeed for most—busi nesses. Last year, retail sales volume to taled $283.9 billion—up 84% from 1964 and a- most impressive 544% above 1955. During the first.four months of this year, additional good gains in retail sales have been chalked up. The prospects for a record first-half-year are excellent. Employment is at the highest level ever, and personal in-' comes—bolstered by rising wages, interest, and dividends, as well as larger government payments—are still trending up. This means that retail sales should continue to show good gains versus a year ago in the months just ahead. STORE EXPANSIONS With U. S. retail markets still growing and with people still treking from the cities and to the suburbs. 1966 should see a sizable increase in the total number of retail stores. Most of the larger department store chains, the leading variety chains, and the multi unit discount store operations are scheduling store expansion programs in the months ahead. And these plans are not likely to be drastically curtailed, even though some may be trimmed because of tighter money and higher interest rates. What kind of stores will be built? Mostly one-level outlets of functional design, but with modern decor and lighting. As for size: A good many really big units are still being opened, but even the department stores are shying away from the excessively large out lets which became popular in the 1950’s and early 1960’s. ' COMPETITION BETWEEN RETAILERS With the retail dollar pie growing larger and with retailers’ costs rising steadily, readers can expect the competitive situation within the industry to intensify. Junior de partment stores and variety chains will now more openly and more persistently vie with one another and the rivalry between discoun- ers and the more traditional retailers will be come sharper. There will also be more competition in the recruitment of executive and sales per sonnel and in the attainment of suitable sup ply sources. Today’s record-high incidence of employment at good wages and the grow ing sophistication of consumers are leading to an upgrading of American taste that is permeating the whole retail scene. The pressure on the stores to upgrade their wares and to acquire still better selections of qual ity merchandise is already great. We think it will increase in the period just ahead. WHAT ABOUT DISCOUNTERS? Three or four years ago, a number of discount department store companies were in deep trouble. Some lacked sufficient fi nancing. Others were critically short of ex- exutive manpower to properly run their ex panded operations. There was a shake-out, after which the survivors came into stronger and more responsible hands. Today the leading discount store compan ies—which include some very good regional 'operations as well as the large national chains—are more certain of where they are heading and of their ability to get a larger share of the total merchandising dollar. Leading discounters meeting last month in Atlantic City formed the Mass Merchandis ing Research Foundation, Inc. This organi zation will compile badly needed merchan dising and operational data and percentage breakdowns. Armed with these facts and with updated information on consumer mar keting trends, the discounters aim to im prove and consolidate their position. If they cm succeed in upgrading without losing their low-margin image, the discounters will pre sent a still greater challenge to other retail- erf. THE AHE Stories Behind Words ' By William S. Penfleld Mal&propism “The Rivals” is * play written by Richard Sheridan, a noted 18th Century English play wright. j x Sheridan wrote the play in 1775. Its first production was a flop, mainly because of bad acting. The play revived and crowds flocked to see it. The audiences roared with laughter at Mrs. Malaprop, a charcter who frequently committed verbal blunders. For instance: "As headstrong as an allegory on the banks of the Nile.” Such a characterization was not new. Dog berry in Shakespeare’s “Much Ado About Noth ing” remarked that “comparisons are ardorous.” But Mrs. Malaprop used so many inappropriate words that such a verbal blunder came to be called a “malapropism,” - i, ' Jenkins Completes Special Training Women Voters To Study Program Of ‘Group The national program of the League of Women Voters will be studied by the Lau rens County Provisional Lea gue at' two unit meetings on Thursday, May 26, at 10 a.m. in the Agriculture Building, Laurens, and at 8 p.m. at the Douglas House. Presbyterian College campus. All members are urged to attend either of the meetings to learn of the four areas of study adopted recently at the 27th national biennial convention held in Denver, Colo. This convention attended by 1,360 voting delegates repre senting leagues in all fifty states, District of Columbia, and Puerto Rico, recommen ded a continuing responsibili ty in the following matters: Self-government and repre sentation in Congress for the District of Columbia; protec tion for the individual under the federal loyalty - security programs; oppositfon to con stitutional limitations on tax rates; and in the area of trea- , ty making, opposition to con stitutional changes that Would | limit the existing powers of the Executive and the Con gress over foreign relations. The program for Thursday’s meetings has been planned by a committee composed of Mrs. Claudia Ferguson, chair man, Mrs. Charles Gaines, and Mrs. James Shakespeare. Also studying these national issues will be the other five leagues in South Carolina: three fully-accredited groups in Columbia, Greenville, and Charleston, and two provis ional groups like the one in Laurens County, in Aiken and in York County. Anyone interested in join ing the organization is invited to do so by contacting Mrs. John Glover in Clinton. Mem bership is open to any quali fied voter in Laurens County, and the purpose of the League of Women Voters is stated in its by-laws as follows: ‘‘to promote political responsibili ty through Informed and ac tive participation of citizens in government.” Abrams Reunion Descendants and f^enda.of the late James Widiarryjaid Alice Wesson Abrams are in vited to the annual family re union Sunday, Pavilion No. 2, annual family re- y, Jime 12, at 2, Rainbow Lake. OFFICE SUPPLIES CHRONICLE PUB. CO. PHONE 833-0541 Your yW/MDWIW Program Today- 2<r.28 iKWE«tAoB> Mnm* stmts • m ^sssr‘ aHi Parents Magazine Says OK For Children! 3:20, 5:20, 7:20, 9:20, — Sat. Starts 1 p. m; Mon. - Wed. - May 30 - June 1 One of the most startling twists of fate you have ever experienced / ^ in a motion Picture! , Jv ’n (or COLOR BY DE LUXE With James Stewart and Peter Finch 3:00,5:30 and 8:00 Marine Private First Class Raphael Jenkins, son of Mr. and Mrs. Arthur Jenkins of 708 N. Broad St., Clinton has completed a 12-day training and processing cycle with Staging Battalion at the Mar ine Corps Base, Camp Pend leton, Calif. This refresher training stresses the principles "of small unit tactics, with parti cular emphasis on the funda mentals of scouting and pa trolling and land navigation. Day and night tactical ma neuvers provide the individual Marine with an opportunity to improve his skill as a com- ' bat infantryman. Marines completing this training are assigned to com bat units overspas.. . ; T" 1 John I* Mimnaugh “50,000 auto deaths occurred in 1965. To equal this' terrible highway , record in the air would require 10 jet airplane crash es every week. Un less we drive niore safely, higher auto insurance rates must result frqi^ -higher auto death rates.” THANK YOU For The Handsome Vote Given Me Tues day, May 17, Renomjbqi^tu^-JVle Your Can didate For Mayor For Another Term. If Elected In The General Election, I Shall Strive To Serve You, “Thtf ^People of Clin ton, To The Best Of My Ability. J. J. “PECir CORNWALL BAILEY AGENCY M, S. Bailey A Son, Bankers,, Building Dial Day 833-0681 — Night and Sunday 833-0323 ■4-1 TT CLINTON, g. C„ THURSDAY, MAY 28, 1968 mitotan Gtynmiri* fair 4, m> - WimAM wmow HABRM - Jaae IS, IMS PUBLISHED EVERT THURSDAY SY THE CHRONICLE PUBUSHING COMPANY Subscription Rate (Payable in Advance) Out-of-County One Year, $4.00; Six Months, $2.50 One Year, $5.00 Paid at Clinton, 8. C. POSTMASTER: Send Form SBVt to Clinton Chronicle, Clinton, S. C. 29325 The Chronicle soaks die cooperation of its subscribers and readers—the pubUsher will at all times appreciate wise suggestions and kindly advice. The Chronicle will publish letters of general interest when they ere not of a defamatory nature. Anony- wiU nut he noticed. This paper is not responsible for the views of Its correspondents. Member: South Carotins Press Association, National Editorial Association Advertising Representative: Mew York, Chicago, Detroit, Philadelphia Following our original ahn to make; this dealer ship not only the beat place ANYWllERB to buy, but also the beaf place ANYWHE3tj| to work, we have revised the work wdek »f all bur employees effective June I so that each one work* five days, or the equivalent thereof. ‘ v \ Despite this revision which puts our empl line .with those in other trades in thli will NOT affect oar aertice to the pubKc. oar new Bchadaltu oar new and used cat will be open *U days a 'week from 8 a, m. to d p.m. Our servlet and parts departments will Nh open 8 *4u« to 8 pan. Monday through Friday. We\ will maintain limited service on Saturdays from 8 a.m, to I pan. In the service and parts depart ments. Your cooperation in scheduling your service needs on any day Monday throngh Friday will be sin cerely appreciated. ' v PLAXIC0 CHEVROLET, INC. 400 West Main St Clinton, R, Ck ■ ——- Now hsar mlt LOUD.CLEAR! mV J' "We invite you to do all. * • your banking herg.” ; ■ ;v-a* , -r M. S. Bailey & Son, Bankers EatabHahed 1886 • > < Member FDIC Clinton, S. C. "44% Interest Poid On One \Yeer>vtnss Certifcates" . ' . j* F «_-» r h ' • t' «: a-.-j r u -j* ... >■ U .1 i 1 f !