The Clinton chronicle. (Clinton, S.C.) 1901-current, May 26, 1966, Image 2
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
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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"
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