The Clinton chronicle. (Clinton, S.C.) 1901-current, July 07, 1966, Image 2

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

THE CLINTON CHRONICLE Clinton, S. C., Thursday, July T» 1968 Highway Safety The dismal record of more than 500 npersons killed during the three-day ■ Fourth of July holiday period points up the fact that much remaina to be done to make travel on the highways safer. But much more progress has been made in holding down the highway ac cident rate than is generally realized. Travel on the nation’s roads and streets is almost three times as safe as when the industry-supported Automa- tive Safety Foundation was started (thirty years ago) as measured in deaths per vehicle miles. However, the tremendous increase in vehicle miles has resulted in a larger total of acci dents. Pointing to increased public interest in traffic safety, Alan S. Boyd, Under Secretary of Commerce for Transporta tion, said, “We have made considerable progress in this long upstream strug gle. He also noted that the public, de bate has tended to center on one or two elements of the problem. In commenting on proposed federal legislation, Secretary of Commerce John Connor testified, “It is based on the rec ognition that accidents often are caused by multiple factors . . . they are fre quently the result of some failure of the system which includes the driver, his vehicle and his environment, including the highway, or the interaction of all three. It does not assume that any one of these elements is more important than the others, and it is not directed toward a pancaea-type solution to the highway safety problem.” Intensified efforts on the part of federal, state and local governments, as well as industry and other cooperating organizations obviously are required to keep down the fatality and accident rates as the stream of traffic continues to swell. But an objective analysis show’s how much has been done already. parties HKiHWAV SAFjtTY IS EVERYONE’S JOB! placing expediency above principle, they had better remember what a Frenchman said jiver one hundred years ago: ‘The AmeiWp’ ‘Republic will endure until politicians discover they can bribe the people with their own money.’ ” “Seek not the favor of the- multi tude; it is seldom got by honest and lawful means.”—Immanuel Kant. Citizen Soldiers The 40th annual convention of the Reserve Officers Association this month highlights the fact that the whole struc ture of our military reserve organization has been disrupted in recent months by Defense Secretary McNamara. The out standing example was his deactivation last December of some 750 organized Army Reserve units, including all six combat divisions. This was done while Congress was out of session and after the^ Senate Committee on Armed Forces had unanimously opposed such a move. The Defense Secretary claimed that there was “no military requirement” for any of the abolished units. However, in subsequent hearings by the Senate Com mittee, military witnesses acknowledged that ambng those abolished were a “number of units of the exact type list ed on the requests of General Westmore land for Vietnam, and which the Active Army had been and in some cases is unable to supply within the time requir ed.” It appears that Mr. McNamara wants to maintain a sizeable force of trained reservists. But for some reason he doesn’t want organized reserve units, evidently preferring to call up individual reservists to augment the regulars. Yet military experience has demonstrated that being a part of an established unit , is a great factor in soldier morale, as well as combat team efficiency. That was one of the primary reasons Con gress established organized reserve units in the first place Ernest G. Swigert, chairman of the board of directors of the Hyster Com pany, has said, “Personally I want to stop our frightening slide into a totali tarian state and I am not particularly interested in the party label of the can- Babson’s Point of View On Our 1966 Forecast • By ROGER W. BABSON Bah&oa Park. Mass., July 7—As we New Englanders say, a lot of water has gone over the dam since our business and financial forecast for 1966 was published here on De cember 36. 1965. Both the Gross National Product and the Federal Reserve Index have scaled new peaks in the first half of 1966 . . just as we expected. But the stock market (as we also felt might happen) stum bled while business was still climbing. FOREIGN SKIES STILL CLOUDED Looking back, we find that last December we counted on more important developments to come out of Russia than actually took place. Very definitely South Vietnam has dominated the international scene. The ‘ fireworks” in that unhappy country may well account for the relative inaction of the Russians. Also, despite the rumble of threats from Red China, that rousing giant has been pre occupied with shifts in the Peking power set up. These should become increasingly clear later in the year. We were quite right in predicting no major war with either Russia or China. And we still feel our forecast that the balance would swing our way in Vietnam has been borne out. and will become even more apparent when the dry season returns in Southeast Asia. GAINS HARDER TO COME BT Six months ago we reasoned that the best of 1966 might be see in the first fcaW'- Al though some further progress will be made, we still feel that the economy may become more on the defensive. First signs of se rious faltering have already occurred in au tomobiles. In this field we foresaw, fast De cember, “no significant upsurge beyond the high levels of the past two years.” Looking toward 1967, we now believe it will be even harder for the car builders to make prog ress. Best bet is that total output will trail last year by 5 per cent or even more. This wSl act as a minor drag on business gen erally. As projected, the bulge in defense spend ing proceeded on schedule . . . but did not overwhelm our economy; wage rates and the cost of living spurted, leaving in their wage grave fears of runaway inflation (which has not yet developed) and a slowdown in the FARMS and FOLKS- By L. C. HAMILTON " Clemson University Extension Information Specialist ‘‘To succeed,” Roy Keppey, in Iowa. But I’ll tell you, the Davenport, Iowa, swine we’ve seen some mighty good producer said, “you need to corn here Also.” have goals.” it was Keppy’s opinion that The Midwestern farmer the Midwest would not great- was talking to South Carolina jy increase hog numbers above the present level of pro duction. “Too many of our farmers have gone permanently out of the business. Too many of them have pushed up their fences and plowed up - thfeir pastures.” __ Keppy says farmers should worry Ifcss about per capita pork consumption and worry more about giving consumers a product they’ll want more r Hampshire breeders under a large ‘live oak at the farm home of M. G. McDowell near Elliott. Keppy is an expert on goals. When he entered the swine business he searched for the ideal meat-type hog. He mounted a silhouette of his ideal on the mail box at the front of his Iowa farm. Since that time Keppy has raised two cross-bred bar- rows which won grand cham- 0 f pion awards at the Interna- He indicated that if swine tional Livestock Show in Chi- producers put superior pork Stories Behind Words By - William S. Penfieid As Rich As Croesus Croesus was the last king of Lydia, an an cient country in Asia Minor. After ascending the throne in 560 B. C., he set off on a course of conquest that greatly extended the kingdom his father had left him . As Croesus’ kingdom grew, so did his wealth. Gold was poured in from tribute mines and from the sands of the River Pactolus. Eventually he accumulated more wealth than any before him. Croesus, reveling in his riches, called himself the happiest of men. But Cyrus, the Persian, overthrew him. The Lydian king’s wealth was the basis for the expression “as rich as Croesus,” used to de scribe anyone of great wealth. cago. He has also received the National Hog Farmer award. He is recognized as one of the top farmers m his field. The Iowa farmer’s advice is particularly significant to South Carolina hog farmers who are gradually inreeasing hog numbers. At this time South Carolina and a few oth er Southeastern states are leading the expansion in hogs in the United States. Some of the ways Keppy achieved his goals were out lined at the Elliott meeting. He suggested close attention to breeding and applying this knowledge wisely in the breeding program. “You need to train your eyes to get the qualities you need in your breeding ani mals. “I have on several occas ions paid more than I thought I could for boars, but I later found that these were some, of the cheapest boars I ever bought.” Keppy said breeding and management were the chief problems in swine production in the Midwest. Farmers ought to pay more attention to the milking abil ity of the sow when selecting replacement gilts, Keppy said. Pigs from sows with high milking ability gain fast er and have less problems than pigs from low milking sows. In order to pay a premium for hogs, Keppy said the packers need a constant sup- in the stores the consump tion will take care of itself. Higher qua-lity pork prod ucts can be marketed if farm, ers will keep adjusting their goals to fit the market de mands, Keppy said. J, C. THOMAS . _ offers . “liKlant Engraving” Rincs, watches, jewelry, silver ware-we beautifully engrave them all. No delays either. We engrave if you'd like, while you wait. Just another service that turns our customers into friendsl i. J. C THOMAS 'It’s Time That Counts’ CLINTON — JOANNA Your £ti0Amk\ Program Today-Saturday July 7-9 2a Co»wn’-'«u A Martin Rackin Production : : #.v G 1966 hy 20th Century-Fox Film Corjv I ■■111 IIHIN SCaetNPLAY BY nOM A STOHY IT EWCST HAVC0I HU-IDONW Feaaures: 3:00, 5:00, 7:00, 9:00 L * '»• Mon.-Tues.-Wed., July 11-13 The Greatest Woman’s Heart-Drama of All rate of profits gain. The biggest block to Major Land Serves In Vietnam Post further substantial advances by business (in - Maj. Joe E. Land, son of assignment he was stationed ply 0 f high quality hogs. This Mrs. Eva B. Land, Academy at North Carolina State Uni- allows the packer to offer a St., is presently stationed vcrsit y> R»leigh, as a mfli- superior line of products, with th» Fi-ct T ncictir..,! tar y science instructor. The Iowa farmer said ^ His family is making their meat-type hogs were more Command, Siagon, Vietnam, home in Columbia during his efficient to produce, having a shorter production time and lower feed conversion rate. addition to the auto slowdown) are the de veloping paralysis in home building and the checks to the long rise in capital outlays. Last December we expected these retarding trends to develop. ^mS ago^we^said, ». . . the greater Before ,eavin S for h * P^ent absence. danger will lie in credi tinflation, rather than in price inflation.” And we have had indeed a mighty boom in credit; but the wellsprings are drying up. Interest rates have soared. More to the point, those who would like to ex pand—from home budding to school builders —are finding that funds either are not avail able or can be had only at prohibitive cost. Some economists have begged the gov ernment to use its tax power to slow the economy ... so credit inflation will not spill over into runaway price inflation and then a big bust. Apparently Uncle Sam has left the job of “cooling off” the boom to the mon ey managers . . . the Federal Reserve Board. It is the old-fashioned way; it is cumber some, all-embracing — sort of a shotgun method that hits around as well as on target —and, above all it is slow. But just because it is slow, don’ think it won’t work. It is working. That is why we still look for the finaJ half year to be less boomy than the first half. ON STOCKS AND BONDS In our 1966 Forecast, we warned of spec ulation and gambling in stocks. We also looked for bonds to decline. Astually, bonds have declined more than we expected. They are now at a point where new issues of high quality—“AA” or “AAA”—may be bought on a long maturity basis, especially if they are protected against early., call. Certainly they may be better buys than some of the widely touted growth stocks. Indeed, we believe that these days—and the days just ahead—will come to be looked upon as one of the great opportunities of this century for buying and holding top-grade goevmment, local, and corporate bonds with long matur ity and with protection against sudden call CLINTON, g. C., THUB8DAY, JULY 7, 1966 ill? (Elutlmt dttpomrl? J«l7 4, 1889 — WILLIAM WILSON HABBIS — June IS, 1955 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County One Year, $4.00; Six Months, $2.50 One Year, $5.00 Second Class Postage Paid at Clinton, S. C. POSTMASTER: Send Form 3818 to Clinton Chronicle, Clinton, S. C. 29325 of its subscribers and readers—the publisher and kindly advice. The Chronicle will tk?y are net of a defamatory nature. Anony- I- This paper is not responsible for the views Press Association, National Editorial Association ling Representative: V Mew York, Chicago, Detroit, Philadelphia - WhiteforcTs - Flavor-Crisp Chicken <*£8 the Hr*, j COMPLETE °rd dinner 95c 3 Pieces of Chick en, F. F. Potatoes, Cole Slaw and Hot Rolls Bargain Box $2.15'' 9 Pieces of Chick en For Family of 3 To 5 People The Family Bucket $3.50 15 Pieces of Chicken, 8 Hot Rolls Serves 5 To 7 Hungry People The Barrel $4.75 21 Pieces of Chicken ' Perfect For Tired Housewives, Parties, Picnic, Church Parties and Social Functions Fish Dinner $1.00 2 Flounder Fillets, French Fries, Xole Slawv Hot Rolls and Tartar Sailce Bucket of Fish $3.95 10 Fillets of Flounder, Cole Slaw, Tartar Sauce and Hot Rolls Shrimp Dinner .. $1.15 Jumbo Shrimp, French Fries, Cole Slaw, Tartar Sauce and Hot Rolls Bucket ’O Shrimp $3.95 25 Jumho Shrimp, Tartar Sauce, 6 Hot Bfecuitg WhiteforcTs Drive-In South Broad Street Clinton On his brief visit to the Southeast Keppy was im pressed with the corn he’d seen enroute, and in the Carolina Lowcountry. “We come from a corn state. We’re proud of our Corn co-starring ’John Forsythe OFFICE SUPPLIES CHRONICLE PUB. CO. PHONE 833-6541 A Ross Hunter-Eltee-Universal Picture We Will Furnish Free Kleenex To All Adult Ladies Present! 3:20, 5:20, 7:20, 9:20 ^Anyone; con Aeu/e/ money. t (A CO 'Account /» and penAiAten/&. W&Auppiy on& of tke&e/ itemA. r ■( NL S. Bailey & Son, Bankers Established 1886 Member FDIC Clinton, ST. C. y/i% Interest Paid On One Year Savings Certificates"