The Clinton chronicle. (Clinton, S.C.) 1901-current, July 07, 1966, Image 2
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
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Rincs, watches, jewelry, silver
ware-we beautifully engrave them
all. No delays either. We engrave
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Just another service that turns our
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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
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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
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