The Clinton chronicle. (Clinton, S.C.) 1901-current, July 21, 1966, Image 8

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THE CLINTON CHRONICLE The Announcement of Clinton's New Industry i THE AMERICAN WAY Youih Wants to Know Ay RANDY GRIFFITH - , - Clinton. S»C, Thursday. July 21, 19^6 Mountville News MKt^MAUDB BRYSON The long-awaited offical announce ment*’6T' the coming of Clinton’s new industry is published in today’s paper. Negotiations have been underway for some time between representatives of the then unknown company, city of ficials, and state and county develop ment boards. It is now a source of great satisfaction to all concerned that preliminary developments have ’cached the stage where definite commitments can be announced. Playing a leading JP? r t prelim inary negotiations was/the well known Daniel Construction Company of Green ville, which, under the leadership of the late Charles E. Daniel, and continu ing under the present officials, has done more to bring industries to South Caro lina than any other agency in the state. They have secured, designed and built more plants than all others put togeth er. The new Clinton industry, to be built in the city’s industrial park two miles east on U. S. Highway 76. is As- coe Felts, Inc., a new company, but largely a subsidiary of Asten-Hall Manu facturing Company of Philadelphia. The product to be manufactured is “wet felts,” of which little is known in in this section, to be used by paper manufacturers. It will, therefore, add to the diversification of Clinton’s indus trial complex. And that fact augurs well for the economy of the community. We welcome Ascote Felts to this area and hope their operations prove to be more successful than they themselves expect. This new industry ho doubt means the bringing in of new people to Clinton, especially key personnel, and also many in the labor force of the 150 required at the start of operations. Included in the planning is one or two expansion programs for the future. Which, of course, means more jobs for more peo ple. Moving to the city within the next few weeks, along with the start of con struction will be Mr. Kenneth Fryfogie, who will manage the affairs of the com pany. He is already known to a few' persons in the city, having been active in premliminary negotiations. As far as this community is con cerned, we are sure we express the sen timents of all when we say, “What Mr. Fryfogie wants, Mr. Fryfogie gets.” We welcome him, too. Babson’s Point of View On Men, Machines, and Money By ROGER W. BABSON Babson Park, Mass., July 21—Even with auto production and sales turning down, gen eral business has just swept ahead to new all-time highs. Home building, another of the really big and powerful parts of our economy, is also seriously stumbling. But many of the little fellows—home furnishings, television, textiles, and mining—have march ed steadily upward, planting production flags on new peaks. And the biggest capital goods upswing ever keeps right on breaking all records . . . contributing mightily to the stretching out of the longest economic boom in history. How much longer can it -last? A DEMAND ECONOMY The men who run the government in Washington are bound by law to keep busi ness booming, so that all who are willing and able may have jobs. This, in a few words, is the gist of the FULL EMPLOYMENT ACT OF 1964. This has been discussed many times in this column. But we wonder wheth er it has ever been clearly emphasized that the method of producing full employment is largely one of stimulating demand. President Franklin D. Roosevelt was one of the first to make an all-out effort to stimu late demand ... to purl us out of the great depression of the 1930’s. His prescripiton was to put money in the hands of consum ers. They would buy, and that would make the retailer prosperous and he in turn would buy, making the wholesaler, manufacturer, miner, etc., flourish. Yet, years of boost ing the consumer’s buying power did not bring prosperity. MORE THAN THE CONUMER NEEDED Before other experiments in prodding de mand could be tried. World War II swept over us. Employment soared. So did prof- tis. We had an old-fashioned war boom. But when Japan surrendered, everyone feared that a huge depression would soon come. Out of this fear the FULL EMPLOYMENT ACT OF 1964 was born. Each President was to have his own Council of Economic Advis ers to help him judge when to recommend, and what. And it began to be realized that more than consumer demand had to be stimulated in order to keep the economy big and strong • ’ 00 Recently I wrote about poi- ten marked “double* * jjia* Crisp accompa- son personalities in fellows, Others considered to be way ^ g r Blanqhe Badger from the girl’s point of view. ar f joined-Rev, W. E. (Bill) Crisp, NOW, let’s lOOk ' ■■ Coliuln poison in girls. at teenage »»o study ***- 7 r "“^"£ '.t Saluda. and let It be known ,- nd N • ^ ^ we , kend _ _ For the intelligent guy one think athIet ^ s bttFes. The 1V v ' - “*“**•» — - date is enough for the’ girl profession al faultfinder and Visiting Mrs. Roily Bannis- who is “just too bored to do 1116 smart “ know R all” are during the weekend were - — , ,. also “out.” ~ anything." She gives indica tion of having no imagination Most for both Mr. ahd Mrs. Roily Bannis ter, Jr. and sons of Raleigh, N. C. Also visiting were Mr. magination ”*”" v > rn P° rta " t —- . n A1BU even if there is “nothing to b °^ S ? nd 5i rls . s th ® and Mrs. R. 0. Bryson of do around herb.” Most fellows abllltv to be friendly, to act g £ casual and on good terms . . „ _ with everyone without seem ing “stuck-up” or'“too in- avoid like the plague girls who think kissing or dancing are wastes of time. Equally in ? j SIIK ^v, UH a' n n ■ . . ., „ . , . . ,, volved with one gang contagious is the glad girl,” . the hip-hip-hooray type who thinks everything is “alright sucb as barley are harvested, tonight.” The 8 ivin g up of corn m this Smith Ramsay and daughter, Miss Lucy Ram- Say of San AugUstine, Texas are visiting Mr. and ’ Mrs. John Simmons this week. Mr. and Mrs. Ray Wylie LUltglil. Those who giggle constant- P r ' me corn area ly, always try to be the life rnuc b to ask. of the party and repeat old But even so the attractive > f corn in mis ^ ^ Lake utall were i would be too . _ . Mrc «r,i- spent Saturday with Mrs. Roi ly Banlilster, Sr. Mrs;- Rhett Bryson, aceom- pariy anu repeal um and puns often lessen ness of grain sorghum as a I ”. r8 ; "‘■'JT'’ “ chances of endearing late-planted summer grain P an * e d by Mrs. John Aycock „„ ♦ v,,, inrrpnsp in of c ** ah i n g. attended a * U-c AA Me* 17* <| Needed: A Probe of Big Government Stories Behind Words By William S. Penfield Midas Touch Midas, according to Greek legend, was a king of Phrygia. The god Dionysus, obligated to him because of a favor, offered to grant any wish that Midas made. Midas requested that anything he touched be turned to gold. The request was granted, and for a short while Midas was happy. His happi ness ended, however, when he realized that he faced starvation, for even his food turned to gold. i Upon Midas’ request, Dionysus took back the gift, and Midas returned to a normal life. cliches their chances ot endearing „ 0I uufnuiK wnio . „ themselves to the male popu- may be on the increase in luncheon given by Mrs. Ed- lation. The clinging vine type the Coastal Plains. w}n A B i akes a t her home who latches on to a special Recently L. R. Allen, anoth- Saturday i* 1 Greenwood, boy and acts affectionate in er Olemson agronomist, said i , , . , .... front of a guy’s friends is of- two bird-resistant grain sorg- sorgh ^ loses its bitterness hum J ariet ; es "e™** 0 * when the grain becomes com- the whole system can be com- enough for trial plantings in •, .£< mature And then the pletely mechanized. the Coastal Plains w h e r e £S Sbines and stores Moreover, there is increas- farmers wish to^ follow small ^ grain out of reach Qf the ingly a more attractive mar- grain with another late-plgnt- ' ket for feed grains in South ed grain crop. Bot ’ h b a' rte y and grain 5 org- Carolina where the livestock These varieties, Arkansas bum are high-quality live- population is increasing and 614, and Georgia 619, have ^ 6cl{ teeds Rogers and Wise where a more active com- open-type heads and are es tj ma te that when the two mercial market is brought brown seeded. They are bird^ are planted in a double-crop- about by more exporting and resistant because, in the early nih „ thp total vield more processing. development ? t a g e of the ^ 0 ® 1(J ^ equal in feeding val- Grain sorghum and barley seed, the grains are bitter ue to 500 t0 130 bushels 6f in a double-cropping system and the birds won’t'eat them, would perhaps not be as at- Allen says the birds, a big tractive to Coastal Plains problem irr the Coastal Plains, farmers as to others. And normally eat grain sorghum there is a good reason. In the in the early milk or dough Coastal Plains spring-planted stage of the grain. Finding it corn is a highly satisfactory bitter, they look elsewhere grain crop. for their food. East of the Fa-11 Line corn What the birds don’t know, is planted before small grains perhaps, is that the grain corn. 1* o and stron * n a ^ u ®° n *° m y^» anyone skillful in Under President Kennedy the theories something to his gain is said to have a demand economy reached new heights. the “Midas touch,” Profits, once looked upon as suspect, gained The makers of heavy capital goodv ~ ————————— Old Stuff - New Twist To hear certain self-serving politic ians tell it, you’d think that Civil Rights was a brand new invention, another of the great boons conferred upon a back ward and needy nation by the advanced thinkers of the Great Society. Actually, this is the 100th anniver sary' of a truly meaningful Civil Rights Act, introduced in the Congress in 1866 by Senator Dyman Trumbull, of Illinois. Its purpose was to nullify statutes in Southern States which denied Negroes “fundamental rights as belong to every' free person.” One of its objects was to secure the right to acquire property . .. to make contracts, and to inherit and dispose of property.” It did not, signifcantly, take the line now being promoted by the draftsmen of the Great Society. While it gave ev eryone, Notably the Negro, the right to “inherit, purchase, lease, hold and con- eryone, notably the Negro, the right to not go beyond this. In other words, it did not violate the rights of others. FARMS and FOLKS By L. C. HAMILTON stature. . HI | it was recognized, had to be prosperous "if»• they were to hire men. In a word, business** itself must have its purchasing power raised, »• not just consumers. Investment became as * popular as consumption. Even the wealthy ™ TT . •* ^ < • * * 0 • i* might have their taxes cut . . . to provide;. cle,nson University Extension Information Specialist more funds that would be spent for plant and equipment. To push business up, de- The more bountiful rainfall ists representing agronomy mand would have to be spurred in all sec- an( i i ess severe drying condi- and livestock areas, respec- tions of the economy. This has been dope t | ons of the Carolina lively, suggested two Crops with great success during recent years. Em- . that fiH both requirements, ployment has faUen to nominal levels; » winter make 11 an td s Perhaps their ideas warrant growth spurted to peacetime records. son f° r growing crops that more attention FULL CYCLE can stand the cold. W by not, they asked, plant As prosperity burst into full bloom, the Similariy, South Carolina’s grain sorghum following feeling spread among Administration leaders warm summers W ith rather small grain, and seed it after that they had discovered the key to perpet- severe drying conditions, es- the small grain is harvested ual propserity. But then the situation went p ecial ]y in the piedmont, in tfie spring or early sum from bad to worse in Vietnam. A great ma j {e t hem suitable for grow- mer? »«. 1 Tf . rr T Your keyloTh®. things yotf Want and need. Savrior -spy 1 tts m — rrj E5 new demand load—for arms and men—was added to our business machine already S—2—— — — ^ Vfor*\r virhrvlocalf* »flH ° ing crops that are tolerant of Then after the grain sorg- straining at capacity. Many wholesale and hum matures in the fall, har- then consumer prices climbed. The real Now find crops that fit both vest it and immediately gains of expanding business prosperity are of these requirements, give break the land and plant the now being threatened by an inflation fire that them enou « h time for g row ' same acrea 8 e to barley. This could be all-consuming. So now we have in S and maturing, and you system involves continuous come full cylcle—from too little demand to have some interesting possi- cropping a n d is commonly too much. Hilties called a double-cropping sys- M. S. Bailey h. , Bankers Established 1886 Member FDIC •* ••.r *».» _ £lintoib S- C, hilties. called a double-cropping sys- me ecuuuu^u, — Several months ago H. V. the tremendous importance of the rehl sub- Rogers and John F. Wise, One advantage of producing stance of prosperity. This substance is men, Clemson extension special- these particular grains is that I "4'/2% Interest Paid On One Tear Savinas Certificates" —-r- » ‘or- , The economists seem to have overlooked Tenino, Wash., Independent: “The problem of taxation is quite simple. You can shear sheep repeatedly, but you can skin it only once.” machines, and money. Demand is the stimu lant. We may have already gone too far along the road of super-demand. Too much demand for money means- too high wages; too much demand for machinery leads to use of less efficient units; hence upped produc tion expense; too much demand for money pushes interest costs higher and causes ra tioning of credit. All of these together force prices up, and the advantages of full employ ment are lost in the resulting inflation. We must recognize that there is a time to lower demand pressures as well as a time to increase them. CLINTON, S. C„ THURSDAY, JULY 21, 1966 ©Iff (Elintmt QHfrimirlr Established UM July 4, 1889 — WILLIAM WILSON HARRIS — June 13, 19S5 PUBUSHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County L One Year, |4.00; Six Months, 82.90 1 One Year, 85.00 Second Class Postage Paid at Clinton, S. C. POSTMASTER: Send Form 8579 to Clinton Chronicle, Clinton, S. C. 29325 The Chronicle seeks the cooperation of its subscribers and readers—the publisher will at all times appreciate wise suggestions and kindly advice. The Chronicle will publish letters of general interest when they are not of a defamatory nature. Anony mous communicaions will not be noticed. This paper is not responsible for the views dr opinions of its correspondents. i ■ South Carolina Press Association, National Editorial Association •T' National Advertising Representative: PRESS ASSOCIATION New York, Chicago, Detroit, Philadelphia < SPECIALI Save as we DOUBLE OMR SALES! 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