University of South Carolina Libraries
tr. THE CLINTON CHRONICLE W0 ickets? When Red China sets off an atom bomb, or Soviet minions in the Middle East overrun a country, the pickets don’t appear. v If all the energy that is being di rected, at reforming other people could be seif-directed, ^hat a race we would have on this earth! Use Heart Drive The American Hea| , t Association is currently seeking more than ^11,000,000 in donations at its lfg7 objective^ Red heart-shaped coin coRpetara appear hi the stores in many states daring the month of February and the fund-failing cam paign will be carried on in every section of thd country. ' i; Although it is trdb Hi# win* soft of drive seems to be getting underway point of View On every few weeks, during thin, time of the -. ""’T-r-VEri TYxiTi!* L ■ year, it should not be necessary to point out that heart and circulatory diseases cause over fifty-fonr per cent .of all deaths in the United States. It also should he pointed out that there is considerable hope in this field and considerable progress has been ach ieved recently. There are new methods to control high blood pressure, to safe guard against rheumatic fever, to pre vent repeat heart attacks and other heart conditions. Support of the Heart Pond contributed to the evolution of heart and blood vessel surgery, which is a great step forward in America’s number one health problem. Meanwhile, the death rate from heart diseases continues to be an appall ing one. r THE AMERICAN WAY r Youth Wonts to Know «ANi»t Gwrrrra Clinton, S. C, Thursday, February 16,1967 — ~ CKamfeer Group To MuutTuwtoy The ftwrt <d * the Chandwr <g OwgBwe — Riling Stock Prices Babson Parki^dass., February 16—Last year was a nightmare fur most owners of stock- After an Initial spurt in the opening weeks of 1966, stock prices topped off and alternately sagged and plunged downward. Even the traditional “year-end* 1 rally failed to show up between Christmas and New Year’s. Deep indeed was the gloom as 1967 began. Th. IM r*Jr^rSJT ytS *»** ,l'*hrwy luck « ,p««ch wd *m«nn»r» i than *J, # jVO y. P. ht V, Hotel tie* about y*t is koW you tu look. This hscomcm BEVOPJE CMOM t>!6 BOlOM' Poison Gas Yemen is a small country in the Midde East. It has a population of some 5 million, and is rich in oil, pipelines, western capital - and a strategic location. And, it is a member of the United Na tions. i Historically, Yemen has been ruled by an hereditary monarchy, pro-Western and anti-Communist. In 1962, Dictator Nasser decided that he wanted a friendly “socialist” government in Yemen and sent in 55,000 troops to topple the anti- Communist regime. It is said that he is spending $750,000 a day on the military campaign, which the Soviets have under written with almost $3 billion worth of military equipment over the past six years; jet bombers and fighters, sub marines and destroyers. On January 5, 1967, Egyptians us ing Soviet-built planes bombed Ketaf, a Yemen village, with poison gas, killing a quarter of the residents. An American reporter on the scene wrote: “In Ketaf . .. the stench of death seeped from scores of hastily-dug graves where terri fied survivors buried victims of the gas attack before fleeing.” HULLS TARE COMMAND But hardly bad the President delivered bis State-of-the-Union Message before the bulls tossed the bears almost out of the ball park. Then they went on a rampage such as has been seen only a few times in stock market history. In the short space of a few weeks, Investor attitude pivoted from despair to confidence. Those who could not get out of common stocks fast enough in late 1966 were falling over themselves in January, 1967, scrambling to get back in. In October of last year, the well-known Dow Industrial Average fell decisively through the 750 level. At year’s and it still was floundering in the 780’s. By the end of January it was bumping hard against 850 ... a jump of more than 100 points from the October low, or 14%. And since then, the bulls have gained even more yardage. WHO KILLED COCK ROBIN? Financial writers and analysts are still “reviewing the bidding” as to why stocks took such a tumble last year. After all, 1966 was a new all-time “first” for business vol ume, production, and profits. Inflation was gaining ground at the most rapid rate since the Korean War. And, after all, weren’t stocks supposed to go up and “protect” their owners against the inroads of soaring prices? Some said the stock lump of 1968 was warning of a business recession to come. Others felt that speculation for the rise had just gone too far and was bringing on its own corrective reaction. Now, however, through judicious use of hindsights, the concensus seems to be that extreme tightness in money and credit amost choked the bulls to death. With the best-quality bonds in the world selling to yield over 6%, who would take a chance on “high flyers’* yielding 2% or less? Many could not get loans to buy stocks, and many did not want to pay 6% or 7% to carry issues yielding little or nothing. BREAKING THE LOG JAM As the scarcity of credit reached cpsis_ proportions in the late summer, the money managers moved aggressively to break the credit log jam. By late autumn it was evi dent that the worst was over. Bonds began concern tor mm p**p|e that right p»w they overtook «to ***4 immortal* tkt&ff ft taut ttam- srivoo: how ifafimik Thh war jm thlk hi ww imporiapt. |« yow fhtoi wW- qy. fuU Bowhdtm neat to as info portant as tooktog htott English may or may not be your favorite subject in school. But whrit tt comas to using correct speech, you of ten wish you could have a bet ter command of the language. Often slang isn’t in good taste. And incorrect grammar is never acceptable. To know the right phrases and right words in the right circumstances is an asset. It takes years to discover the exact words to use in every Hm Mwmw- ? fmwm ©taker stotos thto m mm <# f»e m to WTO from tot? to toft mmmd atto too CMWRtotoO Wto Bre st# % slate of officers tor the act year* library ttoord toprwirtcitiro T« Meet With Students : Miss Betty E. Callaham, di rector of Held services of the- South Carolina State Library Board, will be at Presbyteri an College on Monday, Feb.- 20, to meet with student groups and with individual students considering careens as librarians. The hours wHl be from 2 to 4 p.m. in the library. AFTER Baptist Brotherhood ... When You're Willing to Do-It-Yourself I Stories , V Behind Words By William S. Penfield instance.’ Make it a point to learn people’s hltfnes too. |t’s CoODCr Graduates always better to be able to * 11 c r say, “I|ey, Fred!'» than “Hey, Ifi LOW Or U. J. V*. you,” when trying to attract Jackie Cooper received his To Meet Tonight someone’s attention. Juris Doctor degree on Jan. The First Baptist Church Forming a habit of polite- 28 from the School of Law, Brotherhood will m«et tonight ness will help you to feel con- university of South Carolina. (Thursday, Feb. 16) at 7:30 fident of' yourself. For in- He wiU enter the Air Force o’clock at the church. The stance it s always correct for 0fficer Training School at Rev. Parks McKittrick will a young lady to say after a Lackland Air Base,* San An- be the visiting speaker pnd a date, I had a great time with tonio Texas and has been good attendance on the part of assigned' to the special inves- the men is expected, tigations field. Tickets for the supper may He is the son of Mr. and be secufed from Hadley Mrs. Tom B. Cooper of Clin- Barnes, Ike McCarley, <}r ton. Morris Seymour. * you this evening young man needs to answer is, “thank you.” or “I had a good time, too.” If you are slack in this Mess The word “mess”—an untidy or disorderly state—originally referred to food. It comes from the Latin “missus”—a course at a meal— . • from “mittere,” to put (on the table). “Missus” became “mes” in old French and “mess” in English. In England, the word was used to refer to food in general, and then to a mixture of food, particularly scraps fed to ani mals. led to This mixture or hodgepodge of food the use of “mess” to denote a stale of untidiness. The word’s early meaning is preserved in “mess hall,” a place where a company of men eat. FARMS and FOLKS By L. C. HAMILTON Clemson University Extension Information Specialist A Red Cross investigator at the to ^ rm an< i stocks moved up from their Oe- scene told a UPI reporter that, “we are convinced like you that it was poison gas), but we cannot become involved in politics.” In England, Prime Minister Wilson told the House of Commons that he had evidence strongly suggesting that poison gas had been used in Yemen by Nasser’s troops. Believe it or not, the U. S. State Department extended diplomatic recogni tion to the Nasser occupation govern ment just three weeks after it entered Yemen, and before it controlled any ma jor city in the country, a decision which undoubtedly pleased Nasser and the Kremlin greatly. Now ponder the fact that the U. S. State Department has ♦ober lows. It took the President s State-of-the-Unipn 01* 3 farmer - employer is ex- The burden of proof wheth- future records will help him prove” that he was or was eluded from the $1.00 per hour not under the act if, for in minimum wage provisions of stance, the farmer is inves- the new Labor law is upon the tigated two or three years farmer himself. from now. As the law is presently ex- Thomas D. Nolen, Clemson plained, some farmers are Extension farm management covered by the provisions and specialist, has conferred with others are not. Department of Labor officials In and borderline case and studied the labor law to Message, however, to strike the spark of re viving hope. Here was the implication that the Administration would work hard to move money costs down and to make credit more plentiful. No longer would the government rely on the bludgeon of tight money to curb inflation and keep the economy from “over heating.” It would seek the cooperation of the money managers to keep business from being starved by credit and capital short- . , f .„ s „ ages. As for its part, the Administrattoo where an investigation is start- h " d nppf ^ would make greater use of the tax power‘jis e( * t0 determine whether or not a checkrein on climbing prices. a farme r Is in compliance With per e cor ^ , the new law, the chief par- He is sending to county BEWARE EMOTION! ties to the investigation will agents in each county two So enthusiastic has been the stock mafc.~ be the farm er and the inves- suggested forms that, w ire n ket’s reception of the move to easier money , tigator from the Department properly completed, will pro- that many are talking of the “birth” of Labor. vide valid evidence of the great new bull market. Certajn it is that~ These investigators have farmer’s complete employ nothing attracts securities buyers quite so 56611 given V6r y wide discre- ment record throughout the readily as advancing quotations. Further* b° nar y Powers. Their decis- year. . ' For farmers who are on the coming un- the force and effect of law un- der the act and not coming days of labor, excluding mem bers of his own family, cer tain hand-harvest laborers customarily paid on a piece- rate basis and who commute daily from the permanent res idence and who were employ ed in agriculture less than 13 weeks last year, the new law applies to him and he must pay certain workers the min imum wage of $1.00 an hour. A man-day means any day which an employee per forms agricultural labor for not less than one hour. Mem bers of the employer’s im mediate family and piece-rate workers mentioned above are not counted in computing total man-days during the quarter. If during the quarter in which the most labor was used the farmer employed less than 500 man-days of labor, he is presently exempt from the $1.00 per hour provisions. But Mr. Nolen cautions that, in borderline cases especially, the farmer may be called up on at some future time to show his records. Labor rec ords should be on file with the farmer for a period of three years. Good labor records will be a necessity because the farm er - employer may be called upon to prove his “innocence” at some future date. Galling as it sounds, this is the practice that has been fol lowed by industrial employers for many years. Now it’s the farmer’s turn. Your Program Starts Today - For 5 Days „ Thurs., Fri., Sat. and Mon,-Tues. V\£tf P! '"in q \ UWRSAL 9 presents _ ^ COStA*«#«G LESUC JOAN JEANETTE ARTHUR UNIVERSAL PICT & 3:15, 5, 7, and 9 p. m. Starts Wednesday - February 22nd FOR CLINTON — A DISTINGUISHED EVENT (,l OKI I SI I \ I \S I I !l CiRI Ail SI SIOKY I AIR 0 IOI I) ULTRA PWAVISIOn IECHN!i;ClOF • UNHID ARTIST'; EXCLUSIVE LIMITED ENGAGEMENT Four Days Only 2 Shows 3:15 and 7:15 Feb. 22-23 and 24 Regular Admission ■* ™ j u j. ’ more - 11 ‘s reasoned, if tight money caused lons ’ although a kind of “ad- For farmers who an taken no action indeed, has not even the big drop last year, why won’t easy money mimstrative law,” will have borderline between cor ' protested the use of poison gas by the provide the fuel for a sustained rise? the forcc an d effect of law un- der the act and r cooler heads warn that it is hardly t* 1 an d unless the farmer takes under it, last year’s 1 to expect a really..Jizable and sus- his case to court. ords are also impt Egyptians. No sanctions against Egypt have been mentioned by the UN. Rhodes ia, yes. The United Arab Republic, no. Is the United Nations selectively color blind ? Why has the State Department been so strangely silent? Why has the press generally ignored the use of poison gas in Yemen? Where are the protestors and petition signers? Where are the But sensible tained bull market before the late unlament ed bear market has been given a decent burial. Certainly money is easier; still it is s labor rec- important. These broad powers were And for farmers who are given to the Department of expanding (hiring more work- Labor by the Fair Labor ers), the records may be im- neither plentiful nor cheap. The explosive Standards Act as amended in portant in proving exactly turn around from fear to hope smacks more of a swing based on a shift in emotions than on a change in fundamentals. Patience, surely, is the best attitude to adopt toward emotional outbursts in the stock market . . . whether of the 1966 bear variety, or of the 1967 bull breed . CLINTON, S v ,a, THURSDAY, FEBRUARY 16, 1967 1966. - when the employer came un- For these reasons, such der the provisions, things as time books or other Presently, farmers are us- records of the farmer’s em- ing the 500 man-days formu- ployees are of greater import- la for determining whether ance than in the past. they must immediately begin Last year’s records are paying the new minimum needed to help the termer wage. “prove” that he does or does If a farmer during any quar- not come under the act. And ter of 1966 hired 500 man- Oty* (Elintmt (PfnmtrD . July 4, 1889 — WILLIAM WILSON HARRIS — June 13, 19*5 Established 1900 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County — One Year, $4.06; Six Months, $2.50 One Year, $5.00 Second Class Postage Paid at Clinton, S. C. , POSTMASTER: Send Form 3879 to Clinton Chronicle, Clinton, S. C? 29325 j The Chronicle seeks the cooperation of Us subscribers and readers—the pubUsher will at all times appreciate wla« suggestions and kindly advice. The Chronicle will publish letters of general interest when they are not of a defamatory nature. Anony mous commuoicaions will not be policed. This paper is not responsible for the views or opinions of its correspondents. No responsibility is assump) by; the publisher for omission or error occurring in advertisements qr news matter, but correction will be made in the next issue when attention is directed to it. In aa event wtt liability be assumed when merchandise is mM m iwmnteOf advertised price. price. ——— m 1 . '. '-V' — 1 ' ,< i <1 ■■■ Member: South Carolina Prese Aeaociation, National Editorial Association ■■rtf' Nattaud Advertisisf Representative: AMBRICAN PRESS ASSOCIATION „—• New York. Chicago, Detroit, Philadelphia -u. OFFICE SUPPLIES OFFICE FURNITURE OFFICE MACHINES Serving The Clinton Area With Quality Service ■ 1 ——; 2 L & L Office Supply Phone 984-8781 Laurens, S. C. ow to saive: Account, to it ever«j phyctsiy. Yet/ M. S. Bailey & Sos, Bankers Established 1886 Member FDIC Clinton, 8. C. 4Vj% INTEREST PAID ON ONE YEAR SAVINGS CERTIFICATES .V: cjS?I 4