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TH8 CLINTON CHRONICLE true, are inexhaustiWe for inepiration, example and strength. I believe that we are not waving our flag enough, not nearly enough.”—By Sidney L. De- Lov, prominent Chicago banker. 11U1UU ' tfcii iasue of The Chronicle are to be found the advertiaexntiits of many Clinton merchants. These merchants ire, through the medium of our paper, asking for your support. We all realize that thousands of dollars go out of Clinton every year which should and could be spent in our community. All thinking people should consider this matter and keep as much of our money at home as possible. The idea that the slogan, “Trade at Home,” is the despairing cry of a dying community is absurd. Town-boosting Bubson's Psfat at Vww On; THE AMERICAN WAT The problem of any problem is to find the facts. , ****** Give a beggar a quarter a week for five weeks and he will give you a half dozen nasty looks when ypu skip the sixth week. is an art practiced by those live, wide awake communities made so by citizens who believe in their town and support their merchants. The merchants of this county are not asking for nor are they entitled to Inflation Babson Park, Mass. — A year ago every body was talking about inflation. Food prices —especially meats—were soaring. Business was booming. But the stock market was going down. Those who had bought stocks as u s»Viarifv ” If tbev do not offer (roods a hedge against inflation were puzzled, and charity. If t y disturbed. This year stocks have climbed at equal prices, quality considered, smartly in the face of falling production and they certainly do not expect your trade. ra ther flat prices. What has happened to ]f a local purchaser will Uke into con- innation? ^ aideration the service that b s p When we listen to stock brokers, we feel sale made by a local business house, ^ all one has t0 do in order t0 ma k e money the immediate delivery effected, the i S to buy common stocks and let inflation convenient terms often allowed, and take its course. But when the government ,, , .. M if economists discuss the matter, we get the the courteous consideration extended, it lmpresslon ^ to hav( , inflation is bad, a will be plain that “buying at home” has ig good, and a lot would wipe us all out. v4HltOll, a. V/e, A nui suwy, Ai/ni town a mixed number of Jar- in the middle, then into three . (It is impossible to convey tori«c Xr Rritiah & our sections practicaly to fit into the charm of this eye-witness sey tories & British & r modern buglness envelope, account in print. I will give a own toreys came up amongst A ^ of 8ome sort heU ^ photostat copy to the Historic us headed by ferguson (sic). folded paper _ n ot^ stamped Preservation Commission if, Our own true Colonels & hood geal te cauae Mr. James Arm- or when, it sets up ^i museum, officers fled Into the North gtrong was to carry the let- This may not have come from State it a great many of the ^ The address, in double what is now Laurens, but there young men went also. We glzed script fills the middle is a Park’s Station quite near Being left like Sheep among ^ the rr nUri section. It the city; there are Parks bur- wolves were obliged to give readg: ) led from Rocky Springs to Old to them our Arms and take ' Fields cemeteries, and there TO MR. ARTHUR FARR. are ..Q ra n n y Park house LIVING IN CHESTER and spring” a few miles away. COUNTY (Pa) Can any Park descendant FALLOWFIELD TOWN- help me identify this writer?) SHIP 512 Congaree Ave. THESE Columbia 29205 up purtection. But no sooner had we yielded to them bid they set to Rob us taking all our livings, horses, Cows, Sheep, Clothing, of all Sorts, mdney, pewter, tins, knives in fine Everything that sooted them. Untill we were stript Naked, in this home bur young men gathered themselves it some Georgeo men it Gave them three battels but being weak they had always to retreat to the North State altho God wrought Special Miracels by Youth Wants to Know By BANDY GBIFFTTH Popularity is everybody’s to be liked by the whole concern. To be voted the world? Only one kjmi of per- -Most Popular" person In the *»>: «» one who Uunksdeep their hands. 500 of them was senior c i a8S ig the greatest down inside that no one but whipt, by 150 of our young thing that can happen to many no one could really like him men & they brought away 70 people on a close P erson t0 P^son prisoners, then refugson ^ , t of popularity, b, ^ OMlarltv usuallv refer8 t0 marched into the North & Hol- some girls style ^ color Popularity usually refers to ston men came & Joined our , . . dink; to the h* ien dhip on a large scale, few & God by their hand sub- their halr oceoramg U, the yo(j see Bm we ne ed to be That's Different! its advantages. When you buy here, thereby creat- ihg a larger demand, local merchants will be able to increase their stocks of fering a larger variety which can com pete with some of the stores in larger cities. They cannot do this until they have assurance of general local support. Then we talk with some pretty smart bankers, and they just about convince us that Ine best recipe for a real sretch of prosperity is to have all prices tilt gently downward. Thoroughly confused, we ask ourselves: Just what is inflation? After talking with more economists and bankers, we settle for the fact that most people think inflation is simply an advance in prices and a hike in the cost of living. But when we get deeper into the subject we realize that the price climb just has to have a cause. And, indeed, it has some most important and powerful causes. MONEY THE CURE Today it has become fashionable to talk of rising prices as being caused by “cost- dollar Rural Electric Bank to make low- pus h” inflation. Simply, this means that rate loans to tax-exempt rural electric prices can be boosted by the unions demand- cooperatives is unnecessary and unde- in 8 and getting increases in fTf . xt x- , a • x- * greater than the advances m productivity, sirable, the National Association of ^ a j SQ means that higher taxes can cause Manufacturers told Congress recently. inflation. How? By corporations adding the Over 98 per cent of the farms in the amount of the hike in taxes to the prices of United States are served by electricity the £ ^"then. 5 that the culprit be- and many of them are served by invest-* hind in fi a ti 0 n has been found; that all we or-owned electric companies which are would have to do to control inflation Is to hold completely capable of meeting present costs down. Yet a little examination will Rural Electric Bank Unnecessary A proposal to create a multi-billion Stories Behind Words and future needs, NAM told the House Agriculture Committee in a statement saying that “there is no indication that the appropriate functions of rural elec tric cooperatives over forthcoming years would require financing on the scale contemplated in this bill (H.R. 1400).” Instead of shifting the financing of rural cooperatives from government to private sources, such legislation would move toward further Federal involve ment, the statement continued. By WilUam S. Penfield Third Degree There are three principal degrees in Masonry —a secret, fraternal society! The degrees are apprentice, fellowcraft and master Mason. A fairly simple test must be passed to attain each degree. Outsiders hearing a Mason speak mysteriously of having to take the third degree—test for mas ter Mason—received the impression that it was a grueling test. Through popular u^age, “third degree” ac quired the meaning of Vn ordeal, particularly severe treatment of a prisoner in order to extort a confession. -x iew « uua uy uieu imuu auu- lflt st nr « 0 tipp pndlesslv the y0U ." ~~ dued him. Then Mr. Morgan ^ st Vecent dan“ S 7oin any discriminating and choose a Came in wlU, a Small army , thTwUl a^ept .hem and ?o S'f eST Our grand Enemy (Com)wal- . .. , . . f d whethe r also to leai 7 1 t0 , a ! ! Us hearing of it, Came & Di- . . nipreinc eart . or ’ learning friend ourselves. In the last vided his army sending tarle- , P k analysis popularity isn t ev- ton St pict men to cutt off a ^ f « erything. General Morgan, & he to catch S 0 ” 16 ot thc same t h ‘ n ^ s a P- —rw^niTOR’S NOTICE hjc Retreat tarleton came P l y to S 11 * 8 who seek P°P U ' CREDITOR S MOTILE trough our sittilment Burn- >«ity. More often, however, All Persons hav.ng claim, ins some houses & sweeping ln fear of bein S m^ked an against the estate of George alf before himTlay about one <>"• ^ start smok- T. Spcakc deceased are herc- mile nf mv house Thev took in « llke a locomotive, drinking by notified to file the same all my Substance that was ““e «sh and swearing like duly . verif j' d : h ”'‘ h ,‘5i e eb ““f t „ left & next morning set all drunken sailors in a foreign signed, and those indebted to afire at their departure. So P° rt ' said . co marched for General Mor- It’s alright to be liked. But payment likewise. gan’s Camp. The next day the by whom? In a fantastic Battle & God Subdued him. craze to be popular, some indi- Cousin it would be a tedious, viduals do not seem to realize piece to toll you our ups & that no human being can be downs let this suffice. We are liked by everyone. We can’t all weel at present & hope the make the whole world like us. English will soon leave We can’t be all things to Charleston. Dear Cousin let everyone. Anyway, who want^ estate will please make Kathrine Rebecca Speake Executrix 401 S. Broad St. Clinton, S. C. 3c-M4 OFFICE SUPPLIES CHRONICLE PUB. CO. PHONE 833-0541 ~\ show that if there is not a sufficient supply of money around to create enough demand for products at the higher prices, sales will soon decline and profits tumble. This, in turn, will lead straight to a business reces sion. So it may be concluded that, without sufficient supplies of money, all the “cost pushing” in the world would lead inflation, but to recession! RECENT HISTORY AN EXAMPLE ’ No better example of what may happen when the money spigots are turned off*-* irron 17ai ~ then on - can be found than a study of ev*«i. be ™ la " y had no .. Cha " ce . 10 send , any not to. ' - i* Irene Dillard Elliott Writes ... No. 5 A Letter from George Park (N.B.) Dates to keep in mind Country I gladly take it for I the one thing needful never slip out of mind so I Remain your afectionate cousin till Death. GEORGE PARK Remember my Regards to all Inquiring friends. (Thus endeth a legal sized page of beautiful script. On the reverse, or perhaps a sec ond page, is this post script;) My Son is in health and Re members his love to all his friends; he hath two fine Boys. Brother John Joseph died just after tarleton’s Defate. He died near Salisbury & my Son Buried him & Wallice within a mile and a half when he made his Coffin. (There was no envelope, but the pages were folded* once Consult HUEBLE W. ALVIN A farmer can be ever so careful, yet a farm animal on the road, a grass fire, hazardous farm machinery, all make a farmer open to a possible law suit for damages or injur ies. Is there a low- cost insurance that will protect a farmer from such liability? * BAILEY AGENCY M. S. Bailey & Son, Bankers, Building Dial Day 833-0681 — NigHt and Sunday 833-0323 ,Yorktown, Oct. 19, 1781. here “The pressures and temptattions to They cut the money flow from an annual pate use this money to build giant tax-ex-^of_ a dvance of about 8% to the zero ip 1966 and so far in 1967. With living coSfWs'* was threatening to run away and with the stock South Carolina, Craven Conn- nell ie ‘ . have * , th any f ^ 0rr ! marking bumping the 1,000 Dow Industrial ty, Ninety Six District, July 23, y ? u bmce. But t ose fcvii ifyel, the money managers became alarmed., Tlme s win have an End and 1782 I desire to praise Almighty Loving Cousin, having an God that He hath given me Pmnt apnPfMtino- anA tmnlmiaainn fo Effort-term interest rates spurted BoriiHS. °PP ortunit y of Mr - Ja mes my life for a (Illegible) for empt generating and transmission fa- sagged week after week stocks tumble a Armstrong goi cilities which would unfairly compete with tax-paying electric companies would be well-nigh irresistible,” NAM concluded. going to your when the British took Charles- “The president of the American Farm Bureau Federation is urging an end to the wheat and grain subsidy pro grams. This would assist in trimming the federal budget and avoiding a tax increase,” says the National Association of Manufacturers. “It should be rec ognized that a free market in agricul ture, as elsewhere, is the most produc tive market. The direct cost to the tax payers is in excess of $3 billion annually from the control and subsidy pro grams.' >> “Is it posible to wave the flag too much? ' Provided, of course, that you wave it with integrity? Is it possible to study Lincoln or Shakespeare too much? Is it possible to read the Bible too much? The great, the good, the wildly. Money was dragged from savings banks and placed in higher-yielding bonds and certificates of deposit. Mortgage rnoifey^ disappeared, and home building sank to’vih’ lowest figure of the past two decades. When the money managers saw what they “had wrought,” they became scared. In lat<j 1966 they opened the money valves . . . a little, then wider and wider. And they a*e. still at it, fearful that the recent “inventor^ indigestion” may lead to massive “business cramps”! Then the Administration and the Congress got into the “revive business” act. They restored the 7% investment credit apd faster depreciation on certain building. Tie- lay ed public works outlays were also tej&Kl stated to the tune of $1 billion. And. as a final psychological “needle,” the Federal Reserve cut the rediscount rate from 4Vi% to 4%. NEVER FEAR —IT WILL RETURN! Those who have been wondering “where inflation went” may not have to wonder Ipng. The outpouring of funds by the banking sys tem and by government action will soon be matched by perhaps the biggest budget deficit since World War II. As much as $15 billion, and maybe even $20 billion, will be the annual rate of federal-spending deficit by a year fW>m today. If this proves accurate— and we think it is not far from thc mark— inflation will be on everyone’s lips again by spring, 1968. CvOLKfWAQCN or AMERICA, INC. J CLINTON, S. C., THURSDAY, APRIL 20, 1967 Qty* (Eltntmt (Eljrotttrlp July 4, 1889 — WILLIAM WILSON HARRIS — June 13, 1955 Established 1900 PUBLISHED EVERY THURSDAY BY THE CHRONICLE PUBLISHING COMPANY Subscription Rate (Payable in Advance) Out-of-County ; . _ Onie YPar, $4.00; Six Months, $2.50 1-. _• One Year, $5.00 Second Class Postage Paid at Clinton, S. C. POSTMASTER: Send Form 3579 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 commuuicaions will not be noticed. This paper is not responsible for the views or opinions of ii£ correspondents. No responsibility is assumed by the publisher for omission or error occurring in advertisements or news matter, but correction will be made in the next issue when, •tterticz if diroe tad to it- In no event wil liability be assumed when merchandise is ‘ mU ML teeitfretitty ndrertiaed price. Mem her: South Carolina Press Association, National Editorial Association AMERICAN PRESS Af National Advertising Representative: LATION New York, Chicago; Detroit, Philadelphia , V> ■xV T" It comes in three economy sizes. These are just some of the sizes Volkswagens come in. Regular, large and giant economy size. The one on the right, our big bus-like box, and the one in the center, our medium sized Square- back sedan, ore only about 7 inches longer than the beetle. But don’t let their size on the outside fool you about their size in the inside. Just open a door and you’ll find enough room for more than enough things. Then there’s the familiar bug. While it’s not as big as the other two Volks- 'wagens, it has plenty of room for 4 people and a small dog. Plus a suitcase for everybody but the dog. All three Volkswagens do everything you ex pect from a Volkswagen. Except look silly. One of them (the Squareback) looks exactly like a car. They hav 1 ® air-cooled engines in the rear that won’t freeze up in the winter or boil over in the summer. They won’t use any anti-freeze and are very easy on gasoline. (The bug and the Squareback average about 27 miles on a gallon of gas. The box about 23 miles.) And they all go about 35 to 40,000 miles on set of tires. So you see, no matter what size we make VW3|j| [they’re all pretty economical. Why not come in and size one up? LeRoy Cannon Motors, Inc. @ South Church Street Extension GREENVILLE, S. C. 29665 AUTHOftIZie CEAlM The Art Musselman Basketball School Presbyterian College Clinton, South Carolina EXCELLENT FACILITIES—OUTSTAND ING INSTRUCTION — MINIMUM COST AIM OF SCHOOL The purpose of the school is to teach youngs boys, ambitious to play better basketball, the finer points in the fundamentals and techniques of the game. REQUIREMENTS FOR ADMISSION K _ /■ ■ -i The school is open only to boys who have not graduated from high school. Four age groups: 10-11; 12-13; 14-15; 16 and over. GENERAL INFORMATION • j (A) Time of Arrival — Players should arrive 9:00 a. m. bn the mornings of Juljn 10-14. Registration will be from 9:00-10:00, July 10. Devotional and instructions will begin at 9:00 all days thereafter. (B) Facilities Furnished — The basketball school will furnish sandwiches and milk at lunch, balls, films and six playing courts. Free swimming will be available after scheduled classes. (C) Expenses for the Week — The fee for the week will be $15.00. The check should be made to The Art Musselman Basketball School and mailed with your application. V v- (D) Address your request for application and any inquiries to: The Art Musselman Basketball School Presbyterian College Phones: Office 833-0705 Clinton, South Carolina 29325 , - Home 833-1131 The Art Mussebnan Basketball School Presbyterian College "Clinton, South Carolina 29325 Name Age x Address (city) (state) (zip code) Phone