The Clinton chronicle. (Clinton, S.C.) 1901-current, April 20, 1967, Image 10
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)
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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
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