The Camden chronicle. (Camden, S.C.) 1888-1981, April 09, 1943, Page PAGE FOUR, Image 4
?ljr (Sainton (Sljronirlp
1109 N. Broad Street Camden, S. C.
PUBLISHED EVERY FRIDAY
JNO. M. CANNON Editor
SUBSCRIPTION TERMS:
All Subscriptions Payable In Advance
One Year $2.00
Six Months 1.00
Entered as Second Class Matter at the Post
Office at Camden, S. C.
All articles submitted for publication must
be signed by the author.
Friday, April 9, 1943
FLAGRANT HYPOCRISY
Public ownership of electric utilities,
which is being promoted by the great taxexempt
Federally-owned power projects
such as Bonneville, TV A, and others in
all parts of the country, is going to be a
snare and a delusion to many unsuspecting
communities.
The minute a privately-owned electric
company is taken as a government or
municipal project, it is no longer subject
to the regulatory or tax laws which apply
to all privately-owned electric companies.
Taxable assets of that community are
removed from the tax rolls, with resulting
tax loss to city, county, state and Federal
governments, which must be made up by
other taxpayers.
The Oregon legislature recently moved
to tax publicly-owned utilities. The
howl that went up from the municipal
plants was ridiculous. The manager of
the principal municipal plant in the state
wailed that such a measure would cause
an increase in his rates of 20 per cent,
although he would still enjoy total exemption
from all Federal taxes.
What line of business couldn't cut
rates if it* were exempt from state and
Federal tax bills? Tax-exempt parasites
add to the load of every other overburdened
taxpayer.
If public ownership (socialism) can
competw with private enterprise on a basis
of equality, why does it so strenuously object
to paying its .just share of the cost
Of government, the same ;is any other
American citizen or industry?
THE PRICE OF FREEDOM
Everybody wants freedom. "Freedom"
is a popular won!. But. as Eric
Johnson recently pointed out in an article
in Reader's Digest entitled "Your Stake
in Capitalism," you cannot have freedom
unless you also have "capitalism." Capitalism
is as unpopular as freedom is popular?and
therein lies the danger to freedom.
It has long been good political strategy
to talk about freedom and damn capital
in the same breath. Under such inconsistent
reasoning our lawmakers have enacted
much social legislation designed to
enhance the freedom of the individual by
establishing wage and hour standards and
other economic safeguards, while at the
same time passing Ihwh which destroy
capital ami threaten the very freedom thew
profess to uphold.
Capital is accumulated saving* which,
put to productive use by private citizens,
supplies jobs and opportunities. When
private citizens are prevented from accumulating
capital and using it to create jobs,
private jobs dn free enterprise gradually
cease to exist.
As Mr. Johnson observes: "... A
great many people?in polling booths and
in legislative bodies?have thought that
you can tax business just as much as you
like and still have 'free enterprise' and
1 ' the 'American way of life.' You cannot.
Just suppose that you taxed all new savings
and all new profits and all new capital
out of private hands into the public treasury.
W>hat would you have left to be the
creator of new jobs? Only the govern- ,
ment. Only the totalitarian state ... We
stand at a solemn parting of the ways.
Our business leaders and our labor leaders
want freedom . . . But what is the
price of freedom? I say it is the capital
with which to operate capitalism. Theword
is capitalism."
Freedom will be lost unless we recognize
the truth of Mr. Johnson's words.
HEALTH AND SOCIALISM
Northwestern University 'has just published
a report, based on an exhaustive
study made by members of its staff, of
compulsory health insurance in the United
States. ,The report should be read by every
American citizen. It warns of dangers inherent
in social schemes that envisage government
as the sole dispenser of medical
care at the expense of the general taxpayer.
It stresses tihe need for treading
cautiously lest in a hasty grab for Utopia,
social and economic progress be lost and
medical standards irretrievably lowered.
In its practical application, compulsory
health insurance reverses the normal
doctor-payout relationship. At present the
patient is anxious to get well and get back
to work. The doctor too is anxious to
secure quick recovery for his patient, lie
knows that big doctor bills and lengthy
illness do not contribute favorably to his
reputation in the patient's mind. Under
compulsory health insurance, L'he patient
is paid by the government (taxpayers) for
being sick. The longer the sickness, the
more he receives. A "good" doctor is
liberal in certifying clients as eligible to
receive cash benefits. On the other hand,
an ethical doctor often arouses the antagonism
of clients by refusing unjustified
benefits. Under the pressure of "free
money" t'he integrity of patient and doctor
inevitably deteriorates. This is a fact
borne out by experience in nations having
compulsory health insurance.
Aside from a tendency to lower medical
standards, compulsory health insurance,
if adopted, would be one more irrevocable
move toward socialism. Its advocates
openly admit that it is but a short
step from there to total government dojninaton
of medicine. Socialized medicine
would result in a vast expansion of bureaucracy,
and human nature being as it is,
the doctors themselves would be forced to
| become politicians as a requisite of success.
No longer would medical skill be
the sole criterion of advancement.
WAAC Recruiters
Here Next Week
The Army Recruit ing Service will
open ;i WAAC Recruiting Office In
the Red Cross Booth m front of 'he
I'ost. office building Monday, and remain
through Saturday in charge of
this unit is Sgt I'atil McRrtde. ac
t( > 11111.1111 ii I hy t'pl Martin V Mrlnkiey.
liotn t!o Ihstrh t Recruiting and In
din tu>n I loadituartois in Oharlo'tc
Tin- K?'< ruil ing otlicers will ho jo :t><l
11> a member of the WAAC IC-cmiting
Stalf from Port Jackson.
Tin* WAAC lias been ordered an e\
pansioti <>f from L'.Vmii) members t<> tho
l ull st r e n g t h of 1 50.nun members as
autliorr/'-d hy I'nnnross. In this new
itu r?-as.- thorn arc over Pt.uuo open
inits for officers. All WAAC officers
are taken troin the enlisted ranks In
addition to the officer ratings open
there are thousands of openings for
specialists ?>f all types Pvery wont at
enrolling in the WAAC has an oppor
t unity to seenro one of these wellpaying
ratings in a vory short time
The ?|tin 1 ifii at ions lor enrollment in
the WAAC ar.' lie a woman eitl/ei:
of the Cuited States in good mental
and physical condition between fh<
ages of 21 through 4f? Married women
are el.gihle if they have no children
under II years old Wives of
service men are eligible for enrollment
and upon enrolling their allotment is
continued l!v joining the WAAC. the
w ife of a serviceman does not lose
hep monthly allotment
Women who nr.- interested in the
WAAC ar.* urged to con'ai t tin
WAAC Bet rutting Officers at the re
cruiting booth any day next week
Missing Mortar
Found At McBee
The bundle containing a 21 milli
meter mortar that was lost from a
transport plane In the flight fron
Port Bragg to Camden on Monday
March 29. has boen found
.J C King of McBee, has reported
to tlie Camden News Service that th?
gun was found on the farm of a mar
named Moving noar the Pnion school
which is about five* miles from Mr
Bee.
The Camden News Service has noti
fled the parachute division officers at
Fort Bragg who will arrange to secure
the mortar from Mr Mozing.
MAYOR McCORKLE SPEAKER
AT KIWANIS MEETING
TIim Kiwanis club held their weekly
meeting Tuesday noon at Thomas'
Tavern with IS members present. Dr.
Charlie Sowell was in charne of the
proKram and introduced his speaker,
Mayor K M. MrCorkle, who spoko
on "English Speaking People Are the |
Leaders of the World." A brief talk
was made by Rosooe K. Stephens of
Columbia, on the coming Hoy Scout
drive. Additional guests were: Dr.
B B Vincent Lyon of Philadelphia, *
1/t. BenJ. Clettys, Uoscoe Stephens.
Kiwanian Jeff Bates and Kiwanlan
Mill all of the Columbia club.
IK Til F. I \ H FL 1 S
T II h II \ T IS MIGHT
KNOX
KNOX "PERSONALITY" LIGHTWEIGHT
$5
In limes like Ihese you'll welcome a hat as fine
as this, as rakishly smart, as light, comfortable,
and lasting, and with the shape-retaining welt
edge ... at such a price. And, believe it or
not, this hat bears the famous Crest of Knox.
[ /TTr// K
1 Department Store
^ CAMDEN, s. c.
r ffi mrtlf03"!
\ Xjs T- V. OLOABIA WON HER ,
V independence. r?cvAt>PAiN
IN I&ID UNDER LEADERSHIP OF
' ''^^ ^ ?3^A
NEARLY . TH?S AT ^ 5 toTO^ vV'-Jt
FEET RICHIE TMtSg. ' TMB REPUBLIC IS THfc WORLD'S -'Ajy
CAPITAL AND ONE ?? PORTO SECOND LARGEST PROOUCfcR Jjjf
J OF TME GREAT |P COLOMBIA OF COFFCC A PRINK NOW 1
I Cultural cemcwfr is Closer to more than ever^tdq^^ /
I OF the NEW worldV New York than good to waste';-#^ l
|Has more eooKs^^fmHtR
t PLAZA 0 BOtlMAA BOGOTA y,
The Fourth Estate
Conducted By
JNO. M. CANNON
HISTORY IS TOLD IN THE WANT
ADS
When the historian of this period
collects his material, he probably will ;
turn to the ureal speeches, the communiques.
the literature, the songs,
and. certainly the excellent, file of
photographs that is daily accumulating
No other period has had such
a complete and lucid mass of material
upon which to draw Itut ho should
not overlook the hunmble "Want-Ads"
in the n nr pages of our newspapers.
The American story of lh-13 is set
forth there* succinctly (llance at today's
newspaper, and you will see,
set off in the black border that costs
extra and denotes special urgency, nds
offering employment to machinists:
".Modi tit plant, ideal working conditions.
near city, highest wages." Simi
lar appeals to pattern makers anil
toolmnkers tell of the acme need for
experts in manning democracy's
arsenal.
A near-by appeal interprets another
side of today's industrial dislocations.
"Automobile Salesman, Attention!" it
commands. Those salesmen now out
of work because of auto-rationing are
invited to lake a fling at selling encyclopedias.
There is dvmund. too.
for "I'sed Car Mechanics." I'nable
to buy new cars, owners must have
"the old bus" repaired.
The historian will note that in one
newspaper there was sufficient "Male
Help Wanted" ads to fill two columns
and enough "Female Help Wanted" to
fill one column.
Help Wanted
Whether employers have simply
abandoned hope of selling the idea
that women's place is in the home,
or whether the demand is declining,
we do not know, but there are very
few Domestic Help Wanted ads; and
those, ror tne most purt. are . |
mothors' helpers." These ads
to vie with e*ch other In offering? i
tractive terms: "Own room wta i
hath, no laupdry, koo<I wakt*( |
child." rends one taken at random |t I
doesn't say whether the bath u
whether the child has a sweet dUpQ. \
sltion, nor does it define the tuarglm
of the word "Good" In relation t0 ^
salary. Hut It does appear that aq
effort was tuado to see that the hejp. j
er was kept happy, as well as busy
One bit of national self-revelation u
given by indirection. One of i
fountains of American strength iH tii? *
desire t?r its people for improvement.
So. in one column you will read the 1
classifications of workers needed, ana i
in the next you will see the adver-"l
tisi-nu nts of schools ready to lrH|(J .
the aspiring to fill the jobs
The philosophor-histoWuu win ^ }
able to comment; too, about the dif. j
ficulty of defeating a versatile people. \
Wants?For Sale |
Received too late for regular columns
FOR RENT?2-room apartment, close ;
In. Privato bath. Privato entrance
Call 1 f?G or 357j\V.
WANTED?To trade 1938 Plymouth
coach with good tires, for 1937 or J
'38 or later model coupe, or will 1
sell Can be seen at John Lang. 1
fords Service Station. 3P4 1
?M<???Z\
STORE |
We compound Prescriptions.
And we are proud of it.
We have no quarrel with those
tores that feature a wide variety
of general merchandise, for
they do have their place. But
our policy is, and always has
been to put the accent on \
PRESCRIPTION DRUGS.
The compounding of prescriptions
is our primary interest.
And because we handle
a great many of them, our
stocks are uniformly fresh
and potent. On our shelves
are many items rare and difficult
to obtain. That's why
physicians direct patients
to bring prescriptions here
for accurate compounding.
DeKALB PHARMACY
Phone 95
To The Public: I
s
Following- our usual custom we publish herewith a statement j
showing- the condition of our Bank as of March 1st, 1943?the
end of the quarter. Then, by way of comparison, and of interest,
we believe, a statement as of March 1st, 1938?just five
j years ago. Once again the officers and directors of this institu- |
tion extend our sincere thanks and appreciation for the busi- j
ness entrusted to our care.
Statement
l! of the
COMMERCIAL BANK OF CAMDEN
Camden, S. C.
March 31, 1938
j RESOURCES
Loans & Discounts $ 137,348.82
Bonds owned by Bank 231,115.48
Other Resources including
Stock in Federal Savings &
j Loan Association 10,000.00
i Documentary Stamps 204.42
Cotton Producers Notes .... 9,951.31
ij Furniture & Fixtures 2,439.43
Cash & Due from Banks ... 224,965.01
! $ 616,024.47
>;! LIABILITIES
j Capital $ 30,000.00
Surplus 25,000.00
i Undivided Profits 7,256.16
Bills Papable None
] Deposits 553,768.31
j! $ 616,024.47
Statement
of the
COMMERCIAL BANK OF CAMDEN
Camden, S. C.
March 31, 1943
RESOURCES
Loans & Disc6unts $ 306,154.28
Bonds Owned by Bank 466,375.00
Other Resources including
stock in Federal Reserve
Bank 17,700.00
Documentary Stamps 458.44
Cotton Producers Notes .... 2,946.26
Furniture & Fixtures 2,986.31
Cash & Due from Banks 758,818 89
$1,655^439.18 \
LIABILITIES
Capital $ 60,000.00
Surplus 40,000.00
Undivided Profits 10,055.68
Bills Payable None
Deposits 1,455,383.50
$1,555,439 18
?+
The Commercial Bank of Camden II
MEMBER FEDERAL RESERVE SYSTEM
MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION j
? DIRECTORS ? II
W. ROBIN ZEMP JOHN WHITAKER, JR.
K. C. ETTER8 HENRY SAVAGE, JR.
J. COOLEY QILLIt HENRY Q. CARRI80N
F. M. WOOTEN ' I
s H