University of South Carolina Libraries
'Cisr> ^AOE F.0\JW THE CAMOEN CHRONICLE, CAMDEN, SOUTH CAROLINA, FRl|>AV, OCTORER apsBs ^ ^ - 1M4 SItfe (Satniirn (SlirattuU 1109 North Broad Street PUBUSHED CamdeQ, S. G. EVERY FRIDAY DhCOSTA BROWN Publisher One Year SUBSCRIPTION TERMS: All Subscriptions Payable In Advance 42.00 Six Months - 1.00 Entered as S^ond Class Matter at theuPost Office at Camden, S. C. All articles submitted for publication must be signed by the author. Friday, October 20, 1044 Pensions and Social Security HYMN .OF ALLIED UNITY Almighty God, whose will alone -Abides through time a changeless throne, Our storm-tossed nations, like the sea. In tides of prayer turn unto Thee. Lead all our peoples by Thy might; Inspire our armies by Thy right; We consecrate our hosts to Thee “servF humanity. Uphold our allies—may we stand Steadfast in faith at Thy command. Lead us as one, that we may save The holy birthright Heaven gave. Freedom to call Thy skies our own; Freedom to reap what wf have sown; Freedom to keep our hearthstones bright By love’s pure flame and faith’s clear light. Give to our arms, 0 Sovereign Will, Conquests of good suppressing ill; -Not provinces in thraldom bound. But lands made free as holy ground. Grant to humanity Thy grace. And let the glory of Thy face. Through truth acclaimed and victory wHin, Shine on a world" whereutrlfe is done; —^Ernest Warburton Shurtleff. WHATS THE DIFFERENCE? ^ The other day I heard a friend whose judgment I value, say “Most of our troubles, at home as well as abroad, stem from the fact that we don’t like anything that is different.’’ Take the prosaic question of food—though as one who prides herself on her cooking, I resent the imputation that food is proMic. We are set in our tastes by what is familiar. My little assistant can’t understand my fondness for frogs legs—but doesn’t see why anyone doubts that salt roe and scrambled eggs are the perfect breakfast dish. Remember the complaint of the British Tommy about caviar—“The bloody jam tastes of fish!" So it is with people. For example, there is the famous story of the Englishman who lived in Paris for twenty years without learning a wK)rd of French—he “wasn’t going to encourage them in speaking their silly., language.’’ The poor man rails at the sins of the millionaire. The rich man looks at the poor as a weakling. Labor is suspicious of capital. Capital fears the strength of labor. You can carry this on indefinitely. We are too apt to try to make ourselves big by belittling others. Instead oi frankly and'freely admitting that we have a lot to learn that other people might know, and remember ing its correlative thought that maybe we know some thin^ that it would do them good to learn, we shut ourselves up in a mirror lined room. We need to discard the mirrors, open the windows and see what is outside. No group is perfect. No group has all the knowledge. ’This r^entment of difference is not just a resentment by the majority. The minorities are just as quicl^ to condemn or resent any difference on the part of the majority. Let us face this problem of differences with some in- None of us can know too much. None of us but Roger W. Babaon Ducomm Effect* On Inveatments. Babeon Park, Mass., Oct. 20.—Many business men and Investors are be coming frightened at the thought of the huge pensions, etc., with which the nation will be burdened after the War. In fact, Harry L. Hopkins, the Fresident’s closest advisor, in the current Issue of “American Magarine” calls also for more benefits and bon- usea. Instead of suggesting a general tax reduction, he demands lifting all taxes from those in the lower brackets and increasing minimum wages to SO cents an hour. Certainly, this will not encourage business men to enter new ventures and employ more people. When the price controls and the excess profits taxes are removed, most business men can pass on a good portion of their taxes. This, however, cknnot be done by those who .have retired from active business except through a most careful selection of investments. What are the invest ments by which investors can .com pensate for these Federal expandi- tures for pensions. Social Security, relief, etc.? I believe' that one answ lies with putting money into guoi merchandizing stocks. people - who—are to get veterans or old-age pensions and. In fact. Social Security, will not save the money, but will immediately spend it at the food, variety and chain stores in the neighborhood. Hence, one way for Investors to protect them selves is to own stocks in these stores. Instead of fighting pensions, benefits, Hopkins’ minimum wages or Hillman’s labor union rates, it may be safer in the'end to let the politicians give this money to the people and then collect it back again through the stores at which they trade. But there dre other reasons for bay ing good chain store stocks beaidas those.above given. Consider the fol- Jpwipg: 1 telligence, , who can- l^ATB from, others.. NQDC_pf us but who . which the merchant need not corstd- thinw tn wivp in exchanire ®t‘. He is Th a position to sell v How about it? The next time you run up against a ' “different" person, can t you say “Here is my opportunity. factored. Tou never can tetl—maybe you’ll teach him as nratilf as he will teach you. If you analyze the statement with which I started, you -find it boils <iown-i»^-^We rioht 4ik€ what we don’t know-” In that lies the adlution-_ Ji.nowledge is the key to under standing. It’s hard to dislike someone you know well.—By Ruth Taylor. POTENT STATEMENT P. Richards that not appreciated The statement of Representative J. American expenditures on the war, are abroad seenis a potent one. All of the blame cannot be ascribed to willful lack of "appr^iation on the part of Europeans. Part of the blame must go to the fact that we did not see to it that Europeans Very few of these merchandising chattis have bonds outstanding and a number have no preferr^ stock. I like best common stocks which are not Tjrecedetf by either bonds or pre ferreds. * i&r-* uMifiy Oi Tuv CfiStfi otor© sloow-- are selling for not more than their book values. . If we are head^ for further New Deel Interference with business, book values are an Import, ant factor to consider. 8. Most of the chains rent' their stores and, hence, are not tied down, like a manufacturing company or a large department store, to one spot. They can move when, as and if de sirable. 4. These chains have a fairly low labor cost, but any wage increases will apply also to competitors. Hence, the labor expense is not an Import ant factor. 5. A good merchandiser can llqui- date quickly if necessary. Some of these merchandizing companies might well be compared with a good bank or fire Insurance company—as far aa their assets are concerned. 8. If some state enacts taxes which are too severe, a chain can qnlckly move out of that state as leases be come cancelable. I know of certain cases where they have started to move and the legislature has repealed the txea. 7. Merchandisers pass along Fed eral taxes~hy adding Them to' the price of goods. If there is not a profit in carrying certain merchandise, the ■tores will aot carry such merchan dise. In fact, I believe that moat taxes are ultimately paid by those manufacturers or wage workers who are tied down to one lodkJlty, not by the store keepers. S. Various new inventions, pro- cesses and producti are coming on tbe market after World War 2. 'This will be beneficial to many Industrial con cerns. but will be harmful to many others. This is a problem, however. were “educated.’’ That is, to put it frankly, that we needed an international publicity agency to give Europeans a true picture of our country. The same need exists today and to- morrow,-;—The State. CHOICE OF READING. A visitor to General Eisenhower’s office reports that the Allies’ supreine commander has only two books on his desk, anfl Raflnra’ Pmvpr 'Rook” and “Hitler’s Gen- “The Soldiers’ and Sailors’ Prayer Book’’ and “Hitler’s Gen eral." There is something very direct, very confidehce-in- •piring in the generals choice of reading. It bespeaks an uncluttered mind absorbed in essentials. As another vigorous and successful general named Oliver Cromwell once advised: “Trust in God and keep your powder dry.’’ An old-timer opines that if Mathewson were still around, and pitching against present batting orders in baseball, the opposition would owe him a couple of runs. Hitler said Hie Naxi order in Europe was good for 1,000 yean. But his liberated captives are now saying it didn’t seem a day over 800. In New York, the “Hobo News" has bought and settled down in a permanent home. Though hardly professional, it is perhaps ror the best. Who knows: The dinosaur might have survived if it had had a guiding intelligence at the wheel, like the bull dozer. The m^fcliahdfclhg sibclfg'yk^ "'' well and most of them are Hated. The chaina cover large arpaa and many atatea. Hence, they give an Import ant geographical dlveraificatioi}. IQ. Merchandizing atockn ahould not be harmed by inflation. Of course. In a bull market everything goes up, while in a bear market everything goes down, but after World War 2 we may not necessarily have either a bull or a bear market, but rather a selective market. Don't ^rite me to make aelectloi for you. Here is a simple rule to Hom Raeady far ReSaiiqi Ntarias tif CHILD’S COLDS The modem external treatment most young mothers use to rdkve dboom- forts of children’s ool^ ... muscular sormss or tightness, coughing, irri tation in upper bronchial tubes... UVkksVapo- . Rub.Sonuytouse. VoQ just rub it on—and right away blessed relief starts to come aa VapoRub .,. to upper bronchia] tubes with its^xdal medidnal vapois chest and back surfaces like a warming poukioe KentMiOefgTo ^nd Season Ib Hie Robinson Horn IN THtSE ms THE FUTURE IIES- 'In^. coufi look ing, courageous, they train for days to come, with .Camp Fire Girl, Girl Reserve, Girl Scout and Boy Scout organizations. Robert Is Well Liked By G. I. Joes Service Men Ask JFor Genial Colored Caretaker At ‘ The Clirib. Robert Holoman.f the tall colored chap who la caretakar at th&Rervice 'Center, is much liked by all the do.ughboys, sailors, msiines and oth ers who come to the Center for week ends. Robert has been with the Center ever since. it was started on Rutledge Hlreet and has become a 'great friend of the service men. When the service center was moved from Rutledge street to the present quarters on DeKalb street, one of the first questions the service men from Fort Jackson, Shaw Field and other points who have been frequent visi tors to Camden, asked was “Is Robert here?” * Kit Bags The Red Cross service room has been asked by the army to fill a large order oLklt bags and>ws'are short of persons to make these bags at hcme. Anyone wishing to help us with this work, please phone Red Cross head quarters, 96. follow: Make a list of the chains operating in or near the busiest cor ner of your city. ‘ TVke the list to your banker and have him check those whose stocks are listed on the Big Board In New York City. Then visit and compare these stores yourself. Buy the stock of the store which you think to be the best operated, I thdnk all will be in excellent ilhanclal con dition. If you believe that two or three are equally well operated, then divide your money among all of these. Diversification never harmed anyone- JlillKZE (TbyMecaln) roi TKTHING INFANTS AND SORE GUMS Aril y*«r Dtvggitt- . •r writ* •ndotlnp 35^ VELVET PRODUCTS CO. IINmIiHm* Nsw Y»Hi 7, N. V. It has bten aanounced that v Mrs. Kent MOIer of Loulsvli^’, and Aiken, have leased the Rshk home on Lyttleton street aH" make Camden their home dum,. coming- winter aeaaon. ^ The Millers are the owner. i ridge, one of the leading steenWi horses of the nation. They ^ thuslastlo^ over eqneatrian are Mthl and wUl be a welcome addttloTtr Camden winter, colony. ** Eire has prepared plans forno.* development of its vacation Napoleon was called the of Europe. , r Dp you know about the crusade to lotoer the cost of hearing' ........ •.. ^ • If you And yourself strainin 1 bear... if you can’t "get” all tbt' ■aid at home, at business, at tku trea or abdal gatherings, you one j to youreelf to try this sensstioai new hearing aid. At ita low prio^ j ia helping riiouaands who could m “afford” to hear. Let your own eii decide—you will not be pressed to bs) New Radionic Hearing Aid towm.tm pkU wits rMbsi *mU». cryital mim Ml* tOM«MNMa UriM aad MtNr areak. Liliw Z*nUk$fi»m Atetpttdiy AjMTwmild- kml Amoeiation Caumil m Pkytieal Ttmaff W« Inofte You— CoiM In for Dementtratho De^lb PhamuKj PlbOM 96 Announcing... m OPENING IN CAMDEN Of The At 530 E. DeKalb Street - (Hiposite Camden Theater — 'I SPECIALIZING IN Auto Accessories Home Appliances Often by morning most of the misery of the cold is gone. Rtmember thk... ONLY VAPORUB GIVM Yoi this special penetrating'Stimulsti^ aetkin. It’s time-ccMed, home-proved^ the bme known home icm*A edy for idicvihg%#ICKB «oiucries of colds. W Bii^ydes and Parts Radio Supplies Electrical Supplies Sportmg Goods VMT OUR TOYLAND •Toys •Games • Baby aiid Doll Bngri^ •Dolb| and piany other toys to delight the kiddies. WE GUARANTEE... Every tranaactioii moat be entirely aatiafackory. Eacb article ia abaolutely guaranteed. ^We apprec^te your patronage, and if there ia anytbing about yov pnrehaae Hiat u not correct, pleaae report anme to ua^d we will gladly make Tbia ia of do ing buiineai and we want to have you at one df oaM* N • SeutlHiFii Auto Associate Store C. B. RLYTHER, Owner and Manager