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THE NEWBERRY SUN FRIDAY, APRIL 2g, 1948 1218 College Street NEWBERRY, S. C. 0. F. Armfield Editor and Publisher PUBLISHED EVERY FRIDAY Entered as second-class matter December 6, 1937, at the Postoffice at Newberry, South Carolina, under the Act of Congress of March 3, 1879. SUBSCRIPTION RATES: In S. C., $1.50 per year in advance outside S. C., $2.00 per year in advance. COMMENTS ON MEN AND THINGS BY SPECTATOR Congressman William Jen nings Bryan Dorn has announ ced that he will be a candi date for the United States Sen ate, for the seat now occupied by Senator Burnet R. Maybank. And there may be other candi dates. Mr. Dom voted against the six billion dollar bill for buying off Communism. So did Sena tor Olin D. Johnston. Mr. Dom also voted against the bill for tax reduction, explaining that the politicians plan to put on more taxes after the presiden tial election. Many agree with Mr. Dom and .Senator Johnston about the futility of pouring out billions for Europe. It has the flavor of appeasement. Perhaps the billions we throw away are billions that those people might well have earned for themselves had we not stupidly blundered in our course in the years fol lowing hostilities. It seems clear that America is paying an enormous price for the po litical jockeying of recent years. Of course there will be men who will declare that this is the surest method for promot ing prosperity. Congressman Dorn’s vote a- gainst tax reduction may be an expression of poltical honesty, as he implies, but he ought to know that this nation is Still being operated on a scale of unbridled extravagance, and that the tax reduction of four billions is less than the savings which could be made through reasonable and rather mild re trenchment. Briefly, we seem likely to have a surplus of seven billions; we are giving away six billions; we are re ducing the taxes four billions. But it should not be difficult to reduce the Federal spending ten billions. If the nation should have a deficit it might argue strongly for reduced spending. Nothing short of a calamity will bring* about the reigm of common sense in public spend ing in Washington or in the State House, here in Columbia. The Florida Democratic Club is sending out literature a- gainst the Truman program and urging that Presidential electors vote for some Democrat other than Mr. Truman. I quote from the leaflet sent out; “The grave dilemma in which the South now finds herself and the deci sion which her people must make involve one of the great est problems of present-day America. The people of the South cannot afford to be sub servient to false party leaders. Your vote will be the deciding factor: Therefore we must pledge our active support to a solid slate of delegates to the Democratic National Conven tion and a solid slate of Presi dential Electors who will up hold our true Democratic prin ciples. Race riots and racial distur bances have occurred in New York, Chicago, Detroit, Spring- field and many northern cities where mingling of the races is permitted, and the negroes have been used and abused by con niving political bosses. No real race troubles have or do exist in the South. The white man and the negro have lived in peace in the Southland since the end of carpet-bagger re construction days. Should such legislation as the “Civil Rights Program” be enacted, it would destroy States Rights and in dividual liberty, promote race hatred, confusion, dissention and chaos in America to the detri ment of all the people.” The Florida bretheren submit a ticket. Here it is: “The follow ing resolutons were unani mously adopted by the Florida Democratic Club in Jacksonville March 17: BE IT RESOLVED BY THE FLORIDA DEMOCRATIC CLUB: 1. That we condemn as desert ers of the Democratic Party Harry S. Truman and all other false leaders who have par ticipated in the promotion of, encouraged or endorsed the mis named “Civil Rights Program. 2. That we sponsor the election of a solid slate of delegates to the Democratic National Con vention and a solid slate of presidential electors pledged to cooperate with other Southern States and true Democrats of the nation by an appropriate means necessary to rescue the Democratic Party from these false leaders. 3. That we hereby draft Gover nor Fielding L. Wright of Miss issippi, one of the outstanding southern leaders against the so- called “Civil Rights Program”, of Governor J. Strom Thurmond of South Carolina, or Governor Ben T. Laney of Arkansas, who have been leaders against the “Civil Rights Program” in the Conference of Governors, or Senator Harry F. Byrd of Vir ginia, Senator Walter George or Senator Richard B. Russell of Georgia, Senator John L. Mc Clellan of Arkansas, or Senator Tom Connally of Texas, or any true Democrat who may be agreed upon by the Southern States, as a Candidate for Presi dent of the United States. 4. We urge all true Democrats of Florida to vote for and ac tively support the election of the candidates for delegate pledged to a true Democrat for President, and, thereby, demon strate to the South and the nation by overwhelming pri- First Post War BOND DRIVE Is Now Duller Way “The most valuable business property III ever own i t 99 “I believe in good, sound business methods —for myself as well as for my factory. “I know that, just like my factory. I’ll last longer with good care and maintenance. And, just like my factory, I’m going to get older and wear out. But I can’t replace myself. “That’s why I’ve set up my personal amortiza tion fund. When my earning power begins to taper off, it isn’t going to bother me—be cause my regular, automatic investment in U.S. Savings Bonds will begin to pay off then.” • • • We’ve all got to face the fact, sooner or later, that we grow old. The sooner we face it, the better we can plan for our financial security. For most of us, there’s only one way to be sure of that se curity—through systematic savings. And today’s one best method of saving is through the regular, planned purchase of U.S. Savings Bonds. If you work for wages or salary—you can sign up for the Payroll Savings Plan where you work. If you are in a business or profession and have a checking account—you can sign up for the Bond-A-Month Plan at your bank. Whichever plan you use—your savings are regular and automatic. And in 10 years you get back $4 for every $3 saved. And today, wise saving is even more impor tant because it does its part to stabilize the economy. Every dollar saved means one dollar less in the market, bidding up the price of scarce goods. WISE DEBT MANAGEMENT Every Bond dollar that is built up in your Government’s Treasury is used to retire a dollar of the national debt that is potentially inflationary. America’s Security Is Your Security SECURITY Newberry Creamery Odorless Cleaners G. B. Summer & Sons Lominicks Drug Store Newberry Monument Co. R. M. Lominack Hdwe. mary vote that the Democrats of Florida are opposed to, and by their vote repudiate, the false leaders of the Democratic Party.” The Mississippi Democrats, and their Arkansas associates, are inviting Democrats to a great rally in Jackson, Mississ ippi, May the tenth. Before that time there will be a caucus of Southern Democrats in Atlanta. The Aiken Standard and Re view carried a page advertise ment of the Graniteville Com pany that caught my eye. Many publish statements of receipts and expenditures that tell the stockholders and the public just what becomes of the money received. The railroads began that practice, as I recall. This big concern of the Horse Creek Valley tells us that it sold cloth to the amount of $42,827,- 000 last year. Well, what be came of the money? Here is the answer: for wages, $9,794,- 000; that was 22.87 cents of every dollar taken in. The owners received as dividends, or expendable profits, $1,370,- 000; being 3.20 cents of every dollar that came to the com pany $1,202,000 was added to working capital. In this day of high prices every enterprise, big or little, must use more money, whether borrowed from the banks or from the public, in the form of bonds. This Company used nearly a million and a quarter dollars of its earnings. That is money be longing to the stockholde7s, but they let the Company use it. The Mill spent $2f,378,000 for cotton, chemicals and other supplies and expenses. For new equipment, housing and upkeep the expense was $1,770,000. Mills operating day and night wear out machinery. AH of us know that machinery is expensive, so high, in fact, as to be almost out of sight. A lot of it is out of sight and beyond reach, too. Also housing, houses, lum ber, hardware—all items con nected with houses and housing —all those items now live in the clouds. No Mill makes a profit on its houses; one great Mill in this state loses about $70,000 a year on its mill town; all others lose, too. The only reason a mill builds a village is for the convenience of its workelrs. If a hundred—just one hundred — new families should come to* a town, even a small city of 25,000 people, where would they find homes, or apartments, even rooms? There is another big item: $3,313,000- for -taxes—Federal, State, County and school. For- turtately there are no town taxes. What do the owners receive? The 422 stockholders have in vested their money, their sav ings. Too many people for get that Capital is just some body’s savings. If a man with $50 a week in his pay envelope denies himself some comforts, some pleasures, some little in dulgences, and lays aside $5 a week, he has at the end of the year $260.00. The pext year he has $520.00 plus a little interest, mighty little interest, but something. With $520.00 in the bank he thinks of an in vestment. something to build up the nest .egg. That is his cap ital. The 422 stockholders have put their savings, their capital, in the mill. What did/ they receive? If I keep up the suspense it is because something comes in here. Do you remember two items, one of $1,202,000 added to working capital; and the other $1,770,000 for housing new equipment, and upkeep of plant? These two items lack only a few dollars of being $3,000,000. All that is new cap ital, fresh savings put into the business by the 422 owners. The Company earned as pro fit several times more than the owners were paid. The owners, who are just people, too, like the rest of us, and have to buy food, clothes, gasoline—and all that—those owners received for themselves—to spend 3.20 cents on every dollar received, but they spent nearly seven cents of every dollar to “keep going” efficiently; to keep their plants up to date: to keep abreast of the times and to meet compe titors on fair terms. Except for that, the business would fall off; men and women would lose their jobs; the various Gov ernment units would lose taxes; the schools alone in the Horse Creek Valley might have to close—in fact there wouldn’t be many people there. Let us ponder for a moment: the owners receive their living —for even owners have to live —$1,370,000, but they pay in taxes $3,313,000!! How does that seem to you? How would you like to take from your pay envelope at the end of the month $137.00 and pay in taxes $330? And if the farmer re ceived $1370 for his family in the fall but paid $3310 in taxes? We are letting many things get out of hand because we thirfk of big enterprises as just impersonal affairs; but they are flesh and blood of those who own them and the flesh and blood of those. who appear on the pay roll. If everyone should hide his money or buy bonds how would we build great plants? How develop the nation, or the local community? How provide work for our people and markets for our crops? SORE THROAT DUE TO COLDS Gargle or 1 I 11 SWab with A ■"Ivl NEED MONEY? SEE US FOR A QUICK CONFIDENTIAL PERSONAL LOAN, AT . . . 1307 Friend St HANDY FINANCE CO. Loans! ON REAL ESTATE AUTOMOBILES AND PERSONAL PROPERTY NEWBERRY INSURANCE AND REALTY 00. NED PURCELL, Manager TELEPHONE 197 Exchange Bank Bnildfag NOTICE The following is a list of Delegates allowed under the rules of the Democratic Party calculated from the number of votes cast in the First Primary of the 1946 Democratic Primary Election. Precinct votes cast No.delegates Precinct No. votes No. cast delegates Ward 1 288 12 Ward 2 565 23 Ward 3 No. 1 244 10 Ward 3 No. 2 392 16 Ward 4 No. 1 140 6 Ward 4 No. 2 102 4 Ward 5 347 14 Oakland 323 13 Whitmire No. 1 417 17 Whitmire No. 2 386 15 Kinards 30 1 Bush River 38 2 Jalapa 117 5 Helena 75 3 Long Lane 70 3 Mt. Bethel 53 2 Garmany 54 2 Mt. Pleasant 51 2 Chappells 150 6 Saluda No. 7 37 1 Longshores 66 3 Dominicks 32 1 Vaughnville 50 2 Maybinton 19 1 Trinity 31 1 Mulberry 28 1 Hartford 93 4 Utopia 44 2 Central 38 2 Fairview 45 2 Johnstone 53 2 Prosperity No. 1 166 7 Prosperity No. 2 208 8 Stoney Hill 100 4 Pomaria 151 6 Midway 68 3 Wheel and 53 2 Little Mountain 285 11 Silverstreet 96 4 ONeall No. 1 18 1 O’Neall No. 2 81 3 Jolly Street 127 5 St. Pauls 54 2 Walton 41 2 Union 77 3 St. Philips 132 5 Peak 75 3 Zion 44 2 Each precinct is entitled to an Executive Committeeman in ad dition to the number of dele gates allowed. B. V. Chapman, Chairman, Ex. Com. Mrs. A. H. Counts Secretary, Ex. Com, NOTICE TO CREDITORS N All persons having claims against the estate of Mrs. Emma Hale, deceased, are hereby noti fied to file the sam?, duly veri fied, with the undersigned, or Blease and Saint-Amand, at torneys, Newberry, S. C., and those indebted to said estate will please make payment like wise. R H. Hale, Administrator' 3tp A friendly handshake That’s our low cost auto loan service. No embarassing questions. No long delays. When you need money, come to see us. We will make a quick and satisfactory loan. Do not borrow from friends or relatives. Your private banker will take care of your AUTO LOAN needs. Newberry Insurance & Realty Co. “Your Private Banker” E. B. PURCELL, Manager Phone 197 Exchange Bank Building Shoe Repair When we recondition your shoes it’s like getting a new pair without the cost of buying new shoes. Bring your old shoes here today. Our Expert Shoe Repairing makes old shoes look lixe new. REAGINS SHOE SHOP MAIN STREET Dance! 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