The sun. [volume] (Newberry, S.C.) 1937-1972, April 23, 1948, Image 4
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
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HANDY FINANCE CO.
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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
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No long delays. When you need
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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
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Our Expert
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REAGINS SHOE
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MAIN STREET
Dance!
X
Round and Square
at the
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Every Saturday Night
8:30 p. m. to 12 midnight
Music by RUFUS SUIT
and his VET QUINTET
Sponsored by Newberry’s Units
NATIONAL GUARD
Admission: 1.25, tax included
•V