Historical Newspapers of South Carolina

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THE NEWBERRY SUN FRIDAY, JULY 13, 1951 1218 College Street NEWBERRY, S. C. PUBLISHED EVERY FRIDAY v By ARMFIELD BROTHERS 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. States Being Absorbed Into Brand And Degree Of Socialism Like A Creeping Paralysis Says Spectator • Shall we be swallowed by the Federal Government? Are States to become mere provinces, meek dependencies of the National Government? We used to say that a certain man resigned when he found that he was no longer on the payroll. It is also an axiom of the law that “The law itself ceases when the reason for the law ceases.” If the States become just forms but without power, then the wiping out of State lines and State dignity will soon follow. In the guise of promoting Fed eral electric power we are being absorbed into a brand and de gree of Socialism that is like creeping paralysis—though it no longer creeps. Today this thing leaps like a gazelle and covers great distances. In The State I read the following from an ob server in Washington: “Secretary Oscar Chapman’s persistent but indirect attempt to seize all authority for develop ment of all the natural resources of the nation has finally pre cipitated a violent battle in open court between his department of interior and the federal power commission. It is an unprecedented legal and jurisdictional clash between two federal agencies that will affect every large and small industry and retail business having even a remote connection with opera tions covered by the interstate commerce or general welfare clauses of the constitution. Although water power happens to be the immediate cause of the interior F.P.C. dispute, the broad, legal question involved affects in dustrial and small business activity, from steel mills to chain stores operating across state lines. ISSUE—It is significant that Secretary Chapman did not at tack F.P.C.’s authority and jur isdiction until after President Truman's 1948 re-election. The three applications had been tenta tively approved by F.P.C. in early fall of 1948 without pro voking any protest from interior. Several reasons account for Mr. Chapman’s interim disintefs- est. He was Mr. Truman’s politi cal advance agent in the 11 pub lic land states beyond the Rock ies, where water and power are a bread-and-butter issue with the voters. He was too busy in cor- raling Democratic votes which he did with great success, to bother with departmental problems. Sec ondly, it was useless to voice his radical views on public power and related questions until a Tru man victory was assured. If Mr. Chapman wins—so far he has been defeated in other courts—the federal government will supplant private industry, states and cities in construction, operation and management of all future power projects built on American rivers and tributaries. Washington will enjoy a complete monopoly of power except where it is generated by steam plants. If the Richmond jurists hold for interior (and this is one of tho most respected courts in the country) the government will gain by judicial sanction and authority never given to it by congress in the basic federal power act of 1920 or the flood control act of 1944 including all the amendments thereto. In its present bitter mood, the F.P.C. would appeal an adverse decision to thd supreme court. It would appeal if—and this is a big ‘if’—President Truman, will permit the moot question of pri vate versus public development to go before the high tribunal for a final showdown. He might not permit F.P.C. to appeal.” Every time I mention the ag gressive spirit of the Public Pow r er Promoters my friends think I am attacking Santee-Cooper. 1 think the truth is that Santee- Cooper is itself in danger, be cause the present program seems to want everything under the control of Washington. Santee- Cooper belongs to the State of South Carolina and is under the full control of the Legislature and the Governor. The Governor ap points the Board of Directors and this is an authority conferred on him by Statute. The final autly ority is in the hands of the Gen eral Assembly of the State. San tee-Cooper is, then, under the State; it is a State institution and beyond the grasping greed of Federal bureaucrats and Social- As Little As $1 Weekly W. E. Turner JEWELER Caldwell St. Nawbcrry ists. Even the Central Co-op, of which much has been raid, is a State - chartered corporation, though drawung millions from Washington. Our State can control both the Santee-Cooper ami the Cen tral Coop. The State does con trol the Santee-Cooper now. If there be anything about it that does not meet with our approval the remedy is in our own hands. Every member of the General As sembly has the same interest in the Santee-Cooper that he has in the State University, though he exercises his interest by remote control. But the ambition of the Federal Department of the In terior is to promote a program that breathes the breath of selfish aggrandizement that would make of the Federal Government a Socialistic authority like that which misrules Great Britain to day and has brought once power ful and proud Britain from the heights of pride and power to the level of the humble and meek. No one can deny that the Gov ernment might as well have full charge of the practice of medi cine and dentistry, full control of hospitals, control of schools, if the Government has any right to dominate the generation and sale of power. And the Govern ment might take charge of all the coal mines and Banks, all the Rail Roads—well,, the Govern ment of Britain has done all those things—calm, self-possessed old Britain has sunk into the bog of Socialism. We are deceiving ourselves, selling out a precious birthright for a pittance. After all, what shall a man profit if he gain the whole world and lose his soul? Those of us who resist the trend toward Socialism see that the is sue is really the Soul of America that is at stake; at stake is the indomitable individual char acter who accepts the challenge of opportunity and builds a life and career out of a triumph over the problems and difficulties of everyday living. South Carolina has the best- ftnanaged business institutions in all this nation, according to a re port by Dun and Bradstreet. Mr. Charles N. Plowden, Direc tor of the State Board of Plan ning, Research and Development, cites the report in a recent state ment. I quote Mr. Plowden: “The survey, appearing in the June issue of ‘Dun’s Review,’ showed that South Carolina had the smallest percentage of busi ness failures of any state in the United States in 1950. The South Carolina rate of business failure was found to be only 4.7 per 10,- 000 listed enterprises, compared with a national average of 34.3. ‘Our State not only led the na tion in percentage of successfully operated businesses, but it also was far ahead of the average for the other Southern states,’ My. Plowden said. “He pointed out that the fi nancial magazine’s survey show ed an average of 19.4 business failures for the other 14 southern states, as compared with the 4.7 rate for South Carolina." “Our leadership, in business success last year is a tribute to the ability of our energetic pro gressive people, and to our sound stable state government, the lat ter being an important considera tion for which our Governor, state legislators, and other state officials are to be commended. * These factors, coupled with our mild, healthful climate, ample raw materials, adequate water supply a^ unexcelled transpor tation facilities, have created an atmosphere conductive to busi ness opportunity second to none in the nation,’ the director add ed.” Our State is indebted to the managers of our business enter prises, and to the intelligence of our workers. The chief capital of South Carolina is not the money in the banks, but the quality of our people, wisely directed by our business leaders. It is quite true that our legislators have grasped the opportunity to be come constructive most of the time and in most cases, I think. South Carolina invites business today; hundreds of millions of dollars have been invested hfere in recent ye^rs; our people are sound, hardy Americans, almost free from the frenzy of some wild theories which build nothing but fancies. Strong commonsense is part and parcel of South Caro lina workers, as well as loyalty to the enterprises they serve. It is a tribute to management that such loyalty is deserved, and that all really work together. The Southern States Industrial Council has made a study of State finances that I find very interesting. Here it is, in part: “One of the revealing aspects of this report is that haying to do with aid received by the states from the Federal government. The total amount received by all the states in 1950 was $1,960,114,- 000. The amount received by the Southern states was $332,934,000 —37 percent of the total. The Federal taxes paid by all* the states amounted to $38,957,100,- 000, which means that the forty- eight states got back from the Federal government about 5 per cent of the taxes they paid into the Federal government. The Federal taxes paid by the sixteen Southern states amounted to $8,894,500,000, which means that the South got back from the Federal government about 8 per cent of the taxes paid into the Federal Government. The gross debt of. the forty- eight states in 1950 amounted to $5,267,575,000. The gross debt of the 16 Southern states amounted to $1,347,071,000—or about 26 percent of the total. The total debt of the State of South Caro lina is $99,415,000. The gross debt of 1 the Southern states increased 73 percent over the total for 1949, while the gross debt of all forty-eight states in creased only 28 percent. It might Ice Cream Freezers Buy Now! Electric or Hand Turned Low Priced Picnic Chests Now*s The Time You Need One Charcoal ALSO ICE COLD Farmers Ice & Fuel Co. Telephone 155 Miss Chapman, Mr. Shealy Wed 'Miss Bernice Ophelia Chapman of Newberry, and Wilbur S. Shealy also of Newberry, were married in a candlelight service Sunday afternoon. May 20, at 5 o’clock at Colony Lutheran church. The Rev. C.‘ J. Rice, pas tor of the bride, officiated using the impressive double ring cere mony. The chancel was flanked with arrangements of Madonna lilies and Admiral Byrd daisies, palms and greens backed by seven- be noted however, that 80 per cent of the increase in the South occurred iiw the four states of Maryland, Louisiana, North Caro lina and Oklahoma. North Caro lina debt increased from $76,- 705,000 to $202,323,000; Oklahoma debt increased from $38,513,000 to $104,173,000; Louisiana debt increased from $162,568,000 to $231,454,000. Only two Southern states had a decrease Jn gross debt—Geor gia and Missouri. Georgia has the lowest state debt in the South, and to all effects and purposes h^is paid off its debts. branched, ivy-entwined candel abra. Magnolias marked the fam ily pews. Music was furnished by Mr. Bennie Bedenbaugh, pianist, .and Miss Margaret Pay singer,, vocal ist. Traditional wedding marches were used. “Traumerei” was softly played during the cere mony. Furman Warren served as best man. Usher groomsmen were An drew Shealy, brother of the bride groom; and Richard Williams, who lighted the candles; also Harold Bouknight, brother-in-law of the bridegroom, and Thomas Buzhardt, all of Newberry. Mrs. Forest Lee Graham, sister of the bride, was matron of honor. She wore a dress of yel low taffeta fashioned with sweet heart neckline, fitted bodice and full skirt and carried a nosegay of fuschias tied with green rib bon. ,She wore matching flowers in her hair. Miss Dorothy Minick was maid of honor. Her green taffeta and net dress was of straplessHdesign with fitted bodice ending in a point at .the front. The full net skirt was set on at the hips with a small standing ruffle, and she wore a matching bolero of taffeta which fastened at the neckline. She carried a nosegay of yellow and lavendar asters tied with lavendar ribbon. She also wore matching flowers in her hair. Bridesmaids were Miss Eva Shealy sister of the bridegroom; Miss Myra Boozer; and Miss Vir ginia Oxner, niece of the bride. They wore di esses of lavendar taf feta and bet fashioned after that of the maid of honor and carried nosegays off Harlequin carnations tied with yellow ribbon. They also wore matching flowers in their hair. All attendants wore sterling ear rings which were gifts from the bride. The bride entered the church on the arm of her brother Lewis Chapman. Her* wedding gown was made of white bridal satin fea turing a fitted bodice, long sleeves ending in points over the wrists, a yoke of illusion appli- qued with a design of seed pearls and high round neckline with back opening fastened with satin covered buttons ending in a point at the waistline. The full gather ed skirt ended in a cathedral train. Her fingertip veil of illu sion was caught to a halo of white satin which was held at several places wiA curved rows of oblong seed pearls. Her bou quet was of white carnations, lily of the valley, <baby*s breath and fern centered with a purple or chid and tied with a large white bow and streamere of white satin ribbon. The bride’s mother wore a dress of navy blue shadow sheer with white accessories. Her car- sage was of white carnations. The bridegroom’s mother wore a dress of aqua crepe with black accessories and her corsage was of pink carnations. Following the ceremony the couple received in the vestibule of the' church. Later in the eve ning they left for a wedding trip to an unannounced destination. The bride is the youngest daughter of Mr. and Mrs. Luth er E. Chapman, Route, 4, Newber ry. She is a graduate of Newber ry high school and Perry Busi ness school. At present she is employed with the Newberry Electric Cooperative, Inc., on Friend street. The bridegroom is a son of Mr. and Mrs. E. Lester Shealy. Nance street, Newberry. He re ceived his education in the New berry city schools and is now employed with the Newberry Mills, Inc. Mrs. Della Koon, spent a few days this week in Pomaria with her sister, Mrs. J. D. Koon who is ill. k / South Carolina National Bank STATEMENT OF CONDITION June 30,1951 $ / \ Cash and Due from Banks $ U. S. Government Bonds State and Municipal Bonds Federal Land Bank Bonds and Fed. Int. Credit Bank Debs Federal Reserve Bank Stock Loans and Discounts Banking Houses $1,307,375.00.. Less Depreciation . 147,395.25. . Furniture and Fixtures Other Real Estate Other Assets 43,199,246.25 57,863,498.57 904,598.95 1,730,000.00 165,000.00 51,827,569.40 \ 1, 159,979.75 190,222.82 1.00 79,385.36 $157,119,502.10 ' Jk m- Liabilities t Capital—Common $ 2,500,000.00 Surplus 3,000,000.00 Undivided Profits 1,664,348.22 Reserve—Dividend payable July 2,1951 187,500.00 Reserve Under Sec. 23K (Int. Rev. Code) 950,000.00 Reserves—For Taxes, etc 730,666.87 Deposits 148,086,987.01 $157,119,502.10 J Offices At: ‘if ’4 k Anderson Belton Charleston Cheraw Columbia Dillon • Florence | Newberry Fort Jackson j f Pickens £ Georgetown , , St. Matthews * Greenville ; Seneca Leesville < . k . Sumter • * ! i L f • i Naval Base \ MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION %