The sun. [volume] (Newberry, S.C.) 1937-1972, February 15, 1952, Image 4
THK MBWBKRRT SUN
PRiDAY, FEBRUARY 16, 1962
1218 College Street
NEWBERRY, S. C.
PUBLISHED EVERY FRIDAY
By ARMFIELD BROTHERS
Entered aa 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.
Throwing Of Manhood And Wealth
Over World Foolish—Spectator
National Income
Up But People
No Better Off
\re we Americans plunging
wildly, foolishly irresponsibly, in
debt? How many generations
are we reckleusly putting under
a mortgage? Your grandchildren,
your great, great - granchildren
will have to pay the two hun
dred and sixty billion we now*
owe, even if nothing more should
be added.
Is this necessary?
Every citizen of America should
ponder that: is it necessary? If
we try to answer that we might)
consider this question: Are we
wisely spending and lending bil
lions of dollars to Europe? Are
we wise in publishing that we
are spending billions in the ef
fort to arm the Nations of
Europe which seem to be less
afraid than we are? What are(
we afraifd of? Russia. And we
denounce Russia every day. Have
we adopted the proper course
toward Russia?
After studying the condition I
find myself ready to advocate a
strong America, but an America
on this side of the Atlantic, an
America developing her own re
sources and providing opportuni
ties for her manhood and woman
hood to live in peace.
There are some of our people
who think we must throw our
wealth and young manhood all
over the earth in order to have
peace. That seems to me as
visionary an approach to peace aa
the most unpractical theorist ever
conceived.
Before Russia can be of any
danger to us she must destroy
Germany, France and Britain. If
they join Russia in Communism 1
we could not hope to defeat Com
munism, but that very circum
stance would compel us to
strengthen ourselves at home, not
by dispersing . our men and our
resources all over the earth. On
the other hand, Russia cannot
subjugate an aroused and embat
tled Germany and Japan. If, by
any chance, Russia should defeat
Germany and Japan Russia would
be so exhausted by the effort as
to be unable to organize and ex
ploit her victory for many years.
I have not said anything of the
Scandinavian countries or of
France and Italy. Nor have I
mentioned Belgium, Greece, Tur
key, and Holland. They must be
considered, particularly if fight
ing along with Germany and
Britain against Russia. But if they
should become Communistic how
utterly fantastic is our little mili
tary plan to thwart the aggress
ions of Russia! It all seems to
me to point to one course of
action by us: to be strong at
home and to have invincible aid
and naval strength.
Instead of a wise policy, a
clear vision of real strategy in
its stark reality, we find our
selves over-taxed, depleting our
natural resources, sending our
youth and fresh energy to the
seven seas, and living in a never-
ending series of crises.
How much new money does the
Government need? Congress has
been appropriating and appropriat
ing, and now the Government
asks for about eighty five billions
of new appropriations, with an
additional five billion of new
taxes. Not all this is for de
fense by any means: all the
cradle-to-the grave stuff is there,
expanded, even magnified: all the
boondoggling is glorified and
perpetuated. But it is well known
1952
AemCUUURAL
MOOftAM
BALANCING A CHANCING AGRICULTURE
SioL CAlfiiuAXld Coin'MultjlIl
CjhmAovi Ccrlia^i (jc/frtv&cojt
1. BALANCED FARMING: Make the farm an ef
ficient operating unit by careful farm and home
planning to make the best use of land, labor, machin-
• ery, cash and credit.
2. CROPS: The farmers , part in national defense in
1952 is greater production of food, feed and fiber.
Successful farming is based upon the production of
field and forest crops adapted to the land on which
they are grown. Use modern methods of efficient
production to obtain highest yields and returns.
. ■ - . • >
3. LIVESTOCK: Encourage the wise expansion of
grassland farming to support our growing livestock
and poultry industry. The development of an ef
ficient animal and poultry husbandry is essential to
full use of our land and labor resources, and to a
balanced agriculture.
4. MARKETING: Good marketing methods often
mean the difference between profit and loss. Know
ledge of market demands, skillful preparation of
products to meet such demands, and full use of
the best available market facilities are necessary
to successful farming.
5. THE FARM FAMILY: The purpose of farming is|
to obtain good farm life, a necessary part of perma
nent national security and well-being. Plan and work
for good health through improved nutrition, increased
food production and conservation, comfortable homes,
and adequate clothing. Provide opportunity for edu
cation, religious training and social life.
6. RURAL YOUTH: Train rural youth in improved
method of farming, homemaking, health, citizenship
and leadership.
7. PUBLIC AFFAIRS: Become familiar with agricul
tural policies and programs. Join and support local
and national farmers organizations.
THIS IMPORTANT MESSAGE SPONSORED BY
FARMER’S
Ice & Fuel Co.
that billions of dollars are still
on hand from appropriations of
other days. According to the Di
rector of the National budget,
there will be $72,800,000,000
(seventy two billion, eight hun
dred millions of dollars) of prev
ious appropriations unspent on
June 30, 1952, the close of this
fiscal year. Mark you, if not
one cent of new appropriations
were made; if not one nickel
of new taxes were imposed, there
will be nearly seventy three bil
lions on hand, or subject to the
Treasury’s spending, at the closed
of this fiscal year.
It appears to me that there is
a scheme to get so much ahead
that Congress will authorize and
appropriate itself out of all prac
tical participation in the frenzied
orgy of Government spending.
Eisenhower or Russell or almost
anybody else, would be a sort of
saving grace for this Nation, pro
vided he were not^ of the same
wasteful habit. Our problem to
day is to redeem this Nation from
the despoiling control of a wreck
ing crew and to save the heritage
of freedom and opportunity that
belongs to the generations which
will come after us and will won
der why we used everything
and left only gulleys and rocks
to them.
Everybody has a plenty of
money, they say. According to
the Bank statements there is
quite a lot of money; many jingle
money in their pockets. I wonder
if they are in the condition of
one of my tenants who came to
me with this explanation of her
finances: “I mek thirty hundred
dollars worth of crop and Ise got
the papers to prove it—and that’s
all I got.” I suppose you under
stand the language and catch the
meaning—“Aand that’s all I got.”
Well, she must have received and
handled that “thirty hundred dol
lars” she spoke of.
Patient students tell us that
the weekly income of $36 in 1939
would buy only about $17 worth
of merchandise today. In fact it
has been worked out like this:
“The following tabulation is
interesting as illustrating the
amount of weekly income needed
today because of additional taxes
and inflation to purchase the
same amount of goods and ser
vices as could be bought in 1939:
1939 1952
Weekly Income Equivalent
$ 36
Weekly Income
$ 73.16
$ 50
$ 106.94
$ 60
$131.16
$100
$229.60
$150
$361.80
$200
$504.48
A man who earned $100 weekly
in 1939 must receive $229.60 in
1952 to maintain his scale of
living, since before he may under
take the serious business of sup
porting his family he must, each
week, pay the piper to the tune
of $107.91 by reason of inflation
and $21.60 in additional taxes.
It is clear from an annalysis of
the above figures that the scale
of living of the American fam
ily is falling, and that socialistic
principle of leveling income is
proceeding in our country at an
alarming rate.”
The real test is what you can
buy.
“NATIONAL. INCOME MOVES
UP, BUT WE AREN’T ANY
RICHER. Individuals have more
money to spend than ever be
fore. But one wonders what would
be the figure for the ‘national
income’ of Germany in 1924, when
you needed a million marks to
buy a newspaper. What matters
is not how many dollars you
have, but what you can buy with
them. Let’s see how our boasted
dollar income works out in terms
of purchasing power.
The Department of Commerce’s
estimate of personal income for
1950 was $244.4 billion, based up
on the performance for Decem
ber, 1950. This was an increase
of 42.2 percent over the same
figure for 1945. But in purchas
ing power during the same five
year period the increase was only
2 percent, although population
rose 8 percent—an actual de
crease on a per capita basis.
Now let’s compare the esti
mated $244.4 billion for 1950 with
the estimated $254.4 billion for
1951. The people had ten billion
more dollars to spend, but were
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Newberry, S. C.
they really better off? In the
first place, the Department of
Labor’s consumer price index
showed that the dollar was worth
4 percent less in August, 1951,
than it was worth in December,
1950. It follows that the $254.4
billion would have purchased
slightly less in goods and services
than $244.4 billion would have
done in December, 1950. The
decrease in purchasing power was
actually much greater.
Neither estimate takes account
of income taxes, and Federal in
comes taxes have been raised
twice in the past thirteen months.
Taxes produced by the increased
dollar income for 1951 and by
the recently increased rate, plus
the additional excise taxes, will
further reduce the disposable in
come of 1951 by at least eight
billion dollars. The shrinkage
does not stop here. On December
31, 1950, individuals were sup
posed to have $226.4» billion of ac
cumulated savings represented by
money in banks. Government
bonds, cash surrender value of
life insurance, time deposits;
savings-and-loan-association assets
and Government pension and trust
funds. Since the purchasing
power of these assets fell 4 per
cent, along with everything else,
this represents a loss of more
than nine billion dollars' in eight
months.
The fact is that between 1950
and 1951 there has been a de
crease in . the purchasing power
of individuals amounting to more
than 7 percent, instead of the in
crease claimed in the news re
lease by the Department of Com
merce. The wave of optimism
with which this depletion of as
sets is greeted even in conservar
tive circles should deceive no
body. Inflation, like marijuana,
induces a comfortable but mis
leading sense of confidence and
well-being. Even corporate ex
ecutives, seeing their cash re
ceipts on the rise, occasionally
mistake this for real prosperity.
Labor economists nearly always
do, although they take a less rosy
view of recent wage advances.
Perhaps the time will come when
the American people can make
a sound estimate of. this in
flated national Income.”
That was a part of a thoughtful
editorial of The Saturday Even
ing Post.
We natives of the South have
heard about the inflation of our
Confederacy when so many dol
lars were needed to buy simple
necessaries.
Paper money was once so cheap
in this country that is was call
ed shin-plaster. Paper is about
all that we have since our paper
currency does not rest on either
gold or silver: American cur
rency rests on the general pros
perity of the Nation and the
ability of the people to pay taxes.
The one factor which operates
in favor of our unprotected cur
rency is the unbridled inflation
in most other countries. We are
strong and stable, but only by
comparison. However, that is as
dry as dust. Isn’t .it?
In referring to shin-plaster I
make my respectful submission to
Historian A. S. Salley who honors
me with his indulgent sympathy.
Expansion of State participation
in County and town affairs is un
avoidable unless we try to im
pose all the cost of County and
Town Government on real estate.
In the lower part of our State,
outside of Charleston, there is lit
tle to tax except real estate. And
all concede that the tax on
property is too high. Even taking
into account the relatively low
percentage of appraised value
Deed Transfers
Newberry No. 1
James D. Wheeler to R. L.
Hunter, one lot 77’xl63’ on Evans
street, $850.
Walton B. Halfacre to Millard
Tellmore Bowler, one lot 55’ on
Glenn street, (grantee to pay
1952 taxes) $300.
E. Maxcy Stone Probate Judge,
Newberry County to Mary Satter-
white Brown, one lot in Gravel
Town, $960.
Newberry No. 1 Outside
Sarah H. Goggans to Mill edge
Davis, one lot 75'xl43’ on Pope
street Extension, $150.
Mrs. Julia H. Williams to Ralph
P. Shealy, one lot 14(Kxl90’ on
Columbia-Greenville Highway, $6,-
500.
Ira V. Fulmer to William P.
Bowers and Lottie K. Bowers,
six acres, $2600.
i-Maxie Spicer to W. E. Son
and Edna B. Son, 20 acres, $5.00.
Gladys Hipp Corley and Mildred
Hipp Hunter to J. A. Amick, one
loU (East Hill Avenue), 267 %x
186’, $1200.
Silverstreet No. 2
Forest Miller to Marvin S.
Lester, 20 acres, $225.00.
Whitmire No. 4
Leo Asher Kinard to C. P.
Campbell and Mattie L. Camp
bell, one lot and one building,
409 Grant street, $550, and other
considerations.
Rauson P. Neal to Fidelity
Mortgage Corporation, one lot and
one building, $1.00 and other
considerations.
Pomaria No. 5
Caldwell Ruff and Marguerite
Ruff Altig, to John Caldwell Ruff,
10 acres (now assesed to grantee),
$5.00.
Caldwell Ruff and Marguerite
Ruff Altig to Harrison Monroe
Harmon, 212 acres, $9000.
Little Mountain No. 6
George E. Metis to Calvin E
Metis, 40 acres and one building,
$5.00 love and affection.
for taxation the high rate largely
overcomes that. We have some
school districts paying more than
eighty five mills. That Is eighty
five mills for everything. One
district used to pay a hundred
and fifteen mills. Now think of
that: 116 mills oh every dollar of
assessed valuation for taxes
Since there are only 100 mills in
a dollar you see that 115 mills
would confiscate all the property
and leave the man in debt, like
the working of the deficiency
judgement against a man after
selling all that he had. So, even
if the 116 mills were imposed on
a twenty per cent valuation of
the property it was still quite a
tax and rested oh land, primarily.
The State contributes now to
the Counties and to the towns.
The principle of local self-govern
ment need not be threatened for
the Counties and towns govern
themselves. There is a problem
of State control, such as when
expert service is necessary. We
are wondering about the schools,
though the condition of the
moment is due to the problem
of meeting issues raised by the
Federal Courts.
WATCH AND
JEWELRY REPAIRS
BROADUS LIPSCOMB
WATCHMAKER
2309 Johnstone Street
Dr. James L. Biber
Announces the Opening of Offices
for the practice of
Optometry
9
Offices 304 Exchange Bank Building
Telephone 144
PFC. RUFF STATIONED
AT HOKKAIDO
Pfc. Luther H. Ruff, son of
Mr. and Mrs. S. L. Ruff of
Route 4, Newberry, a member of
the 1st Cavalry Division, is help
ing set up defensive positions
on Hokkadio, Japan’s northermost
island.
His division was. added to the
security force in Japan recently
following 17 months of front-line
service in Korea.
On Hokkaido, only three and
one-half miles from Russian ter
ritory, the cavalrymen are learn
ing techniques of Artie survival
and how to fight on skis and
snowshoes.
Ruff, a rifleman with the 5th
Cavalry Regiment’s Company L,
spent four months in Korea and
was awarded the Purple Heart
for wounds received in action,
Combat Infantryman Badge and
the Korean Service Ribbon with
one campaign star.
CARD OF THANKS
We wish to thank our many
friends and relatives, especially
Mrs. R. C. Hawkins, for helping
us win the television set given
in Newberry.
Myrtle, Cordelia and Lindsey
Bowers. —Adv.
PFC. SCHUMPERT NOW IN
JAPAN AFTER KOREAN DUTY
Pfc. George E. Schumpert, Jr.,
2400 McCaughrin Avenue, is on
duty with the battle-toughened 1st
Calvary Division on Hokkaido,
the northermost of the Japanese
home islands.
Members of the division are
now setting up defensive po
sitions and learning to fight on
skis and snowshoes in the moun
tain terrain.
Schumpert, an automatic rifle
man with the 5th Cavalry Regi
ment’s Company A. holds the
Combat Infantryman Badge and
the Korean Service Ribbon with
one campaign star.
ACCEPT^ POSITION
IN WINN8BORO
F. D. Miller, who graduated
from Clemson College in Textitle
Manufacturing at the mid-year
graduating class held on Sunday,
January 27, has accepted a posi
tion with the U. S. Royal Rub
ber Company in Winns boro. He
assumed bis duties there * on
Monday, -January 28th.
His wife the former Bobble
Hove, daughter of Mr. and Mrs.
J. M. Hove, has joined her hus
band in Winnsboro where they
will make their home.
WALTER ROBERT HALLMAN
Mr. and Mrs. E. A. Hallman of
Summit, are receiving congratular
tions upon the arrival of a son,
Walter Robert, born in the New
berry Memorial Hospital, Monday;
February 11th.
Mrs. Hallman and Infant son
will return to the home of her
parents, Mr. and Mrs. J. B.
Harmon on Brown street, when
they leave the hospital.
MAJOR WORKMAN SLATED
FOR OVERSEAS DUTY
Major and Mrs. Jack Workman
and daughter, Carol, have arrived
in the city to visit in the homes
of their parents, Judge and Mrs.
Eugene > S. Blease on Boundary
street and Mr. and Mrs. J. T.
McCrackin on College street,
prior to Major Workman leaving
for duty in Japan. While Major
Workman is stationed in Japan
his wife and daughter, will re
main in Newberry.
t
Classified By Club
The herd of registered Jersey
cattle owned by H. M. Bryson,
Newberry, has been classified
for type under the program of the
American Jersey Cattle Club, ac
cording to announcement from
Columbus, Ohio.
ATTRACTIVE FIGURES
It has been said that if a woman fails
to watch her figure, so will the men!
Speaking of things pretty to look at,
you should see our plan for financing
new and used cars.
For Details
Cell 197
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Exchange Plua Tax
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