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PAGE TWO THE NEWBERRY SUN THURSDAY, NOVEMBER 10, 1955 1218 College Street NEWBERRY. S. C. PUBLISHED EVERY THURSDAY O. F. Armfield, Jr., Owner 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: $2.00 per year in ad vance; six months, $1.25. LISTEN, KIDS COMMENTS ON MEN AND THINGS The stout, sturdy and steadfast daily of Aiken, The Jour nal & Review of the Kings and Howells carries a picture of four citizens in a recent issue, the picture proclaiming the joyful tidings to all taxpayers of Aiken, that “Aiken’s larg est taxpayer by a big margin” had handed to the county treasurer a check for $242,239.10. That taxpayer is The South Carolina Electric and Gas Co. and the big check was delivered by Messrs Bonnie Huff, J. R. McTeer and L. F. Pierce. The happy recipient was County Treasurer Thomas WilUamson. Such interesting news deserves special treatment, so here is what the Aiken paper says: “The South Carolina Electric and Gas Company and its wholly owned subsidiary companies have become Aiken County’s largest taxpayer by a big margin, according to Thomas H. Williamson, county treasurer. Checks totaling almost a quarter of a million dollars cov ering all taxes due through December 31, 1955 were deliv ered personally to the treasurer’s office recently by secre tary and assistant treasurer L. F. Pierce of Columbia, as sistant secretary Bonnie Huff of Charleston and J. R. Mc Teer, manager of the Aiken district. The largest payment came from South Carolina’s gener ating company which was organized to build and operate the huge steam plant Urquhart Station and is located on the South Carolina side of the Savannah river four miles South of August, Georgia. The generating company’s share amounted to $170,639.52. The Electric and Gas company check was $64,380.52 and its gas subsidiary, South Carolina Natural Gas company which receives natural gas at a station near Aiken and transfers it to the Columbia and Charleston areas, paid $7,219.07. The grand total, after a two per cent discount, of $4,943,- 66 was deducted, amounted to $242,239.10. These checks constituted the largest amount of taxes ever received in Aiken county in one' day. The entire amount of CROSS tl ;f These 40 to 50 million additional mouths will require our farmers to grow 42 per cent more food. In addition, industry will consume at least 25 per cent more non-food products. The two will need an over-all increase of 40 per cent in farm production. In order to obtain this increase with today’s average yields, it would be necessary to open to tillage another 120 million acres. But it is estimated that there are only about 40 million more acres which can be made available profitably. So the main burden of increased farm production will fall on better techniques and the use of more farm machinery and more fertilizer. The effect of the increased demand for agricultural pro ducts will be felt by many industries. The canning, freezing and processing industry will expand its operations rapidly. This in turn will cause the container manufacturers and makers of metal foil and sealing papers to enlarge their sales. It will give truckers and railroads hundreds of mil lions more tons to haul, and step up the sales of the big food chains. And, of course, it will produce directly a sharp increase in the manufacture of farm machinery and of chemical fertilizers. If we are to make twice as many things by 1975, there must, of course, be a rapid and extensive enlargement of the various means of transportation. We must haul 60 per cent more raw material from the mines, the woods and the farms to smelters, chemical plants, mills and factories. And we must haul it away again to con verters and to consumers. The total tonnage to be trans ported from one place to another will be from 60 per cent to 100 per cent greater than it is today. Railroads, as now, will carry an important part of this From the Italy News-Herald, Italy, Texas: A few days ago we read a statement, attributed to a Supreme Court justice, to the effect that the courts must be guided in their decisions by changing times. If this is true, then the entire foundation of our govern ment is imperiled. The United States is founded on • government by law. Three sepa rate and distinct branches of gov ernment were provided by the founders and their wisdom has been upheld through the years. These branches are the executive, the legislative and the judicial, and each is assigned bounds be- [' yond which they were not to stray. The legislative branch is em powered to enact laws as public necessity may require. The e: ecutive branch is designed to ad minister these laws and posses ses the power of veto over laws not deemed in the best interest of the public. But even as the ex ecutive has 4m power to set aside the acts of ihm legislative by veto, the legislative has the power to pass the laws over a veto and will do so if 4m public demand ia suf ficient to justify it. The judicial branch was not in- tended to have either legislative or executive authority. As con ceived under our constitution the judiciary—especially the Supreme Court—is for the purpose of main- taxes received from the nt y J immense tonnage. Cargo planes will multiply rapidly in company is for schools, as the plant is exempt from county]^ ^ ^ ^ ^ voluin< f y of P fre [ ght . taxes for a pen o ive years. ^ . , I Steamships wall leave our shores in growing numbers, bulg- County Treasurer Williamson estima es a is p a i ng . w jth finished products, and bring back from every cor- will remain the largest taxpayer m en coun y or a ong ner 0 £ ^ globe larger and larger quantities of raw mater- period of time. The Graniteville Mills, an 6 a " I ials and the work of foreign craftsmen, water corporations are the next biggest axpayers, w e “Trucks, like purposeful ants will roll along every high- the Southern Bell Telephone company ra es a ong wi e way an( j c ^y s t re et carrying a staggering volume of raw' ma- larger taxpayers now. terials to mills and factories, and of finished products to If the S. C. Electric & Gas company were one of the Fed-1 gj^ops and homes throughout America, eral examples of Socialism it w*ould not have paid all that I j n f u ^ ure we ghall have more of everything—more money. It is worth considering: who pays for the schools? I thi n g g ^ use anc i enjoy, more houses, automobiles, house- Well, it takes tax money, money paid by taxpayers as a I hold furnishings and accessories, radio and television sets, charge on their property and activities. Do we need tax- [good food, and entertainment, more income with which to payers and tax money ? Or should we have tax-free enter- buy these things, and throughout the nation and the entire prises? world more people, many more people, who will need the pro- All those gentlemen shown in the picture seem dressed ducts of American enterprise, up for the occasion; and the big check well deserved the The conclusion that our Gross National Product will have best “looks” those handsome gentlemen could “put on.” | doubled by 1975 rests on tv/o basic facts. First: American business has an inherent dynamic com- L^t us take another look into the future of our great na- J pulsion that has manifested itself since the middle of the tion; “In 1954 each American used up 1000 times as much 19th century by doubling its volume every twenty to thirty power as he did in the horse-and-foot-power days of 1775. years. A momentum has thus developed which apparently And now in only another 20 to 25 years, we will probably I w j] no t be denied, and which can logically be expected to |consume 2000 times as much! continue up to and well beyond 1975. At>out a fourth of our total power in 1950 was used for Second: The rapid expansion of population is a world-wide the transportation of people and things. Another fourth phenomenon. World estimates vary because of inadequate was used for heat and light and to operate household &p- data, but such as we have indicate that the population of pliances. A fifth turned the machines of manufacturers. I the world will be around three and a half billion by 1975, And the remainder went into mining, pumping and con- a twenty-five year growth of one billion. The population of version processes. the U. S., according to the Bureau of the Census, will be The power used in America in 1950 Was equivalent 10 j 193 to 200 million, up 42 to 49 million from 1950. The en- the energy that exists in 1,300,000,000 tons of bituminous | tire significance is not, however, in the fact of greater coal. By 1975, estimates show, we will require the equiva lent of 2,600,000,000 tons. Residential and commerical use will rise 97 per cent. Transportation will use up an addi tional 88 per cent. Industry will need twice as much as now. Electric power, which has been doubling every ten years since 1920, will rise from a 1950 base of 389 billion KWH to 1400 billion KWH in 1975—-an increase of 260 per cent. Today electric power is produced by water power and thermal power in these proportions: 26 per cent by water, 11 per cent by oil, 14 per cent by natural gas, and 49 per, cent by coal. When 1975 rolls around, the pattern for 1400 j 'Mon KWH will approximate: iro power 275 billion KWH 175 billion KWH 825 billion KWH 125 billion KWH aid, the population of the United States by inched 193,000,000 to 200,000,00 people force variously estimated at betwee 90. All of which means that '75 we will add equivalent ' t American economy- ; on. 20 per cent 12 per cent 59 per cent 9 per cent taining a check on both the legis lative and executive branches. It’s function is to determine whether acts of the legislative conform to the basic law—the constitution— and whether or not the executive is properly interpreting and ad ministering the acts of the legis lative. It is not the function of the court to say that the legislative or ex ecutive is out of step with the times—either in newly enacted laws or those that have been on the books for generations. The bcecutive and legislative, both be ing subject to induction and re moval by the people, are the ones that should decide about changing times. If they cannot act within the scope of existing constitutional provisions, then the people can change the constitution by amend ment No one except the people has any right to change the basic law. Unless we return to that con cept of government our entire structure is doomed. • • •. From the Cannelton News, Can- nelton, Indiana: “Our great free doms, our tremendous industrial assets, our great farm endeavors, our record of discoveries and in ventions and countless other funda mentals which combine to make us defenders of our theory of life have not come by accident ★ AUTHOR OF “HOW TO STOP WORRYING AND START LIVING ' * FRANCES BRUNS, 1227 Daffodil Lane, Wantagh, New York, was rushed to the doctor with what was thought to be an attack, of ap pendicitis. The doctor examined her and gave the verdict: Ulcers. Twenty-three years old and ulcers! A gloomy outlook. There must be a reason. She looked back across the years. At the age of 19—and nine months after their marriage, her husband suffered a stroke. They had to weather some hardship but managed to pull through fairly well. However, later she became obsessed with re-living the past would continually dwell on what had happened to them during those early days of marriage. If her husband were late, she would get terrible pains in her stomach. The same thing would happen if he happened to mention that he wasn’t feeling too well Finally she took hold at herself and decided that her attitude would never do. She then decided to go out and get a job. This started her taking an inter- •st in life again. Then she enrolled for a course in CAKNXGnC public speaking in order to meet more people end broaden her as well as learn how to express herself. She says all this has ****** bar feel young again and given her an entirely new outlook on Now she says the worst that happens to her is a happy tired failing i/fANY economists in Washing- -▼ A ton are seeking the answer to s highly controversial question of ‘How long can prosperity be con trolled by the manipulation of money, of credit, interest rates and taxes?” The Eisenhower administration has been highly successful thus tor in juggling these economic factors to control the nation’s econ omy. The Administration fiscal string pullers point to the high national income, ^pd overall pros perity and declare they have sta bilised prices, have kept employ ment high, deflated a 1953 boom headed toward inflation by a hard money policy; reversed that pol icy to combat the recession of 1953-1954; boosted interest rates when money was plentiful; in creased margins and used the Fed eral Reserve banks to stem over credit and otherwise kept the na tion's business going at full tilt and on a sound basis. But wheth er this turning off and on of economic controls like a faucet can be kept up indefinitely ia wor rying some business leaders as well as economists. This worry comes over the tre mendous debt pile-up of both pri vate and public debt and the high cost of credit While the business community continues to make new records at tremendous profits and gains have been made by some groups at the expense of others. The Public Affairs Institute, a Washington economic service, warns its clients that it ia time to take stock of these economic man ipulations as devices for control ling the economy. They warn that the 1953 recession was unneces sary and was brought about by the Administration’s hard money policy, to which all economists now agree. They say hard money manipulations enabled the admin istration to scrap controls and cut corporation excess profits and pro vide dividend tax benefits. They say the monetary policy and increased interest rates has contributed to deflating the highly sensitive farm commodity prices. And this deflation of farm prices has been used to offset increased prices of industrial products, thus permitting the claim that prices are stabilised. Public Affairs Institute also makes these criticisms: That mon etary policies have been used to reward lenders with higher inter est rates at 4m expense of 4m public welfare; That interest rates on all types of borrowing has risen (prime rates now up to 3%% which means 4 to 5% on less than prime bor rowers). That cost of national debt has increased; That banks and lenders have been particular beneficiaries of the money , policies and that bank profits have been pushed to high er levels every year since 1952; That special tax treatment of profits and losses from sale of U. S. Government securities en ables banks to charge off losses 100 per cent while gains from se curities sales are taxed at only 25%; that in 1954 when lending declined, banka still made $500 million gain from sale of govern ment securities, taxed at only 25%, and that this year banks are reducing tax liability by aelling government bonds at a loss fully tax deductible. CROSSWORD PUZZLE l: im mam** .;. ip IP .,, w to called Ike “Father” of the Federal system of trie dams? The late Senator George W. Norris, of Nebraska. He said: “Every stream in the United States which flows from the mountains through the meadows to the sea has the possibility of producing electricity for cheap power and cheap lighting, to be carried into the homes and businesses and industry of 4m American people.'* What are the three prHicipsl ■■iitomto of commercial fertiliser and what is the states at their supply? ▲—Nitrogen, Phosphate and Potash. The Department of Agriculture says supply of nitrogen for 1966-M Is estimated at 2,350,000 tons, up 4.4% over last year; of phosphoric add, 2,300,000 tons, about same as last year, and of potassium oxide, 1,940,000 tons, up 4.3% over last year. taking a four-year course la law at eight under the Korean GI It to an accredited school. WOI tikis he ACROSS 1 Custom 5 Recreation 10 Kind of sandwich 14 Notli 15 News sheet 16 Declare 17 Classify IS Place of combat IS Donate 30 Kxpress dis approval S3 Caused a nricklins. - sensation 34 To beat tt ■jury list 47 S3 in a of 48 Marksmen 60 Aeriform fluid 61 Far arway 54 Honest 63 Travel 63 Build 64 Metal 65 Emmets 66 Canvas shelters 67 Soap bubbles 44 Scamps A—It will be considered at not more than tiireeniusrters time training, not fun time. Banking system a part ef thi SO Unites by fusing heat 94 Dry - §85g££» 37 Fish 89 Eajrflndlan 41 T 49 44 Paper A—Yes. The Board of Governors was created by Congress and la a gov ernment establishment The twelve federal lesern pormtions set up by Federa) law to operate for publie der government supervlaiba. The Federal Reserve Banks have hdd by the courts to be agenciea or tnstrumentalitlsa of tim Feddcgl n MB It Si ▲—It has fan power, can icwiita it change It at wA except as to tiQe mac 1. AocUvfty refers to (a) ability to adjust to circumstances; (b) an upward slope; (o) scquiescense. 2. Acidulous means (a) colorless; (b) slightly sour; (o) inao- ttre. 3. Adduce means (a) lure away; (b) quote authority; (o) berate. - ANSWERS *4t|jeWe« eteap ** / * jaeg *g ‘•doni pjvmdn *f OUT numbers, but also in an aroused world-wide demand for a better s andard of living; for more things to use and con- ssive demand must be met, for the most ' tive capacity of the Western world, par- " the United States. It will provide us, « ■ h a rapidly growing market, both at ”irv spending power in this times in the past 15 year* ^260.5 billion in 1955- -a v at ar equally rapid rat derson, 22, G»., lifted 1439 Dm. to set world record in Munich, Ger» lifting to osU on tto for n turn at the Isn’t there sure to be n: tor n to wish for the | the man who led er shared the Na- ■J ____ 194fl to 1963? Klner’s high- . \J with Pittsburgh was (in 1962), and his 19 In toe National to half a His reported salary aa general! at Sae Diego to $26,999 . When Derto Hart quit toe ranks to become | at a Itotoel hotel, a week, both its A that wffl $76,999 hi It 3xt 20 years, it is Obvious that there will undoubtedly - demand an ample purchasing power to support National Pr uct in 1975, which yriU be twice as is today.” -