The sun. [volume] (Newberry, S.C.) 1937-1972, August 06, 1959, Image 2
PAGE TWO
THE NEWBERRY SUN
THURSDAY, AUGUST 6, 1959
1218 College Street
NEWBERRY. S. C.
PUBLISHED EVERY THURSDAY
0. F. Armfield, Jr., Owner
Second-Class postage paid at Newberry,. South
Carolina.
SUBSCRIPTION RATES: $2.00 per year in ad
vance; six months, $1.25.
COMMENTS ON MEN AND THINGS
By SPECTATOR
South Carolina has abundant water, I’m informed, but
California is not so highly favored as we afe:
“In the rugged canyon of the Feather River about 80
miles north of here, construction crews armed with heavy
machinery are busily rerouting railroad tracks, highways
and utility lines to make room for what will become the 15,-
000-acre reservoir of Oroville Dam—the first major seg
ment of one of the largest construction projects ever under
taken.
Further south, along the arid west side of the San Joa-
quim Valley, state agents are beginning to negotiate for the
purchase of the land necessary for a huge aqueductsystem,
dam and storage basin.
And at the Tehachapl Mountains, a formidable range that
cuts across the lower half of the state from the High Sier
ras on the east to the Pacific Ocean on the west, planners
envision the boring of a seven-mile tunnel at a height of
some 3,500 feet to extend one large aqueduct through to
populous and highly-industrialized southern California.
Behind these grandoise designs looms a shortage, real
now in' some areas and feared for the future in others, of a
vital commodity—water. To meet the problem, the Feath
er River Project, a $2 billion-plus behemoth, was approved
last week by California’s legislature after a five-year fight.
Feather River promises to dwarf even such lavish spend
ing programs as the Tennessee Valley Authority, which cost
U. S. taxpayers $1.5 billion, and the St. Lawrence Seaway,
on which $1.1 billion has been spent to date.
Water shortages, of course, are not an exclusive Califor
nia problem. Nearly every year shortages of one degree or
another plague cities, states and even larger areas around
the nation. This national water problem has been growing
increasingly serious and has been affecting more areas as
water consumption grows along with population and indus
trial growth. In California, the problem—worsened by one
of the driest years on record—is fast coming to a head, and
bringing with it a host of far-reaching political and economic
implications.
Moreover, Californians are depleting at an alarming rate
their ground water resources—sub—surface water fed most
ly from such sources as rain and subterranean streams.
Ironically, California actually has plenty of water, but
most of it flow T s unused into the sea.
Says Harvey Banks, director of the Department of Wa
ter Resources: ‘California has more water than we can hope
to intelligently use in the foreseeable future. But the trouble
is, Mother Nature put nearly all of it in the wrong places.’
The Feather River Project is designed to correct this im
balance by taking water from northern California, where it
is plentiful, and transporting it to southern California, where
it is scarce, and, along the way, making it available to the
villages .and farms—on the dry, west side of the San Joa-
quinValley.”
The revolt against President Leguia of Peru was largely
due to a great scheme of an American engineer to change
the Maranon River from its eastward course, forming part
of the vast Amazon River, and to turn it westward through
the Andes Mountains and so irrigate the Olmos Desert. It
was a vast undertaking but the country was appalled by the
stupendous cost.
“Change and decay is all around I see,” says the beautiful
hymn, Lead, Kindly Light, and man has battled through all
the ages to combat corrosion, rust, or destruction by the
elements, as distinguished from normal wear and tear. So
it comes as a natural development that the genius of man
in the fields of chemistry, metallurgy and kindred science
should be applied to a study of how to protect industry
and industrial machines and products from the corrosion of
nature.
“At Kure Beach, N. C., a salty gust of wind whips across
the white sand and swirls around a strange-looking object
—a rack holding some 30,000 small pieces of metal. Period
ically ,a group of men arrive, huddle over the rack awhile,
making notations, then drive off.
These men are metallurgists of the International Nickel
Co. and are studying a costly and nagging problem: Corro
sion. The metal specimens comprise various alloys and anti
corrosion coatings and the data indicates the sort of life one
might expect for them under long exposure to punishing
atmospheric conditions.
International Nickel’s research points up a growing con
cern in U. S. industry over an old enemy. The battle against
corrosion has resulted in some recent spectacular products
as automobile mufflers and home water heaters.
In its broadest sense, corrosion is the gradual deteriora
tion of a material, most commonly a metal, through a
chemical or an electrochemical process. An acid, salt or
other chemical in the atmosphere or in an adjacent material
might eat into the metal. Or moisture, coupled with minute
impurities in a metal’s structure, might start an electric cur
rent flowing from the metal. Miscroscopic bits of metal
flow with the current, combining on the surface v ith ox^ gen
to form the material which on iron-based metals is known as
rust. I
Strom
What Is The National Debt?
One of the most encouraging
developments during this year is
the increased public interest in
the Federal Government’s fiscal
affairs. Already, the public's in
tense interest has resulted in a
brake on deficit expenditures by
Congress. Much of the attention
which has been directed at feder
al expenditures, resulted from the
all-time high 13 billion-dollar de
ficit for fiscal year 1959. Unfor^
tunately, however, the national
debt continues to increase.
Despite the increased interest
in the country’s fiscal condition,
many people apparently do not
understand just what is the na
tional debt. A constituent recently
suggested that it “just be can
celled.” Unfortunately, no such
easy solution to our public indebt
edness exists.
The national debt is now ap
proximately $285 billion. As of
March, 1959—the latest date for
which accurate figures are avail
able—this debt was represented
by $282.2 billion of securities, and
the balance is represented by bills
for operation of the Government
which have not yet been paid. It
is interesting to see who loaned
the Federal Government $282.2
billion dollars. The breakdown is
as follows: commercial banks,
$62.9 billion; federal reserve
banks, $25.5 billion; individuals,
$64.5 billions; insurance compan
ies, $12.0 billion; mutual savings
banks, $7.4 billion; corporations,
$21 billion; state and local gov
ernments, $17.9 billion; U. S. Gov
ernment investment accounts,
$53.7 billion; and miscellaneous in
vestors, $17.2 billion. In the final
analysis, the national debt is own
ed to the American people.
Usually, there must be a good bit of moisture present
before any appreciable oxidation can take place. With iron,
for example, 40% humidity is needed at ordinary tempera
tures before oxidation' will occur. This is why an old jalopy
won’t rust as fast in a climate such as Arizona’s where the
air is dry, as in the Florida Keys, where the air not only is
extremely humid, but also contains a great deal of salt, a
major corrosive agent. Thus, in International Nickel’s re
search at Kure Beach, the pieces of metal are being tested
under conditions highly conducive to corrosion.”
“The government closed fiscal 1959 with expenditures
about $12 1 / 4 billion in excess of revenues, producing the larg
est peacetime deficit in the nation’s history. During the
year the Federal debt rose by about $9 billion; and its com
position, maturity distribution, and ownership changed
sharply. The Treasury found it increasingly difficult to sell
bonds in the open market and was obliged to rely almost
entirely on short-term issues.
The important change which has occurred in dividend pay
out policies during the past several decades is certainly a
major factor presently conditioning the volume of stock of
ferings. In the prosperous year 1929, dividend payments by
all corporations amounted to 70 per cent of profits after
taxes, as against an average of only about 52 per cent in the
prosperous years 1955-57. Had the 70 percent rate been ef
fective in 1955-57, an additional $12 billion in dividends
would have been paid out in those three years . . .”
A short time ago I told about the twenty six dairies in
and near Bowman, over in Orangeburg County. That’s just
one community in Orangeburg County; some day I’ll tell
more about Orangeburg.
Then I told about the 82 dairies.in Saluda County, bringing
in a million dollars a year. Well, here’s something else
about Saluda, according to The Saluda Sentipel:
“Saluda County Stock Yard handled at auction 1,000
carloads of livestock last fiscal year as 30,000 cattle, 1700
hogs, etc., numbering a grand total of 48,000 brought $3,-
780,350.86; 1,328 livestock Thursday brought $93,521.39.
“A heavy run of 1328 head of livestock at the regular
weekly sale of the Saluda County Stock Yard last Thurs
day, the second largest sale in the two-year run of the local
auction market, brought the 1958—59 fiscal year to a close
with a flourish bringing sales at the local stockyard to a
record-breaking total sum of $3,780,350.86 for the fiscal
year just closed. This compares with a total sum cf sales of
$3,176,847.07 at the local livestock auction market for the
last calendar year ending December 31, 1958, or an increase
of $603,503.79 for the last fiscal year over the preceding
calendar year of 1958.
“With sales much heavier for the first three or four
months of the present calendar year than for the same per
iod of the last calendar year, it appears to be almost a cer
tainty that the total sum of sales at the Saluda County
Stock Yard will break through the $4,000,000 mark for the
present calendar year. These figures disclosing the total
sum of sales at the local market, strikingly reveal the am
azing growth and expansion of the local livestock market
in the slightly more than two years of its operations. Also
these astonishing figures indicate that the Saluda County
Stock Yard has become the largest cattle market in South
Carolina in just two years of operations.
“Approximately 48,000 head of livestock were sold at the
Saluda County Stock Yard during the last fiscal year. Brok
en down into the different kinds of livestock auctioned,
these figures include 30,00 head of cattle, 17,000 hogs and
several hundred head of other kinds of livestock, making a
grand total volume for the 1958-59 fiscal year of approxi
mately 1,000 railroad carloads. Many carloads of cattle sold
here during the year were actually moved by rail to far
distant states across the nation, including Colorado and
California in recent weeks. These latter facts and figures
in necessary shipment by rail of cattle sold here impres
sively reveal the wide scope of the operation of the Saluda
County Stock Yard in distributing livestock and cattle, par
ticularly, well nigh all over the nation from time to time.”
“You never knowed that, did you?” a little boy of Sa
luda once said to me.
Many years ago I lived on a farm in Saluda County
nearly two years and held membership in a fraternity in
Rid<re Soring, one of the progressive towns of that general
neighborhood composed of Edgefield, Johnston and Ridge
Spring. I
Everyone Affected
Even if you do not personally
own any savings bonds as an in
dividual, the Federal Government
still probably has borrowed some
of your money. A portion of your
savings account, your bank de
posits, the taxes you paid to your
town, county, or the State of
South Carolina, your insurance
premium, and the price you paid
for a share of stock, have in all
probability been loaned to the
Federal Government. The $53.7
billion owed to “U. S. Government
investment accounts” includes the
major portion of the contribu
tions paid by various participants
in Government retirement pro
grams. The savings and security
.of the American public are on loan
to the Federal Government. In
ability or failure to pay by the
Government would result in dis
aster to almost every American
family.
Unir 3 most private institu
tions wxiere money is invested, the
Government does not produce in
come to pay its debts. The only
source of income for the Govern
ment is the taxpayer. Borrowing
by the Government is, therefore,
just an indirect method of levy
ing more taxes. It is sound busi
ness only so long as it is used to
prevent fluctuations in the tax
level to meet expenses which fluc
tuate; it is now at a dangerous
extreme. If direct taxation in
stead of borrowing had been used
during fiscal 1959 to pay the 13
billion-dollar deficit only, it would
have required the confiscation of
all personal incomes above $4,000.
The greatest danger of a higher
debt lies in the possibility that the
dollar will continue to deflate in
value. History is replete with ex
amples of liquidation of national
debts by cheapening the currency
to make it easy. This is just a
slightly less quick, but equally
disastrous method of wiping out
the savings of a society.
The national debt must be paid,
and paid in hard dollars. Any oth
er course would wipe out all re
tirement funds, savings accounts,
bank deposits, insurance policies,
and indeed, all financial values.
There is but one way to meet the
obligations of the Federal Gov
ernment. Expenditures must be cut
well below the level of income de
rived from the present level of
taxes, and the balance used sys
tematically to pay off the Gov
ernment’s unconscionable debt.
Such a course will be unpopular
with those who want always more
and bigger welfare programs. It
can only be accomplished if the
public fully realizes the danger
and keeps the pressure on the
Congress to cut expenses.
Economy has played a major
part in my evaluation of legisla
tion before the Congress. I have
opposed, and will continue to op
pose, new and unessential spend
ing, for any other course would
sacrifice the security of almost
every person in South Carolina
and the United States.
weekend with her daughter in
Bishopville.
Mr. and Mrs. J. A. Williams
have as a guest his niece, Mrs.
Pauline Jamison of Meadow View,
Va. ~
Mrs. Bendora Shealy of Colum
bia was a guest Friday of Mrs.
Colie Wessinger.
Mr. and Mrs. Austin Scott and
children, Melissa and Scmny,
have been guests of Mrs. Pat E.
Wise. They left Wednesday for
Melbourne, Fla., where both will
teach the coming session. Mrs.
Pat E. Wise accompanied them
and will remain for several weeks.
With Mr. and Mrs. Colie Wes^
singer for the weekend was her
sister, Mrs. H. W. Smith of Cayce.
Mr. and Mrs. Earl Bedenbaugh
and daughters, Earlyne Jean and
Janice, are at Daytona Beach,
Fla. Mr. Bedenbaugh was the win
ner in a contest conducted by the
Pure Oil Company, the prize being
this trip.
MILLS CLINIC PATIENTS
Mrs. Minnie Johnson, Little
Mountain.
Oscar Ruff, Saluda.
Brooks Haltiwanger, Little
Mountain.
Mrs. Maggie Stewart, Newber-
ry.
Lula Wise, Prosperity.
Recent Marriages
Jerry Lee Padgett of Laurens
and Phyllis Elaine Hill of Whit
mire were married July 18 at Lau
rens by Rev. James A. Williams.
Charles Wayland Gilliam and
Norma Louise Langford of Whit
mire were married at Whitmire
on July 25 by Rev. Ernest H.
Fisher.
John Coyt Suber and Anna Eu
genia Martin of Newberry were
married August 2nd at Newber
ry by Rev. Neil E. Truesdell.
James Walton Kesler of Route
4, Newberry and Lynda Rebec
ca Waldrop of Route 3, Newber*
ry were married by Rev. James
W. Aiken on Route 3, Newberry,
August 2nd.
PROSPERITY
NEWS
Dr. and Mrs. W. Leslie Mills
and children, Jennie, Dean and
Mike have been at Daytona Beach
for the past week.
Misses Averette Chappells and
Kathy Myers are spending this
week at Lutheridge.
Dr. and Mrs. C. K. Wheeler are
on a trip to New York. Before
returning, they expect to tour the
New England States.
Mr. and Mrs. Voight Wessinger
of Leesville were guests Sunday
of Mr. and Mrs. Colie Wessinger.
Misses Nancy Ruth Barnes and
Doris Moore have been vacation
ing at Myrtle Beach.
Little Miss Janice Bannister of
Abbeville is a guest of Mr. and
Mrs. J. L. Sanders.
Dr. and Mrs. J. E. Wessinger
left Wednesday for a vacation at
Sea Island, Ga.
Mrs. A. B. Hunt, Mrs. Joe
Spotts, Frances Ann, and Larry
were weekend visitors of Mr. and
Mrs. Caroll Pressley of Sumter.
Mr. and Mrs. Dan Hamm Jr.,
Susie and Danny are spending
this week at Myrtle Beach.
Mrs. Robert W. Pugh is spend
ing a few weeks with Mr. and
Mrs.. Ernie Price of Handover, N.
J.
Mrs. Carl Caughman and Rusty
of Atlanta, Ga. are visiting Mrs.
Cora B. Stockman.
Mrs. J. P. Perry and Alice Dawn
Perry of Johnston, were guests
of Dr. and Mrs. Bob Perry of
Lancaster, the past week.
Rev. and Mrs. B. M. Clark have
as their guests Mr. and Mrs. W.
H. Helton and children, Clark and
Kathy of Kenansville, N. C.
Mr. and Mrs. W. B. Ackerman
Jr. and W. B. Ill of Columbia
were dinner guests Sunday of Mr.
and Mrs. W. B. Ackerman.
Mr. and Mrs. G. M. Williams,
George, Marsha and Leslie, Mr.
and Mrs. W. C. Ross, spent the
week at “Isle of Palms” guests of
Mr. and Mrs. Rudy C. Barnes at
their cottage. They were weekend
guests of Mr. and Mrs. W. C.
Barnes before returning to their
respective homes.
Mrs. L. G. Outlaw spent the
Hospital Patients
Olin J. Adams, 2119 Brown St.
Miss Clara Brown, Rt. 2, Pros
perity.
Mrs. Gladys Bodie, 2401 Rosa-
lyn Dr.
Miss Angie Brehmer, Rt. 1, Ki-
nards.
Mrs. Ida Baker, 615 Main St.
Baby Girl Cook, Rt. 3, Prosper
ity.
Mrs. Reba Chapman, Rt. 1,
Prosperity.
Little Miss Linda Chandler, Rt.
1.
William Culbreth, Slaton St.,
Whitmire.
Mrs. Marion Duffie and Baby
Boy, Rt. 1, Saluda.
Mrs. Loise Davis, 816 Pauline
St.
Miss Chloe Epting, Little Moun
tain.
Mrs. Mittie C. Gilliam, 1608 3rd
St.
Mrs. Hazel Gilfillan, Rt. 3, Box
159.
Wyse Hill, Little Mountain.
Holland Huffman, 2011 McDow
ell St.
Mrs. Essie Halfacre, Rt. 2.
Mrs. Ruby Harmon, 1904 Evans
St.
Mrs. Mamie Harmon, Rt. 1,
Prosperity.
Mrs. Betty Kinard, Rt. 3, Pros
perity.
Mrs. Ossie Lee Kinard, Box 70,
Prosperity.
George Lester, 1203 Second St.
Ellis McCollum, 526 Boundary
St.
Mrs. Nellie F. Mason, 1325 Sum
mer St.
Mrs. Euna Mize, Rt. 1.
Mrs. Estelle Marlowe, 1519 Har
rington St.
Mrs. Rebecca Rogers and Baby
Boy, 281 McCravy St.
Mrs. Clara Richardson, Rt. 1,
Pomaria.
Mrs. Patsy Shealy and Baby
Boy, 1509 Dave Dr.
Miss Louise Snelgrove, Rt. 3.
Walter Berley Wicker, Box 123,
Prosperity.
Mrs. Clara L. Wright, 808 Col
lege St.
Carrie Mae Davis and Baby
Boy, RL 3, Prosperity.
Julia Epps, 113 Duckett St.,
Whitmire.
Lamorris Hendrix, Rt. 2,
Blair.
Ella Mae Hill, Rt. 3.
Your County Home Agent
Tues. & Thurs. — 12:50 to 1:05
0
/
Your County Agent
Mon., Wed. & FrL — 12:50 tp 1:05
—ON—
'A l f? 1
Presented by Newberry Electric Co-op
*
mmm
( A
u A F; t
Accommodations
are procurable during the summer sea
son and on through 1960 due to expand
ing facilities now open and to be open
soon. Prior reservations are desirable
and are requested but not mandatory.
W'rite, telephone or wire the following:
Forrest Runnels, The WANDERER, Neptune 5-2211
A. L. Nance, Jekyll Club Hotel, NEptune 5-2281
Vernon Moore, Jekyll Estates Motel, NEptune 5-2924
•Fred Collier, Corsair Motel, NEptune 5-2291.
•Mrs. James Whaley, Seafarer Motel, NEptune 5-2202.
•To open approximately August 1, 1959.
Consolidate...
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Purcells
“YOUR PRIVATE BANKERS’
1418 Main St
Newberry, S. C.
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