Historical Newspapers of South Carolina

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/ • •« V V V, > ^ V • ’ m 1 ■’ *ri»i SK.v '■jP r- ; y it'-tsfr Srfpp.. :■ it r r'' wm <4X' W$&\ ,1 ■■ •' ■ 'Sv, -. f ;V • : ». v : 1 ; - W '& WF?- ':* 1 ' fT*' mummer: • ■ y , . . - PAGE SIX ' THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA £ ■» COMMENTS ON MEN AND THINGS (Continued from page 2) widely traveled—well educated—men and women whom you would expect to use better judgment. How can it be that such Americans—blessed with free dom, with the right to a voice in their own well-being, with the advantages of a free enterprise economic system—would voluntarily give up all this freedom? Why would they, of their own choosing, place their destiny in the hands of for eign governments which know nothing, and care less, about our American system ? Their answer is that a One-Worid Government w r ould elim inate wars by making every country subject to a central authority.” Fine if we were that authority. ‘This is the kind of reasoning, albeit the purpose is noble, is so highly Impractical as to be not merely umealistic but actually foolish. We do not have to be widely traveled to know that the world is composed of many kinds of human beings—people who have vastly different standards of living—people with different religions—people who hold different theories of government. By the very nature of these differences no two countries can agree on one set of laws that is equally ac ceptable to both. You have only to consider the United States and Soviet Russia to realize the truth cf this. We Americans are a free people. We are free to vote on issues confronting us. We are free to worship as we see fit. We are free to select the way in which we earn a living. We are free to disagree and to voice our opinions. We are free, by provisions of the Constitution, to even change our form of government if the people so desire.” And we are doing that without the people. “In Russia, the average citizen is a slave of the State. He has no vote, no voice in his government. He has no real choice of religion, for Communism is atheism. To earn his daily bread he works where his boss tells him to work. There are certain fundamental truths that we must not forget and one of them is that human nature does not readily change without the application of God’s power. Individuals still are good and bad; greedy or unselfish; honest or crim inal; loyal or subversive. These traits of the human being have existed since the time of Adam and will continue to Judgement day. Thus it is that the uncontrollable desire for power has been back of the evil plans and evil actions of every dictator group—of all the anti-freedom conspiracies in history. The super-colossal .conspiracy of all time would be One World government. This is one of the many cases that arise today in which clear-eyed thinking is called for on the part of all Ameri cans who cherish their freedom. We must be constantly on the alert against letting ourselves be drawn into support of high-sounding schemes that are loaded against our own country. The One World government idea is such a scheme. Those who advocate One World government, whether they are mis-informed or mistaken, are not working for the best interests of the United States. They are not working on be half of freedom. They are not seeking to advance the cause of Christian ideals.” Some people truly are in the clouds, or vast, impenetrable ’ ' ;x MP THURSDAY, JUNE 23, I960 H?" — Sports Afield By TED RESTING To any fisherman, a pond contain^ a thousand wonders. To a small boy it is also likely to be a fishing primer where lessons are learned from schools of yellow perch, calico bass, saucy sunfish or a lively encounter with Mr. Pickerel. Maury Delman, a feature writer for Sports Afield mag azine, says many fathers take their sons to a pond in hopes of furthering a wonderful relationship and introducing them to the world of angling. Unfortunately, many men start their youngsters off in the wrong direction simply because of a lack of knowledge of the boy’s capabilities and available equipment. ' ’ ’ Let’s take a look at the average father outfitting his son with tackle. The reel will probably look like a large coffee grinder and the rod stiff enough to snub the run of a frantic salmon. Believing that the boy Will be unable to handle a fairly big fish on a light line, he will load the reel witli 16- pound-test and usually overload it. Though Dad will be able to handle this gear with ease. Junior’s efforts are sure to result in near disaster. I ? V The outside rod and reel are just too much for any lad. He will be forced to cast by grasping the rod butt with both hands in the manner of a surf caster heaving for a distant breaker. The heavy line, an underloaded spool and the boy’s need to “force” his casts will prevent the lure from going beyond a rod’s length from the boat. wliat is the right tackle for Junior? Believe it or not, ultra light is made to order. Get him a 4 1-2 foot ultralight spinn ing rod—its weight will usually be only a few ounces. Fit it with a diminutive spinning reel and load it with three- pound test monofilament; this line could be cast effortlessly and still safely handle pickerel not horsed or lifted without the aid of a net. Lures to match this outfit will weigh about one-eighth ounce. Watching a youngster use ultralight tackle will make you realize it is not the exclusive tool of experts. It’s the perfect tool for all young anglers. It’s their size." It’s their speed. It’s fun. After all, if it can give the youngster the impression that he’s battling a tuna when a sunfish is really on , the other end, ultralight has created an inspiring illusion. From such incidents, anglers are spawned. mistiness of intellect rather than an approach to the Celes tial Kingdom. One such man owed a friend of mine $400 and let it lag and drag for years. Along came an evangelist and under bis preaching our man was “converted.” He told my friend that he no longer owed the $400 for all his debts had been for given by the Lord!! What think you of that?? This is the season for a special sort of oratorical flight up to heights so far beyond all practical approach oy evaluation that not even a sputnik could overtake them. \ See the Chevy Mystery Show in color Sundays, NBC-TV which floor belongs to Corvair? the one that remembers people have feet! “Hey,” said our Corvair engineers (bless ’em), “people who sit in the middle seat have feet, too!” So they put Corvair’s engine-transmission package in the rear (only U.S. pompact built that way) and presto! a practically flat floor, front and rear. Drop in at your dealer’s and try Corvair’s middle seat. Then slide behind the wheel and pretend that Corvair Corvair 700 4-Door Sedan [$ yOUTS. Soon will be, WC think. BY CHBVROLBT <?»,> authorized Chevrolet dealer for economical transportation KEMPER CHEVROLET COMPANY 1515-1517 MAIN ST. NEWBERRY, S. C. PHONE 982 f > mm Deception in Slogans THE HISTORY OF SLOGANS almost exactly parallels the his tory of advertising. In “present day usage, no other gimmick is a better and more used seller than the descriptive or catch-word slo gan. Admittedly, the emotional or intellectual appeal of a slogan is illusive, but it undeniably exists. LN EXAMPLE of the decep- of the slogans ou legisla tive issues is one character ised by the phrase “clos ing tax loop holes." From time to time there does de velop, either through ah oversight b y the Congress in the passage of the act, or through court decisions constru ing the act, unintended and unjust results. Unfortunately, however, the phrase “loophole” is not so re stricted In its use, and is decep tively used to describe an inten tional and purposeful feature of the tax law. A MAJOR EXAMPLE of the deception which arises from the use of die term, “tax loophole,” is that of the tax dividend credit and exclusion.^ In 1954, when the In ternal Revenue Code was revised, a provision was written into the law which provides that the first $50 of dividends received by any individual is excludable from tax able income and, therefore, not taxable. In addition, a credit is allowed equal to 4% of the re maining dividend income received, subject to certain limitations. SINCE DIVIDEND income is the only type of income which re ceives such treatment, those who object to the purpose of this pro vision. or wish to make an appeal for votes of the general public in the full knowledge that those who receive dividend incomes are un organized, characterize their ef forts to repeal the provision as j one to “close a tax loophole.” The use of “tax loophole” in this con nection is completely deceptive, for the dividend tax credit and ex clusion is not a loophole. It was intentionally enacted for two reasons. The first reason was to promote the investment of private savings in free enterprise ventures to pro vide additional jobs for our grow ing population. In most indus tries, an investment of thousands of dollars is required to provide a job for one person. This money n come* only from private sources, and individaal savings are the largest single source of these funds, % THE SECOND REASON lies in the very nature cf the tax treatment of income received from dividends. Dividends, by their definition, are paid by private corporations from the profits of the business which .they conduct. The profits of the cor poration, however, are taxedprtor to the payment of dividends, usually at a flat rate of 6M%. When the dividends are paid to the stockholders, who have in vested their money in the corpora tion for its operation, the.indi vidual must pay personal income tax on these funds. It is apparent, therefore, that the income, on which this so-called “favorable treatment” is given, has already been taxed once before the impo sition of the tax on which the credit and exclusion is given. WE ARE ALL aware that all is not gold that glitters, and. we should be equally aware that every tax treatment called a “loophole” is not a giveaway. GRATITUDE I am >ery grateful to the people of South Carolina for the magnifi cent vote of confidence given me in the June 14 primary election. I shall continue to give my best ef forts to my duties in the Senate and my responsibilities to our people in order to fulfill to the utmost the great confidence placed in me. Sincerely, I RIGHT III STTIJE . . Off ittAunco i/nevauer scrap fair la Paris. * g/jfr-c . tn Out center of the |H j£JLrC&yr\~* (Xot printed at government expenee) Hr ■■II. ■PWIIIM rT w A#’ vl t-ti W i si a w- and to go down to Hie Iflfi: —— —■ We Are Pleased To 7ZHF Jr* ■ M Semi-Annual Dividend i ■ „ / Payable As Of June 30, At Our Current Rate Of L ■M-, .fvl •t KTiJ imx per annum Each Account Insured by Federal Loan Insurance Corp. Up To $10,000.00 I y- ? v f 7 ' • •. • Funds Received Here By 1960 Will Receive Earnings From July 1st. The State Building & Loan Association 1117 Boyce Street Newberry, S. C. TELEPHONE 189 'Vf-; '■■I --vi m m mth ■ r • ‘-i ■- - im OFFICERS AND DIRECTORS R. B. BAKER, President THOMAS H. POPE J. DAVE CALDWELL, Vice-President - R. AUBREY..HARLEY PINCKNEY N. ABRAMS, Secretary-Treasurer LOUIS C. FLOYD Y-/. I *