The sun. [volume] (Newberry, S.C.) 1937-1972, July 07, 1960, Image 2

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PAGE TWO THE NEWBERRY SUN, NEWBERRY, SOUTH CAROUNA THURSDAY, JULY 7, ■ ■ - rnmmmm ■ ■■ * ih-w- '. -7T. ms cw—n stiM NIWBBERT. 8. C. PUBLISHED EVERY THURSDAY O. F. Armfield, Jr. f Owner Second-Class postage paid at Newberry, South Carolina. SUBSCRIPTION RATES: *2.00 per year in ad- vance; six months, *1.25. Breedin Talks Of S. C. Men Of Renown By J. K. BREEDIN Your president delicately hint ed that an inspiring talk might appropriately ei*; .hie this occa sion. As a former teacher of his tory I have drawn lessons from the illustrous figures of antiqu ity for that is a safe course. But S# you embark on the voyage of a career in business I think I may tell you for your guidance and in spiration not of the great giants of industry of the Nation of gen erations ago, but of men of ach ievement in South Carolina whose friendship has honored me. Three have passed on within recent yean; five are with us in active participation in the work of the world. Two were industrialists o£ surpassing accomplishment: Jas. C. Self and William H. Regnery; two are preeminent in affairs of government; two are bankers of broad connections in other fields; one is a commanding figure in our industrial development as a fore most constructive leader in the field of electricity, natural gas and atomic power; one was an amazing person who labored splendidly in our highly competi tive world though hampered by blindness. Others have told of our illus trous leader; in war and in the vexing days of national turmoil and confusion; I find vast stimu lation in the notable service to State in peaceful pursuits. All of these men started hum bly and built careers that may richly reward your emulation. One reason that occurs to me is that America is still the land of opportunity even though we have enough hair-brained, pseudo economists in public life to rocH> the Ship of State and even wreck it on the shoals of fantasy. Thousands of great positions wi\l call for new leaders within the next generation, as Ithe lead ers of today and tomorrow pass i.ito retirement. That is a vast field of opportunity to guide yotrr planning. You may recall the words of Longfellow: Lives of great men all remind us We can make our lives sublime And, departing, leave behind us Footprints on the sands of time. If you will study the eight gen tlemen I present for your inspira tion you will find certain qualities in each one—attention to detail; steady and steadfast devotion; loyalty; ambition and aspiration with unwavering application to the job in hand,,while cherishing a vision of the opportunities ahead. All of these gentlemen have iden tified themselves broadly and helpfully with their fellowmen. They worked. I quote Longfel low again: “The heights by great men reach ed and kept Were not attained by sudden flight. ; ’ But they, while their companions slept, Were toiling upward through the night.” ^ Look to the future; have vision, but don’t be merely visionary, an idle dreamer; concentrate on doing each day’s work well; not just passably: do it well, learn the business and grow with it. No one can measure your cap abilities; you yourself do not know the power of your own po tential; work will develop you beyond your dreams. As the tu tors say: “YOU LEARN BY DO ING.” Don’t be afraid of the job; once you absorb the atmos phere it will be like the sun break ing through the morning mist. Within you is the incalculable possibility of a marvelous brain: use it. Some men mature early, others find themselves later. “Stonewall” Jackson was an or dinary plodder at West Point and afterwards, but the roar and the flash of the guns, the tumult of battle, awakened the genius which is still recognized by all military men. William Pitt and Napoleon were brilliant early; George Washington, the incompar able man of wisdom, flowered lat 6T. WILLIAM H. REGNERY whose childhood and youth I’m told were spent in Illinois and Iowa made of himself an industrialist and phil anthropist whose benyfa c t i o n s were on a national scale. One of the quietest and most unaBwmning mot he was a man of vision whose practical dedicat ion enriched the spirits of thous ands of people. Mr. Regnery*s success in the world of industry and commerce is eloquently established in Chicago and in South Carolina, but com paratively few knew him as a militant apostle of freedom and democracy. Mr. Regnery was one of the gentlest and most gracious men I have ever known, but in that mod est manner he pursued relentless ly a career .phai^icterized fay. deep understanding of ..men and perva sive sympathy jfor alt .who work. 5 PW Wlpet*6*ShI,-fae *«S- and still ia—a great stipiulating force, an abiding inspiration. He sought no favors, no public: ac claim, but he found durable satis- factoins in his program and pur pose to lighten the burden o f others and to maintain the funda mental traditions of our Nation, untarnished, immutable in the full splendor of our heritage. EDGAR A. BROWN, Mr. Brown is known as the senator from Barn well county and as a senator of great influence. But we know that the urbane and genial senator began his career in Aiken county in the Horse Creek valley. There, as a boy, he worked in a cotton mill. As a boy and throughout his life Mr. Brown read and studied, earning the tribute of being one of the best educated men in the State, a tribute by President Mc- Kissick, while at the head of the University of South Carolina. Young Edgar was a 'lad of am bition, with a will to work; and he studied stenography, winning appointment as Court Reporter in a contest with his own teacher of stenography. V In court and out of court he learned the principles of our jur- siprudence and this he coupled with a wide range of reading and an insatiable urge to forge ahead in life. He is today a banker, law yer, legislator, farmer and man of other varied interests of mag nitude and is recognized through out the State as a dominant factor in onr public life. In very truth, a self-made man—a life trustee of Clemson and a Doctor of Laws. JOHN E. SWEARINGEN. This man’s life should be an inspira tion for, all men. Blind since his youth he did not sit back and re quire attention: He resolved to prepare himself academically' in competition with other students, seeking no favor but standing on his own feet. And he graduated with first honor! And did he then retire on hie laurels? No; he en tered the huxiy-buriy of life and served fourteen years at State Superintendent of Education. He asked no favors, but used his splendid inntellect and his robust character as a constructive in fluence in South Carolina. Mr. Swearingen was one of our really extraordinary men. SILAS C. McMEEKIN. In the rocky and rugged land near Jen- kinsville, Fairfield county, there was a lad on the farm who dream ed of becoming an engineer. He dreamed of. planning and building and operating machinery, not railroad locomotives. We have mechanical engineers, construction engineers, electrical engineers, mining engineers, and other engineers. When I was in the Andes moun tains I met many mining engin eers; they were looking for cop per, silver and gold. Today we have a master of electrical engi neering. Silas C. McMeekin purposed in his heart that he would he a builder. Mr. McMeekin graduated from Clemson college a student of en- ginneering. He entered the field of electric power and applied him self with that diligence that brings a man before kings, as the Scripture tells us. As a young man—he still is— Mr. McMeekin climbed the ladder of success both here and in Mis souri until he was called to the presidency of the S. C. Gas and Electric company. In this position manager, but his vision led him to expansion, development, merger, until he achieved a commanding position among the leaders of in dustry in the South. Mr. McMeekin did not rest on his laurels; he is always alert, far-seeing and able to resolve his visions into immediate practical ity. So he persuaded his very able and cooperative directors to en gage in the sale of natural gas. Even while that was still in its early stages of development his imagination encompassed the idea of atomic power, nuclear fission— and all that, still foreign to most .of us as an every day factor in practical living. It was not a thing far away to S. C. McMeekin: it was the next step and in characteristic compre hension he set out to include that, too. Today, many great power plants and hundreds of miles of natural gas mains attest the resourceful manager who prepares far in ad vance for every contingency, but at Parr is being built what is commonly called an Atomic Power plant, a plant that may show" the way to economic utilization of ur anium and all its derivatives and substitutes. This vigorous man of pre-emi nent achievement is the mature mind and spirit of Jenkinsville raised to Nth power, as they used to say. Mr. McMeekin is still the thinker, student and planner and the courtly gentleman,. always. JAMES C. SELF. A little boy of ten years in the sandhills of old Edgefiled when the father, country physician, passed away. The future must have seemed un promising. Edgefield was the land of sol diers and statesmen, msny preem inent in our history. But EdgefieU was not then and not now a cen ter of industry, though still an area of delightful people. What did it offer? In the course of time James 0. Self served as clerk, bookkeeper, cashier. Then he took a great adventurous turn the regard him as the greatest man ever born in South Carolina, . .. He was a master of detail but was never lost in details. He had vision and purpose. Ohe>da^4 was sitting in the Hanover ■ National Bank in New York citjr with- several gentlemen including the president and vice- president. All the conversation was about James C. Self. Riding with Mr. Self one day he pointed and said “See that?" He was obst^viftg the smoke from the gimftr. thaft or flue; just a mere wisp of smoke. ‘Perfect com bustion’ he said. JMe . ufcldri ifd tim every detail. fr^ A. L. M. WIGGINS. An assid uous Stqdent of facts and figures a master, of. detail, yet a man of comprehensive appreciation of all STATEMENT OF CONDITION The State Building & Loan Newberry, South Carolina As of June 30, 1960 ASSETS 762 FIRST MORTGAGE LOANS $3,050,059.73 Well secured loans on properties in Newberry and vicinity being retired in monthly payments. First mortgage loans only, the unpaid balance of which now average $4003. per loan. SHARE LOANS 48,089.17 These loans are secured by Savings and Investment Share Accounts of the Association. FEDERAL HOMELOANBANK STOCK Our membership in this Bank System places at the disposal of this Associ ation $1,480,000.00 of additional funds desired. OFFICE BUILDING Less Depreciation REAL ESTATE SOLD ON CONTRACT MISCELLANEOUS ASSETS This item consists of furniture and fixtures owned by the Association, and certain expenses prepaid. OTHER SECURITIES U. S. GOVERNMENT SECURITIES CASH ON HAND & IN BANKS Working balance providing ample funds to cover all approved loan ap plications as submitted and accepted. 55,500.00 40,384.17 3,956.30 17,418.88 250,625.00 200,787.50 310,722.98 $3,977,543.73 LIABILITIES SAVINGS AND INVESTMENT SHARE ACCOUNTS $3,793,404.43 Funds paid - into the Association for savings and investments. LOANS-IN-PROCESS Undrawn balances on new building loans, and -deposits for purchase of Homes. 41,339.27 RESERVES AND UNDIVIDED PROFITS These reserves have been built up through years of careful manage ment. They insure the stability of this institution and protect members against all possible or contingent losses. OTHER LIABILITIES Escrow funds. 141,859.66 940.37 *3,977,543.73 HOME LOANS INSURED SAVINGS Each Saving and Investment Share Account Innsnred up to *10,006.00 by The Federal Savings and Loan In surance Corporation Washington, D. C. Current Dividend Rate 4% Per Annum; Payable Semi-Annually Funds received here for savings and investment on or before the ICfth of each month will receive earnings from the first of that month. OFFICERS AND DIRECTORS R. B. BAKER, President J. DAVE CALDWELL, Vice-President PINCKNEY N. ABRAMS, Secretary-Treasurer THOMAS H. POPE % * * A : - R. AUBREY..HARLEY LOUIS C. FLOYD v ‘ r 1- * * Mr. McMeekin not only proved Jin the cotton textile industry, himself an able and resourceful! If you would see his monument go to his mill villages and look around you. A banker told me that Mr. Self was the richest man Cole of California French maillot Fashion fantastiqut... crisp checks and fat White buttons promenade on this sleek chic Chromspun Lastex maillot. Plunging V both fore and aft. Inner bra, naturellement. Vanilla Bean or Cole Black checks. “Mam’selle,” sizes 10-16 the economic factors. L i In his young manhood he en tered the service of the Coker interests and his application was recognised and warded by rapid promotion he became President of the and General Mai iger of what wan reputed to be the largest mercan tile establishment in the* State. During all that time Mr. Wig-' gins wae actively identified with many organizations of business., banking and general welfare. Mr, Wiggins is the heir of Hartaritte tradition of vice as ; so well J exem ■' hr Mir. arid Mr. J. J. Lawton. Wiggins has many activities both ia and Nationally. ’ (Continued oa page S) -"«■■■ ' < < ', " 1 . :* 5 wjm ' s'*?/ # V \ heart: beat of main . 1 9 ■ 12:00 to 1:15 PJM.—Obituary Column of Air . . . Wbrld, Carolina and Local News . . . Farm & Ho»J|f Program . . . County Agents and Home Agents . w . Weather and Market Reports . . . Moments of Medi tation ... Public Service by Williams Monday through Saturday. -ON— V J 1 • Ail 1240 Kc. mm ft t * > *L-* i .1 — fpii See the Chevy Mystery Show is color Sundays, NBC-tV. CHEVY’S Cl P* .■ in. V m .-^2 Here’s another off Corvair’s exclusive advantages—and you sure won’t want to be without it these warm summer days. We’re speaking of the friendly way Corvair keeps you cool and comfortable, with only fresh outside' air coming your way. No front-engine or undcr-car exhaust heat bothers you in a Corvair. And this is only one of the wonderful advantages Corvair’s rear-engine design has in store for you. You’ll like that practically flat floor, the dig-in-and-go traction, the nimble handling, too. Corvair sound like a real treat to yoii? Well, one drive at your dealer’s will back up every word we say. bv CHBVROt.Br . Carpenters NEWBERRY. S. C. 1515-1517 Main St