Historical Newspapers of South Carolina

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PAGE TWO THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA THURSDAY, JULY 14, 1960 1W NEWBERRY, 8. C. PUBLISHED EVERY THURSDAY O. F. Armfield, Jr., Owner Second-Cl&ss postage paid at Newberry, South Carolina. SUBSCRIPTION RATES: $2.00 per year in ad vance; six months, $1.25. Rises Early For Her Biblical Inspiration WASHINGTON AND SMALL ■VV' By C. V^ILSON H A R.DBR ' Every ship that sails the seas has designed into its hull a resistance to storms. If it lists to one side to say a 60 degree angle, or so, it i$ built to re cover from this list and come back on an even keel. However, if it lists over beyond the limits the hull was designed for, the ship usually founders. * * * And there Is considera ble doubt at present over the wisdom of the maneu- vering of credit the past few years by the C. W. Harder Federal Reserve Board. As ex pressed by these observers, 4here is always the danger the Federal Reserve Board gov ernors can take action that will founder the economy. * * * For some time, the nation’s independent businessmen, vot ing through the National Fed eration of Independent Busi ness, have been in favor of there beirig small business rep resentatives on the Federal Re serve Board. * * * The Federal Reserve Board is a fairly new-fangled thing. It was not started until 1913, about the same time the income tax law was passed. ♦ * * In the past few years, with taxes to finance foreign give aways holding down business reserves, credit, in one sense of the word, has become more important than cash. v * * The Federal Reserve Board has in actuality become nation al business managers. When the governors feel business ac tivity will be high, credit is © National Federation of Independent Business made scarce to hold off infla tionary forces. If economy de clines, credit is loosened. * * * In the three business reces sions of the past ten years 1954, 1958 and the first part of 1960, several months prior to the slump taking place, credit was made scarce. In 1954 and 1958 the ship was put back on an even keel by loosening credit. It is too early to tell what will happen in 1960, but it is felt by many there is the dange* that this frequent listing of the ship may result in a situation where it cannot right itself. * * * The governors of the Fed eral Reserve Board are, by and large, men of integrity. But they are usually drawn from the rarified atmosphere of major financing. * * v Grandiose plans by a few big industrialists mean nothing if Main Street cannot sell the products of these factories. v v v It is also possible that to combat inflation, credit should be made scarce for purpose of building more productive ca pacity. But that does not neces sarily mean that low cost credit is not needed to expand distri bution facilities in the nation. * * * It is quite possible for the controlling -‘ody of a nation’s credit to get so engrossed in one segment of the economy that it loses sight of the others. v * * And after all, the furnaces of Pittsburgh, the assembly lines of Detroit, are useless junk unless there are healthy distribution facilities on Main Street. Thus, handling of na tion’s credit is too vital a thing to be left with a restricted view point. Small Business presenta tion on Federal Reserve Board appears to be long over dxe. By MRS. A. H. COUNTS Although her sight is failing badly, Mrs. Henry L. Parr reads her Bible religiously every day. Mrs. Parr, who recently observ ed her 90th birthday, gets up at 5 a.m. every day for an early breakfast, then spends the next hour reading her Bible and study ing her Sunday School lesson. It’s at this time of day that her sight is sharpest. She’s al most blind due to cataracts and, as the day advances, it becomes more difficult for her to see. Since she has been crocheting for many years, she can still do this without putting too much strain on Tier eyes. She always en joys crocheting something for the family or a friend. When Mrs v Parr observed her 90th birthday late in June, about 200 friends an^ relatives called to extend theii* good wishes. She re ceived many cards and letters from friends lh distant places. Mrs. P^rr, the former Miss Mary Boyd, is a native of Newber ry County. * r *Sh^ spent her early life at Prosperjty where she fin ished h\gfi yj'hbiir ’ knd then stu died two years at the Women’s College at Due West, now known as Erskine College. She taught, school two years. Mrs. Parr attributes her long life to her trust in God. She re calls that as a child the Bible had a prominent place in the fam ily home. Her father had family worship twice daily, in the morn ing and again at night. Throughout: her life Mrs. Parr has been active in all phases of church work. She is a member of the Newberry ARP Church where she taught the Ladies’ Bible Class for about 30 years, retiring as a teacher a year ago. I Recent Marriages Tommy Jason Frick of Chapin and Mabliqn j Turner of Ninety Six, were married on July 1st at Chapin by Rev. John D. Zeigler. Tommy Milton ! Folk, Jr., of Newberry and Agnes Elizabeth Bagnal of Manning, were married at Mannning by Rev. Wm. K. Bag nal on July. 3. David Reighley and Mabel Eli zabeth Shealy of Newberry were married by Rev. H. A. McCul lough Jr., on July 3rd at Newber ry. Fredrick Ear}*, Lusk of Newber ry and Janie Lee Alexander of Whitmire, were married July 3rd at Whitmifte bpf,,Rev- ^ oe West. Jerry S. Kooh of Chapin and Peggy DominicTc of Prosperity were marked by Rev. Garth L. Hill on July 1st at Little Muon- tain. DEES* TRANSFERS Newberry No. 1 Gertrude A. v Julian to Walter S. Walker, one lot on Evans St., $5 and other valuable considerations. Newberry Ni*. 1 Outside E. Maxcy Stone, Probat# Judge* to Winchester Graham, Ine., one lot and one building,, $2500. Silverstreet No. 2 Alma Gillotte and James P. Blackman, two lots and one build- in, $5.00 love and affection. James C. Floyd to William C. Floyd, 112 acres and one building, $5.00 love and affection. Bush River No. 3 William E. Senn to Jessie Levi Longshore and Mattie K. Long shore, 2.05 acres, $5.00 and other valuable considerations. Whitmire No. 4, Mrs. Lena Young Lindsay to Alice McClintock Goodman, one lot, $10.00 and other valuably con siderations. Whitmire No. 4 Outside T. D. Kinard to Mrs. Lucille G. Leamon ,100 acres, $4500. Mrs. Butler Lee to Huey L Bonds, 4.3 acres, $500. Robert 0. Lake to Muriel H. Lake, 5.25 acres, one-half inter est, $100 love and affection. Pomaria No. 5 Carroll H. Counts to Charles Rook Counts, 40 acres and one building, $5.00 love and affection. Carl M. Stuck to Kenneth E. Stuck, 31.7 acres, $3.00 love and affection. Little Mountain No. 6 John L. Sinclair, Jr., to S. N.. Crayne, 2.71 acres and one build ing, $100.00 and other valuable considerations. Prosperity No. 7 Virgil L. Cotney to T. J. Mc- Nease ,one lot, $5.00 and other valuable considerations. V. L. Cotney to T. H. McNease, one lot, $100. South Carolina Electric and Gas Co., to T. J. McNease, 1.43 acres, $1.00 and other valuable considerations. J. D. Hamm to Bessie Inez Boozer, 65.4 acres, $756o. Ray Bedenbaugh, Clyde Beden- baugh and Ethel T. Bedenbaugh, to J. D. Hamm 65.4 and 3.6 acres, $5.00 and other valuable consid erations. Ira H. Kinard to George K. Dominick, 100 acres, $5.00 and the exchange of property. George K. Dominick, Lila D. Lail, Ira H. Kinard and Bonita D. Kinard to Teddy P. Dominick, 122.5 acres, $5.00 and the ex change of property. George K. Dominick and Teddy P. Dominick to Ira H. Kinard and Bonita D. Kinard, 111 and 19.8 acres, $5.00 and the exchange of property. George K. Dominick, Teddy P. Dominick and Lila D. Lail to Ira H. Kinard and Bonita D. Kinard, 53.6, 70, 39.8 and’9.2 acres, $5.00 and the exchange of property. Teddy P. Dominick, George K. Dominick, Ira H. Kinard and Bo nita D. Kinard to Lila D. Lail 18.2 and 5.8 acres, $5.00 and the ex change of property. Banks F. Enlow to Mrs. Mild red K. Enlow, 44*3 acres, $5.00. general repairs to dwelling on Green St., $75.00. July 6: T. D. Timmons, one'sev en room, brick veneer dwelling on corner Clarkson and Amelia Sts., $12,000. Building Permits July 6: Cyril y Hutchinson, one six-room wood frame dwelling, 1301 College St., $8500. July 6: Arthur Robertson, gen eral repairs to dwelling, 609 Dray ton St., $250. July 8: Mrs. Evelyn Reeves, Was Brother Of Local Resident , The Rev. W. IL^Jack) Gatlin* 82, retired Methodist minister and resident of Greenwood, died Saturday at 4 p.m. following an illness of several weeks. Rev. Gatlin was first married to the late Leila Patsy Davis Gat lin and is survived by his second wife, Mrs. Nancy Davenport Gat lin. Also surviving are several children, step-children, and three brothers, including L. E. Gatlin of Newberry. * State Bank No. 67-693 REPORT OF CONDITION OF THE BANK OF COMMERCE OF PROSPERITY, IN THE STATE OF SOUTH CAROUNA, AT THE CLOSE OF BUSINESS ON JUNE 15, I960. Loans as shown above are after deduction of reserves of 6,664.0$ I, Jacob A. Bowers, Vice President and Cashier of the above-named bank, do solemnly swear that the above statement is true, and that it* fully and correctly represents the true state of the several matters* herein contained and set forth, to the best of my *t:iowledge and beliefs JACOB A. BOWERS. Correct—Attest: RUDOLPH C. BARNES, J. MONROE FULMER, SAM S. L^NG, Directors. State of South Carolina, County of Richland—ss: . Sworn to and subscribed before me this 27th day of June, 1960, and- I hereby certify that I am not an officer or director of this bank. AGNES D. PEARCE, Notary Public. My commission expires at the pleasure of the Governor. I A SEARS ROEBUCK AND CO 7 NOW.. AND UNTIL AUGUST 15TH ONLY! Sears Summer Savings! Every item specially selected as a truly outstanding value . . . every one priced EXTRA low during this Sale! Big savings for men, women and children, as well as the whole household • Blankets • Bed Spreads • Sheets, • Towels • Curtains • Rugs • Bookcases Drastic reductions on: • Luggage • Children’s Clothes • Ladies’ Coats • Slips • Shoes , ,, • Men’s Slacks • Men’s Underwear Overalls Bicycles Electric Appliances Bathroom Fixtures Auto Tires Lawn Mowers House Paint or whatever your needs, you’ll find them greatly reduced! Sears Catalog Sales Store 1211 Main Street Telephone 1702 Newberry, S. C. ASSETS Cash, balances with other banks, including reserve bal ance, and cash items in process of collection $ 140,243.26 e tf (f States Government obligations, direct and guara- Vteed 357,822.82 dbligations of States and political subdivisions 192,956.32 Other bonds, notes, and debentures 43,932.08 Loans and discounts (including $7.89 overdrafts) 390,385.25 Bank premises owned, none; furniture and fixtures, $3,342.88 3,342.88 Other assets > 5,023.18 TOTAL ASSETS $1,133,704.79 LIABILITIES Demand deposits of individuals, partnerships, and cor porations — $ 723,475.42 Time deposits of indivduals, partnerships and corpora tions — 213,461.60 Deposits of United States Government (including postal savings) Deposits of States and political subdivisions Other deposits (certified and officers’ checks, etc.) TOTAL DEPOSITS $1,018,374.90 Other liabilities i 24,221.01 54,142.55 3,074.32 8,376.09 TOTAL LIABILITIES $1,026,750.99 CAPITAL ACCOUNTS Capital* $ Surplus — Undivided profits 50,000.00 40,000.00 16,953.80 TOTAL CAPITAL ACCOUNTS $ 106,953.80 TOTAL LIABILITIES AND CAPITAL ACCOUNTS — $1,133,704.79' ♦This bank’s capital consists of: Common stock with total par value of $50,000.00. MEMORANDA Assets pledged or sasigned to secure liabilities and for other purposes $ 69,713.63 A WASHINGTON LETTER From • V OLIN D. JOHNSTON \ SOUTH CAROL! HA'S SENIOR SENATOR THE RECESS OF CON GRESS for the Democratic and Republican National Conven tions lafb ponding many im portant pieces of legislation in which the people of South Carolina have expressed much interest. Among these are the minimum wage bill which was passed by the House of Repre sentatives shortly before the recess, retirement for self-em ployed persons, medical care for the aged, and many others. Comments on Giese and other bills are welcomed by me. ONE OF THE LAST AC TIONS by the Senate before the recess was to adopt an amendment to the Extension of the Sugar Act which gave authority to the President to limit the import of Cuban sugar as he sees fit. Because of the recent confiscations of American property in Cuba and other aggressive acts and insults, such Executive authority was felt necessary. The President should use this authority without any hesitancy so as to convince the people of Cuba that the United States will no longer tolerate Castro’s purge. THE NATIONAL DEMO CRATIC CONVENTION, meeting this week in Los An geles, commands the attention of all the Nation. There is little dispute of the thought that the General Election in November will see the election of a Democrat. This makes it of paramount importance that the Democrats nominate a man who can help this Nation through the next four years. The Democrats must nominate a man who not only will foster a sound policy to solve our do mestic problems, but a man who can sit at the conference table with Khrushchev. POTENTIAL DEMO CRATIC NOMINEES are many, but in the forerunning are Johnson, Kennedy, Sym ington and Stevenson. Sena tor Kennedy has made it known that he expects to win without the support of any Southern Delegates to the Convention. To me this means that he will have no support of the Southern Del egates. At least, he will not have mine. I have come to the Convention with a com mitment to no one except the people of South Carolina that I shall support the candi date who I feel will best rep resent the people of South Carolina. IT IS A SIGN of a healthy State to send the Delegates un committed. Not only do the candidates at the Convention bear watching, but there are the many committee meetings and the Party platform adop tion which may well change the co;irse of the Convention and the candidates. AFTER THE SMOKE HAS CLEARED at Los An geles, it will be seen by the people of South Carolina that the nominee selected to run on the Democratic ticket in November, while he may or may not be your or my first choice, will represent your and my interest better. It* has always been so easy to criticize those within the Democratic Party and at times even going so far as to form splinter parties or to vote the Republican ticket. A splinter party vote is a vote wasted, and a Republi can Party vote is a vote against yourself. We can best fight that part of the Demo cratic Party which we do not like by staying within the Party. Otherwise, we shall be on the outside looking in. T AMERICANA cw ** Ta Tucson's Felix Lucero Park ‘ Felix Park, consisting of A grouping of concrete statue# on tue west side at the Santa Crux River at the Congress Street Bridge in Toscon, Arizona, was traded for the sculptor who created The Toto |ir. Lucero was a native of Trinidad, Colorado, where he was a coal miner. He tamed to sculpture of k religious nature as the result of a vow he made in a shell hole in France dvndng World War L He was a member of toe 268th Infantry of the First- Division and was trapped in No-Man's Lend with 24 other mem bers of his company. As toe Germans spread a blazing blanket of fire over toe field, toe American soldier vowed that if his life were spared; he would devote himself to the glorification of toe Lord. He arrived in Toscon in 1938, during the last year of a 20-year period he had devoted to his w^k tor the Lord. On the north aide of toe Congress Street bridge, he moulded in sand the cxTKJfixW scene completing it April 18, of that year. After living on nickels and dimes tossed Him while he worked, the artist settled down, after 20 years of dedicated work, to live a normal life. He got a job at an air craft: factory. While he was at work, a flash flood hit toe Santa Cruz and when toe waters subsided, toe tend, of toe moulded Christ was scattered along the river bed. Undaunted, toe artist went back to work. The resultant groupings, ex ecuted in concrete on the west bank of the river, include a re production of Leonardo da Vin ci’s “Last Supper,’* toe Holy Family gnd the Crucifixion. He had planned to build the 14 sta tions of toe Cross. Strange as it may seem, it was toe figure of Judas that caused Lucero toe most trouble. He succeeded in fashioning toe figures of Christ and eleven of his. apostles without difficulty. The figure of Judas, however, was a different story. Three- times he was forced to rework it, flaws forcing him to do toe same statue over and over again. Cracks appeared in various party of toe Judas statue and, to top- it off, a colony of ants took pos session of toe statue. Congress and the Recess NOW THAT THE Congress fias recessed—the Senate until .Aug ust 8 and the House until August 15—the attention of . the country is being focused on the Demo cratic National Convention and the upcoming Republican National Convention. When the Congresr reconvenes, both national party tickets will have been selected and the presidential battle wiT shift from the conventions to the Congress, particularly the Senate floor. The recess left several ma jor pieces of legislation stranded without final action, some of them in Congressman Howard Smith’s Rules Committee, a valuable stumbling block for unconstitu tional, socialistic, and extrava- gfaht legislative ideas. BILLS IN THE stranded cate gory are federal aid for school construction, housing, min imum wage, foreign aid, federal aid to combat juve nile delinquen cy medical aid to the elderly either through subsidy or ad ditional Social Security taxea, and the Jenkina- Keogh MIL ALL OF THESE bills except the. Jenkins- Keogh bill, which would permits self-employed indi viduals to set aside a limited por tion: of their earnings for recre ment purposes without being taxed, are on the “must” lists of the political leaders of both major parties * because they are con sidered to be vote-getting items. MY MAIL REFLECTS, very little South Carolina sentiment for, any of this legislation except the Jenkins-Keogh bill. Some do favor the minimum wage and medical aid bills, but most of my mail on these subjects is against enactment of both proposals. I VOTED AGAINST recessing the Congress until August be- I could foresee m hectic sessibE.'r which would find both parties .'trying to out-viA each other in favoring unnecessary and/or costly programs.' Had 4 ww adjourned sin* dim on July 9, ‘it is. doubtful that many of the bills Which will be approved in AngbuL would have received final action. This would have closed oat the* 86th Congress; mad all unattended legislation would have been forced to start all over again In the 87th Congress, which berins next Jan uary. FROM LAST January 6 until June 30, three- days before the Congress recessed, the Senate was in floor session for 936 hours and 19 minutes, more than twice the time for the House. These figures do not Include many jnore hours of committee meetings, whore most of the-real spade work was done on the 761 measures' approved by ILe. Senate through June 30. Aside from the appro priations bills; the Cuban sugar bill, and the “civil rights” MU, very little of the legislation en acted into law by toe Congress during this period was of a sig nificant nature. Much time was; spent in protracted debate over, the “civil rights” bill, listening to miscellaneous speeches—many of a partisan nature—and acting' on nominations and treaties. la fact, I believe that the Senate made more legislative progress la toe final two weeks prior to the recess than in too preceding 28 weeks. A. final 'evaluation, haw* ' ever, of the merits arid demeritiL of toe 2nd Session of the 86th Congress will have to await ac tion oh toe pending proposals in either August or September. IN MY NEXT report, whkh, will be on August 8, I will dis-’ cuss my many objections to rati fication of the Antarctic Treaty the first order of Senate businees in Augusts Sincerely, $ (Not printed at government expenee)