The sun. [volume] (Newberry, S.C.) 1937-1972, April 06, 1961, Image 3

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THURSDAY, APRIL 6, 1961 THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA PAGE THREE TRANSFERS OF REALTY Newberry No. 1 Floyd H. Dennis to Floyd H. Dennis and Anoa P. Dennis, one lot and one building, warranty deed, $5 love and affection. Alvin F. Bush, Eugene E. Bush anu George W. Bush to Maria Moore, one lot and one building on College street, $5 and other * valuable considerations. Whitmire No. 4 John Allen Rogers to Elizabeth Stephens, one lot on Duckett St. $1000. Whitmire No. 4 Outside D. C. Vinson to Donald H. and Marion Jean L. Basden, 10 acres, $600. Silverstreet No. 2 Administrator of Veterans Af fairs to Helen B. Weir, 2.9 acres, ' $4500. Pomaria No. 5 Robert Kinard to Leland J. Ki- nard, 9.86 acres, $5 love and af fection. Little Mountain No. 6 Kenneth Swygert and Howard B. Shealy to Gordon S. Leslie, Jr., one lot (Holiday Acres) $5 and other valuable considerations. Martha S. Counts to F. Murray Counts, two lots and one building, 1-2 undivided interest, $5 love and affection. Ernest Lindler to G. H. Cald- well, 1.6 acre, $100. Prosperity No. 7 Claude D. Long to Arvenia G. Harris, one lot, $350. L. C. Wise to James L. Dawkins and Allene W. Dawkins, 1.07 ac res, $5 and other valuable consid erations. O. F. Armfield, Sr., to Ruth T. Armfield, one lot on Eureka St. $5 love and affection. Thelma S. Rawl to George E. Rodelsperger, 1.08 acres, $5 and other valuable considerations. E. T. Barnes to Roy H. Domi nick, one lot and one building, $5 and other valuable considerations. Mrs. Lola Bedenbaugh to Jas. Looking A bead . by Dr. George S. Benson PRESIDENT—NATIONAL EDUCATION PROGRAM Searcy, Arkansas America has the finest skilled labor to be found anywhere in the world. Despite the wasteful and crippling strikes that slow up one major industry or another almost every year, I am convinced that most of this nation’s wage earn ers are sincerely desirous of ach ieving continued high levels of production. I believe that most members of unions desire to maintain peace and harmony be tween management and labor. Our workmen are great produ cers. They use the finest collec tion of tools to be found anywhere —-supplied for their use under our free system by investors in enterprise. Our workers produce as free men, and they want to keep on producing for markets, both foreign and domestic. It is true that people in some foreign lands do not yet have enough buying power to purchase con sumer goods from us in vast quantities. It is also true that world markets are fiercely com petitive, partly because goods made in some countries have the price advantage of cheaper labor costs. Should We Compete Nevertheless, it seems possible that we can sell more abroad than we have been selling, if we plan to do it. Perhaps we are not pro ducing the right products. Much imagination is required in find ing the products and the markets. In Hong Kong recently, I was a- mazed to see how they had solved the problem of a tremendous la bor surplus resulting from a six fold population increase. They are showing remarkable ingenuity in starting many small business en terprises. It is said that half and Tobotha Sheppard, one lot, $60. OUR INSURANCE CLAIM SERVICE Always ^Measures Up” Compare our claim service with that of any available to you. Ours always meas ures up to your needs! Ser vice as near as your phone! Give us a call! Purcells in Your Private Bankers" 1418 Main St. Newberry CAROLINA METAL WORKS Sheet Metal - Heating - Air Conditioning COLLEGE ST. EXTN. TEL. 115 A. G. McCAUGHRIN, President & Treasurer. Your Federal Income Tax Q. 1 was in a serious automo bile accident last year, requiring several months hospitalization. My medical expenses amounted to $5,800. I earned $12,000 during 1960, am married, and have two dependent children. Is there a maximum amount that I can de duct on my 1960 income tax re turn? A. Yes, unless you file a joint return. Your deduction may not exceed $2,500 multiplied by the number of your exemptions. How ever, tiie maximum amount that you may deduct in the event you file a separate return is $5,000. If the watch bands in America are made in Hong Kong. This is an example typical of their success in finding markets so as to help feed their teeming refugee popu lation. But perhaps what we most need today is more efficient production. Foreign steel can be bought in America for $40 per ton cheaper than our own steel. Barbed wire can be bought in your local hard ware store $2 a spool cheaper than American made. Many for eign-made products are undersell ing us. I am convinced, however, j that with our investment of $20,- j 000 per worker for the finest tools available, we should easily produce more for less cost and still earn far more than foreign workers earn. Sell Increased Output But I am not sure that we are producing as well as we know how. Not long ago I asked a vice- president of a large steel com pany: “How much could your com-1 pany increase its productivity per man-day if you were able to ob tain good will, good understand ing, and genuine cooperation on the part of your employees?” His immediate answer was: “Twenty per cent.” If this is characteristic of most large companies in Am erican industry, then something is seriously wrong. If this is typical and I think it is, then right here is a challenging opportunity> This means that if employees across the land could work whole heartedly toward increasing pro ductivity, devoting themselves to boosting their own efficiency and readily accepting the guidance and recommendations of management, we would be able to increase pro ductivity by 20 per cent. There seems to be room for this increase. The late Dr. Sumner Slichter, the notable Harvard economist .re ported before his death in 1959 that wages in the preceding dec ade had climbed twice as fast as productivity. To Help Balance Trade To some extent we are in ser ious trouble simply for this reas on: Wages have risen faster than production. Union leadership al ways has been eager to boost wages, but this leadership has not been equally concerned about pro ductivity. Some racketeers have purposefully widened the breach between employees and employer, taking advantage of the Commun ist line in pushing up their de mands higher and higher, even greater than the market can bear. Management can also learn to achieve efficiency by cutting ov erhead, reducing excessive mana gerial positions, and eliminating expense account “featherbedding.” But in view of the size of our la bor force, more can be gained from the efficiency and economy of our labor than from that of our management. Better under standing between labor and man agement is a most urgent need. With cooperation on both sides, we can increase our activity in world markets, expand our for eign trade and help increase our balance in world commerce en ough to slow the outflow of our gold. This can be done, if we all work together, without reducing wages and without injuring the nation’s economy. It would cut down unemployment, increase na tional income, protect jobs, and be to the advantage of everybody. Bond Interest j Scout Promotions Is Extended ‘ The latest extension offered on the oldest Series E Savings Bonds at a full 3 3/4 per cent annual interest rate is a boon to the thousands of people in this county who still hold bonds bought be tween May 1941 and May 1949,” Joe M. Roberts, Newberry County Volunteer Savings Bonds Chair- marf, said today. He referred to the recent an nouncement by the Treasury deal ing with E Bonds that begin to reach the end of their extended maturity in May of this year. This second 10-year extension was promised back in 1959, but the terms and interest rate were not announced at that time. Under the new ruling, these bonds will return 3 3/4 per cent each year, com pounded semi-annually, based on their current cash value (well a- bove face value). “All of these bonds bought be tween May 1941 and May 1959 ori ginally drew 2.9 per cent inter est,” Mr. Roberts continued. “In their first extension, they have been earning from 2.90 to 3.47 per cent, if held to extended maturity. “Now those loyal bond owners who have kept their E Bonds for the full 20 years will be rewarded with a full 3 3/4 per cent return EACH year on the full current value of their bonds. This should encourage them to reap the bene fits of this high rate for another full 10 years.” - - ■ - ■ - - • you file a joint return, you can de- ! duct the entire expense (reduced by 3 percent of your adjusted gross income) inasmuch as the maximum medical deduction on a joint return is $10,000. Q. I am a widower and spent $500 in 1960 for the care of my 10 year old child. My total in come for the year was $6,000. Am I precluded from deducting child care expenses since I earn ed over $5,000? A. No. You may. deduct the child care expenses on page 2 of Form 1040 or 1040W. The $5,100 to which you refer is significant only in the case of married couples who ordinarily are not entitled to a child care deduction if their combined adjusted gross income is $5,100 or more. Q. During 1960 I attended a church convention in accordance with my obligation as an officer in my church. Can the expenses be deducted as a charitable con tribution? A. No. Persons attending church conventions, assemblies, or other meetings in accordance with their rights, privileges, or obligations as members of the church are not, by such attendance, rendering gra tuitous services to their church. They may deduct expenses of at tending such meetings only if they are chosen representatives of a congregation or other official church body. Troop 66: Jerry Davis, Tip Har grove ,Eddie Rodelsperger,, to Second Class; Jimmy Longshore, First Class; Alan Ivester, Star. Troop 101: Sammy Phillips, 1st Class. Merit Badges Troop 1: Hayne Folk, Cooking. Troop 101: James Ray King, Citizenship in the home, personal fitness. Troop ‘66: Rusty Culbertson, Cycling; Jim Kinard, Wood Carv ing; Alan Pay singer, Reading; Henry Summer, Art, Public Speak- After Easter Clearance! 204 PAIRS (Reg. to $12.99) 280 PAIRS (Reg. to $14.99) 92 PAIRS (Reg. to $18.99) $10.99 (THURSDAY, FRIDAY & SATURDAY ONLY) Anderson’s Shoe Store 313-N Dress Pattern No. 1326—Look flower- fresh—A neat, collarless all occasion dress that flatters the not-so-tall woman. It goes together like a char ml No. 1326 with PHOTO-GUIDE is in sizes 72»/„ MVi/ 76V,, 18Vi, 20Vi, 22'/i, 24Vi, 26Vi- Bust 33 to 47. Size 14Vs, 35 bust, 3 7 /i yards of 39-inch. Needlework Pattern No. 313-N—Sim ple stitches and rich colors blind to form *his easy-to-embroider panel of nature's beautyl No. 313-N has hot-iron transfer for 7 2" x 76" design; stitch Illustrations; color chart. Send 35c for each dress pattern, 25c for each needlework pattern (add 10c for each pattern for first class mailing) to AUDREY LANE BUREAU, Dept. "NWNS," Z67 West Adams Street, Chicago 6, III. W A S H ! N GIG NT A fTTJ ? ? C ft # wJ Am MALL BUSINESS” By C. WILSON* HARDER One of the major headline making issues on Capitol Hill is to raise the minimum wage to $1.25 per hour and include un der the law retail and service trade workers. * * * There are many facets to this issue, but with the great Amer ican sin of over-simplifi cation, prob ably nurtured by the fact in Western horse operas, there is al ways a“good guy” and a “bad guy,” the autis and pros of this c. W. Harder measure are tagged in two categories. Those opposed are die hard reactionaries trying to drag America backward. Those supporting are liberal progres sives seeking to move America forward. Obviously, neither po sition is completely right. * * * The nation’s independent businessmen, voting through the National Federation of In dependent Business, have op posed raising, or extending scope, of minimum wage law. * * * By and large, the reasoning appears to be, what good can be accomplished except per haps in a few very isolated in stances. For example, what family can lead the abundant life if paid only $1.25 for a 40 hour week. Or again, who can hire reliable help' at $1.25 per hour today. Thus, what good would be accomplished? ♦ * * On the other hand, recogniz ing there may be some isolated instances of very low paid la bor, is it wise to burn down the bam to destroy a few rats? * * * A far greater consideration (c! Xaflnnal Federation of Ind "''ni’ent Pr is tied up with the growing problem that is somewhat loose ly termed juvenile delinquency. * * * It is natural for youth to have energy. It is also natural to a large segment of youth to use up some of that energy in doing something they feel useful. For example, a large part of the men now engaged in the com munications industry in some phase started out doing part time work in a print shop, washing up presses. Many men in all walks of life today first learned feeling of having their own pocket money, first learned good work habits, do ing odd jobs around garages, stores, shops, other enterprises. * * * Actually, nobody is bom with good work habits. This in some thing that must be learned. A youth who grows up without learning good work habits runs the danger of being fit only to be a bum or a bureaucrat. * * * But many businessmen re port they do not feel they can give odd jobs to what could be enterprising youth even at the present minimum wage level of $1 per hour, to say nothing of all the forms that have to be filed with bureaucrats. * * * Businessmen report they have jobs that boys, or even severely handicapped people could perform if they could le gally pay at a rate commensu rate with the lack of work ex perience. But when faced with paying even $1 per hour, they are better off paying $2 per hour to casual adult laborer who knows how to work with minimum of supervision. Thus, raising the minimum wages promises to accomplish little, if any good, but a vast amount of harm to nation's most val uable asset . . . it’s youth. Succumbs After Long Illness Mrs. Margaret Cook Nichols Adams, 37, died Saturday morning at the Newberry County Memorial Hospital after a year and a half of declining health. Born and reared in Newberry, she was a daughter of Mrs. Lola Smith Cook and the late Colie L. Cook Sr. A-She spent most of her life in Newberry but for the past eight years lived in Wilmington, Del., until returning to Newberry last August. She was a member of Macedonia Lutheran Church near Prosperity. Mrs. Adams was twice married, first to Carl Nichols who died in service during World War II in 1945. Her second marriage was to Eugene S. Adams, who survives. Survivors, besides her husband, include two sons, Douglas Eugene and Wendell Gradj" Adams of Newberry; four daughters, Cheryl Dianne Nichols, .Bonnie Elizabeth, Connie Ellen and Marcia Ann Ad- ing; Walter Summer, Public Speaking. ams, all of Newberry; her mother; . thiee sisters, Mrs. Beatrice Dilla- shr.w of Monroe, N. C., and Mrs. Edwin Adams and "Mrs. V illie Lee Ringer of Newberry; th ee broth- ers, Ralph T. Cook of Marshville, N. C., Colie L. Cook Jr., of Green ville and James O. Cook of St. Augustine, Fla. and a number of nieces and nephews. Funeral services were conducted at 4 p.m. Sunday from the Mc- Swain Funeral Home by Rev. H. A. McCullough, Rev. J. A. Grigs by and Kev. Brice B. Blakeney. Intei’ment was in Springdale Ce metery. Active pallbearers were Wyman Cook, Frank Nichols, J. C. Nichols, Horace Adams, Roy Cook, Carl Cook, Haskell Adams and Grady Adams. Flower attendants were Mrs. Olin Cousins, Miss Bertha Nich ols, Mrs. Ruby Nichols, Miss Ju dy Jones, Miss Judy Williams, Mrs. Myrtle Felker, Miss Linda Brown and Miss Ruthie Brown. Mr. and Mrs. H. D. Crum and children, Dixon, George and Alan, of Charlotte, NT. C., spent Friday through Monday in the home of Mrs. Crum’s parents, Mr. and Mrs. George Scruggs on College 11 World’s largest termite control organization $5000 GUARANTEE Against Future Termite Damage Represented nationally by over 1800 lumber dealers For free Inspection call Newberry Lumber Co., Inc. Authorized Representative For ’ TERMINIX SERVICE 913 CLINE ST. TELEPHONE 56 --Ws Tomorrow... Today is yesterday's tomorrow. So if you are waiting until tomor row to start saving, it will never get here. If you invest your funds by the 10th of any month, they wilil earn dividends from the 1st of that month. You don't have to gamble with stocks o: other up and down investments when you invest at Newberry Federal. Our record for paying dividends each six months without fail, over a period of 26 years, proves the stability of your investment. Each account is insured up to $10,000 by the Federal Savings and Loan Insurance Corporation, Washington, D. C. CURRENT DIVIDEND RATE PER ANNUM (Compounded Semi-Annually) tea's 4|. -4 DIRECT REDUCTION HOME LOANS ^avijvgs and Loan Association A S A V INGS INSTITUTION FOUNDED 19 35 12S3 COLLEGE STHfeET, NEWBEHRY, S. C£> or TO s»*aooo r J. F. CLARKSON M. O. SUMMER BRANCH OFFICE — Batesburg, S. C. Directors G. K. DOMINICK J. K. WILLINGHAM E. B. PURCELL W. C. HUFFMAN