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