The sun. [volume] (Newberry, S.C.) 1937-1972, March 07, 1963, Image 2

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Page Two THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA THURSDAY, MARCH 7, 1963 SUBSCRIPTION RATES: vance :Six Months $1.25. year I have been thinking: When Jesus was asked Is it Lawful to pay tribute to Caesar? Caesar and his government were almost ev erything degraded, iniquitous, op pressive, lascivious and rotten. Jesus didn’t entangle himself with things of the earth and of the moment. He kept the spiritual aim and purpose undeviating and re plied “Render unto Caesar the things that are Caesar’s; and unto God the things that are God’s.” Are some of us overlooking the lesson of His ministry.? Public discussions, like private conversations, should be based on facts, not mere suspicions or sur mises, but facts, the truth. Some of us believe that all busi ness should pay taxes. “There are 6,200 non-profit corporations in the State of South Carolina ” I quote that figure from a full-page advertisement in the Dorchester Eagle-Record of St. George, S. C., a clean and high-toned country pa per, edited and owned by my good friend, H. B. Magill. This full page advertisement was inserted and paid for by the Edisto Electric Co-op of Bamberg. In passing it may be noted that a page advertisement costs money. Furthermore the attractive head quarters of the Co-ops were not inherited or built for nothing. The ambitious TV programs also are expensive; and so are the occa sions of rejoicing sponsored by my friends, the Co-ops. If there are 6,200 Co-ops in S. C. the counties, towns and State are being deprived of taxes which all business should pay. Incidentally I do not fight the Co-ops; I’ve given rights of way and quite a number of people on my land are served by the Co-ops. My contention at the moment is that all business should pay taxes. Only a few of the Co-ops are- in the business of selling electric power; probably not more than 50 of the 6,200 cited in the Co-op ad vertisement. My contention is that all business should contribute on the same basis to support govern ment—Federal, State, County and Municipal. And, by all means should contribute to support the schools. I know the argument about the farmers. I am listed among the farm brethren and' allocated acres of cotton, tobacco, etc. I do not claim as a fair favorable discrim ination the exemption of taxes by Co-operatives, whether for farm ers, lawyers, doctors, merchants or radio commentators and journal ists. We should pay for all public service. Of course I concede to my Co-op brethren the right to appeal to i the public, through the press, TV and over the radio—and otherwise —I merely point out that they spend some money, though let that Thai which interests me is the mi.'representations I see in that big. full-page advertisement in my iriend Magill’s good paper, even though it is being carried by other papers, 1 assume. Now, then, as a few facts: When the U. S. government, already hopelessly in debt, more than 300 billion dollars, sells bonds ( bor rows money) paying 3 1-2 to 5 per cent and lend it to Co-ops at 2 per cent do I need to comment? Un fortunately three hundred billion dollars is not the whole debt; our government sponsored various programs which rest on the solv ency of our National Government. Is money worth only 2 per cent? Not only does the government pay 4 per cent, but the in South Carolina J ! pay 4 per cent on savings;, and there are western banks paying 4 8-10 on savings. It would pay us farmers handsomely to borrow at 2 per cent and send it west for 4 8-10 per cent, don’t you think? When a bank pays 4 8-10 per cent interest it must charge at least 7 per cent I should think. So ponder that 2 per cent! So far as the ad tells of serving remote homes, that is true, though most of the power is said to be provided by the Power companies, though I needn’t insist on that. As to misstatements I cite the allegation that Commercial power companies “are assured a substan tial margin in establishing their rates.” If that is a correct state ment it is entirely misleading. No body assures anything to a Com mercial Power company. What is i the basis for this misstatement? The Commercial power companies are supervised, regulated and, in a measure under full control of the South Carolina Public Service the from 3 1-2 to Savings banks 5-way Test for Your Investment Whai is Your Answer? 1. Is it insured against every possible loss? 2. Is the business old and well established? 3. Does it have the reputation of never missing a div- idnd? 4. Is the rate of return good as compared with the safety? 5. Can I withdraw my money at any time? If your answer to the above questions is “Yes,” you have a good investment. If “No” to any of the above questions, let Newberry Federal show you how you can save systematically, and become financially indepen dent. Remember — “It does make a difference where you save.” ‘ ® ’ CURRENT DIVIDEND RATE PER ANNUM (Compounded Semi-Annually) COLIBOX STBBBT, XBWBBBBY, •. C. J. P. CLARKSON M. O. SUMMER DIRECTORS G. K. DOMINICK J. K. WILLINGHAM E. B. PURCELL W. C. HUFFMAN BRANCH OFFICE — Bafesburg, S. C. Commission. They say to the Com- mei'cial power companies “We are willing for you to earn 6 per cent; if the earnings are above that the Commission will older a reduct ion in rates. You might inquire of the Commission about that. But j bad feeling because of misinforma- nobody assures or guarantees one tion. cen ^ - I am sure that my Co-op broth- I The statement is made that the ve n are in honest error and I have Commercial power companies en- ! {.resented this exposition with all joy subsidies from the Govern- good will for them, ment—millions of dollars! worse than a pity for ou t - happy people to be misinformed about our affairs. South Carolina is not anti-labor nor anti-Co-op, but it is highly de sirous that we not foster or incite Dean Manion THE MANION FORUM Let’s be fair; let’s get at the ! facts: our Government has spent : billions of dollars experimenting with so-called Atomic power. It has contributed a comparatively small part of the expense incurr ed by Commercial companies to experiment for a cheaper fuel. That is not really a gift to the Commercial power companies; it is the Government inviting those companies to carry on the experi ments which the Government is— and has been— carrying on at Oak Ridge and Aiken at a cost of bil lions. If these Companies—and the Government—find a practicable new fuel it will be available to all people, just as gasoline and coal are today. All business includes all items of cost in fixing prices. If the Co-ops don’t do that how do they send little checks to members now and then; what are they based on ? As to exemption from County taxes for five years, an appeal to investors to build in their coun ties: that applies to all industries. But, here again, my friends tell only half the truth: the South Carolina Electric and Gac com pany, for example pays about $313,000 for the schools of Lexing ton county. Counties do not ex empt any business from paying for the schools EXCEPT THE CO-OP —they pay little or nothing for the support of the schools. Ask your county treasurer about that. If one group can escape tax es, why not all? Who, then, would support our County and State government? And the federal gov ernment? No business is exempt from the school taxes except the Co-ops, the treasurers have written me. I call attention to something else—a dangerous and utterly mis leading statement—that the stock of the South Carolina Electric and Gas company had risen from $7.61 a share to $60.50 (now about 54) from 1951 to 1960. Without looking up the quota tions I think it quite likely that the stock was higher in 1960 than in 1962, but what my Co-op bro ther does not seem to know is that during the time from 1961 to 1960 about a hundred million dollars of fresh capital was used in the growth and development of that Company; and the Company has invested about twelve or fif teen million dollars of new capi tal every year since 1960. Now, then! One statement I read in a fin ancial journal two or three months ago said that the Company now represents a capital invest ment of 3330,000,000 — $230,000,- 000 increase since S. C. McMeekin became president. Stock isn’t just figures: it is dollars of value. I might explain that we have some thousands of good citizens (40,000) I’m told who are electric Co-ops and I think it would be “Lost—a Union of Sovereign ! States.” “A former Supreme Court Jus- | tice, Salmon P. Chase, has provid ed the best short description of the foundation of American govern ment: ‘The Constitution, in all its provisions, looks to an indestructi ble Union composed of indestruc- j tible States.’ But now by a series of subter fuges and supreme court decisions, the States are no longer sover eign and indestructible. The fed eral government has gradually pre-empted the authority of the State in every walk of life—civil rights, labor law, even internal security. The result for both States and individuals is more and more dependent on ‘benefits’ from a benevolent government. In 1932, 2,196,000 people receiv ed a monthly check from the fed eral government. Today, 40 million people are receiving monthly gov ernment checks. We owe more money than all the rest of the world combined, yet our budget increases in fan tastic proportions—not for de fense but for the insatiable de mands of the welfare state. Only Congress can save us. We must elect to Congress from both parties men of courage and intel- ilgence, who will be above the shabby blackmail of political ex pediency—men who will force a return to the simple economic truths and moral standards that made us great.” Kendall To Make More Diapers Boston, March 1.—The Kendall company has concluded negotia tions for the acquisition of the Wake Manufacturing company of Fuquay Springs, North Carolina, a wholly-owned subsidiary of the Millville Manufacturing company of Philadelphia. The Wake Manu facturing company is principally in the business of sewing and binding diapers. Kendall President, Richard C. Higgins said that the Kendall company will continue to operate the company as a unit of Kendall’s Textile division. Included in the acquisition is Millville’s Red Star diaper line, which Kendall will add to its Cur- ity baby products business. Also, under the arrangement with the Millville company, Ken dall has acquired a working in ventory of certain diaper styles, plus an undisclosed number of narrow looms formerly owned by Millville. William Charles Franklin and Nita Jeanette Bunn of Columbia, were married at Columbia March 2nd by Rev. R. Truett Miller. Freedom is not free. The price is higher than most. Americans seem willing to pay, but there are some encouraging exceptions. Ali over the country, we hear about poor, un--co-ordinated but un daunted patriots who are willing to pay the price even though, by so doing, they lose everything they have earned through their lives. A union member, here and there, refuses to pay dues to a union that he knows is Communist-dom inated. He knows by doing this, he is going to lose his job, but he does it anyway. That is a high price to pay, but a true patriot could do no less. These men lay their livelihoods on the line for liberty. They will, thereafter, not be able to eat as well as before, but they will certainly sleep bet ter. There are the farmers scattered all through the country—liberty- loving, non-conformists—who are being cuffed around in the courts because they refuse to make prof itable “sweetheart contracts” with the Federal government and toe the line of unwanted bureaucratic controls. Just about anybody who knows anything about farming these days can tell you how to make money by agreeing not to plant what the Federal government will pay the most per acre for not pro ducing. You can take this cash subsidy or leave it, and, of course, most farmers who are dollar-con- scious landowners take it with al acrity. A wheat farmer is told how many acres of wheat he can plant and the Government buys the wheat at a fixed price. But whe ther he intends to sell the wheat to the government or not, he still is told how much he can plant. He may not grow an extra acre to feed his family or his livestock and he many not burn it in the field. If he disobeys the quota restriction, he is punished. It does not matter that this farmer has never taken a government subsidy and never intends to. What is the common denomin ator of this hopeless resistance to this coercion by the Federal gov ernment? It is the God-given con stitutionally protected* right to personal liberty. It is no longer possible to dis tinguish the monopolistic power of the big unions from the Social istic regimentations of big gov ernment. Union power and gov ernment regulations and regimen- 1 tations are now parts of the same piece. For all practical purposes, the big labor monopoly and cen tralized Socialism have merged in to the Government of the United States. A well-konwn Congressman who represented the State of New York said a few years ago that “Today, the AFL-CIO commands more votes in Congress than either the Democrat or Republican party. Like most other countries of the world, we already have a labor- Socialist government in these United States.” We had then, and now, not just a “labor government,” but a “labor-Soeialist” government. The unions and the Socialists have combined their forces to the point where traditional political affilia tion, namely, the Democrats or the Republicans, has become a secon dary consideration. What makes a union labor-con trolled Congressman vote for Soc ialism ? One can readily under stand why union labor’s man in the United States Senate or House should vote against Federal regu lations of union elections and re sist a national “Right to Work” law. Such proposals threaten the hecurity of certain union leaders and such Congressional represen tatives can be expected to resist such measures. But why these same men vote so consistently for public power, public housing and ever more for eign aid is the question. Is it a mere accident that labor leaders in Congress rate a perfect voting score on the evaluation sheets of the socialistic ADA? There is nothing inherently Soc ialistic about organized labor. In this country, unions originated in 1 the willingness of workers to band together for the protection of their legitimate interests in a free econ omy. They believed in private own ership of employed capital. Any dues-paying union member must contribute to the socialistic political projects, whether he wishes to do so or not. Congress will not prevent the diversion of your dues payment into such pol itical campaigns because the un ions command too many votes in Congress. Ask any candidate if he would sponsor a “Right to Work” law or if he will help enact more sen sible farm legislation, because whether it is on the farm or in the factory, Socialist regimenta tion in all of its facets and phases is now bank-rolled by compulsory unionism, directed and disciplined by a shrewd and ruthless combi nation of brain and brawn. Your resistance to this unscrup ulous force is the price of your freedom. On Winthrop Dean’s List ROCK HILL—Two Little Moun tain students have been named to the Winthrop College Dean’s List for academic excellence during the first semester. To be named to the Dean’s List, a student must have averaged B- plus on courses taken during the semester. The list of 144 students includes 20 freshmen, 25 sophomores, 17 juniors, 51 seniors, and one spec ial student. Six students made A on all courses for the semester. The little Mountain students were: Jennie Ruth EargK the *augh- tev of Mr. and Mrs. Eaul E. Ear- gle. Miss Eargle has been on the Dean’s List each of her two prev ious semesters at Winthrop. She is a sophomore, majoring in home economics. Miss Watkins Is Married To Lieut. Mahon Marriage vows were spok<_n by Miss Beverly Gene Watkins and Thomas McSwain Mahon, Lt. U. S. Air Force, at 4 p. m. Saturday at Central Methodist church. A reception followed in the church fellowship hall. The bride is the daughter of Mr. and Mrs. Ralph Eugene Wat kins, Jr., and her father gave her in marriage. The bridegroom’s parents are Mr. and Mrs. Robert Gray Mahon, and his father was best man. Mrs. John C. McNeace, Jr., of Greenville, sister of the bride, was matron of honor, and Miss Rachel Crenshaw of Pendleton was maid of honor. Bridesmaids were Miss Lucy Mahon, sister of the bridegroom, Calhoun Falls; Miss Ann McKen zie Lake City; Miss Pat Truluck, Lamar; Miss Jennie Jourdain, El- loree. Anna Pierson, cousin of the bride, was junior bridesmaid. Ushers were Dr. Robert Gray Mahon, Jr., grother of the bride groom, Charleston; John Clarke McNeace, Jr., Greenville, Tony Storey, McCormick; Clyde Mann ing, Calhoun Falls; Douglas G. Mahon, 3rd., Augusta Ga., and James A. Riley, Decatur, Ga. The bride wore a gown of Chan tilly lace and tulle over satin de signed with oval neckline and pen- els of lace in the skirt. Her veil fell from a pillbox hat embroidered in alencon lace and seed pearls. She carried a bouquet of white carnations and orchids. Bridal attendants were attired in mint green silk organza dresses and headpieces of silk organza and illusion. They carried white daisy mums. Mrs. Mahon and her husband at tended Calhoun Falls high school. She will graduate from Lander college in May. She is a member of Alpha Kappa Gamma, women’s leadership organization and is list ed in college “Who’s Who.” Mr. Mahon is a graduate of the Citadel, Charleston, where he was a company commander and presi dent of Pi Sigma Alpha, a mem ber of the Summerall Guards, and named to college “Who’s Who.’' Lt. Mahon has completed Air force Intelligence school, San Angelo, Texas, and after April first will be stationed in Japan. His wife will join him there following her graduation from Lander. AYELEIGH CIRCLE MEETINGS SET Circle 1 of Aveleigh Presbyter ian church will meet Tuesday at 10 A. M. with Mrs. George Mc Call. All others will meet Mon day, as follows: No. 2 with Mrs. A. T. Neely at 4 P. M. No. 3 with Mrs. Keitt Purcell at 4 P. M. No. 4 with Mrs. Ollie Moye at 8 P. M. No. 5 with Mrs. Luther Long at 8 P. M. Myra Janet Cannon, a senior, majoring in home economics. Miss Cannon is the daughter of Mr. and Mrs. Roy D. Cannon. One Cadillac in a million! With all its models, colors, interiors and equipment choices, it is possible to specify a Cadillac that will never be duplicated. No other fine car even comes close to providing Cadillac’s opportunity for self-expression. No wonder it’s Cadillac’s greatest yearl VISIT YOUR LOCAL AUTHORIZED DEALER KIRK PONTIAC « CADILLAC COMPANY 2100 NANCE STREET NEWBERRY, S. C