The sun. [volume] (Newberry, S.C.) 1937-1972, April 18, 1963, Image 2
Page Two
THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA
THURSDAY, APRIL 18, 1963
1218 College Street, Newberry, S. C.
PUBLISHED EVERY THURSDAY
(). F. Armfield. Jr., Owner
Seeond-Ciass Postage Paid at Newberry, South
Carolina.
SUBSCRIPTION RATES: $2.00 per year in ad'
vance:Six ^Months $1.25.
THE “SPECTATOR’S” COLUMN
More pay, more pay: we hear
that on all sides; everybody talks
about it. Well I’ve been thinking
of one group that is not over paid:
and those folk don’t receive not
able marks of approval; no pop
ular demonstrations cheer them
in their daily grind. I’m thinking
of newspaper editors. The editors
of big dailies reioice in the plush
of luxury and the thrill of big
pay, but the Country editors plod
along, praising everybody; extoll
ing all nubb.c efforts; writing
eloquently about all who die;
lauding to the skies all who
marry; every good sermon, and
so on. But did you ever hear of
demonstrations in favor of Coun
try editors? They are the forgot
ten men—and women, for quite a
number of Country papers are
edited or controlled by the ladies.
A speaker addressing the New
York Chamber of Commerce told
of the denials and contradictions
in our diplomacy. Let me quote
Henry J. Taylor:
“On October 22nd, when the
President acted about Cuba,
French intelligence told me that
SENATOR
STRO
HURMOND
Reports
PEOPLE
A Matter of Gold
GOLD HAS BEEN ONE of
man’s most prized and sought-
after possessions for thousands
of years. Gold is a treasured
raw material by artisans and
craftsmen because of its scar
city, permanent beauty, and
ready workability. It strikes its
greatest appeal, however, be
cause for centuries men have
been willing to accept gold as
a medium of exchange for other
possessions or for the products
of their labor. This willingness
of individuals and nations to
accept gold as a medium of ex
change is based, of course, on
the fact that the recipient has
confidence in gold as a perma
nently valuable and exchange
able commodity, the value of
which is recognized in any area
of the world.
IN RECENT YEARS gold
has been receiving increasing
attention in this country be
cause our supply of gold de
clined from $23.2 billion on De
cember 31, 1952, to $16 billion
on December 31, 1962, and for
eign claims against our gold
supply increased by $9 billion.
Since the end of the year, the
gold supply has continued to
dwindle at the rate of $100 mil
lion per month. If we continue
at the present rate, our gold
supply will fall below the legal
reserve minimum of $11.7 bil
lion in less than four years.
In fact, at present we now havo
only $4.1 billion in gold above
the legal minimum level.
BY LAW THE TREASURY
is required to maintain a mini
mum of gold reserves to back
our currency so that it will
continue to be respected as a
stable medium of exchange.
When the minimum is reached,
we must then devalue the dol
lar, which, currently is worth
1/35 of an ounce of pure gold,
or take other actions, all of
which would adversely affect
world confidence in the dollar.
This could wreck our national
economy. In fact, our entire
gold supply could be depleted
rapidly if our foreign creditors
should demand the $25 billion
we owe them in gold, particu
larly in view of the fact that we
have only $15.8 billion in gold
on hand at the present time.
CONFIDENCE IN THE DOL
LAR is all that keeps foreign
creditors from cleaning out our
gold supply. In recent years we
have been piling up huge deficits
in our balance of payments in
currency to foreign countries.
Some of these creditors have
been demanding gold in pay
ment, but more have continued
to rely on our currency and
credits in payment because they
can make more profit this way.
However, when the question
boils down to the point of profit
versus confidence in the dollar,
the demand for gold may get
out of hand. It already has to
some extent. This is why for
eign creditors have demanded
gold as payment for approxi
mately 1/3 of the balance of
payments deficits which our
country has compiled in the
past decade.
WHAT MAKES OUR foreign
creditors request gold is lack of
confidence, and this lack of con
fidence is generated primarily
by concern that the U. S. Treas
ury is being over-obligated by
its national debt of $308 billion,
which when added together with
all future commitments and
obligations totals $1% trillion.
Even the confidence of the
American public in our national
solvency is waning as govern
ment costs continue to soar and
government income is sought to
be reduced.
IT IS A FACT that today our
government owes approximate
ly $25 billion more than all the
other countries of the world put
together. It is also a fact that
the Soviet Union is trying to
help break confidence in the
American dollar by acquiring
large amounts of this country’s
dwindling gold reserves.
Through a seiies of complex but
profitable international financial
manipulations, the Kremlin has
siphoned off some $25 million in
U. S. gold since last August. In
addition to draining our gold
reserve, the Soviets are netting
a juicy profit on their bold
operation.
THE AMERICAN DOLLAR
today stands on the brink of
being turned from the economic
bulwark of the free world into
just another piece of paper in a
world where paper-money can
cer has become a chronic and
seemingly ineradicable disease.
This is just the type disease
that Mr. Lenin prescribed as
the means of destroying the
nations of western civilization.
Sincerely,
Mr. Kennedy had made a deal
with Khrushchev to accept Khru-
schev’s terms for a swap and
take the missiles out of Turkey.
In this instance de Gaulle knew
all about taking the missiles out
of Turkey and the deliberations in
Ankara in October. The leak
reached deGaulle, right or wrong,
that this Kennedy-Khrushchev
deal had been made and that the
missiles would come out of Tur
key. President de Gaulle put the
question directly to Mr. Kennedy
and received a denial from Secre
tary of State Rusk and Ambassa
dor Charles E. Bohlen; a denial
of this information from Turkey
that this was a swap that if Khru
shchev wmuld take the missiles
out of Cuba we wmuld take them
out of Turkey.
In the face of that denial along
comes January and lo and behold
we do take the missiles out of
Turkey. My friends in the French
intelligence today are saying to
me, ‘I told you so.’
In closing, I might say that as
our great country faces each of
these problems our understand
ing of them, our support of our
government and the ability to
harness American opinion, are
seriously damaged by the Gov
ernment’s own manipulation of
the news.
You cannot deliberately lie to
our public on Mondays, Wednes
days and Fridays and then expect
to be believed on Tuesdays, Thurs
days and Saturdays. The immed
iate, solemn and indispensible du
ty of our President today is to
re-establish the integrity of his
office and of the United States;
a solemn and indispensable duty
which he was never authorized to
abandon. It is up to our govern
ment to stop lying to us; trust
us and tell us the truth. The
spirit and will of the American
people, in my opinion, will take
care of the rest.”
Our South Carolina law-makers
are wrestling with the rural Elec
tric Coop problem. One thing is
clear to me: every public service
is dependent on tax money: no
public service should fail to pay
to support our government. By
that I mean all phases of govern
ment, from the Federal octopus,
the State, the Counties, schools,
and the towns.
I can see no good reason to re
quire one business to pay taxes,
while letting a competitor go
Scot-free.
The Chicago Tribune discusses
the problem and I quote it:
“A Presidential committee head
ed by Secretary of the Treasury
Douglas Dillon has written a re
port that may be expected to
bring anguished yelps from the
rural co-op lobby pack. The re
port asserts that legally fixed,
maximum interest rates on such
things as government home and.
rural power loan programs should
be scrapped. Moreover, it rec
ommends that where government
interest rates are below private
rates, the government charge
should vary as much as current
treasury borrowing costs.
This is a particular and well
deserved poke at the Rural Elec
trification administration. The
REA is the long-coddled outfit
that makes loans to cooperatives
at 2 per cent, which is only about
half the rate paid by the govern
ment on money it borrows to
make the loans. Over the 35-year
period of these loans, this is a
subsidy estimated to amount to
about three-quarters of the loan
itself.
Thru such low interest govern
ment financing, not to mention
exemption from federal taxation,
the co-ops enjoy a substantial
competitive advantage over pri
vately-owned, tax-paying utili
ties.
‘Virtually all farms and other
rural customers in areas served
by the coops now have electric
service. More than half of the
total power sales of REA is to
nonfarm users, who comprise
more than 80 per cent of the new
power customers being added to
the systems.
Back in 1955 the Hoover comm
ission recommended that, because
of the great advance in farm elec-
fOR AND ABOUT TEENAGERS By Clare D. Smith
Neat, Alert Teenagers Get the Jobs
Thousands ot teenagers through
out the country are going to be
“hit right between the eyes,” as
the saying goes, by the economic
facts of life in the next week or
so. As most parents know this
can be a mighty blow.
Many youngsters are looking
for and will continue to look for
summer jobs. Others, who do not
plan college careers, will be look
ing for permanent jobs. The first
fact a teenager must face is that
jobs are not as plentiful as they
were last year and the years be
fore. As a result the employer can
be selective—very selective.
It is important, therefore, for
the teenager to observe a few sim
ple, but important, rules when ap
plying for a job, whether it is
temporary summer employment
or a permanent job.
First, neatness is most impor
tant, beyause first impressions are
often the most lasting, whether
the3' are true or not. When apply
ing for that job, dress in slacks
or the Sunday suit. Cast away
those tight fitting jeans, skuffed
up shoes and flashy sport shirts.
Businessmen as a rule are con
servative in their dress and will
be impressed by the applicant
who is neat.
Second in importance is clean
liness. Above all take the time to
trim your fingernails and clean
them.
Third, be polite. Most employ
ers are impressed if a teenager
says “yes, sir” and “no, sir” in
stead of just plain “yes” and
“no”. Speak distinctly when you
are asked a question and make
your replies brief and to the point.
One last point, a haircut before
you are interviewed by an employ
er won’t hurt your chances.
If yo« hsTB • t«en»f• problem y®«
want to dlseaso, or an observation to
make, address year letter to FOR AND
ABOUT TEENAGERS, NATIONAL
WEEKLY NEWSPAPER SERVICE,
FRANKFORT, KY.
trification, ‘the time has arrived
for the reorganization of the
REA into a self-supporting insti
tution securing its own financing
from private sources’. Nothing
came of this recommendation, al
though the Eisenhower adminis
tration in 1959 proposed raising
interests rates to REA co-ops to
about 4 per cent.
This latest recommendation
from Secretary Dillon’s commit
tee is likely to be greeted with j
the same apathy. The administra- j
tion has demonstrated that the
REA is one of its pets by propos
ing 425 million dollars of funds
for it in fiscal year 1964, compar
ed with appropriations of 4 0 0
millions this year and actual ex
penditures of 254 millions in 1962.
Officials already have said that
no specific legislation to end gov
ernment loans will come from the
administration as a result of the
Dillon report.
Taxpayers should put the heat
on Congress to see that such leg
islation is introduced. With at
least a 12 billion dollar deficit
confronting us, the need to cut
federal spending to the bone is
obvious. Subsidies to the REA co
ops are wasteful and serve no
useful purpose.”
What is the teen-age problem:
and what is the school problem?
The teen-age problem starts in the
home. Boys and girls who resent
discipline at home will resent it
in school.
As a former teacher in schools
and colleges I remember that of
ten boys and girls respected the
discipline of the schools. From
many reports that is not always
true today.
At the bottom of the trouble, or
problem is the attitude of parents
—they don’t require respect and
obedience at home and they resent
discipline in the schools.
If we face the truth, boys and
girls were not saints in my day,
but they had less spending money
and fewer attractions outside of
home and schools. When the
teacher of two generations ago
thought occasion required a
thrashing he administered the
punishment.
In my boyhood in Charleston,
corporal punishment was admin
istered by a cane in the palm of
the pupil’s hand. Some days ago
I met a man in Charleston and
we swapped accounts of our boy
hood experiences in schools there.
We remembered a boy who was
frequently “caned” and who pre
pared for the day by the free use
of powdered rosin in the palms of
his hand. I don’t know what the
punishment is in Charleston today,
but people everywhere seem re
sentful of restriction. That resent
ment is expressed commonly in
the matter of money; people buy,
apparently indifferent to the ob
ligation to pay.
I think I might tell a little
story that explains that. One day,
while in Peru, I made a trip of
inspection and upon arriving in a
port found a Government man
who stuck to me like plaster.
When lunch time came I told my
secretary, Senor Santolalla, to in
vite the man to have lunch with
us and to tell the hotel manager
that the gentleman was my guest
and to charge his lunch to me.
Mr. Santolalla, a fine Spanish
gentleman, spoke English too, but
in the somewhat formal style of
those learning English in school;
so he frequently tried his English
on me .So, when I saw him a bit
later I said “Tlcalde did you speak
to the hotel manager?” He re
plied “Yes. Senor, and he said
well because Senor Enrique has
not the custom to pay his debts.”
Now there is a growing habit
here, it seems: so many people
have not the custom to. pay their
debts.
1 REMEMBER"
BY THIOLH THARS *
From Muriel Bjerknes My hr urn,
Tarawa Terrace, N. C.: I remem
ber when they gave tap dancing
lessons for 25 cents a lesson in
the waiting room of the depot; my
first Sunday School teacher and
how she sang “The Old Rugged
Cross.” I still think of her when I
hear that song; the old man with
the whiskers who made all the
bridges and odd things across the
river below his place and how
much fun we had ice skating there
every winter from the railroad
bridge up to his swimming hole.
He’d dug it so there would be a
place deep enough to swim in the
summer. It was O. K., if you
didn’t mind a foot of gooey mud
at the bottom, other parts were
nice and sandy. I always thought
Old Steve reminded me of Moses
in the Bible.
I remember the nice old man
who was our shoemaker . . . the
smell of leather and polish in his
shop and the little scraps of leath
er he gave to us . . . We got shoe
laces for our ice skates at his
shop. He rode a bike everywhere
and everybody called him “Shoe
maker” Pederson. I don’t think
I ever heard his other name.
I remember the fun of good Nor
wegian food we had at uor Christ
mas party at the Sons of Norway
Cabin every year—in that small
town of mine of Minnesota.
Of course men were never an
gels (the ladies were, beyond
doubt) but the unrestricted life
finds expression today in a gen
eral let-down, ail along the line.
Nobody accepts restrictions cheer-
fully; we kick against the pricks,
as the Bible says.
Merchant Infant
Rites Saturday
Henry Clay Merchant, infant
son of Robert L. and Margaret
Sanders Merchant, of Route one,
Kinards, died Thursday night at
the Newberry County Memorial
hospital.
He is survived by his parents;
one brother, Robert, of the home;
his grandparents, Mr. and Mrs.
J. L. Counts of Newberry and A.
J. Merchant Sr., of Kinards; his
great-grandmother, Mrs. Mary
Jones of Newberry, and a number
of uncles and aunts.
Funeral services were conducted
Saturday at the graveside in
Rosemont cemetery by Rev. J.
Richard McAlister.
this week's:
patterns^
The Soft Touch
Crocheted Doily
Dross Pattern No. 3258. The Soft
Touch. A sheath with a lot of charm has
a square neck, brief sleeves in one with
the bodice and softened hipline. Why
not add a pretty touch of frosting at the
neckline? No. 3258 comes in sizes J4Vi/
l6Vi, toy,, 20'/,, 22'/,, 24'/,. Size 16V,
takes 3 yards of 39~inch fabric.
Needlework Pattern No. 1116. Cro
cheted Doily. This pattern contains cro
cheted instructions for two different sized
doilies. A large one and a small 10-inch
doily are in pattern No. 1116. This doily
has a rose center and is finished with a
fan design. Our Needlework Catalog
containing coupon for selecting one pat
tern free is 50 cents.
Send 35c for each dress pattern, 25c
tor each needlework , attern (add 5c for
each pattern for third c'ass mailing and
10c for each pattern foi first class mail
ing) to AUDREY LANE BUREAU, Box 1490,
New York 1, NY
fhe Shift for Fall
Dress Pattern No. 3141. Shift for Fall.
Everybody loves the shift. This one may
be made with or without the giant pock
ets, but they are very effective in a bold
plaid. No. 3141 comes in sizes 12, 14,
16, 18, 20. Size 14 takes d'/i yards of
39-Inch fabric or 2% yards 54-inch.
Needlework Pattern No. 1783. Sock
Do//. A child's favorite is Rod Riding
Hood. This pattern is made from a man's
sock. IPs so easy to do, and makes a
nice Christmas item. Send for No. 1183.
Pattern No. 1882 is the color transfer
that you just iron on material, and stuff.
Send far one or both.
Send 35c tor each drees pattern, 25c
far each needlework pattern tadd 5c for
each pattern for third class mailing and
10c for each pattern for trst does moil
ing) to AUDREY LANE BUREAU, Bo* 1490,
Now Yttrk 1, N.Y.
FOR AND ABOUT TEENAGERS
By C. D. Smith
When Teenage Steadies Have Nothing In Common
THE WEEK’S LETTER: “I
have a problem with my boy
friend. We are ga*ng steady, al
though we have nothing in com
mon. When we have a date, we
never agree on where to go.
Wherever we go, one of us is un
happy and wants to go somewhere
else or do something else. What
can 1 do about this problem? I
like this boy very much and don’t
want to lose him.”
OUR REPLY: If you like this
boy enough, go where he wants
to go, do the things he likes to
do and pretend that you are hav
ing fun whether you enjoy your
self or not. If he is the right kind
of a person, it should only be a
short time before he will say,
“O.K., tonight you make the
choice. Want to go to the movies,
skating, or where?” If he doesn’t
do this, eventually you will have
to decide how much you are will
ing to put up with to keep him.
Quite often it happens, even
among married couples, that two
people have little in common
(speaking, of course, of things
they like to do, such as bowling,
swimming, movies, reading, etc.).
This situation does not make too
much difference IF one individual
does not always insist on having
his or her way about everything.
The truth of the matter is that
the person who is fond of someone
will find happiness in doing the
things which make “that particu
lar someone” happy.
It is also true that the happiest
of couples will hav*3 differences of
opinion, even serious arguments
perhaps, from time to time. These
leave no permanent damage if
people who really care about each
other learn the value of going
more than “half-way.”
The boy or girl who wants
everything “my way” all of the
time can only be happy by going
that way alone. Couples who fuss
and fight, neither party willing to
give up or give in, will never be
happy until they have called it
off as a bad thing.
If yen here n ieeunge yroblon yen
went te dloeoss, or on oboorvotloa
lo moko, address your letter to
FOR AND ABOUT TEENAGERS.
NATIONAL WEEKLY NEWSPAPER
SERVICE. FRANKFORT. KY.
WEDDING INVITATIONS--Printed or Engraved
There IS a Difference!
There's a big difference between BANKING and
SAVING. You're banking when you deposit "put and
take" dollars in an account for day to day use.
You're SAVING when you add regularly to your
reserve savings account at Newberry Federal.
Highest rate of dividend with guaranteed safety
and immediate availability.
Twenty-eight years of uninterrupted dividends.
‘Paid twice a year, une 30th, December 31st.
If you wish to open an account by mail, simply
forward your check to the Association giving your name
and address. Yur savings account book will be forwarded
to you the same day the investment is received.
CURRENT DIVIDEND RATE
PER
ANNUM
(Compounded Semi-Annually)
tea* oollxor strrrt, krwbbrrt, a. c.
DIRECTORS
J. F. CLARKSON G. K. DOMINICK E. B. PURCELL
M. O. SUMMEB J. K. WILLINGHAM W. C. HUFFMAN
BRANCH OFFICE —Batesburg, S. C.