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/ THURSDAY, AUGUST I, 1963 THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA PAGE THREE Cancer Crusade “Over The Top” The Ne'wberry County Chapter of the American Cancer Society - has proudly announced that the 1963 Cancer Crusade went “over the top,” exceeding by $555.94 the amount contributed last year. To tal contributions to the Crusade were $5830.76, according to Mrs. Joyce M. Ringer, president of the Newberry chapter. In issuing the report, Mrs. Rin ger said, “This fine report would not have been possible at all without the donations of time and money from the good citizens of Newberry.” A list of volunteer Crusade lieu tenants and the amounts collect ed in th^ir areas, follows: Area 1—Mrs. Parnelle Ringer, '$130.01. Area 2—Mrs. Pearl Smallwood, $19.10. Area 3—Mrs. Virginia Moon, $87.35. Area 4—Mrs. Sylvia Rabin, $42.63. Area 5—Mrs. Naomi Epting and Mrs. Nellie Mason $128.75. Area 6—Mrs. Nonie Terrell and Mrs. Katherine Hawkins $91.48. Area 7—Mrs. Pete Coleman $73.50. Area 8—Miss Margaret Pay- singer $112.67. Area 9—Mrs. Henley Davenport $23.00. Area 10—Mrs. Anna Hawkins $26.75. Area 11—Mrs. Ernest Oxner and Miss Miriam Hendrix $33.75. Area 12—Mrs. Harper Wherry $60.31. Area 13—Mrs. Mozell Ringer $71.10. Area 14—Mrs. Myra Trefsgar and Mrs. William Senn $46.54. Area 15—Miss, Frances Boozer and Mrs. Ollie Moye $56.35. Area 16—Mrs. Julia Katherine Smith $49.55. Area 17—Mrs. Blair Martin and Mrs. Lula Cuthbertson $65.50. Area 18: Mrs. Celia Dodgen and Mrs. Ruby Mills $42.37. Area 19—Mrs. Joan Ringer and Mrs. Gary Lee Harmon $22.00. Area 20—Mrs. W. S. Gordon Jr. and Mrs. George Nelson $32.00. Area 22—Mrs. Clara $114.28. Area 23—Mrs. Victoria Mitchell and Mrs. Katherine McEntire and Mrs. Carolyn Sligh $157.77. Area 24—Mrs. A. B. Hair $51.10. Whitmire $850.00. Jolly Street—Mrs. W. B. Boin- est $28.18. Hartford—Mrs. W. L. Buzhardt $95.60. . Bush River—Mrs. I. M. Smith $27.75. Smyrna—Mrs. Henry Mayer $85.50. Friendly—Mrs. Janette Leavell $22.50. Silverstreet—Mrs. R. C. Neel Jr. $83.26. Betheden—Mrs. Lambert Riser $11.00. Jalapa—Mrs. Felton Snelgrove Tranwood—Mrs. Carroll Eargle $51.75. Mt. Bether-Garmany—Mrs. J. C. Counts $71. Pomaria—Mrs. W. C. Koon $64.95. St. Paul—Mrs. W. E. Wicker, $17.75. Vaughnville—Mrs. Scott Boozer $75.11. St. Phillips—Mrs. W. E. Wicker $17.75. St. Phillips—Mrs. Ed Thomas $75.70. Little Mountain: Mrs. R. W. Sease $252.55. New Hone Zion—Mrs. John B. Kiard $26.65. Peak—Mrs. Christine Stoude- mire $43.50. „ Mt. Pleasant—Mrs. Raymond Hinger $53.50. Pressley—Mrs. Robert Lindler $28.40. St. John—Mrs. Gurnie Stuck $34.25. O’Neal—Mrs. Jane Fellers $95.14. Trinity—Mrs. W. O. Pitts and Mrs. Jeff Waldrop $53.50. Union—Mrs. Shelby Jean Gil liam and Mrs. Martha Ann Kinard $15.25. Johnston—Mrs. Thelma Brock $19.16. Utopia—Mrs. Betty Bishop $22.25. Prosperity—Mrs. Jean Simmons $230.25. Banks Help In Farm Financing South Carolina Banks remain an important source of credit and other financial services to farm ers in our state, according to Joe M. Robert, Executive Vice Presi dent and Cashier of the Newberry County Bank, who represents the South Carolina Bankers Associa tion as Newberry County Agricul tural Representative. Based on the 22nd annual farm lending summary of the Agricul tural Committee of the American Bankers Association, Mr. Roberts reported that at the beginning of the year, South Carolina banks were helping farmers with $32 million in loans, 10 per cent more than the previous year. This total included $16 million in production loans and $16 million in farm mortgages. At the same time, $15 million in farm loans was held by life insurance companies; $34 million by the Federal Land banks, $31 million by Production Credit Associations, and $7 million in nonreal estate loans plus $30 mil lion in real estate loans by the Farmers Home Administration. About 30 per cent of the produc tion credit extended by lending institutions to South Carolina farmers came from banks. Mr. Roberts said that “bankers in South Carolina, as well as throughout the country, are tak ing a realistic look at agriculture, appraising it from the standpoint of its total contribution to the economy. Through the years the agricultural industry, as a part of the total economy, has remained relatively stable, with the “off- the-farm” portion becoming in creasingly significant. Bankers, therefore, are broadening their services and are also developing and promoting programs that con sider the interwoven relationships between farmers and related busi nesses. “Capital has become one of the main pillars in agriculture, with the total investment increasing four-fold during the past twenty years. Today farm families nat ionally have approximately $196 j billion invested in their operations, Ward It* 16 average investment per farm estimated to be $47,632 — twice the amount reported just 10 years ago.” Mr. Roberts stressed the im portance of farmers and bankers working closely together to im prove farm financial arrange ments. He reported that 94 per cent of insured banks throughout the country had agricultural loans outstanding at the first of the year, with all of the insured com mercial banks in South Carolina l extending credit to farm people. Building Permits July 23: Bessie Morris, one 5- roorn cement block dwelling on Bedenbaugh street $1800. July 25: E. F. McCutcheon, re roof and repairs to dwelling, 818 Glenn street $2,525. July 27: Mrs. S. C. Cook, re-roof dwelling, 1112 Keroes Ave $200. MILLS CLINIC PATIENTS Margaret Rinehart, West Col umbia. Mrs. Edith Leaphart and. baby girl, Batesburg. Mis Clara Brown, Prosperity. Mrs. Victoria Stockman, Pros perity. Miss Lalla Martin, Newberry. Mrs. Jeanette Eidson and baby girl, Batesburg. Mrs. Barbara Lever and baby girl, Pomaria. Mrs. Mildred Price and baby boy, Leesville. J. C. Martin, Newberry. Mr. and Mrs. M. O. Summer will leave this weekend for Knoxville, Tenn. for a visit with their son- in-law and daughter, Mr. and Mrs. MeBeth Sprouse and sons, Kerry and Randy. Stoney Hill—Mrs. Charles Lake $71.45. Macedonia—Mrs. Ross Wilson $8.00. Colored Division—Mrs. Bernice Rutherford, Chairman $647.00. Special gifts $751.65. Memorials $359.70. Cannisters $20.66. ScOUMTMf STM MILK I PET true country-tasting buttermilk grade a ’ 'Fuumo Country Jtyk butter PROPERTY TRANSFERS Newberry No. 1 Dorothy Buzhardt to Lillie B. Wilson and Dorothy Buzhardt, one lot and one building on Friend St. $5 love and affection. Roy T. Caldwell to Rella Cald well, one lot and one building, $5 love and affection. Newberry No. 1 Outside Benjamin T. Mills Jr. and Ruby H. Mills to T. Earl Bigby, and Minnie W. Bigby, one lot and one building on Rosalyn Drive $5. Walter B. Wallace to Charles G. Jeremias and Mary P. Jeremias, one lot and one building, 1209 3rd street $5. Bush River No. 3 Sally Williams and Willie Wil liams to Johnny Robinson Jr. and Sara Frances Robinson, three acres and one building $900. Whitmire No. 4 Pentecostal Holiness church of Whitmire to Ethel Gilliam Hurd, one lot and one building $5,750. Mary W. Duckett to Frank W. Andrews and Alma Breeden An drews, one lot and one building on Coleman Avenue $10. T. Leon Taylor and Josephine Mack Taylor to Mary T. Baker, one lot and one building on Cen tral Avenue $10. Whitmire No. 4 Outside Ryan C. Baker and Mary T. Baker to T. Leon Taylor and Jo sephine Mack Taylor, 2.98 acres, and two acres and one building, $10. Pomaria No. 5 Hassie Suber Rikard to Walter Suber, one lot and one building, $5 love and affection. Earl M. Stuck to Mrs. Minnie Stuck, 50 acres $5. Mrs. Minnie Wicker Stuck to Ralph Wyman Stuck, 50 acres, $1500. David B. Ringer to William H. Ringer, 3.48 acres $5. Prosperity No. 7 C. S. Holland to Ralph C. Fin ley, one lot $5. L. Glenn Fellers to Joyce H. Fellers, two acres, $5 love and af fection. Little Mountain No. 6 Mrs. Katherine F. Bacon to Mrs. Maye Bell F. Hartley, 4.15 acres $5. FAMILY ORIENTED Why should those congressmen be so reluctant to discuss the practice of placing relatives on the Government pay roll ? After all, doesn’t it bear the Good White housekeeping Seal of Approval ? —The Danville (Va.) PATIENTS IN THE HOSPITAL Mrs. Lorene Crumpton, New berry. Miss Deree Abrams, Newberry. Mrs. Sara Mae Hendrix Boland, Newberry. Mrs. Annie K. Cromer, Saluda. J. Dave Caldwell, Newberry. Mack Eargle, Newberry. Mrs. Cora S. Fellers, Prosper- Elton Frick, Little Mountain. Master William C. Gaskins, Clinton. Mrs. Jessie Mae D. Hendrix, Newberry. Mrs. Nancy H. Hawkins, New berry. Rev. John B. Kilgore, Newberry. Mrs. Marcy Knight, Newberry. George M. Long, Prosperity. John Berley Morris, Newberry. Mrs. Virginia D. Moon, New berry. Louis Morris, Newberry. Billy Delano Morris, Newberry. George R. Nichols, Newberry. Mrs. Lucy Rivers P,rosperity. Mrs. Annie C. Scurry, Saluda. Mrs. Ethel M. Suber, Pomaria. Mrs. Ada Thompson, Newberry. Miss Bessie Thrift, Newberry. Mrs. Nellie W. Welborn, New berry. j Mrs. Willie Mae F. Wicker, New- ! berry. Senator W. Pitts, Newberry. And It Seems Twice That A centenarian says he has lived to be 100 by refraining from smok ing, drinking, and chasing women. This may explain how he has liv ed that long, but it doesn’t ex plain why. —The Cherryvale {Kan.) Republican Recent Marriages James A. Cartre of Whitmire and Thelma L. O’Donnell of New berry were married on July 25 at Whitmire by Rev. B. R. Nichols. Francis R. Watts and Caroline Thomas of Newberry were mar ried at Newberry on July 17 by Rev. J. W. King Jr. George E. Counts Jr. and Nom Emma Longshore of Prosperity were married by Rev. J. Harry Grout on July 28 at Prosperity. Glenn Huffstettler of Chapin and Patricia Kingsmore of Pom aria were married July 28 at Po maria by Rev. C. Harry Crout. Accessory After the Fact If you want your children to get a good education today, yo«x have to pull a few wires: On the TV, the radio, and the hi-fL 2 % FEDERAL LOAN FOR REA CO-OP’S CONWAY STEAM PLANT PENALIZES 473,000 SOUTH CAROLINIANS WHOSE ELECTRIC BILLS INCLUDE TAXES Announcements of a $27.6 million Federal REA loan for a super co-op generating plant at Conway, S. C., state that customers supplied through Central Electric Power Coop erative will thereby save $1,800,000 in the period 1964-73. This claim raises questions affecting the interest of South Carolinians as electric customers, taxpayers, and citizens: L Could this saving to these co-op customers be made with out an REA loan and tax-free generation of electricity? Yes. Santee Cooper now supplies Central Co-op and will continue to do so. The three electric utility companies operating in South Carolina offered to supply to Santee Cooper the additional power needed. This would be done with heavy transmission interconnections for the Conway, Myrtle Beach and Georgetown areas. The utilities offer was at a cost which would enable Santee Cooper to sell to Central Co-op for the same price that it could with the new steam plant The sale of this power to Santee Cooper not only would have provided the same saving to the co-op customers, but would also have added more than $2,500,000 in tax payments to local and state governments in South Carolina for the period 1964-1973, as well as substantial Federal taxes in addition. 2. Have 9&000 REA customers in a part of South Carofina been favored at the expense of 473,000 South Carofin- ians whose electric bills include taxes? Yes. Customers of taxpaying electric companies pay considerable sums to state and local governments in taxes included in their electric bills. One of these taxes is the South Carolina generating tax of one-half mill per kwh. If no more than this tax were included in the cost of co-op power, the claimed savings of $1,800,000 would disappear and the co-ops f power would cost $1,200,000 more. The proposed production of non-taxed electricity at Conway will therefore increase the tax load of the South Carolina customer whose electric bill includes taxes. 3. Do the co-ops save money by building this plant except the money saved at the expense of the taxpayers? No. If nothing more than the half-mill generating tax were added to the co-ops’ cost, the power from Santee Cooper would cost the co-ops more than they can buy it for from the taxpaying companies. Of course adding full local and state taxes, not to mention Federal taxes, would greatly increase the cost to the co-ops. 4. Will this REA loan increase the tax load of Federal tax payers? Yes. The $32.9 million REA loan for the steam plant and related transmission lines will bear an interest rate of only 2%. The Federal government, on the other hand, must pay about 4% on long-term money which it bor rows. If this same difference in interest rates prevails over the next 35 years (repayment period on the REA loan), Federal taxpayers will have to make up the dif ference of millions of dollars in interest on this loan. The claimed saving of $1,800,000 for co-op customers in 10 years will cost Federal taxpayers $5,000,000 in the same 10 years because of this difference in interest rates alone, or over three times the claimed saving. In addition, the co-op steam plant will produce no Fed eral income. 5. Will the steam plant and Central Co-op transmission lines be a so-called “fifty million dollar gift” to South Carolina from co-op customersas claimed by the co-ops? No. A steam plant 35 years old is a gift of little value. Steam plants and transmission lines are customarily depreciated at a rate of about 3%, which means that at the end of 33 years the plants and lines are completely depreciated. 6. What is the real purpose behind this 2% co-op loan? This is part of the continuing plan of the National Rural Electrification Administration for its unwarranted and unnecessary expansion. Department of Agriculture fig ures show that 97.6% of all the farms in the United States now have electricity. The original job of the REA —to bring electricity to rural residents who did not have it—has been accomplished. In South Carolina the investor-owned power companies are ready to supply economically all power needed to take care of growth in use of electricity by co-op customers as well as by their own customers. By lending additional millions of taxpayers’ funds for generating plants, the REA is not bringing electricity to people in rural areas who cannot get it. It is further subsidizing electric service for co-op customers at the expense of the taxpayer. Shearon Harris, President CAROLINA POWER & LIGHT CO. W ft. K W. B. McGuire, President DUKE POWER CO. S. C. McMeekin, President SOUTH CAROLINA ELECTRIC & GAS CO. mm ms IKE I