Historical Newspapers of South Carolina

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PAGE TWO THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA THURSDAY, JANUARY 7, 1965 1218 College St., Newberry, S. C. 29108 PUBLISHED EVERY THURSDAY O. F. Arrnfield, Jr., Owner Second-Class Postage Paid at Newberry, Soutn Carolina. SUBSCRIPTION RATES: $2.00 per year in ad vance :Six Months $1.25. THE “SPECTATOR’S” COLUMN We are in the full tide of the Christmas season and along with the revelry and the gift buying and planning of feasts there is a deep underlying truth that far transcends all the merriment and good cheer of exuberant spirits. What is Christmas? The word Christmas implies a celebration of the Christ, the coming of the Son of God to bring vividly to our dull precep- tion the reality of the living God and His solicitous regard for us frail mortals. Indeed I am in er ror in speaking of mortals, for Jesus brought to us the reality of life beyond the grave. It is no longer a mere speculation for philosophers, but a proved fact. So, in our observance we should think beyond fire-crackers, rich food, trinkets and liquors and re flect on the song of the angels, “Glory to God in the highest and on earth peace to men of good will." That is a somewhat unusual rendering, for the old translation “Peace and good will to men” seems to convey a broader grac iousness of the Father, for He Stands ready to hear the unjust and the just—all who seek Him. Jesus said “I came not to call the righteous, but sinners to repen- tence. He opens the door to all who seek Him. The Furman University trustees seem to have overlooked certain fundamental considerations: Fur man is one of the Baptist institu tions under the Baptists of the State; and the Baptist of the State are represented by the State Convention of Baptists. The State Convention of Bap tists elects the trustees; there fore the trustees, are one of the organs of Baptist control under the Convention. A fair discretion is permitted to trustees but when the Convention clearly and ex plicitly ordered a policy it was not within the discretion of the trustees: they had their orders and they deliberately refuse to obey, thereby openly defying the State Convention. Suppose the General Assembly of South Carolina should adopt a rule can you think of open de- Board finding itself unable to fiance by the trustees? In a day of finer sensibility a obey a superior would have re signed. Whether the Board hopes to attract more money by its course is not at all pertinent to the question. The Board was elected, by the Convention and is entirely subservient to the clear mandates of the whole Baptist fellowship as represented by the State Conven tion of Baptists. Does you mind grasp the mag nitude of our American business? How much oil and gas we use in a day? Where does oil come from and how is it made available for use in every nook and corner; in every town and city; for trains and buses, the millions of cars and trucks, the ships coming and go ing the high seas? I recall two vivid scenes. I went down to the docks in Brest, over in France, and out in the bay was the giant ship Imperator. It was coaling; and for several days lighters came alongside with hundreds of tons of coal, for that vast ship required more fuel than a dozen of the long 20-car trains would use in a month. Some months after that I was on my way to Peru and our ship tied up to the dock at Christobal, the Atlantic entrance to the Panama Canal, or perhaps the Carribbean entrance. Big hose at the dock poured oil into the ship, a steady flow by machinery. Today oil probably is more commonly used than coal, though our South Car olina Electric and Gas company has learned to get results from coal. How do we get the oil, the millions and hundreds of millions of gallons used every day? I should be more accurate if I said the millions of tons used every day. Well, Mr. Rathbone, head of the vast Standard Oil company, New Jersey, tells the story and I quote him: During 1904 a dramatic new chapter was begun in the history of petroleum exploration — the I search for oil and gas under the waters of the North sea. With it. hopes of possible important , discoveries were raised. But, taken together with the industry’s billion-dollar-a-year search all over the free world, the venture ! may also bring a question to some minds. Could it be that instead j of being in danger of running out I of oil, as some people have fear ed, we are in danger of finding I too much ? My answer is No—but I can J understand why this question is sometimes asked. The free world oil industry, merely by ’turning valves’ could immediately raise its daily production and delivery of crude oil by some 5 million bar rels, or over 20 per cent above the present level. W'lth new transpor tation and storage facilities, this volume could be raised much high er- Moreover, the industry now possesses proved reserves roughly equal to the anticipated free world oil and gas consumption for the next 20 years. To these can be added large amounts which will doubtless be produced from exist ing fields by new techniques per mitting more complete recovery of the oil that remain in the rocks. In addition, there are huge known deposits, in North America and elsewhere, of tar sands and oil shales from which oil will begin to enter the market before too long. W’ith all these known sources why do we hunt so hard for more? There are several reasons. To begin with, a very great effort is required simply to replace the reserves that are now consumed every day. From one day to the next, this effort may yield more new reserves, or less, than are needed to replace the old—but we must aim at full replacement. Furthermore, world energy de mand isn't standing still. The in dustry^ 5 million barrels a day of spare producing capacity is about equal to the growth in oil demand we expect in the next three or four years. In 20 years the demand will be double. If producing cap acity ever fell behind demand, to morrow’s new energy consumers would go to some other supplier —and oil producers would start losing markets. Energy is so vital that any energy user must feel very se cure in his supplies. He must feel confident that an emergency in crease in demand, such as Europe experienced during the record cold winter of 1962-63, will be met. He must also know that if one source of supply is interrupted for poli tical, technical, or any other rea sons, his needs will be met from elsewhere. To plan with confi dence, he must have these as surances for many years ahead. This ‘security of supply’ re quirement is a powerful motiva tion for oil companies to continue, through active exploration, to augment the volume of their crude oil reserves—and to diversify their sources both geographically and politically. In addition, the very nature of the oil business leads in the di rection of finding more oil on top of already adequate supplies. If a promising area for oil explor ation is opened up for bids, every oil company knows that unless it gets in from the start, it will, for all practical purposes, be forever barred from acquiring any oil re serves in that area- This leads many companies to bid for con cessions even though they may already have reserves that are quite adequate. Underlying all these considera tions is a simple fact of geology. Nature’s bounty is unpredictable. When we start exploring a new area, we don’t know whetner we will find oil or gas, a lot or a lit tle, in one year or 20 years—or never. The only way to beat such circumstances is to spread our efforts over many promising areas. If we are reasonably suc cessful we may develop more oil than we need right away. But we can’t afford to run the risk of being not successful enough. In recent years this broad ex ploration strategy has kept the oil industry’s producing capacity well ahead of demand. We should be glad this is so. There is noth ing that will inject governments into our business quicker than an oil shortage, or even the threat of one. A reasonable surplus of supply, then is not a misfortune for our industry; it is a necessity and even a blessing. A surplus of sup ply is the only way in which the year-to-year uncertainty of ex ploration can be reconciled with the certainty of rising energy de mand.” “Before World War II, 12,000 tons was still considered a good- sized ocean tanker. Then, during the war, the United States Mari time Commission ordered 526 tankers, called T2s, of some 16,- 000 dead weight tons. Many of these were purchased after the war by oil companies, including Jersey, to replace tonnage they had lost to enemy action. Jersey’s first ‘supertankers’ (27,000-ton THE MORALITY ISSUE POST MORTEM One of the most distressing realizations one can have looking backward at the elections derives from the fact that too few Am ericans really cared to search out the real issues or even to find the stamina required to make any choice at all. This itself is partly a matter of weakened morality. Whether this was cause or effect we are not quite sure, but it does seem that too few of us were thinking deeply about issues. Perhaps there was not enough moral ferment on the political scene, no sharp focus for debate, and far too much self-satisfaction with the state of prosperity. We do not blame Senator Gold- water, who now and then brought up more than enough to light a considerable political blaze but whose campaign obviously did not catch fire. We do not blame Pres ident Johnson, who joined very few issues indeed, for wanting to coast into a full term on the basis of prosperity. His image as the fatherly supervisor of good times, with something for every Ameri can and mellowness toward the Reds for the sake of peace, was apparently enough to commend him and his program to the vot ers. Difficult to Pin-point So, not many citizens got ex cited, it seems. As in 1960, too many thought nothing of de faulting so that “they” (to use the tasteless phrase of one well- meaning “go vote” appeal) would make choices. There was some ex citement late in the campaign, when morality in government got a boost as an issue because of misconduct of a Johnson associ ate. But it was not enough to vessels) were delivered in 1949-50. Today the Esso Deutschland, own ed by Jersey’s German affiliate, is 91,600 tons. The Esso Londan, owned by Esso Petroleum Com pany, Ltd, is ^lightly more than 90,000. She is \861 feetlong, ex ceeded in lengtn only by the lar gest passenger liners. The two largest ships on order, 152,000-ton tankers for a Japa nese firm, could easily be accom modated at Milford Haven now, at the Esso refinery in Norway, or at the great offshore mooring structure of Esso Libya on the African coast.” depend upon the pitiful records of a couple of fallen associates to defeat the President at the polls. Not even the wheeler-dealer his tory of Lyndon in Texas, TFk best seller paperback, could unseat him or separate Texas from him. Nevertheless, we do believe that some real issues of slipping mor als and softened integrity and careless ethics remained submerg ed under the surface of American life. These were difficult to dra matize, though the Arizona Sena tor tried bravely. But there will be another time, when more peo- ple may care. Some Do Care / Serious concern, for example, was voiced recently in Chicago speech by the chairman of the world’s biggest utility, Frederick A. Kappel, of American Tele phone and Telegraph. Said he: “You don’t have to be a puritan to sense that moral standards have slackened. It is hard to es cape the feeling that things are worse than they used to be. The crime statistics keep going up. Disrespect for law and order is widely apparent . . . and it isn’t just poverty and narcotics and racial tensions that generate all the trouble. There are many other factors as well. “I would say these include, for example, a weakening of religious belief and training; the idea that society owes everyone a living, and, to a great extent nowadays, people simply seem to take mis behavior in stride. They don’t get up in arms about it. A bad actor isn’t really bad, he just makes mistakes because his childhood was unhappy. Attitudes of this sort have tremendous influence.” Such a description of the general moral climate of the nation de serves study by every one of us. For Good or Evil? Although we do not feel that Congress can or should legislate morality, nor the Federal govern ment enter this area in its ex pansion efforts, we do believe that definite relationships between the government and its people do ex ist. It is rather the quality of government, its laws and its ad ministration of justice that in duces good attitudes, respect for others, and regard for high stand ards. Much more is involved, in deed, than the occasional removal of some weak or defective charac ter from the government service. Good government is a mighty force; poor government based on bad principles is a destroyer. On the whole, U. S. government has been good. We have produced no Napoleons, Machivellis, Hit lers, or Castros. History reveals seme unpleasant paragraphs and unprincipled characters, but the Dean Manion the MANION FORUM The state of our economy and the comparative condition of the world, analyzed in the context of different and often conflicting political systems, should widen our appreciation and deepen our un derstanding of the unique and Still relatively young concept of American freedom. If the Russian system is striv ing to provide freedom and a better life for its citizens, then we can accept the word of a high official of our State Depart ment that the severity of the Sov iet slave system is really “mel lowing.” If this is true, then we might have expected the Kremlin to have been picketed by Russian “civil rights” organizations pro testing the undemocratic ousting of Khrushchev. You can imagine what would have happened in this country if something similar to the Russian succession had been suggested by the Governor of Alabama. We really did not ex pect any such demonstrations in Russia, and of course there were no audible or visible protests there. But where were the pro fessional “civil libertarians” in our own country? Did anybody here carry a ban ner on the street denouncing the suppression of the Russians’ right to vote for or against Khrush chev? Here was our big chance to teach a lasting lesson in lib erty to all mankind. Never before had the sharp line of distinction between freedom and slavery been more clearly drawn for ah to see. Under slavery, the people are told who is to rule them, and un der slavery these self-appointed rulers tell the people what to do, people have always mustered the moral strength to come back to the right and the true. They must, and will do it again. The immor ality of expanded federal power —the rush for public spending, the cheapening of our money, the easy haste in judicial overturn of law and precedent, the condoning of civil disorder—these only begin the list of negative contributions to public morals. Government ought to lead, as much as it can, away from moral decay. where to go ? .d what to think. In freedom, the people choose their governors, and tell these freely chosen individuals what they are to do to protect the peoples’ God-given liberties. When this new demonstration of tyranny took place in Moscow in October, the President of the U. S. stepped to a television micro phone to make an official response to the sud ien shocking shift of power in the Kremlin. Here was the long awaited opportunity clearly and safely to pillory the curse of Communist slavery be fore mankind. Instead of doing this, the President accepted the new regime without murmur and almost slavishly appealed for its collaboration in the quest for peace. The “Big Brothers” in charge of the Kremlin agreed with our President to pick up the quest for peace where Khrushchev left off. The policy of peaceful coexist ence will continue. The Soviet undertakers will remain on the job ready to proceed with the funeral and final interment of our “im perialistic American capitalism” whenever our native gravediggers complete the necessary excava tion. The fatal existing delusion of American foreign policy is our official conviction that peace and peaceful coexistence are the same thing. This seductive misconcep tion has been responsible for our continuous, disastrous retreat be fore the advance of Communism everywhere. Brown to be speaker here The Newberry Isolated Group of Jehovah’s Witnesses announces the visit of James R. -Brown Jan uary 5-10. Mr. Brown is a Trav eling and an Ordained Minister of the Watch tower Bible and Tract Society of Brooklyn, N. Y. Mr. Brown will assist the local group of Jehovah’s Witnesses in all features of their ministry. Thursday evening,/he will give constructive counsel at the Theo cratic Ministry School to local students. His visit will be climax ed Sunday, January 10 at 4 p.m. at 1817 Lindsay Street, when he will discuss the subject “Do All Religions Lead to Eternal Life?” All meetings are free and the public is invited to attend. Among Newberrians who re turned to Athens, Ga. the first of the week to resume studies at the University of Georgia were Miss Beth Atchison, Frank Lom- inack, Jr., and Frasier Sanders. — STATEMENT OF CONDITION NEWBERRY FEDERAL SAVINGS ASSOCIATION LOAN ASSETS First Mortgage Loans Loans on Savings Accounts Properties Sold on Contract Real Estate Owned — Investments and Securities — Cash on Hand and in Banks Office Building and Equipment, \ less Depreciation!_ Deferred Charges and Other Assets NEWBERRY, SOUTH CAROLINA AFTER THE CLOSE OF BUSINESS DECEMBER 31, 1964 LIABILITIES Savings Accounts | $19,276,692.60 $19,980,262.89 227,103.14 29,530.97 23,000.91 792,600.00 1,338,121.58 158,055.77 114,984.91 $22,663,660.17 Advances from Federal Home Loan Bank — Loans in Process Other Liabilities 4_ Specific Reserves General Reserves $1,711,182.51 Undivided Profits 1,300,000.00 292,172.31 3,269.67 2,500.00 77,843.08 1,789,025.59 !3,660.17 -v PS* ■■ : &•/•? * ■ - '2^ ir Y.IKJttrav'. • 5AFCTY 09 voua savings INSURED v iC uA\ 09 TO 'avtjvgs and Loan Association SAVINGS INSTITUTION FOUNDETD 1935 18S8 C02.Z.BG2 STBBBT, NEWBERRY, 0. 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