The sun. [volume] (Newberry, S.C.) 1937-1972, February 16, 1967, Image 2

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) ar N• • v. 1 .* rry Sun. NYwbarrv, S. Thursday, Feb. 16. 1967 un Id 18 College St., Newberry, S. 29108 rt'HLISHFI) KVERY THURSDAY (). F. Armfield, Jr., Owner Second-Class f’nstaye Paid at Newberry, South Carolina SUBSCRIPTK )N KA TFS: $2.00 per year in advance. Six months $1.26. SENATOR Y STRO HURMOND Reports PEOPLE THE BARN I'M BMXiET P. T. BARM M. the ^rx'ut.'s’ showman of his day, once said. ‘There’s a sucker Intm every minute." Judging from the gim micks, evasions, and mani[)ula- tions in the I-'jscal Year 1%8 budget, tin' present-day politi cal shournf'n in the Adminis tration subscribe to Barnum’s maxim They otiviously believe the American [xipulaPon con sists largely of such meker who will accept on face \a!u< any jiretty package as long, a- it is attractively urapjied. THi: AMERK AN PEOPLT d(^er\e :« MTiipulousIv hon«*st federal budget. The one sub mitted to tl»e < ongress and the public this year b> the Presi dent widens the “credibility gap” over the state of the na tion’s hank book. This budget is predicated on income which will not he realiz»*d, savings which will not Ik* made, ex penditure limits which will not Ik* adhensl to, and taxes which may well not In- levied. In vir- tuall> every ease, an> doubt as to the availability of funds for “<ireat Society” programs ha* been r**sol\ed in favor of a “spend it now and uorrx aintut paying for d later” philosophy. THERE IN ONE TRICK which has long (a'on ia exist ence but which has been honed to a fine edge by * be present Administration It i to rt‘Com- mend cutlfacks m programs that art* part; ‘olariy faxorc*! both in t ' rigs t . and arnonr the pooplt 1 , in tlio firm know lodge that t ' >n\ p o s w ill : e-1ort‘ 1 tie furaF. :n• n { * in ’ iv revolt against !<• •* eni ’ ick t he Ad- mini :. .• i or n be .-nvi.itJ-- |H>sit ien -el t i»h that !t trusl •. i; ;" 1;ie tur :gel ! .at t( an. tv ■ n ' .> n • h.* < i n i 1 i t i > * •*\ - ’ * i’t’.t on dr. 1.1 ' . . * - ■ i V e in.' n. 1 T i b\ :b. j, 11 ., i _ •. , ( , I ' r . * . ■ 1 : . x. ' • . i . Th- . i -i* 1 - -. nr.,. i U! . lunt’i; an* ’ • ■ ■ . * * r< ( , r t ; ; i |' ; * j • f r I” ’■ ::i nrii * U’a; ; i; \: ah: •! d. n* ’ r ht ■ g. > 1 . ■ .g. - ; . . gr irn nil. IKK K11 '>1 KIMMK K rt* -ortr.! * : r i . , , f 1 . . 1 . ' • 1 1 ' ■ calltsl i>r: ? : N ; fi * . : * r ‘. : Y . Thi - ’ • n *. ’ ■ ' i ■ f * . t ^ ' from . : i t; t lie f,n *n- c i a i : •;:*■ i .:i f : . ! r t * i ; i : ; if • ' • ■• ! \ | YMUi. ' ■. 1 ..h>. t lit’ F; , b Year F»' i'-fie.* To- . f :■ .: vcipa! a-n eer- ?ifiratc par'i.-uia? !y adwh tarns u- f; : >m a !»<»;;?.• a. - *an.l- fxiint r-inl e ;f .il!< v ; r »rr;,r g and -pt-nd iitig as astia'. w h.t-gh is n«it roil eeted if, ,h :- ’ ’ T. i dotit and is n l * gi d n tli<* b*udgf t deficit THE SYSTEM works tins way: government lending agen eies, such iv* the Small BusincK* Administration and the Export Import Bank, pool their out standing loans, and certificate* baaed on tht*se aaai-ts are sold on tiie op«‘n market the same as ordinary government bon da Thme eertirteat«*a do n<*t carry the “full faith and credit” of the United States, however, and therefore are not counted aa part of the formal, public debt. While the participation certificates* supposedly substi tute private credit for public credit, in the final analysis the government is still borrowing the money it is spending. The President proposes to offer $5.7.’) billion of participation certificates to the public during Fiscal Year 1968. IN MID-JANUARY the fic tion of private credit was fur ther complicated when the gov ernment began selling partici- pation certificates to its own accounts, such as the Social Security Trust Funds. The ef fect on government bookkeep ing is a reduction of both fed- eral spending and the National Dept. The government is thus assuming the role of borrow’er, intermediary and lender. THE SPIRALLING federal deficit facing the people was further masked when the Pres ident presented his figures based on the so-called “national income budget” instead of the traditional administrative bud get The former has special ap peal in that it treats taxes as income when they accrue rather than when they are paid. Since the President is proposing both higher income, corjxmation and Social Security taxes, the “na tional income budget” enables him to treat those proposed taxes a- money in the treasury This maneuver allows him to pi edict a deficit of only $2.1 billion dollars well below the ■S<s 1 billion dollars which the nr tomary administrative bud- ot would yield for 1968. TO BE LESS THAN complete ly honest on what it costs to Min ?h<* country widens the Ad- miiio i cat ion's credibility gap” m the minds of the public who n htlv '-usfM-et they are being mded Thr u-.-fuiness of the budget a*, an economic docu- mee: lii'- been overshadowed by ■■ e t poht ien] d<-eument ' ’ T - r >V-v~-. 'V -CT County native dies suddenly , : : ■ r;>- • ■ • • \ 1; 1 ’ .: ■ . . '! - y,. \ M- \ • r • v. i f * ■ ;; l '. N _ \ ] ; . • *' \b w • • • . <• . ar H i . • f ; ■ - iPv V yi Ih-da-:.- • . . i: •. >• M H ■ k- : ■ \v. • < • :: r. New; erry. Miss P>rantlee Price receives the crown as Newberry’s Queen of Hearts following the fivic League sponsored contest Saturday night at the Newberry High School auditorium. Placing the crown on her head is Miss Cheryl Folk, retiring Queen. At left is Miss Marcia Schumpert, second runner-up and second from left. Miss Debra Sparks of Whitmire, first runner-up. (Sunphoto.) South Carolinians are spoil ed. We take for granted our mountains, our fish-filled lakes and streams, and our fabulous Brand Strand along the coast. We are so spoiled, in fact, that non - ^outh Carolinians have been .-ding oup -tale a- bout as actively as we have. In Canada, la.-t yeat. we found hundreds <>f friends who al ready are .-pending their vaca tion- w ith and many oth> r.~ who .an! they would -ee u- in 1 no 7 The p..t. fit ;a! for ’.oun-m n - o i;: ■ < a r o ] i 1 ,; i - a 111... • an in j A ft < r ! he t .«ur -t - ibav. oal • u up o.,|* an h r e and between Washington and S. C can be taken in either direction. We are proud that our re quest has been honored. Meet on civic development to be in Columbia The Camen < i d • T South Carolina. Inc., .n e egarat on with t'e National Co unci i of State Car.ien C. a:.-. Inc., and !,.■ * <b 1 • c * f| f CeU'- a S' uc. of the Urbver-.ty -f South Fee, lb Affect- Civic Development.” Roi^ert H. Rucker, chairman. I^andscap” D<-sign. National Council i,f Garden C;ub*. will be the principal speaker. The titles of Mr. Rucker’s morning and afternoon lectures will be *' Landscape Design, the Key to succes>f u3 Beautification." and “C d Development, tine \'eh cle of Action.*’ Several other prominent members of the National Gar den C]-jb will participate on the program. An interesting feature will be the panel discussion mod erated by Mrs. A3 ice Wyman. Coordinator of Community Services, University College of General Studies. A cordial invitation *« ex tended to all persons interest ed in Civic Beautification to attend th:.- stimulating and ehalj-nging conference. A num- b-r of Newberrians attended the conference last year. Among the committee mem bers from the Garden Dub of South Carolina perfecting plans with the Ur Y- r- ty i* Mrs Richad L Baker. Conference cr, airman. Headquart-rs for the confer ence will be the colurr.b.a R^-- dene- Hail i formerly ^ olurn- b a H gel i and f - overnight gue-t-. H'.'-l Wade Hampton, within walk.rg distance of tne f r . v-r- *v ta r.-d at a Tea a* *he G v- e ■: •. rMar. - ' * AUDITOR’S 1%7 TAX ASSESSMENT NOTICE • • Returns of personal property, boats, motors, trailers, mobile homes, real property, ne* buildings and real estate trans fers and poll tax are to be made at the County Auditor’s of- * fice beginning : < * 1 M1 ’I.I A N i r. HFA FiN' tb pr • . • v-- f v - De- i T 1 * + . , . , » , / * ’ January 3rd, 1%7 ' . THROUGH February - 28th, 1967 I d* -' ' • . . • . a i f Yi. * * - a h. - c w f- ] | Ali able-bodied male citizens between the ages of twemtj- one and sixty are liable to $1.00 poll tax. All returns are to be made by Tax Districts. Your failure * to make return calls for penalty as prescribed by Ian - . u" . . * .■id' • r.. w - P" . ( . t y N • • r * ‘ ' f RALPH B. BLACK. Auditor Newberry County i