Historical Newspapers of South Carolina

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PAGE 4—The Newberry Sun, Newberry, S. C., Thursday, July 20, 1967 .'T' THE M ANION FORUM IU M ARILYN M ANION THE CAUSE OF ALL OUR ILLS What are the things that Americans worry about in these seemingly prosperous days of 1967 ? It is clear that the pub lic is not content with the pres ent state of affairs. Theii grumbles are heard all over the land. Families are concerned with the rising prices of basic needs —food, shelter, clothing, and education. These particular problems are caused by infla tion. Taxpayers complain about the increasingly large bite the gov ernment takes from their pay- checks—making it even more difficult to pay these higher prices. Young men face the grim prospect of fighting in Viet Nam. And everybody—if secretely and only upon occa sion—ponders the possibility of a nuclear holocaust. At first glance, the above compilation of complaints seems to be made up of diverse items. One would not casually and im mediately conclude that all of these ills are the effects of one underlying cause. A recent guest on the Man- ion Forum, nowever, did con clude just that. And he did not form his considered opinion casually. The man who aired his conclusion over the Forum radio program is Dr. Joseph Link Jr., Professor of Econo mics and Business Administra tion at Xavier University in Cincinnati. A former American officer in World War II, Link was Public Affairs Attache for our American Ambassador in Korea in 1951 and 1952. “Communism,” said Link, “is the basic cause of our defense spending and inflation, the draft and Viet Nam. “Back in 1917, Nikolai Lenin, the father of Russian Commun ism wrote this: ‘Germany will militarize her- WANT TO TAKE ROVER TO EXPO 67? Simply be sure you have a certificate from a licensed veterinarian stating he has been vac cinated for rabies within the past 12 months. A description of your pet should be included as well as date of vaccination. No restric tions on cats. Incidentally, Canadian provinces are rather particular about your automobile insurance. Call us for the latest information. “YOUR PRIVATE BANKERS” 141S Main Street Phone 276-1422 self out of existence, England will expand herself out of ex istence, and America will spend herself out of existence.’ ” It is Link’s contention that we are spending ourselves to death right now. “While our boys are dying in Viet Nam fighting Communism, we sell wheat to Russia; we trade with Cuba; we build steel plants for Poland; and we subsidize Tito. We aren’t really fighting Com munism; we value our material goods more than tightening our belts and winning a decisive victory. And we are still afraid of a showdown. “In America, everyone must have a new home, two bath rooms, two cars, color T-V, stereos—and all on credit. Our courts are full of cases of crime and violations of law and order, and all the while we go into debt nationally to keep ourselves prosperous! Without this defense spending, the draft and Viet Nam, America would have a major recession. So we really do have a false economy. Government is subsidizing the schools, farms and banks—just to keep us prosperous. This is what Lenin spoke about when he predicted America would spend herself out of existence. “The Communist desperately want us to spend ourselves white, to disintegrate from within, so they can take over without firing a shot. Today we are stronger than the Communist world. We must be, or they would be at war with us. While time is with us, we should be forceful and firm in our dealings with the Com munists.” Nursing Home Patients Malcolm L. Baker Whitmire Mrs. Hannie Blair Blairs Leroy Boozer Chappells Winsor C. Boyd Newberry Mrs. Annie N. Bowers Newberry Mrs. Minnie Bridges Newberry Mrs. Frances Bundrick Whitmire James C. Butler Silverstreet Mrs. Minnie B. Butler Silverstreet CITY DEMOCRATIC OFFICIALS—Sam. A. Cook, seated left, was relected chairman of the Newberry City Democratic Party when the organizational meeting was held at Council chambers last Friday night. A. P. (Pete) Parrott, second from left, was reel ected secretary. Named executive committeemen were, seated, T. P. Wicker, Ward 4; C. A. Dufford, Sr., Ward 2. Standing, from left, F. J. Harmon, Ward 6; Ed Rollins, Ward 5; Frank Armfield, Ward 1, and Dewey Kinard, Ward 5. (Sunphoto by Lin Sla ton) Mrs. Rosa Campbell Whitmire James Richard Clary, Sr. Newberry Mrs. Florence Crump Newberry Mrs. Lcla DeHart Newberry Walter Dickert Newberry Miss Lucy Epps Newberry Edwin Fuller Newberry Miss Lavinia Harmon Kinards Mrs. Mamie B. Hornsby Newberry Mrs. Bessie D. Horton Clinton Mrs. Florence Jordan Newberry Mrs. Tilla W. Kaufman Newberry James Luther Long Newberry Mrs. Elizabeth McGill Newberry Rev. James R. McKittrick Kinards Mrs. Drucillia McSwain Newberry Miss Mary E. Maw Newberry Miss Minnie Lee Nash Clinton Mrs. Belle Nesley Newberry Mrs. Nannie Quattlebaum Newberry Mrs. Marie Rushton Newberry Mrs. Elizabeth Shealy Little Mountain Mrs. Hassie Sligh Newberry Mrs. Daisy Stone Pomaria Claude P. Summer Union Mrs. Alma Taylor Prosperity Mrs. Mattie Turner Newberry Mrs. Janie Wages Newberry Mrs. Nancy Weeks Newberry Miss Julia Wicker Newberry Mrs. Eugenia S. Wise Newberry New South Life shows growth The New South Life Insur ance Company has passed th( $100 million figure for insur ance in force, it was announcec by Lester L. Bates, President. The company reached this figure after only 12 years in business, and Bates said that he feels that this is an achieve ment of which the company and its agents can be extremely proud. The company was founded in July 1955 with a total of nine agents, and it has grown to employ a current 220 agents throughout the state. GRADUATE AT RICHLAND TECH Two Newberry county stu dents are recent graduates of Richland Technical Education Center in Columbia. They are Robert L. Dominick Prosperity and James R. Bed- enbaugh, Newberry, who re ceived degrees of Assocate in Tool and Diemaking. Rubber Stamps 1-Day Service THE SUN OFFICE Phone 276-5800 State Bank No. 67-693-532 REPORT OF CONDITION OF THE BANK OF COMMERCE OF PROSPERITY, IN THE STATE OF S. C., AT THE CLOSE OF BUSINESS ON JUNE 30, 1967 ASSETS Cash, balances with other banks, and cash items in process of collection United States Government obligations Obligations of State and political subdivisions Securities of Federal agencies and corporations Other loans and discouts Bank premises, furniture and fixtures, and other assets representing bank premises Other assets TOTAL ASSETS $ 376,366.51 465,589.88 478,107.97 169,966.69 1,318,729.31 45,314.04 20,028.67 $2,874,103.07 LIABILITIES Demand deposits of individuals, partnerships, and corporations Time and savings deposits of individuals, partner ships, and corporations Deposits of United States Government Deposits of States and political subdivisions Certified and officers’ checks, etc. TOTAL DEPOSITS (a) Total demand deposits (b> Total time and savings deposits Other liabilities TOTAL LIABILITIES $2,571,442.62 $1,698,630.40 $ 872,812.22 1,519,687.33 708,894.28 68,889.29 249,430.55 24,541.17 57,866.21 $2,629,308.83 CAPITAL ACCOUNTS (c) Common stock — total par value $50,000.00 No. shares authorized 5,000 No. shares outstanding 5,000 Surplus Undivided profits TOTAL CAPITAL ACCOUNTS 50,000.00 150,000.00 44,794.24 244,794.24 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $2,874,103.07 MEMORANDA Average of total deposits for the 15 calendar days ending with call date 2,554,526.14 Average of total loans for the 15 calendar days ending with call date ‘ 1,354,334.76 Loans as shown in item 7 of "Assets” are after deduction of valuation reserves of 33,853.38 I, Jacob A. Bowers, President and Cashier, of the above-named bank, do solemnly affirm that this report of condition is true and correct, to the best of my knowledge and belief. JACOB A. BOWERS Correct—Attest: DIRECTORS: J. MONROE FULMER RUDOLPH C. BARNES W. G. LYLES State of South Carolina, County of Newberry, ss: Sworn to and subscribed before me this 11th day of July, 1967. and I hereby certify that I am not an officer or director of thh bunk. My commission expires at the pleasure of the Governor. Annie R. Hunter, Notary Public.