Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

PAGE 2—The Newberry Sun, Newberry, S. C., Thursday, Dec. 24, 1970 1101 Boyce Street, Newberry, South Carolina 29108 PUBLISHED EVERY THURSDAY 0. F. Armfield, Jr., Owner Second-Class Postage Paid at Newberry, South Carolina SUBSCRIPTION RATES: $3.00 per year in advance; six months, $2.00. Dr. George S. Benson President NATIONAL EDUCATION PROGRAM I^^^Searcy^irkansa^^^^ THE WEALTH MACHINE Do our college students who are ranting against the Ameri can “system” know anything about it? Surely not much. If they thoroughly understood the American economic system, how it works, and its incom parable production of goods and services, they would, un less robbed of sound judgment, be boosting it to the high heavens. It produces greater material wealth for its people than any other system under the sun. How, or Why, it does this is an important part of the education of American youth. But in our school sys tem today it is being grossly neglected. “The Wealth Machine” is the fourth in the series of booklets in our brand-new “Educational Survival Kit” which is de signed to be distributed to 40,000,000 young people in our colleges and high schools. The kit contains facts that if widely exposed can halt further alienation of our present youth generation. They are facts that show up the wild-eyed revolutionaries and their dupes as downright stupid and silly juveniles. A Systsem Is Required What is wealth? Wealth is anything that has an exchange able value. How is wealth created? Wealth is created through pro duction of goods and services. In a community of people an economic system must be established for the production of goods and services, and for their distribution. The Social ist or Communist svstem re quires that the facilities of pro duction and distribution be in the hands of the “State” (Government), with no com petition and with prices and wages set bv the “State.” Con sumers must take what they get, and at the price set. The “People” don’t really own anything. The bosses, or Com missars, call the shots — backed by the “State” militia. In the Capitalist svstem, ownership of the facilities of production and distribution is in private hands. Competition determines prices and wages. Consumers in the competitive market influence what’s pro duced and at what price it is offered. In effect, the con sumer is the boss. Communalism Bunk Communalism is something that appeals t o ignorant youths. It is being practiced today by bands of young hippies beset with the roman tic idea of “one for all and all for one.” They do not know that it was tried and it failed at Jamestown and Plymouth Colony more than 300 years ago, and has been tried, with out success in various parts of There Are No HIGH HATS Here... Regardless of the size of your account, it commands the same attention as the largest one on our books. Talk to us! “YOUR PRIVATE BANKERS’’ 1418 Main Street Phone 276-1422 "Whatsoever Things' By DONALD E. WILDMON MINISTER Lee Acres United Methodist Church TUPELO. MISSISSIPPI A CHRISTMAS LETTER Several years ago, I wrote my an nual Christmas letter to the members of my church. While I am departing from my usual form a little and my column will be a little shorter, I would like to share the letter with you. For I feel a responsibility toward you des pite the fact that we may never have met. Here is the letter. Dear Friends: As we draw near to this Christmas day, we here would like to take this method of wishing you and yours a Christmas season filled with love aiyi happiness. We wish the very best for you in all that comes. But there are some special gifts we want you to have. First, we hope you will have enough, but not too much. This is our wish for you because often when we get too much we forget where it all comes from. Next, we hope you will be happy, but not quite satisfied. We need to re member that there are others less for tunate than we are. Sometimes we get so concerned in satisfying our own de sires, we forget others who need our love and concern. We hope you will get your share of toys, also. Too many times we make toys out of the things that are most precious in life. And if there are enough toys, maybe we will be a little more serious with the sacred things. It is our desire that you get plenty to eat, but that you will not get quite enough. Maybe if our stomachs hurt a little we could remember the under nourished a little easier. We know that you will be visiting with and visted by family and friends. We hope you see all but one, and that missing that one will remind you that there are some who do not have fami ly or friends to share Christmas with. Perhaps it would help us to be a little bit friendlier. It is our wish that your Christmas tree will have lots of packages under it. And that in the exchanging of gifts you will remember the grandest Gift ever given. It is because of His love that all of us wish all of you a merry Christmas. God bless you. And remember the Christ Child. Merry Christmas from Don, Lynda, Timmy, Angela, and Don na Lou—the Wildmons. —FIVE STAR the world ever since. An economic system based on a “Common storehouse” fails when some of the commune members shirk their fair share of the work, or argue about divisions, etc. Private owner ship and the competitive mar ket saved Jamestown and Ply mouth Colony from starvation a :d extinction. Why does our private enter prise system work to produce so much more, relatively, than any other system? There are five freedoms which are the basic factors: The Five Factors 1. Freedom to dream your dreams and try to make them come true. Our history is full of tremendous stories of the individual who dreamed and, through hard work, saw his dream come true: Henry Ford, who put our society in auto mobiles, is one example. 2. Freedom to compete with the dreamer. Henry Ford couldn’t have a monopoly and charge exorbitant prices, be cause Chevrolet came along to challenge him for the busi- ncrs. More than 1,300 auto manufactures have tried the business: the ones that could serve the public best survived. 3. The best management, in production and service, rises to the top in the keen competi tive climate of freedom. Thus consumers benefit from the verv best management of our enterprises. 4. To capture a big segment of the consumer market, pro ducts must be mass produced. Thus machine tools are con- stantlv invented and refined to make more things better and at a faster rate of pro duction. And this, of course, helps the pay checks of the workers. One man today, with a giant machine, can produce 100 times as much as his counterpart could 30 years ago; and he makes much more money. 5. And finally, the last factor, is personal freedom for em ployees. You can work where you please, quit when you like, bargain for yourself, or join a collective bargaining group. You are free to call your own shots. Our wealth machine is fueled on freedom of indivi dual opportunity. These facts are important to American vouth today. Help disseminate them. BY THE WAY By DORIS A. SANDERS LATE CHANGE In last week’s issue of Th« Sun, announcement was made that the Bank of Commerce of Sun, announcement was made that the Bank of Commerce of Prosperity and Chapin would remain open on Thursday, Christmas Eve, from 4:00 to 6:00 and on Thursday, New Year’s Eve during the same hours. Bank of Commerce officials have decided that this would place an undue burden upon its employees, and Jake Bowers, manager, wishes to advise the public that the bank will be open only during normal hours on those days. The bank will be closed on Christmas Day and New Year’s Day. Bankers Trust will observe the same hours. South Carolina National Bank, however, will be open December 24th and December 31st from 4 until 6 p.m. HAPPY HOLIDAYS Once again the time has come to wish our friends the happiest of holiday seasons. We appre ciate your kindnesses to us dur ing the past year and your pa tience, which may have worn a little thin at times as the pro cess of moving to a new lo cation slowed the assembly line. Not only do we wish you a happy Christmas, but so do your many friends with whom you do business throughout the year. We hope you will enjoy this Christmas issue of The Sun. We hope that you will take time out to read each greeting care fully, for all were chosen to express appreciation to custo mers, employees and friends. From Frank, Agnes, Mrs. Armfield, Doris, Steve, Teala, Martin and Biff: Merry Christ mas and Happy New Year! NOTICE! -A- PENALTY will bi aMei to all onpail 1970 city taxes oi JANUARY 2MI 1971 Uapaii city taxes for 1969 will go into execution on Jannary 2nd, 1971.