Newspaper Page Text
COTTON
Vol. CXVII, No. 129.
Flection Nears
Five Aspirants For
Governorship Begin
Final Speech Tours
By The Associated Press
Gov. Herman Talmadge thun
dered anew yesterday his pledge
scainst “mixing of the races in
Georgia schools and colleges.” But
former Gov. M. E. Thompson de-
Jared Talmadge won’t have much
to say sbout it—that the people
re going to turn out his “waste
il, extravagant, spend-thrift ad
ministration.”
With the June 28 primary just
two and & half weeks away, the
candidates shouted new charges
n big weekend rallies—Talmadge
t Dublin and Thompson at Cov=
ington. |
Warns Parents |
Talmadge warned “every moth
er and father in Georgia, every
public official, every school teach
er and every boy and girl” that
thls week’s Supreme Court de
islons endangered racial segrega
ton.
“My opposition cannot be trust
ed to keep Georgia schools and
olleges separate and preserve the
ounty wunit system because of
sheir long record of association
with the FEPC, anti-segregation,
pro-civil rights crowd,” shouted
he Governor,
Thompson said his whirlwind,
whistle stop campaign of about
130 speeches so far has brought
him face-to-face with 150,000
Georgians, “I believe they share
with me a faith that Georgia can
and will beat the politicians that
have conspired against our state,”
4e vowed.
“It is not the farm boy and
school teacher you will be voting
for, It 18 freedom you will be vot
ing for. It Is honest elections you
will be voting for. It is the future
»f yourgelves and your children
and”of Georgia you will be voting
for,
Both candidates, meanwhile, an
nounced a full campaign schedule
next week as the bitter campaign
heads down the home stretch.
Thompson's 17-speech tour starts
in Loganville Monday and swings
through northeastern and Middle
Georgia t% wind up Saturday in
Dublin, nhne‘('!ro, with nine
rallies—-hls heaviest campaigning
so far—tees off in Marietta Tues
day, skifis over the state and closes
the week in Moultrie.
Other Campaigners
Another eampaigner for the
seat, C. O, (Fat) Baker, opens
the week in Monroe Monday and
closes in Albany Saturday. Pat
Avery of Rome and Mrs. Jessie
W. Jenking of Columbus are the
other candidates, =
Talmadfi: referred to warnings
by hig father, the late, fiery Eu
gene Talmadge, ten years ago on
the racial question. “The Atlanta
papers at that time called them a
‘red herring’ and denied that the
rising threats to our way of life
were issues,” he said.
“In 19468 when the activities of
these radical groups were more
evident, they again sought to min
imize the danger, but the people
saw it then and would not be fool
ed. Today these same papers are
singing the same song with the
sama tune.”
Thompson reviewed his career
for his Bovington rally, describing
his ‘early life as a “plow boy,”
struggling student and teacher. He
said he was proud that his ad
ministration provided the same
services ag Talmadge for $27,000,~
000 & year less in taxes.
Jamboree Scouts
0f Athens Named
Selection of Athens Boy Scouts
to attend the Second National
Jamboree at Valley Forge, Penna.,
this summer for a two-week camp
has been made, V
The boys are Wayne Story, Bob
Terry, {Srry Nicfiglson, Billy
Styron, Roger Landrum, Frank
Dudley, jr., Jimmy Hubert, James
Shackelford, and Marshall Smith.
They will be accompanied by Bud
Embry, leader. ik
Spending two weeks on the trip,
the Scouts will stay in Washing
ton, D. C,, for two days and will
camp the remainder of the time
at Valley Forge.
They will leave on June 24 on a
special All-Scout train. The Ath
ens boys will be among the 49
Scouts and leaders attending from
the Northeast Georgia Council.
Watkinsville Man
Is Named Editor
R. B. Robbins, Watkinsville, has
been named editor of the Georgia
Pharmaeist, quarterly Fublication
of '»h? University of Georgia
School of Pharmacy, for the next
year. The magazine is distributed
to alumni and druggists through-
Olg the state.
erving on the editorial g:.tf
with Ro 81111 will be Bill Q-
Xdenson, ommorcAe; C. R, Ivey,
sviacon ecea ms, Green
wood, f‘%; and % A, g)opor,
Athens,
_ Other sta?f members are N& .
Belcher, Quitman and Creed Tay
lor, Atlanta, advertising; } i
Su{ton. thens, busin R
Sm ?nluh; H..g Sutton,
Ow‘ o o Bhrod %‘i‘x‘mfi""
2% . P leon, Alma, alumn
ATHENS BANNER-HERALD
Associated Press Service
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CONGRESSMAN SAVES FOR HIS BABY
Rep. John Bell Williams of Mississippi seems over
whelmed at his desk in Washington as he displays pen
nies he has saved for his baby expected to be born in
August. Six weeks ago Congressman Williams decided
to put away one cent every time he signed his name at
work. He signs dozens and dozens of letters every day—
and so the pile of pennies is growing rapidly, The baby
will be)the first for Rep. and Mrs, Williams.— (AP Wire
photo.
Communist Aggression
Blasted By President
BY ERNEST B. VACCARO ¢
ST. LOUIS, June 10.— (AP) —President Truman blasted
Soviet Russia today for talking peace while “preparing for
war” in his most devastating attack on Communist aggres
sion since the outbreak of the cold war-
* * *x
Annual Meetin g
Of Red Cross
Set For June 22
The annual meeting of Athens
Chapter, American Red Cross
will be held June 22 at 10 a. m.
in Chapter Headquarters, 894
Oconee Street.
“fi% for the coming year
will be elected. All directors are
requested to be present. The
meeting is open to all Red
Cross members.
XiNR x
Sorrells Rises
Are Set Today
Funeral services for Mrs. John
C. Sorrells, 65, a resident of
Athens for the past 31 years, will
be held this afternoon at 3:30 in
the First Presbytreian Church
with Dr. Harmon B. Ramsey, pas
tor, and Dr. E. L. Hill, pastor
emeritus, officiating.
Interment will be in Daniels
ville cemetery. Bridges Funeral
Home ig in charge of arrange
ments. ; P
Mrs. Sorrells, a native of Madi
son county, resided in Athens for
the past 31 years, and had a large
circle of friends. She was a mem=-
ber of the Danielsville Presbyte
rian Church, a devoted mother
and wife, and a charming hostess.
After an illness of three
months, Mrs. Sorrell died in a
Sorrells, Indianapolis, Ind.; one
local hospital Friday afternoon.
She formerly resided at 487 Ruth
street.
Pall-bearers will be M. L. Car
ithers, T. K. Crawford, O. C. Dil
lard, Howard Bradley, Robert S.
Marbut and Jack Maguire.
Survivors are: husband, John C.
Sorrells, Athens; four daughters,
Mrs. Claude H. Phillips, Savannah,
Mrs. Charles Albert and Mrs. C.
O. Turner, of Athens, Miss Sarah
Sorrells, Indianapolis, Ond.; one
son, Carlton Sorrells, Orlando,
Fla.; three sisters, Mrs. Callie
Moon, Mrs. R. C. Burton, Mrs, H.
H. Beatenbough, all of Athens;
four brothers, J. O. Hix, Athens,
Homer J. Hix, Monroe, W. F. Hix,
Conéer, George Hix, Kannapolis,
N L &
Mrs. Vandenberg
Services Monday
WASHINGTON, June 10—(AP)
—Funeral services for Mrs. Arthur
Vandenberg will be held here
Monday. The wife of the Michi
gan Republican senator died early
today.
The Rev. Frederick Brown Har
ris, chaplain of the Senate, will
conduct the rites (4:30 p. m. EST)
at Foundry Methodist Church. In
terment services will be held later
at Lindenwood Cemetery, Fort
Wayne, Ind.
Mrs. Vandenberg, 87, underwent
two major operations three years
afo and since then has had a series
of serious illnesses. Senator Van
denberg and his three children
were with her when shgvgied- at
their apartment in the Wardman
Park Hotel.
BEAUTY QUEEN
ATLANTIC CITY, N. J., June
10—(AP)—S8ue Carol Walker, 20~
year-old Atlanta, Ga,, dancing in
structor, today was named win
ner of the “Misg National Press
Photograqher” beauty contest.
The Dblue-eyed brunette was
dtm{';n gom a fleld ofotlg;:triu
al e 4 ‘Na=
tion Pflag:kghm'graphen Afio—
ciation fifth annual convention.
Speaking from an improvised
stand, overlooking the Mississippi
riverfront, to thousands standing
in a blazing sun, he hurled this
blunt indictment at the Russians:
“With a cynical disregard for
the hopes of mankind, the lead
ers of the Soviet Union have talk
ed of democracy—but have set up
dictatorships.
“They have proclaimed national
independence — but imposed nat
ional slavery.
‘““They have preached peace—but
devoted their energies to fc;;‘n:rtxt
.w‘r. win g Fa 3
And he condemned the Soviet
Union for maintaining history's
“largest peacetime army.”
- Charges Pinpointed
Mr. Trumam pinpointed his
charges by 13 specific references
to Russia or its rulers.
A crowd estimated by Police
Captain James F. Thompson at
more than 35,000 gathered to hear
the Chief Executive denounce
Russia’s leadership as “an obsta
cle to peace.”
The President was cheered as
he began his address and when he
concluded it, but his grim words
were heard for the most part with
attentive silence, Putting aside the
usual language of diplomacy, he
spoke bitterly and bluntly.
* Guests on the bunting-draped
platform with Mr. Truman includ
ed Defense Secretary Johnson and
French Ambassador Henri Bonnet.
_The President departed for
Washington at 4:28 p. m. (EST) in
his private plane,
The major foreign policy pro
nouncement was televised _and
carried over all the major radio
networks at home. And the State
Departments “Voice of America”
moved it all over thesworld in 24
languages,
The President’s speech conclud
ed a round of fun and meetings
with old comrades of Battery D,
129th Field Artillery, at their
35th Division reunion.
Elks Flag Day
Exercises Today
Annual Flag Day exercises will
be held by Athens Elks Club this
afternoon at 3 o’clock, announced
Hillyer C. King, sr., exalted ruler.
The public is invited to attend
the commeration ceremony for
the flag of the United States. Ex~
ercises will take place in the lodge
room, of the Elks Home at 1260
South Milledge avenue.
The Flag Day address will be
brought by Col. F. W. Whitney.
Flag Day is Wednesday, June 14,
but the Elks are holding the ex
ercises several days early-—on
Sunday—so that more Athenians
may atfend.
Athenian Wins
High Art Award
Six University of Georgia art
students have been presented
Shorter Awards in recognition of
outstanding work. The awards
were presented by Edward S.
Shorter, Columbus.
Prize-winners. sre Evelyn Barn
well, Roma, “oil painting; Frances
Hamilton, Qandersville, advertis~
i;;i design; Nan Stanley, Savan
, sculpture; Charles William
son, Atlanta, watercolor; Joseph
Perrin, Athens, general excellence
for undergaduate work; and Roy
Medders, Fayetteville, N. C,, ex
cellence in graduate work.
SELL TROLLEYS
WASHINGTON, June 10--(AP)
—Georgia Power Co., of Atlanta,
yesterda‘y; notified the Securities
and Exchange Commission that itl
as made an, agree sell con-,
f;:’,‘t.j" its tranfit%&flgfm‘
SERVING ATHENS AND NORTHEAST GEORGIA OVER A CENTURY
ATHENS, GCA., SUNDAY, JUNE 11, 1950.
Firemen Quench
Threatening Fire
What could have been a devas=
tating fire was extinguished in its
infancy here yesterday afternoon
by alert Athens firemen,
Three 5-gallon cans of gasoline,
which had been drained from an
automobile caught fire, and imme=
diatéely lengthy blazes shot up.
Firemen smothered the fire with
the use of fressureized water from
a fog nozzle, thus eliminating the
danger of spilling the blazing gas
—and causing a large conflagra
tion—by use of a regular stream
of water,
Ne damage resulted fromr the
blaze at Thompson’s Radiator
Shop, located in the basement of
Elrod's Grocery Store on Thomas
street. Before firemen could make
their way to the blaze the car had
to be pulled from the shop by an
other vehicle, The fire was appar=
ently started from a spark of a
faulty drop cord, firemen report
ed.
Firemen also quenched an auto
mobile fire on Washington street
yesterday afternoon. Only a hole
was burned in the seat.
VATICAN APPOINTMENT
MASSANETTA SPRINGS, Va,
June 10—(AP)—The Presbyterian
Church, U. S., General Assembly,
agreed today to ask President Tru
man to forego the reappointment
of a representative to the Vatican,
Liberty Bell
Replica To
Be Shown Here
A replica of the Liberty Bell
will be shown in Athens on June
27 to spotlight sales in the U. S.
Savings Bonds Independence
Drive.
* The Liberty Bell will be given
the State of Georgia at the con
clusion of the drive on July 4,
and the bell that Athenians will
hear and see during its ap
pearance, is exactly like the ori
ginal Liberty Bell, even {5 iis
tone.
Bob Watterson, Athens, is
chairman of the Tenth District
Volunteer Savings Bonds com
mittee. The 52 replicas of the
bell, property of the U. 8.
Treasury Depariment, are tour
ing the U. S, and appea in
over 2,500 communities,
state will receive a bell at
drive ending.
Stewards Of
First Methodist
Church Chosen
J. Smiley Wolfe was re-elected
chairman of the Board of Stew=-
ards, First Methodist Church, on
Friday night at which time mem
bers of the Board were selected.
Serving with Mr. Wolfe will be
J. C. Stiles, Board vice-chairman
and chairman of the finance com
mittee; Troutman Wilson, secre
tary; and M. G. Nicholson, treasur
er.
~ Dr. N. G. Slaughter- was chosen
as delegate to annual comnference
and Mr. Stiles was named alter
nate.
Members of the Board of Stew
ards are: George' M. Abney, sr.,
Horace E. Bell, W. S. Beckwith,
B. R. Bloodworth, jr., John P. Bon
durant, D. Weaver Bridges, 4. A.
Bruce, H. G. Callahan, sr,, C. A.
Carson, Howard T. Coggin, O. B.
Copeland, W. D. Crawford, Ernest
C. Crymes.
Carter W. Daniel, A. F. Darden,
W. W. Deßeaugrine, A. P. Farrar,
Clyde William Fitzgerald, C. A.
Fowler, S. A. Hale, A. G. Har
grove, H. A. Haygood, H. B. Hig
ginbotham, H. H. Hinton, Nelson
Hitcheock, sr., E. B. Hudson, Wil
liam E. Hudson, P. L. Huggins,
Robert S. Marbut, Ed B. Martin.
S. Walter Martin, Dr. W. H.
Matthews, R. H. Maupin, John E.
Mealor, M. G. Nicholson, Dr. J. K.
Patrick, J. W. Peterson, A. F.
Pledger, Roy T. Porter, C. M.
Ridlehuber, Hoyt Robertson, R. L.
Russell, Dr. E. S. Sell, Dr. N. G.
Slaughter, Dr. R. P. Stephens, J.
C. Stiles, George F. Strother, W. A.
Sutton, |
W. C. Thurmond, Clifford M.
Tuck, Durward Watson, E. P.
West, Judge H. H. West, Thomas
H. Whitehead, T. Ed Williams,
Troutman Wilson, Dr. R. C, Wil
son and J. Smiley olfe, jr.
Steward Emeritus is D. L. Earn
est,
Affiliate Stewards are George
Abney, jr., Nolan Richardson, jr.,
Mack Elrod, Clifford Park and
Frank MecGill.
Holly Heights
Revival Closes
A week-long revival being con
ducted by little Sandra Cox, child
evangelist of Macon, will end with
services tonight at the Holly
Heights Chapel. The revival start
ed last Monday night, June 5.
Many people here and in s%-
rounding counties remember 10-
year-old Sandra, who preached to
capacity crowds during revival
services here last fail. 1
Billy Shepherd will be at the
piano at tonight’s service, and
Ralpn Herring will lead the con
gregation in singing old time songs.
;’filgd;eviva'l Eer\vricefls‘ are inter
denomina : ,she public,is
gregation in sgx'gfi old ‘time Gos
pel songs.
Business Boom To Continue;
Inflation Chance Discounted
“FAR EAST” TO BE SUBJECT
OF DAV CONVENTION SPEECH
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GENERAL CHASE
. + . Confab Speaker
SCHOOLS HERE
PLAN SUMMER
SESSION WORK
Summer school for both Athens
city schools and the University of
Georgia will open here next week.
A six-weeks surnmer school will
be conducted by ¢ity schools, start~
ing Monday and continuing
through Friday, July 21, to give
conditioned students opportunity
o _remove myfimnditions and to
give other students so desiring op~
portunity to strengthen their pre
paration for the next grade.
Children from the first grade
through high school may attend
the summer course, City School
Superintendent Fred Ayers said
yestt;rday in making the announce
ment.
120 Hours In Class
Pupils will attend classes for
four hours a day, 8 o’clock until
12 noon, five days a week, giving
each student attending 120 hours
of classroom work for the six
weeks. '
Pupils in grade one through eight
will report to Junior High School
Monday morning at 8 o’clock, and
high school students will report
;o the high school at the same
our,
In the first eight grades empha~-
sis will be placed on fundamentals,
reading, writing, arithmetie, and
English, and pupils registering n
these grades must attend the full
four-hour schedules. In the high
school only make-up work will be
offered, this work to be limited to
the fields of English, mathematics,
and social science, including his
tory and civics.
-~ Belf-Supporting £
The summer school must be self
supporting, Superintendent Ayers
said. A fee of $15.00 per pupil
will be charged for the six weeks
in grades one through eight and
SIO.OO per course will be charged
for high school students.
Registration for the University
summer school will be held next
Wednesday, June 14, and classes
will begin on Thursdzy.
Many teachers from Georgia
schools are expected to attend
sumemer school for further grad
uate work.
A series of special conferences
and workshops has been arranged
for the College of Education, it
was announced yesterday.
Summer school at the University
will be divided into two sessions,
one to last through June and July
and the other to be held in the
month of August.
CLAIM DISPUTED
MACON, Ga., June 10—(AP)—
Macon labor leaders yesterday,
vigorously disputed a claim made
by an Atlanta AFL leader Thurs
day that Georgla workers are sup
porting Gov. Herman Talmadge for
ATHENS AND VICINITY
Mostly fair with afternoon
temperature 88, Sun rises 5:21
and sets 7:44.
GE ORGIA — Consider
able cloudiness, warm and hu
mid with scattered thunder
showers ir north portion Sun
day and widely scattered thun
dershowers in south portion
Sunday afternoon,
TEMPERATURE
SNt o it B
o S i
BN Ll e e w 3
WO cae TR
RAINFALL
Inches last 24 hours .. ... .08
Total since June 1 .. .. .. 2.63
Excess since June 1 ... .. ;gg
Average June rainfall .. .. 4.03
Total fineelln?xif‘y‘ 15 STR oy
Deficit since January 1 .. 5.74
BY GEORGE ABNEY, JR.
Plans are nearing comple
tion for the three-day state
convention of Disabled Am
erican Veterans which be
gins here Friday. @
- Major General William C, Chase,
chief of staff, Third Army, Fort
McPherson, Ga., has been an
nounced as a speaker by W. W,
PDeßeaugrine, convention chair=
man. Ben T, Huiet, Georgia’s Com=
missioner of Labor, has been pre
viously announced to speak.
Mr. Deßeaugrine said yesterday
that Cicero F. Hogan, national di~
rector of claims for the DAV, will
represent the national headquar
ters at the convention, which will
be held at the V. F, W. Home on
Sunset Drive.
_ - Long Service ol
A native of Providence, Rhode
Island, General Chase graduated
from Brown University and later
joined the Army as a private, He
served in various posts throughout
the United States and foreign
countries, continuously rising in
rank.
Besides serving in World War I,
General Chase was an cutstanding
commander in the Pacific area
during World War 11. Following
the last war he remained with the
Ist Cavalry Division in the oc
cupation of Tokyo until February,
1949 when he assumed his present
position. His speech subject will
be “The Situation In the Far East.”
Mr. Hogan is a native of Port
land, Oregon, and received a law
degree from the University of Ore
gon, He advanced to the rank of
captain in the Army before re
signing from the service several
years after World War I.
Following this he entered pri
yate law praetice and later became
‘a DAV full-time officer:
30th Annual Meet
The 30th annual convention of
ficially opens here Friday morning
with registration; however, an ex
ecutive board meeting is scheduled
for Thursday. night.
The first session will be a joint
meeting of the DAV and Auxiliary.
DAV state commander is L. L.
Hargrove, Atlanta, and Mrs. W,
H. Garner, Augusta, heads the
Auxiliary.
A memorial service is planned
during the joint meeting.
The convention is expected to
be the largest in history with an
anticipated attendance of over 300
delegates, representing 25 chap
ters.
This is the second time in history
that Athens has been chosen con
vention site. On the three-day pro
gram there are business sessions
and socials. Also there will be an
initiation of the Imperial Order of
Trench Rats, fun order of the
DAV. O
Resolutions will be adopted for
consideration at the national con
vention in San Francisco, August
13-19. New state officers will be
elected on Sunday.
Anti-Red Fifth
Column Sighted
ROME, June 10—(AP)—The in
formation service of the Italian
Catholic Action reported today
an anti-Communist fifth column is
operating in Soviet Russia and in
satellite countries. 4 g
The column, it said, includes
war prisoners escaped from con
centration camps ,former German
offic’ers “and many Baltie patri
ots.”
The information service said that
one major group is in the Kursk
area, another in the Minsk and
Brest-Litovsk area, and a third—
more important politically—in the
Carpathian mountains, said to be
uniting resistance efforts of East<
ern European peoples.
MARINE KILLED
GEORGETOWN, Del., Juxe 10—
(AP)—A Marine Corps veteran,
Granville W. Brittingham, was
killed by a rifle bullet here today,
and State Police reported two
young daughters of an ex-Wac
told them their mother fired the
fatal shot on a dare,
. -
Soviet Jet Fighters Buzz
American Passenger Plane
BERLIN, June 10.—(AP)-—Soviet jet fighters buzzed an Amer
fcan Air Force passenger plane close to the American Tempelhof
airbase in Berlin today.
Buzzing incidenis are not unusual, a U. 8. Air Force spokesman
said, but this time “they were a litile too close to Tempelhof,
which is against rules for flying safety.”
He expressed doubt that a formal protest would be made to the
Russians. They haven’t paid any attention to protests in the past,
he said.
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CICERO F. HOGAN
« . . National Representative
Porfer Services
ToßeHeld
This Affernoon
James R. Porter, widely known
Bishop citizen, who observed his
100th birthday on January 1, this
year, died in a local hospital Sat
urday morning at 1:10 o’clock. Mr,
Porter had been ill for the past
vreek.
Services are to be conducted
Sunday afternoon at 8 o’clock
from the Christian church in
Bishop with the pastor, Rev. W.
Grady Ferguson, and Rev, James
F.-Griffin, pastor of Bishop Meth~
odist Church, officiating.
Burial will followin Bishop
cemetery, Bridges Funeral Home
in charge of arrangements. Pall
bearers will be sons of Mr. Porter,
H. L. Porter, P. M. Porter, J. C.
Porter, W. T. Porter, B. F. Porter
and C. E. Porter.
Mr. Porter is survived by the
above six sons, and three others,
S. B. Porter, J. F. Porter and A.
E. Porter, all of Bishop; two dau
ghters, Mrs. Will Unbach, Detroit,
Mich., and Mrs. W. T. Hawkins,
Bay Minette, Ala; fifteen grand
children and three greatgrand
children.
The body will lie in state in the
church for one hour preceding the
services,
Full Life
Mr. Porter was born January
1, 1850, in Greene county, Ga. As
a young man he moved to Ogle
thorpe county, where he was a
clerk in the store at A. T. Bright
well & Sons at Maxeys for niine
yoarg, . s % :
In 1985 he bought a farm and
married Miss Susie Bailey, daugh
ter of Samuel Bailey and Katie
T. Bailey. He was widely known
as a farmer and grew and har
vested eighty-five crops in his
life.
On January 1 this year, Mr,
Porter celebrated his 10%}1 birth
day with his entire family gather
ed in the old family home. The
day was a significant one, and
friends and relatives ealled
throughout the day to offer con
gratulations and best wishes.
Until his health began failing
two months ago, “Ar. Porter wore
his years with a verve that would
have done credit to a person many
years his junior. He held a keen
interest in life and kept abreast
of the times, Only last fall he was
one of the most interested specta
tors attending the Athens Agricul
tural Fair here with members of
M famlly, <= o
Flies At 96
Until he was ninety-six years
old, Mr. Porter flew to Miami,
Fla., each winter over a period of
years, making twenty-seven such
trips by air before officials of the
airline found out his age and re
fused to accept him any more as
an air passenger. L :
He was a person of great wit and
sageness and was possessed 'of a
most generous nature. He will be
greatly missed in his home com
munity, where he was in truth a
valued institution, and alse in
Athens where he had a legion of
friends and admirers.
HOME
EDITION
Economists Say ,
Prosperity Here
At Least 6 Months
By STERLING F. GREEN ~
WASHINGTON, June 10—(AP)
—Rising retail prices will go still
higher, assembly lines this month
may set a peacetime record, busi
ness is thriving, and Washington'y
ecconomists wonder: Can this last?
The experts agree there is vast,
proven stréngth underlying to~
day’s economy, and room for great
er growth. Another six months of
prosperity is taken for granted.
There are 2,778,000 more jobs
than three months ago, and 1,627,
000 fewer jobless men. Profits are
higher than last year's. Stocks are
flirting with a four-year record.
Even the federal deficit is dim
inishing.
The chance of a searing infla
tion is discounted too. But ten=
sions have developed in at least
four fields which officials eye with
apprehension. The trouble poten
tials are: o
Prices: The cost of living, ereep
ing up since February apparently
will elimb sanew in June and July.
Food prices, meaning mainly meat
prices, lead the parade. Rent de
control, if Coniress votes it, would
add to the pocketbook strain.
Credit: Consumer eredit, mos{ly
the easy-payment kind, is moving
foward an all-time peak. At $lB,-
600,000,000 it is now almost a fifth
higher than a year ago. The lowest
40 percent of the nation’s families,
as an economie group, are out~
spending their income.
Steel and autos: Both are thriv~
ing. Thsi will be the first 7,000~
000-car year, auto men helieve.
Earnings and jobs will be hurt
when the procession of buyers di
minishes—as it seemingly must,
some day. Then the steel mills,
now running at 101 percent es
ca%migx'n winAfeel the slack.
uilding? homing boom ur~
paralleled since the '2os is dtlva
up prices of lumber, gypsum
other materials, Shortages and
“gray market” rumors have re
vived. The price of the end-pro
duet — new houses — may start
climbing again.
If the home buyer suddenly be
came fed up with costs and decided
to sit on his bank account, be
could collapse one of the biggest
props under the whole prosperity
structure. he ‘
That doesn’t look likely mnow.
May construction activity was the
greatest on record, $1,941,000,000.
Note that the problems are most-~
ly “ifs.” The visible, tangible evi
dences of prosperity exist on every
hand. >
The Federal Reserve Board sees
no bust just around the corner.
Its own index of industrial produe
tion—in terms of tons and earloads
and kilowatts, not dollars—may
this month match the all-peace
time record set in October-No
vember 1948, o
Even consumer credit, which the
Board wants power to contrel, is
not yet too heavy for an econoemy
which 1s producing goods and
services at a rate of $260,000-
000,000 a year, the board’s offi
cials believe.
They simply fear that one er
more of the great driving forces
mally run amock with serious re
sults.
Similarly, the staff of the House-
Senate Economic Scmmittee, which
hopes to get out its annual report
in a week or two, wonders wheth
er rising prices and a possible re
action against spending beyond in
come will suddenly put the brakes
on consumer buying.
Dr. Emerson P. Schmitd, chiet
economist of the United States
Chamber of Commerce, summed it
up this way in a report to the
Chamber’s members yesterday:
“All signs point toward favora
ble business arfi employment pros=
pects for the months ahead. Yet,
there is an old, well-established
principle to the effect: -
“A depression wuniversally ex
pected does not happen, and a
boom collapses when everyone
things it will eontinue indefinitely.
5 Athenians To
Graduate At Tech
Five Athenians will be amax
the graduating class of 1,650
Georgia Institute of Technology
on Grant Field, Atlanta, tomorrow
morr_li_ng. - i - it
i Addressing the elass, relatives
and friends will be General Lu
cius D. Clay, former military g—
ernor of the U. S. Zone in -
many and now chairman of the
board of the Continental Can
Company.
President Blake R. Van Leer
will preside and present the di
plomas.
Athenians graduating are: Al
onzo Merritt Burns, 350 Harris
St., Bachelor of Aeronautical En
gineering; Hugh Wakefield Fish~
er, Bachelor of Mechanical Engi
neering; Harold P. Seymour,
Bachelor of Electrical %
ing; LaFayette Miles N
Route % BbachTe‘l:‘))l“as lo'lf'l Science;
James Darby & MLI e
Jerrace, 215 '8 sty ”z