Newspapers / The Chowan Herald (Edenton, … / Feb. 4, 1954, edition 1 / Page 12
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SECTION TWO—] SECTION TWO —rage r our _ S3O Billions A Year Now Going to People’s Security Cushion; Voluntary Plans In Lead The American people’s annual in vestment in their personal and family 1 security cushion, built up over the years to help protect their incomes : •md their economic value as workers « and producers, has been showing an • accelerated growth recently and is now at new high levels. Figures compiled from Government, and private sources show that approxi mately $27 billions of the nation’s in come in 10a2 was put into four basic mediums of individual and family pm- 1 tection. These are life insurance and 'annuities:'- pension and retirement funds including Social Security; ad .'dijiope to long-term individual sf>v-1 mss in hanks and savings and loan association and in- F. S. Savings Bonds; and protaction plans (predomi nantlv privately-sponsored) for meet ing the. costs-of medical cave and loss of income resulting from sickness and accident. Long-Range Objective Whiie.providing large annual. boner- I'its, as in the case of life insurance ,->• accident and health protection. ( ' these' '•programs iui- iir.inia.rily long range in nature and are . designed to , help meet ... the economic looses of ■death and disability and to provide , retirement years. The 10-".2 figure,for personal securi ty provisions, the most recent com plete data • available; represented an increase of over $5 billions from the year before, the largest annual gain since , the early Forties. Preliminary estimates for 1953 indicate that the aggregate stem going into the personal. security cushion, in the above me diums increased by seevral billions i more to cross the S3O billion mark. This now gain puts the total well . above the previous record of approxi mately S2B billions set aside for in dividual and family protection in tho v-artir.te year of 1044. The latter rec ord. in contrast with the present one. was established under abnormal con ditions of widespread shortages of goods and services combined With pa triotic incentive to divert money out , of the spending stream into savings. , Tribute to Individual Initiative More than $4 out of every $5 of tho ( funds going .for personal security are , l'ping allotted on a voluntary basis In 1952, for example, this proportion • was 88 per cent of the total in the | above four rhodiums. This is a strik- " ing example-, of what individual initia- ; tive and decision can accomplish in providing for the corf mgcncies •>nd. vicissitude.- n f l‘s-. end P the tm>r-- significant, in view of the emphasis on Government-sponsored security pro-; grams over the last' two decades. fly far the great- r part ~f cost 1 of. personal secilrify programs is horpe • by the individual and family purse in a rev gnitien a 'v -rspn’s traditional i obligation to. ■■nrov'.io •'••!• himself and i IV d, , iid.cn' -■ '■> tlie full, • extent of a wf/ch'he is i'anable. [employers, how ever; are making large :u-d :ncr> s- - ing c-atribufions to insurance, retire ment and other Security plans set tin for the benefit of their workers. Much 1 of this i< the result, of bargaining y and negotiation with employees, in contrast . with the compulsory aspect and use of the taxing poW'-r in the I' Social Security System and other Gov- a emment-sponsored welfare programs, i ■ NO S IK Thru Bus Service via Eastern |||||| Shore Route through Cooperation |pt§ Elizabeth city of Norfolk-Southern Bus Corporation ||||| Leave Edenton 3:55 P.M. 8:35 P.M. ||||| U Leave Eliz. City 4:50 P. M. 9:30 P. M. |l|| EDEWON Arrive Norfolk 6:20 P. M. 10:55 P. M. |jj| Arrive Phila. 2:55 A. M. 7:15 A. M. |||;||| LJ Arrive New York 5:30 A. M. 9:30 A. M. |l|| WIUIAMSTOM TWO ADDITIONAL DEPARTURES DAILY WITH BUS CHANGE j|| WASH ,NCTON. HJC. ONLY AT NORFOLK TERMINAL i For LOW FARES and f. RETURN SCHEDULES call: M WUMWWTOW. H. C .BUS TERMINAL 322 Broatf Street Phone 186 , ■ ———■§ Page Four Life Insurance Leading Medium The biggest single element in the people’s security cushion is life in surance, a position it has occupied consistent!v over the years. It is like wise the only thrift medium that has ..-row'll steadily with all the ups and downs of the economy as far hack as records are available. Life insurance end annul tv premiums of the hfe in surance companies added up to some * s pinions in 1952. and alone amount ed to nearlv a third of all the funds that- went for personal protection in that year. Life insurance is now own ed bv 90 millionpolicyholders and P.i'o . - pon,'Tits of move than $4 bil lion, a year. The total protection m force now exceeds $3.00 Pillions. These | figures are exclusive' of Government life insurance and savings bank life insurance. , Tension and retirement ,dans and accident and sickness protection have ... sp.vt'aeuhfrlv oyer recent year.. More than $T billions was voluntarily into such plans in 1952 by em ployers. employees and individuals, exclusive is more than triple the com parable: figulV a decade ago. Life in surance companies have played a ma jor role in the growth and public, ac • of these programs. The Social. Security System, which was established by Federal legisla tion in. the middle Thirties, has like wise grown . rapidly in both its re ceints ami in coverage. Employers and employees together paid $3.8 billons into the Old Age and Survivors’ Fund in 1952. and this amount has gone up ! further since. Hfiws About Chibs in Chowan County By MRS IMOGENE COCHRANE Home Demonstration Agent Milk can make a difference in the way you ’ook and feel. Did you get your quart of milk yesterday —or the day before? If you have gone with out it too often, you may not be as ■ well otf as you think. Everybody—] young and old—-would do well to get a quart of milk every day. Adults can get along on a pint if they make sure nut skimp on any of the other foods needed. In addition to milk, you need five servings of fruits and vegetables, two servings of protein food (meat, eggs, .fish or poultry) bread and but ter or some other Vitamin A fat. Let’s see what is in milk that makes if such an important food for ev lybndy. It is a good protein food a.,;,l ,-on.ta'tis many minerals anil vita min-. Hut-the tvo food values milk is richest in are the. mineral, calcium' and tlie 1! Vitamin called rihoilavin. Not only, is milk rich in these, two i’V.pd v : .ha-s. but it is almost im[>os ;., get enough each day unless r bale some milk in your diet.. Here are tile amounts of some foods j you would have to eat to get the same! amount ofi calcium' :is you get from] ,ii,• quart of milk" fill pounds cab baged 27 pounds potatoes, 28 oranges, | 39 eggs, or 7‘i pounds of carrots.] Those foods air tho richest f-uit. THE CHOWAN HERALD. EDENTON, N. C., THURSDAY,_FEBRUARY_4^I9S4^ 1| OUR DEMOCRACY byM* j PRIDE Mhc HOME TOWN What with the advances in transportation, we have FAR GREATER. OPPORTUNITY THAN OUR FATHERS EVER HAP TO KNOW THE SCOPE ANP VARIETY OF OUR. COUNTRY. IT BUT with ALL OUR BROADENING PERSPECTIVE, owf/iss ] ANY GROUP OF CITIZENS AMO VOULL FIND THAT LOYALTY TO THE HOME TOWN RUNS AS STRONG AS EVER. \ —.e.ui m . J..; j 1- -^EKVBCE 1 Pride in making the home town a better place to live in a ; ISAN ESSENTIAL ATTRIBUTE OF GOOD CITIZENSHIP. The way to implement it is to take an interest in LOCAL GOVERNMENT, AND TO SUPPORT SUCH LOCAL ENTERPRISES AS THE COMMUNITY CHEST, THE HOSPITAL, THE schools, the churches. The STRENGTH OF ITS COMMUNITIES IS THE STRENGTH OF OUR. DEMOCRACY. I ~~~ . __ :\ _ _ vegetable and animal sources of cal ] cium. It is important to remember ■ that although these foods are not very, ? • rich in calcium, they are valuable in 1 the diet for other reasons. They are ’ rich iri other food values in which milk is low. No one food will meet Mall of your needs. It takes variety. ■] Vhv is <mlcium so important? Be '.-j cause it builds strong bones, teeth and , 1 •': needed bv all. cells of the body. ' You hear grown-ups say, “But my ; teeth and, bond. are already built— I -.1,. rip 1 reed calcium ?" Th answer ’ is, Your bbdv uses calcium every day • do regulate the heart heat, to make ■ the blood ,4c,t whe" vnu out yoiir. fing ,-•• so .make the fluid which bathes : Hr,-1 muscles and. nerves to help you • -oyersome fatigue: and to help rebuild | cell - jn vour hah", nails and other : . part's of the body 'that are wearing : cut every minute. H vpu lon’t eat enough calcium rich foods each day. 1 you” body' take, scorn your bones enough c-ilc'em to carry on its tv. ck. If this haupens to-', often.. hone rum- demineralized and get soft or 1 brittle ami break or bend on „.ilv I’-- 4 . i tors say many of the easily broken 1 . | linft.es, stooned shoulders and■ .ofheri signs of old age: are due to not eating | the right foods—and most often milk * for long periods of time, < j Tlie. otbl-r food value milk is richest in is robiflavin —,ono quart of milk < • will more than meet your day’s needs < for this B vitamin. Let’s see iviiu. i 111 ull > I » \ l UIIIIIII. Ijtrt > r't-e* n iiui .t ( wn. .-.m ». . SOOO V . ' ' k 23.25 % or. i . ! BLENDED WHISKEY. 86 proof. grain neutral spirits. Frankfort Distillers Corp., N.Y.C. quantity of other foods you would have to eat to give you the same .amount of riboflavin as one quart of milk: 3G ounces of liver, 12 large eggs, 1 1 4 pounds dried beans, 2 1-3 pounds beef, 14 ounces cheese, or 1 1-3 pounds leafy greens. These foods also ! my, valuable for other reasons, even though they may not contain as much ! r : bpPavin' as riiilk. Riboflavine, or' Vitamin B 2 promotes health by help- : ing body cells use oxygen. It is espe cially helpful in keeping the hair and skin healthy and prolonging the active span of life. This is called the keep young vitamin. Surely these are rea sons enough why adults as well as children need milk. “Milk” will he the subject at the Home Demonstration Club meetings for the month of February. These meetings will be held at night and will be joint meetings with the men vv > n of each community attend ing. The Home Agent and County Agent.. Will, bring information on milk and its importance in our daily 1 diet. Cheek the schedule each week and plan to attend this meeting when it is held in your community. Schedule Thursday, February T. 7 P. M. Center Hill joint .meeting. Covered dish supper at the Community Center. Monday, February 8. 7:30 P. M.— Chowan joint meeting at Cross Roads Community Building. Wednesday. February 10. h. 30 P. M. I—Covered dish supper at the Gliden ' Community Building, j Thursday, February 11, 7 P. M.— •Covered dish supper at Rocky Hock Central School. CATHOLIC SHt VICES Every Sunday (except first Sunday of ovei.v month, when first Mass is in Palace Theatre, Windsor, at 8 A. M. j, the Most Holy Sacrifice of the Mass is celebrated at 8 and 11 A. M., each including sermon, Holy Commun ion, followed by Rosary in honor of Mary, Help of Christians, and for the amver ion < f all non-Catholics, Sun day School, with Confessions for half hour before Services, in St. Anns Aitholie Church. Fdenton, stated Fath er Francis J. McCourt, pastor, who in vites everybody to ail services and to the Information Forum held in the vetory library every Wednesday 7:30 P. M.,"to 8:.30’ followed by choir prac . ice to 9:15 in church. -Week-days in eluding every firs, Friday and first Saturday of the month at 7 A. M., Mass. Communion, Rosary. \ GOTTON QUIZ j Plow DOES COTTON HELP BANKS take care of MONEY ? I j COTTON DUCK IS USED TO MAKE THE BANKS' money SACKS BECAUSE THE MATER IAL IS STRONG AND DURABLE. L __ —J DON’T MISS EXCITING MYSTERY STORY How a bottle of ink spoiled an al most-perfect crime is told in an ex alting true mystery story by Alan ] Hynd, popular author. Look for this absorbing feature in the February 14 issue of THE AMERICAN WEEKLY Magazine In Colorgravure With The BALTIMORE SUNDAY AMERICAN Order From Your Local Newsdealer HAVE VOO THE junißms MISERY? here's wonderful news! Hospital tests prove Musterole gives high speed long-lasting relief from pains of arthritis misery. Also greater ease In moving. Highly medicated. Concentrated. You can feel It work to bring fast relief! MUSTEROLE 1 m s W j|B|t fe Wm A&y (l wL /W / /n / | i 1 -lb. Strietmann M a CHOCOLATE DROP M H COOKIES P I pkg. 49c c 1 TALI, PET * I MILK | 4 cans 55c t ,; crackeC* ( }l isJ. 27c ri UPTON’S ONION li SOUP k !i mm 1 .< i 10c Coupon Kraft Cheese FREE wri WfSmßM i I Betty Crocker Devil B° x FocdMix 33c i/ 2 Can’s Royal Dish Can Tuna fish 25c .- SPECIAL— Monday, February 8 Small Instant Coffee Maxwell House 55c SPECIAL —Tuesday, February 9 Toilet Tissue Scott’s, roll __ _ -10 c SPECIAL— Wednesday, Feb. 1* Armour’s Star Franks, lb ft
The Chowan Herald (Edenton, N.C.)
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Feb. 4, 1954, edition 1
12
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