Naticnal Payroll Near 3 Billion;
Welfare Plan Costs Big Faetor
Testifying to its continuing
progress and fundamental
strength, the United States is on
the verge of establishing another
economic landamrk—a S3OO bil
lion annual payrolls.
Figures contained in the na
tional accounts as compiled by
the U. S. Department of Com
merce show that total compensa
tion of the nation’s jobholders on
both public and private payrolls
hi| a now high of more than
$297 billions in the third quarter
of this year on a seasonally ad
justed annual basis. The first
thftce quarters average out to i
s*■* billions as compared with;
under $273 brliions for all of J
Role of Welfare Plans
The third quarter figure con
sisted of $275 billions in direct
wage and salary payments, and j
an? additional sum ot more than
s_2 billions paid by employers as
Supplements for the benefit of
llrt'ir workers, primarily contri-!
billions to Social Security and
payments into private pension
aiju -retirement funds, group and
hwalth insurance programs, and I
other welfare plans. These fig- j
urcs are seasonally adjusted an
nual’ rates, and do not include!
th£ cash equivalent of a variety!
fcf; other fringe benefits enjoyed!
by she average jobholder today. |
Compensation of employees
ndw represents 70 cents of every'
dollar of the entire national in-;
rGfrne, and this proportion over]
thfc years, has shown a greater j
growth trend than that of the!
economy' as a whole. For ex-1
ample, the ratio was less thani
641 cents of the national income]
ddllar a decade ago in 1950, and,
back in 1929 it was little more]
than 53 cents
■Obviously payroll is the back-|
bone of the nation's purchasing)
power, and live principal source)
of the people’s spending and sav-.
ing records which have done so
much to bring the economy to its
present level. It must be recog
nized at the same time that pay
rot 1 is thy principal cost in pro
duction and distribution of goods
Seven 4 Croum
* 4/5 Qt.
SEAGRAM-DISTILLERS COMPANY, NEW YORK CITY. BLENDEC WHISKEY. 86 PROOF. 65% GUM HEOiRAL SPIRIT!
Are in the air ***9^^^
To drive with care! X j|
COLLINS SERVICE STATION
WHXIAM (Bill) COLLINS, Prop.
07 N. Oakum St Edenton, N. C.
Dominance of Private Sector
Two things stand out particu
larly in a breakdown of the pay
roll figures by composition and
origin. One is the predominate-,
ly free enterprise nature of our 1
economy despite tendencies to
ward increasing Government- 1
orientation for years. The pri-:
vate sector of the economy is ]
1 the source of more than 80 cents j
of every dollar of payroll, a'
proportion which has shown only j
minor changes in recent years. I
The other significant factor is
the expansion of the supplements ]
i provided by employers to help|
protect the nation’s jobholders;
against the economic impact of!
death, disability, unemployment,:
and retirement. Over the 1950-:
60 period, for example, these'
supplements to direct ware and!
salary payments have practical
ly tripled, from less than $8 bil
lions in 1950 to a current annual
rate of approximately $22 bil
lions, a rate of growth of about
twicie that of the entire payroll I
account and well over double j
that of national income in the!
An analysis of the sources of i
livelihood of the working popu
lation shows manufacturing far i
out in front in this resoect. In |
1959. for example, the payroll ac- ■
count in manufacturing added up ’
to just under $93 billions, three
quarters greater than in 1950.
Manufacturing has been the
source of about one-third of the
nation's payroll as far back as]
figures are available.
Trade and Government
The No. 2 source of payroll in!
most years has been wholesalel
and retail trade taken together. |
but it is now being challenged i
by Government (Federal, State 1
and local combined). In fact,
aggregate wages and salaries |
plus supplements paid by Gov
ernment last year added up to
just under 549 billions and was]
a few hundred millions higher
than the comparable s4B'2 bil-j
iion total for the trade classifi- i
ration. In this respect, the sea- ]
ture of the past decade has been |
the State and local government
THE CHOW Alt HERALD. EDENTON. NORTH CAROLINA, THURSDAY. DECEMBER 22. 1960.
Pictured above is a typical 5-year-old pine tree plantation av araging 10 feet in h.'ight. The N. C. Department of Conservation
and Development has 90,G0J,000 forest tree seedlings to distribute this winter. Applications for these trees can be secured from the
Staia Forester at Raleigh or from R. C. Soivey. Che wan County F orett Ranger: county agent's office or the local soil conservation
office. Prices for nir.e seedlings are £5.00 per I.COO. Fiank White. Jr., of Chowan County has a planting machine and will do
Ihe planting at a nominal price. Assistance for purchasing trees is available by anplymg at the ASC oftice at the rate of sl2 per
acre. Farmers are urged to take advantage of this great opportunity to "make money" from that un-used land and help make
Nor + h Carolina a more prosoerous and attractive state.
-** y i- - Hiiml™
i| ||||i|J v *l^4*s^
1 UsS jj§f Wm |l|R &~.ij|
afigUK v. - #% 1
. wjF*' ~ xj j >*£%•■ -.
BIKE FIGHT —Way up in the air, 4-year-old Richard Blake
manages an uneasy smile for the benefit of the photogra
pher and Jane Britnell, 6. The 75-year-old relic is mounted
outside a bicycle shop in Worcester Park. Surrey. England.
payroll account, which more than
doubled in the period and last
year topped that of the Federal
Government for the first time
j Taken together, manufacturing,
! trade and Government provided
68 cents of the nation’s payroll
dollar. The balance came from
a variety of industries and
trades, including services, con
| struction, transportation, and the
j classification of finance, insur
| ance and real estate.
But How About The Steak?
Diner: “I've been waiting half
an hour for that steak.”
Waiter: “Yes, sir, I know you
have. If everyone was as pati-
I ent as you, this would be a
| better world."
By Ted Ktsting
Failure to retrieve a fallen' S
quail, grousfe, pheasant, duck or j j
any other game species simply j J
amounts to plain, unadulterated 1 1
waste that should be considered | J
unforgivable unless a deter-;!
mined and conscientious effort. *
is made to save it, comments! j
Henry P. Davis, Sporting Dogs jj
Editor of Sports Afield Maga- j *
zme. j |
Each season thousands of
hunters, either careless or too J
lazy to make an honest retriev- j
ing effort, cause a loss of several 1 t
million dead or wounded ducks |
which would have made a sub-,<
stantial contribution to the fain- j -
tly’s larder if a little well-direct-;
ed energy was expended. AI
similar situation exists in the j
ranks of upland game hunters,
probably to a lesser extent. j
An excellent way, perhaps the
only way, to cope with this
wasteful situation is to use a
retriever. His ability to find
game will not only enhance your j
game bag, but will double yourj
pleasure afield. |
Many pheasant hunters do not!
use dost, and thereby miss aj
large portion of the fun that
goes with hunting. They argue
that the wily ringneck will ruin j
any pointing dog in time, owing I
to his running proclivities. Ad- 1
mittedly, the nheasant is a hard i
bird to handle, but many sea- |
soned or experienced bird dogs I
learn to solve that running 1
problem bv circling the bird and if
heading him off before he takes ' |
to the air, often frightening him i
so badly that the bird will al- 1
most have to be booted out of j
the cover. I
Quail are becoming increas- 1
ingly wary with the passing of 1
each season. Seldom do we find |
the easy single shooting of by- 1
gone days when a flushed covey 1
would fan out in an open sedge- .
Bold to become individual andjt
easy marks for crack gunners.
Here the retrieving dog comes
into his own and thousands of
bobivhite are brought to hand
which would never grace a hunt
er’s table were it not for the
ability ot hi.s dog to scent out
and find the dead or wounded
It is duck hunting, however,
that ihe worth of the retriever
is best exemplified. Whether it
be shooting over open water or
marsh lands from blinds, jump
shooting from boats, pass shoot
ing, or sky-busting highflyers in
the heavy pin oak flats of the
Southland, a retriever such as,
the Chesapeake. Labrador or
Golden, or an Irish or American
water spaniel will prove his true
worth as an important factor in
Many of these dogs display an
o’most uncanny ability to mark
birds down, whether it be in
woods, water or fields. Quail
and phe?sant hunters are rapid
ly recognizing the value of re
A friendly Christmas "Hello” to
all our wonderful friends. May
this season bo a happy on*
for you and yours. "
CHOWAN STORAGE CO.
trievers in upland game shoot
ing, and -many of them take
these dogs afield, keeping them
at heel to relieve their pointing
dogs of the retrieving job, thus
adding a spectacular touch to
this exciting sport. Spaniels
have long been noted as upland
hunting dogs and the work of
; retrievers in heavy cover has
, caused them no longer to be con
i sidered as novelties in this
1 phase of field sport.
[ So use a retrieving dog this
season and derive the full meas-
I ure of fun from your hunting
[ season. Not only will you have
; the satisfaction of knowing you
have not left any dead birds or
cripples in the field to die a
lingering death, but you will
have conserved your ammunition,
enhanced your gamebag at the
least expense to game resources,
and gained a larg*: dividend of
extra and unexpected fun in
TRY A HERALD CLASSIFIED
Four Fire Alarms
. During November
Fire Chief W. J. Yates reports
that Edenton firemen answered
four alarms during November,
two of which were in Edenton
and two out of town. For the
Edenton fires the firemen were
out one hour and 15 minutes and
out of town two hours and 15
■minutes. The firemen were on
the air 15 seconds in Edenton
and 20 seconds out of town.
They traveled five miles in
Edenton and 30 miles out of
tewn. For the Edenton fires 300
feet of hose was laid and 900
feet out of town. Twelve feet
of ladder were raised for the out;
of town fires.
Thirty-four volunteers re
sponded for the Edenton fires 1
and 40 out of town.
May peace and joy abide with
you at this Holiday Season.
BUNCH’S GULF SERVICE
r MILTON BUNCIt, Prop.
( with our special thanks for your
continued loyalty .. .we say
|J| “Greetings?’ and
. • •
Property involved indudßd’'
$45,000 in Edenton and |lwgß
out of town. Damage in Eden*;,
ton was estimated at SSO and
$2,856 out of town. InsuraitCd",
in Edenton was $21,500 and $5,- '
000 out of town.
During the month the firemen
held one fire drill, answered" ■
eight still alarms, refilled two
fire extinguishers, painted 16
hydrants and worked 25 holtrS
on repairing Christmas toys.