uJECTIOH 088
PAGE TWO
The National Outlook
Unemployinent Compensation
By Ralph Robey
It has been Known for some
time that a plan was in the j
works for doing something;
further with unemployment com
sation. Those who have follow
ed the record of the Kennedy
Administration with care, and
especially those who do not fa-}
vor the New Frontier, have as-’
sumed that the change would
be relatively drastic. But few
if any were prepared for the
plan Which now has been pro
posed. This is a program fori
the federalization of unemploy-!
ment compensation, although J
that term is not used in the
recommendations.
It will be recalled that a few
months ago the Congress passed
an act extending the period for
which the unemployed might re
ceive payments to 39 weeks.
There also had been such an
extension during the Eisenhower
Administration. The difference
etween the two measures was
that in the former Administra
tion the act merely created a |
fund from which states could j
borrow. This year the money
is merely given to the states out
cf the United States Treasury,
and ultimately presumably, will
be repaid by the increased tax
levied on employers.
Up to the present, each state
has determined how long the
unemployment payments would
run, the rules of eligibility, and i
the amount of the weekly pay
ment. $n most instances the
duration has been 26 weeks and
the amount of the payment has
been held to a level which, it
was hoped, would not be an
incentive to remain unemploy
ed. In many states, too, there
has been what is known as “ex
perience rating,” which means
that the amount a particular
employer had to pay so reach
employee depended upon his sta
bility of employment, or contri
bution to unemployment.
Under the new proposed pro
gram every state must accept
tne dictates of the federal gov
ernment or else the experience j
rating will be eliminated. It al
so is proposed that the recently
imposed temporary increase of
taxes be made permanent and
that the base per employee upon:
which the tax is calculated bej
increased from $3,000 to $4,800.;
In terms of dollars per em
ployee, this means about 45 per
cent more taxes.
Under the program, 39 weeks j
is to become the universal j
standard. In the case of those
states which now provide less
than 26 weeks, a worker who is
unemployed would get compen
sation for the shorter period and
then, at the end of 26 weeks,
would pick up the additional 13’
weeks.
At present the general rule is
that an employer must have at!
lease four employees to come i
SHOP AT YOUR NEIGHBORHOOD GROCERY
D & M SUPER MARKET
PHONE 2317 FOR FREE PLENTY OF FREE
DELIVERY ON ORDERS CD
OF $2.00 OR MORE! PA...vIMO
For Outdoor Cooking . . .
TRY OUR DELICIOUS
Rib Steaks lb. 79 C
ECONOMY CUT
Pork Chops ®49 c
FRESH GROUND SUN-SPUN
HAMBURGER BISCUITS
Lb. 39c 3 cans 25c
Red & White Bleach... 2 bottles 29c
Red & White Liquid Starch... qt 17c
46-o*. Can Rad & White I 3-Lb. Can Red fc White
Pineapple Juice I Shortening
18-ol Kraft’s Grape Jelly ,28c
6-az. instant Max. House Coffee 88c
" 11
144wn(S[ Dogskvi Tvtt\? isr
under unemployment compensa
tion; and there are many lines
of work, such as charity and ed
ucational, that are not covered.
It is now proposed to bring an
estimated 3 million of these un
der the act, and to eliminate the
four-employee rule. This would
lift the number of workers cov
ered to about 48 million.
Further it is proposed to set
federal standards for the mini
mum payment which a state
may make. This is done by
various steps but the aim is to
bring the payment to two-thirds
of the average state wage. That
goal would be reached by Janu
ary 1, 1968.
Those are the principal pro
visions of the new program; and
there are innumerable minor
ones.
If this program goes through,
it will mean that the federal
government determines the eli
gibility of the recipients, the
amount and duration of the
payments, and practically every
thing else about the system.
And, with the penalty of losing
experience-rating for non-com
pliance, it is evident that no
state will abstain.
Os course the proposal has
not yet passed and it is firmly
believed that it will not pass
this session of the Congress.
That is because there is too
much other pressing legislation
for this to be considered. But
the bill carries over until the
next session, and it is none too
early for everyone to make his
views known to his Congress
man.
Mrs. Olie Hollowell
Dies Tuesday Night
Mrs. Olie D. Hollowell, 63,
died at her home on West Eden
Street Tuesday night at 6:15
o’clock following a short illness.
: A native of Chowan County,
! she was a daughter of the late
Robert Oliver and Sarah Harris
j Oliver.
! She is survived by her hus-
I band, Cecil H. Hollowell, Sr.;
three sons, Clyde Hollowell,
Herbert Hollowell and Cecil
Hollowell, Jr„ all of Edenton; a
I daughter, Mrs. Fannie Taylor of
Tlerry Hill; jwo brothers, John
'Oliver and Jim Oliver of Eden
ton: a sister, Mrs. Elizabeth
Shilsky of Brooklyn. N. Y.: one
grandchild and two great grand-
I children.
She was a member of the
Edenton Baptist Church, where
funeral services will be held (
this (Thursday) morning at 11
o'clock. The pastor, the Rev. R.
N. Carroll, will officiate and
burial will be in Beaver Hill
j Cemetery.
Pallbearers will be Thomas
Jackson, Walter Bond. Pruden
Forehand, Lyn Perry, Percy
| Perry and O. B. Perry.
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sfgk. - ,7 vffeA *• T® 8
OLD AND THE NEW IN RUSSIA—A camel-borne peasant watches trucks rail past in a
bleak section of the Kzylkum region es Soviet Russia. The truck carries pipe to M used
on gas lines.
55 Out Os 100 Workers Now
Earn Livelihood In Service Jobs
The structure of employment;
in the United States has under
gone a fundamental shift over
recent years, with a steadily
widening majority of American
workers earning their livelihood
in providing the service needs
of the population instead of in
the production of goods.
Figures compiled by the U. S.
Department of Labor show that
nearly 7 million new jobs were
created in the 1950-60 period in
the service areas of the econo
my—a diverse group of busi
nesses and occupations compris
ing Government (Federal, State
and local); retail and wholesale
trade: transportation and pub
lic utilities; finance, insurance,
and real estate; and the service
and miscellaneous classification
covering occupations running
from the neighborhood dry
cleaner to the medical and other
professions.
Impact of Technology
At the same time, there was a
net decline in the period of more
than a million jobs in the goods
producing section, to which the
Labor Department has assigned
all manufacturing, agriculture,
construction, and the mining and
extractive industries. The domi
nant factor here was a steep de
•bltne it* farte employment, a
manifestation of the impact of
technological innovation which
has also had an influence on
other areas of goods production.
Employment in the services
rose to a record high of more
than 33Vi million as an annual
average last year, over 6 million
more than those at work in
goods production and the equiv
alent of 55 out of every 100 em
ployed wage and salary workers.
Even at its peak in the early
Fifties, employment in the
goods-producing sector never
reached 30 million in any year,
but up to 1954 it consistently ex
ceeded that in services.
The employment figures do
not include the members of the
Armed Forces, the nonagricul
tural self-employed, or domestic
workers, who if counted would
WOW! 1 GENERALEiIetRIQ
ViYNtlti iBBI REFRIGERATOR„
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X▼ X Y_/ X IXJ ,4= m* STORAQI SPACi FOR UMC S
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FRESH jj BspU
FOOD |B=!H »!iasww
SPACE/^# 1
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Quinn Furniture Company
OF EDENTOJV, INC
Phon« 2425 “How* of Quality Furnhure” Edeateft N. C.
'
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V 1 11 I' \ T 711 ■ ” ,T " W
THE CHOWAN HERALD, EDEHTOH. HOR*H CAROLINA, JULY 8, IML
be in the service sector.
Shill in th« Economy
Mirrored in the employment
figures and their trends is a sig
nificant shift that has occurred
in recent years in the compo
sition of the nation’s economic
activity as between the contri
butions of goods and services to
the growth of the economy.
U. S. Department of Commerce
figures show that expenditures
in the goods-producing sector
had a markedly lower rate of
expansion in the Fifties than the
economy as a whole, 53 per cent
as against 69 per cent. Expendi
tures for services, on the other
hand, increased by 96 per cent
in the period, a' rate of growth
substantially ahead of that of
any other economic grouping as
well as of the economy as a
whole.
The lag in the goods-produc
ing sector as compared with the
economy’s overall performance
was in both durable and non
durable goods, and reflected not
only changing consumer tastes
and preferences as between
goods and services but also rel
ative sluggishness in business
and industrial investment out
lays in the last few years. The
latter is what the Administra
tion! seeking to . stimulate
through tax incentives. .
Agricultural production reach
ed record levels in the last dec
ade, but farm employment de
clined by more than 2% million,
or close to a third, in the pe
riod. There also was a drop
of almost 250,000 jobs in mining
between 1950 and 1960. By con
trast, the number of jobs in
manufacturing, the nation’s big
gest single employer, increased
nearly 1% million in the pe
riod, with expansion in nonpro
duction workers more than off
setting the impact of technology
of jobs in construction rose by
almost a half million.
Rite in Service Jobs
The public payroll set the
pace for the rise in jobs in the
service sector in the 1950-60 pe
riod. The number of Govern-
ment employees was 2% million
higher last year than in 1950,
with the increase taking place
primarily at the State and local
levels.
Retail and wholesale trade
with a rise of more than 2
million employees was in sec
ond place, followed by sin in
crease of more than 1% million
jobs in the service and miscel
laneous classification. An in
crease of nearly 700,000 jobs oc
curred in the grouping of fi
nance, insurance and real es
tate. The only service classifi
cation that failed to participate
in this trend was'that of tnans-
I portation and public utilities.
New Books At
Local Library
Among the new books recent
ly received at the Shepard-Pru
den Memorial Library are:
Leisure Time for Living and
Retirement by Margaret E. Mu
lac.
The Three Worlds of Boris
Pasternak by Robert Payne.
Old Textbooks by John Nietz.
A Victorian in Orbit by Sir
Cedric Hardwicke.
Contemporary Perennials by
Roderick W. Cumming and Rob
ert E. Lee.
The Hooded Falcon, a Novel
of the Welsh Border in the 15th
Century by Prudence H. An
drew. ' f
The Wall, A Play in Two Acts
by Millard Lampell, based on the
novel by John Hersey.
Movies, Morals, and Art by
Frank Getlein and Harold C.
Gardiner, S.J.
Fatima and Her Sisters by
Dorothy Van Ess, a fascinating
view of the vanished and ro
mantic world of Arab women in
the era of the veil.
How To Clean Everything by
Alma Chesnut Moore, Consultant
for Stanley Home Products, Inc.
An encyclopedia of what to use
and how to use it
So Fair A House by Robert
Neill.
The Doctor Makes A Choice by
Elizabeth Seifert.
Unless what we do is useful,
glory is vain. —Phaedrus.
•«_ -#§7
Major Influence Os
US. Savings Bonds
Sustained Effect an
Pattern of Indivi
dual Savings
Adapting itself to changing
conditions since it was launched
in the wartime atmosphere be
fore Pearl Harbor, the U. SL
Government’s Savings . Bond
program continues to exert a
significant influence oh ths
economy as 'lt nears the end;
of the second decade' of Its Op
eration this’.Spring, f. j
Particularly y -noteworthy .has;
been its “sustained effect on per
sonal thrift habits -“and on the
pattern of individual savings!
Though patriotic urge and ■ war
time fervor have long since dis
appeared as motivational influ
ences, annual purchases of Sav
ings Bonds in recent.years have
run well over $4 billions a year,
and the rate has picked up since
the first of this year.
Data on Ownwhip
Including accrued interest, the
people currently own around
$43% billions of these : bonds,;
representing around ’sl out of
every $7 of the present* total of
accumulated long-term savings
of individuals as compiled by
the Home Loan Bank Board.
An estimated 20 million persons
own Savings Bonds, and over
8 million workers in some 45,-
000 companies are enrolled as
only larger ones are: the U. S.
securities holdings of commer
cial banks ahd the issues held
by Government investmeht ac
counts dominated,.by. the Social
Security trust - fluid.' The Puh-
AUTO
Generator
Service & Repairs
Never can tell where a car
will pick up a bad habit...
or a good one. Speaking of
the latter, regular servicing
here will get your car in
the habit of performing
smoothly, safely and at low
cost. Try it I
ALL TYPES GENERATOR
SERVICE EXPERTLYJDONE
Service Garage
W Qumo St Edanton
PHONE 3419 ■ •
|thus represent an important ele
ment in the dhUibUjhhn and
of the pufeli* debt
purchasers under payroll sav-
The Savings Bond pnogkhm
likewise/’has a decided'impact
on the Federal Government’s fi
nancial and fiscal qpeisatipps.
Cwjteßt holdings represent
than a seventh of die $290 bil
lion public debt, making up the
lhi*4. biggest Single block. The
beginning, the Sav
ings Bond program has been
dominated by the Series E
bonds designed for persons of,
sppaU or moderate means. The
Series H bonds, also sold only
to. individuals, were added in
1982. Since their initial appear
ance, g total of SIOB% billions
of'jSeriesE,and H. bonds have
been acquiredby the public at
their ;djscounted issue price
through l February of 4btjs year.
Netty sl6 . bUlkms hgve.': ac
crued "iu interest. 'Redemptions
for '.the period,; including inter
jest, add ‘up to ritufiy R7jJ b -
Classified Ads
GUM TROUBLE causes most
tooth loss. See dentist Use
soothing OLAG Tooth Prato. At
all drug stores. ' . ;
i - „,...L .
REAL ESTATE FOR SALE—
Residences, . farm land and
building lots. - See T. B. Smith,
Realtor. Phone 2959. Edenton.
ex7-SOc -
FOR RENT~ FURNISHED
apartment, at 228 Eaat Queen
Street. See C. W. Swanner at
217 East Queen Street. Phone
2544- ' June22tfc
PAIRING & PAPER HANGING
at * ; .reaaohable prices; clean
worlt. ii-ee estimates. Chas.
- p. Morgah, phone 2486.
Juneltfc
SALESMEN -WANTED YOU
dqh’t need to worry about
1 getting or holding a job with
your own Rawlpigh business
Vfhere the more you Work the
more you earn. Thousands
1 peppering afyfry yejs\ Write
at ohce for ‘ more information.
Vacancy in Chowan County.
Rawleigh’s Dept, NCG-210-802,
Richmond, V*.
Ju1y6,13,20,27p
M. G. BROWN COMPANY NOW
buying logs and tracts of
timber. Highest market prices
paid. Plume 3610, Identop.
Apr2otfc
FOR SALE OR RENT—2 AND
3-bedroom houses on mail and
r school bus route. Two miles
[ from Edenton. Apply L. E.
FTancis, Route 3, Edenton.
Phone 3472. Mar9tfc
HAVE YOURS OR YOUR
v CHILD’S PICTURE tinted dr
colored at a very reasonable
r " - cost' Sahiples at hdfoe. - Mrt.
Peart Griffin, 716 Johnston St.,
Edthtbn Mar23tf c
BOAT SALE FIBERGLASS
RUNABOUTS AND FISHING
SKIFFS AT BELOW WHOLE
SALE. PRICES. All first line
new boats ready to go. 16-ft.
Runabout rCg. prick $995.00,
price now $648.00; 15-ft. Run
about, reg. price $595.00, price
now $395.00; 14-ft, Fishing
Skif4 reg. price $298.00, price
lib* $199.95. We also sell
and can arrange • fi
nancing. Open Monday thru
Saturday. Sundays by ap
pointment caßohna fi
berglass PRODUCTS 00,
sib East Jones St, Wilson,
N. C . Telephone 243-3964 or
537-HJW- ' $u22,29,Ju1y6c
AT
ROCKY MOUNT
N. C.
UKCE 16U
1 » Ni'iui.mii ui< m. li'« i »ii
A ¥' T < ]M Iftff EMT.i
cnmur ■
/’ A WJI/YI jBn.A,,
MP& ; ■ < j
can and other goods, and funds
sos education of children of to
ipeet emergencies.
% >|firast Rato
Series E bonds were first sold
on a iO-ypar basis to yield 2,9
per emit if held to malturity.
Twice subsequently the maturi
ty tprm whp shortened, Which
had toe effect of increasing the
interest rate, and the last
change in 1959 brought the
yield up to 314 per cent. Series
E bonds carry an automatic ex
tension privilege, and issues,
that have matured and are still
held represent two-fifths of the
people’s current holdings of E
and H bonds.
Vp to a few years ago, the
Savings Bond program also in
cluded certain issues of bigger
denominations, designed ; for the
( large investor an dinstitutions.
A total of $32 billions of these
bonds were sold, of which over
$4 billions are still outstanding.
-
THY A HkRALD CLASSIFIKT
FOR RENT—TWO 2-BEDROOM
houses in Westover Heights.
One partly furnished; $36 per
month. Phone 3082, Mrs.
Dixon. Juneltfo
FOR SALE—I9S4 OLDSMOBILE
in excellent condition. Call
2887. June29tfc
FOR SALE—ELECTRIC STOVE
and refrigerator in good con
dition. Will sell cheap. Call.
1 3472, Edenton. Jultfc
WOMAN WHO CAN DRIVE—
If you would enjoy working
3 or 4 hours a day calling
regularly each month on a
, group of Studio Girl Cosmetic”
clients on a route to be estab
lished in and around Edenton,
. and are willing to make light
( deliveries, etc., write to
STUDIO GIRL COSMETICS,
Dept. JW-32, Glendale, Cal.
Route will pay up to $5.00 per
hoitr. June15,22,29Ju1y6
Bulldozer work land
■ clearing and dirt pushing.
Phone 2956, Clarence Lupton.
tfc
FOR QUICK AND EXPERT
service on your radio end
phonograph, call the Gritciv
Musicenter, phone 2528. W|
carry a complete line at
phono needles.
WATCH REPAIRING JEWEL
ry repairing and engraving . ..
Prompt service. Ron Jewelers,
Phone 3525. tk
PICTURE FRAMING—FOR TH2
best in custom ,/cture framing
see John R. Lewis at the Eden
lon Furniture Company. Corn
plate line of moulding to choose
from tut
FOR SALB-dOOD USED GAS
~ fangW *STB#as $35.00. West
on Gas Service. Phone 3122,
Edenton. }une2tf
Electric
Water Coolers
IN STOCK
With: No Squirt Bubbler
SUiuleM Steel Top.
Beet Pedal Central
Anti-Splash Basin
Competitively Priced
Your Inspection Invited
Ralph E. Parrish
(DtCOBPOKATKD)
PHONE 2421
Edenlon, N. C.
I ft* Hwm tkat gives you
mm left then you \
1 expect for your money.
lip
m Sffifi LESCO HOMES
fees expanse, not expense
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wmr 1
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