McCormick messenger. (McCormick, S.C.) 1902-current, March 26, 1931, Image 6
i
Thur8day v March 26, 1931
McCORMICK MESSENGER, McCORMICK, SOUTH CAROLINA
.V,
w
m%
K'i-
Bb»
IS EASY TO BE 11IBIFTY
Once You Start Practicing It
Thrift becomes second nature
:: after you get*the habit. Start
ing it is the difficult task but you
*-■ ' * ' T' •
never will start if you keep pro-
crastihatipg and making idle ex
cuses to yourself. Now is the time
to start saving—not tomorrow.
We Invite Your Savings Account
... i ■ ,
We want you to become one of
our happy family of thrifty peo
ple. We offer you every meas
ure of safety and service to make
your connections with us profit
able and pleasurable.
THE PEOPLES BANK
MctORMICK, S. C.
Experience Service Facilities
Those are the important things in measuring the worth
of a funeral director, and should be borne in mind when
you hkve occasion to choose one
DISTANCE IS NO HINDRANCE TO OUR SERVICE
and there is no additional charge for service oat of town
Main* Street McCormick, S. C.
AN ABV. WILL HELP TOO
No matter what you may want—
buy, sell, find, trade, or rent—an ad
vertisement in THE MESSENGER
will help you. There is no limit to
. the results it may bring. Your mes
sage goes into the homes of several
hundred people, and will be read in'
leisure time when decisions are
< made.
You won’t miss the small amount
: that advs. in this paper will cost.
McCormick, S. C.
• i • :;V. v. > ’
•*- •
* • **<' '-ml ,
fiIV* {•= r r.< -*•
6
4 r l.
DUAL BANK SYSTEM
FAVORED BY BANKER
State kind ^Natiobai Institutions
Supplement Each Other in
Serving Country’s Varied
Financial bleeds
R ECENT suggestions that all banks
in the United States be under Fe-
eral jurisdiction, doing away with the
chartering of banks by the - various
states recalls the opposition to this
plan presented .at the. recent conven
tion of the American Bankers Associa
tion by R. S. Hecht of New Orleans,
Chairman; of its'Economic Policy Com
mission. Mr» Hecht said;
“There are just as good reasons why
there should be state as well as na
tional banks, as that there should be
. ' -v *
state as well as a national government.
I. do hot . think that analogy is far
fetched. The states should not sur
render all political jurisdiction to the
central goydrhment, and the local busi
ness life of the states should not be
madefto surrender all control- over
financial functions to national financial
instrumentalities. There are many va
riations of business' conditions from
state to stat^ and there are special
fiscal! requirements of the various
states.
*Tt.is entirely logical, therefore, that
the states should retain the right..to
charter banks so as to mold and direct
their affairs^ ^accordance with the
states’ governmental and business re
quirements and kebp them adapted to
localized sentiment and conditions.
“The argument Is sometimes ad
vanced that the. dual system jeop
ardizes the life of tho Federal Reserve
System because under it there is a
large group of hanks that are free to
remain out of or to withdraw from
the feystern. Facts and figures prove
that this is a specious argument.
*Tt is true that there.has been some
shifting from national to state char
ters cs'pecialljr in cases of mergers of
large 'national banks with banka op
erating under state charters. However,
the Federal Reserve System was not
weakened in this process because the
merged institutions almost universally
retained their .membership in the sys
tem: Oil a voluntary basis. Moreover,
the Records show that state bank mem
bers are just as good members of the
system as national banks and the ratio
of state bank resources in the Federal
Reserve System is constantly growing.
In 1922, national hanks held about 65
per cent of the resources of reserve
members, and state banks about 35 per
cent, while in 1929, the nationals held
only 60 per cent and state banks 40
per cent. v ‘
Banking Systems Help Bach Oilier
/‘Reciprocally the state and national
banks systems have helped each other.
li the national banking law-has served
in some respects as something of a
model code toward which state bank
ing laws more and more have ap
proached year by year, so have the
state codes developed valuable reforms
which have suggested improvements
for the national laws. A great many
undesirable competitive inequalities
have been wiped out by this mutual
evolutionary process and further prog
ress along the line of uniformity so far
as is desirable is anticipated.
“However, I do not believe that it is
q disadvantage to have two banking
codes that differ in some respects. It
is quite probable that the state bank
ing code in many instances represents
a closer adjustment to local conditions
than could be had under the national
banking laws, and this is a situation
that should be retained. There should,
however, nqt be competition between
the two banking codes. Competition
should be between banks themselves
nnd not between the laws under which
they operate. The effort to offer too
great allurements in one code as
against the ether could lead only to
weak banking laws. But I do think
that there should be the alternative
opportunities that now exist which
banking institutions and local business
interests may choose, so that they can
function or conduct their business re
lationships under tha^ banking code
which best meets the conditions of the
times and of the place as they see them.
“This has been illustrated in both
directions. In states where such un
sound measures as the guarantee of
deposits were operative state banks
had tho opportunity to escape the bale
ful effect of such laws. On the other
hand, when a court decision was
handed down in Worcester, Massa
chusetts, which rendered uncertain the
position of trust assets acquired by a
national bank through a merger with
a state bank, it was a real advantage
for national banks affected to take out
and operate under a state charter,
cither on a temporary or a permanent
basis, as circumstances make expedi
ent.
“In my opinion, bankers, national as
well as state, should combat tho
thought that ^ conceives of depriving
us of the vitalising benefits of our dual
system.” v
Finance Fights Erosion
Farm terracing to stop erosion la of
major Importance in Noble County,
Oklahoma, the county agent said, and
so one of the county’s national banks
bought five farm levels to be loaned
to farmers without charge. The ma
chines 'were Immediately put tc use
end the farmers are- showing keen In
terest .in, terracing. ufTwo terracing
jchoolj were started, * for adults Ud
Club bpjfl, \ *v*
KIT: T.“.• ra«., CP .v*.
This Week
b Arthur Brisbane
All That Glisters
Pullman Bonus Plan
Cancer in Hens
Mexico's Wise Welcome
“All that glisters is not gold.” That
is how Shakespeare has it. . Not “all
is not gold that glitters.” Which
ever way you put it, the late Nixon-
Nierdlinger would now agree with yon.
An amusement promoter, he was vio
lently interested in a lovely little lady
whose admirable exterior won the title
of “Miss St. Louis” in a beauty con
test. He married her, promising to
make her famous all over the world.
The little lady has just shot and
killed him at Nice, in France, telling
the police he accused her of “having
an Italian lover” and showing cruel
finger marks on her throat.
French justice will attend to all
that. We remind young gentlemen,
“all the beauty of the world, ’tis but
skin deep,” and you never can tell
what you will find a little deeper. A
plain, old-fashioned girl, with a white
dress, a blue sash and a ribbon or a
hair comb in her. hair, is perhaps the
safest prospect, even though she may
not be “Miss Anybody.”
The president of the Pullman ;com-
pany, D. A. Crawford, has arranged
for pullman chr conductors to earn
“extra money.” They will get com
missions on sales of uppe* berths,
sales of a whole section to one traveler
on favorable terms, also an allowance*
for convincing passengers that they
want better accommodations than
those reserved.
This will start salesmanship among
pullman conductors. Increase the in
comes of many, and perhaps promote
similar profit-sharing elsewhere. It
pays to give men a cash interest In
their work.
Encouraging news for those study
ing the world problem of cancer. In
vestigators at the Rockefeller Insti
tute of Medical Research discover that
a certain type of cancer in hens con-,
tains Its own healing agent. Scientists
hope for a similar discovery in the
human form of the disease.
When this writer visited the Rocke
feller Institute with John D. Rocke
feller, Jr., some time ago to see the
famous Doctor Carrel perform an op
eration for removal of tubercular tis
sue In the lung, scientists had trans
planted cancer in a hen to make It
grow. At that time transplanting and
growth had been successful only once.
On the other hand, scores of white
mice and rats had transplanted can
cer that had grown bigger than the
rest of the animals* bodies.
The fight against cancer is slow, but
sure, and will be victorious in time.
A young Mexican genius,- Augusto
Novaro, musician and mathematician,
has discovered a* new harmony, based
on mathematics. His method is com
plicated, but simpler than Einstein.
More important, to the world and to
Mexico, is. the Mexican government’s
welcome to a large colony of Slavs,
presumably Russians, dissatisfied with
the Soviet system of government.
Lands will be provided and Mexico
will make them prosperous, while they
contribute to Mexican prosperity.
Washington otliciais say the soldiers’
“bonus money will soon be spent for
new goods, little of it spent to pay
old debts.”
We believe that buying new goods
to the extent of a billion dollars or
thereabouts will do more than anything
else could to stimulate prosperity.
Paying off old debts would also help.
Good news from Europe tells of an
increasing demand for automobiles,
which will mean more employment for
workers in the United States.
Makers and buyers of automobiles
are Interested in other news, only ru
mor as yet. which says that one of the
big manufacturers will deliver cars
hereafter with no charge for freight
anywhere.
This will make a difference to buy
ers and to manufacturers. The latter
make a considerable profit on freight
charges, running into millions a year,
because automobiles are shipped
knocked clown, and freight charges
are approximately what it would cost
to ship a car sitting up on its four
wheels.
The War department announced tho
allotment of $75,000,000 for river and
harbor work. The Missouri river gets
the largest allocation, more than
$<VXX),<m This will put a good many
men to work. >
Improved Uniform International
Sunday School
T Lesson f
(By REV. P. B. PITZWATER, D. D.. Mem
ber of Faculty. Moody Bible Institute
of Chicaffo.)
(O, 1931. Western Newspaper Union.) .
Lesson for March 29
REVIEW:
JESUS THE
SAVIOR
WORLD’S
GOLDEN TEXT—How God anointed
Jesus of Nazareth with the Holy
OJhost and with power: who went about
doing: good, and healing all that wire
oppressed of the devil; for God waa
with him.
PRIMARY TOPIC—Jesus Busy Do
ing Good.
JUNIOR TOPIC—Jesus Busy Doing
Good.
INTERMEDIATE AND SENIOR TOP
IC—Jesus the World’s Savior: Prepa
ration and Popularity.
YOUNG PEOPLE AND ADULT TOP
IC—Jesus the World’s Savior: Prepa
ration and Popularity.
In the last ten years, India’s popula
tion has increased thirty millions, an
other serious responsibility at the door
of Great Britain. Since the British
took control of India, its population
has more than trebled.
Since the lessons of the quarter cen
ter In one person and have one theme;
namely, the world’s Savior, the best
method of review for senior and adult
classes will be to refresh the mind
with the principal facts and leading
teachings of each lesson. Assignments
should be made a week ahead. The
following suggestions are offered:
Lesson for January 4.
John the Baptist was a great
preacher. He had a great heritage In
his godly parents. Much can be ex
pected from a son of such parents.
Lesson for January 11.
Jesas, as to personality, was divine
and yet his human nature developed
In the normal way. He waxed strong
In body, was filled with wisdom, and
God’s grace was upon him. Though*
conscious of his deity, he lived a life
of filial obedience. <
Lesson for January 18.
John the Baptist came in fulfillment
of prophecy, calling upon men to pre
pare for the coming of the Messiah
by repenting of their sins. Baptism
was the appointed sign of their re
pentance. With fine humility, John
turned the attention of the people
from himself to Christ.
Lesson for January 25..
Jesus was led into the wilderness
hy the Holy Spirit to be tempted of
the Devil. His temptation was Mes
sianic. The purpose was to demon
strate the reality of the incarnation.
Jeswm went from the place of anoint
ing and heavenly recognition as* the
Son of God to meet and to spoil the
enemy of God and man (Heb. 2:14).
Lesson for February 1.
Jesus demonstrated his power over
various diseases and over demons,
thus displaying his Lordship. Even
while demonstrating his mighty power,
he operated through benevolent chan-<
nels.
Lesson for February 8.
Jesus made clear to the disciples
that they would be hated and opposed
as they went out into the world with
his message. Those who follow
Christ must expect opposition and
suffering.
Lesson for Febru-ry ;15.
Jesus is the friend of sinners. There
is no one so steeped in sin as to he
shut out from him. Christ came into
the world “to seek and to save that
which was lost.”
Lesson for February 22.
Jesus’ supreme mission was to make
known the good news of salvation to
a lost, world. In spite of the good
seed sown hy him, only a small por
tion brought forth full fruitage owing
to the unfavorable condition of the
soil.
Lecson for March 1.
The greatness of the harvest—man’s
lost condition moved Jesus to ask the
disciples to pray the Lord to thrust
out laborers. The real force back of
missionary endeavor is prayer. When
the church begins to pray about mis
sions, there will he missionaries and
money to sustain them.
Le:son for March 8.
The parable of the Good Samari
tan shows who is my neighbor and
what being a neighbor means. My
neighbor i,s the man needing my help,
whether next door or across the
.world. Being a f»ei ghbor is the most
important thing for me. To be a
neighbor means to be on the- lookout
for those in need and to give sym-
pnthetically the needed help.
Lecson for March 15.
The Bethany home was always open
to the Lord. Jesus will come into
such homes as will give him welcome.
The inspiration of the Bethany home
must have greatly helped Jesus as he
went out to meet his foes. It is the
inspiration of the home which gives,
men courage to go out and fight the
battles of life.
Lesson for March 22.
The parable of the rich fool shows
the peril of allowing the heart to be
set upon even the fruits of legitimate
toil. To seek gold and thus forget
God is to play the fool. k
The next quarter continues the les
sons from the gospel by Luke.
PAGE NUMBER six
CHURCHCARDS
Lower Long Cane
Church Schedule
Sabbath school every 1st, 3rd and
5 th Sabbath afternoon at 3:00
o’clock.
Preaching every 1st, 3rd and 5th
Sabbath afternoon at 3:45 o’clock.
A cordial welcome awaits you at
these services.
W. C. KERR,
Pastor,
' -f
Plum Branch M. E.
Church Schedule.
ASBURY—Sunday School every
Sunday at 10:00 a. m.; Epworth
League every Sunday at 7:00 p. m.;
preaching 1st Sunday at 11:15 a.
m., and 3rd Sunday at 8:00 p. m.
BARR’S CHAPEL—Preaching 1st
Sunday at’ 3 :30 p. m., and 3rd Sun
day at 11:30 a. m.
BORDEAUX—Sunday School ev
ery Sunday at 10:00 a. m., on the
1st Sunday; 3rd Sunday and the
4th Sunday, and at 3:00 p. m. on
the 2nd Sunday; preaching 2nd
Sunday at 3:30 p. m. r and 4th Sun
day at 11:15 a. m.
ST. PAUL—Sunday Sfthool every
Sunday at 10:00 a. m.; Epworth
League every Sunday at 7:00 p. m.; -
Preaching 2nd Sunday at 11:15 a.
m., and 4th Sunday at 8:15 p. m.
txt ,
McCormick Holiness
Church Schedule
McCormick —. Preaching service
Saturday night before 3rd Sunday at
8 o’clock; third Sunday morning at
10:30 o’clock and third Sunday night’
at 8 o’clock. A cordial welcome la
extended to all.
O. E. TAYLOR,
Paster.
txt
A. R. Presbyterian
Preaching at Mt. Carmel, S. C M
oh the first and third Sabbath at
11 a. m. »
Preaching at McCormick, S. C.,
m the second and fourth Sabbaths
at 11:30 a. m. •
, Sabbath school at both churches
3vcry Sabbath day throughout the
year.
LEON T. PRESSLY,
Pastor.
txt
Troy A. R. P. Charge
TROY—Sabbath school at 10:08
every Sabbath morning; morning
worship, 11:00. Y. P. C. U. meets
1st, 3rd and 5th Sabbath evenings
at 7:00 o’clock. Prayer meeting, 2nd
and 4th Sabbath evening at 7:00.
BRADLEY—Sabbath school, 3:00
p. m. 1st and 3rd Sabbaths; wor
ship 3:30 p. m.
CEDAR SPRINGS—Sabbath school
at 3:30 o’clock, 2nd and 4th Sab
baths; worship 4:00 p. m.
J. H. BUZHARDT,
Pastor.
X i
McCormick Methodist
Church Schedule
Our Love to God
Our love to God brings us a gleam
in earth’s darkness to show us whither
we are going. It keeps us in sym*.
pa thy with God’s work everywhere.
It is our enltotmgnt in the army of
This increase is due to the British,
preventing famines, -checking plagues
with sanitary measures, in spite of.
protests by natives, who thought the ^.
gods could be appeased by Putting the 1 will towatd men.-Isaac Edward
■ throats of goats, and spilling the blood
cn the .ground. <:
Britain has also increased Hindu
population by preventing marriage of
little girls to full-grown men, which
son.
u ■
.Men of.Genius -
Men of. genius are ,often dull .nhd
inert in society, as a blazing mel^dr
does not lead to healthy famiMes, and when It descends 1 to earth, Is on'tyr^a
’by imprdVlffig the Vate^ supply.' a^one.—L6ngfeH16WI•• ^ ‘
h-
McCormick—Sunday school every
Sunday at 10:00 a. m.; Preaching
at 11:00 a. m. 1st, 2nd and 3rd Sun
days, and at 7:30 p. m. on fourth
Sundays.
Prayer meeting Wednesday even
ing at 7:30 o’clock.
Board of Stewards meets Monday
night following 1st Sundays.
REPUBLICAN
Sunday School at 11 a on. on to4
and 4th Sundays. 1st and 3rd Sun
days at 2:30 p. m. Preaching on
1st and 3rd Sundays at 3 p. m.
Troy — Sunday school at 10:00 a
m. 1st, 3rd and 4th Sundays; tnd
Sundays at 3 p. in.; preaching Snd
Sundays 3:30 p. m.; 4tb Sundays 11
a. m.
Beulah — Preaching ' every 4th
Sunday afternoon* at 3:30 nVlnek
W. S. HENRY,
Pastor
666
LIQUID or TABLETS
Cure Cold. Headaches, Fever
‘ . ;6 6 6, SALVE ^ .
CURES BABY’S COLt)
. i. ;
* : : i' • ■ .\ •*- rt
.Pilots of commercial airpiapes
equipped with radio are i*epoTtibjg
jqm* i&VL-.n n$ng, re-t .[ r
.Ire dispatchers.
^ V «