University of South Carolina Libraries
IfcCORMICK MESSENGER, McCORMICK, SOUTH CAROLINA Thursday, July 27, 1944 IdDORMfiGK MESSENGER L rmbllshed Every Thontay f EBtoblisheE June B, IBM l EDMOND J. McCRACKEN, r EAiter a»d Ovaer . Eaiered at the Feet Office at Me- t Oermick, S. C., as a&all matter ef : ike eecend claaa. r . ' f EUBSCRIPTION RATES: One Tear $1.00 Btz Months ; .75 Three Months AO • ( er marred a great character by taking many wives. Attributing . Gideon’s work to God’s power raises the question oi God’s attitude toward war. Buc as we readily justify defensive war, we can easily believe that the weapon which Gideon used was indeed “the sword of the Lord and of Gideon.” And we hiay be encouraged to believe that v*ou will even now work His will among the nations, whether “by many or by few.” X Communities Planning For Postwar Period SMALL TOWNS JOIN TO EASE RECONVERSION STRESS i t REV. ROBERT H HARPER t Gideon’s Faithful Few. Lesson for July 30: Judges €, 7, $ 1 Golden Text: I Samuel 14:16. 1 Gideon’s story illustrates God’s power to use the humble. Of un- distinguished family in Manasseh, and so unlike a national hero when God called him that he was threshing wheat in secret in fear of the Midianites, Gideon became , the fifth and greatest of the Judges. , . Overturning Baal’s altar and cutting down its grove, rallying his neighbors, summoning Asher, Zebulun, and Naphtali, reducing army by 20.000 as directed in Deuteronomy 20:8, further reduc ing P that God’s power might be manifested (Judges 7:2), attack ing the ' Midianites by night (Judges 7:17-25), and, joined by warriors of the northern tribes, slaughtering 120,000 of the enemy, r*>r» scattering the remnant of 15,000 and capturing their two kings, Gideon broke the power of the marauders and stopped their forays for the remaining 40 years cf his life. Declared by the captured kings to look like a prince, Gideon re- j fused a crown (Judges 8:23), yet from the spoils taken he made a richly-ornamented ephod which became a snare to him and his house (Judges 8:27), and he rath- By AL JEDLICKA In over 2,000 communities in the U. S. toady, enterprising citi zens, working in conjunction with the privately-financed, govern ment-approved committee for ec onomic development, have struck out to help in overcoming the serious employment problem which will beset the nation when the war ends. With all sizes of communities organized—from cities of over 10,- 000 population to cross-roads junc tions of 6 people—the movement represents a general stimulation of individual initiative in finding dif ficult problems which might other wise aggravate the complications of the reconversion period. Extent of the postwar market in the community, need for help in meeting the demand, or again, special problems of unemployment associated with stoppage of war work—all of these questions pe culiar to individual communities form the basis for their future planning. Intended to service merely the cities of over 10,000 population when first formed in 1942, the committee for economic develop ment soon expanded its operations to cover all towns, with the real ization that planning for only one Report of Condition of THE DORN BANKING COMPANY of McCormick in the State of S. C., at the close of business on June 30, 1944. ASSETS I li Loans and discounts (including $25.00 overdrafts) $ 31,272.43 2. United States Government obligations direct and guar anteed __ __ 70,000.00 3. Obligations of States and political subdivisions 27,000.00 6. Cash, balances with other banks, including reserve bal- Tfna cash, items in process of collection 322,476.ST U. Other assets —* 145.36 12. TOTAL ASSETS „ $450,894.76 LIABILITIES 13. Demand deposits of individual, partnerships, and cor porations $345,240.54 14. Time deposits of individuals, partnerships, and corpo rations __ — 1,047.86 15. Deposits of United States Government (including postal . v savings __ 7,074.25 16 f Depostits of States and political subdivisions 46,449.80 18. Other deposits (certified and officers’ checks, etc.) 239.19 19. TOTAL DEPOSITS $400,051.64 24. T'vt’at, LTABILITIES (not including subordinated obli gations shown below) $400,051.64 CAPITAL ACCOUNTS 25. Capital* $ 25,000.00 26. Surplus — 10,000.00 27. Undivided profits __ 15,843.12 29. TOTAL CAPITAL ACCOUNTS 50,843.12 30. TOTAL LIABILITIES AND CAPITAL ACCOUNTS $450,894.76 •This bank’s capital consists of: * First nreferred stock with total par value of $ None, total retirable value $ None, Second preferred stock with total par value of $ None, total retirable value $ None, Capital notes and debentures of $ None, Common stock with total par value-of $25,000. MEMORANDA 31. Pledged assets (and securities loaned) (book value): fa) U. S. Government obligations, direct and guaran teed, pledged to secure deposits and other liabilities __ None (b) Other assets pledged to secure deposits and other liabilities (including notes and bills rediscounted and ’ securities sold under repurchase agreement $ 27,000.00 (c) Assets pledged to Qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure liabilities __ __ None (d) Securities loaned None (e) TOTAL - _$ 27,000.00 32. Secured and preferred liabilities: (a) Deposits secured by pledged assets pursuant to re quirements of law 27,000.00 (b) Borrowings secured by pledged assets (including re- £\\, discounts and repurchase agreements None & MC) Other liabilities secured by pledged assets None ^ (d) Deposits preferred under provisions of law but not secured by pledge of assets 13,752.83 t-M. <e> TOTAL - 1 $ 40,752.83 $3.* Subordinated obligations: . (a) Unpaid dividends on preferred stock and unpaid if interest on capital notes and debentures, accrued to end {' of last dividend or interest period, not included in lia- bilities or reserves above None other obligations not included in liabilities which “ Subordinated to claims of depositors and other cred- rs __ __ None On date of report the required legal reserve against sits of this bank was 22,604.81 its reported above which were eligible as legal rikJRye amounted to $322,476.97 Hanora C. Dorn, Vice President of the above-named bank, swear that the above statement is true, and that it fully l correctly represents the true state of the several matters herein contained Mid set forth, to the best of my knowledge and belief. ^ m HANORA C. DORN, Vice Pres. C0rrect-A%9t: A M. G. Dorn. 1, Hanora C. Dorn. G. J. Sanders, Jr„ Directors. [■ATE OF S6UTH CAROLINA, Cbunty of McCormick. \ >rn to and subscribedXbefore me this 15th day of July, 1944, hereby certify that I ani not an officer or director of this bank, commission ipcpires' at \he will of the Governor. ^ Ro&ert. L. Dendy, Notary Public. '1 \ V “The proudest title the Army It CONSISTS of two simple words. Yet every soldier who’s worth his salt covets it. This title is simply: “Good Soldier.” It isn’t just happenstance that so many women in the WAC have earned this title—the proudest in the Army. For wherever Wacs are working, both here and overseas, there you find a job well done. And done with a spirit so gallant and fine that high Army officers everywhere say of the WAC... “They’re soldiers. Good soldiersP* "Good Sotdier " Good soldiers. • # ft Making strategy maps /or combat WOMENS ARM/ CORPS ► FOU FULL INFORMATION about the Women*a Army Corps, go to your nearest U. S. Army Recruiting Station. Or mail the coupon below. u - S. ARMY RECRUITING STati ^ 1703 Main q? STATI °N ss ”- pay, officer seleJ: ° ’ how they U re . •• teH,n sr * e,ect, on«, etc. ’ tbeir training, (w) Checking pf/ots to sad from war zones -PHONE iVO.. •w >' Is* * segment of the country would fail to relive the complications in the others. Today, 35 per cent of the com munities organized are under 10,- 000 population, and in the state of South Dakota, for instance, 130 out of 172 towns actively planning in conjunction with the committee | for economic development are un der 1,300 population. As a matter of fact, the com mittee for economic development’s field directors report that the small towns have exhibited espe cial enthusiasm in the postwar planning, with many of the wom en eager to lend a hand to provide j the opportunities for their loved ones to remain at home and not be compelled to leave to find employ ment elsewhere. With the committee for econom ic development merely offering guidance and acting as a clearing house for general information, public officials, business men, farmers, laborers and bankers in individual towns are organized in to a committee to study the post war economic possibilities of a community. Often enlisting the support of ruch social groups as the Victory aides of the Office of Civilian De fense, the committees then con duct &'..survey in the different neighborhoods to detrmine what the people plan to buy after the war, and whether they intend to pay cash, borrow or convert their war bonds. As a further clue to the financial position of the com- ; munity. a survey reveals the total of bank deposits, savings, debts, | loans, etc. As a vivid example of how a con sumer’s survey works out, one community’s study indicated that people in the town and surround ing countryside planned to buy a- bout one-half million dollars worth of automobiles after the war. Figuring on the basis of their 1940 business, the different auto dealers were able to estimate how many mechanics, salesmen and of fice workers would be needed to handle the postwar business vol ume. Other surveys reveal what a- mount of employment local indus tries plan to maintain in the light of postwar business prospects, and how many hands farmers intend to hire. In the event of a possible unomployment problem, investiga tion might be made into probabil ities fcr locating new industries in the community, such as crop pro cessors, or, then again. plans might be laid for a program of constructive public works under private contractors. As a result of organization work in Minnesoto, the postwar employ ment prospects for many commu nities have been tabulated, and in those which expect job shrotages, the state government reportedly has planned to locate public works programs to take up the slack and stimulate purchasing power, and therefore business, until the latter can absorb the available manpow er. Although this individual plan ning promises to relieve many ag gravating problems associated with particular communities, the smooth operation of the country’s transition from war to a peace time basis will finally depend upon the speed of industry’s reconver sion and the continued good in come of the U. S. farmer. In this respect, the committee for economic development has Stood for a prompt settlement of cancelled war contracts to provide industry with which to make nec essary readjustments for civilian production and to purchase new tools for manufacture. At the same time, the committee for eco nomic development has advocated an orderly disposal of surplus war- goods to avoid a glut of cheap goods on the market, which might interfere with normal distribution. They Are The Only EYES You Will Ever Have DR. R. W. ROPER OPTOMETRIST Ground Floor, Marion Bldg. Augusta, Ga. INSURANCE Fire Insurance And All Other Kinds of Insurance la* eluding Life Insurance. V'd . HUGH C. BROWN* W i McCORMICjK, S. €• J2