McCormick messenger. (McCormick, S.C.) 1902-current, July 27, 1944, Image 2
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. ۥ J2