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PAGE TWO
THE JACKSON HERALD
$1.50 A YEAR IN ADVANCE Official Organ of Jackson County
PUBLISHED WEEKLY John N. Holder Editor
Entered at The Jefferson Post Office Mrs. John N. Holder Asso. Editor
As Second-Class Mail Matter JEf FERSON, JACKSON COUNTY, GA.
A L OSN G THE
•to
The war news in recent days has been
glorious. It now seems that the conflict
with Germany is nearly over. After the
defeat of Germany has been accomplish
ed, then Japan must be finished. Already
the armed forces have wrested several
Islands from Japan—New Guinea, New
Georgia, Tarawa, Saipan, Salerno, Iwo
and others, and have regained the Phil
ippine Islands, but the main island is yet
to be conquered. This will be done. Just
how long it will take, even the best mili
tary experts cannot correctly predict.
When our soldiers, sailors and Marines
have finished this task that has been so
Herculean, whipping Germany and Ja
pan, and turn their faces towards Amer
ica, there will be rejoicing and happiness
in the Army and in thousands'of homes.
The melancholy thought, however, is that
some will never return. They have paid
the supreme sacrifice and their bodies
will forever rest on foreign soil.
* * * *
Paul Stevenson is now editor of his
own paper, “The Georgia State Report
er,a monthly magazine, reporting the
economic and political news of Georgia.
Concerning the publication he says:
“We are launching this publication,
“The Georgia State Reporter,’ because
we believe there is an urgent, vital and
crying need for an independent editorial
voice in this state. Not a voice for the so
called corporate interests; not a voice
for the rabble or mob; not a voice to
praise factional politicians, but a voice
that will speak out courageously on pub
lic questions of the day and advance
opinions that improve the welfare of the
masses of the people of this state.’
Paul Stevenson is one of Georgia’s old
est and best newspaper writers. For 25
years, the writer has known him and has
had occasion to make observation of his
activities in journalism. He is not only a
writer of ability with the power of ana
lysing a business or political situation
and correctly interpretating news, but he
is a man of sincerity, candor and cour
age. Any cause he may espouse he be
lieves is right and any candidate he may
advocate, he is convinced would render
the best of service to his country. He re
joices in the success of his friends, but
seeks no reward, nor honor for himself,
and he deeply sympathizes with his
friends in failure or defeat and will go
with them though the way may lead
through the valley of darkness and tribu
lation. He was never known to double
cross or forsake a friend. 'lt can be said
of him, “To thine own self be true, and
as sure as the night follows the day, thou
can not be false to any man.”
* * * *
Three baby carriages were in front of
Moore & Ellington’s Drug Store. One
contained the infant daughter of Dr. and
Mrs. J. R. Ellington, one the son of Mr.
and Mrs. Billie Hardy and the other the
son of Mr. and Mrs. Bobbie Hardy. These
carriages were impelled not by nurses,
tout by mothers of the young off-springs,
they seemed very happy in caring
for these future citizens of our country.
The father of the first named was filling
prescriptions and rendering an important
and essentia] service, while the fathers of
the tv o baby boys are in military service,
fighting our country’s battles.
**’ ¥ *
While on the subject of babies this
story may be related: Two ladies came
into our office a few days ago, one of
whom carried a little baby in her arms.
Tne lady was small of stature and the
thought she was the daughter
y >/v 0V t —o o fyotlg.
acting some business with this office
THE JACKSON HERALD, JEFFERSON, GEORGIA
WAY....
The writer looked at the tiny morsel of
flesh and blood and inquired its age ancl
the answer was, “Six weeks.” The older
lady was then asked if that was her baby.
“No,” she said. “The lady carrying the
baby is the mother.” It was a surprise, as
the mother seemed only a child
herself. The older lady continued,
“The baby is a boy and the mother has
five other sons just a little more than a
year between their ages.” “Yes, I have
six boys. I have given this one the full
name of his father, Herbert Lee Crumley,
who died before this son was born.” She
has a great responsibility resting on her,
but she is meeting it apparently with
complacency and courage.
* * * *
One thing this writer opposes and that
is for any parents to strike the flesh of
their children with a switch or to bruise
it with the hand. For a father in particu
lar to administer corporal punishment to
his child has always been repugnant to
the writer. The use of the lash on convicts
has been abolished. Why give them
greater consideration and protection
than children? Some years ago the writer
expressed himself on this subpect to W.
L. Pierce, at that time Presiding Elder of
the Gainesville District. He said, “I agree
with you, but there are some exceptions
to the rule. Not long since a mother invit
ed me to her home to baptize her child.
I accepted the responsibility and started
to perform this sacred service. The child
knocked the water from my hand, pulle.d
at my tie and scratched my face where
upon I said to the mother: ‘Dear Sister,
this child does not need baptizing. He
should have a good spanking.’ ”
* * * *
The next day after seeing the babies
in front of the drug store, the writer met
some whose childhood days are in the
“Auld Lang Syne,” J. V. Alexander, a
loyal and good citizen; W. D. Holliday,
one of the students the writer met the
first day he entered Martin Institute; V.
A. Niback, an old friend and school mate
at Academy who was the leader of all
the school children and an athlete of
note; R. B. Maxwelll, with whom the
writer, when a school boy, ate many good
meals and spent many pleasant nights.
These have passed; or almost reached,
four score years. Also, on that same day
the writer came in touch with his old
school friend ancl former business as
sociate, J. L. Bailey. Then he experienced
a glad surprise in seeing in town, S. L.
Tolbert. These men were all born and
reared in Jackson County and have re
flected credit on the county by being use
ful, upright and honorable citizens. May
Heaven’s blessing continue to rest upon
each one of them is our sincere and earn
est prayer.
Tom P. Davis sells something pro
duced on his farm all along through the
year. Sometimes, it is milk cows, some
times mules, then again it is pigs, sweet
potatoes, syrup, wheat, lespedeza seed,
etc., all in addition to his cotton crop.
Mr. and Mrs. Davis have a nice home
where grows abundance of fruit and
many other good things to eat. They have
13 children, all of whom are away from
home looking after their own affairs ex
cept the two youngest who are still in
school. All the children have given
a high school education. Their expenses
have been paid with the products of their
farm. Mr. and Mrs. Davis take an active
interest in public matters and are doing
a good part on the home front. They are
buyers of bonds and cooperate with ef
forts for Red Cross and other war activi
fiGQj Th-V or*r| oopo in
the world conflict.
LeTOURNEAU SALES
FOR ’44 HIT RECORD,!
BUT EARNINGS FALL
Sales of $42,209,624 set an all
time record and earnings were -2,-
151,738 in 1944 for R. G LeTour
ncau, Inc., Peoria, 111., Toccoa, Ga.,
Vicksburg, Miss., and Stockton,
Calif., manufacturer of heavy earth
moving and lifting equipment, the
company has announced in its an
nual report, issued this week.
The 1943 figures were $36,174,498
and -2,185,759. Thus, while sales in
1944 were 16.7 per cent greater than
the preceding year, earnings were
1.6 per cent less. The earnings were
5.1 per cent of 1944 sales as com
pared to six per cent earnings on
1943 figures.
Both sales and earning figures for
1944 were determined after tenta
tive provision of -5,000,000 was
made for renegotiation of war con
tract prices. In 1944, LeTourneau
did not sub-contract any end prod
ucts, and all sales are therefore
based on 100 per cent manufacture
of LeTourneau’s own products,
within its own plants.
Federal income and excess profits
taxes reduced earnings for 1944 by
$3,759,500, as compared to $3,337,-
000 in 1943. The firm also provided
$891,522 in state and other federal
taxes. This total tax was $4,651,022,
the company’s financial contribu
tion toward the cost of war and
maintenance of our government.
The total tax is equivalent to
$816.40 per employee, or 30 cents
for every dollar paid to employees,
or $8.15 for each dollar of dividends'
paid, or $2.16 for each dollar of net
earnings. These amounts do not in
clude $1,634,550 of with-holding and
social security taxes deducted from
earnings of employees and paid to
the government.
“During the war, we hope we
can continue substantial amounts to
help win the peace,” the company
states. “After peace is won, how
ever, we shall look forward to a re
laxation of tax burdens and a re
turn of the incentive spirit in Amer
ica .. . with opportunity to do busi
ness in a fair competitive market
that will enable us to use our own
nigenuity to increase the income of
employees and stockholders.”
Materials and wages, respectively
41 per cent and 34 per cent, oc
cupied the highest portions of the
1944 LeTourneau sales dollar. The
total LeTourneau supplies bill was
$20,060,226 for materials, supplies
and machinery for LeTourneau
plants at Peoria, Toccoa, and Vicks
burg. The firm is the world’s largest
user of big pneumatic tires, and
ranks high as a purchaser of steel,
bearings and diesel engines. The
company purchased 15,000 items
from 3,316 national suppliers in
1944, and contributed almost $1,000,-
000 to the transportation industry
j alone. A total of $14,472,589 was
1 paid out in wages by the company
in 1944 of which amount $3,926,315
was paid out by the Toccoa Plant
alone. This compares to $14,048,364
for 1943, with $3,904,912 for the
Toccoa payroll. Absenteeism and
turnover figures, including all
phases, were consistently lower
than the national rates.
During the past year a retirement
income plan was introduced for em
ployees in all LeTourneau plants.
The company is setting aside ap
proximately $1,000,000 so employees
will get full credit toward this plan
for all past service to the firm.
Since war began, 2,139 LeTour
neau employees, including 16 wom
en, have entered the armed forces.
R. G. LeTourneau, Inc., believes
its 1944 sales reflects the ever-steady
reliance of the armed forces on Le-
Tourneau earthmoving and lifting
equipment, further evidence of the
importance to both victory and post
war peace of Tournapulls, Carryall
Scrapers, Cranes, Dozers, and simi
lar items.
Military requirements of the
armed forces continue to take most
of LeTourneau's production. Unfill-
I ed orders at December 3’ amounted
to about $25,000,000. Meanwhile, a
Contract Termination Operating
Committee stands ready to handle
all details whenever peace -and
terminations occur.
The American Road Builders As
sociation states $3,000,000,000 must
be spent annually in the postwar
years, compared to approximately
$1,000,000,000 so spent in 1940. Ap
proximately 20 per ecnt of the $3,-
000.000.000 is earmarked for all
types of construction machinery.
LeTourneau rubber-tired, high speed
rigs are expected to share in such
tion. in off-track railroad activities,
THINGS ARE HAPPENING
Talk to your parents and grandparents. They can tell you of days
gone by—when there were no cars, no radios, no telephones, no electric
lights or appliances, no movies.
Ask them about the World War—maybe one of your grandparents or
great grandparents can tell you about the Civil Wftr. Anyway, we’ll bet
they can tell you some exciting tales of days long ago.
Then, look about you. My, how times have changed! If all these
things have happened during your parents’ and grandparents’ life, just
think of what is going to happen during your life! Reslove to observe
what is going on about you every day. Anew history is in the making!
Don’t miss it! Wonderful things are happening in the world of machinery
and electricity. Televisin is almost perfected. Another world war is going
on with new developments every day. History? Well, you just keep your
eyes and ears open and you’ll have plenty to tell your children and grand
children!
SO MUCH TO DO, SO LITTLE DONE
How many of us feel at the end of a day as did Cecil Rhodes, when
he wrote, “So much to do, so little done'” Time will not permit us to do
all the things we should like to do. Something must be left undone.
Thousands of books in the library invite our reading, but it is impossible
to read them all. Hundreds of duties clamor for performance, but we can
not attend to them all. Scores of meetings call for our attendance, but
if we went to them all, we should have time for nothing else. Countless
demands are made upon our time, but obviously we cannot answer all.
There are “things we should choose to leave undone.”
in all industries, in general earth
moving and heavy lifting and in
many additional, world-wide mark
ets formerly dominated by trucks,
shovels and crawler equipment.
Particularly aware of these facts
is the exclusive sales distributing
organization established by R. G.
LeTourneau, Inc., in 1944. Today,
the company reports, it has 61
young, vigorous, loyal, enthusiastic
and well-trained exclusive distrib
utor groups more than well prepar
ed to carry LeTourneau’s expanding
line into postwar competition, in
which it expects to win its full
share of business.
The LeTourneau Company of
Georgia with plants at Toccoa, Ga.,
Vicksburg, Miss., manufacture Car
ryall Type Scrapers, Tournapulls,
which are large, two-wheeled pneu
matic tried tractors, Rooters, used
in breaking hard clay and rock,
Sheepfoot Rollers, used in compact
sizes from 1 to 60 tons lifting ca
pacity, and many other specialized
machines. All production at the
present is taken by the armed
forces.
Charter No. 9039. Reserve District No. 6.
REPORT OF CONDITION OF
THE FIRST NATIONAL BANK OF JEFFERSON
In the State of Georgia at the close of business on March 20, 1945,
published in response to call made by Comptroller of the Currency, under
section 5211, U. S. revised statutes.
ASSETS
Loans and discounts (including $1,794.54 overdrafts) $155,865.12
United States Government obligations, direct and guaranteed 120,800.00
Obligations of States and political subdivisions 268,006.85
Corporate stocks, including stock of Federal Reserve bank 3,750.00
Cash, balances with other banks, including reserve balance^
and cash items in process of collection 682,036.29
Bank premises owned $5,000.00, furniture and fixtures SI.OO 5,001.00
Real estate owned other than bank premises 1.00
Other Assets 170.90
Total Assets 1,235,631.16
LIABILITIES
Demand deposits of individuals, partnership, and
corporations 917,619.74
Time deposits of individuals, partnerships, and corporations 58.24
Deposits of United States Government (including postal
savings 825.00
Deposits of States and political subdivisions 147,525.99
Other deposits (certified and cashier’s checks, etc.) 1,512.34
Total Deposits $1,067,541.31
Other liabilities 14.47
Total Liabilities 1,067,555.78
CAPITAL ACCOUNTS
Capital Stock:
| Common stock, total par $ 50,000.00
j Surplus 75,000.00
Undivided profits 33,075.38
Reserve (and retirement account for preferred stock) 10,000.00
Total Capital Accounts 168,075.38
Total Liabilities and Capital Accounts 1,235,631.16
MEMORANDA
Pledged assets (and securities loaned) (book value):
United States Government obligations, direct and guaran
teed, pledged to secure deposits and other liabilities 20,000.00
Other assets pledged to secure deposits and other liabilities
(including notes and bills rediscounted and securities sold
under repurchase agreement) 22,670.00
Total 42,670.00
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements
of law . 125,742.96
Total 125,742.96
State of Georgia, County of Jackson, SS:
I, J. F. Eckles, cashier of the above-named bank, do solemnly swear
that the above statement is true to the best of my knowledge and belie!
J. F. ECKLES, Cashier.
Sworn to and subscribed before me this 27th day of March, 1945.
J. B. Ammons, Jr., Notary Public, Jackson County, Georgia.
Correct —Attest: J. C. Turner, H. L Mobley, H. E. Aderhold, Directors.
THURSDAY, APRIL 5, 1945
FAT SALVAGE
Jackson County’s 4,783 families
can will an entire day’s medical
needs of 1,794 battle front casual
ties if each home will save one
tablespoon of waste kitchen fat, it
is estimated by the nation’s largest
single collector of this vital war
material.
“There are few direct ways a
wife, mother or daughter can help
safeguard the life of a* loved one
at the fighting front, and salvaging
used fats is one of them,” said the
collector. “The value of the 9,128,000
pounds salvaged by our customers
throughout the nation last year is
evident in the fact that a single
pound of fat will process about 260
quarts of life-giving blood plasma.”
The increased tempo of the war
has intensified the need for drugs,
ointments and acids to ease pain
and lessen mortality among our sol
diers as well as for synthetic rubber,
protective coatings and other vital
war materials in which waste fats
figure. The OPA has continued its
offer of red ration points for each
pound of grease turned in at stores.