POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any Registration
Statement on Form N-14, and any and all amendments thereto (including
pre-effective amendments) filed by California Daily Tax Free Income Fund, Inc.,
Connecticut Daily Tax Free Income Fund, Inc., Daily Income Fund, Daily Tax Free
Income Fund, Inc., Delafield Fund, Inc., Florida Daily Municipal Income Fund,
New Jersey Daily Municipal Income Fund, Inc., Pax World Money Market Fund, Inc.
and Short Term Income Fund, Inc. (the "Funds") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all instruments which
such attorney and agent deems necessary or advisable to enable the Funds to
comply with the Securities Act of 1933, as amended, the Investment Company Act
of 1940, as amended, the rules, regulations and requirements of the Securities
and Exchange Commission, and the securities or Blue Sky laws of any state or
other jurisdiction; and the undersigned hereby ratifies and confirms as his own
act and deed any and all that such attorney and agent shall do or cause to be
done by virtue hereof.



                                                           /s/ Robert Straniere
                                                           Robert Straniere
<PAGE>



                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any Registration
Statement on Form N-14, and any and all amendments thereto (including
pre-effective amendments) filed by California Daily Tax Free Income Fund, Inc.,
Connecticut Daily Tax Free Income Fund, Inc., Daily Income Fund, Daily Tax Free
Income Fund, Inc., Delafield Fund, Inc., Florida Daily Municipal Income Fund,
New Jersey Daily Municipal Income Fund, Inc., Pax World Money Market Fund, Inc.
and Short Term Income Fund, Inc. (the "Funds") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all instruments which
such attorney and agent deems necessary or advisable to enable the Funds to
comply with the Securities Act of 1933, as amended, the Investment Company Act
of 1940, as amended, the rules, regulations and requirements of the Securities
and Exchange Commission, and the securities or Blue Sky laws of any state or
other jurisdiction; and the undersigned hereby ratifies and confirms as his own
act and deed any and all that such attorney and agent shall do or cause to be
done by virtue hereof.



                                                      /s/ Dr. W. Giles Mellon
                                                       Dr. W. Giles Mellon
<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any Registration
Statement on Form N-14, and any and all amendments thereto (including
pre-effective amendments) filed by California Daily Tax Free Income Fund, Inc.,
Connecticut Daily Tax Free Income Fund, Inc., Daily Income Fund, Daily Tax Free
Income Fund, Inc., Delafield Fund, Inc., Florida Daily Municipal Income Fund,
New Jersey Daily Municipal Income Fund, Inc., Pax World Money Market Fund, Inc.
and Short Term Income Fund, Inc. (the "Funds") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all instruments which
such attorney and agent deems necessary or advisable to enable the Funds to
comply with the Securities Act of 1933, as amended, the Investment Company Act
of 1940, as amended, the rules, regulations and requirements of the Securities
and Exchange Commission, and the securities or Blue Sky laws of any state or
other jurisdiction; and the undersigned hereby ratifies and confirms as his own
act and deed any and all that such attorney and agent shall do or cause to be
done by virtue hereof.



                                                           /s/  Dr. Yung Wong
                                                            Dr. Yung Wong
<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any Registration
Statement on Form N-14, and any and all amendments thereto (including
pre-effective amendments) filed by California Daily Tax Free Income Fund, Inc.,
Connecticut Daily Tax Free Income Fund, Inc., Daily Income Fund, Daily Tax Free
Income Fund, Inc., Delafield Fund, Inc., Florida Daily Municipal Income Fund,
New Jersey Daily Municipal Income Fund, Inc., Pax World Money Market Fund, Inc.
and Short Term Income Fund, Inc. (the "Funds") with the Securities and Exchange
Commission under the Securities Act of 1933, as amended, and under the
Investment Company Act of 1940, as amended, and any and all instruments which
such attorney and agent deems necessary or advisable to enable the Funds to
comply with the Securities Act of 1933, as amended, the Investment Company Act
of 1940, as amended, the rules, regulations and requirements of the Securities
and Exchange Commission, and the securities or Blue Sky laws of any state or
other jurisdiction; and the undersigned hereby ratifies and confirms as his own
act and deed any and all that such attorney and agent shall do or cause to be
done by virtue hereof.



                                                        /s/ Edward A. Kuczmarski
                                                        Edward A. Kuczmarski



<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any and all amendments
thereto (including pre-effective amendments) filed by California Daily Tax Free
Income Fund, Inc., Connecticut Daily Tax Free Income Fund, Inc., Daily Income
Fund and New Jersey Daily Municipal Income Fund, Inc. (the "Funds") with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
and under the Investment Company Act of 1940, as amended, and any and all
instruments which such attorney and agent deems necessary or advisable to enable
the Funds to comply with the Securities Act of 1933, as amended, the Investment
Company Act of 1940, as amended, the rules, regulations and requirements of the
Securities and Exchange Commission, and the securities or Blue Sky laws of any
state or other jurisdiction; and the undersigned hereby ratifies and confirms as
his own act and deed any and all that such attorney and agent shall do or cause
to be done by virtue hereof.



                                                            /s/ Albert R. Dowden
                                                            Albert R. Dowden



<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any and all amendments
thereto (including pre-effective amendments) filed by California Daily Tax Free
Income Fund, Inc., Connecticut Daily Tax Free Income Fund, Inc., Daily Income
Fund and New Jersey Daily Municipal Income Fund, Inc. (the "Funds") with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
and under the Investment Company Act of 1940, as amended, and any and all
instruments which such attorney and agent deems necessary or advisable to enable
the Funds to comply with the Securities Act of 1933, as amended, the Investment
Company Act of 1940, as amended, the rules, regulations and requirements of the
Securities and Exchange Commission, and the securities or Blue Sky laws of any
state or other jurisdiction; and the undersigned hereby ratifies and confirms as
his own act and deed any and all that such attorney and agent shall do or cause
to be done by virtue hereof.



                                                      /s/ Carl Frischling, Esq.
                                                        Carl Frischling, Esq.



<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any and all amendments
thereto (including pre-effective amendments) filed by California Daily Tax Free
Income Fund, Inc., Connecticut Daily Tax Free Income Fund, Inc., Daily Income
Fund and New Jersey Daily Municipal Income Fund, Inc. (the "Funds") with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
and under the Investment Company Act of 1940, as amended, and any and all
instruments which such attorney and agent deems necessary or advisable to enable
the Funds to comply with the Securities Act of 1933, as amended, the Investment
Company Act of 1940, as amended, the rules, regulations and requirements of the
Securities and Exchange Commission, and the securities or Blue Sky laws of any
state or other jurisdiction; and the undersigned hereby ratifies and confirms as
his own act and deed any and all that such attorney and agent shall do or cause
to be done by virtue hereof.



                                                       /s/ William Lerner, Esq.
                                                       William Lerner, Esq.



<PAGE>


                                POWER OF ATTORNEY

            KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Christine Manna, Anthony Pace and Richard De Sanctis,
and each of them, with full power of substitution, as his true and lawful
attorney and agent to execute in his name and on his behalf, in any and all
capacities, the Registration Statement on Form N-1A, and any and all amendments
thereto (including pre-effective amendments) filed by California Daily Tax Free
Income Fund, Inc., Connecticut Daily Tax Free Income Fund, Inc., Daily Income
Fund and New Jersey Daily Municipal Income Fund, Inc. (the "Funds") with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
and under the Investment Company Act of 1940, as amended, and any and all
instruments which such attorney and agent deems necessary or advisable to enable
the Funds to comply with the Securities Act of 1933, as amended, the Investment
Company Act of 1940, as amended, the rules, regulations and requirements of the
Securities and Exchange Commission, and the securities or Blue Sky laws of any
state or other jurisdiction; and the undersigned hereby ratifies and confirms as
his own act and deed any and all that such attorney and agent shall do or cause
to be done by virtue hereof.



                                                           /s/ James L. Schultz
                                                             James L. Schultz