The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-02-11
METHODIST BOOK CONCERN.
Annual Report of the Boek Committee--C Com
a plete ENonerntion of the Officials of the Con-
cern from NH Charges of Fraud

Annual Report of the Book Committee Com
4 plete EXOnerntion of the Officials of the Con-
frem NH Chnrges of Fraud.
The Book Committee of the Methodist Epis-
copal Church, which has been in session at the
Mission Building in New York during the last
two weeks, adjourned sine die at o'clock yes
terday afternoon, after adopting the subjoined
report which will be read with profound into
rest and qualification by all Methodsts and
friends of Methodism.
The committee consists of the following fif-
teen members, all of whom were present
throughout the session, except the Rev. ii. Ban
mister, who is in Europe, and the Rev. G. w.
Maltby, who was obliged TO return home by rea-
son of sickness;-
James Pike, OF New Hampshire Conference; G.
yauceye of Newark Heprg scey r. Of 81
Baltimore Conference; /. S. Bingham, OF Black
River Conference; James Irwin, OF Central New
ence; j. r. Kennedy, OF North Ohio Conference; B.
+. Rawlins OF Indiana Conference; +. A. Blades, of
Detroit Conference; II. Bannister, OF Wisconsin
Conference; Cyrus Brooks, OF Minnesota Confer
ence; l. M. Vernon, OF ST. Louis Conference; j. IL.
Moore of Illinois Conference; j. Rothweller, or Cen
trail GermanG Conference.
The report is as follows:-
To the Annua, Conferences OF the Methodist
Episcopal Church.-Rev. Fathers and Brethren:-On
the 4th OF November, 1869, the Book Committee met
at No. sos Broadway, New York, In annual session,
and entered regularly upon the transaction OF its
usual business, all OF which was satisfactorily done.
But during the session Of the committee matters Of
peculiar interest, touching the credit and sovency
OF the BOOK Concern, were brought 10 Its notice.
Painful rumors on this subject had already gone
abroad, and had awakened much socitude through
out all our borders.
After two weeks OF thorough search for truth, the
committee reached the conclusions herein set
fOrth:-
/. On the question, 'In respect TO the manage
merit or conduct OF the agents, either OF them,
has there been any fraud corruption in the Book
Concern 2" the committee were unanmousin In giving
an answer in the negative.
O. ON the question, 'Has there been anything
fraudulent corrupt In the practice or conduct OF
any employe in the Book Concern so far as the
printing department is concerned ~ the committee
voted eleven in the negative TWO OF the committee
declining TO vote.
fraudulent or corrupt In the practice conduct OF
any employe in the Book Concern in respect to the
bndery department?" the committee fully deliber-
ated, and decided in the negative by vote OF nine
TO four
The amount OF profits have been S95f, IS, which
have been appropriated as foll0ws:-
Paid amount due the Church, South prn-
cipa and interest. tlSs9lS'O3
Paid Bishops salaries and travelling eX-
penses, and General Conference appro-
pratoDs and expenses ..........,..... o49,s2foi
Paid dividends 10 Annual Conferences. 4O,4OOO0
Balance added 10 the capital stock. 5IO,O92 90
Total profits as above ve............. .S954, 235 80
Average yearly profits. .,,............. lBSI6'J2
Itshould be borne tn MIND that the PERIOD above