The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-18

x29S 1857 rs for personal scrvce-an annu II average
Of ST. 49, ~ does not appear That any particular
salary has been excessive; but the total Is heavy
charge upon the WORK Of the society. u appears
tnat In NJ single year has the busn Of the society
paid lts expenses. The committee tninh IL uniortu
nate that the reports To the society series OF
years were not framed so rs to make this fact eyt-
dent Tile man cause OF present embarrassment IL
very simple, and easily Inferred from tue summaries
OF finances; the business o. the societ has not paid
It's expenses. The society would be insoyent If cred
itors pressed thcr claims. The society Is perfectly
solvent ii II nave time To yet ITS out or
cumulated plates and publications. How 1t came
into TINS conllllOn Is evident; but some SPECIAL
reasons exist:-l. IL seems TO have been taken Tor
granted tna the great contributions or certain years
were 10 be Il permanent income, and the plans OF
the management were shaped accordingly. But,
III fact the society has never had q large income
from donations apart from the speciaities which
provlaentally came up. me ncreis e OF donations
was duel TO the interest In the slavery question:
2 10 Inc war work; D. 10 the treatments work.
But slavery died, the war ended the 1reedmen's
work went into other hands, anu the society was
left 10 lis ordinary constituency with It's three sec
retares It's expensive stan and It's always too costly
system.
the committee, IN devising means for the imme-
dlate relief OF the society, recommend that II should
be carried on by reducing expenses 10 the lowest
point; 10y dispensing with all o1lcers or employees
which shall dispense with the very heavy cost when
has heretofore been incurred; by sale, II neces
sary OF the lease OF l64 II mont street and much
OF us available assets as may be deemed necessary
that as IN ali effective business operations 1t is
proved that small lumber OF managers is the most
successful they favor reduction OF the Executive
Committee, and that the president should DC an
active ocer of the society and one VI the Executive
Committee. They further suggest such amendments
10 The constitution as shall carry their recommends
tons into practical effect.
minority report, submitted by Rev. A. Fl. Quint,
one Oh the committee, favored the directing or the
Executive Committee To discontinue all salaries ex-
cept an agent s. Tor the present. close up the busi
ness turn alt dts assets into money as fast as pract
cable; pay Its debts; invest the remainder and all
vested iegacies; and annually make grants OF the
income and any donations Without expense, ac-
cording TO the original understood pledges and
hnay, transfer the whole peculiar heid Tor the
Workings of sach society To the organization IN
New York.
After discussing at length the report OF the com.
mistee and nuuncal aiiars the society finally de-
cIded to continue Its organization.
The FIRST article IN the bylaws was adopted
motion was made then 10 strike out the prov
sion III the second article That majority Of the Exc
cuLlye Comulttee should consist VI laymen.
The motion was carried, and the article rs amended
adopted.
Articles g. A and were then adspred. and the
The following officers were chosen by BALLOT
President, William Z. Chaplin; Vice Presidents,
Edward 5. ToDey, J. Warren Merrill and s. T.
Snow; Secretary, Rev. l.. 5. Potwln; Treasurer. j.
Wyeth Colidge: Executive Committee. William G.
Chaplin, Rev. James b. Dunn Edward 5. Rand,
Joseph story ana William II. Wardwell; Auditors,
James Gordon and S. L. Snow.
Mr.. TObey pressed his resignation OF the ONCE OF
vice president, OIt the consideration OF the question
was deferred until the adjourned meeting, TO be
held In the same place on Tuesday, the 18th Of
December.
Adjourned.