Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1874-03-13

Of it. He said he would make statement
to show how much there was in this view
and that it was not correct. The gross
income of the institution was $4,000, and
the clear profits $4,000 per annum. OF
these profits he gave the Conference
through their trustees, As per cent. 49,
30O,) and out of the &c. 0U remaining, he
had to secure his own income after losing
all the bad debts which might be put at 10
per cent. of the gross income, ($3, 4O0, J
which would leave $500. His contract
assumed that he should lose all the bad
debts, and the Conference trustees, got
its share of the profits in cash whether the
money was collected or no.. 1t wasa ard
bargain. and if the Institute ran short Of
paving its expenses, his contract required
him to bear any loss himself-Conference
not assuming one dollar of losses. There
had been another, he did not know how it
got abroad, that the property would event.
ually come into his personal possession
So far from that, the title to it was in the
names of tile trustees, and the personal
property, furniture, &c, was in the same
name. lie did not own $25 worth OF the
property on that beautiful hill where the
insti ute is situated. When the bargain
was beingmade for the purchase OF the pres
ent building, the owner wished 20 sell II
to him personally, but he refused. He
never wished to possess the property, and
only wished that when he should die, he
should leave that monument standing OF
successful work for God. for it was a work
for God. He had no selfish wish, no
thought of self ACKNOWLEDGEMENT connected
with it, as He who only can read the
human heart knew.
Mr. Harris made u very eloquent address
at the conclusion of which there were nu.
merous EXPLANATIONS Of "God bless you,..''
:'God speed you in your work, - Amen,
&c.
Elder Waugh gave an account OF how
little Mr. Harris had to start with, notfl-
ing but building and little furniture,
and said that Mr. Harris personal credit
had to be used, without which the down
payment for the house could not have been
made.
The report of the educstlonaf committee
was adopted.
OTHER FEMALE COLLEGES.
Mr. Gilbert spoke of the West Va Fee
male Seminary, Which was very successful
and pays its own way.
DR. Cox gave a good account of the
Montgomery Female Institute, which he
said had an able corps Of professors. He
spoke earnestly of the value Of female ed
ucation and its religious effect. 1t Was
meet that woman, who first led man
away should be the foremost in leading
MIN back to righteousness.
Indignation in the ladies' gallery.]
Mr.. Carson gave Il most encouraging ac-
count of the Valley Female College.
Adjourned at O'Clock till O'Clock.
AFTERNOON SESSION.
The report of the Publishing Interest
was received and adopted, with a resolu-
tion that the ministers will try and sell
800 worth of the books of the Nashville
Publishing House and remit the money in
80 days if possible. The management of
the Nashville Publishing House was COM
mended and also the Baltimore Book and
Publishing House. The Nashville ''Ad-
vocate,' Baltimore " Episcopal Methodist y
and Southern Review" were commended
to members of Conference
REPORT OF THE JOINT BOARD OF FL
NANCE.
The report of the Joint Board of Fl
nance was received and adopted The fol-
lowing are the receipts from the districts
as reported