The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-10-26

/ airy 1st, 1876. He would not. promise, a.
was sometimes done to induce subscription:
to railroads, that the stock would pay large
or any, dividends. The whole OF say
$4,000 or $1,000 might, with all the sub.
scriptions to the periodical. be consumed
| in sustaining it for three years. Then
| the whole affair will have "pIayed out"
II would be the purpose of the pro.
iectoIs Of the enterprise to pay the
| cost Of each No. rs it might leave the
press; and this cost would include the edi-
tors wages aud, if practicable, compensa.
ton to writer's. This is the worst riew. III
the amount Of stock paid in should, with
payments Of subscribers to the periodical,
he sufficient to justify the investment of a
large part. and il, especially, this periodical
should become selt-suStaining in the course
OF 3 few years, then the stock might become
a dividend.paying stock. But this is honestly
not promised. AS suitable name for the pc
riodical, representing its character, he bad
proposed The Reformed Churches Re.
ric,c."
He closed by earnestly invoking the co0pe.
ration Of members Of the Synod. both min.
listers and elders, 10 aiding not only by sub
scriptiops to the proposed periodical, but
also by taking shares Of stock. OF
this he could say ten shares had
already been taken by one gentleman.
he did not doubt that this Synod could sup.
ply contributors both in ability and in mum.
berS fully adequate to sustain trSt.class Pc
riodical of the kind desired. And then we
may Npect-indeed, have good reasons for
confidently eNpectine-the cooperation Of all
writers in other Synods and in the Reformed
Church. II is also proper to say that from
this Church there is reason also to hope for
pecunisry aid also.
Some questions having been raised on the
feasibility OF sustaining two such periodi
Gals, and also on the seeming opposition TO
the Southern Presbyterian Rerie,c which
this enterprise is thought TO present, to the
first question be replied by abiding to
the fact that the proposed Recie,o will
occupy distinct field, not now fully sup
piled, the boundaries of which are defined
by the extent Of Calvnistic and Presby-
terian churches of every phase throughout
the country. TO the latter he said he had
assurances from q long-tried and leading
member Of the Association, conducting the
Southern Presbyterian Recieu, that our
scheme was regarded by him as one of great
importance, which he would aid to The e:i-
tent OF his power; and that so far from re-
~'t u'"S 1t as u ilTai, calculated 10 lp)uFe tue
Southern Presbyterian Reuie,r, he believed
our success would rather promote that OF
the Southern Presbyterian Recie,o by in
citing the zeal and efforts of its special
friends, and that he fully and cordially well
coined Us to the work. AS to propositions
for union with that Repie,r DR.. Smith said
that We were not in position to make over
lures, but its proprietors had reason to
know, if desirable, we are ready to receive
propositions. But all this is now premature.
We now wish to secure subscribers and sub
scriptionS to take stock.
Mote by Rcporter.-This report of Dr..
Smiths remarks includes the answers,
questions, and suggestions after the address
had been made