The New York herald., 1875-10-01
THE EPISCOPAL CONVENTION.
THE BISHOPS ANNUAL ADDREss-How THE
FINANCIAL PANIC AFFECTED RELIGIoN-A

THE BISHOPS ANNUAL ADDREss-How THE
FINANCIAL PANIC AFFECTED RELIGION
CRY FoR MONEY ALL AROUND.
The Episcopal Convention met again yesterday
morning In st. Johns chapel Morning prayer was
said by the Bishop, assisted by Rev Messrs Snowden
Livingston and Rosecranz
Bishop Potter's annual address was presented; but
as he had given 4 general and detailed review Of tho
progress Of tho diocese for twenty years at the last
meeting Of the Convention he had very little to offer
in that line now The Bishop earnestly commended
private preaching as being more fruitful than public,
and gave Illustrations Of the same. He referred to
THE FINANCIAL CONDITION
of the country and its effect upon the work OF the
Church and its missions. This work could not be left
to the fluctuations Of finances 1t is sad that
there are millions OF money locked up here because
havo not confidence in each other to place it in
circulation. But here is work. and these
are times in which those who have abundance OF
means should hear the call and respond to the
and put their money where it do most good.
The missions of the diocese have been well sustained,
but the city missions have not been so. ST. Barnabas
House. which does so much good temporarily and
spiritually, is cramped for want of funds The man
ayers and the missionaries do their work WELL but they
ought not to be compelled to spend their time looking
for the means to carry on their work. The Bishop
referred TO the establishment of Italian mission in
New York since last convention and said that another
Italian priest ready enter the church for mis-
sion work OF the thirty places of worship in this city
for the 100000 Germans here only two furnished
by the Protestant Episcopal Church, and the Bishop
congratulated the Convention the founding of the
Church German Society supply this lack and to find
out and educate competent young for the ministry
Of the church among the Germans provide reading
and proper literature for the German masses
and to do similar mission work.
THE BISHOP OF NORTH CAROLINA
introduced and given seat beside Bishop Potter,
and the Convention by vote expressed It's pleasure at
his presence The clergy Of the diocese asked by
resolution read to their several charges Thanks
giving Day and the day preceding much OF the
Bishops address relates the fund for aged and
nnrm clergy of the diocese and TO encourage large
collection for this fund Trustees for this fund werG
elected pivd poce and members of the Standing and
Missionary committees were chosen by ballot, fol-
lows
Missionary Commttee-Drs. Beach, Swope Apple
gate, Clark and Wyatt and Messrs. H. Bruce A. B.
Mcdonald W. NJ. Kngsland, James Pott and 9. A. Hig-
gins, laymen.
Standing Committee-Drs. DIX Eigenbrodt, Tuttle
and W. i. Morgan, and Messrs. S. p. Nash, Lloyd
Wells, Hy. Drser and George McC. Miller, laymen.
The Missionary Committee reported that their re-
cepts during the year were $6,oS5 Is, and their ex
penditures 81, SIT, which, with the balance on hand
from last year. gives them balance of 81 227 eS in
the treasury, from which, however they will be obliged
to pay out 81, 800 about October l. The Convention
took recess Upon reassembllng Dr. Seymour pro-
sented the report of the Society for the Promo
tion of Religion and Learning from which
1t appeared that, Notwithstanding the dnan-
cial depression of the country tn society has
been sustained better than before Its income for
the past year was S6S o. OF which S604 90 we're con-
tributed by this diocese. One hundred and twenty
young men from different parts OF the country have
been kept in preparation for the ministry The society
Is of the oldest the diocese and has contributed
of its own funds to the objects for which was created
over SIS, ,000
The report of the committee on
THE EPISCOPAL FUND
showed that its capital fund amounts to $110 $50 co. OF
which $40 500 have been invested bond and mort
gage on unimproved real estate mortgage of $1,000
has been paid oil during the year The aggregate re-
cepts for the year Sl3 S04 ~ which sum has been
paid out or invested committee appointed to
award to the several parishes of this diocese such sum
as SHALL with the episcopal fund interest be sufficient
TO pay the bishop TO whom is paid $4,000
The report OF the fund for aged and nrm clergymen
showed the receipts to be S3 800 49, and the expend
tures $1 Ia 81 leaving balance in hand of 81 GOA ~
The aggregate amount Of this fund is SAB, 1877 73.
The reasurer's report showed receipts and expendi-
lures for printing, &c. Slo,2Ol Al He has now on
hand, So 400
The parochial fund receipts for the year amounted
to 81 Al 62 and the expenditures 1921 81 less, which
amount on hand So 600 OF its funds invested.
The report ST. Stephens College showed that "a
students were in attendance there last year Of
whom graduated. There are 10 in attendance at tha
present term, IL Of whom preparing for the min
istry and all but three are communicants. The city
missions report showed that they require $50, 900
year carry on their work, and yet all that they re-
ceved last year SIS 900, and, outside Of St. Bar
nabas House. little more than Sl2 600 For St Bar
nabas House S. 600 required but less than So 000
were contrbuted and the trustees obliged Ia
make up the deficiency by falling back the Home
fund, which, however, did not meet all their obliga-
tions But they call on the clergy and members Of the
Convention sustain this work and compel them
to close their institution.
A communication from the diocese Of Albany
read in which that diocese says II suffers because the
diocese or New York has not, according 20 promise,
made up it's Episcopal fund to the required 90
tain the episcopate in that diocese Tho hlnd "a
$37 500 which pays about half the Bishops saay aud
the balance made up by taxing the parishes half OF
which and the clergy Of the depend for aid upon
the missionary society Of tho diocese The report Of
the special committee of this diocese TO whom that
communication referred reported yesterday thai
no such promise that indicated made by the
diocese of New York; that when the
DIoCBSRs or ALBANY AND LONG ISLAND
set of from New York there idea of divid-
Ing the Episcopal fund between them, and that this
Convention has power TO divert this fund from tho
purpose for which il has been createdthe support OF
the epscopate in this diocese The OF 81, 433 col
lectcd in this diocese few years ago and amount
ing to 81 75g 70 Is here deposit subject 10 the draft
of the diocese OF Albany which mas refused neglected
to receive the same. The committee therefore
mend that further action be taken the communi
cation from the diocese OF Albany. Adopted.
Tho usual resolutions OF thanks were passed, after
which the Convention adjourned.