Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1879-03-20
The Diocesan Debt.

The enormous debt of from 5000, OOV
to &c, ,OOO, 900 acquired by Archbishop fu[-
cell. of Cincinnati, it is said, upon hlgh
Catholic authority, will every cent De
Maid. the money to be raised by contrlbu-
tions. This will be heavy job of beg |
oing. but the members of no other relig- /
ious sect on earth, viii comply with the
priestly demands upon them for pecuni-
ary aid, as readily as the believers in the
Catholic teachings. In reference to the
payment of the debt the Cincinnati Cath
olic Telegraph says:
Great as is the debt of the diocese, there
is not and there must not be the faintest
whisper of reputation. Justice, honor,
the spOtless name of the Arch bishop of
Cincinnati, the future welfare and sacred
interests of religion all demand the pay
ment of dollar for dollar. 1t is true, as
| the Treasurer Of the Board of Trustees
and his clerks positively assert that more
than two millions of this debt is the COM
] pound interest accruing from the orig
| inal deposits with the financial agent OF
| the diocese. It would not, therefore, De
| very generous act on the part OF the
3. 600 creditors to cancel willingly all their
i present claims, except the amounts they
actually deposited. This would reduce
the debt to half its present figure, proba-
/ DIV 10 even a 6nldAlCL oAb w sAAOSO
unwilling to release the diocese from the
payment of the interest; to those
who ask for all that can be legally claim
ed, we say frankly and confidently, trust
ing in the love of the clergy and laity of
this diocese for their religion, trusting in
the charity of the Catholics in this coun-
try, trusting in the deep pathy which
Cardinal MeCloskey and the Bishops OF
the United States have manifested for Us
in our misfortunes, styou ought and shall
be paid every cent. "By the legal assign
ment which has been made, the Arch
z bishop does not propose to do what such
= a legal instrument would allow in ordi-
nary business-that is to pay to the cred.
itors pro rata what the assigned would
properly bring. No such thought has
been entertained for a single moment
0 The object of the assignment was the pro
r lection of the patient creditors against
| the noisy and ciamOrOus and violent WhG
entered suits to obtain advantage owe
the more deserving. The Catholic Churel
: never repudiates. 1t may take years Il
It wipe out this heavy debt, though our faitl
e infthe generous help of 5000, 900 oul
a brethren anticipates speedy extinction
But whether it. be by labor of few o.
: many years the debt will be liquidated Il
the last cent. This is the conviction
more than this, it is the determination o
q the mass of Catholics of this diocese
a which the faintheartedness and despon
dency of few can never snake. Unde
u their Bishops, many of whom have sen
e letters of the deepest, most touching sym
Y pathy to the venerated head of this dio
= cese, the Catholics of the whole country
: poor and rich alike, will soon form them
9 selves into vast army of charity. Hun
y dreds of thousands of hands will b
n stretched forth to aid us. Our affiictio
will be regarded as their own by catholic
in every part of this country.
The wave of charity beOinniuO her
will reach the shores of either ocean; il
8 music will be heard in the churches {
-. New York and San Francisco, and
= will wash out forever every imputatio
De of dishOnor and disgrace. The Catholic
E. of this diocese will do their part, and wi
l. for themselves by their own generosity
: right to be helped by their brethren. TT
payment of this debt will grandly illu
ne trate the truth of the words of the Apo
Sc tie of the Gentiles. tFThere remain the'
IN three, faith, hope, and charity, but IL
10 greatest of these is charity"