St. Paul daily globe., 1893-11-10

WeIG.. l,2O(,Ol2 W
Decrease for the year.. S60,7e4 Is
The amount for the year came from
the following sources:
Conference collections. 80. 81, 109, ,457 65
DecTedSe.. lU, 4oS Il
LegacleS. NEUTRALITY-SUSPICIOUS.. 72. 436 81
DecfedSe.. ............... 0U,242 Wy
Lapsed annuities. s........... 1900 90
IlcredSe. oUU w
Sundry receipts. ........ 12,714 rs
Decrease. aSe............ 5S3 35
In addition to the above figures the
treasurer has received, as authorized by
the general committee for contingent
appropriations, S1,149. "a, and special
gifts, S33, ,9l0. 50, in all S35, ,060. %. OF this
and the balance of such funds on hand
Nov. 1. 1892 (S11. OPS. 80, there has been
forwarded, as directed by the donors,
S35, 1878 Is, leaving $10,713.02 yet to be
paid
Balance in treasury Nov. l.
1872. 92................ ...... S4 ,373 "
Receipts from Nov. l, '92, to
Oct. 81, 1898 .......... 1,196,9S1 II
Total, ,..........s 81, ,24O, ,9S1 "a
Disbursements from Hov.1,
1892, to Oct. 81, 1893. ... 81, $50, ,245 10
Balance. cash debt of treas
ury. Oct. 81, 1898. ........ slO9, 1868 &c
Outstanding bill of ex-
change. ................ 1898 go
Total debt of treasury Oct.
81, 1898. 3............... s1ss,2O6 Sc
"Contingent appropriations" and "Spe-
cial Gifts
Treasury had on hand Nov.
I, 1892. ................... s11.o25 81
Received during the year.. $4,000 %
Total. Observation-Disclosures. s46,OS6 20
Paid from Nov. l, 1892 to
Oct. 81, 1S93 93............ 35.373 Is
Balance on hand. ........ SlO,713 O2
The report was not as gratifying as
that of last year. Then there was a
credit balance of $44, 900, while the fiscal
year ending in '94 starts out with an in
debtedneSs of 100000.
A resolution was offered appropriat-
81, 160,O50 for the mission fund, being
the same as last year.
The assembly was then addressed bv
DIR. Hunt, who in the course of his re-
marks said:
1--WE are confronted today with a con-
ditiOn which has never before existed
in the history of the church. We face
this year with cash debt of S109, ,OO0
The highest we have ever had before
was S6S.000. This cash debt must be
paid out of the appropriation this year.
We cannot look forward to next year in
the hope Of getting help, for next year
must take care of itself. 1t is a hard
thing at time when missionary work is
so successful to cut down any appropri-
alton, but it is also hard TO be burdened
with pressing debt. l ask the COM
mittee to consider carefully the finan-
clal condition of the entire country.
Last summer took no vacation, but
remained i'll the city to meet the debts
that were constantly falling due. Al a
time when New York business men
could not borrow money on the best COL
lateral L went to friends and had to Sc
cure money to pay drafts that were fall
ing due. II you make this large appro-
prlatlon this year you will increase the
debt which is already more than we can
carry. Other church societies, includ-
ing the American board, have adapted
their appropriations to meet the finan-
cial stringency which exists. ask this
committee to limit the appropriation to
S1,000,000."
A lengthy discussion then followed
on the resolution, which occupied the
ONiohSCOA llC lllOi uiti5 oCSolOus DIoHOp
Fitzgerald urged that the amount be
fixed at S1,279,050. This was opposed
by Bishop Fowler, DR.. Buckley, DR..
CranSton and others.
Bishop FosS also spoke, and Alden
Spear. OF Boston, appealed to the COM
mittee to keep the amount down, as did
Layman Dobbins, of New York, and
Bishop Warren, of Denver, Mr.. Shire
speaking in favor of the larger amount.
The matter was then laid over for the
time being, and committee, compriS-
Ing Bishop Hurst, j. Nj. Buckley, Alden
Spear, DR.. Chaffee and j. II. Harkus,
was appointed to confer with a commit
tee from the Woman's Home Mission
board regarding the sending of mission
aries to Alaska this year. An adjourn
ment was then taken.
AT the afternoon session Bishop Bow
mali presided, the first business being
the appointment of a committee of five,
consisting of Bishops Hurst and Buck
ley and Revs. Spear. Chaffee and
Hayes. to confer with a committee of
the Woman's Foreign Missionary society
on the new work in Alaska.
A committee was also appointed. con-
Sisting OF Bishops Fowler ana Good sell
and Dr.. Upham, to confer with repre-
sentatives of the Woman's Foreign Mis-
sionary society regarding the condition.
of Chinese women. The debate Oh the
appropriation was then resumed,
speeches being made by Bishop Fow-
Ter, DR.. Day, Rev. Wright, DR.. Cranston
ana others.
Tho c11fn fpaI1y opraad ,po,, for +bo