Evening star., 1895-05-29

ed, with the understanding that promptly
at o'clock the convention would reas-
semble, with the first order of business the
reading of the reports from the committees
appointed last year on the endowments for
the support of the two bishops in the event
Of division of the diocese.
Standing Committees.
The standing committees appointed by
the bishop this morning were as follows:
Rights of clergymen to seats Rev. Chas.
E. Buck. Rev. A. c. Haverstick, Rev. j..
w. Chesley.
On elections. H. C. Whiting, C. w. Sans,
John A. Lynch.
On canons and other business. Rev. w.
s. Southgate, Rev. Thos. G. Addison, Rev.
Clarence Buell.. A. S. Browne, Edward N.
Rich.
Williams. P. X. Reilly.
On parochial contributions, T. S. 1gle-
hart S. H. Anderson, ]. B. Kendall.
On admission of new parishes and con-
gregations, Rev. /. l.. Townsend, Rev. f.
A. Colburn. Rev. ]. H. Logic, C. w. Mich
ael. H. Onderdork.
On the state of the church. Rev. A. S.
Johns. Rev. r. H. Murphy. Rev. H. E..
Cotton, r. B. B. Chew, L. 3. Kemp.
On ways and means, Joseph Packard, jr.,
Z. G.. Miller s. W. Tulloch.(
On donations, S. Wilmer, Chas. Markell,
G. C. Hail. L. j. Davis and H. Irwin
Keyser.
The Afternoon Session.
The report of the committee from Balti-
more to raise funds for episcopate support
was to the effect that it had been deemed
inadvisable to canvass for funds until
there was an Improvement in the times
and until the Washington committee had
done enough to insure ultimate success.
A legacy of about $780, 600 had been left to
the diocese, and the committee had de-
cided to make no further effort until the
terms of that legacy had been learned.
The Washington Committee Report.
Rev. Dr. McKim read the report of the
committee representing Washington. He
said that 1t had been estimated that 5000
would be needed for the bishops salary,
81, 200 for house rent, and $i23 for other ex-
penses.
The report continued as follows:
To meet in part this annual expenditure
of S6.623 for The support of the proposed
diocese, your committee considered that
they could rely upon the following rev
enues: From parochial assessments, 81, 800
from one-half of revenue of Episcopal fund
voted by the convention in 1894, $5SS; from
) per cent one-third of accumulating
Episcopal fund. SIG. Total, 1921.
TIE problem before us, therefore, was to
raise an additional annual revenue Of S,399
OF this amount we were of opinion that
500 could be raised by readjustng the
pdrocHlal assessments, 50 as u reufeSS
some evident inequalities in the existing
scales. Having this in view, 1t remained
to provide an additional endowment sufti-
cient to yield, say. $1,000 per annum.
The Plan Adopted.
1t Is proper to explain that, in order to
attain an end which seemed in these times
of stringency almost unattainable. the
committee adopted the plan of asking for
subscriptions by annual ihstallments. so
that the total amount subscribed will not
be paid in until the summer of 1899. In
terest, however. will be paid at per cent
on these unpaid fnStallmentS, except in a
few cases, where the subscribers fixed their
obligation at ) per cent. Our subscriptions
amount to S4S,313. If to this we add the
equivalent principal Capitalized at per
cent? of annual pledges made by several
parishes we have $500 additional, so that
we have pledged, in all, the equivalent of
S53,S13. Interest at . per cent on deposits
will probably swell this to $4,000 by jan
uary l. 1896.
We count upon the following revenues:
1. From parochial assessments rs
at present laid. $3.50 90
p From episcopal funds as above
stated ....................... TO4 90
s. From interest on s4s,S13 raised
by this committee, partly q
per cent partly at per cent
in the year 1896. ............... 2,7O9 90
4. From annual parochial pledges 2I0 90
). From voluntary additional an
nual assessment made by one
of our parishes. 100 90
S63OS 2S
Deficiency. cy..................... 314 -
s6623 90
The committee is of opinion that this de-