The daily morning journal and courier., 1897-10-14
NEED MEN AND MONEY
(continued from Tenth page.)

SlO,l5J.U. or this amount Sloi i,S4V 4o was contributed through the Woman's Board, sum less by $2S,152.44 than for the previous year. From the Wo- mans Board of Missions, Sill, 1,52S.46; from the Woman's Board of the Interi- or. s50,6SS17; from the Woman's Board of the Pacific, $5,724.S5.
 These donations show gain in gifts for the distinctive work of the board, as apart from the Woman's Boards, of $11,S6267, The splendid rally of Au- gust saved the board from the most se- rious disaster and illustrated the place which the board holds in the hearts of the people. The receipts from lega- cies were $11S,9S617, an increase over the former year of s1,997.47.
 The treasury received from the per- manent funds of the board an income of $10,24369, a very slight decrease from last year. It might have been anticipated that during the recent financial depression there would have been somewhat serious losses from the permanent investments of the board. But such has not been the case The years 1890 and 1891 were reasonably prosperous years in financial circles. The average income for those two years was but $308.1S larger than for the last two years which have been so hard upon all incomes. The perma- nent funds have some $15,0OO larger than then.
 We have taken from the Otis legacy $37,612.46 and from the Swett legacy S3.49s.63. These legacies are now ex- hausted. While the exhaustion of thoCa lao ofa cit, oi,a problem for the churches to meet, it Is yet true in the largest sense that they have been with us as a benediction; they have carried the good cheer of the gospel to hundreds of desolate places where otherwise the message of mercy to the lost would not have yet found its way. Four missions have been es- tablished and two others enlarged, not far from 75 missionaries have been sent forth to the heather nations on the errand of life, schools have been founded for the promulgation of the truth and weak places have been strengthened by these magnificent ben- efactions. The Otis legacy came to us in 1897 and has lasted longer than was anticipated. The investments were originally of high order and were placed in the treasury of the board at an appraised value of $1,124.9 939. 5S. During all these years this trust has been handled by the business men of the committee in most careful, satis- factory and conservative manner. The income for it's investment has been large, amounting to $297, ,7S5.09, and the principal has realized between $160000 and $170,000. more than the appraisal permitted us to expect.
 We speak last of the special dona- tions which are gifts expended accord ing to the direct designation of the donor. These sums of money, while helping the work, do not in any partic- ular help us meet the appropriations made to the missions. The money thus received amounted to $54, 17.O6, an increase over the former year of $10,- 527.91. This largely increased sum for special objects is due entirely to the appeal in the Congregationalist for the orphans of Turkey, to which a most generous response was given, netting about $25,000, and forwarded through the treasury of the board as special. Of this sum, also, $1O04o.z9 came from the Woman's Boards.
 From all sources the receipts for the year to August S1, 1897, have been $643, ,283.70, a sum which is less than the average total receipts for the past five years by about $94,0O0
 EXPENDITURES.
 The total expenditures for the year have been s6SS, ,414.2O, which is less than the total average expenses for the past five years by oyer $7O,00O With the to- tai receipts for the year $s43,283.7O, and with tie total expenditures for the year $6SS, ,414.20, the obligations resting against the board August 31st were $45.13050. While we all lament debt and feel intensely its significance, may it not be true that it could not have been avoided by the committee without incurring distresses comparatively greater than the burden of this debt. The board lives under the law which law of growth and success and conse- quent exigency.
 Though the appropriations of the previous year were maintained this year, as the months passed on, neces- sary but unforeseen and unusual ex- penses came before the committee and could not be put aside. We can sug- gest a few points indicative of the character of these added expenses The salaries of our missionaries had been reduced ten per cent except il, Asiatic Turkey. The famine and pesti- lence in India compelled a restoration { of the salaries in those missions. The heavy cost of transportation of supplies < in East Central Africa forced another restoration of the salaries. The Morn- ing Star after the wear and exposure X from years of service came from it's < last trip in an unseaworthy condition 4 and immediate repairs were required at an expense of nearly seven thousand x dollars, leaving the vessel almost like is rev. The largest number of new mis- sionaries were sent forth with the ut- most deliberation on the part of the K committee. The appointments were S made only to fill vacancies where the l case seemed exigent. This added to S expense. The larger number of re- ' turning missionaries, to which allusion K has already been made, still further in- < creased the cost of the year. And yet these things were imperative. # CONTRASTS.
 iE It is not always wise to make com