The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-05-28

larger current aid to institutions, and un-
less it shall be enabled, by more and larger
legacies and individual gifts to It's properly
fund. to secure endoWmenFS for institutions
institutions which render eminent service
TO the church, and are both needed ana
desired in their several regions, are IlKSly
TO close their doors. The total receipts FOR
the year of 1867 were $1L9S5: expendl-
lures, $7l,126 balance on hand April l.
The report of the standing committee on
the foregoing was read by DR.. Duncan
Rrown, of Missouri, reviewing the WORK OF
the board and recommending gifts OF $l30,-
600 for it's use during the coming year.
Pending the adoption of the report the as
sembly was addressed by Or. Brown ana
Rev. +. G. Ray. secretary of the board:
The final order of the morning was tile
report on correspondence, Dr. byron Sun~
ueIIdiiu, oL Ndsill!Is y! 1oA, cIi ,f5 - f.,,o tbe
ternal communication was READ from ne
Reformed Dutch Church, and the delegate
from the United Presbyterian Church, Dr.
heard. DR. William S. Marquis was Sc
lected as q delegate from the assembly 20
bear greeting to the United Presbyterlah
Assembly now sitting at Rock Island.
At the opening session of the afternoon
Dr. Wilson Phraner was appointed the as
sembly's delegates to the General Synod OF
the Reformed Dutch Church, winch Is 70
meet in June. and fraternal greetings were
read from the assembly Of the Cumberland
Presbyterian Church, now IN session at En-
glewood, Ill.
The regular order of the afternoon was
then taken up being the report on 15l me
-
following summary indicates some detals
of this work: In addition to informal re-
quests the board received during me year
ZIG applications indorsed by presbyterles,
16S for aid, and As in behalf of manses me
decrease was almost entirely IN the apph-
cations to the loan fund The Applications
to the general funds were l54, agsregatlng
$S3, ,40S; to the manse fund, 4S, agBreBaHnB
$45,950; to the loan fund, H. aSBfSgtletIhS INF
$40, $50 the total applied fer being $l4i w.
The total income was Sl15,73I. NotWlth-
standing shrinkage the board made l26 APP
propriations to l22 churches amounting 20
$50. 323 OF these ninety-siX, amounting TO
S44270 were grants, and thirty, aggfegat-
ing $16,053 were loans to be returned. -Four
churches received both grants ana loans;
In addition twenty-one churches received
special gifts of $2,524, making total of l43
churches and $ 3l f one arerage appc9 aPPr9
tions for loans the board responded favor
ably to ten from $1,000 to $6,0UO and aggre-
eating $685. 150. Appropriations from the
manse fund numbered torty-two, there be-
ing thirty-siX loans aggregating $l4,6f5. and
six small grants aggregataing only $40.
Taking the three departments together the
number Of churches aided reached 1874, and
the aggregate amount appropriated was
$11I982. The aggregate receipts were $l23,-
TT and the disbursements $l3I57I During
the year there We're completed by the board
and without debt TIA churches and manses
has funds as follows: Permanent fund in
vested for revenue $10l, 900; trust fund, held
subject 10 life interest of donors, including
real estate value at so, ,500 SAG, 500; loan fund
interest bearing loans to churches, $245 900:
manse, fund small noninterest, bearing
loans on manses, $4,000. ReVertonary in
terest in church properties under grant
mortgages or similar loans, estimate, 81,
000,000. Total S2,52S.500 The insurance ag-
gregates about 81. 10000
The report of the standing committee on
the foregoing was presented by DIR. George
f. Whitworth, of Seattle, Washington, and
the principles and practices of the board
work We're explained and its needs urged by
DR.. Erskine y. White secretary of the
board
The decision as to the place of next meet
ing of the assembly occupied the remain
der of the afternoon session.
Instead of the usual popular meeting in
the evening a large audience greeted DIR.
John Henry Barrows, who recently re-
turned from India. where he had been COM
missioned to present the claims of Chris
tianity to the educated youth in large
cities and college towns. For over an hour
he held the close attention of his audience
while describing the serious scenes which
he had behed and the progress of mission
ary laborS in various parts of the world. AT
the close OF the meeting the alumni of
Union and Princeton Seminaries met So
cially and renewed their recollections of old
days.