The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1898-09-04


1t takes no keen insi4hr to say what
kind of financial teaching the American
Bankers Association proposed for these
schools to be established in Colleges by
the gift of 100000 each and for which
church colleges were to be preferred. An
other of the numerous letters from col
lege presidents published 10y approval
says every college should have an en-
bowed school of finance under the provi-
dence of the American Bankers AssOcia-
ton and adds: Wealth could not be bet
ter employed than in the endowment of
schools of Finance" and another says:
1T seems to me they are the most eff
cient antidote against heresies on cur
rCncy questions" We know what that
crowd deems "heresics"
We now turn to page and we find
letter from DIR. John +. CrOwel then
president of Trinity College, y. c."
which says to the American Bankers
Association: I'VE are now projecting an
arrangement by which in 1929 we
shall have course of instruction offered
Ike that carried out in the Wharton
school of Finance and Economy in the
University of Pennsylvania" 1t will be
remembered that the Wharton School
was the first one established by the Am
crican Bankers Association secured by
gift of 100000" and whose obpcct
and purposes have been outlined in the
above extracts.
What the arrangement was which
secured" one like it here whether it has
been carried out and whether or not it is
still working on the same lines you arc
better informed than l. My success in
procuring information from your minutes
as to matter which concerned myself,
after your late resolution of censure, was
not such as to encourage me to seek
for any on this subject. But | can say
that if this is Methodist college, owned
by MethOdists, it ought not to teach any
particular theory of Finance in exchange
for donations as indicated by the report
ed proceedings of the American Bankers
Association and the letter of the then
President of this college, promising "a
course Of instruction lin Finance like
that carried out i'm the Wharton School
of Finance at the University Of Pcnnsyl-
vania. The Turkish Janisaries were
Christian boys taken from their parents
when young, reared and drilled as Ma
hommedans and then used as select
body of troops to repress the aspirations
for liberty of those of their own blood.
We want no imitation of that policy in
the colleges of this land
Dr. Kgo has stated publicly so often
rs TO require no special proof that after
he got few more Trinity students in
the Conference he would make it hot for
the preachers educated at other colleges. ="
This is on a par with his speech at
Weayersville that "Trinity was coming
into its kingdom The doubtless
meant Dukedom) one of these
days and the preachers who
did not stand by her would be
made to feel her power" On exactly
the same lines are the recently adopted
resolutions Of the Shelby conference in
the Advocate, which is in evidence.
There you have the machine dis
closed. Trinity is to run North Carolina
Methodism, DIR. Kilgo is to run Trinity
and the cigarette millions are to run him
and to aid him to maintain his supre-
macy.
This is well understood. Rev. Jesse
ii. Page, in his speech, replying to DIR.
kilgo published in the Charlotte Oh
server, said: Il haven't stopped to
count the loss | am to suffer for taking
this position, and giving utterance to
these sentiments. You had before you
this morning, the question of setting
off a mission in Il lonely desolate section
of our district. 1t may be that this
field of labor is being prepared especially
for me- be it so. | will stand boldly for
my honest convictions whatever it may
cost" The feeling that it is dangerous
to oppose DR.. Kilgo has been widely Gull
tiyated. 1t is his chief strength. 1t has
ha1Duarn1 tho in, rroffiY,os tho
evidence, especially as the attendance
of witnesses could not be compelled.
From the vast number of letters / have
received from laymen, which show that
the laity are almost solidly against
Kilgoism, l will not quote, but l will
read brief extracts from letters received
from three ministers tout of many l
have received situated in widely differ
ent sections. One writes:
There were thousands who had not
bowed the knee to Baal but they were
invisible, so there are many with you
that shall be revealed should the matter
be carried to the Annual Conference.
Ours is not the age in which the spirit
of inQuisition thrives. | am willing for
the Dukes to put their money where
they like, but recipients thereof must
not try to throttle the right of individual
opinion or the expression of it. 1T ar
CUES littlpness of mind for one to be
pulling into publicity mems opinions of
himself privately expressed. | do not
think you need to fear the outcome of
present conditions. Truth triumphs."
Another widely loved minister writes:
You have my deepest sympathies
under the unbrotherly and unjust treat
ment you have received at the hands of
your friends The outlook for those of
us whose honest convictions place us
in the minority in the Conference is
not at all bright or cheering. At what
time we shall be requested" to retire
is uncertain The prospect is indeed
gloomy. May the good Lord take care
of us
That brother has evidently felt the
edge of the machine" this new in
vention which DIR. Kilgo has brought
into the Methodist church
One of the Hhlest ministers in the
church writes Il believe every charge
You make against DR. Kilgo. The basis
(of his support is the recognition of the
American Tobacco Company as religi-
GUS institution. and the canonization of
al, Il,,I., I,e, Il Il