The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-12-07
TEMPLE SHOWS 4 DEFICIT.
TRUST DONDHOLDERy COMMITTEE
PRnPARns A REPORT.
believes Rentals OF Temperance
RsiIdins will Make sIishtly Bet-
ter Showing for the Present Year
Can the Temple BE saveds

by the holders OF Woman's Temple trust
bonds to investigate the condition Of the
trust organization has completed Its task,
and full report will be sent on Monday
with circular letter to every bondholder.
The committee consisted OF C. d. Rogers,
Sycamore, ILL.,; Matte NJ. Marble, st. Jo-
seph. Mich, and w. A. Hervey, of Utica.
Ohio,
In the Introduction to the financial state
ment the committee states that 1t was
present at q meeting Of the board of tem-
pie trustees on August 10 and H.. 1890, at
the Office Of the board In the Temple build
Ing. At that meeting were also present
Mrs. Mathilda B, Carse. the president;
Mrs, Marion II. Durham. Of Iowa. the sec
rotary; Mrs. Annie W. Clark, Of Ohio;
Mrs, l.. A. Hagans. Of Illinois; Mrs. Eve
lyn N. Graham, of Ohio, and Mrs Caro-
line Woodward. Of Nebraska. The sltua-
tion and plans OF the board were discussed
at length. The committee says In regard
to the temples future prospects:
while your committee is fully con-
WINGED OF the earnest desire and intention
OF the board OF trustees to raise the money
and pay on your bonds at the earliest pos
sible time, II Is also fully convinced that
II IL practically impossible for the trustees
under the existing circumstances. to ac-
complish this
The committee refers to the fac; that
according to the report OF the board OF
trustees, the latter has ON hand SO, 90
worth OF temple trust bonds donated by
different persons. and 5000 in cash, and
reports that the latter amount win be dis
tributed pro rata among the bondholders
on January through the American Trust
and Savings bank
The report on the financial condition oa
the Woman's Temperance Building Asso-
citation. appended to the report of the COM
mittee, shows that last year the expendi-
lures and liabilities were sl30GgD. the re-
ceipts N1T470, leaving a deficit of $12,6lD
The committee admits that this deficit was
caused by the decreased earning power Of
the building. owing to the general finan-
cial depression during last year, and that
during the present year there would be
slight surplus that could be used to wipe
out part of the existing deficit. The report
ends with the following words:
I'm view OF the general Improvement IN
business conditions 1t seems likely, II this
| Improvement continues. the earning power
OF the building will increase, and therefore
your committee Is not without hope Of a
future Increase in value of This stock"
MRS. Matilda B. Carse. president Of the
temple trust board, says she is not dis
couraged by the unfavorable report Of the
committee.
II think" Mrs Carse said Yesterday.
that the committee made a mistake In
money to pay of those bonds l admit II
Will be uphill work. owing to the hostile
position assumed by the w. c. T. IT,. but
! never shall give up and shall never cease
In my Efforts to bring about the result de-
sired. ] have been III nearly all this wear.
ana unable to do as much as / desired but
Il hope that shall soon be able to devote
mysef with all my strength and enthust-
asm 10 the great task which have chosen
L
OF support from many white ribboners. and
the Young Peoples Christian Temperance
Union mas taken the matter I'D and will
give me Its earnest support"
Mrs. l.. M. N, Stevens president OF
the national W. c. T. IT,. expressed her.
self as follows.
when the proposition to build the tam
pie was first made to the national w. c.
T. ". in 1887. there was considerable on
position, but the executive COMMITTEES
passed a resolution promising that n
would not hinder or embarrass Mr..
Carse, providing she would obligate her
self not to begin work until $500. 600 was
secured. and that the building would NOT
De erected upon leased ground These
restrictions were not met and then he
gan the friction In the national w. G. r.
U. concerning the matter. Finally rev.
Citations and Developments came to the
national committee In the summer of 1895.
continuance OF the temple as an aft,,iat-
ed interest of the society was recon-
mended. This recommendation was adont-
ed at the national convention In October
1898, by vote OF 2S6 to H. The nationa,
society declared at the time that It was
In no way obligated to purchase the tenn
pie or to pay Off the temple trust bonda
At the last national convention at Seat
tie the question OF the temple did not
arise at all. as the society considered that
the vote OF the year before had finally
settled the matter.
II feel sorry for all concerned I believe
that the committee representing the bond
holders consists OF people Of financial integ-
rfty. who will do their best for their fellow
sufferers. The National w C. T. U. has a
fund, OF which Miss cornelia Dow of Port
land. Me, is custodian amounting to about
$4,000. This fund represents money sent 70
Miss Dow after the Buffalo convention Of
1897 toward the purchase of the temple
when the national society voted to dis
continue the temple as an affiliated interest
Miss Dow had about $4,000 on hand. nv
order of the national officers she wrote ~
each contributor to this fund, asking how
their contributions should be used. The ma
jority of 1t was recalled by the donors and
only about $4,000 Is left, which. according
to the wish of the donors. will go as a riff
to those who were so unfortunate as to pur-
chase the trust bonds. The reason the
fund has not been distributed before is that
not all the donors had been heard from.
The custodian has closely observed the Ia.y
in regard to trust funds
Mrs. Stevens referred to the fact that the
complete divorce between the temple and
the national organization did not seem to
be fully understood by outsiders. as shown
by the fact that only recently the Sno-
kane County Teachers Institute raised a
fund of 500 Ito help the national w. C.