Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-08-07
Supreme Knight.

tional. and the writer was today informed
that it is about to undertake the biggest
task In its career in the interest of the
Catholic University Of America. 1t has the
heartelst Endorsement OF Edward l. Hearn,
supreme knight.
Catholic University Endowment.
AT the April meeting OF the board Of
trustees of the Catholic University said
the official, the question Of finances of the
university was discussed and various rec
concentrations made in regard 10 their adj
iustment and satisfactory development
Upon motion of Archbishop Glennon Of St
Louis the following was adopted:
Whereas the funds now invested for the
benefit Of the Catholic University amount
to $3.50 O1O that within FIVE Years an addi-
tional sum of $4,000 would be available
from the collections annually taken mp in
the various lioceses and, IN the opinion of
the lawyers Of the university, the minimum
amount TO be derived from other sources
will be 100000, making the total endow-
ment of the university $4,000 AS the
present running expenses of the university
are about $4,000 year, there would be
necessary to produce this revenue a sum of
one-half million dollars in addition to the
stated endowment. making d total endow-
me of s1.5o0,G0o, which at current interest
rates could SAFELY produced the desired
$4,000.
Knights to Raise Half Milo.
ITO get this additional one-half million
dollars it was further urged that the
amount could be raised by the knights of
mously favored and passed by the trustees,
Cardinal Gibbons then appointed d commit
tee to act on the matter
1T Is known TO the archbishops and bjsh-
ops of the United States, and has been fire.
quent,y urged by the representatives. of the
Knights of Columbus that they always
stand ready 10 work for the Catholic
Church inteligently and effectively. AL
though our pronounced intention has been
often asserted. object worthy enough
definite enough and Catholic enough had
hitherto been laid before the order conse-
qucntly our efforts have been localized and
set III varying channels. all of which OF
course, We're quite commendable and show
ed the devotion of individual chapters of
the order. Various appeals have been made
20 the order in national conventions which
were the expressions of individual zeal
ana personal opinion. Each diocese each
PARISH and each church mas made its own
claim ana our organization has faithfully
Plan for Collection.
inns movement will centralize our actiyi
Ties ana place before US an object Catholic,
ana hatlohai at the same time, and fuse
the activities OF our society into one grand
movement that should stand out at the ba.d
of all the Catholic, national and Charitable
movements in the United States
ITO raise one-half million dollars tho
members of our society will have to con-
tribute, on an average, 80 cents a wear for
FIVE years at the end of which time our
2t0OOO members will have an endowment of
s5Oo,OOO TO present TO the Catholic Univer-
sity of America.
The interest displayed by the knights OF
Columbus IN the Catholic University OF
America has been at all times marked. At
the time of the archbishops' latest meeting
IN Washington 1t was rumored that the
knights would be formally invited In view
OF their soncttude, TO help in practical
way In the carrying forward of the univer-
sliNs idealss As is We'll known. the univer-
sity finances suffered severely in the Wag-
( samau failure. but. through the active sup
port q: the Catholics OF the United States
this condition IS being overcome and az
lndicattd tht Irultlon of this new work on
Inc part OF the Is nights OF Columbus will
put the institution on a sound and stanIe
basis.
Rev. George Dougherty. assistant treas
Urer of the university, arrived from, Wosh
ington this morning to repr, sent Mr.
O'Conncll.
Discussing Insurance Feature.
The twenty-afth annual convention of tho
knights of Columbus got under way lats
yesterday afternoon IN the assembly hall
OF the Pine Beach Hotel. and its proceed
ings have been enlivened BY deliberations
OF the most interesting character. Befr g
an order with an insurance feature this
! CONTINUED on Second PaEeJ