New-York tribune., 1909-11-18
TO GET SAGE GIFT
Bible Society Must Raise
S23T 400 an Sir Weeks.

Every effort Is Ming made BY the Amsri-
can Bible Society 10 raise the 100000 neces-
ssry to receive the s50o.Co0 endowment gift
from Mrs. Russell Sage The Bible Society
must raise the money BY the end OF Decem-
ber- Although the requirements % the
Sage gist we're that the money should be
raised by last December. Mrs. Sage gave
the Bible Society another year In which To
do IT,
With only six weeks In which 10 raise
s2S7 eo0-for the amount subscribed. condi-
tlOnally and otherwise. Is t26s. .oe0-an effort
has been made BY the officers OF the Bible
Society 20 take the remaining amount from
the bequest Of the late John Stewart Ken
nedy. which amounts 10 $4,000. But IL has
been decided by the trustees OF the Ken
nedy estate that no part Of the S50,n9 can
be added TO the amount necessary 20 meet
the Sage endowment requirements. The
lawyers representing Mrs. Sage II was said.
were OF the same opinion. as the Kennedy
bequsst is not to be used as permanent
endowment fund. while the Sage gift
would be
Speaking of the efforts 20 divert the
needed money from the kennedy hequest.
Or. Henry otis Dwight. an officer OF the
American Bible Society. said:
The purpose OF the sage endowment,
OF course, is 70 make permanent fund
from which there will be an annual in
come. The kennedy beduest il, possibly.
20 be spent within ten or fifteen years in
an effort 10 do a greater work and 70
meet greater requirements. IL the money
we're taken from the Kennedy bequest II
would mean that. intended as II was Tor
gift outright. any body Of officers OF this
society IN the future could withdraw Y
from the Sage endowment ~ they felt Ike
doing So This would not then be an in
violate sum Of 100000. as il must be TO
secure the Sage fund.
L am sure" said Or. Dwight, that the
money will be raised. II means great
deal to this society 20 have permanent
fund TO help yearly in the work being
done In a time OF panic or distress the
work Of the Bible Society Is always cur
tailed BY lack Of funds Lectures ana
entertainments are being held all over the
country to try 70 raise the money by De-
cember II.
The bulletin which announces the impcs
sibility OF drawing on the kennedy ee-
quest gives also facts in regard to the
work being done By the society. IL SAYS
Mr. John stewart Kennedy's uncondl-
tional bequest 10 the American b'ole -
,sfatt- of $50 zoo we are advised. cannot he
applied TO meet Mrs. Russell sage oner
for an endowment. Two hundreu anu
thirty-seven thousand dollars arc -
needed in subscriptions before December
81 1909 Sixty-three thousand dollars nave
heen pledged since our last Bulletin. max
iur a total Of 1858 00a pledged. OF WHICH
Sis 0O0 has been paid in. 80
The society has only one workman or
translattng publishing and distributing
the Holy Scriptures without purpose OF
profit and solely for the building up OF the
kingdom OF God throughout this nation
and throughout the world IL has ATTENDED
to this single task for ninety-three years
Its issues were never 50 large or It's work
so far reaching as to-day. The last SIX
months issues I'm china alene were Asv
Volumes The issues of the entire preceding
wear i'm China were $4,000 volumes Last
wear tho society issued 2.000 English
Scriptures-the largest number IN It's his
tory.