The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1909-05-21
FINANCIAL REPORTS OF
PRESBYTERIAN BOARDS

DENVER, May 21.-The Executive /,
Commission which was appointed to |
act upon the financial reports of the |
several boards and agencies the |
Presbyterian Church and to prepare a !
tentative budget, and tentative APP
portionment of funds, made its report
at today's session of the Presbyter-
ian General Assembly, The result of
the commissions work were given un-
der the heads, Cooperation with
Presbyteries and Synods," Aid to the
Boards" and "The Budget Plan" On
the first subject, the report says:
I'VE are glad to report that seventy
five Presbyteries and twenty Synods
have appointed Executive Commits
sions to cooperate with the Commits
sion of the Assembly. In many Pres
byteries and Synods where the way
did not seem clear at present to APP
point Executive Commissions, the
Committees on Systematic Benefl-
cence of the Judicatories were author
lied to act. We have found both Pres
byteries and Synods manifesting a
cordial spirit in promoting the inter-
ests entrusted to the Commission
Under the head Aid to the Boards
the report continues:
THE Executive Commission turned
attention to the consideration of the
sources of income received from
churches, and from organized socie-
ties within the bounds of the churches.
1t was found that the income from
these sources was larger for the year
ending aMrch 81, 1908, than any pre-
vious year in the history OF the church
and that it was above the average Of
the past year by $26O,OOO.
The Commission after comforting
with the boards, felt that if for the
year 190S-09 the church could hold
its benevolences to the high-water
mark already reached, and go beyond
that mark the average amount by
which it had surpassed the contribu-
tions of the previous year, then the
denomination would be doing all that
might be reasonably expected OF it,
during a year, which in many PORTIONS
of the country was a year of financial
embarrassment
Referring to the budget, the report
says the aggregate Of the estimates
of the eight boards and the Temper
ance Committee, to carry forward dur
ing the coming year the work that has
been carried on during the closing
year. including deficits, but includini
no new work except what has beer
actually entered upon, was S3394,oo9
Deducting from this amount the leg
, acies. interest and special gifts, tina
NAV be expected without the direct ef
fort of church organizations amount
t ing to SS1S.222, the churches were ask
= ed to contribute $2,576,437 But Il
addition to this sum, the Boards pre-
= sent requests for $69S,514, to NEE
= needs of their fields that in their judo
l ment are urgent. To meet all these e'
I Inmates would require from churche
9 S3.214,951-in addition to the SSlS'Zz
S that Iegacies, special gifts and lnteres
+ on Investments are expected to aggr'
gate-making a grand total of S4'P"
173. The report concludes as folio '-
. Acting for the entire church ID
4 Assembly may properly authorize IT,
II missionary and benevolent Boards an
II agencies 10 incur obligations to the e.
I tent indicated in the recommendation
herewith submitted as to the unlfle
y Budget.
"That the General Assembly apr
nriate to the uses of the folloWin
Boards and Permanent Agencies, tn
amount of money set opposite 10 the
names. respectively, as these amount
NAV he secured from churches an
their several organizations;
The Board of Home Missions
.............. .'''''''' wv
The Board of Foreign Mis-
s,ors .........1,162.t
Tho Roard Of Education. 500
The Board of Publication and
Sabbath school WIKI 5o'o'
The Board of church erection IO,o'
The Board of Ministerial Re-
lief ...... 1851
The Board of Freedmen. l4IO'
The College Board ........ 4S,o'
: The Permanent Commit on
tee on Temperance l6'O'