Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-01-18
Y RUNNING ON
BORROWE D MONEY
DECLARES MOTT
Chief Executive of 0rganiza-
ton Says Report That a
Large Fund Is on Hand Is
Without Foundation.

New York. Jan. 1.-THE Y, NJ. c.
A. has no fund of $1OO000,000 un-
spent and is today operating on bor-
rowed money declared John T.
Mott, chief executive of the Y. Nj. {.
A. National War Work Council, re-
plying to the dispatch of Edwin H.
James, published in the New York
Times and newspapers over the Unit
ed States using the Times Service,
which gave the reasons why the Y.
NJ c. A. was unpopular with the
American soldiers.
The very first thing that impress
ed me with Mr.. James story he said
was the fact that people reading 1t
would get the idea that the Y NJ, c.
A is rolling in money, and that ii is
likely to have surplus. The facts
are these We had used up by Octo-
Der / last all of our fund which was
so generously given by the American
people in our financial drive of the
autumn of 1917. We then had the
United War Work Campaign of No
vember last, and in the interval be
tween the campaigns we had to con
duct our vast work on borrowed
money.
The Available Fund.
"As will be recalled, the United
War Work Campaign brought in
$203, 900. 900 to the seven organiZa-
lions participating. OF that sum
only about S45 100000 has so far
been paid into the campaigns treas
ury. 1t was decided recently to pay
90 per cent of each organizations
pro rata share of the $l75,500,000
originally asked for in the campaign.
The Y. NJ G. A. received as its 20
per cent about 20,000.000. This was
all expended on Dec 81, and we had
also borrowed S20O0,000. Since then
we have borrowed S1j00.000 more,
and have arranged to borrow, within
n few days, another $500, 900, Thus
within ten DAYS we will be paying in
terest on $5,000.000.'
DR. Mott declared that the signing
of the armistice had disarranged the
plans of all organizations working
overseas, and added that a a meetinG
of the War Work Council of the Y
NJ C. A. held last month at the Hotel
Fillmore, a new budget had been
drawn up. He said that the budget
of the Y. NJ. c. A is to be forwarded
10 Secretary Paker and to Secretary
Daniels for them to examine, alter
and approve it. He expected that
much additional light would be oh
ldlItA vi lllt WDlh VI inc W. -
a. abroad when George w. Perkins
and Mortimer l.. Schiff, members of
the Y. M. C. A. Peace Committee now
in France, make their reports.
Some Criticism Justified.
e As for the criticism of the " can
teen" Dir. Mott continued, 'in all of
.hem we have brought down the
prices of articles. As a result we
had lost up to oct. 81, about 1900
900 francs, and we expect heavier
losses for November and December
when the reports for these months are
ut hand, Beginning on the first of
this month we started to purchase
our canteen supplies from the quar-
termaster and to sell at prices fixed
by them and we have an agreement
with General Pershing that should
there he any profit, all income above
our outlay will he devoted to the
good Of the men in service.
Point number two said DIR. Mott
RELATES to the personnel. | want to
cypress in the strongest manner pos
Sble my agreement, and the agree
ment of the entire association. with
Mr.. James position that mistakes
have been made in the choice of GER
tain workers. the same as he will free
~ admit has been done in all agen-
cies called upon to recruit large num-
hers of men and women on a sudden
call to meet untried and difficult
conditions. We have no object in re-
tanning incompetent workers. and !
for one, weed them out as soon as ]
hear of them.
I'm regard to the complaint that
the Y. NJ. c. A. is devoting too much
time and effort to moral welfare work
I'd say that if safeguarding the NOR