The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1920-01-28

While the salaries paid the minis
ters of Baptist, as we'll az other
churches in the South, have been far
too small in the past ~ enable them
to lay aside a competency for old age,
a long step in remedying this situation
Is promised in the Baptist Is Million
Campaign, which proposes to raise
$2,50O,O0 for the relief of aged minis
tiers during the next five yearA, and
then bring this sum up to $5,000,O0
during the two years Immediately fol
lowing the campaign.
Looking to the adSSzate care Of hun
drcds of aged Baptist ministers and
ministers widows in the ranks of the
Southern Baptist Convention who are
now in need Of financial assistance,
this body, at a recent session, author
ICED the creation Of the Relief and
Annuity Board of Dallas, Texas, with
DR.. William Lunsford as correspond
ing secretary.
Heretofore the average annual sal
airy of Baptist ministers in the South
has been less than $500, meaning that
a large number of preachers received
considerably less than that sum, max
ing it necessary that they engage ir
other occupations during the week in
order to support themselves, and their
families, and rendering 1t practically
impossible for them to lay aside any
money as a support for their old age,
The establishment of the Relief ana
Annuity Board and the decision to
raise S5,000,000 during the next sever
years for the relief Of the aged minis,
tiers already in need of assistance anc
the more adequate care Of the meI
who hereafter give their lives to the
Christian ministry without an oppor
tunity to save up a competency 20 tide
them through sickness or care for
them in their declining days, has mel
with a cordial reception at the hands
Of Southern Baptists, and it is be.
lived the provision of better trea:'
ment for the ministers in their retire
ment wilIHot only tend to cause youna
men to look with greater favor upoN
the ministry as life work, but will
bring the members of local congrega
tfons generally to see the need of pay
ing pastors more adequate salaries be
fore these pastors become old ans
helpless.
w. ODD Nf nTIif 100
IRE it is possible for retired ministers
20 receive an annuity Of $500 afte'
hey have reached the age of IS, ant
provided they have been in the minis
for thirty years. If they have
rerved less than 80 years the annuity
Is reduced by a certain proportion
! To participate in this annuity a min
'ster must make monthly, quarterly
Or annual payments sufficient to bring
in an income of 500 Per year when in
vested, ON the principle of regular life
insurance, while this is supplemented
By $500 provided by the denomination
minister's participation in the al
nuity fund is in addition to his claims
spon the relief fund.
II the minister is disabled at any
.lme after joining the annuity fund
Se will receive a certain annuity
throughout the period of disability. Il
ne dies his widow will receive an an
uuity of go per cent Of what would
have gone to her husband as long as
she lives, and should the widow die
her annuity will be divided among
minor children until they become self
supporting, marry or reach the agt
of n.
The board has received an endow
nent of 500, 900 from the Baptist Sun
Jay School Board at Nashville not In
GUIDED in the 76 Million Campaign
and this sum will be divided eQuallJ
between the relief and annuity depart
rients. This enables the board to be
gin work immediately and assistanc,
is already being given to 2s5 aged min
tafers and uufuisfere' Widown