Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1921-05-19
ASSEMBLY FACES
$1,50O,OOO DEBT
And Question of Finances Will Be
Important Feature of Big
Presbyterian Meeting
CBy Associated Pr.;ss)

! PRECISION III an overture presenter
to the Presbyterian General AS
! sembly here today calling for IN
investigation Of all those Presby-
/ terrain board and agency secretar-
i les who undcrwrite the Inter
church World Movement. to find
out if they did so illegally. If ii
lis found that their action was IL
legal, this overture asks that these
secretaries be not further trust
ed with the administration o.
Presbyterian funds, nor longc;
RETAINED in their official positions.
because of their affect on the
confidence OF the Presbyterian
church.
The 135rd conference of the
Presbyterian General Assembly
opened this morning.
Another overture affecting
Presbyterian board secretaries
calls upon the General Assembly
to instruct such secretaries and
other paid officials Of the rPesby-
terrain church TO turn into til
board any honorariums they may
receive for preaching or other
outside work.
\ negro Presbytcry. overture
asks that the PRESBYTERIAN Board
OF Missions FOR Frcemen, Pitts
burg, Pa, which does work
among the negroes and operate
some AGO schools for negroes, b
given more funds with which -
operate.
The question OF finances is ex-
pccted to receive considerable al
tention, the General Assembly
facing debts for the PRESBYTERIAN
Echurch and its boards and agen-
cics amounting to over 81 .5000CC
most of whicn must be paid i'm
mediately. Plans are expected 10
be prepared at this assembly
which will enable the Presbytc1
ian Church to shortly be free o.
all financial obligations.
Nearly 100000 vet remains to
be paid on the Underwriting b,
the Presbyterilns on the Inter
church World Movement. The
; PRESBYTERIAN Church withdrew
idurrng its last General Asscmbl,
but without making adequate pr,
vision for meeting the Sl,0COCO
indebtedness. the amount OF its
underwriting. No provision
made for this debt in the brlgc;
OF $l2OOO,GC0 prepared by tho
last Executive Commission of the
Presbyterian Church.
The PrcsbY tcrian New Err;
Movement likewise has financial
obligations amounting to $5CO.00l
and both the Presbyterian Board
pf Foreign Missions and the Pres
1ytcrian Board of Home Mission
have large deficits incurred TX
advancing costs since pre-war
| lays.
A constitution calling for the
union of the Presbyterian and
Reformed Churches in the Unit
ed States into an Organization,
known as the "Presbvtcrian Re
formed Churches IN America >
I will be submlited> in connection
with the report Of the Spccia'
! Committee on Church Co-opera
ton and Union at the session >.
the General Assembly.
The proposed constitution pro-
vldeS for the united churches +.
junction through an asscm5i.
which Shall be known as "1ha
! United Assembly OF the Presb--
terlan Reformed Churches n
America This assembly w;
represent III one body all the con,
stltuent churches and will Cor
'tltute a bond Of union, peace and
correspondence among ell the
congregations and judicitoria..
OF the constituent churches. II
will be declarative, adninistrs-
tive and judicial agency OF The
united body, but shall exercise
only the powers delegated to it.
III the proposed constitution.
! The five churches holding tn.
Presbyterian system affected in
this union include the following
! The Presbyterian Church in tbs.
U. S. A. (Northern). the Presby-
terrain Church in the U. S.(South-
ern), the Reformed Church IL
IAmerica. the Reformed Church in
the Z. S. and the United Presbv
terrain Church.
The United Assembly would
meet at least twice wear and
/ would be composed of eight rep
resentatives from each church.
Tor each LOCO COMMITMENTS or
/ fraction thereof. up to 100000.
then four representatives for
/ each 1000 additional commune