The Sneedville news. (Sneedville, Tenn.) 191?-19??, 1921-06-24

While the salaries pniG the mint
ters Of Baptist. as we'll as other
cl urches IN the South. nos been far
too sr,7l in the past to enable them
TO lay aside a competency for old age.
long step in rsmedying this :. lation
Ia promised Ia the Baptist 10 Million
Campaign. which proposes TO raise
g.. 500 900 for TIE II of a. ed minis
ters during the next five years. and
then bring this SUN up 10 $1,000, 900
dLrins the two YEARS Immediately fol
lowing the campaign.
Looking to the adequate care OF hun
dreds o. 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 n recent session. author
tied the creation of the R,li"f ard
annuity Board at Dall.s, Texas, with
Or. William LunsforG as correspond
ing secretary.
Heretofore the average annual sal
ary OF Baptist ministers in the South
has been less than $500. meaning that
n large number OF preachers received
considerably less than that sum. max
ing IL necessary that they 'engage In
other occupations during the we K IN
order IN support themselves and their
families. and rendering IL practically
impossible for them to lay aside any
money a. support for their old age.
The establishment of the Relief and
Annuity Board and the decision to
raise $4,000. 900 during the next seven
years for tie relief OF the aged minis
tiers already I'm need Of assistance and
the more adequate care of the men
who hereafter give their lives TO the
Christian ministry without an oppor-
tunity 10 save up competency To tide
them through sickness or care for
them in their declining days. has met
with n cordial reception at the hands
Of Southern Baptists. and II Is he
lieved tho provision OF better treat
ment for the ministers In their retire
ment viii not only ter TO cause young
men TO look with greater favor upon
the ministry a, life work. hut will
bring the members 81 local congrega
lions generally 20 see the need 81 pay
ing pastors more adequate salaries be
fore these pastors become old and
helpless
BY the addition OF an annuity feat
urn u Is possible for retired ministers
IN receive an annuity OF $500 after
they have reached the axe Of sS. and
provided they have been I'm the minis |
try for thirty year, n they have |
served ~ss than 30 years the annuity |
- reduced hy certain proportion. |
To participate in this annuity a min /
lister must mako monthly. quarterly |
or annual payments sufficient 20 bring |
IN ar income 81 500 per year when In
vested. on the principle 81 regular life 1
insurance. while This IL supplemented 4
sy siOo provided ny the denomination
A ministers participation in 'he an
nuity fund :, in addition to his claims
upon the -~lief FUND.
N the minister - disabled az sny
time after joining the annuity fInd.
be will receive certain annuity
throughout me period ~ disability ~
he dies his widow will receive an an
uuity % Sc per cent ~ What would
have gone TO her husband - hong as
she lives. and should the widow sic
her annuity will lie divided among
minor children until they become self
supporting MARTY or -.sch TIE are
~
The bcard har received Al sndov.
neat o. re0o0o from thu BAPTIST sun
Cav school BOARD a. Nashville not in
sludec IN the IS Million Campaign.
and this sum will be divided equally
between tbs relief and annuity depart
n.Bts This enables ths hoard % -
rim work immediately and assistance
}. airsady being eissn 10 fsS Afet Bio'
IsfexF and utn1sterr widowA