The American Missionary — Volume 32, No. 10, October, 1878Various
Religion
The American Missionary — Volume 32, No. 10, October, 1878
Various
Congregational churches -- Missions -- Periodicals; Home missions -- Periodicals
Correspondents are specially requested to place at the head of each
letter the name of their Post Office, and the County and State in
which it is located.
* * * * *
THE
AMERICAN MISSIONARY.
* * * * *
VOL. XXXII. OCTOBER, 1878. NO. 10.
* * * * *
_American Missionary Association._
* * * * *
FINANCIAL.
When this number of the MISSIONARY reaches our readers, our fiscal
year (closing Sept. 30) will be nearly ended. By careful economy
for two years past, we kept our current expenses within our
receipts, and we hope that the receipts of this month will make
this the _third_ year in which our expenditures will not add a
dollar to our debt.
Our _debt_ is now our great solicitude. Last year it was reduced,
by the sale of stocks, etc., from $93,232.99 to $62,816.90. This
year we have received to September 1, in cash, $14,108.22, and
in pledges (partly conditioned) $7,550, making $21,658.22, thus
reducing the amount—if the pledges are paid—to $41,158.68. Shall
not an effort, so nobly begun, be pushed forward to completion?
We feel called upon, as never before, to urge the wiping out of
this debt. We have retrenched in office expenses, and have been
very guarded in annual appropriations, that it might be paid.
Generous doners have given liberally—some of their abundance—more
of their poverty—and the amount is reduced within grasp. We have
rejoiced that the liberality of the churches and individuals have,
in one month, by special efforts, well-nigh relieved a sister
society—the honored American Board—of a balance on its annual
appropriation of $80,000. A little more than half that amount, if
given to the A. M. A., will pay off the remainder of a debt that
has hung upon it as an incubus for ten years. The payment of that
debt will honor the cause of the Master; it will unfetter our
hands; it will cheer us and our friends for future work; it will
be a boon to the ignorant and needy masses for whom we labor. We
appeal to the wealthy, the liberal, the self-denying, to all who
love God and His poor, to make a final effort, by special gifts, to
reach an object so near at hand and so important.
Our books will be closed promptly Sept. 30, for current receipts
and expenditures, but for _receipts for debt_ they will be kept
open till after the Annual Meeting; and we trust that meeting will
have the joy and glory of announcing the complete extinction of the
debt.
* * * * *
OUR ANNUAL MEETING.
Public-domain text, read in full here on John Shaqi.
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