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Union College Annual Balance Sheet

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Review and Herald Publishing Association · Takoma Park Station, Washington, D. C. · Oct 1, 1908

FromReview and Herald, Vol. 85, No. 40.

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Union College Annual Balance Sheet

The annual balance sheet of Union College shows a net gain in operating expense of $1,857.01, in spite of the extraordinary expense resulting from the burning of the power-house. It is a great satisfaction to know that our educational institutions are for the most part so conducted as to involve no financial loss. This is the only sound basis upon which to carry forward our educational work.