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FINANCIAL

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Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Aug 28, 1900

FromReview and Herald, Vol. 35, No. 35.

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FINANCIAL

By S. H. LANE

We are pleased to tell the readers of the REVIEW that some have responded to the appeal for money, in the issue of July 24, for the General Conference Association. Some have offered money without interest, and others at a low rate of interest. We are indeed thankful for these responses. The association desires to procure at least fifty thousand dollars. This amount is not wanted to invest in some new, untried enterprise, but to pay back to a person of whom the association has borrowed. It is the settled policy of the association not to run into debt, but to reduce large denominational debts just as fast as possible.
We are indeed pleased to report that many of our people are being moved by the Spirit of God to do something to aid in the reduction of the debts of the denomination. Gifts to the fund to publish the book, the proceeds of which will be applied on the debts of our schools, are coming in quite satisfactorily. This will aid wonderfully in reducing our debts, but notwithstanding this we are in need of fifty thousand dollars by Jan. 1, 1901, and will be glad to secure contributions, and money without interest, or with interest at four or less per cent, giving the note of the association.
Our General Conference, State Conferences, tract societies, publishing houses, and schools are all economizing, and doing all in their power to reduce expenses to a minimum. This being true, money will be saved, which can be applied to cancel debts and to forward the message.
In the past, buildings for publishing houses, sanitariums, colleges, and State depositories have been built, which consumed contributions and all that could be made in operating these institutions. Now that the buildings are erected, it seems that contributions, outside of specific donations and earnings, aside from carrying on our regular line of work, should be applied to liquidate debts, and to build up the work in new fields; and when all our debts are paid, then, instead of building in our older fields, build only in new fields as circumstances demand, thus disbursing all our money in warning precious souls in regions beyond. We shall hail with delight that day.
The General Conference, which pays all its laborers in this country and some in other countries, has audited all accounts and paid the same to Jan. 1, 1900, and thousands of dollars on the time of laborers during the present year, and is not in debt.
Our publishing houses last year made financial gains, and thereby were able either to increase their assets or to diminish their debts. As a rule our schools are now so managed that they are self-supporting; so, as we survey the field, and see that prosperity attends, and the blessing of the Lord rests on, the work of the General Conference, Foreign Mission Board, the publishing houses, sanitariums, and schools, we should all be encouraged, and aid them all we can by making liberal contributions and loaning money. Now is the opportune time to aid the cause of present truth. It never has needed, and it will never need, money more than at the present time. May the Lord bless all with an earnest disposition to aid the cause of God just now. Address the General Conference Association, Battle Creek, Mich. S. H. LANE.