Hard Times by James White

The Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Apr 13, 1876

FromThe Review and Herald, Review and Herald, Vol. 47, No. 15.

Hard Times.

By James White

THERE is a general complaint all over our land of hard times. And probably no class of business men are affected by the hard times more than publishers. For the first time in about ten years the S. D. A. Publishing Association is paying ten per cent interest on several thousand dollars. We need help which our brethren can give in several ways.

1. There is a debt on our College of nine thousand dollars, and pledges to more than cover this amount. This nine thousand dollars the College drew from the Publishing Association, and the Association needs this sum to pay its debts and continue its increasing business. The payment of these pledges to the College would remove a disgraceful debt there, and furnish the Association with much-needed funds. All persons who are able so to do should pay their pledges at once. Notice will be given through the mails to delinquents of the amounts of their pledges, with the expectation that they will make an immediate response.

2. Those of our brethren who have one or more hundred dollars which they can deposit at the Review Office without interest will confer a great favor at this time by making such a deposit, for which they can have the Association’s note.

3. State Conferences that have a surplus of means are invited to make the same deposit with the privilege of drawing out their funds upon a week’s notice.

And we wish it distinctly understood that no individual is benefited by such deposits. Our publishing work, which is the right arm of our strength in sending the light of truth abroad, in the English, French, German, Danish and Swedish languages, is alone benefited by these deposits.

The Seventh-day Adventist Publishing Association is a very strong and a very safe institution, much safer than our banks. Scores have refused to deposit in it without interest, feeling that they must have interest on their capital, and have lost both capital and interest by investing it elsewhere; others will continue to do the same, while many others, we trust, who are able to deposit without interest will respond to this call without delay, notwithstanding the hard times.

JAMES WHITE, Pres. S. D. A. P. A.