The Southern Publishing Association, of Nashville, Tenn., Desires to Obtain Loans of Money
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The Southern Publishing Association, of Nashville, Tenn., Desires to Obtain Loans of Money
By George I. Butler
This institution, under the advice of the Southern Union Conference, and in harmony with the light given through the Testimonies that our public institutions should get out of the cities into the country, moved last winter to the outskirts of Nashville, putting up a building 120 x 70 ft., a very convenient building, indeed, for the publishing work. The old building was sold for $6,500, a very low price, for the sake of making this move. Three thousand five hundred dollars of this was paid down. The purchaser, a rich Jew, got sick of his bargain, and refused to pay the three thousand dollars remaining, and we either had to take it back or have a big lawsuit, lasting we knew not how long. So it was taken back, and, of course, this was a great disappointment to us, and caused us great anxiety and perplexity, but we thought the Lord was in it, and the prospect now is that we shall get several thousand dollars more for it in the near future than the price for which we sold it to the person in question. But the cost of moving, and this particular disappointment, have placed us in some degree of embarrassment for ready money. As we are in debt, and our creditors wish their pay, we need money. This office has paid its bills as presented, and we can truly say that our credit in the city, so far as we know, is good. We do not intend to keep a large bank account, and wish to obtain money on low rates of interest, the same as our other offices pay,—that is, about four per cent,—and we should be very glad, indeed, if any of our friends could place in the office money without interest. Some have small sums of money that they would be glad to place in a safe position, where they could draw upon it any time. Others are willing to loan for a term of years. Of course, this latter class is the one most desirable, but we would be glad to get money even for a brief time, to bridge over some of these perplexing difficulties. We ask our brethren in different parts of the country who can loan us money in this way to do so. It will be a great accommodation to us, and help us over the difficulties that have arisen from the circumstances we have mentioned. We were never more hopeful for the prosperity of the office than at the present time. Every new printing-office that has been originated among our people has had to pass through these particular difficulties. It was so with the dear old Review and Herald Office at Battle Creek; it was so with the Pacific Press, and with other institutions which have been organized among us, and this one is no exception. But these have outgrown their difficulties and become strong institutions, and we expect this will do the same, as the Testimonies of the Lord have spoken in behalf of this office, over and over, and it was brought into existence because of this light which came to us, and we believe it will successfully triumph over its difficulties. If our brethren are willing to trust us with some money at the present time, it will be very gratefully received. Pres. Southern Publishing Assn.