PAYING THE DEBT.
We are rejoiced to be able to report cheering progress in the payment of our debt. Our last statement, in the December number of the Missionary, announced the payment of $30,416, thus bringing the debt down from $93,232.99 in 1876, to $62,816.90, as reported at the Annual Meeting in 1877. It also gave a list of pledges of $5,000, reducing the balance to $57,816.90. Pledges and payments have been made since that date, which reduce the amount to a little below $50,000.
The spirit manifested by our friends in this movement, may be gathered from extracts from the letters we have received. A liberal friend in New England writes: “I have thought for a long time of your Society, and of its just call upon me for aid, additional to what I do when I send you our church collection. * * I will soon send you my check for $1,000” [it has been received] “for your debt, and I will add another thousand during 1878, conditioned upon the total wiping out of the debt in 1878.”
A friend in Hartford, Ct. says: “I have from time to time received reports of the doings and wants of your Association with much interest. You may count me in as one of twenty-five, for a thousand dollars for liquidating your debt, and I hope the full number may soon appear.”
Another Connecticut friend writes: “After getting through with the very busy month, and inspecting the balance sheets, I conclude to anticipate a little on the strength of my hopes, and promise you five hundred dollars toward the debt. I wish I could see my way clear to do more.”
A gentleman in Springfield, Mass., whose “Unabridged” contributions we have often had occasion to acknowledge, sends us his check for $500. “A worshipper at Indian Orchard,” remits $500.
One of our liberal and constant patrons at the West, tells his experience thus: “I could not see where the funds were to come from to aid you, but yesterday, to my great joy, the inclosed three hundred dollars dropped into my hands, and as a faithful and favored steward, I take great pleasure in handing it over to you, to aid in extinguishing the debt of the Association.”
Many expressions of regret come to us from those whose hearts are with us in this effort, but whose means will not permit them just now to help. We wish to express our earnest hope that an effort, so well begun, will not be suffered to fail. It will be seen that some of the pledges are made on condition that the whole sum be raised in a specified time—an additional reason for promptness on the part of those who desire to aid in the movement. We have avoided thus far, the expense of collecting agents, and we trust that the friends of the Association will continue to forward their contributions, and thus save us from any such outlay. It will be a triumph of economy, as well as of liberality.