FINANCIAL.
$500,000 FOR 1889-90.
Our financial exhibit, with the able report upon it, was one of the encouraging features of our Annual Meeting. The report of the Treasurer announced the gratifying fact that the books closed with all obligations and indebtedness paid, and with a balance on hand of over $4,000. The able Finance Committee gave a careful examination of the Treasurer's books and papers, and made very commendatory report as to methods and accuracy.
The National Council, at its meeting in Worcester, recommended that the churches contribute to the Association for the coming year $500,000. The Finance Committee after careful examination of the needs of the work endorsed the recommendation of the Council, and the Association heartily adopted the report. This sum, therefore, is what, in the judgment of competent persons, is imperatively needed; and we, therefore, take pleasure in going before our constituents, appealing for that amount.
THE DANIEL HAND FUND.
This noble gift, which awakened such enthusiasm at our annual meeting one year ago, came with its echo of work well done during the year—an echo which we trust will reverberate with steady force through all the years to come. In the Treasurer's report the figures were given as to the appropriations made from the income of this Fund during the year; in the General Survey cheering statements were made as to the many pupils it had stimulated to industry and education, and the buildings it had erected; and in several of the papers and addresses, grateful mention was made of the benefits conferred by it. We trust that other large givers may be stimulated to follow in the footsteps of one who has so wisely invested his money for the uplifting of the most needy in our land.
A recent letter from Mr. Hand shows his deep solicitude that his gift shall be used for the highest moral and religious purposes. He says: "I have feared that the teachers might be more concerned for letters than for morals. My bequest was given to you chiefly as a religious society. Religion is the first, chiefest and best of it all."