# LCMS Convention Proceedings_St. Louis Missouri_1944_S881 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) 296 FINANCIAL MATTERS may elect. May the example of Mr. Horst encourage and stimulate ‘others who may be interested in the Luther Tower, this important. feature of the plans of the St. Louis Seminary. 14, Adjustments in Pension Matters were left to be made from time to time by our Board together with the Board of Support -: and Pensions. We leave it to the latter board to report on these matters. . Seminaries and Colleges in General .15. Synod in 1941 authorized the Board of Directors to make | the proper adjustments of professors’ salaries, without reducing - the basic salary scale, and as soon as possible to bring these salaries’ back to the normal level or to instruct the Fiscal Conference to make provisions for restoration. (Proceedings, p. 134.) Since there ‘was no provision in the 1941 budget for such immediate general restoration, the Board granted a 10 per cent Christmas bonus on the December and January salaries of all professors, including assistants. In January, 1942, it was resolved to restore the normal salaries of all professors, effective February 1, and in May, 1943, it was decided, because of the higher cost of living, to give all regular professors an emergency increase of 10 per cent for the duration of the war, this increase to begin with March 1, 1943. The salaries of all assistant professors were also adjusted according to their time of service. 16. Synod, according to the 1938 Proceedings, pp. 47 and 49, made it the duty of the Board to grant the necessary allowances - for physical education at our seminaries and colleges. We made such allowances within the budget fixed by the Fiscal Conference, seeing to it that the funds are used for “instruction in physical education.” Allowances for equipment in this department are authorized with other equipment under “repair and replacement orders.” This is working out very well. 17. As to physical examinations at our schools. (Proceedings, 1941, p. 346), the Board, after due investigation and much corre- spondence with the various colleges, adopted a detailed program and a health questionnaire, which are being tried out at the schools. 18. Summer repairs were regularly taken care of by our Com-' mittee on Colleges. Various Seminaries and Colleges 19. Much of the time at our meetings was spent in considering the routine requirements of the individual schools, as presented by our Committee on Colleges, which was at all times in communica- tion with the local Boards of Control. We must again emphasize‘ the cordial relations between the Board and these local boards, who > are to be highly commended for the great amount of time and