# LCMS Convention Proceedings_St. Louis Missouri_1947_S847 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) MISSIONS 848 Church Extension Funds as well as Synod’s Church Extension Fund must be materially increased if the accelerated mission-expansion program is to succeed. Added funds must be provided for equip- ment. The horse-and-buggy days are a thing of the past. The use of the lodge hall, of a vacant store, for public worship, the use of auto camps to house a missionary, can no longer be con- sidered. To meet present-day emergencies, be it suggested: a. To urge every synodical District to bend every effort to increase the District Church Extension Fund in a manner which will bring the best results; b. To include the General Church Extension Fund in the synodical budget. Realizing the present housing shortage, the Board of Directors set aside $200,000 from the Peace Thankoffering which the General Church Extension Board might use to assist in this emergency. $100,000 was granted the Board of Home Missions to help struggling mission stations in the repayment of Church Extension loans. Scrutinizing the present-day housing shortage, considering also the fact that the number of men graduating from our theological seminaries will increase year after year, Church Extension funds now available cannot meet the anticipated requirements. We must therefore look elsewhere to find ways and means to meet the need of the hour. Be it suggested to consider: The Establishment of a Synodical Building and Loan Depart- ment.—To inaugurate this Building and Loan Department, we might consider the appointment of a committee of five well- qualified businessmen fully acquainted with the conduct of building and loan associations. This committee is to study the need, the feasibility, and the advisability of the proposed effort. Be it further suggested: That the committee of five be augmented by one member each of Synod’s Board of Directors, of the General Church Extension Board, and of the Board of Home Missions. These members are to be advisory members to said committee. To gather the working capital for the Synodical Building and Loan Department, be it suggested: a. To make use of our own synodical surplus resources or unused funds as far as this is possible; b. To invite synodical Districts, organizations, and congregations to deposit unused funds into the treasury of the Synodical Building and Loan Department; ‘ c. To request loans from individual fellow Christians, Permit a few explanatory remarks: