# LCMS Convention Proceedings_St. Louis Missouri_1947_S551 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) PUBLICATION MATTERS 551 30, it is impossible to include the financial statement covering st triennium in this report; however, such financial statement zbe distributed to the delegates at the time of the convention. cknowledging with due gratitude the loyal co-operation of hole personnel, the Literature Board, the Faculty of Con- Seminary, the Board for Young People’s Literature, the for Parish Education, and many others, we respectfully sub- cour report. Rup. H. C. MEYER, Secretary ACTION Concerning Memorial 701, Report of Concordia Publishing Blouse, Committee 8 brought in the following resolution, which as adopted: "WHEREAS, Authorization for the enlargement of Concordia Publishing House has been previously granted by Synod; and _.. WHEREAS, The urgent need for additional space is becoming creasingly acute; therefore be it Resolved, That such enlargement be carried into effect as soon ‘as practicable. Placing Concordia Publishing House on a Non-Profit Basis (Unprinted Memorial 4) This memorial, submitted by the Rev. Richard E. Kuehnert of St. Charles, Mo., petitioned Synod to put our Publishing House n a non-profit basis, similar to the policy of the American Bible ciety, which publishes its Bibles at cost, since the business of -the Church is to “make Christians” and not to make money for the purposes of the Church. The necessary funds to carry out . these purposes would be furnished by the Christians through their freewill offerings. ACTION Committee 8 brought in the following resolution, which was . adopted by Synod: S Waereas, An unprinted memorial requests @ basic change in > the business policy of Concordia Publishing House and calls for the application of the principles of Christian stewardship toward the elimination of all surplus; and , Wuereas, The business policy of Concordia Publishing House has been characterized by efficiency and integrity; and Wuereas, The work of God’s kingdom, in so far as it touches the earth, must be conducted in a manner in keeping with ap- -proved business and sound stewardship of funds; therefore be it Resolved, That Concordia Publishing House continue its pres- ent policy.