# LCMS Convention Proceedings_St. Louis Missouri_1947_S581
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

FINANCIAL MATTERS B81

has no jurisdiction in connection ‘with the conduct of mission
work, but to carry on such work requires money and sometimes
..special appropriations are necessary as unexpected opportunities
present themselves for missionary expansion. Therefore the regular
reports of the Executive Secretary of Missions and our representa-
«tion at the meetings of the Home Mission Board proved mutually
_ helpful. One of the questions discussed was the control of extra-
territorial missions, which are now conducted by adjoining Dis-
tricts. The Board of Directors agrees with the Mission Board that
it would be advantageous to place such missions directly under the
control of the General Home Mission Board, as they are being
supported by the Synod at large. — The moneys collected through
the Peace Thankoffering for Missionary Expansion were of great
help in connection with our Foreign Missions when needs arose and
opportunities presented themselves for which there were no regular
budget allowances. The same is true of our South American mis-
sion fields, including our institutions in Brazil and Argentina.
Special appropriations had to be made for the African Missions
as well as for our Negro Missions in the States.

15. Insuring Properties of Missions Among Deaf and Blind.
Such properties are held in the name of Synod. Our rule is that
Synod carried no insurance on its buildings, although lately the
Fiscal Conference resolved to establish a reserve fund from which
eventual losses are to be paid. This fund is still relatively small.
The Board therefore asks Synod for a ruling as to whether we
should carry insurance on the properties of the Deaf and Blind
Missions.

Seminaries and Colleges — General

16. Building Appropriations. The Saginaw Convention made
definite: building appropriations for colleges in the amount of
$240,175. In the majority of cases the grants for buildings carried
with them no definite appropriations. These had to be made by
the Board of Directors within the $1,500,000 item in the Peace
Thankoffering. When bids were received on the basis of actual
plans and under the rising costs for material and labor, the original
allocations were found to be insufficient and had to be adjusted
upward by about 30 per cent. For such additional building re-
quirements the Board made provision by drawing on surplus
earnings not set aside for other purposes. At that, labor conditions
and the cost of materials, as well as the impossibility of getting
priorities, kept most of our, Boards of Control from carrying out
their building projects, as their individual reports to Synod show.
Their appropriations are available as soon as they can build.

17. Professors’ Salaries. Considering the increased living costs,
keeping in mind Synod’s resolution (Proceedings, 1944, p.114,C.),