# LCMS Convention Proceedings_St. Louis Missouri_1956_S618
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

618 FINANCIAL MATTERS

requests in a “package collection” under the guidance of a com-
mittee consisting of representatives of these agencies. The goal
of the collection was $5,000,000, to be divided as follows: Valparaiso
University, $2,500,000; Mill Neck Deaf School, $150,000; Deaconess
Association, $250,000; Bethesda Home, $1,700,000; World Relief,
$400,000. Each agency was to share percentagewise in the income,
Money is still coming in for these needs, although the goal has
not been reached.
B. College Matters

1. Through its divisional Committee 4 the Board kept in close
touch with the requirements of our colleges, as brought to our
attention through the Board for Higher Education. The reports
of the various college boards and the Board for Higher Education
indicate what progress has been made and what requirements will
have to be met.

2. Special mention should be made of the Senior College,
a matter on which the Board for Higher Education will report in
detail. As time went on and prices went up and the student
capacity had to be increased in accordance with the growth of
Synod, and as the urgent needs for an adequate supply of pro-

' fessional workers in the church became more apparent than ever,

the Board could not but go along with the Board for Higher
Education. With the approval of the Survey and Findings Com-
mittee we agreed to allow up to $5,200,000 to be made available
for the construction of the college, so as not to hold up the building
of the necessary units and thus increase the cost; and we agreed
furthermore to join the Board for Higher Education in asking Synod
to ratify this action. Whatever sums beyond that may be needed
should be scrutinized by Synod itself at this convention, and we
recommend that the necessary additional funds be made available.
Even $7,000,000 is comparable to the amount spent for the new
Seminary at St. Louis, considering the increase in prices and the
devaluation of the dollar.

C. Charter of Synod

Already in 1950 (Proc., p.561£.) Synod recognized the neces-
sity of amending its charter, which was granted as far back as
1894 and amended in 1918, 1920, 1933, and 1938. The Committee
on Constitutional Matters recommended a complete revision of
the charter, on which a committee composed of Mr. Geo. EKigel,
our attorney, and Messrs. Henry Buck and Herbert Kuene will
bring in its recommendations.

D. Youth Survey

In co-operation with the Young People’s Board and the Walther
League, the Board of Directors, through a special committee, made

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