# LCMS Convention Proceedings_St. Louis Missouri_1911_S319 # AI translation — CHI Digital Archive (demonstration) — 105 — Should not a fixed period — best of all, probably, the calendar year — be established for all the financial reports of the General Synod and of the districts? The Concordia Publishing House could, to be sure, without disadvantage — and this is in fact urgently desired by the House itself — keep its own fiscal year, though not its present one, but rather one running from about July 1 to June 30. The Atlantic District therefore ventures to propose this change, which our General Treasurer, Mr. J. F. Schuricht, as well as our General Agent, Mr. E. Seuel, also heartily recommend. 2. Simplification of the Treasuries. We evidently have an unnaturally large number of treasuries. This brings with it many disadvantages, which is why complaints about it are frequent. Our treasurers usually have to keep 40 to 60 accounts in their books. The congregations scarcely know how to go about remembering every treasury each year. Often a treasury, once a special cry of need has gone out for it, has a surplus for a year or even longer, while several others are meanwhile struggling with want. It would be a modest help if a number of treasuries were merged. The Synodical Treasury and the Building Fund could become one treasury; the treasuries for the European free churches, London, Australia, New Zealand, and Brazil could be merged into one — the one for Home Mission Abroad — and the Indian mission could be added to the heathen mission. A far more thorough remedy, however, would be to introduce a sweeping simplification, say in such a way that the whole multitude of our treasuries would be reduced to the following five: 1. The Synodical Treasury. Through this would pass all gifts for all purposes of the Synod, including new buildings. This is in accordance with our constitution. According to Chapter VI, I, 5, the money that pastors and teachers pay into the Synodical Treasury, and that is collected from the congregations for this treasury, is to be used: "a. to defray the general expenses of the Synod (officers' outlays, stationery, printing costs for the synodical report, postage, and the like); b. to accomplish churchly purposes (the founding and maintenance of church institutions for the training of future pastors and teachers, and the like)." Later, alongside the Synodical Treasury, a Building Fund was established. As the number of institutions grew, a separate treasury was established for each one. This, however, was soon recognized as an ill and was therefore changed. The synodical report of 1869 states on page 99: "Resolved, 3: that henceforth, instead of the separate building funds hitherto kept for the various buildings, only one general Building Fund shall be established." In 1905 it was resolved that henceforth the expenditures for such new buildings, repairs, and improvements...