LCMS Convention Proceedings St. Louis, Missouri — 1929, Page 171

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172 Proceedings of Thirty-Fourth Regular Convention,
is the obtaining of reports from all solicitors.
that last year about $10,000 was received from
Permanent Support Fund.

In 1926 the Support Conference discussed this Matter at Je
and urged all servants of the Church to contribute, if at al] eth

, Possible
not less than $10 a year toward the Permanent Support Fund. The
following reasons were presented and concurred in: — ©

1) The definite, unmistakable, and
Synod relative to this matter;

2) The law of love, which imposes u
our fellow-workers and their dependents

3) The example of our fathers and of
Synod to this day;

4) The fact that such special contribution does not militate
against the principle that the congregation is to support its Servants;

5) The example of other church organizations;

6) The fact that personal contributions will

‘sonal and practical interest of our entire cler,
support.

Other good reasons could be added.

We would suggest that Synod authorize the Board of Support
to systematize the personal contributions by combining them with
the annuity plan in such a manner —

1) That a record will be kept of all contributions received in
this way from every servant of the Church;

2) That the amount received’ will be increase
interest ;

3) That from the time of his retirement or death the contributor
or his dependents will receive an adequate annuity for life in propor-
tion to the total contribution made. The residuum is to be added to
the Permanent Support Fund.

The working out of the details could be
mittee.

This plan would encourage those brethren who are willing to
comply with Synod’s request, and it would counteract the habit of
putting their savings in unsafe and unprofitable investments.

Respectfully submitted,
Tue Boarp or Support.

It appears, however
this source for the

unrepealed resolutions of

pon us a special duty toward

many of our brethren in

keep alive the per-

d by compound

left to a competent com-

Board of Support Requirements.

The requirement of the Board of Support continues to grow from:
year to year. To-day itis one of the major items in Synod’s budget.
At different times various suggestions have been made leading to
a change in the financing of this board. We believe that this

subject

gy in the cause of .

173

Ev. Luth. Synod of Missouri, Ohio, and Other States. 1929.
v. .

studied intensively by an independent committee, which
; ider all suggestions that have been made thus far as well
pall cons} ay come to its attention, get such expert advice as it
such * ind report its findings at the next convention of Synod.
may ee ittoe therefore recommends that such a committee be
Tom ated by your President.

apo Respectfully submitted by the

APPROPRIATIONS COMMITTEE.

ld be

‘Referring to these memorials, Committee 18 submitted the fol-
ey, ee ommittee desires to express its gratification over the fact

+ ihe ‘contributions of our people permitted an increase of 10 per
ane the average allowance to the dependents by the Board of
ont vt go that the present average allowance for married men is
ee per month, for unmarried $35 per month, for widows $28,
for children under 17 $12.

Your board requests Synod to direct them in the regulation of
the average allowance. Your Committee believes that Synod is hardly
in a position to establish a table of allowance, as this will always be
contingent upon the needs of the dependents and the funds available.
We feel, however, that even the present increased allowances are in-
adequate and would strongly urge our congregations to give more
consideration to the Veterans of the Cross.

We agree with the Committee on Appropriations that steps
should be taken toward a change in the financing of the Board of
Se the support of the Veterans of the Cross the Board of Sup-
port has various sources of income. The Lutheran Laymen’s League
Fund has reached a total of $2,642,738.24; the Permanent Support
Fund $109,373.80; cash legacies, not including the Raithel Farm,
; about $44,000. Then there are annuity gifts amounting to $42,362.10.

We heartily commend the Lutheran Laymen’s League for their
continued striving toward the completion of the Endowment Fund.
May they, with the help of God, reach the goal of $3,000,000 at an
early date.
4 Whereas the invested funds of the Board of Support do not
[ provide a sufficient return, we deem it advisable to take a further
step toward making the Board of Support self-supporting and to this
end recommend the following plan to build up the Annuity Fund: —
The Annuity Plan has already been adopted by Synod: The
Board of Support, according to the report, already has made twenty-
three annuity agreements for a total of $42,362.10. Almost half of
this amount it matured and was added to the funds of Synod. ‘The
Board of Support says: “The Annuity Plan deserves all the publicity