LCMS Convention Proceedings St. Louis, Missouri — 1932, Page 160

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232 Proceedings of Thirty-Fifth Regular Convention,

have exceeded our expectations. We are firmly convinced that this
innovation was a step in the right direction and that the savings
accomplished by introducing uniform methods and systems and proper
check on appropriations more than offset the expeditures for salary
and traveling expenses of this newly created office. Synod is for-
tunate in securing the services of Mr. A. W. Huge, who is excep-
tionally well qualified to perform the duties required, is conscientious,
faithful, resourceful, has initiative, and above all is endowed with
Christian virtues and has the welfare of Synod at heart.

3. Our auditor has annually audited the books of the General
Treasurer of Synod and of all departments of Synod handling synod-
ical funds, and detailed reports of such audits have been submitted to
us for review. In this connection we wish to express our appreciation
of the generally fine cooperation given to Mr. Huge by the various
college and mission boards.

4. Because of the nature of Concordia Publishing House, with its
outside business and credit contacts, a firm of public accountants is
still making this audit. Our auditor, however, made a very thorough
survey of the financial and mercantile side of Concordia Publishing
House in behalf of Synod’s Board of Directors. This survey covered
the past fifteen years and was conducted during the year 1931. A de-
tailed report was made to Synod’s Board of Directors. At the request
of the Synodical Conference the colleges and all departments of the
Colored Missions were checked by our auditor. A survey of the Wheat
Ridge Sanitarium and audits of the National Broadcast Fund of the
L. L. L. and of the General Funds of the L. L. L. were also made by
My. Huge. ,

5. A study of the audit reports and cost statements submitted
has disclosed facts and observations which should be brought to
Synod’s attention. For instance, the high per-capita cost of some of
our institutions is directly traceable to a very noticeable drop in their
enrolment. In this connection, however, there were vacancies in the
faculties of several of the institutions thus adversely affectedswhich
vacancies, it would seem, would ‘not need to have been filled :until
there was again an increase in the enrolment. Under our present
arrangements a surplus of man-power can only be adjusted ‘at the
time of such vacancies. We are of the opinion that where vacancies
occur in the faculties the Board of Directors should be consulted be-
fore such vacancies are filled.

6. There is an inequality in the furnishing of study- and
dormitory-rooms at our institutions. Some of our older institutions
charge a “furniture fee,” out of which replacements are made; at
other institutions, particularly the newer ones, no such fees are
charged, and, as a consequence, Synod must make the replacements.