T5he Book Concern Report To the Twenty-tKird General Conference Of the A. M. E. Church, held in Norfolk. Va„ May 1905 REPORT OF THE BOOK CONCERN OF THE Africa.r\ Methodist Episcopal Church TO THE Twenty-third Quadrennial Session Of the General Conference of the A. M. E. Chvirch, HELD IN NORFOLK, VA„ MAY 1908 PHILADELPHIA The A. M. E. Publishing House 631 Pine Street 1908 RT, REV. B. W. ARNETT, D.D. President of the Board of Publication from whom we expected much good advice and help¬ fulness was permitted to preside over only one of the Board Meetings before he was called from labor to reward by the reaper death. His demise occurred at Wilberforce, Ohio, at his home in the peaceful embrace of his family October 10th, 1906. This noble hero, defender of his race, states¬ man and Churchman has passed from us; peace to his ashes. 5 TO THE BISHOP AND MEMBERS OF THE GENERAL CONFERENCE OF THE AFRICAN METHODIST EPISCOPAL CHURCH, ASSEMBLED IN THE 23rd QUADRENNIAL SESSION, AT NOR¬ FOLK, VIRGINIA, MAY 4TH, 1908. Reverend Fathers and Brethren :— The Publication Department of the A. M. E. Church is still an active agent in the moral, religious and intellectual de¬ velopment of our great Church constituency, in particular, and of our people in general. It is still filling the design which was borne in the minds of the fathers, who brought it into existence, which design was to spread the light of information, to encourage, uplift and inspire the spirit of business enterprise. Every dollar which has been invested for its support and continuance has yielded an abundant harvest in the impressions the literature sent forth by its output, has had on the mind and character of those who have come under its influence. It has furnished the necessary course of study to hundreds of our ministry, in the books printed and issued, and it has spread through the "Christian Recorder," "The Review," and hundreds of books and pamphlets such information as has been a tower of strength to our great and growing denomina¬ tion. This view of the great question in reference to the value of this Department is too often overlooked and underestimated in the great rush of this commercial age for the Almighty Dollar. Information is now and has been the crying need of our people, and a far-reaching influence promoting this idea, is still the need of the hour. The Book Concern has and is still filling this unique need. 6 OUR WRITERS AND AUTHORS. It has been an inspiration to our Writers and Authors to give to'tlie world any good thought which germinates in their minds, and at the same time to receive some remuneration for time spent in preparing those thoughts for the public. It has been the vehicle upon which the thought of the greatly oppressed hearts of a down-trodden race could be con¬ veyed to the great dominant people of this country. It has been the medium through which wrongs could be made known and redress before the bar of public opinion and favorable public sentiment created. Its value cannot be estimated in dimes and dollars, but rather by its power as a factor in the uplift of a people. Its operations as an educative and missionary factor in our Church development for more than a half century is its priceless asset. With sturdy strokes through the "Christian Recorder," "Review," and other books, it has endeavored to drive back ignorance, and with these wings of light and intelligence lift men up to Truth and to God. APPROPRIATIONS AND ALLEN DAY. From Financial Department $2,023 22 Allen Day I<3°3 00 Total ' $3-326 22 CONDITION AND CAPITAL. The Financial Condition of the country which sent such widespread destruction to thousands of business enterprises, greatly affected us. In sections of our country from which we get our largest support, like the great Cotton Belt, we lost heavily in the busi- 7 ness returns which these sections always bring to our Depart¬ ment. The people did not have the money to spend. Cotton was tied up and farmers unable to move their crops to the market. This was a severe strain on us, and only God knows how we were able to stem the heavy business tide which set in against us. NO CAPITAL. We had no capital reserved to which we could go for re¬ lief. The whole truth of the matter is, that the Book Concern has never had any Capital upon which to run its business; it has always been a Business built and operated on Faith and Hard Work. This shows that the Book Concern has never been pu,t on a sure business basis. The fact of having no Capital on one hand, and a falling off in business on the other hand, consequent to the panic, I was brought face to face with a stern business proposition— Money or Failure! Money or close your doors, as hundreds of strong business houses had done. No money being available in our treasury, I was com¬ pelled to borrow from friends—also to draw on my personal funds, frequently every dollar of my salary, and also borrow from my wife, to keep the business intact—keep the doors open and save the business. During all this strain I was compelled to stand the mis¬ understanding and misrepresentations of various writers in the "Christian Recorder," whose writings had a great tendency to weaken the Department, create a seniment against it and kill its business. Only God knows how I have been able to stem this awful destructive tide which set in from many quarters as though there was a deep-seated desire to bring failure to this De¬ partment. But by God's grace we have endured hardness as a good soldier, and present ,to you the Department intact to-day. Mrs. Ruth M. Collett during all this strain has been my 8 most valuable helper as field agent without salary. Not less than Ten Thousand Dollars ($10,000) worth of business has been handled by her for the Department, every penny of which has been accounted for to both the Bookkeeper and Auditor. our liabilities not greatly increased. The Report will show that in the face of conditions men¬ tioned, our liabilities have not greatly increased. The net loss of Capital Account is $798.94. Accounts ,to the amount of Two Thousand Dollars have been charged off on the books in four years. We hereto append our Financial Statement:— Statements from the Books of the Book Concern of the A. M. E. Church, April i, 1907, to Marcpi 31, 1908. ASSETS AND LIABILITIES. ASSETS. Real Estate, 631 Pine St., old valuation subject to mortgage of $5,000 $17,500 00 Machinery 4,600 00 Office Fixtures and Furniture 500 00 Organ 50 00 Merchandise, as per inventory 3484 00 TyPe, Job Press, as per inevntory 1,172 00 Plates and Cuts, as per inventory 2,050 00 Job Press, Paper and Supplies 68 00 "Recorder," Type and Fixtures 300 00 Cash 54 10 Acounts Receivable 3,286 31 LIABILITIES. Old Loans, notes and interest, * • ■>*• $4,54i 59 Wilberforce University, interest on mortgage accrued to March 31, 1908 1,740 13 Bonds payable 321 00 $6,602 72 Notes payable: Quaker City Paper Co 1,070 00 Wm. Bryan's checks outstanding 402 00 John H. Collett and Ruth M. Collett, 2,856 97 Total of loans, notes, due bills, interest payable $10,931 69 Accounts payable, 1,159 02 Wages accrued 50 00 Mortgage Payable 5,000 00 Total liabilities $17,140 71 Balance or Net Capital 15,923 70 $33,064 41 $33,064 41 9 Statements from the Books of the Book Concern of tiie A. M. E. Church, April 20, 1904, to March 31, 190S. MERCHANDISE ACCOUNT. FOUR YEARS. Sales. Direct Costs. Gross Gains. April 20, 04, to March 3L 05 $ 6,273 93 $ 1,537 75 $ 4,736 18 April 1, 05, to March 31, 06 10,132 30 3,837 79 6,294 5i April 1, 06, to March 31, 07 7,684 04 2611 66 5072 38 April 1, 07, to March 31, 08 6,604 95 3,490 12 3,314 83 Merchandise Sales, four years $30,895 22 — Merchandise Direct Costs, four years. .. . $11,477 32 Merchandise, Gross Gains, four years... $19,417 90 JOB WORK DEPARTMENT. FOUR YEARS. Sales. Direct Costs. Losses. April 20, 04, to March 31, 05 $ 1,322 93 $ 2083 07 $ 760 14 April 1, 05, to March 31, 06 2,615 73 3038 69 422 96 April 1, c6, to March 31, 07 3,328 14 4,712 46 1,384 32 April 1, 07, to March 31, 08 3-°4i 95 4 459 61 1,417 66 Total Job Work Department, four years. $10,308 75 Direct Costs, four years $14,293 83 Losses, four years $ 3,985 °8 "RECORDER," FOUR YEARS. Sales. Costs. April 20, 04, to March 31, 05. $ 3 733 12 $ 2,959 34 April 1, 05, to March 31, 06. 3,973 19 4,247 27 April 1, 06, to March 31, 07. 3833 46 3>9:4 85 April 1, 07, to March 31, 08. 3,764 89 3,154 79 Total Business, four years. .. $15,304 66 Direct Costs, four years $14,276 25 Gains, two years $ x-383 88 Losses, two years $ 355 47 $ 355 47 Balance or Gain, four years.. $ L028 4* Losses. Gains. $ 773 78 274 08 81 39 610 10 10 summary of Business. FOUR YEARS. Sales. 1 Direct Costs. Losses. Merchandise $30-895 22 $r M77 32 Job Work 10,308 75 i4,293 83 3,985 08 "Recorder'' 15-304 66 14,276 25 Total Business, four years.. . $56,508 63 Direct Costs $40,047 40 Gains, Mdse. and "Recorder". Losses, Job Work $ 3,985 °8 Gains on Total Business Office Rent Received Use of Organ Received Total Gains Gains. $19,417 90 1,028 41 $20,446 31 3.985 08 $16,461 23 481 00 66 00 $17,008 23 EXPENSES. April 20, 04, to March 31, 05 $ 3,393 27 April 1, 05, to March 31, 06 3-734 60 April 1, c6, to March 31, 07 3,613 77 April 1, 07, to March 31, 08 3,760 09 $14,501 73 Net Gains on Business, four years $ 2,506 50 PROFIT AND LOSS ACCOUNT. FOUR YEARS. GAINS AND CREDITS. Net Gain on Business, four years $ 2,506 50 Allen Day: 4, 20, 04, to 3, 3, 05 $ 216 37 April 1, 05, to March 31, 06 492 82 April 1, 06, to March 31, 07 434 63 April 1, 07, to March 31, 08 403 58 Total from Allen Day 1,547 40 Donations : April 20, 04, to March 31, 05 1,302 00 April 1, 07, to March 31, 08 1 00 1,303 00 Appropriation from Financial Department: April 20, 04, to March 31, 05 $ 450 00 April 1, 05. to March 31, 06, none April 1, 06, to March 31, 07 923 22 April 1, 07, to March 31, 08 $ 700 00 Less to H. T. Johnson 50 00 650 00 2,023 22 Total Gains ' $ 7,380 12 11 LOSSES. FOUR YEARS. Interest Payable on Mortgage and Loans and Notes: 4, 20, 04 to 3, 31, os $ 864 19 4, 1, 05 to 3, 31, c6 850 55 4. 1, 06, to 3, 31, 07 886 93 4. 1, 07, to 3, 31, 08 970 28 $ 3,57i 95 Taxes, Water Rent, Repairs and Sundry Items: 4, 20, 04, to 3 31, 05 $ 339 19 4, 1, 05, to 3, 31, c6 227 88 4, 1, 06, to 3, 31, 07 292 79 4, 1, 06, to 3, 31,-08.' 273 02 $ 1,132 88 Depreciation cn Plates and Cuts 1,358 57 Worthless Amounts and Accounts Adjusted: 4, 20 04, to 3, 31, 05 $ 745 65 4, 1, 05, to 3, 31, 06 77 81 4, 1, 06, to 3. 31, 07 244 23 4, 1, 07, to 3, 31, oS 1,047 97 $ 2,115 66 $ 8,179 06 Gains 7,380 12 Net Loss to Capital Account 798 94 CAPITAL ACCOUNT. FOUR YEARS. Balance or Capital April 20, 1904 $17,'095 38 LESS. Adjustments, omitted 4, 20, 04, to 3, 31, 05, Dr $ 558 11 Adjustments, omitted 4, 1, 5, to 3, 31, 06, Cr 285 37 $ 272 74 Adjustments, omitted 4, 1, 06 to 3, 31, 07 100 00 $ 372 74 Loss, four years 798 94 $ 1,171 68$ 1,171 68 Balance or Net Capital April 1, 1908 $I5>923 7° 12 THE JOB DEPARTMENT. The Job Department is charged for time used in printing Church Supplies, at the same time the cost from Church Sup¬ plies is not credited to the Job Department, hut to the credit of the general business. This makes the apparent loss on Job Department of $3,985.08 for four years. Now, if the Church would send us sufficient printing, we could run a full-fledged Job Department, but as they do not, the hands are compelled to work according to necessity and time. It must he remembered that the Job Department is the great feeder of the Book Concern, and that its credits for work are represented in the $13,000 business done, so that the loss is only apparent, but not real, 011 the Job Department side, part of its profit being in the merchandise sales. SUPPLY GREATER THAN THE DEMAND. We have been amply prepared a,t all times to supply our trade. Our shelves at the store and the bindery have had on hancj. a supply much greater than the demand. This is convincing proof that the plant is sufficient in size and producing power to supply the demand, eyen if it were twice as great. 13 All through the Quadrennium we have had on hand more Hymnals than we could dispose of for cash. BOOK CONCERN DON'T MAKE MONEY. This complaint comes from many that the Book Concern has not yielded a dividend to the Church during all its years of operation. The reasons are as follows:— The Hymn Books and Disciplines are not used in all the churches. Dozens and scores of our congregations have only one Hymn Book, and that is on the pulpit, and there are nu¬ merous -other churches in which you cannot find one A. M. E. Hymnal. AVho is to blame for ,this? Surely not the Publish¬ ing House. This is the point on which the money-making power of the Book Concern hinges. When sufficient interest can be awakened to- have at least one-fourth of our great-communion use our Hymnals in Divine Worship and read our Church papers, the Book Concern will make money. No Manager single handed and alone can arouse such in¬ terest in the churches; none but the pastors., FOR EXAMPLE. In 1900 we printed 20,000 Disciplines as a supply, for eight hundred thousand members. F ourteen t liousamfofthese remain unsold. In 1904 we printed thirteen thousand five hundred (13,500) Disciplines. Of these we have sold thirteen thou¬ sand four hundred. Two thousand of these, more or less, were sold on credit, for which we have not received one cent. Take for example, five thousand of our churches averag¬ ing three Stewards to a church, will give us 15,000 officers. Now, if each of these officers had purchased a Discipline, we would have sold 15,000 Disciplines to Stewards. Each of these same churches averaged not less than three 14 'Trustees. If each of these had purchased a Discipline, we would have sold 15,000 more Disciplines, making- 33,000 Dis¬ ciplines. Averaging- the same number of Class Leaders, Stew¬ ardesses, with six: thousand preachers, we would have an en¬ rollment of sixty-six thousand who of necessity should have a Discipline. At the rate of fifty cents each, it would give a revenue of $33,000. We do not stop here in giving the reasons why the Book Concern has not made money and cleared a dividend for the Church. But we ask in all seriousness, who prints all the Minutes of the various Conferences? Who did the printing of the Programmes and other publishing for this great assembly here in session? No,t the Book Concern. Who does the bulk of printing for the great A. M. E. Church and receives the revenue therefrom? Not the Publi¬ cation Department at 631 Pine Street. All that the Publication Department has received to print for this great Conference was 100 letterheads for each of the twelve Bishops; Delegates General Conference Credentials; The Woman's Mite Missionary Quadrennial Report; The Blue Book of the Church Extension Department by Dr. B. F. Wat¬ son; and the A. M. E. Church "Review" Report, Prof. H. T. Kealing. Who will get all the money to be paid out for the print¬ ing necessary to carry on this Conference? Not the Book Concern. The Book Concern will never make money until it re¬ ceives the patronage of the A. M. E. Church from every quar¬ ter. Then we will swell our borders and be able to manipulate a hundred thousand dollar printing plant, with hundreds of our young men and women employed in its operation. If the master starve the horse by refusing the necessary supply of oats, the horse of necessity must be poor. The Church is the miaster, the Book Concern the horse. So, if it 15 is poor, the Church is responsible, because they have not given it the proper support. A. M. E. Hymnals printed for the four years for eight hundred thousand members :— Musical 10,385 On hand, 903 Word, 181110 4,000 On hand, 1,780 Word, 321110 25,000 On hand, 1,725 Totals 39085 • 4,408 Number sold, 34,977. THE A. M. E. "REVIEW." We have printed and bound the "Quarterly Review," and the work has been satisfactory to the Editor. The revenue coming from this work greatly aided us in our general business. OLD DEBTS PAID IN FULL AND IN PART. Xenia National Bank $1000 00 L. Lowndes 100 00 T. G. Steward 100 00 Moorehouse 165 00 Rev. Theo. Gould 70 00 Hultz 96 83 William Ramsey 87 97 George F .Lasher 32^ 65 Methodist B. S. N. Y 79 29 Frank Miller 99 OI Bishop C. T. Shaffer 44 22 G. H. Fisher n 5° H. Gould 21 00 S. Amnion 37 74 Sayer U 00 Fost 40 00 E. H. Eiler 5 69 16 Berlin Co *6 35 H. W. Bass 105 oo Elliott 88 90 The Franklin 63 91 Osman 5 00 Godfrey 25 65 H. Katz . . . 3 3° H. Fuller 1 35 Keystone 19 61 Knowland 31 20 Hall & Mack 24 46 Sprague 3 5° Winston 2 93 Queen City 18 30 Kezer 21 45 Mrs. William E. Matthew 5° 00 Bishop Tanner 52 12 Bishop Coppin 61 35 Bishop Gaines 3° 00 George F. Lasher 145 00 Bonds 50 00 BOOKS AND PAMPHLETS PRINTED. Hymn Books, 321110 25,000 Hymn Books, i8mo 4,000 Music, o 1110 10,385 Disciplines i3>5°o South African L. B., Bishop Coppin 2,000 Pulpit, Pew and Pen, H. T. Johnson 500 Philadelphia Conference Minutes, i904-'o5-'o6-'o7. . . 8,000 Pittsburg Conference Minutes, 1904 1,200 New Jersey Conference Minutes, i903-'o4 2,400 Bishop Derrick's Address 3,000 Sermon by Rev. S. P. Jones 2,000 Bishop C. S. Smith's Response 2,000 New England Conference Minutes, 1904 600 New Jersey Conference Minutes, 1905 1,200 Baltimore Conference Minutes, 1905 1,200 X-Ray of Life, Campbell 1,000 11 New England Conference Minutes, 1905 600 Brown Chapel, Ford 2,000 Ohio Conference Minutes 1,000 North Ohio Conference Minutes 1,000 Sanqtified Dollars, Hood 1,000 Texas Conference Minutes 1,000 Mississippi Conference Minutes 1,000 Baltimore Conference Minutes 1,200 * 7 New York Conference Minutes, 1905 1,000 Ohio Conference Minutes, 1905 1,000 North Ohio Conference Minutes, 1905 1,000 Michigan Conference Minutes 700 A. M. E. "Review" 44,800 Oklahoma Conference Minutes 500 Baltimore Conference Minutes, 1906 1,200 New York Conference Minutes, 1906 1,000 Michigan Conference Minutes, 1906 1,000 Ohio Conference Minutes, 1906 1,000 North Ohio Conference Minutes, 1906 1,000 New England Conference Minutes, 1906 700 New Jersey Conference Minutes, 1907 L5°o Baltimore Conference Minutes, 1907 1,200 The Kingdom] of Juclah 1,000 Ohio and North Ohio S. S. Institute 1,000 New York Conference Minutes, 1907 1,000 Ohio Conference Minutes, 1907 1,000 North Ohio Conference Minutes, 1907 1,000 Philadelphia Conference Branch M. S 1,000 Women's M. S. Quadrennial Report 1,000 Church Extension Report, 1908 1,000 A. M. E. "Review" Report, 1908 1,000 Book Concern Report, 1908 1,000 Law Brief, Ballantine 50 Quarterly Conference Records • 588 Queen of Songs 1,000 Origin and Development, Palmer 1,000 Bishop Gaines' Address . 2,000 Methodist Politics 1,700 Order Service 1,000 Embry's Digests 500 Rituals 5°° The Key, Coppin 1,000 18 "THE CHRISTIAN RECORDER." We have issued the "Recorder" regularly each week. Our report shows that the total amount of cash realized 011 the "Recorder" in four years is only $15,304.66, an average of $3,826.16 1-2 cents per year. With this small amount on one hand and the great in¬ crease of the price of paper, ink and other printing supplies, and the increased demand for more new matter to be set up weekly, we were put to the greatest stress to furnish the neces¬ sary finance to carry 011 the work. 19 Much of the lnatter for the "Recorder," owing to the small force of printers employed at the Department, had been set up outside of the Department, by the Linotype people. This increased our bill with the Linotype Company to the amount of $1,200. At the same time the subscriptions were falling off. We decided to decrease the expense of getting out the "Recorder," and for this purpose we had the New Simplex Typesetting Machine installed in our building at the cost of $1,896.83. The machine when operated at its highest speed will do the work of from four to six men. This stopped the increase of our bills with the Linotype people for "Recorder" matter. About this time these people demanded payment at once for the $1,200 due them. Not being in condition to pay, we were forced to- give Judgment Notes to the amount of $2,400, for which, by God's help, we made settlement out of our own personal means for the entire amount, except $51.00. We are now setting up the "Christian Recorder" matter with the New Simplex Machine at a great weekly saving of its expenses. In furtherance of this cause, Mrs. Ruth M. Collett, my valuable assistant, volunteered to raise by free-will donations and solicitations five hundred dollars on the purchase price of the machine. $422.43 of this amount has been raised by her and paid on the machine. THE NEW MACHINE. STATEMENT. Cost of Machine Amount paid January 1, 1908 $1,896 83 735 Balance due January 1, 1908 $i,r5i 20 20 WORK ACCOMPLISHED. We hare placed in our composing" room a most wonder¬ ful [Jece of new machinery—The James A. Handy Simplex Typesetting- Machine, at cost of $1,896.83. This is the first Typesetting Machine ever installed in the A. M. E. Publishing- House during its nmety years of existence. 21 We have paid 011 old debts. ..." $3 232 63 We have paid interest 3)57! 95 Total $6,604 58 The above we can consider as a balance. We have ar¬ ranged and printed a new "Quarterly Conference Record," the entire revenue of which goes to the Department. This is the first of its kind published by the Book Concern from which the Department gets the entire revenue. VTHEtOFFICJAL ORGAN- thJAF RI CAN ■ METHO D 1ST-E PIS05 PAL C H U RCH.\ OUR BROTHEjg^dS^ ^ The Weekly Run on The Christian Recorder Third Week < Fourth Week -/foe, April May July August September October November 'December] Si 0-°. it? if 7J~t> niro f/o 0 Si 0 0 Si 5 o 515 0 5/ IS 5150 55*75 /05-3 6 u. fro if P6~0 if? 50. 50 DO 5/oo 5/ rb 51 So SIS o sns Sue. o St So iotfiO b 2 6"2 Ot> n-jro 5 76~b yro if 7 ro yfOO Iff50 50 0 D 50 Z 5 50 2 5 50 50 51 & 0 51 M) 51 5 0 5/50 5/5 0 5/5 0 5175 5H5* Sitoto 5100 5U. od 5 if 00 5515 5(0 00 515 to f! 0 Q 7^ QO°)'1,qOly 0 0 Of 'Jy-f that we had no capital, and at the same time burdened with long-standing debts, repulsed by attacks of unjust criti¬ cism, in the columns of the paper which should have been our defence, we have stood like the sturdy oak of the forest in the grasp of a mighty storm, silent, but with our hand in God's hand, saying, "Father, forgive them.; they know not what they do." Yes, we have stood faithful to the trust, and we bring the Department to you to-day by God's help in better condition than we found it, when we took charge. We bring it with its lost credit restored, its business stand¬ ing in the mercantile world creditable, with its facilities for do¬ ing work increased five times by the addition of new and im- 27 proved machinery, and with stock on hand aggregating $6,000.00 When I review the conditions with which I had to con¬ tend, and transactions of the business life of this Department for the past four years, the success attained is marvelous. Through all God has been our guide and helper. We want this General Conference to note this fact, that $2,800.00 of my personal money and my wife's money has been loaned by me to the Department, since taking charge. The same was used from time to time to perpetuate and keep in operation the business of the Department. No Capital being available from! any other source, I was compelled to furnish the necessary Capital upon which to' run the business. This same cause of financing the Department by the Managers out of their personal funds has been necessary for a number of Quadrenniums. The records will show that Revs. Theo. Gould, J. C. Em- bry, R. H. Leak, all found it necessary to pursue this course. The Church from time to time refunded them their money. NEEDED LIGHT. Many are asking for light as to the expenditure of Eighty Thousand Dollars ($80,000) for the Publishing House, as set forth in an article by Bishop B. F. Lee, in a recent date of the "Christian Recorder." I wish to explain that I have not received .that $80,000, as many think, and it was not expended by us, but it was expended through a long number of years for salaries, as follows: M anagers. J. C. Embry, 13 years $17,550.00 T. W. Henderson 4 years 5, 4°°. 00 R. H. W. Leak, 2 1-2 years 3>375-°° J. H. Collett, 6 1-2 years 8,775.00 28 Editors. B. T. Tanner, 16 years . B. F. Lee, 4 years H. T. Johnson, 16 years 21,660.00 5,400.00 21,660.00 Total $83,720.00 All of these earned their money, I believe. I am sure I have earned mine. I wish to emphasize my statement, that the Publication Department has been the strong Educational Arm of the A. M. E. Church. In closing this report, I ask every delegate who loves Afri¬ can Methodism to weigh the facts presented here to-day. Look at this institution as it stands intact to-day. See it, under God, standing out against misrepresenta¬ tion, abuse, panics, coal strikes, enemies, law suits, schemers; defrauded of its goods, yet preserved by a Higher Power for a greater destiny—the uplift of a Race. We now extend our cordial, grateful and heartfelt thanks to all who have assisted us in any way. We thank our Venerable Bishops. We thank Presiding Elders, Pastors, our Laity, and Friends for the patronage given, and especially do we thank those who came to our help, and loaned us money when we were hard pressed to meet our obligations. We thank those who gave us minutes and books to print, and other work to do. God bless you and reward you for your loyalty to this great cause. Above all, we thank God, Our Heavenly Father, for the strength He hath given us to fight this good fight, and who hath put it into your heart to stand by us and support our efforts. THANKS. 29 Now we, like the Psalmist, can say: "Thou hast given me the shield of thy salvation; and thy right hand hath holden me up, and thy gentleness hath made me great. Thou hast enlarged my steps under me, that my feet did not slip."—Ps. viii, 35, 36- Amen. Yours in Christ, JOHN H. COLLETT, General Business Manager. April 22, 1908. Dr. John H. Collett, General Manager, - Book Concern of the A. M. E. Church, 631 Pine Street, Philadelphia, Pa. Dear Sir:—- Two reports have been prepared and are submitted here¬ with ; one of the business for the year ending March 31, 1908, and the other of the business for four years, or from April 20, 1904, to March 31, 1908. The statement for the current year shows a loss, though when the financial conditions of the country are considered, this is not surprising. Though the business shows a loss, the Liabilities have not greatly increased, and all this increase is due to the excessive interest charges on old debts. Because of the heavy debt, the Book Concern cannot pay cash for paper and supplies, and so is charged a higher rate for such purchases in addition to the interest charge. It is almost impossible for a business to prosper when it is burdened with a great debt and when it is without one cent of working capital. In fact, the Net Capital of the business is less than the valuation of the Real Estate at 631 Pine Street, which valuation is greatly in excess of any possible present value. The Job Work Department shows a loss each year, though 80 it is probable that double the amount of work might be turned out without additional wages, and if so there would be a chance for gain if all interested would send their printing to the Book Concern. If it is desired that this Department be active, it should be supported by those interested, and in addition all payments for work should be made promptly. Worthless accounts to the amount of Two Thousand Dol¬ lars have been charged off on the books in four years. Surely those interested in the work should not defraud it of that which is justly due. All the work of the Book Concern should be considered educational and missionary, and substantial support should be given it to carry on such work. "The Recorder" has barely paid its direct costs, which means that there is left nothing to pay for ,the general expenses, for clerks, for rent, for heat, for light, etc. "The Recorder" is surely not a business venture; it is educational and mission¬ ary work. It is the official organ of the church and should have the active and financial support of the A. M. E. Church. The Liabilities of Seventeen Thousand Dollars should be paid; the Book Concern would be relieved of interest charges and would have some chance for gain. In addition to the payment of these Liabilities, a fund should be appropriated for a Working capital. A business which must raise on an aver¬ age of one hundred dollars a week for wages, should have capi¬ tal to carry it through the dull season and to provide for other contingencies. With my best wishes for the future success of the Book Concern, Respectfully submitted, M. B. Niles, Certified Public Accountant, 31 No. 631 Pine Street, Philadelphia, April 27th, 1908. To the Bishop and Members of the Publication Board, A. M. E. Church. The Auditing- Committee and Committee on Inspection of Building- and Property of the Publication Department, begs to submit the following Report:— We have examined the accounts, property, etc., of the Publication Department, and find the reports submitted by the General Business Manager, Rev. John H. Collett, D. D., to be true and correct. The building, machinery and other property of the Department is in first-class condition. Ten (10) per¬ sons are now employed by the Department and are paid regu¬ larly. While there is not a large gain during the Quadrennium, a close observation of the Department will prove that Dr. Col¬ lett has done a wonderful work in bringing up this Department to its present standing and credit, especially when we consider the unfavorable conditions of the financial and business world generally during this Quadrennium, also the lack of interest shown in this Department by a large portion of the Church all over the country. Dr. Collett, the Manager, is an able, strong and thorough¬ ly capable business man, and knows no failure. He has shown himself to be the right man for this work. The books of the Department shows that the Manager has advanced about $2,800.00 of his own private funds to keep things moving as they should, and he has not yet received his money back from the Department. Dr. Collett is deserving of the highest com¬ mendation of the entire connection. (Signed) J. B. STANSBERRY, H. H. PINCKNEY, S. E. PURNELL, Sec'y, Committee, We Want 20,000 Subscribers to Tbs Christian Recorder THE A. HI. E. PUBLISHING HOUSE 631 Pine Street, Phila., Pa. We want Agents all over the country to sell our books and take subscriptions for The Christian Re¬ corder. Agents can make money. Send for outfit The following and many other books we keep in stock: Hymn Books, Disciplines, Class and all Books found in the course of study, or any other book desired by min¬ isters or readers ^ PUBLISHED CUEEKLiY The Offieial Organ of the A. JVI- E. Chureh Subscription:—$1.00 per year in advance; six months, 60 cents, three months, 35 cents H. T. JOHNSON, D. D., EDITOR JOB PRINTING OF EVERY DESCRIPTION WORK NEATUY DONE ON SHORT NOTICE Particular attention given to Cards, Pamphlets, Books, Minutes, etc. If you want Cuts 0% Seals or Banners, send us your order and it will be filled on short notice. Jn fact, we can give you anything c+esired iu our hue of work-. SEND Abb ORPER5 TO J. H. COLLETT, General Business Manager