A BRIEF HISTORICAL 
 SKETCH 
 
 By 
 
 NORMAN H. CAMP 
 
 V 
 
 UNIVERSITY OP ILUNOIS 
 
 AUG 2 6 1915 
 
 PRESIDENT'S OFFICE 
 
“My school work, will not tell much until 
 the century closes, but when I am gone, I 
 shall leave some grand men and women 
 behind. ** — D. L. Moody. 
 
 D. L. MOODY 
 
 2 
 
A Brief Historical Sketch 
 
 H. 1 J . Crowell, President 
 
 of 
 
 The Moody Bible Institute 
 of Chicago 
 
 By Norman H. Camp 
 
 Many have heard of The Moody 
 Bible Institute of Chicago, who 
 would like to know more of its his¬ 
 tory; while others who have not 
 heard about it will be interested in 
 this brief historical sketch. 
 
 The Origin 
 
 It had its beginning shortly after the world-wide 
 Evangelistic tours of Moody and Sankey. At that time 
 Mr. Moody realized how few church members were able 
 to use their Bibles in directing a person in the way of 
 salvation. One day he was seen standing on a vacant lot, 
 near Chicago Avenue, hat in hand and head bowed, 
 praying that God would give him that ground for a Bible 
 Training School. Later in an address delivered in Chi¬ 
 cago, January 22, 1886, on “City Evangelism,’' he spoke 
 of his conviction and the need of the multitudes not 
 reached by the Gospel. 
 
 When he advanced the proposition of establishing a 
 school for the instruction of men and women in the 
 knowledge of the Bible, and in the methods of Christian 
 work which he had found so successful, especially in 
 soul-winning, Mr. Cyrus H. McCormick, the reaper king, 
 at once approved of the plan and gave his check for 
 $10,000.00 to promote it. Subsequently he was joined 
 by John V. Farwell, Elbridge G. Keith, Robert Scott, E. 
 K. Warren and others, who contributed to a fund of 
 $250,000.00 for the foundation of the work. The Chi¬ 
 cago Evangelization Society was then organized, which 
 upon the death of Mr. Moody in December, 1899, had 
 
 3 
 
its corporate name changed to The Moody Bible Insti¬ 
 tute of Chicago, in honor of its founder. 
 
 Beginning the Work 
 The school opened in Farwell 
 Hall on Madison Street, well re¬ 
 membered by Chicagoans of that 
 period, and Mr. Moody being the 
 only teacher for a time, gave the 
 first series of Bible lectures. The 
 attendance was small, but almost 
 immediately preparations were 
 made for the erection of a three- 
 story brick building for offices, lec¬ 
 ture room and dormitories for men 
 at 153-163 Institute Place, on the 
 spot which was the scene of Mr. Moody's prayer a few 
 months before. This site is located on the north side of 
 the city, very near the center, and adjacent to LaSalle 
 and Chicago Avenues, a few feet from the place where 
 The Moody Church now stands. 
 
 This building was formally opened September 26th, 
 1889, and Rev. R. A. Torrey, then a pastor in Minneap¬ 
 olis, but already well known as a consecrated Christian, 
 an able Bible teacher and earnest mission-worker, be¬ 
 came the Superintendent of the school. The attendance 
 soon increased until the building had to be enlarged to 
 five stories, and other property purchased on LaSalle 
 Avenue as a dormitory for the women students. 
 
 The main building on Institute Place continues to be 
 used as a men's dormitory and for the lecture hall, 
 library, and business offices, where the principal work of 
 the Institute has been carried on for more than twenty- 
 five years, but which for the past six years has been 
 quite inadequate for the purpose. 
 
 Widening the Borders 
 
 In addition to the day department, whose students 
 attend the regular classes, an extension department was 
 instituted in 1897 to stimulate Bible Study and Christian 
 Service among those not able to come to Chicago. By 
 
 4 
 
 James M. Gray, D. D., Dean 
 

 i* 5 
 
 -— 
 
 
 ! Uf 
 
 ! *«» 
 
 ■a|L! nr 
 
 /I Birds Eye Sketch of the Four 
 
 < ' Tnctitnl 
 
 Institute Buildings, 
 
weekly Bible classes, Bible conferences, Summer In¬ 
 stitutes, Evangelistic meetings, Missionary rallies and 
 Music classes, the Institute has thus 
 been able to carry the Gospel in one 
 way or another to tens of thousands 
 who never could have become regu¬ 
 lar students. 
 
 This department also undertakes 
 to fill calls for teachers, evangelists, 
 pastors and Christian workers of al¬ 
 most every kind. It endeavors, in 
 other words, to be a connecting link 
 between the work on different fields 
 and the workers in preparation, or 
 who have just completed their course 
 in training. Five hundred eighty- 
 two calls for such helpers were received last year (1913), 
 and they were supplied so far as there were students 
 capable of accepting the work. 
 
 In Chicago it has conducted for the past several years 
 
 H. W. Pope, 
 Superintendent of Men 
 
 Student’s Room—Men's Dormitory 
 C 
 
a weekly Union Bible Class where it has not been an 
 unusual thing to see 1,500 or more people present, repre¬ 
 senting sometimes over 300 churches. 
 During the past year requests have 
 been received for co-operation for 
 similar classes in other sections of 
 the city. 
 
 Noonday meetings are also con¬ 
 ducted from time to time in the 
 down town theaters for the benefit 
 of business men and clerks, while in 
 the summer, by means of tents, gos¬ 
 pel auto wagons, etc., large numbers 
 of the masses are reached. 
 
 Correspondence Department 
 
 In 1901 a correspondence department was added, for 
 the advantage of men and women desiring to take a 
 systematic course in the Bible and practical Christian 
 work, but who are unable to attend the Institute. The 
 
 Charlotte A. Cary, 
 Superintendent of Women 
 
 Student's Room—Women's Building 
 7 
 
work is carried on by mail, and certificates are granted 
 according to the progress made. 
 
 Six courses are offered students 
 in this department, viz., Synthetic 
 Bible Study, Bible Doctrine, Practical 
 Christian Work, Bible Chapter Sum¬ 
 mary, The Introductory Bible Course, 
 and the Scofield Correspondence 
 Course. Since its inauguration, 
 2,288 students have been enrolled, 
 residing in all parts of the United 
 States, in Canada, England, Africa, 
 China, New Zealand, India, Korea, 
 Norway, Australia, Panama, Dutch 
 wiiiiam Evans, d. D„ Guiana, Alaska, and other foreign 
 Director Bible course countries. The enrolment for the 
 current year exceeds 900, which is 
 more than double that of the preceding year, which was 
 the largest enrolment to that date. 
 
 The Evening Classes 
 
 Still another much felt need was met when the Even¬ 
 ing Classes were added to the work in 1903. Young 
 
 The Lecture Room Filled With Students. 
 8 
 
men and women, superintendents and teachers in Sunday 
 schools and other Christian workers, or those desiring 
 to become such but who are em¬ 
 ployed during the day in the shops 
 and stores of the city, are enabled by 
 this department to devote their even¬ 
 ings to securing a training parallel 
 to that of the day department. 
 
 Some who look forward to the 
 regular department when circum¬ 
 stances permit, find it profitable to 
 take the evening courses by way of 
 preparation, for although the same 
 courses of study are given in the 
 D ' B rertrMus“ u couSe evening as in the day, it requires a 
 year longer to complete it. At this 
 date (1915) 2,448 men and women have been enrolled 
 in this department of whom some have become pastors 
 
 The Hall—Women's Building 
 
in the Home Mission Fields, some have gone into For¬ 
 eign Missionary work, while others are occupying useful 
 positions in their home churches and 
 other religious organizations of their 
 localities. 
 
 The Sunday School Course 
 
 The demand for Christian young 
 men and women who shall make Sun¬ 
 day-school work their life calling has 
 necessitated the introduction of a sys¬ 
 tematic course to meet their needs. In 
 addition to instruction in the Bible, 
 
 wm. w. Ketchum, Di- Missions and Evangelism, this course 
 rector Pracdcai work includes such subjects as pedagogy, 
 
 7 psychology, the history and develop¬ 
 
 ment of the Sunday School and Sunday-school manage¬ 
 ment and administration. 
 
 A Mission Study Class in the Gymnasium 
 
 10 
 
The Printed Page 
 
 A Colportage Association, an adjunct of the Institute, 
 was organized by Mr. Moody as a separate corporation 
 in 1894, under the name of The 
 Bible Institute Colportage Associa¬ 
 tion. Its aim is the publication and 
 distribution of books, tracts and 
 other helpful religious literature, to 
 counteract the tide of pernicious 
 reading matter flooding the country. 
 
 More than 6,008,000 of the 
 Moody Colportage Library books 
 alone have been published by this 
 Association and sent to every quar¬ 
 ter of the earth. These books are 
 written by such men as Moody, 
 Spurgeon, Talmage, Murray, Chap¬ 
 man, Torrey, Dixon and Gray, and are not only sold at 
 a very low price, but also sent freely to prisons, hospit¬ 
 als, lumber and mining camps, to soldiers and sailors and 
 
 Edward A. Marshall, Direc¬ 
 tor Missionary Course 
 
 Reading Room — Men's Dormitory 
 11 
 
The Library 
 
 Evening 1 Devotional Meeting—Women's Building 
 
other Spiritually neglected classes, as funds; are con¬ 
 tributed for the purpose. 
 
 .To date 1,002,002 of their various 
 publications have been thiis distrib¬ 
 uted gratuitously, and more than 
 2,508,700 Bibles, Testaments and 
 I Gospels have been published; 2,287,- 
 
 000 copies of the Emphasized Gospel 
 of John alone have been published. 
 j Several Colportage Library books 
 
 / have been translated and printed in 
 
 ^ foreign languages, iijduding such 
 
 as “The Way to God 1 /’ by Moody, 
 and “How to Pray,” by ToVrey. 
 
 P. B. Fitzwater, D. D., 
 Registrar and Sec’y to 
 the Faculty 
 
 The Christian Workers Magazine 
 
 In September, 1900, “The Insti¬ 
 tute Tie,” a monthly magazine and 
 the official organ of the Institute, 
 was first published. Its name was 
 changed to “The Christian Work¬ 
 ers Magazine” in October, 1910. 
 
 It is devoted to the promotion of 
 Bible Study and Christian Work 
 generally, besides being the me¬ 
 dium of communication between 
 those at the Institute and its 
 former students and friends in 
 various parts of the world. 
 
 The Buildings 
 
 For several years after the com¬ 
 pletion of the building at 153-163 
 Institute Place, known as the Men’s Building, students 
 were cared for in adjacent buildings, some of 
 which were purchased for that purpose. Chief among 
 these were the Women’s Buildings at 812-816 LaSalle 
 Ave., which continued to serve as headquarters for the 
 Women’s Department for fifteen years, and the Women’s 
 Annex at 830-838 LaSalle Ave. The next main building 
 
 .!•*(*>! l -'<« - S> >> ••>-»' ■ ' 
 
 , 
 
 THE 
 
 CUM MS 
 
 MAGAZINE 
 
 
 * « 
 
 It 
 
 
 ■ [ ] 
 
 
 Facsimile of Our Official 
 Organ. 
 
 13 
 
erected was at 152 Institute Place, known as the Men's 
 Dormitory, which was dedicated free of debt on Febru¬ 
 ary 5, 1911. One year later, June 5, 
 1912, was dedicated the Women's 
 Building, which was erected on the 
 site of the Women's Annex. This 
 is the largest and best of the In¬ 
 stitute buildings and contains the din¬ 
 ing rooms, kitchen and refrigerating 
 plant. Within a year it is planned to 
 erect an Administration Building on 
 the site of the former Women's 
 Buildings at 812-816 LaSalle Ave. 
 This building will contain the Li- 
 E - Ven£g r \i?i r ls tw brary, Studios, Class Rooms, Mis¬ 
 sionary Museum, Colportage Store 
 and General 
 Offices. The 
 heating, light¬ 
 ing and pow¬ 
 er plant was 
 installed in 
 1909, and the 
 steam laun¬ 
 dry in 1912. 
 
 Portions 
 of the 
 Steam 
 Laundry. 
 
 14 
 
These two plants, a carpenter, paint and machine shop oc¬ 
 cupy the entire basement floor of the Men’s Building. Ex¬ 
 perience has shown that the In¬ 
 stitute can make its own electricity 
 cheaper than it can be bought, be¬ 
 sides the heat in winter is really a 
 by-product, thus making for 
 
 greater economy. The laundry 
 plant is adequate to care for the 
 needs of both the Institute and 
 the students, doing the work of 
 the latter at one-half the rate 
 charged by outside plants. 
 
 The Results 
 
 The work in each department is 
 going on in ever widening circles. 
 When one thinks of the large number of men and women 
 who have received instruction and Christian experience 
 at The Moody Bible Institute for the past twenty-five 
 years, the question as to whether it pays answers itself. 
 There has been a total enrolment in all departments of 
 
 12,970 students as follows: 
 
 Day Classes. 7,585 
 
 Evening Classes. 2,448 
 
 Correspondence Department. 2,937 
 
 Total ..12,970 
 
 Besides this, there are hundreds of thousands reached 
 through the Extension Department and the Colportage 
 Association. All of these in turn are touching others all 
 over the world, over 700 having gone out as missiona¬ 
 ries to the foreign fields, so that throughout eternity 
 there will be multitudes praising God for what He 
 accomplished by this instrument. 
 
 Can any one say that the investments made by those 
 men and women of 1886 have not already paid a hundred 
 fold? Can any one doubt that investments made now 
 for the carrying out of this work will not pay in increas¬ 
 ing proportion? Surely time has demonstrated that the 
 vision of Dwight L. Moody was inspired of God to meet 
 a world need, and as surely ought men and women of 
 
 15 
 
 J. H. Kalston, Secretary Cor¬ 
 respondence Department 
 
today emulate its founder by enabling the Institute to 
 “Launch out into the deep, and let down its net for a 
 draught.” 
 
 The Present Control 
 
 In all these years the Institute has 
 never swerved from the doctrinal 
 basis or the governing purpose of its 
 founder. It still stands four-square 
 on the integrity of the Scriptures as 
 a divine revelation, the Deity and 
 atonement of Jesus Christ, the neces¬ 
 sity of the new birth and justifica¬ 
 tion by faith only. 
 
 And it still has for its objective the 
 training of men and women of all 
 denominations and all lands in the 
 English Bible, gospel music, and 
 practical methods of Christian work, with special refer¬ 
 ence to soul-winning. Its students as a class, wherever 
 
 A. F. Gaylord, Business 
 Manager 
 
 Gospel Autos and Workers in Front of the Men's Dormitory 
 16 
 
you find them on the home or foreign field, are always 
 marked by a knowledge of the scripture, an aptness in 
 using it and a zeal for souls. 
 
 The Men at the Head 
 When in 1899 Mr. Moody de¬ 
 parted out of this world to the 
 Father, and when a little later the 
 honored Superintendent, Dr. Torrey, 
 felt called into world-wide evangelis¬ 
 tic work, the board of trustees 
 planned to conserve and broaden the 
 energies of the Institute by placing 
 them in control of an executive com¬ 
 mittee. This committee consists of 
 Henry P. Crowell, an active and con- 
 c. b. Noriin, cashier secrated layman, who, exerts a wide 
 influence in the business world as 
 well as the church to which he belongs; E. K. Warren, 
 president of the Warren Featherbone Co., and the 
 
 A Noon-Day Gospel Meeting 
 - 17 
 
World's Fourth Sunday-school Convention; and James 
 M. Gray, D. D., teacher, preacher and author, and of 
 mature experience in the training of students and in the 
 
 conduct of 
 Christian 
 work. Dr. Gray 
 is also dean of 
 the Education¬ 
 al Department 
 and one of the 
 instructors. 
 
 Corners of the 
 Central Heating, 
 Lighting and 
 Power Plant. 
 
 18 
 
Faculty and Business Staff 
 
 Associated with Dean Gray in the Educational De¬ 
 partment, are Howard W. Pope, 
 Superintendent of Men; Charlotte A. 
 Cary, Superintendent of Women; 
 William Evans, Director of the Bible 
 Course; D. B. Towner, Director of 
 the Music Course; Wm. Wallace 
 Ketchum, Director of the Practical 
 Work Course; E. O. Sellers, Direct¬ 
 or of the Evening Department, and 
 Edward A. Marshall, Director of the 
 Missionary Course. There is also a 
 Business Staff, consisting of the 
 Dean, the Business Manager, A. F. 
 Gaylord; the secretary of the Cor¬ 
 respondence department, J. H. Ralston; the Publishing 
 Agent of The Christian Workers Magazine, Stephen 
 A. Woodruff, and the heads of the Purchasing and the 
 Accounting departments, Julius Haavind and C. B. 
 Norlin. These meet monthly with a representative 
 of the Board of Trustees to conduct the business of 
 the plant. 
 
 Besides these the working force of the Institute in¬ 
 cludes a goodly number of teachers for the day and even- 
 
 Julius Haavind, Steward 
 and Purchasing Agent 
 
 View Looking East—Lake Michigan in the Distance 
 
 19 
 
ing classes, evangelistic preachers and singers and Bible 
 teachers, who from time to time are sent out in the ex¬ 
 tension work, and special lectures 
 who are brought in to supplement 
 the work in the class-rooms. 
 
 With the commendatory words of 
 one or two of these lecturers and 
 other friends, this brief sketch may 
 be fittingly concluded; but not with¬ 
 out the prayer that God will bless 
 it to the raising up of many helpers 
 for an evangelical and evangelistic 
 work of such strategic importance in 
 these days as The Moody Bible In¬ 
 stitute of Chicago. 
 
 Weighty Words of Commendation 
 
 “The Moody Bible Institute of Chicago most fully 
 embodies the spirit and aims of the noted Evangelist. 
 
 The first thing that strikes one at the Institute is the 
 immense proportions of the work, of which the outside 
 world has only the slightest conception. 
 
 A second thing, everywhere apparent, is the supreme 
 place given the Bible as God’s inspired Word. There is 
 nothing to be heard of the crude and ignorant exegesis 
 and exposition, claiming to be half-inspired, that is in 
 vogue in some so-called Bible schools; and nothing of the 
 discredited history and perverse interpretation exploited 
 in some of the theological schools in the name of high 
 scholarship. 
 
 A third thing that impressed us, is that the Institute 
 has not lost the Evangelistic note that Mr. Moody gave 
 it.”—D. S. Gregory, D. D. LL. D., Editor of the Bible 
 Student and Teacher. 
 
 “I wish to express my deepening interest in the work 
 of The Moody Bible Institute, an interest which in¬ 
 creases the more I know about it. The Institute is doing 
 a work of the deepest importance in the sphere of reli¬ 
 gious experience. Others may be raising questions as to 
 how and where we got our Bible and some may be seek¬ 
 ing to reply to them. Blessed be God, there is one place 
 
 20 
 
 Stephen A. Woodruff, Pub¬ 
 lishing Agent, Christian 
 Workers Magazine 
 
where they read the Bible as the Word of God, and 
 whose students, having first ascertained its contents, go 
 forth doing their best to convey them 
 to other men! May it live and pros¬ 
 per!’’—From an address by Presi¬ 
 dent Francis L. Patten, D. D., LL. 
 D., of Princeton Seminary . 
 
 William Norton, Manager 
 Colportage Association 
 
 ‘There is a work in Chicago that 
 is being used of God in a marvelous 
 way to answer this cry for help by 
 carrying the fulness of the salvation 
 that is in Christ to lives throughout 
 the world. It was founded by God’s 
 man, D. L. Moody, and it bears his 
 name as The Moody Bible Institute. 
 Its mission is to train workers into such a knowledge of 
 the Word of God and of approved methods of Christian 
 service, while bringing them into such an appropriation 
 of Christ as their fully sufficient and victorious Saviour, 
 that they may go out into the world and obey with power 
 the Great Commissions. They are doing it. Few if any 
 institutions in the world to-day stand more blessedly and 
 fruitfully for the inspiration and integrity of the Scrip- 
 
 tures, the 
 sufficiency of 
 Christ as the 
 only Saviour, 
 and the prac¬ 
 tical training 
 o f workers 
 for the carry- 
 i n g of the 
 Good N e w s 
 out into the 
 needy life of 
 a needy 
 world, than 
 does The 
 
 Mr. Moody's Room M^OOdy Bible 
 
 21 
 
Institute.”—Chas. G. Trumbull, Editor of The Sunday 
 School Times. 
 
 “If I had my choice of a school in which to pursue 
 Bible study for the work of the ministry, I would un¬ 
 hesitatingly choose The Moody Bible Institute. The 
 Bible teaching and the all-round training for Christian 
 work in that school is just what the preacher needs. The 
 “Moody men” who come back to us for service in the 
 ministry always bear a distinctive character of efficiency, 
 and they know what to do with the old Book.”—Bishop 
 H. B. Hartzler, Editor , “The Evangelical” Harrisburg, 
 Pa. 
 
 “The work is not undenominational, but rather it is 
 interdenominational. It is not antagonistic to the work 
 of the church, but its servant. It is not entering 
 into competition with theological seminaries, but is 
 complementary. It is equipping men and women for 
 special and specific work, which, if the general ministry 
 of this country understood aright, they would always be 
 endeavoring to avail themselves of the workers that are 
 trained here.”—G. Campbell Morgan, D. D., London. 
 
PLAN OF OPERATION 
 
 BOARD OF TRUSTEES. 
 
 Henry P. Crowell, E. K. Warren 
 
 President Vice-Pres. 
 
 James M. Gray, Executive Secretary 
 A. P. Fitt Thomas S. Smith 
 
 McKenzie Cleland Frederick A. Wells 
 
 EXECUTIVE COMMITTEE 
 
 Henry P. Crowell James M. Gray E. K. Warren 
 
 -O -- 
 
 EDUCATIONAL DEPARTMENT 
 
 James M. Gray, Dean L. W. Gosnell, Assistant to the Dean 
 P. B. Fitzwater, Secretary 
 
 superintendent of men 
 Howard W. Pope 
 
 ASSISTANT SUPERINTENDENT 
 
 B. B. Sutcliffe 
 
 SUPERINTENDENT OF WOMEN 
 
 Charlotte A. Cary 
 Harriett M. Strong, General Secretary 
 
 BIBLE COURSE 
 
 William Evans, Director 
 
 James M. Gray Edward A. Marshall P. B. Fitzwater 
 L. W. Gosnell Howard W. Pope E. O. Sellers 
 
 Special Instructors—Not Members of the Faculty 
 
 Prof. A. E. Phillips Mrs. E. A. Marshall 
 
 Melvin E. Trotter Harry Monroe 
 
 23 
 
MUSIC COURSE 
 
 D. B. Towner, Director 
 
 Warren C. Coffin George S. Schuler 
 
 John B. Trowbridge Foss L. Fellers 
 
 Homer A. Hammontree 
 
 Special Instructors—Not Members of the Faculty 
 
 Harrison M. Wild Frank B. Webster 
 
 PRACTICAL WORK COURSE 
 
 Wm. Wallace Ketchum, Director 
 Chas. P. Meeker Edna Johnson Harriet M. Strong 
 
 Special Instructors—Not Members of the Faculty 
 
 Mrs. Dora Eaton Duff 
 
 MISSIONARY COURSE 
 
 Edward A. Marshall, Director 
 
 SUNDAY SCHOOL COURSE 
 
 E. O. Sellers, Acting Director 
 James M. Gray P. B. Fitzwater D. B. Towner 
 
 William Evans E. A. Marshall H. A. Hammontree 
 
 Special Instructors—Not Members of the Faculty. 
 
 Mrs. E. A. Marshall Prof. A. E. Phillips 
 
 ENGLISH COURSE 
 
 Hanna May Thomas, Instructor 
 
 EVENING CLASSES 
 
 E. O. Sellers, Director 
 
 L. W. Gosnell J. H. Ralston J. B. Trowbridge 
 
 P. B. Fitzwater E. A. Marshall George S. Schuler 
 
 LIBRARIAN 
 
 Edward A. Marshall 
 Mabel Sprague, Assistant 
 - O - 
 
 EXTENSION DEPARTMENT 
 William W. Ketchum, Acting Secretary 
 Charles P. Meeker, Evangelist 
 George E. Guille, Bible Teacher and Evangelist 
 John C. Page, Bible Teacher and Evangelist 
 Angy Manning Taylor, Bible Teacher 
 E. Stafford Millar, Evangelist 
 Frances Cox Allison, Bible Teacher 
 B. B. Sutcliffe, Bible Teacher 
 
 24 
 
CORRESPONDENCE DEPARTMENT 
 J. H. Ralston, Secretary 
 Ella E. Pohle, Assistant 
 
 -O - 
 
 THE CHRISTIAN WORKERS MAGAZINE 
 James M. Gray, Editor J. H. Ralston, Associate Editor 
 
 S. A. Woodruff, Publishing Agent 
 
 - O - 
 
 FINANCIAL DEPARTMENT 
 A. F. Gaylord, Business Manager 
 
 REPRESENTATIVES IN THE FIELD. 
 
 P. Webster Campbell Geo. A. Shipp 
 W. A. Hillis J. Charleton Steen 
 
 --o —- 
 
 PURCHASING DEPARTMENT 
 Julius Haavind, Steward and Purchasing Agent 
 
 - - o - 
 
 ACCOUNTING DEPARTMENT 
 C. B. Norlin, Cashier 
 
 25 
 
BALANCE SHEET, AUGUST 31, 1914. 
 
 ASSETS 
 
 Real estate and buildings. $610,431.54 
 
 Furniture and fixtures. 65,574.21 
 
 Investments, stocks, bonds, notes and mort¬ 
 gages . 380,348.08 
 
 Accounts receivable . 5,078.69 
 
 Bills receivable. 7,003.57 
 
 Inventory . 6,373.42 
 
 Other assets . 11,664.93 
 
 Cash— 
 
 Students’ deposits and spe¬ 
 
 cial funds.$13,270.40 
 
 Working fund. 6,597.62 19,868.02 
 
 $1,106,343.36 
 
 LIABILITIES 
 
 Endowments, annuities, bequests and 
 
 scholarships ..$ 
 
 Bills payable . 
 
 Accounts payable . 
 
 New building fund. 
 
 Special funds . 
 
 Other liabilities .. 
 
 Surplus . 
 
 427,552.80 
 
 80,115.96 
 
 10,633.26 
 
 3,156.26 
 
 8,969.76 
 
 2,596.43 
 
 573,318.89 
 
 auditor’s report 
 
 $1,106,343.36 
 
 Ernst & Ernst, certified public accountants, First Na¬ 
 tional Bank Building, Chicago, have examined the books 
 of account and records of The Moody Bible Institute for 
 the fiscal year ending August 31, 1914. They have also 
 submitted a balance sheet, showing the condition on that 
 date, and a detailed report on the work with schedules 
 attached. These schedules are on file in the office of the 
 Institute and open to inspection. 
 
 26 
 
Legal Form of Bequest 
 
 “I hereby give, devise and bequeath unto The Moody 
 Bible Institute of Chicago, a corporation organized and 
 existing under the laws of the State of Illinois the sum 
 
 of.dollars, to be paid out of 
 
 any real or personal estate owned by me at my decease/' 
 
 Legal Form of Scholarship 
 
 “For the purpose of founding a scholarship, I hereby 
 give to The Moody Bible Institute of Chicago the sum of 
 three thousand dollars, to be held in trust, the income to 
 be applied annually by the trustees towards the average 
 expense of the tuition and training of a student." 
 
 An Annuity Plan 
 
 The Annuity plan is meeting favor as a substitute for 
 leaving money by will. The Institute will therefore re¬ 
 ceive money in any amount, and pay an annual interest 
 on it, ranging from 5 to 10 per cent according to the age 
 of the investor, and to continue during life. The ad¬ 
 vantages of this plan are not only that the annuitant re¬ 
 ceives an income for life, but is his own executor and has 
 the satisfaction of seeing his money applied in a way of 
 his own choosing. 
 
 Moreover, the security is perfectly safe. The Insti¬ 
 tute is an incorporated body, possessing a large and in¬ 
 creasingly valuable property, whose trustees are well- 
 known and of established Christian character. Besides, 
 its books are open for inspection to all who have a right 
 to examine them. 
 
 For further information on any of these matters, ad¬ 
 dress, 
 
 THE MOODY BIBLE INSTITUTE, 
 
 153-163 Institute Place, Chicago, Ill. 
 
 27 
 
Study to show thyself approved 
 unto God, a workman that n^eedeth 
 not to be ashamed, rightly dividing 
 the Word of truth. 
 
 —2 ®imot4a 2:15 
 
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