exception of the recommendation on calendar, which was referred to the Executive Board. The report of the Treasurer, Rabbi Leo M. Franklin, was presented. REPORT OF THE TREASURER To the Officers and Members of the Central Conference of American Rabbis: GENTLEMEN: I have the honor to submit herewith my report as Treasurer from June 10, 1913, to June 10, 1914. An examination of the figures will show a total increase in our resources since last year amounting to $4,117.14, and this despite the fact that in all of our sources of income except interest there has been some falling off. Our expenses, however, show some decrease over the previous fourteen months. The bill for printing the last Yearbook still remains unpaid, as the committee in charge of its publication has not yet O. K.'d the same, due to a dispute as to certain of the items. The amount thus owing is, however, counterbalanced by sums now payable to us from our sales agents and others. The total resources of the Conference at the date of this report are $38,128.50, distributed as follows: 66 Bond & Mortgage Guarantee Co., N. Y. Mortgage..$25,000.00 at 41⁄2% 66 3,000.00 4 % 5,000.00 3 % 128.50 $38,128.50 It is our plan to keep in the Commercial Account of the Conference only sufficient funds to pay current expenses. We have collected in dues this year $950.00, and our records show that ten (10) members owe for two years, eighteen (18) owe for one year, one hundred and sixty-three (163) are paid to date, and one has anticipated a year's dues and is paid to 1915. During the past year we have lost three members by death, and three were suspended for nonpayment of dues by order of the Executive Board. Eight members are exempt from dues. Thus we have a total membership of one hundred and ninety-nine (199). When, several years ago, we purchased the mortgage above referred to, we did not have in any one fund sufficient amount of money to pay for the entire sum, and so at that time we charged $20,000 to the Relief Fund and $5,000 to the General Fund. Now, however, the total balance of the Relief Fund exceeds the face of the mortgage, and I, therefore, recommend that the full amount of this mortgage be charged against the Relief Fund, the interest of four and a half percent on said amount to be placed to the credit of that fund, together with such other interest on the balance of that fund at the rate of four percent per annum, unless we succeed in so investing our funds as to receive a larger rate percent. We have, during the year, sent from this office five notices in regard to dues to our members. This we have done, not with the desire of annoying our members, but only of efficiently serving the Conference. I wish to assure the members of the Conference of my deep appreciation of the confidence they have bestowed in me, in thrice electing me custodian of their funds. The office is by no means a sinecure, but it is not without its compensations. Respectfully submitted, Certificate of Deposit (Security Trust Co., Detroit).. 3,000.00 Total Disbursements On Hand . $10,213.12 5,128.50 $15,341.62 July 1, 1913, July 23, 1913, Jan. 1, 1914, July 1, 1913, Bond and Mortgage Guarantee Co., Bond and Mortgage Guarantee Co., N. Y., Mortgage. $25,000.00 5,000.00 3,000.00 5,000.00 128.50 $38,128.50 REPORT OF AUDITOR To the Central Conference of American Rabbis: GENTLEMEN: I have carefully examined all the books and vouchers of your Treasurer from June 10, 1913, to June 10, 1914, and find same correct in all particulars. Respectfully submitted, ELIAS FRANK, June 23, 1914. The report was received and referred to the Auditing Committee. The report of the Committee on Solicitation of Funds was presented by the Chairman, Rabbi Morris M. Feuerlicht. REPORT OF THE COMMITTEE ON SOLICITATION OF FUNDS To the President and Members of the Central Conference of American Rabbis: GENTLEMEN: The report of the Committee on Solicitation of Funds covers the period of the last fiscal year, although the actual work of the Committee did not begin until late in the fall of 1913. In addition to the expected difficulties attendant upon the inexperience of a new committee, your present Committee was handicapped by the nonappearance, for uncontrollable causes, of the reprints of Tracts I and II which, it had been promised in the appeal to prospective contributors, would be issued shortly. In the course of the year, numerous inquiries were received concerning these particular tracts, showing that the contributions to the funds of the Conference by laymen are made with a view to something more than a mere aimless generosity. The reprinting of these tracts is now in process, and it is accordingly hoped that their early appearance, as well as that of Tract IV, on "Jewish Ethics," will relieve the Committee of its embarrassment in meeting the inquiries thus far made concerning them. In spite of these handicaps, your Committee is gratified to report the best results in any single year of its history. But one appeal was made to all the people whose names appear on our lists, new and old, with results summarized as follows: |