is this phase of the work."

WORTHY OF GENEROUS SUPPORT AND ENDOWMENT

The Board of Missions for Freedmen of the Presbyterian church merits the
intelligent sympathy and cordial co-operation not only of our whole
church but of all the friends who favor christian education among the
dependent colored people in the south part of our land.

It educates ministers and teachers, and supports them in their work. It
builds academies, seminaries and colleges, and aids in the erection of
churches and manses. Its 24 boarding schools, having normal and
industrial departments, are distributed so that there is one or more in
every southern state.

It now owns and controls school, church and manse properties that
represent a value of one and a half million dollars.

Its permanent investments, that bring an annual income for the promotion
of its work however, are yet only $200,202.50. In these days of big
business, the evidence of unusual prosperity, it ought to have an
endowment of one million dollars.

Education is the most costly of all philanthropic enterprises. The
following reason recently expressed for a large endowment of the College
Board applies with equal force to the Freedmen's Board.

"A million dollar corporation is now considerably more than twice as
efficient, as an instrument to accomplish results than one of a half
million. In this day of large things the men who are interested in
education, prefer to employ as their agent, an organization whose
resources are large enough to place its permanent and financial
stability beyond question. A bank with a million dollars of capital
has considerable advantage over one having only a quarter of a
million. The law, 'To him that hath shall be given,' still prevails
among the children of men."

The members of the Freedmen's Board have been selected, because of their
manifest interest in the educational and spiritual welfare of the
colored people; and they are conscientiously striving, to the best of
their ability, to promote the interests of the Freedmen, in behalf of
the great body of generous hearted christian people whom they represent.

The work of the Freedmen's Board has hitherto by its charter been
limited to the Freedmen in southern states. At the next General
Assembly, an effort will be made to extend its work, so as to include
the negroes in the northern states.

X

SPECIAL BENEFACTORS.

GEORGE PEABODY.-