7

Estates and Legacies 114,020.41

Income, Sundry Funds 10,947.26

Tuition and Public Funds 34,126.69

Rent 506.36

United States Government, for Education
of Indians 16,408.85

Slater Fund, paid to Institutions 8,899.99

Sale of Property 2,007.75

---------- $376,216.88

==========

DANIEL HAND FUND, INCOME ACCOUNT.

Income received to September 30, 1889 $36,999.71

Amount expended $20,311.15

Balance in hand and appropriated 16,688.56

---------- 36,999.71

==========

RECEIPTS FOR THE WORK OF THE YEAR 1888-89.

For Current Work $376,216.88

Income from Daniel Hand Fund 36,999.71

Total ----------- $413,216.59

ENDOWMENT FUNDS RECEIVED DURING THE YEAR 1888-89.

The Daniel Hand Fund for the Education
of Colored People, Securities
received, face value $1,000,894.25

Foltz Endowment Fund, Estate of Rev.
Benjamin Foltz. (Balance) 500.00

------------- $1,001,394.25

H.W. HUBBARD, Treasurer,
56 Reade Street, New York.

* * * * *

THE AMERICAN MISSIONARY ASSOCIATION--ITS PLACE AND WORK.

BY SECRETARY M.E. STRIEBY.

We commemorate the forty-third anniversary of the American Missionary
Association. During these years, its place and work have become somewhat
definitely settled, and I take this occasion to set forth the position
that it now holds in relation to its constituents, its sister societies,
and the great work providentially thrown upon it.

1. The Association recognizes the control of its constituents. That
recognition was one of the corner-stones on which it was founded. It
sought its members and its funds from persons of evangelical faith and
practical morality. Of such, it offered membership to any one who
contributed to its funds. Thus broadly was it placed on a popular basis.

At length, however, it began to be felt by many of its supporters t