THE SALVATION ARMY

Evening Star, Issue 20136, 28 March 1929, Page 14

THE SALVATION ARMY

DETAILS IN BALANCE-SHEET The discussion which has taken place recently over the leadership of the Salvation Army has resulted in attention being directed towards the finanpes or that organisation. In this connection figures contained in the latest balancesfeet available, namely, for the year ending September 30, .1927, are of Intel est. In the last accounts the assets are

PAYMENT OR OFFICERS. Concerning salaries of staff, the following official statement has been authorised ; “ A commissioner gels between £? and £8 a week, and the use of a furnished house, which is an allowance made to every officer. A iicutenantconunissioner receives about £1 a week less. A colonel gets £1- a week, plus a war bonus, bringing it up to .slightly under £5 a week. Then come a Jieu-henant-eolonel, brigadier, major, and staff captain, proportionately graded. In the field rank the order is field major, adjutant, ensign captain, and lieutenant. A field captain gets £1 8s a u eek, including. 7s 6d war bonus, and furnished quarters like the rest; ami a field lieutenant gets £1 4s 6(1 a week, including 7s war bonus. Jn other countries the rate of pay approximate to these, having regard to the differences in the scales of Jiving. “ It is now recognised, throughout the world that the officers of the Army, from tojp to bottom, work on a selfdenying basis, and none receive more than what might be called a Jiving wage. 1 should deprecate very muck any movement to raise the salaries of the officers from th present self-deny-ing basis.”

set out thus; — By freehold and lease- £ B. d. hold property in United Kingdom, and freehold property in Canada, Australia, and France, Jess reserve for depreciation ... 1 oc 10 0 Investment of reserve funds 72.1.760 19 4 Shares in Salvation Army insurance, publishing and banking corporations 61,202 19 0 Overseas loans 02.51 ! 45,832 8 (>i Sundry debtors V J. Cash at bank and in transit 35,833 16 11 £2,650.613 0 4 i The chief liabilities are shown ns fob lows: — To loans or mortgage 429,061 19 2 Loans lor fixed {veriods 90,538 14 ft Reserve of funds ... 589,576 15 0 Leg a c y ec( u a I is a t i o n reserve 23.104 8 4 Colonial and overseas territories fund »... 83.276 3 ft Sundry creditors 63,776 10 41 Rents and interest, No. 2 account 82,031 17 4 I Self-denial and international funds 03,782 M Oi Japan relief fund ... 24,698 .6 J General Booth’s 70th birthday fund 61,464 11 4 Salvation Army fund, donations and subscriptions. and general income and expenditure account 1,136,299 0 JO. £2,650,613 0 If