rected the Treasurer to pass to the credit of t ishes the amounts making up this fund, and additional rebate of interest thereon accordin The Committee strongly urges upon all p should be made to add annually to the amoun credits in the Endowment Fund. With conti direction, a very large number of parishes c lieve themselves from assessment. The Committee had under consideration Ca acted by the General Convention of 1916, the Canons prepared by the Church Finance Com the General Convention, and other matter sent tee on the subject of business methods. The rected the presentation to the Convention in amendments to the Canons and Rules of Orde necessary to give proper effect to this desired The Committee has not formulate any Cand ject of making banks or trust companies tr funds, believing that matter should receive f by the Diocese before action is taken. The Committee could not agree to the propo Finance Committee that the fiscal year 1916-19 December 31st. The budget was prepared a laid on a year to end April 30th. The Commi without power to abridge this year and that would be accomplished by making the calendar ber 31st, 1917, an eight month period. This doe terial reduction in the expenses of the Diocese tionate reduction in the salary and expenses terest and taxes are all payable in the eight month period and must be provided for for an entire year. Made up on this basis the budget totals $6597.00 against a total of $8485.00 last year. The Diocesan Board of Religious Education waived any request for an appropriation for the current year and asked that the full sum of $100.00 be allowed to the Provincial Board. The Committee has added $25.00 to the apportionment for the General Board. The duties enjoined upon the Committee on the Church Pension Fund under Canon 7 will require a considerable expenditure for stationery and postage, and the Committee has added to the budget $100.00 for that purpose; it has also added the premium on the bond of the Treasurer required to be given in the proposed legislation. The Committee deems it unwise to make any change in the groupings of the parishes or the established rate of assessment, but that the benefit of the reduction in expenses can best be secured to the parishes by the authorization of an increased rebate for prompt payment before October 1st, the date fixed for such payment by the proposed legislation. If, in addition to the three per cent allowed by Canon, the Convention specially authorizes an additional seventeen per cent for the current year, there will be a total rebate of twenty per cent to all parishes which pay their assessment in full on or before October 1st. The Committee makes the following estimte of expenses for the year ending December 31st, 1917: Assessment for expenses Province of Washington 75.00 200.00 125.00 50.00 The Committee has fixed the basis of assessment as follows: First Group, Parishes expending less than $1,000, 5 per cent. Journal of 1917. 27 Second Group, Parishes expending from $1,000 to $1,500, 7 per cent. Third Group, Parishes expending from $1,500 to $2,000, 9 per cent. Fourth Group, Parishes expending from $2,000 to $2,500, 10 per cent. Fifth Group, Parishes expending over $2,500, 12 per cent. It is estimated that on the basis of last year's receipts this will yield about $8,500.00. The Committee audited the accounts of the Treasurer and verified his securities and found them to be as stated in the report. The Committee submits the following resolution: RESOLVED, That the recommendations of the Finance Committee be approved and they be authorized to carry the same into effect. Respectfully submitted, ALLEN P. PERLEY, On motion, the resolution appended to the Report of the Finance Committee was adopted. Mr. H. W. Hartman presented the Report of the Treasurer of the Diocese as audited by the Standing Committee. (Appendix D) Mr. C. LaRue Munson presented the Report of the Treasurer of the Board of Incorporated Trustees. (Appendix E) The Rev. Mr. Baker presented the Report of the Standing Com mittee. (Appendix F) The The President appointed as tellers for the C'erical Vote: Rev. Messrs. G. F. Caruthers, J. H. Lamb, Jr., and F. T. Cady; for the Lay Vote, Messrs. H. G. Hinkle, G. B. Bogg and W. F. Sallada. The Convention thereupon proceeded to ballot for all offices to be filled by the Convention. During the balloting the following business was transacted: REPORT OF THE COMMITTE ON CANONS. The Committee recommend the adoption of all the proposed amendments to the Canons and Rules of Order, as follows: First. RESOLVED, That the Canons of this Convention be amended by the insertion of a new Canon as follows: "CANON VI The Finance Committee Section 1. At every annual Convention a Finance Committee shal' be elected to perform the duties set forth in this Canon and in Canon VII of this Convention. This Committee shall consist of the Secretary of the Convention, the Treasurer of the Convention, and the Chancellor of the Diocese, ex-officio, if they be laymen, and four other laymen to be elected by the Convention in the same manner as the other officers thereof. No member of the Standing Committee shall be eligible to serve on this Committee. Section 2. The Finance Committee shall be ex-officio the Trustees of the Endowment Fund. The Treasurer of the Convention, as custodian of the Endowment Fund and the securities thereof and of. the Diocesan Fund hereinafter created, shall give bond with corporate surety in the sum of twenty thousand dollars, conditioned for the faithful performance of the duties of his office and the accounting for and turning over the funds and securities in hs hands to his successor; the premium on said bond shal be paid out of the Diocesan Fund. Section 3. It shall be the duty of the Finance Committee to maintain general supervision of the financial affairs of the Diocese; to secure simplicity and accuracy in collection and disbursement of all funds and co-operation between the various officers, trusts and boards of the Diocese; for which purpose it shall establish its own rules, keep a record of its meetinge, and make an annual report in detail, together with such recommendations as it may deem proper to the Convention. This Committee shall act as advisor of the Bishop in financial matters; and upon request, as advisor to individual parishes, organized missions and mission stations in this Diocese. It sha'l perform such other duties relating to the business affairs of the Diocese as may be referred to it or as are devolved upon it by Canon VII." -which was adopted. Second. RESOLVED, That now Canon VII be amended by striking out the whole of the third section and renumbering the remaining sections accordingly. --which was adopted. Third. RESOLVED, That the first paragraph of now Section 6 of now Canon VII be stricken out and repealed and a new paragraph inserted as follows: "Section 6. The basis of assessment for the Diocesan Fund shall be the amounts expended 'for salaries of clergy and others,' 'for music, crganist and choir,' 'for fuel, light, water and power,' as shown in the report of current expenses in the last preceding parochial report of the several parishes, organized missions and mission stations. The expenditures for each and every of the purposes enumerated in this Section shall include all the moneys expended therefor, whether the disbursements were made out of the church funds or from moneys contributed by individuals or parochial societies, or from income upon invested trusts or in any other manner whatsoever, but shall be exclusive of moneys received from the Diocesan Board of Missions." -which was adopted. tober," and that it be further amended by stri fifth line thereof the word "March" and inserting the word "December." Section 1. He shall prepare the triennial repo upon the form provided by the General Convention respect to the contents of such triennial repo by the Canons and regulations now or hereafter General Convention. Section 2. It shall also be his duty to prep after the adjournment of the Diocesan Convention the regular meeting of every General Conventi forthwith to the Secretary of the House of Depu eral Convention, upon the blanks provided by the tion for that purpose, a condensed summary of th tained in the Parochial reports and Bishop's staten mation as to all institutions in any way connected within the Diocese, and also as to the condition of a and the amount of all contributions received the Bishop, or otherwise, within the Diocese.' Section 1. It shall be the duty of every minist |