Religion: When & When

The Episcopal Church Pension Fund, founded in 1917, has prospered well, increased its assets from $8,500,000 to $32,000,000, largely through good management and the fact that among its best friends has been J. P. Morgan. Last week the less-publicized Presbyterian Church Pension Board revealed that it, too, has friends in high places. Its secretary, Rev. Henry B. Master of Philadelphia, announced that the Board's assets have increased from $5,000,000 in 1910 to $35,000,000 today. On its rolls are 96% of all Presbyterian ministers and missionaries, its retired beneficiaries receiving $2,000,000 a year....

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