Gloomy figures confronted U. S. Protesant churchmen last week. To the monthly meeting of the administrative committee of the Federal Council of the Churches of Christ in America went Rev. Arva Brush Keeler, director of the department of Buildings & property of the Presbyterian Board of National Missions. Director Keeler told the committee that Protestant churches in the U. S. owe some $135.000,000. Church bonds amounting to $6,000,000 or more have been defaulted by twelve denominations alone. Church credit, said le, is none too good; church building projects are being held up by...
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