Word: churches
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Dates: during 1920-1929
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Conservative Wall Street brokers last week were flabbergasted by a spirited defense of stock trading which, to many, signified a major sociological shift. Bishop James Cannon Jr. of the Methodist Episcopal Church, South, who could speak for a vast rural constituency, had declared stock trading on thin margin was not gambling, was therefore not immoral. One reason for his vigorous declaration in behalf of Wall Street stock business was that he himself had been caught playing the market through a bucket-shop firm, now closed...
...which a man trades does not determine the gambling element. ... A man can buy stock for a small cash payment . . . and there is no reason to call him a gambler because he sells the stock shortly after at a profit. ... If the trading in stocks . . . is immoral, then the church should eliminate from her membership the heads of stock exchange houses, clerks, bookkeepers . . . the men and women who buy and sell stock...
Their coming was a proud moment for Pastor Hoas, pastor of the Gammal-Svenksby church. Six months ago he arrived in Stockholm. He told how the coming of the Soviets had brought poverty and distress to Old Swedish Town. How the Bolsheviks had closed his church. How they had taxed the little farms nearly out of existence. How the Gammal-Svenksby exiles had no shoes, little food, few clothes, and how they longed to return to the Sweden their ancestors had left. He saw and particularly impressed the King's brother, Prince Karl, Duke of Vastergottland...
Continuing, he said things calculated to amaze both the pious and the artistic. "We do not want something Gothic," he declared. "The time has gone by when the Church should be content with a weak imitation of medieval architecture. Our own age is worthy of interpretation right now and there could be no finer place than a great seaport like Liverpool. . . . On the other hand, we want nothing 'Epsteinish...
Meharry College goes back to a wandering Irishman who raised five sons as Methodists. Prosperous for their time (post-Civil War period), they gave their joint surplus of $30,000 to the Methodist Episcopal Church for a Christian college to train colored youths in medicine. The church founded the college at Nashville. First head and instructor was Dr. George W. Hubbard, onetime Union Army private who had hastily studied medicine. His helper was Dr. W. G. Snead, onetime Confederate Army surgeon. Present president of Irish-founded Meharry is Dr. John J. Mullowney, white...