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...congregation in the small Methodist church in Harlem listens attentively as the special Sunday speaker approaches the end of his sermon. He tells them that the church needs money, and that they can help if they come to the Freedom National Bank and deposit their money there. The bank will use the accounts as collateral. Against this collateral it will issue the church fathers the mortgage on the church which they have been refused because of an alleged shortage of mortgage funds...

Author: By Suzanne M. Snell, | Title: Harlem's Freedom National Bank--Exploiters or Soul Brothers? | 7/5/1966 | See Source »

Protestant opinion is considerably more divided. Some churchmen, like Methodist Bishop Richard Raines of Indianapolis, believe that all property should be subject to some form of taxation. Dr. A. Dale Fiers, executive secretary of the Disciples of Christ, favors taxing income-producing church property, but wants the rest exempted on the ground that otherwise the church's capacity for social good would be severely hampered. Dr. Franklin Clark Fry, president of the Lutheran Church in America, favors continuing traditional exemptions, but believes that parishes should make voluntary contributions to their communities in lieu of taxes, for such services...

Author: /time Magazine | Title: Churches: Rendering unto Caesar | 7/1/1966 | See Source »

...company owes much of its unique character-as well as its profits-to Kresge's farm-bred frugality and his stern Methodist morality. He once donated $500,000 to the Anti-Saloon League, said that "I never gave a dime to any church the pastor of which uses tobacco." Kresge men and women, mindful of old S. S. dictums, still eat separately in company cafeterias, habitually snap off lights when leaving washrooms-although managers complain that switches are wearing out. Yet when President Cunningham in 1961 urged that the chain fight discounters by opening its own discount "K-Marts...

Author: /time Magazine | Title: Retailing: Kresge's Ten Billion Dimes | 7/1/1966 | See Source »

Born in Ohio, Hocking took up philosophy at the age of 13, after a reading of Herbert Spencer shattered the Methodist faith he was born to. He taught for seven years at Yale before beginning a 29-year tenure on the Harvard faculty, retiring in 1943. He liked to moonlight from university teaching by lecturing at labor-union schools, because "workingmen don't pull their punches...

Author: /time Magazine | Title: Teachers: The People's Philosopher | 6/24/1966 | See Source »

John Wesley Lord, D.S.T., bishop of Washington Area, Methodist Church. You have been a tower of strength for right and righteousness...

Author: /time Magazine | Title: Education: Kudos: Jun. 17, 1966 | 6/17/1966 | See Source »

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