460 History of Wake Forest College
man of the Mission Board, continued the work until the meeting of
the Convention in November, 1870, when Elder J. D. Hufham was
chosen for the
post.12
As corresponding secretary of the Mission Board Hufham
continued in that relation to the Board of Education also. He was with
the Board at the meeting on January 12, 1871, at which time Professor
W. B. Royall was appointed local assistant to him. He continued to
serve both Boards until November, 1874, when he resigned as
secretary of the Mission Board. For the first two years, the collections
$1,008.91 in 1871, and $1,223.04 in 1872, though somewhat smaller
than those of the two previous years, proved adequate, since certain
economies were exercised in expending them; a club system of
boarding was introduced and beneficiaries were instructed to get
board at club rates: board in clubs was $8 a month; room rent was 60
cents a month; washing $1.00 to $1.15. In this way the Board was
able to support seven beneficiaries in 1871, thirteen in 1872, and all
debts paid and the Board free from financial embarrassment. And the
treasurer of the Board paid the bills monthly.
For the next two years, however, the reports were less encouraging.
In September, 1873, began the great panic of that year and its effects
continued until the close of 1874 or longer. Receipts of the Board fell
to $893.86 in 1873, and to $930.31 in 1874, and though it continued
to support thirteen beneficiaries for the year 1873, in the spring term
of 1873-74 it undertook to support no more than nine, and only five of
the fall term of 1874-75.
―――――――
12
In the fall term of 1870, with a debt of $540 unprovided for and the future
uncertain on the resignation of Walters the Board was left without an agent in the
field to instruct the churches on the need of ministerial education, and manifested
some discouragement, which is reflected in the report of Professor Royall to the
Convention. He said: "We regret that our report cannot be more encouraging. Until
the present year we had under our instruction as many as twelve beneficiaries.... So
far from having even maintained our ground, we have sustained a serious loss, at
this time there are but five brethren at Wake Forest College under our direction.... A
crisis is upon us. The question arises: What shall be done? We cannot afford to have
things go on as at present. A fresh impetus, based upon principle, must be given to
the work, else our situation is hopeless and our enterprise must fail."
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