World survey by the Interchurch World Movement of North America : revised preliminary statement and budget .. . a hundred ofhaving a $3,000 income; the lawyer, one in five;the doctor, one in seven; and the architect,engineer and manufacturer, one in ten. Elevenlawyers and eight physicians or manufacturersout of every hundred have an income of $5,000,but only four ministers in a thousand have suchan income. Yale University, recognizing the inadequacyof the salaries paid to its faculty and the lossof men who were compelled to leave the stafffor more profitable work, has adopted a budgetwhich add
World survey by the Interchurch World Movement of North America : revised preliminary statement and budget .. . a hundred ofhaving a $3,000 income; the lawyer, one in five;the doctor, one in seven; and the architect,engineer and manufacturer, one in ten. Elevenlawyers and eight physicians or manufacturersout of every hundred have an income of $5,000,but only four ministers in a thousand have suchan income. Yale University, recognizing the inadequacyof the salaries paid to its faculty and the lossof men who were compelled to leave the stafffor more profitable work, has adopted a budgetwhich adds $300,000 annually to the salariesof its professors. Normal salaries of full-timeprofessors have been increased as follows:$4,000 salaries to $5,000; $4,500 to $6,000;$6,000 to $7,000; and a few to $8,000. Columbia adopted a similar budget for is now driving for a $15,000,000 en-dowment fund to ensure a living wage for herprofessors. Princeton, Cornell and other largecolleges and technical schools are doing like-wise. MINISTERIAL SALARIES PER CAPITA GIVING INCREASED WAGES AND LIVING EXPENSES. MINISTERIAL SALARIES AND PENSIONS: Ministerial Salaries 273 But no such increase has come to the normal times the low level of salaries was asource of financial stress and embarrassment,and this condition is accentuated today by theincreased cost of living. Had the increase inministers salaries kept pace with the increasingcost of all the necessities of life, the present$1,000 salary would be $2,650, whereas theaverage increase of 20 per cent, makes it only$1,200. Wholesale prices have advanced 78 per cent,since 1914 and 265 per cent, during the lasttwenty years. The retail price of fifteen varieties of food ad-vanced 92 per cent, in the ten years from 1907to 1917, and from 12 per cent, to 20 per cent,since then. According to the National Indus-trial Conference Board, which is a federationof twenty manufacturers associations, the costof living for the ordinary Ame
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