svic-oz tpie Official Organ Of The Slavonic Benevolent Order Of The State Of Texas, Founded 1897.
VOLUME 58 — NO. I
BROTHERHOOD
HUMANITY
BENEVOLENCE
Postmaster: Please Send Form 3579 with Undeliverable Copies to: SUPREME LODGE SPJST, POB 100, TEMPLE, TEX 76501
JANUARY 7, 1970
NEW YEAR'S MESSAGE FROM THE SUPREME LODGE PRESIDENT ANNUAL REVIEW — AND LOOKING AR The old year 1969 is gone and with it the decade of the '60s, a rather turbulent, stormy, and restless decade at that. Leading figures in the country have taken up the habit of dubbing our past few decades with catchy titles and cliches. I shan't fall victim to that urge, except to say that the 60's was a period of extremes — extremes in almost every phase of our American society. Last week marked the passing of a decade of unrest, protest, arrests, and just plain 'tests' of all kinds. The political, economic, spiritual, social, and moral fibres of our people have been strained and tested as probably never before in our history. The tempest is not yet over, but we earnestly hope that the decade of the 70's is a more stable and tranquil one and that sanity will again prevail at all levels of our society. For the SPJST, 1969 has been a most eventful year. In the wake of the Dallas Convention in 1968, we found ourselves implementing and putting into practice the decisions and mandates of that convention. Each convention has brought something new, but I don't believe any previous one has resulted in so many new practices and projects being undertaken over such a short period of time. We will have also spent more money between the 1968 and 1972 conventions
than in any previous period in our history. The things we are doing, and will do, cost money and lots of it. The refund of premiums to members cost us in the neighborhood of $240,000 in 1969. Property acquisition costs for our new home office building cost us $235,000. (Much of which will be re-gained). A contract was let to construct our new building in the amount of $569,000. There will still be costs in furnishing and equipping the new building. (We will utilize practically all of our present equipment and furniture). Construction is well under way. We loaned Rest Home No. 1 in Taylor $79,720.49 to build the additional wing there. We will be loaning Rest Home No. 2 in Needville $150,000 and donating $100,000 in the coming months. There is a good chance they will be requesting additional funds to complete the financing of that structure. The refund to lodges amounted to approximately $67,000 in 1969. Brothers, and sisters, we are talking about big money — by any standard. This is a big business. Later in the year, you will see the complete breakdown of all expenses and from that you will readily see that we are no longer a smalltime 'one-horse' operation. From the above, it is clear that we have never spent so much in so short a
period. If there is a lesson here, it is that more thought and planning must go into future recommendations for big spending. All of us are in favor of the things that were approved, but we must be more aware of our limitations Like anything else, income and expenses must be in line with each other. Brothers and sisters, these are not words designed to alarm you; I feel they are good advice for the haul ahead. We are still solid as a rock, make no mistake about that. Even though our solvency has dipped a little, we are still well above the national average, since we have now built up our reserves on all certificates now in force to 3% interest. This is being written in the last few days of 1969 and I do not know what action the entire Supreme Lodge will take regarding mortgage loan money in our January meeting. We hope that picture looks brighter soon. As I have stated before, we do not create money crises; we are victims of them the same as other lending bodies. Laws pending before Congress also affect the money market appreciably. SPJST insurance sales are the most important thing that can happen to us. Insurance sales are the most vital part of our business, hence, our very existence. Everything else revolves around that fact. All of our other ac-