According to the Census of 1910 the aggregate number of benevolent
institutions in the United States was 5,408. Of these, 4,420 made
reports of some kind to the Census; in other words 988 institutions
failed to report at all. The number of institutions reporting receipts
was 4,281; the amount reported for the year 1910 was $118,379,859; 1,127
institutions failed to report their receipts. The number of institutions
reporting payments during the year was 4,287; amount reported
$111,498,155; 1,121 institutions failed to report their payments. The
number of benevolent institutions reporting the value of their property
at close of the year 1910 was 3,871; amount reported, $643,878,141;
1,537 institutions failed to report the value of their property. If all
the institutions had reported receipts to the Census in 1910 the amount
would reach two hundred million dollars yearly. If all the institutions
had reported the value of their property, and this value should be
brought up to date, the amount would be near to one thousand million
dollars. The information asked by the Census was: (1) receipts from
State, county, municipal appropriations, invested funds, donations,
etc.; (2) expenditures for general running expense; (3) value of
property at close of year. I quote the Census of 1910: "On information
furnished from the returns it became clear that it would be impossible
to obtain the desired information, at least in detail. Some institutions
evidently did not keep the necessary records, others objected to making
public their private finances."
Property of one billion dollars! Annual income of two hundred million
dollars! And they "don't keep the necessary financial records and object
to making public their private finances."
The number of paupers under the supervision of these "benevolent"
institutions is more than two millions. Two out of every hundred people
in the United States are in the clutches of organised charity.
It is one of the biggest industries in the United States!
[Illustration]
"BORZOI" stands for the best in literature in all its branches--drama
and fiction, poetry and art. "BORZOI" also stands for unusually pleasing
book-making.
BORZOI Books are good books and there is one for every taste worthy of
the name. A few are briefly described on the next page. Mr. Knopf will
be glad to see that you are notified regularly of new and forthcoming
BORZOI Books if you will send him your name and address for that
purpose. He will also see that your local dealer is supplied.
ADDRESS THE BORZOI
220 WEST FORTY-SECOND STREET
NEW YORK