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McEvoy, O.S.A., Father C.A., Provincial, Lawrence, Massachusetts, to James Alphonsus McMaster, New York, New York, 1883 March 3

 Item
Identifier: CMMA I-2-d

Scope and Contents

Fr. McEvoy desired to call on McMaster while passing through New York for the purpose of giving him an outline of their financial difficulties, but was unable to do so. In the statement in the Catholic Herald, which was intended for the general public, the Augustinians dealt in generalities rather than in particulars merely to show that they still, had something to offset their liabilities. The details of the matter were explored in the meeting of the depositors. When the Augustinians took charge in 1861, the original debt assumed was $150,000. By compound interest this amount would reach the sum of their present indebtedness, but to save 2 churches from going to pieces they foolishly took on another debt of $196,000. At that time, the Diocese of Boston assured them of aid in handling the burden only the promise was but partially kept since the Diocese contributed but $4000. The press in the vicinity is not very severe, except for the Lawrence Journal, conducted by John P. Sweeny, a nominal Catholic and a member of Governor Butler's staff. The Standard of Philadelphia distinguished itself by its haste and severity by giving its opinion before it could be properly informed. In 12 years they will be able to pay off their depositors if they are not driven into insolvency. McEvoy still hopes matters will take a more favorable turn. :: I-2-d A.L.S. 3pp. 12mo.

Dates

  • Creation: 1883 March 3

Language of Materials

English.

Repository Details

Part of the University of Notre Dame Archives Repository

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