other large s t ockho l de r s in the Union Oil Company. Because of the dependence upon Union Oil divi dends, both Stewart and others of the Company who were helping to finance the construction program of the Bible Institute were unable to carry through on their inten tions. A t that time Stewart said: “We have been going through some thing of a panic, and the Union Oil stock has sold down to 50% of the highest point that it has reached, about three years ago. This, right in the face of the most prosperous period in the history of our busi ness, has been a good deal like a thunderclap out of a clear sky, and with adverse forces working against us it has been deemed wise to change the time of payment of dividends from monthly to semi monthly, and to make certain re trenchments which cut off our per sonal revenue for a few months. Our resources are not only tempor arily cut off, but our securities are practically unmarketable.” Since these financial reverses of the Union Oil Company so vitally affected the work of the Institute, the school’s board decided to form the Bible Institute Building Com pany in July 1913 to sell bonds to finance the further construction of the school. Of these bonds Stewart wrote to his brother: “The Bible Institute had a meeting of directors yesterday, and we decided to issue 10-year, 6% bonds, for a half mil lion dollars, with which to complete the building. Some of these we hope to use in the form of an annuity. Maybe you would like to use some of these bonds.” The financial situation was still extremely critical in the summer of 1914. Stewart wrote to a friend: “We still have some $375,000 to dig up to complete these buildings. The question that is troubling us is, where are we going to find it? We have made no general canvass, in fact, we have made no canvass for funds, as most of our friends have been claiming that they have more calls than they can meet, so we have waited for a more opportune time.” Stewart was greatly disappointed because his business and Christian friends had not rallied to the sup-
THE FILM HOLLYWOOD COULDN’T PRODUCE T H E H I D D E N P O W E R w ill sw eep y o u in to th e center o f a m a n 9s great p er - sonal struggle as he is torn betw een his allegiance to th e C onstitution o f the U nited States a n d to an Ecclesiastical
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