The parishioners of the two churches may now attend either of them just as they like.

As the trustees are fond of explaining it doesn't make the slightest difference.

The entire receipts of the churches, being now pooled, are divided without reference to individual attendance.

At each half year there is issued a printed statement which is addressed to the shareholders of the United Churches Limited and is hardly to be distinguished in style or material from the annual and semi-annual reports of the Tin Pot Amalgamation and the United Hardware and other quasi-religious bodies of the sort.

"Your directors," the last of these documents states, "are happy to inform you that in spite of the prevailing industrial depression the gross receipts of the corporation have shown such an increase as to justify the distribution of a stock dividend of special Offertory Stock Cumulative, which will be offered at par to all holders of common or preferred shares.