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Hang in there. I hope all of you will do that and hope you will pray
a whole lot for the other brethren who might have not been able to be
here and get the story as thoroughly as you did. Let's do remember
them. Thanks a whole lot.
COPY WITHHELD FROM PASTOR'S REPORT BY ORDER OF C. WAYNE COLE
Following is further dialogue from Mr. Stanley R. Rader, submitted
Jan. 1st, 1979, which was scheduled to appear in the Pastor's Report
on January 3rd. This Pastor's Report containing this material was
ordered cancelled by C. Wayne Cole on Wednesday, the third.
* * * * *
Ted Armstrong was less than candid when he revealed details about his
own salary to the press. To set the record straight, in 1977, his
earnings as reflected by his W-2 forms issued by the Church and the
College were $174,645.78. As of January 1, 1978 his base salary was
$150,000 per annum. (In addition to his use of three homes--in Big
Sandy, Pasadena, and Tahoe--plus the cost of $750,000 per annum for
use of the Falcon Fanjet and an unlimited expense account for him and
his associates.)
Several other members of his staff or very directly under his super­
vision were also very highly paid. Robert Kuhn was paid in 1977,
$106,969.22 and in 1978, $83,702.36. Ray Wright was paid in 1977,
$106,969.22, and in 1978, $122,728.81.
I think it would be of interest to you that I quote some comments that
appeared in a letter from Ted Armstrong to Mr. Herbert W. Armstrong
dated June 29, 1977: "Anything you can do to urge Stan to step out
of a direct 'line function' and to retain his 'chief counsel' capacity
with you,personally, as your constant traveling companion and the
one who serves you in your dimension before kings, emperors, prime
ministers and world leaders would be very beneficial to the Work.
In that way Stan is /would be7 wearing only the title of what he is
actually DOING for you! And-Rav, therefore, is Lwould b� wearinq
the title of what he is actually DOING on a day to-day-basis!"
Continuing on. "RAY WRIGHT is the one who is doing the lion's share of
the actual day-to-day administering of the financial affairs for the
Work! It was Ray and I who had to put our heads together to go over
all of the emergency procedures necessary and as you know, you and
I teamed up and had to write letters to the Church calling upon the
brethren to fast and to get in large emergency substantial special
offerings in order to survive the cash-flow crunch that occurred only
a couple of months ago. We are still in a day-to-day struggle to keep
our heads above board.
"Meanwhile just as was true many years ago, Stan is away almost all
of the time because of your need of his services, and his almost con­
stant travel. Stan wears only as a title the 'Executive Vice President
for Financial Affairs' label. But he is NOT in practical fact, occupy­
ing that as a job, or as an activity."
I trust that the aforesaid will answer your questions and will help
you to understand what my capacity was until sometime in April 1978
when under Mr. Armstrong's specific instructions I began to act for
the first time as Treasurer and responsible to Mr. Herbert W. Armstrong
for the financial affairs of the Work.