a CD Tl o OJ U's That Time Again Z 'O C/5 xj m It rr> Irish liVish How Rich the Vatican? OJ 03 C ' W-' o c/: ro By Paul Hallett By this time the reader knows how that recurring 5.6 bil­ It is that time again: Last May 23, shortly before lion dollar “ estimate” of the Vatican’s liquid assets originated, itho- May the road rise to meet you the Peter’s Pence collection, Walter Scott’s widely if, as the pro-Communist Espresso had charged, the Vatican ' the syndicated “ Personality Parade” answering the ques­ owed Italy $60 million in taxes, it would have had $6.50 billion tion: “ Is it true that the Roman Catholic Church is the richest dollars, or 70 per cent of the entire value of the Italian stock church in the world?” said that its “ portfolio of securities is market. )rtal estimated at $5.6 billion, compared to the portfolio of the hab- May the wind be ever at your back Church of England, which is worth approximately $580 mil­ urn- NOW LE T US have the official facts. On June 23 last, the lion.” And more of the same. ass, Italian Finance Minister Roberto Tremelloni, in answer to a Last April 26, just after the income tax deadline, U.S. ired demand by Communist members of the Italian Parliament, re­ News published a story about Vatican wealth, which shows jele- May the Good Lord ever keep you vealed that the Vatican, though exempt from taxation actually that it was the source of Scott’s “ information.” This periodical paid taxes on its dividends from shares held in Italian compa­ in its turn quoted the London Economist, which “ estimated” Silent ord- nies amounting to 15 per cent. The dividends it received Vatican holdings at “ the equivalent of over 5.6 billion dollars.” • be amounted to $5,629,000. This would make the total value of the ,oke in the hollow of His Hand Vatican’s investments in Italian companies in the neighborhood ►dor IN M.VRCH, 1965, the Leftist Italian weekly Espresso of $160,000,000. Undoubtedly the Vatican invests elsewhere, but Prayer Iso, had claimed that the Vatican City owes Italy more than $fiO it would be extreme to say that its total dividends come to nse million in taxes for 1964 profits from trading in the Italian more than twice this figure. rod, May your heart be as warm as your stock market. our Thi.s year, on March 6, 1966, Charles Foley, writing a Vati- Five million a year go like a drop of water on a hot iron In Mass for the Vatican, which has endless appeals on its charity. can-lucre article for the North American Newspaper Alliance, Washington, D.C. — Periods after making a big show of research, said that “ my inquiries for silent prayer are part of he^arthstone showed that the choice Papal portfolio contains a good fifth TIIEUE IS A SYSTEMATIC attempt now being made to the vernacular Mass changes $560 million worth — of Italy’s total stocks.” And more of the discredit the Catholic Church through the supposed immense authorized to begin March 27. venemous same. wealth of the Vatican. Do not be fooled. Before the Collect prayer s a over the gifts and the Post- ve. And when you come to die may the Communion prayer, there will hat be a reverent silence on the part of priest and people, for private prayer. of eal wail of the poor be the only THE .VMKRIC.W Bishop.s’ out Liturgical commission, head­ ns. DENVER CATHOLIC ed by Archbishop John F. not Dearden of Detroit, in a spe­ sorrow you’ll leave behind cial statement, said the ive change was in accordance on- with the Ecumenical Council’s in Con.stitution on the Liturgy 5U- May God bless you always REGISTER and the new official Missal. an THURSDAY, MARCH 17, 1966 VOL. LX No. 22 “After the invitation to prayer, ‘T.et us pray.’ of the 3e- Collect, and of the prayer af­ ter Communion — and just nd wuui^amL-. )m before the prayer over the gifts — it has been custo­ er mary.” the statement say.s, ey j / ™1 Parish Chairmen The Inside Rights of Parents Given “ for a commentator to inter­ >0- T p o e r t ^ p . vene. with a summary of the nd Latin prayer, or a suggestion he Story , . directing the intentions of the P u lp it and R a z o r’s Bdge: For Drive Named In a Statement to UN people. One of the more perplexing *r- At an Archidocesan De­ Bishop Maloney presided By Alba Zizzamia the state, a more precise text respect for the religion of the “ With the use of the ver­ decisions that a clergyman • Results of the Indian and he velopment Fund work­ and submitted the report of is desirable. parents and respect for their nacular in these prayers, this has to make is the degree of Negro missions collection taken United Nations, N.Y. — it- shop March 10 in St. Archbishop Urban J. Vehr, (NCWC) — Catholic concern “ Article IV is designed to rights mean if the state intervention of the commenta­ f a m i l i a r i t y he exercises executive chairman, on the up in the archdiocese appears tor becomes unnecessary. .” :h Francis de Sales’ gymna­ on Page 10. for the right of parents to protect the individual from school curriculum leaves no towards his flock. If he over­ expenditures of the fund.s The people should be sium, Denver, Bishop • The work of two artists, pa­ choo.se the religious education childhood again.st all intoler­ room for religious education does it he is, in the ever-criti- from the 1965 campaign and prepared for the brief reflec­ rishioners at St. Pius X church, of their children was stressed ance in religious matters,” or for religious meetings? cal eyes of his parishioners, David M. Maloney and outlined the objectives for the tion on the needs of one and Aurora, is featured in Section 2, in a statement to the UN Hu­ the Catholic spokesman con­ “To refuse the child the showing his disrespect to the the Rt. Rev. Monsignor current campaign. all, and on concrete, personal Page 1. man Rights Commission by a tinued. “ Mention of the right possibility of regularly per­ cloth. If he underdoes it he is Gregory Smith, P.A., petitions, and pleas, the state­ The Rev. Robert Syrianey. • Father' Edward Maginnis’ spokesman for three interna­ of parents is designed to en­ forming the religious prac­ in danger of being thought a V.G., executive cochair­ ment notes. “ These petitions cam paign director, and symphony review appears in tional Catholic organizations. sure that protection . To tices indispensable to his standoffish snob. men of the drive, an­ faith or to the affirmation of can he only generally James H. Graham, profes­ Section 2, Page 1. Father Philippe de la Cha- separate the right of parents If he goes regularly to the nounced the names of summed up in the public sional consultant, discussed • Last Year’s Archdiocesan pelle of Paris, a representa­ from that of the child is an his - convictions is to prevent village pub after divine serv­ him from freely choosing his prayer thou recited aloud or parish chairmen for each the operation of the drive to Development Campaign assist­ tive of the Catholic Interna­ absurdity. To consider the JS ice and has a pint or two with faith or conviction.” sung by the priest and af­ department of the cam­ date and what would be ex­ ed St. Rose of Lima church fol­ tional Education Office, made right of parents as the impo it the chaps in the choir he is in Speaking about a phra.se firmed by the people.” paign organization. pected in the succeeding days lowing the damage of the the presentation on behalf of sition of a kind of authoritari­ danger of being called a winc- of the campaign. anism over the child is to much discussed by the Hu­ The liturgy commission Five hundred men attended church by the disastrous flood. his own organization, the bibher by some or “ a damned misunderstand the nature of man Rights Commission — speaks of the concern ex­ the workshop for pastors, par­ Monsignor Smith presented Page 3 World Union of Catholic good chap” by others. the right and of the child. that the guiding principle in pressed that too much recita­ ish chairmen, executive vice a discussion of the value of • Report on an experiment at Women’ s Organizations and I think most people like church-giving. The right of parents is exer­ these matters must be “ the tion or singing by the people chairmen, and vice chairmen. Annunciation high school, Den­ the Union of Racial Brother­ their parsons to be slightly cised in the name of the child best interests of the child” — might create a sense of haste Workshops in Greeley and (See list on Page 2) ver, is on page 2. hood. different from themselves and and not apart from him.” Father de la Chapelle re­ at .Mass, and said, “A mean­ they like to put them on a Colorado Springs W’ere held called that the relevant prin­ THE UN commission has ingful silence, intended for pedestal which can be a han- March 14 and 15 for the men ciple in the Declaration on the been discussing a Draft Con­ WHEN THE state is given prayer should answer this • dy launching pad from which of these areas.