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In the opening scenes of the 1994 Coen Brothers film The Hudsucker Proxy, we find ourselves in a spacious boardroom on the top floor of an Art-Deco building in New York. It is 1958, but the furnishings and fashion all seem more at home in the Roaring Twenties. Men in suits are gathered around a gleaming conference table, hearing a financial analyst report on the condition of their company, Hudsucker Industries. His report is rosy. Talking above a stirring soundtrack, the financial analyst says:
“... We’re up 18 percent over last year’s third-quarter gross, and that, needless to say, is a new record. Our competition continues to flag and we continue to take up the slack. Market shares in most divisions are increasing and we have opened seven new regional offices. Our international division is also showing vigorous signs of upward movement for the last six months, and we're looking at some exciting things in R&D. Sub-franchising – don't talk to me about sub-franchising; we're making so much money in sub-franchising it isn't even funny. Our nominees and assigns continue to multiply and expand, extending our influence nationally and abroad. Our owned-and-operateds are performing far beyond our expectations both here and abroad … the Federal Tax Act of 1958 is giving us a swell writeoff … and our last debenture issue was this year’s fastest seller … So, third quarter and year-to-date, we have set a new record in sales, a new record in gross, a new record in pre-tax earnings, a new record in after-tax profits, and our stock has split twice in the past year. In short, we're loaded.”
I sometimes recall this scene when the officers of this parish submit their reports to the vestry. Now, I concede that our treasurer has never (so far!) reported that “we’re loaded.” But sometimes our reports are rosy, in their own way: in recent months, attendance has consistently ticked upward; our finances are in sound (if modest) shape; our capital campaign is going well; we’re restoring and repairing our buildings and grounds; there is a lot to encourage us these days. “St. Paul’s is on the move again!” someone said in a recent email.