The cash-strapped National Cathedral in Washington, D.C., mulls selling some rare holdings

Facing a reduced budget and a third round of layoffs, officials at Washington National Cathedral are considering disposing of priceless treasures — including a trove of rare books — that are no longer considered part of its central mission.

The cathedral has begun tentative talks with the Folger Shakespeare Library in Washington, D.C., as it reorients itself as an Episcopal congregation, tourist landmark and promoter of interfaith dialogue.

The cathedral’s rare book library, which dates to 1964, can no longer be considered a “core function” in the current economic climate, said Kathleen Cox, the cathedral’s chief operating officer.

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Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Economics, Politics, Economy, Episcopal Church (TEC), Parish Ministry, Stewardship, TEC Parishes, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--