This seems like radical words, but they come from a man who invested much of his life in God’s harvest field and learned what advanced the mission work. From experience, I can affirm that being out of debt gives a freedom to obey God and be directed by Him. As a servant of the Lord, we are under His authority. Solomon was right when he said, “the borrower is the slave of the lender” (Proverbs 22:7). That is not freedom. It was the aim of Oswald Smith, and it should be our aim, to follow principles that accelerate the spread of the gospel, not hinder it.
(1) Oswald J. Smith, The Challenge of Missions, page 135.