The following year, Brothers Rosenthal, Cantor, Adlin were elected Chancellors. The Board this year was confronted with great financial difficulties. The Fraternity had suffered severe financial reversals in the last convention, and every available source of income was stretched to the breaking point in order to liquidate the outstanding obligations. However, the year that followed was characterized by many hopeful signs, such as financial recuperation, fraternal consolidation and conservative expansion. In 1928, an auditing committee was appointed to inspect the accounts of the fraternity. Furthermore, it became mandatory that the records of Sigma Alpha Rho be held open to all brothers at all times. Another rule passed this year provided that all chapters which failed to pay their per capita tax would be excluded from representation in the National Executive Councils.