-- Oct 12, 1899; Thursday
Salt Lake Temple, 11 A.M. Present: Lorenzo Snow, George Q. Cannon, Joseph F. Smith, Francis M. Lyman, John Henry Smith, Heber J. Grant, Anthon H. Lund, Abraham O[wen]. Woodruff and Rudger Clawson.
A letter was read from John Wesley Young, who is sojourning in the city, conveying the following telegraphic message from his father, John W. Young, dated New York, the 7th inst.: "Loyal regards to President Snow and Council". The sender of the message has lately returned to New York from England and France. No one seems to know the nature of his business in those countries, but it is said that his financial prospects are exceedingly bright. ...
Brother John Henry Smith reported that Brother [David K.] Udall, of St. John [Arizona], who[se] case was considered at a former meeting of the Council, had since been sold out; that is, the mortgage on his property had been foreclosed.
Upon the same subject Brother Lund reported that he had had a talk during the recent conference with a Brother Patterson, from St. John, who informed him that if Brother Udall had been helped to the amount of $2,000, it would only have staved off his troubles, as he owed some $18,000 to the original owner of the place.
President Snow here remarked that he thought it would be a good thing for the Apostles to urge upon the Saints not to go into debt, either on their own account, or for the purpose of making public improvements.
Brother Grant brought up the subject of the Utah Loan and Trust Company, and proposed the winding up of its affairs, and the starting of a new bank, which he believed could be made to pay, if properly and economically conducted. If the Company's business were wound up, the Church would necessarily lose some $15,000; if a new bank were started the chances are that it would lose nothing, though it would be necessary to raise another $60,000, which he believed could be done. The Trust Company was losing money and business every day, and Brother Grant thought that if the matter were taken hold of in the proper way the business would increase. The subject was passed for the present.
Brother John Henry Smith referred to the report, previously made to the Council, upon the printing of new editions of the Book of Mormon. It was the general feeling of the Council that this work should be done at home, even if it could not be done as cheaply as in the East. President Smith made a motion to this
effect, which received two or three seconds, but no action was taken. ...
President George Q. Cannon bade the brethren goodbye this afternoon. He leaves in the morning for New York City, to be gone two or three weeks, on the business of the Power Companies. (1)
-- Friday, Oct 13, 1899
[Apostle John Henry Smith Diary] Salt Lake City
I was at the President's office during the morning hour. President Lorenzo Snow agreed to advance Lyman's and my compensation to two hundred and Fifty dollars per month.
I met Governor Stunenberg of Idaho this morning.
President Lorenzo Snow, Joseph F. Smith, Francis M. Lyman, and myself met with Gov. Heber M. Wells and had a talk over the appointment of A U.S. Senator. Judge Bartch wants the place. (2)
1 - First Presidency and Quorum of the Twelve minutes
2 - Jean Bickmore White (editor), Church, State, and Politics: The Diaries of John Henry Smith, Signature Books in association with Smith Research Associates, Salt Lake City, 1990, http://bit.ly/johnhenrysmith
LDS History Chronology: Lorenzo Snow
Mormon History Timeline: the life of Lorenzo Snow
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