THE CHURCH DEBT.
The venerable president of the church
rose at the close of Elder Teasdale's
remarks, saying, "I have felt it my
duty to speak of a subject that has
been brought up here to-day, and that
is the debts of the church. Person-
ally, I never run into debt myself. I
made that a rule from my boyhood up,
but since I have been in the church in
this valley I have certainly deviated a
long way from that principle. I think
it my duty to tell you how I came in
debt as president of the church and
trustee of a trust. It is well known
how the United States Government
took possession of all of the property
of the church. Receivers were sent to
Utah, one of whom I will mention.
His name was Dyer. He came to me
and demanded all of the personal
property of the church. He demanded
$500,000 in money, believing we ought
to have that much. We did not have
that much money, or anything of the
kind; had never had it. President Tay-
lor had given to the different stakes in
Utah for the support of the poor,
wheat and vegetables, and other stores
which in all the Territory amounted
to about $150,000. Mr. Dyer gathered
up these accounts and wanted money
for all that. As a compromise, rather
than have lawsuits brought against us
in every stake of Zion, we agreed to
pay him $75,000, and did so. Then
wherever he could find a sale of land,
or money expended and paid out, or
any other expense the church had gone
to, he demanded it of us.
Rather than have lawsuit after law-
suit, we agreed to give him this money.
It amounted to about a half million of
dollars. We had never had that much
money. It was money we had paid out
and given away; but we went to the
banks and borrowed $500,000 and gave
it to him. We gave our notes for it
and that was the beginning of our
debts. We have had to pay rent for
our own church property. When a por-
tion of our money was restored to us,
we had the blessed privilege of taking
up a portion of our notes. The money
was about $100,000 short, that amount
having been spent by the receivers.
We are still in debt, however.
President Woodruff thought the
members of the church were doing
wrong in not supporting their poor
and paying their own way. The peo-
ple, he thought, ought to do more than
they were doing and take the burden
off of the church. He was satisfied the
church wanted to get out of debt, and
if the various wards and stakes would
keep up their tithing and fast offerings
it would help a great deal. The presi-
dency wanted to help all it could, and
would do so, but it could not respond
to all that asked. In conclusion, Pres-
ident Woodruff was thankful that the
United States Government had done so
well in restoring their property, and he
felt confiedent that the Government
would yet return the real estate of the
church.