140 years ago today - Jan 24, 1878

Presiding apostle John Taylor tells a meeting of local bishops, "He expected to present before the people at least once a year an account of what was done with their means." It becomes policy to present a financial report at the April general conference.

[Source: The Mormon Hierarchy - Extensions of Power by D. Michael Quinn, [New Mormon History database ( http://bit.ly/NMHdatabase )]]

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