[Francis M. Lyman]
The propriety of calling on 100 men to loan to the church 1000 each or more to relieve the church of its weighty obligations. The discussion of the subject was chiefly against the plan lest it should precipitate a panic by drawing at this time such an amount from the banks. It was thought better for the banks to carry us quietly along till some relief should come in from some other direction. My name was down for 1000 and it transpires that I have already years ago loaned the church 1000 at 8% per annum. It is the amount I put into the Deseret Investment Co[mpany]. The question was postponed for one week. The pressure upon the church is verygreat just now. The Lord will have to come to our rescue or we will be compelled into Bankruptcy.
[Source: Francis M. Lyman Diary, as quoted in Minutes of the Apostles of The Church of Jesus Christ of Latter-day Saints, 1910-1951, Privately Published, Salt Lake City, Utah 2010]
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