125 years ago today - Jan 31, 1898 • Monday

[George Q. Cannon]
Directly after President Taylor's death a change was made in the financial affairs of the Church. The receiving of the cash tithing was taken out of the hands of the Trustee-in-Trust and given to the Presiding Bishops. I was averse to it at the time; thought it was wrong; but my influence was such that anything I said had no particular weight. Since that time I have expressed myself on this subject a number of times in the Council, to the effect that it was wrong for the Aaronic Priesthood to be managing affairs in that way, as under this arrangement the Trustee-in-Trust could not draw $5 without sending to the Presiding Bishop's Office. The stream was running, I said, the wrong way; it ought to run from the President of the Church down, not from the Presiding Bishop up. This continued until last month, when a circular was brought to the office for us to sign, instructing the Bishops to send their funds to the Presiding Bishop's Office. I expressed myself to the effect that I could not sign that. I thought it was wrong. Then the change was made from the Presiding Bishop's office to the Trustee-in-Trust, in which the Bishops acquiesced; and to-day it was to complete this arrangement that this conversation was had. ...

[The Journal of George Q. Cannon, Church Historian's Press, https://churchhistorianspress.org/george-q-cannon]

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