130 years ago today - 3 September 1893 - Sunday

[George Q. Cannon]
We received the following dispatch from Geo. M. Cannon, Cashier of Zion's Savings Bank.

"All nervous. Banks here agree refuse pay withdrawing depositors more than three per cent of their money in one month. F. M. Lyman, Lorenzo Snow away. All others concur, also State Bank directors. Do you endorse? Please answer by telegram at once."

We sent the following reply:

"Cannot agree to policy suggested. There would be no more deposits and all depositors would at once serve notice of withdrawal. If compelled to close better do so after paying all money we have. Let us trust providence and go on."

While on the road we received this dispatch from F. S. Richards and Le Grand Young:

"Our Supreme Court has decided in favor of Church as to [the church retaining ownership/control of] tithing office and historian office and against Church as to Gardo House, Church farm and coal lands."

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

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