Charles W. Nibley became presiding bishop and began implementing several financial changes, including a shift to an all-cash policy in collecting tithing.
[Source: Hemidakaota, "Church Chronology from 1800-2000," http://www.lds.net/forums/scripture-study-forum/12108-church-chronology-1800-2000-part-1-a.html#post214550]
The correct day should be Dec.4 (not 7th) per Deseret News 2012 Church Almanac, p.105.
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