120 years ago today - Aug 7, 1893

[Apostle Heber J. Grant Diary] ... Looking at things naturally I would say that it was a sure thing that the State Bank and the Zion's Saving Bank will have to fail also the firm of Cannon Grant & Co. I am free to say, however that I have great faith that we will all get through the present financial storm all right. I Can not give any reason for this feeling only that I have faith that the Lord does not wish failure to come to his servants who are engaged in business. I know that those in the firm of Cannon, Grant and Co. went into the business with a desire to assist if possible in building up the country, but they may have and no doubt bee too willing to run into debt for the purpose of making a dollar or so profit. I hope that our anxiety to make a dollar has not been so great that the Lord feels that it is necessary to punish us by a failure and I can't feel that He does.

[Source: Diary of Heber J. Grant, http://amzn.to/newmormonstudies]

No comments:

Post a Comment

Please Enter your Comment: