Bishop Robert Morris of the Eleventh Ward met Presidents [Lorenzo] Snow and [George Q.] Cannon, and represented that an invalid sister named Wallis, a member of his Ward, desired to receive her endowments, but was physically unable to do her own work; she therefore wanted to know if it would be proper for her to receive her endowments by proxy. Presidents Snow and Cannon consented to this being done, but expressed a desire that the matter be not talked about.
Prof[essor]. Benjamin Cluff, Jun[ior]., President of the Brigham Young Academy, submitted to the Presidency a financial scheme for the benefit of that institution. He proposed to get out a circular, addressed particularly to the Alumni of the Academy, inviting subscriptions to the school, with the understanding that all monies raised in this manner be loaned to the Church for an unlimited time, the Academy to draw the interest only. Brother Cluff thought that quite a considerable sum could be realized by this method in time. President remarked that he would favor the scheme, provided an individual letter should be written in lieu of the issuance of a circular. President Snow approved of President Cannon's idea, but felt that no such attempt should be made to raise means for the Academy until the Church should be well out of debt. He felt that the people ought not to be crowded in those matters.
[First Presidency and Quorum of the Twelve minutes]