90 years ago today - Feb 19, 1932

[Heber J. Grant]

I am supposed to be a wealthy man drawing an immense salary, neither of which is true. Outside of my little bungalow home of a storey and a half, the present market value of my assets would not reach ten thousand dollars. It so happens that out of my fifty years of business life, because of losses in the panic of 1893 and subsequent losses through having endorsed notes for friends and corporations, I have spent thirty-two years of my life with every dollar lost before I made it. Some of my nearest and dearest relatives are in financial distress and I am helping them to the very best of my ability.

[Heber J. Grant, Letter to J. Cheever Cowdin, as quoted in Minutes of the Apostles of The Church of Jesus Christ of Latter-day Saints, 1835-1951, Electronic Edition, 2015]

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