The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-06-20
BRIGHAM YOUNG'S WEALTH.
How 1t Was Secured : Zion's Co-operntIve

How 1t Was Secured : lions Co-operatIve
The prodigious wealth of the Salt Lake auto
crat, Brigham Young, has been Haunted in the
face OF the world for ten years, as an offset to
his multifarious crimes against civilization and
humanity. He has been held up to view as one
of the ablest executive minds in the nation; q
man capable of vast achievements; ruler who
moved the one hundred and fifty thousand peo-
pie of bis dominions like automatons, and made
all things within the radius of his power move
to his bidding. We have been told that he was
the second largest depositor in the Bank of
England, had millions in London real estate,
and costly buildings without number; held the
balance of money power in New York and other
cities, the lowest figure of his enormous gains
being placed at seventy millions.
The Corinne Reporter tells how it was DONE
by whom and for what purpose. The falsehood
of the Prophets wealth was sent abroad in
quiet way by and through the horde of pro-
selyting agents scattered throughout the United
States and Europe, and for this purpose: When
it was decided by the Church to establish
gigantic cooperative institution, with branches
extending through the capital city, and to every
settlement of the Empire, agents were sent to
Chicago, New York, Boston, and Philadelphia,
TO purchase stocks for the multitude of stores
proposed to be opened. The seventy millions
romance had preceded them, and dealers We'd
with each other as to who should sell the most
goods on credit to the Chief of lions Co opera
tive Establishment. Merchandise of every
description flowed into the Territory in an end
less stream, and the thousand stores were
stocked. ''Holness to the Lord" furnished the
trade mark by which all Mormons were ordered
to buy. Accommodation from the Church,
which is virtually outlawry; was visited upon
all who dared to violate the edict by trading
with GENTLE. The institution has thus far
made no dividends, and the Eastern merchants
who sold it goods were sold in return. When
they sought the whereabouts of the glittering
seventy millions, no part of it could be found.
The next scheme set on foot by the mighty
Brigham was to build few hundred miles of
The Union Pacific Railroad. He took large con-
tracts, and it was reported that he had realized
immensely from them. His profits may have
been large, but he claims to have received little
or no money for his work, the greater part of
the proceeds going into material for the Utah
Central, from Ogden to Salt Lake. When built,
Brigham hadn't the means to equip it, nor has
he paid the men who did the work of construc-
ton. What was done with the funds acquired
from the Union Pacific Railroad contract don't
appear. He says the Union Pacific Railroad
Company still owe him large balance on the
work.
His fittings cannot be over hundred and
fifty thousand per annum and we doubt if they
are that much. His foreign deposit cannot be
large, possibly a million or two, but he has a
tight grasp on all the estates, goods, and effects
of his subjects, which may amount to thirty or
forty Enthusiastically not more. Salt Lake
City to-day, though four times as large is not
so extensively built as Denver. The buildings
are all adobe, and most of them are of the
cheaper kind. A few on Temple, street, the
main thor oughfore, present an imposing appear
| ance, but they are built of concrete or adobe
and succeed off into square blocks to represent
| cut stone.
Take away the forest of shade trees and the
! town would have no attractions whatever. If,
| with these facts in view, the world can figure
out where Brigham's seventy millions came
| from, it must find sharp mathematicians, and
| get deeper into the archives of Mormondon than
we have been able to do.