The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-02-18

His only known income has been the
amount allowed by the Church to its
Twelve Apostles and its Presidency
about 81, 900 a year each. Mr.. Cannon
could not have supported his family on
this money, and facts show that it
has not been done. His name is found
asso oiated with the largest enterprises
in the territory. He is a miner, a
merchant, a real estate owner, a bank
err, a railroad proprietor, a manufacture
er a farmer, a publisher. an editor, an
ecclesiast, the owner of coal fields, a
cattle raiser, a promoter of power and
other enterprises. and Withal a politf-
clan. With so large a family, with
such limited income, yet with such
varied interests, it is not surprising
that many enVious ones should ques-
ton the ways Of Mr.. Cannon and init
ecclesiastical opportunities to aid him
self and family financially.
Despite the fact that Brigham Young
was opposed TO mining, Mr. Cannon is
engaged in this pursuit. 1t came about
through certain So-called "consecratedi
stock.
Mr. Cannon Becume II Miner.
A man named John Beck discovered
! the Bullion-Beck mining claim and.
after the patient endurance of almost
nameless hardships, proved that he
had a mine. But he was beset with
difficulties. He was a deVout man. and
a Mormon. He appealed to his eccleS-
| iaStical superiorS. among whom was
Mr.. Cannon, and the result was that
| Mr. Beck "consecrated" certain in
| terest in his mine, and stock in this
mine fell to Mr.. Cannon. He did not
| pay for it, though promising to do so
and by way Of compromise part of the
stock was returned, Mr.. Cannon re-
| tanning the balance for nothing Then
! the mine made money and the stock
| became valuable. Mr.. Cannon demand
! ed back the interest he had yielded Mr.
Beck, in lieu of paying him. and offered
| to pay for the surrendered stock. Mr.
| Beck objected but Mr.. Beck was, an6
| is, very careless about money matters
While Mr.. Cannon seems to be the re
verse. So a time came when BecE
needed money. Mr. Cannon sIoaneG
Beck his personal influence, and Their
| forced the unfortunate Beck, his relig
| i0uS brother, to agree to pay him somt
! 800 for the stock Mr.. Cannon haG
never paid for, and which he had vol
| unfairly released. There are said t.
have been surface indications of many
nasty things connected with the Bull
! liOn-Beck mining interests, but Mr.
Cannon has held on, and that is how
he became and is a miner
An Owner of Real Estate.
For years the Church was engaged
| in various business pursuits, Zion'i
I Cooperative Mercantile institution
among others. When the government
! took steps to close the business caree
of the Church, its stocnS were divided
|
4 Mr.. Cannon'S sons and brother becam
owners of property which is said still
TO remain in their names A few ar
free to declare that the Church has no
been paid for all this No one coul,
prove such a statement, the Churcl
accounts and records being kept from
the public eye, and from the knowledg
even of Church members on the groun
that this information might enable tn
government officials to dispossess tn
Church, though why this precautiol
was necessary, if individuals instea,
of the Church owned the property, i
not explained, unless to avoid unprofit
able exposures for those having dis
tIibuted the Church'S vast and diVergi
fed interests. But no one can DrOY
! that the Church has not been paid 70
the property indicated by those pos
Sessing it And SO he became a rea
estate owner.
So He Became n Banker.
At an early day a number Of person
high in Church influence organize
| lions Trust and Savings bank. Nj
> Cannon was one of them. The enViou
declare it was started with the note
Of the organizers in lieu of money
:. palpabie violation Of laW-and that tn
devoted and humble. followers, haYin
as much faith in the bank protector
, financially as they yielded to them re
: 1igiouslY, gave. these gentlemen charg