Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-07-14
DEsERET EVENING NEWS WEDNESDAY JULY 14 1909

1 to- have done with the ,iuseeHly fight
4 the bitterness and snniity that have In
| the past llndol btedl yfre retarded progress.
The change which has come viii rap
| idly grow more marked because the
amount of capita coming from both
sides and vested In Joint enterprises
| lis iapidly increasing iii
Only q few years 90 the maj rity of
| the AIortrio,ls would not engage in ibusl-s
ness enterprises in which GENTLE capital
was Interested, OF. at least were opposed
theorsticall Nv to doing so. Today there
are many large enterprises in the city
and throughout the state in which the
capital Invested Is about equally divide
ed. & e NJ
on the site OF Brigham Young old
adobe tithng- house. for example. where
the faithful were wont for years to pour
into the Golfers of the Church one-tenth
of all they made is being erected a
$2. 600. 900 sfote AL though this is known
most generally as a Mormon enterprise.
as a matter Of fact Ii large part. Of the
capital has been furnished by Eenttles.s
Tine mons Mormon residents of Salt
Lake city are coming to realize that
the helds of the Mormon Church are
good business men and can be relied
Upon to carry large undertakings
through to ultinlate success. Owing
to tits fact the Mormon people no
longer have any difficulty in securing
outside capital should they see fit to-:
seek 1t. ). ii 90 * sfi
One of tl,c5msost striking Illustrations
iof the business coniningiing of Nor
mon and gentle is to be found in the
K Utah ST. gar company, which was orig
8alally G Mormon enterprise. ri
The sugar trust desired to absorb this
company. as 1T had absorbed many 9TH
org. and went about t In the same old \
way. The heads of the trust soon dis
covered that they We're dealing with a
business Organization Which was every
bit as clever, Efficient and strong rs; I he
trust itself. and, i'll fact. could giSte the 1
TRUST some pointers In the line Of
5shrewd business met hods
FL The trust agents also discovered that
If they We're to enjoy any of the profits
of the magnificent business which the
NIormons had built up.in the sugar
line. they would have to do it on the
Mormon basis and not on the, sugar
trust basis. Is,
Accordingly. the trust submitted Sa$
proposition, to the presiding bishop to-
pay a large price for u certain part Of
the stock n'sthe Utah company, The 4
purchase of this stock was coupled With
the express condition that the sugar
trust would in no wise Interfere With
the management of the company or at
tempt to dictate It's policy.
With this understanding the bishop
submitted the trusts proposition to the
Mormon Stockholders. and 4 sufficient
number to! give the trust the interest II
sought sent In their stock. Evidence
that the trust Is keeping it's word not
to interfere extensively In the manage
lnent OF the company Is to be found in
the fact that Thomas r. Cutler, who
stands high in the. councils of the Nor
mon Church, Is vice president and gem
,eral manager of the company.
Il In speaking about the business of the
company Mr.. Cutler said:
The agents of the sugar trust told us
that they wanted some of our stock and
We're willing to pay a fancy price for It.
There 7 were absolutely no terms or con
.ditions attached to the trust which has
keptfits word and has not attempted to
dominate the affairs of the company.
They told the management Of the
company that they We're perfectly sat
listed With the way the company was
being run and that they wanted the
to have a free hand So
1t is that our company is one company
at least in which the sugar trust has
acquired an interest, but which it has
not absorbed.
Still another interesting evidence Of
changed conditions withsrespect to the.
Mormon situation in Salt Lake CitySis
to he found in the fact that Mormon
ism Is not being discussed nearly so
much as 1t was formerly. "a S.
Only a few years ago the subject of
Mormonism protruded itself into the
social, business and civic life Of the
city, 1t was the burning question
everywhere, and feeling always ran
high.
This is all changed, for were II not
for the monumental temple OF exquisite
architecture the rounded dome of the
great tabernacle and the forbidding
wall which surrounds the grounds OF
the Mormon places of worship, 1t would
be possible to remain In Salt Lake City
many days without having the fact
forciblS thrust home that this Is a Nor
mon stronghold. ss5
GLEN STERLING