George Q. Cannon 1898 Diary (2)

Disposition of the "dedicated" stock from the Bullion, Beck & Champion Mining Company discussed in the January 7, 1898 meeting of the First Presidency and Quorum of the Twelve.

From the B. H. Roberts Collection (handwritten). The page numbers at the end of each excerpt probably refer Cannon diary page numbers.

Paragraph breaks are the editor's. Bracketed text is Roberts', as are the headings.


  From Journal G Q. Cannon    
  F. J. Cannon & his Relationship to First Pres.    
  Monday, January 17, 1898    
Brigham Jr. has told George Q. of Frank's drinking

Frank's letters encouraging

He has reached agreement with Banigan.
  [President Cannon has been informed of his son Frank's intemperance by apostle B. Young and he has made inquiries of <Hugh Cannon and G. F. Gibbs> & masses testimony to shield Frank. Then] . . . the First Presidency received a large number of letters from Frank this morning, very gratifying & exilerating to us. [Frank at the time <and for some time previous> has been the financial agent of the Presidency at the time in the East.], as they evinced a good spirit and show the zeal with which he is working. He has <effected a> settlement with Mr. Bannigan that we think very satisfactory.
  Joseph Banigan was a venture capitalist in New Jersey. "During the 1890s, capitalists such as Joseph Banigan and Charles K. Bannister exercised as much influence on Utah enterprise as did Wilford Woodruff and George Q. Cannon." Utah: The Right Place, 451.
George Q. admits telling Frank about Council meeting last week.   I told President Woodruff and Smith that I had written a private letter to F. (which was sent to him last Wednesday) giving him some particulars of what had occurred at the council [when the Twelve complained of their treatment by the First Presidency]. I said I felt that I ought to do so; it was a relief to me though it may not have been very wise.   1898: January
Decide to telegram Frank   President Smith thought it would have a very discouraging effect upon him. I proposed, therefore, that the First Presidency send a dispatch to him. Prests Woodruff and Smith thought we ought to, and the following was framed and sent to him, signed by the presidency:    
Support, encouragement   "Be comforted. Batch of letters received, very satisfactory. The Lord has bles you and we bless you, and say be encouraged and do not weaken."
   
  I do not want him to be discouraged, nor to feel that his efforts are not appreciated. I believe he is doing all he can, and I think he is capable of doing a great deal. p. 56.    
     

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