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1868 October 17 Letter to Orson Hyde

Title

1868 October 17 Letter to Orson Hyde

Description

The co-operative movement will commence on a cash basis. Those living at a distance should establish retail co-operative stores in their settlement.

Type

Correspondence

Sender

Brigham Young

Recipient

Orson Hyde

Date

1868 October 17

Location

Salt Lake City
Springtown, Sanpete County

Subject

Business Matters
Financial Matters

President's Office
Salt Lake City
Oct. 17. 1868.

President Orson Hyde,
Springtown, Sanpete Co.

Dear Brother,

In reply to your favor of the 13th inst: I would say that we purpose commencing our co-operative movement strictly on a cash basis, and so continuing for the present; those who live at a distance had better use their capital to establish retail co-operative Stores in the Settlements where they live, and if any have more means than they wish to invest in their own wards they have the privilege of buying shares in the whole-sale store in this City.

Your Brother in the Gospel
Brigham Young