When Brigham Young settled Utah, the Church created the first banks:
"In Utah, an even greater role was played by the Church of Jesus Christ of Latter-day Saints. The banking activities of the church included the introduction of coin and currency to supplement other circulating media. The church also provided short-term consumer and long-term agricultural and industrial credit through church agencies and the church treasury; and it handled drafts, remittances, and other "foreign" credit instruments through such church institutions as the Perpetual Emigrating Fund Company.
The most important early banking activity of the church, however, was that connected with the tithing houses located in every LDS settlement. Until 1869, the tithing houses were the only general stores in most Utah communities. Each kept an elaborate bookkeeping system, with debits and credits for each customer; the accounts were "settled," but not necessarily balanced, at the end of each year. Thus, individuals and village shops and industries could "save" by accumulating credits and "borrow" by withdrawing commodities in excess of their accumulated credits. The tithing offices, particularly the General Tithing Office in Salt Lake City, issued a kind of currency called "tithing scrip," which facilitated accurate bookkeeping and generally circulated throughout the territory. Tithing resources were used in supporting laborers engaged in making roads, constructing dams, building schoolhouses, and erecting telegraph lines." (Source)
However, with the discovery of gold that soon changed:
"It was this boom which was the immediate and compelling reason for the establishment of formally organized private banking houses in Salt Lake City in 1864. Four such banking houses were attracted to the city in that year: Clark and Company; Holladay and Halsey; Powers, Newman and Company; and Scott, Kerr and Company. (Ibid)
Enter Wells Fargo and Company:
"The First National Bank of Utah developed from a partnership of Warren Hussey and Charles Dahler. Hussey was a gold broker and land agent in Colorado in the early 1860s, while Dahler was the Denver agent of Ben Holladay's Overland Stage Line. When Holladay sold out to Wells Fargo in 1866"...(Ibid)
Wells, Fargo and Company had been organized in 1852 by Henry Wells and William G. Fargo, both of New York, for the purpose of carrying express between San Francisco and New York. It acquired stage coach lines, freighted merchandise and supplies (particularly gold), carried the mail, and became by 1860 the greatest and most powerful express company in the West. When Wells Fargo bought out Ben Holladay's Overland Stage Line, Overland Mail, and other interests in 1866, it acquired Holladay and Halsey's Salt Lake bank. One of the firm's key banking agencies, the Salt Lake branch lifted its deposits from an average of less than $30,000 in 1867 to more than $200,000 in the mid-seventies. By 1890 the bank's assets exceeded $1 million.
And the Rothschilds, through Kuhn Loeb Bank, and Jacob Schiff (Source)
"From his base on Wall Street, he was the foremost Jewish leader from 1880 to 1920 in what later became known as the "Schiff era," grappling with all major Jewish issues and problems of the day, including the plight of Russian Jews under the tsar, American and international antisemitism, care of needy Jewish immigrants, and the rise of Zionism.[1] He also became the director of many important corporations, including the National City Bank of New York, Equitable Life Assurance Society, Wells Fargo & Company, and the Union Pacific Railroad. In many of his interests he was associated with E.H. Harriman." (Source)
The First Mormon National Bank:
The final national bank, and the first "Mormon bank" to be founded in Utah, was the Deseret National Bank. This bank was an outgrowth of a banking partnership established in 1868 under the name of Hooper, Eldredge and Company. William Hooper was a prominent Salt Lake City merchant and Utah's territorial delegate to Congress; Horace S. Eldredge was also a prominent merchant and high official of the LDS Church. Their mercantile firm having been absorbed in 1868 into the church-promoted wholesale and retail house, Zion's Co-operative Mercantile Institution (ZCMI), Hooper and Eldredge entered the field of banking with their bookkeeper, Lewis S. Hills. Their bank was originally called "Zion's Co-operative Banking Institution," and the sign bore a representation of the "All-Seeing Eye...(ibid)
Which merged with Illuminati Bankster Marriner Eccles and his First Security Corp.
It continued as the leading national bank in Utah until well into the twentieth century. The Deseret National Bank remained a separate institution until April 5 1932 when, as the result of the exigencies of the Great Depression, it was consolidated with the Security National Bank of Salt Lake City, a bank controlled by Marriner Eccles and the First Security Corporation. Total resources of the firm rose from about $600,000 in 1872 to more than $1,000,000 in 1880. During the same period deposits rose from $250,000 to $570,000.
Which merged with Kuhn Loeb's Wells Fargo under Spencer Eccles:
Wells Fargo (www.wellsfargo.com ), with $234 billion in assets, is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance from more than 5,800 financial services stores and the Internet across North America and elsewhere internationally. With $23 billion in assets, First Security Corporation (www.firstsecuritybank.org ) is the second largest independent bank holding company headquartered in the West.
This, more than anything else, could explain the firing of Dr. Jones from BYU, the mysterious "Illuminati" handshakes between Dick Cheney, George Bush and Presidents Monson and Hinckley, the honorary doctorate given to Dick Cheney, etc. We will explore these connections in future articles, unless the Mormon Illuminati follow through on this death threat directed at myself, whom they refer to as a Mormon Prophet.
For those of you that wonder just how much influence Eccles still has in the Mormon Church: Read This
