Biography and Family Record of Lorenzo Snow: One of the Twelve Apostles of the Church of Jesus Christ of Latter-day SaintsSnow, Eliza R. (Eliza Roxey)
Religion
Biography and Family Record of Lorenzo Snow: One of the Twelve Apostles of the Church of Jesus Christ of Latter-day Saints
Snow, Eliza R. (Eliza Roxey)
Church of Jesus Christ of Latter-day Saints; Snow family; Snow, Lorenzo, 1814-1901
But this involved us in a large indebtedness. In view of liquidating
this liability, we engaged a large contract to supply timber and lumber
to the Utah Northern Railroad, incurring a heavy expense in procuring
a saw mill in Marsh Valley, Idaho, and moving there also our steam
saw mill. We were employing one hundred men--everything moving along
prosperously, when, suddenly, through influence of apostates, aided
by a mobocratic judge, a raid was made upon our camps, fifty of our
workmen were arrested and imprisoned, and our operations stopped.
And, although the embargo on our business was withdrawn, and the men
liberated by order of the President of the United States, through the
influence of Jay Gould, it came too late; thus we were compelled to
abandon this enterprise, sell our saw mill for one-half its value,
and move back our steam mill, etc., the whole involving an expense
and loss of over $6,000 (six thousand), besides the vexation in our
disappointments in raising the money to pay our indebtedness.
The following July, a tax of $10,200 (ten thousand two hundred) was
levied on our scrip by O. J. Hollister, United States assessor and
collector of internal revenue. Though illegal, unjust and highly
absurd, the payment could not be avoided; therefore we borrowed the
money and paid the assessment.
Through these and other unfortunate occurrences, we became greatly
embarrassed in our business. This embarrassment, as may be seen, is not
the result of the natural pressure of the times, nor of the financial
crisis which has broken up thousands of banking institutions and
business firms throughout the world, neither that of mismanagement, nor
any defect in our systems of operations; but, as before mentioned, it
has been brought about through a succession of calamities unparalleled
in the experience of any business firm in this or any other Territory.
The following is a showing of our losses, including the assessment, all
occurring in the space of about nine months:
Crops destroyed by grasshoppers, - - $4,000
Crops destroyed by drought, - - - - - 3,000
Burning of woolen mills, - - - - - - 30,000
Losses in Idaho, - - - - - - - - - - 6,000
By assessment on scrip, - - - - - - -10,000
Total, - - - - - - - - - - - - - - $53,200
We were then compelled to raise, within eighteen months, $30,000
(thirty thousand) independent of the $45,000 (forty-five thousand)
required during the same time to carry on our home industries.
Public-domain text, read in full here on John Shaqi.
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