By a "revelation" given out while the heads of the church were in Jackson County, Missouri, in April, 1832 (Sec. 82), a sort of firm was appointed, including Smith, Rigdon, Cowdery, Harris, and N. K. Whitney, "to manage the affairs of the poor, and all things pertaining to the bishopric," both in Ohio and Missouri. This firm thus assumed control of the property which "revelation" had placed in the hands of the Bishop. This arrangement was known as The Order of Enoch. Next came a "revelation" dated April 23, 1834. (Sec. 104), by which the properties of the Order were divided, Rigdon getting the place in which he was living in Kirtland, and the tannery; Harris a lot, with a command to "devote his monies for the proclaiming of my words"; Cowdery and Williams, the printing-office, with some extra lots to Cowdery; and Smith, the lot designed for the Temple, and "the inheritance on which his father resides." The building of the Temple having brought the Mormon leaders into debt, this "revelation," was designed to help them out, and it contained these further directions, in the voice of the Lord, be it remembered: "The covenants being broken through transgression, by covetousness and feigned words, therefore you are dissolved as a United Order with your brethren, that you are not bound only up to this hour unto them, only on this wise, as I said, by loan as shall be agreed by this Order in council, as your circumstances will admit, and the voice of the council direct.....
"And again verily I say unto you, concerning your debts, behold it is my will that you should pay all your debts; and it is my will that you should humble yourselves before me, and obtain this blessing by your diligence and humility and the prayer of faith; and inasmuch as you are diligent and humble, and exercise the prayer of faith, behold, I will soften the hearts of those to whom you are in debt, until I shall send means unto you for your deliverance.... I give you a promise that you shall be delivered this once out of your bondage; inasmuch as you obtained a chance to loan money by hundreds, or thousands even until you shall loan enough [meaning borrow] to deliver yourselves from bondage, it is your privilege; and pledge the properties which I have put into your hands this once.... The master will not suffer his house to be broken up. Even so. Amen."
It does not appear that the Mormon leaders took advantage of this authorization to borrow money on Kirtland real estate, if they could; but in 1835 they set up several mercantile establishments, finding firms in Cleveland, Buffalo, and farther east who would take their notes on six months' time. "A great part of the goods of these houses," says William Harris, "went to pay the workmen on the Temple, and many were sold on credit, so that when the notes became due the houses were not able to meet them."
Smith's autobiography relates part of one story of an effort of his to secure money at this trying time, the complete details of which have been since supplied. He simply says that on July 25, 1836, in company with his brother Hyrum, Sidney Rigdon, and Oliver Cowdery, he started on a trip which brought them to Salem, Massachusetts, where "we hired a house and occupied the same during the month, teaching the people from house to house."* The Mormon of to-day, in reading his "Doctrine and Covenants," finds Section 111 very perplexing. No place of its reception is given, but it goes on to say:—
* Millennial Star, Vol. XV, p. 281.
"I, the Lord your God, am not displeased with your coming this journey, notwithstanding your follies; I have much treasure in this city for you, for the benefit of Zion;... and it shall come to pass in due time, that I will give this city into your hands, that you shall have power over it, insomuch that they shall not discover your secret parts; and its wealth pertaining to gold and silver shall be yours. Concern not yourself about your debts, for I will give you power to pay them.... And inquire diligently concerning the more ancient inhabitants and founders of this city; for there are more treasures than one for you in this city."
"This city" was Salem, Massachusetts, and the "revelation" was put forth to brace up the spirits of Smith's fellow-travellers. A Mormon named Burgess had gone to Kirtland with a story about a large amount of money that was buried in the cellar of a house in Salem which had belonged to a widow, and the location of which he alone knew. Smith credited this report, and looked to the treasure to assist him in his financial difficulties, and he took the persons named with him on the trip. But when they got there Burgess said that time had so changed the appearance of the houses that he could not be sure which was the widow's, and he cleared out. Smith then hired a house which he thought might be the right one,—it proved not to be,—and it was when his associates were—becoming discouraged that the ex-money-digger uttered the words quoted, to strengthen their courage. "We speak of these things with regret," says Ebenezer Robinson, who believed in the prophet's divine calling to the last.*
* The Return, July, 1889.
Brought face to face with apparent financial disaster, the next step taken to prevent this was the establishment of a bank. Smith told of a "revelation" concerning a bank "which would swallow up all other banks." An application for a charter was made to the Ohio legislature, but it was refused. The law of Ohio at that time provided that "all notes and bills, bonds and other securities [of an unchartered bank] shall be held and taken in all courts as absolutely void." This, however, did not deter a man of Smith's audacity, and soon came the announcement of the organization of the "Kirtland Safety Society Bank," with an alleged capital of $4,000,000. The articles of agreement had been drawn up on November 2, 1836, and Oliver Cowdery had been sent to Philadelphia to get the plates for the notes at the same time that Orson Hyde set out to the state capital to secure a charter. Cowdery took no chances of failure, and he came back not only with a plate, but with $200,000 in printed bills. To avoid the inconvenience of having no charter, the members of the Safety Society met on January 2, 1837, and reorganized under the name of the "Kirtland Society Anti-banking Company," and, in the hope of placing the bills within the law (or at least beyond its reach), the word "Bank" was changed with a stamp so that it read "Anti-BANK-ing Co.," as in the facsimile here presented.