Item Detail
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18491
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2
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20
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English
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Injudicious Mormon Banker : The Life of B. H. Schettler and the Collapse of His Private Bank
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Utah Historical Quarterly
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Winter 2005
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73
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no.1
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21-43
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Bernard H. Schettler, a Latter-day Saint convert from Germany, was a trusted business man in Salt Lake City for many years. He kept the books for the Perpetual Emigrating Fund Company for eleven years and later became assistant cashier in the Zion's Savings Bank & Trust Company. In 1892 Schettler opened his own private bank using an inheritance of a trusted friend, but by 1904 the bank went into receivership. Olmstead traces the complicated, drawn-out legal history of Schettler's business circumstances. Some depositors accused the Church of protecting Schettler and trying to cover up the bank's financial practices. The author concludes that the failure of Schettler's bank led to regulated banking practices in Utah and the West.
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A Dependent Commonwealth : Utah's Economy from Statehood to the Great Depression
Cooperation, Conflict, and Compromise : Women, Men, and the Environment in Salt Lake City, 1890-1930
Crisis in Zion : Heber J. Grant and the Panic of 1893
Encyclopedia of Latter-day Saint History
'Give Me Any Situation Suitable' : The Consecrated Life of the Multitalented Paul A. Schettler
Great Basin Kingdom : An Economic History of the Latter-day Saints, 1830-1900
History of Utah
Latter-day Saint Biographical Encyclopedia
Latter-day Saint Prayer Circles
Life in Utah : Centennial Selections from BYU Studies
Mormon Polygamy : A History
Mormons and Gentiles : A History of Salt Lake City
Pioneers and Prominent Men of Utah
Political Deliverance : The Mormon Quest for Utah Statehood
The History of Banking in Utah, 1847-1896
The History of Money and Banking in Utah
The Six Pillars of Utah's Pioneer Economy
The Twentieth Century American West : Contributions to an Understanding
Utah's Economy and Brigham Young's Ledgers : 1853-1879
Wilford Woodruff's Journal, 1833-1898 : An Index