The Seesaw Shifts : The 1932 Reversal of Supreme Directional Control
John Whitmer Historical Association Journal
In 1931 President Frederick M. Smith changed the financial administration of the RLDS Church. He replaced members of the Presiding Bishopric and shifted funds away from Church expansion to a program of frugal operations and debt reduction. This was done partly because of the onset of the Depression and partly the result of an on-going struggle over financial control between the office of Presiding Bisphopric and council groups. The author concludes that the 1932 changes ushered in the use of sound business practices, but the seesaw effect between the vision of what should be done in the Church is to this day still at odds with what resources are available to carry out the vision.