Difference between revisions of "Mormonism and church finances/Kirtland Safety Society/Charges of financial misconduct against Warren Parrish"

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#REDIRECT [[Question: Was Warren Parrish signing new notes for the Kirtland Safety Society even after the bank had fallen into difficulty?]]
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=={{Criticism label}}==
 
Critics claim that Joseph Smith lied about Warren Parrish, falsely charging him with financial misconduct, and trying to shift the blame.
 
==={{Criticism source label English}}===
 
*Dean A. Dudley, "Bank Born of Revelation: The Kirtland Safety Society Anti-Banking Company," ''The Journal of Economic History'' 30 (December 1970): 848-853.
 
 
 
=={{Response label}}==
 
 
 
An examination of surviving Kirtland Safety Society notes provides concrete evidence for Joseph's charge:
 
 
 
:Some light is shed on one other point. One of the notes, with a face value of $100, is signed by Warren Parrish in July 1837. This is independent evidence supporting the charge by Joseph Smith and the Daily Herald and Gazette that Parrish was issuing and circulating notes after Smith had publicly removed himself on June 8 from the bank's operations. Subsequently, Smith warned that
 
 
 
::. . . the brethren and friends of the church . . . [ought] to beware of speculators, renegadoes and gamblers, who are duping the unsuspecting and the unwary, by palming upon them, those bills, which are not of worth here. I discountenance and disapprove of any and all such practices. I know them to be detrimental to the best interests of society, as well as to the principles of religion.
 
 
 
:Thus Dudley Dean misunderstood the situation when in a recent article he called Joseph Smith's denunciation one of the "most astounding and bizarre announcements ever made by a bank founder." Smith's might more accurately be viewed as a timely attempt to thwart Parrish's ill-advised and perhaps fraudulent effort to revive the ill-fated bank.{{ref|hill.449}}
 
 
 
=={{Conclusion label}}==
 
There is hard evidence that Parrish was signing ''new'' notes for a large amount ($100) when the bank was already in deep difficulty.  Whether intentionally fraudulent or not, this was unwise in the extreme—Joseph's caution was appropriate and well-founded.
 
 
 
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#{{note|hill.449}} {{BYUS1|author=Marvin S. Hill, Keith C. Rooker and Larry T. Wimmer|article=The Kirtland Economy Revisited: A Market Critique of Sectarian Economics|vol=17|num=4|date=Summer 1977|start=449}}{{pdflink|url=http://byustudies.byu.edu/Products/MoreInfoPage/MoreInfo.aspx?Type=7&ProdID=1457}}
 
 
 
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*{{BYUS1|author=Dale W. Adams|article=Chartering the Kirtland Bank|vol= 23|num=4|date=Fall 1983|start=467–482}}{{pdflink|url=http://byustudies.byu.edu/Products/MoreInfoPage/MoreInfo.aspx?Type=7&ProdID=885}}
 
*{{BYUS|author=Marvin S. Hill, Keith C. Rooker and Larry T. Wimmer|article=The Kirtland Economy Revisited: A Market Critique of Sectarian Economics|vol=17|num=4|date=Summer 1977|start=389|end=471}}{{pdflink|url=http://byustudies.byu.edu/Products/MoreInfoPage/MoreInfo.aspx?Type=7&ProdID=1457}}
 
*{{BYUS|author=Paul Sampson and Larry T. Wimmer|article=The Kirtland Safety Society: The Stock Ledger Book and the Bank Failure|vol=12|num=4|date=Summer 1972|start=427|end=436}}{{link|url=http://contentdm.lib.byu.edu/cdm4/document.php?CISOROOT=/byustudies&CISOPTR=277&CISOSHOW=271&REC=2}}
 
*{{BYUS|author=Scott H. Partridge|article=The Failure of the Kirtland Safety Society|vol=12|num=4|date=Summer 1972|start=437|end=454}}{{pdflink|url=http://byustudies.byu.edu/Products/MoreInfoPage/MoreInfo.aspx?Type=7&ProdID=655}}
 
*Images of KSS scrip and other "Mormon Money"{{link|url=http://www.mormonmoney.com/}}
 
 
 
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*{{StoryOfLDS|start=117|end=125}}
 
*{{HeavensResound|start=313|end=317}}
 
* {{UHQ|author=R. Kent Fielding|article=The Mormon Economy in Kirtland, Ohio,|vol=27|num=4|date=October 1959|start=331|end=356}}
 
* R. Kent Fielding, " The Growth of the Mormon Church in Kirtland, Ohio," PhD Dissertation, Indiana University, 1957.
 
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[[fr:Kirtland Safety Society/False charges against Warren Parrish]]
 

Latest revision as of 13:29, 15 April 2017