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Show BIOGRAPHY OF MYRON TANNER. business man The desirability, however, of the new urged upon him and had become in those days so associated with the religious spirit of the time that it movement strongly in the town. 21 was seemed almost like religious indifference to the Church to- with stand the very general counsel to act in an organized manner through the medium of business corporations. a Tne result of the express wish of President Smoot was finally compromise brought about by submitting the matter, and leav ing it to President Brigham Young, who decided that if Myron exchange one half of his mill forstock in the Provo Woolen Mills that would be satisfactory and that he should further have the privilege of managing his own mill. This proved in a The factory stock was subject to measure, a financial disaster. assessments, and throughout the entire existence of the woolen mills little has been earned by that corporation; indeed the earnings have not equaled the assessments. What, however, was perhaps as great, if not a greater misfortune than the probable loss of one half of the mill was the un willingness of the new corporation to permit improvements hat the progress of the milling industry absoultely demanded. Such conditions were very discouraging and after many years of such dissatisfaction he finally sold out his share of the grist mill. During those years the mill had earned thous for the ands of dollars factory, but the factory brought compara to Today, 1907, the factory stock Myron Tanner. tively nothing worthless. is practically The next co-operative movement was the mercantile establish ment at Provo, known as the East Co-op., In that Myron Tanner 'Ihe requirements was also asked to become a large stockholder. made upon him for this purpose removed from his use a large part After these two institutions had been set of his working capital. The in motion, there was a call for a co-operative cattle herd. in interested or less more been had of this sketch always subject the cattle industry and had gathered quite a little herd at Payson which he manipulated to good advantage.· All of these cattle were then put into the new co-operative herd which proved a failure. These co-operative movements were not only in a large measure a financial disaster to Myron '.Canner, but they were a source of great Tanner would |
