J. Reuben Clark makes a number of suggestions to Church auxiliaries; notes that, in 1938, the Church had a deficit of $100,000.
J. Reuben Clark, "Suggestions to Auxiliaries,” April 1, 1940, J. Reuben Clark Papers, MSS 303, Box 207, Folder 4, L. Tom Perry Special Collections
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4. That our income was limited and that its expenditure had to be carefully watched; that in 1938 we had a deficit of over $100,000., from the point of view of income and expenditures; that in 1938 the deficit approaching a half million dollars; that in 1939, by the most scrupulous care, we had again brought our budget into balance with our income; and, that we had <so> planned our budget this year in such a way as likewise to come within our income; and that the Presidency was determined that it should so conduct its financial affairs as to live with the regular Church income so far as that could be done, in view of the fact that our income was uncertain.
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