Word: deseret
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Around the corner is something called the bishop's storehouse. It is filled with goods whose sole purpose is to be given away. On its shelves, Deseret-brand laundry soaps manufactured by the Mormon Church nestle next to Deseret-brand canned peaches from the Mormon cannery in Boise, Idaho. Nearby are Deseret tuna from the church's plant in San Diego, beans from its farms in Idaho, Deseret peanut butter and Deseret pudding. There is no mystery to these goods: they are all part of the huge Mormon welfare system, perhaps the largest nonpublic venture of its kind...
...beef ranch in the world is not the King Ranch in Texas. It is the Deseret Cattle & Citrus Ranch outside Orlando, Fla. It covers 312,000 acres; its value as real estate alone is estimated at $858 million. It is owned entirely by the Mormons. The largest producer of nuts in America, AgReserves, Inc., in Salt Lake City, is Mormon-owned. So are the Bonneville International Corp., the country's 14th largest radio chain, and the Beneficial Life Insurance Co., with assets of $1.6 billion. There are richer churches than the one based in Salt Lake City: Roman Catholic holdings...
...TIME estimates to be at least $6 billion strong. Even more unusual, most of this money is not in bonds or stock in other peoples' companies but is invested directly in church-owned, for-profit concerns, the largest of which are in agribusiness, media, insurance, travel and real estate. Deseret Management Corp., the company through which the church holds almost all its commercial assets, is one of the largest owners of farm- and ranchland in the country, including 49 for-profit parcels in addition to the Deseret Ranch. Besides the Bonneville International chain and Beneficial Life, the church owns...
...mistrust now." Which is why, now that the Army wants to destroy the state's 13,000 tons of deadly poisons, many residents are in no mood to comply. Since last August, the Pentagon has been conducting test burns of the weapons stored at Tooele County's Deseret Chemical Depot, just 35 miles southwest of greater Salt Lake City's 1.3 million residents. For the Pentagon, there is a sense of urgency about getting rid of these chemical-laden rockets and bombs, which are crammed into 208 earth-covered igloos. For one thing, the Chemical Weapons Convention ratified...
...great, gray Washington buildings are people and families and the small cultures of communities that have gone on for four or five generations. It is particularly poignant with the family ranchers, not the King Ranch of almost 1 million oil- rich Texas acres or the Mormon church's Deseret Ranch in Florida, which runs 34,000 head of cattle. The big combines will survive. But the little guys are in jeopardy, a thin denim line of about 250,000 from the Canadian border to the Gulf of Mexico, leasing in varying amounts about 280 million acres of mountain and high...