Tuesday, August 4, 2015

Kirtland’s Inflation

Image result for inflation
Most of us have lived long enough to understand what a good economy can do to land values, simply put, they rise? Prior to the Saints arriving in large numbers in the Kirtland area, one could expect to pay $50 for a lot. After the Saints started pouring in, what did a lot top out at?
a.                  $100
b.                  $2000
c.                   $200
d.                  $1000
Yesterday’s answer:
(D)   Franklin
In 1860, Franklin, situated about one and one-half miles north of the boundary line between Idaho and Utah, was settled by Latter-day Saints and led by Franklin D. Richards. This was the first permanent Anglo-Saxon settlement in the state of Idaho (Fort Lemhi on the Salmon River was settled in June of 1855 but was abandon three years later.).

Andrew Jenson, Encyclopedic History of The Church of Jesus Christ of Latter-day Saints, 353.

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