In 1868, Brigham Young signed a grading contract with the Union Pacific Railroad to work on the transcontinental line in Utah. He sublet the job to other contractors who completed the work in February 1869. When the project was finished, there was still a great deal of money owed to Brigham Young by the Union Pacific and because of their financial difficulties, they were not able to meet the obligation immediately. To resolved the debt, Young sent Bishop John Sharp and Joseph A. Young to Boston in an effort to effect a settlement with the company. They obtain a partial settlement in August 1869, and the following year John Sharp completed a final settlement with the railroad.
Although the negotiations between Young's representatives and the railroad resulted in a compromise settlement, it was equitable and satisfactory to both parties.
College and Department
Family, Home, and Social Sciences; History
BYU ScholarsArchive Citation
Stevens, Thomas M., "The Union Pacific Railroad and the Mormon Church, 1868-1871: An in Depth Study of the Financial Aspects of Brigham Young's Grading Contract and its Ultimate Settlement" (1972). All Theses and Dissertations. 5139.
Brigham Young, 1836-1903, Union Pacific Railroad Company, History, Railroads, Finance, Mormon Church, Business enterprises