In the Utah Territory in 1879, Zion's Central Board of Trade was established by John Taylor, the newly sustained President of the LDS Church, not long after the death of his predecessor Brigham Young.
Young had attempted and failed to successfully institute the United Order a second time among the members of the church.
President Taylor had seen the success of the Cache Valley Board of Trade and saw it as vehicle to prepare the people for voluntary economic unity.
[2] Utah historian, Edward Tullidge, reported that the movement promised to overcome the perennial conflict between Capital and Labor through the creation of industrial cooperatives.
[3] This perspective was echoed by the editor of the Deseret News at the time, "Here is the grandest opportunity for the building up of a self-sustaining, industrial and powerful system of cooperative effort ever offered in the history of the world.... What is needed?