Render unto Smith. (Church of Jesus Christ of Latter Day Saints controls large economic empire; Joseph Smith) (American Survey) The Economist (US) | July 13, 1991 | COPYRIGHT 1991 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

THE business of religion is good business for the Church of Jesus Christ of Latterday Saints, better known as the Mormons. The Utah-based church-one of the fastest growing sects in the world-has built a diversified corporation that controls 100 companies in insurance, publishing, broadcasting, advertising, satellite communications, property, hotels, agriculture and tourism, as well as a portfolio of stocks and bonds.

The Arizona Republic has published a comprehensive account of the church's empire. Were it a company, the Mormon church would rank about 110th on the ...

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