Ep. 2. 18: Newspapers and Affairs of Money

This episode details Archbishop Kenrick’s remarkable financial leadership, including the creation and success of the Bishop’s Bank. Monsignor and Teresa recount how Father Ambrose Heim’s parish bank inspired a diocesan institution that supported parishes, religious orders, and even the city of St. Louis. They explore Kenrick’s careful debt management, the impact of the Thornton bequest, and the bank’s role in building Catholic infrastructure. The episode closes with Kenrick’s decision to liquidate the bank before traveling to Rome, marking the end of a transformative era in diocesan finance.