George A. Smith recollects being told by Joseph Cole that Joseph should not have any involvement over temporal matters, such as the Kirtland Bank.
George A. Smith, Sermon, November 13, 1864, repr. Mark Lyman Staker, Hearken O Ye People: The Historical Setting for Joseph Smith’s Ohio Revelations (Salt Lake City: Greg Kofford Books, 2009), 571–572
. . . I remember when I first came to Kirtland seeing an old elder Joseph Cole I was quite young and he commenced teaching me that Joseph was to have nothing to do with temporal things and began to express his fears Joseph was about to lose the light of the Lord because his heart was set on temporal things but as to himself Joseph Cole he was well qualified to attend too all the moneyed matters and what made me tremble for Joseph that on certain occasions he had received a considerable sum of money and had played with the pieces like a child and after he had set his heart [on?] it Joseph remained faithful to the end and sealed his testimony with his blood Joseph Cole was filled with covetousness with the love of money desire of gain and he apostatized when I first came into Kirtland and heard him make these remarks I was led to watch him and note his progress and the instances of his life I have sometimes taken a liberty to inherit a regular heard [space] [taken scrape?] on one occasion Brother Cole told me give some beans [space] had a choice variety I took a pouch in my pocket Elder Cole said what are you going to pay for them suppose you go and work to help me to plant and play for them [space] I stayed until noon urged me to stay until night so I continued my work with him until sun down him a good day’s work he then went into his little barn takes out a measure and saw nothing to put the beans in we took out my little sack says he work is 50 cents a day beans worth 4 dollars a bushel so he measured out my beans when I got home not half of that fit to grow [space] that was the man that for years would seek to impress upon the minds of brethren the idea that Joseph the prophet was covetous and not qualified to attend to temporal things . . .