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SOUTH BEND PUBLIC LIBRARY, 304 S.MAIN ST., CITY. Slf •PLEASE DO NOT BMPTH* NEWSPAPER X-ONGBETHiW TH1BTY MINUTES. OTHERS ARE WATTING^TO READ IT. ROCKEFELLER MONOPOLY PROBE KILLED - OTHER MONOPOLISTS INDICTED Difference Who Sins mnoR FRIDAY, AUGUST 28th, 1942 ELIEVE IT Or ELSE MEAT O' THE COCONUT I -:- BY SILAS WITHERSPOON I SAM PETTENGILL AND ABE LINCOLN TEAMED TO MAKE REPUBLICAN PARTY JEFFERSONIAN AND SAYE DEMOCRACY G.O.R Finance Chairman Sam Pettengill, addressing a conference of Republican leaders at Indianapolis recently, let a great, big black cat out of the bag. He has quit the Democratic party and joined the Republicans because of his political kinship with Abraham Lincoln. Lincoln was a real JefFersonian democrat, said so, and dedicated the Republican party, as he led it, to Jeffersoni-sin, according to Sam. Sam and Abe are the two real Jeffersonians since Jefferson; that is, of course, except all the other Republicans. Sam hasn't surrendered any of his JefFersonian principles by taking his job with the G. O. P. He has just gone over to the Republican party, founded by Lincoln, where he finds harmony with his principles. The Democratic party by going New Deal quit itself and left the Republican party in the Democratic saddle. To be a Democrat now, you must be a Republican, — and, of course, to be a Republican you must be a Democrat, by the same token. I guess so. Witness Willkie and Pettengill. Of course, the Republican party has( clung all the years, like grim death to the Jefferson- ism of Lincoln. Albert J. Beveridge's damnation of Jefferson in his life of John Marshall proves that, quoting not only Marshall, but James G. Blaine, Roscoe Conkling, Benjamin Harrison, Chauncey Depew, William McKinley, Theodore Roosevelt — and he might have added Boise Penrose, "Gas" Ad- dicks, "Jimmy" McMillan, Tom Piatt and Matthew Stanley Quay. Jefferson has been a hoodlum with the Republicans ever since Lincoln passed out, and with the Whigs and Federalists before him— a natural inheritance from those G. O. P. forebears. Sam simply can't stand the,Democratic party's desertion of Jefferson principles for the New Deal, in which attitude there is some merit, but instead of sticking to the grid, and trying to wean it hack, he can forgive seventy years of Repubican apostacy, or rather protracted enmity, still violently extant, and call the whole thing blessed all the way back to "Honest, Abe." And thereupon he joins up. Such minds have queer quirks. Jefferson is f{On Page Two) Patent Cartels versus Identic Bids IT' SEEMINGLY makes a lot of difference whose ox is being gored. Out of Washington comes the glad tidings that nine firms have been indicted by a federal, grand jury in New Jersey for defrauding the navy department with identical bids; Mr. Francis Biddle, attorney general, boastful. It follows closely on the heels of announcement by the Senate Patents Committee, that it is shelving ^he investigation of the patents monopoly probe, Mr. Francis Biddle, attorney general, interceding to that end. |K The patents monopoly involved John D. Rockefeller, Jr.'s Standard Oil and Sterling Product companies,—in conspiracy with German big business affecting pharmaceutical supplies and synthetic rubber, primarily tying them Did Chicago Grand Jury Say No Bill7 to Avoid Tribune's Wrath POSSIBLY there was no criminal intent in the Chicago Tribune's June 7th yarn recently investigated by a federal grand jury over there with a no indictment consequence. Maybe there was no malice aforethought, express, though implied, in spilling1 a bag of beans inimical to the war effort; that it was just an, ebulition of an ambitious reporter on a dull day to dish up a "scoop." Being something of a wiseacre, and craving authority for his wisdom, he claimed it as of the "naval intelligence service," On Pago Three) up against any war use whatsoever. The nine firms indicted are suspected of connivance to defraud the navy department in the sale of $50,000,000 worth of insulated cable. Here is more fraud exposed, whitewashed or to be punished than came to light during the whole of World War I, and the prophets have it that there is more to follow. The nine firms indicted are the Rockbestos Products cor- (On Page Four) "INVISIBLE GREENBACKS" AND OUR "INFLATION" BOGEY INFLATION is just now the big bogey boosting for the war effort; to justify price-ceilings, and higher taxes, and inspire bond buying. When people cannot be induced to accept the price-pegging, welcome high taxes, and indulge the bond-buying on the purely patriotic grounds of war-aid, inflation is flashed at them for a scare, and the fear of it is expected to turn the trick. There is danger of inflation; indeed, it is a necessity, made so by the bunglingprocesses of the Washington econosists (Harvard or its equivalent). Thanks for the artificiality, stilts as it were, upon which the war effort is being forced to operate. When the President put the lid on "business as usual," an economic process of exchanging value for value, and for the most part value with reproductive forces, he yanked right from under our economic system'the basis upon which the war might have been majorly* financed. "fP President Woodrow Wilson urged "business as usual," fjk during World War I, and then sought to take the from it to meet the war needs. We had some inflation, socalled, then, but it ran rather to profiteering and racketeering, than money issues and flotations of currency. Now what? "Business as usual" is reduced to a minimum,—if not below it. Dun and Bradstreet report 25,000 firms u bankruptcy be- ft in cause the substitution of "all out for war" put them there; they couldn't get in on the war. Thousands of others are headed in the same direction. They willl have no taxes to pay, and they can't buy bonds with nothing; neither are they furnishing employment to others to enable them (On Page Six) ASHINGTON e co no mists have imposed a situation under which every dime paid out for war or war production must be immediately paid back for war bonds or in taxes to avoid inflation of currency to make up difference. Nothing out to live on.
Object Description
Title | South Bend Mirror, August 28, 1942 |
Volume, Issue Number | Vol. 38, No. 35 |
Subject |
South Bend (Ind.)--Newspapers World War, 1939-1945 |
Original Date | 1942-08-28 |
Time Period | 1940s (1940-1949) |
Digital Date | 2016-08-10 |
Digital Reproduction Specifications | Full View: 400 dpi jp2; Archived: 400 dpi tiff |
Type | Text |
Genre | Newspapers |
Language | en |
Identifier | Mirror_19420828_38_35 |
Repository Collection | Local & Family History Services Archival Collection |
Physical Repository | St. Joseph County Public Library |
Additional Usage Terms | Materials in Michiana Memory are in the public domain. This image is posted publicly for non-profit educational uses, excluding printed publication. To purchase copies of images and/or for copyright information, contact local.history@sjcpl.org. |
Provenance | St. Joseph County Public Library (South Bend, IN) |
Rating |
Description
Title | Front page |
Identifier | Mirror_19420828_38_35_001 |
Additional Usage Terms | Materials in Michiana Memory are in the public domain. This image is posted publicly for non-profit educational uses, excluding printed publication. To purchase copies of images and/or for copyright information, contact local.history@sjcpl.org. |
Transcription | SOUTH BEND PUBLIC LIBRARY, 304 S.MAIN ST., CITY. Slf •PLEASE DO NOT BMPTH* NEWSPAPER X-ONGBETHiW TH1BTY MINUTES. OTHERS ARE WATTING^TO READ IT. ROCKEFELLER MONOPOLY PROBE KILLED - OTHER MONOPOLISTS INDICTED Difference Who Sins mnoR FRIDAY, AUGUST 28th, 1942 ELIEVE IT Or ELSE MEAT O' THE COCONUT I -:- BY SILAS WITHERSPOON I SAM PETTENGILL AND ABE LINCOLN TEAMED TO MAKE REPUBLICAN PARTY JEFFERSONIAN AND SAYE DEMOCRACY G.O.R Finance Chairman Sam Pettengill, addressing a conference of Republican leaders at Indianapolis recently, let a great, big black cat out of the bag. He has quit the Democratic party and joined the Republicans because of his political kinship with Abraham Lincoln. Lincoln was a real JefFersonian democrat, said so, and dedicated the Republican party, as he led it, to Jeffersoni-sin, according to Sam. Sam and Abe are the two real Jeffersonians since Jefferson; that is, of course, except all the other Republicans. Sam hasn't surrendered any of his JefFersonian principles by taking his job with the G. O. P. He has just gone over to the Republican party, founded by Lincoln, where he finds harmony with his principles. The Democratic party by going New Deal quit itself and left the Republican party in the Democratic saddle. To be a Democrat now, you must be a Republican, — and, of course, to be a Republican you must be a Democrat, by the same token. I guess so. Witness Willkie and Pettengill. Of course, the Republican party has( clung all the years, like grim death to the Jefferson- ism of Lincoln. Albert J. Beveridge's damnation of Jefferson in his life of John Marshall proves that, quoting not only Marshall, but James G. Blaine, Roscoe Conkling, Benjamin Harrison, Chauncey Depew, William McKinley, Theodore Roosevelt — and he might have added Boise Penrose, "Gas" Ad- dicks, "Jimmy" McMillan, Tom Piatt and Matthew Stanley Quay. Jefferson has been a hoodlum with the Republicans ever since Lincoln passed out, and with the Whigs and Federalists before him— a natural inheritance from those G. O. P. forebears. Sam simply can't stand the,Democratic party's desertion of Jefferson principles for the New Deal, in which attitude there is some merit, but instead of sticking to the grid, and trying to wean it hack, he can forgive seventy years of Repubican apostacy, or rather protracted enmity, still violently extant, and call the whole thing blessed all the way back to "Honest, Abe." And thereupon he joins up. Such minds have queer quirks. Jefferson is f{On Page Two) Patent Cartels versus Identic Bids IT' SEEMINGLY makes a lot of difference whose ox is being gored. Out of Washington comes the glad tidings that nine firms have been indicted by a federal, grand jury in New Jersey for defrauding the navy department with identical bids; Mr. Francis Biddle, attorney general, boastful. It follows closely on the heels of announcement by the Senate Patents Committee, that it is shelving ^he investigation of the patents monopoly probe, Mr. Francis Biddle, attorney general, interceding to that end. |K The patents monopoly involved John D. Rockefeller, Jr.'s Standard Oil and Sterling Product companies,—in conspiracy with German big business affecting pharmaceutical supplies and synthetic rubber, primarily tying them Did Chicago Grand Jury Say No Bill7 to Avoid Tribune's Wrath POSSIBLY there was no criminal intent in the Chicago Tribune's June 7th yarn recently investigated by a federal grand jury over there with a no indictment consequence. Maybe there was no malice aforethought, express, though implied, in spilling1 a bag of beans inimical to the war effort; that it was just an, ebulition of an ambitious reporter on a dull day to dish up a "scoop." Being something of a wiseacre, and craving authority for his wisdom, he claimed it as of the "naval intelligence service," On Pago Three) up against any war use whatsoever. The nine firms indicted are suspected of connivance to defraud the navy department in the sale of $50,000,000 worth of insulated cable. Here is more fraud exposed, whitewashed or to be punished than came to light during the whole of World War I, and the prophets have it that there is more to follow. The nine firms indicted are the Rockbestos Products cor- (On Page Four) "INVISIBLE GREENBACKS" AND OUR "INFLATION" BOGEY INFLATION is just now the big bogey boosting for the war effort; to justify price-ceilings, and higher taxes, and inspire bond buying. When people cannot be induced to accept the price-pegging, welcome high taxes, and indulge the bond-buying on the purely patriotic grounds of war-aid, inflation is flashed at them for a scare, and the fear of it is expected to turn the trick. There is danger of inflation; indeed, it is a necessity, made so by the bunglingprocesses of the Washington econosists (Harvard or its equivalent). Thanks for the artificiality, stilts as it were, upon which the war effort is being forced to operate. When the President put the lid on "business as usual," an economic process of exchanging value for value, and for the most part value with reproductive forces, he yanked right from under our economic system'the basis upon which the war might have been majorly* financed. "fP President Woodrow Wilson urged "business as usual," fjk during World War I, and then sought to take the from it to meet the war needs. We had some inflation, socalled, then, but it ran rather to profiteering and racketeering, than money issues and flotations of currency. Now what? "Business as usual" is reduced to a minimum,—if not below it. Dun and Bradstreet report 25,000 firms u bankruptcy be- ft in cause the substitution of "all out for war" put them there; they couldn't get in on the war. Thousands of others are headed in the same direction. They willl have no taxes to pay, and they can't buy bonds with nothing; neither are they furnishing employment to others to enable them (On Page Six) ASHINGTON e co no mists have imposed a situation under which every dime paid out for war or war production must be immediately paid back for war bonds or in taxes to avoid inflation of currency to make up difference. Nothing out to live on. |
Provenance | St. Joseph County Public Library (South Bend, IN) |
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