Elko independent. [volume] (Elko, Nev.) 1915-current, 1916-02-02
1RE AAM -lEA6UE
yMMAsKED
Extracts From Speech Of g. N. Taven.
nsr of Illinois. In the House of
Representatives. Wednesday.
December IS. 1915.

believe in giving credit TO whom
credit is due. For instance, the gentle
men back of the Navy League, in my
opinion, deserve full credit for the
sentiment that has been aroused in
the large manufacturing centers and
other parts OF the United States for
the proposed s5o0O00.O0o bond issue
for battleships that the Navy League
has been advocating. l am in favor
of giving the Navy League full credit
and also full responsibility.
On November 10 1 made the state
ment, publicly, that intended to in
troduce in Congress a resolution to
investigate the Navy League and to
require J. p. Morgan, one OF the direc-
tors Of the League. to take the respon-
sibility of, testifying under oath as to
whether he is interested in war traf-
| Ticking firms.
In letter sent to members of Con-
gress, dated january 13, 1914, A. H.
Dadum, secretary of the Navy League,
said:
Certain congressman have insinu-
ated that the League is supported by
people who are interested in the sale
of war materials to the navy. They
are entirely mistaken"
Mr.. Dadum, in letter published in
the January, 1916. issue Of Pearson's
Magazine, reiterates that the men
back Of the Navy League ARE men
who will not profit by the results of
the leagues propaganda"
What is this Navy League? Who
founded 1t. and who are its directors?
I hold in my hand the bound Navy
League Journal for 1904. In the open
ing number is the statement that this
is 1.-THE official organ of the Navy
League OF the United States"
turn now to page 80 of the issue
of February, 1904, where / find list
of 10 men who are named as the
founders" of the Navy League. Now,
then, let us see who they are.
i note in the list of founders the
name of the Midvale Steel Co. The
United State Government since 1903
has bought from the Midvale Steel Co.
1880 tons of armor, and we have paid
for it an average of s42O ton, or in
all S20,375,858 for the single item Of
armor plate alone, not to say anything
about other millions of dollars worth
Of contracts that have been given to
the Midvale Steel Co. for other things
used by the army and navy; and II
the Navy Leagues proposed $500, 0OO.-
900 bond issue goes through, Midvale
will stand to draw down some more
millions.
LIE us see If there are any more war
traffickers here. Is Charles NJ.
Schwab, whom I see listed as one Of
the founders, a war trafficker? Well,
he is president OF the Bethlehem Steel
Corporation, and we have bought from
Bethlehem 95,007 tons of armor at an
average rate Of S445 a ton, and have
paid Bethlehem for armor plate alone
$42.344.937. That is the second men,
Der OF the armor ring.
Now, there Is another member Of
the armor ring, and that Is the Car.
negie Steel Co. Let us see If we find
them also among the founders OF the
Navy League. Yes, / see here the
name of j. P. Morgan. The late j. p.
Morgan was the organizer and direc-
tor Of the United States Steel Corpora
ton, which controls, according to
Moody's Manual, the Carnegie Steel
Co. We have bought from the Car
negie Steel Co. 1898 tons Of armor
plate, paying an average of SAP a
ton, or total of $39,7S3, 497 for the
single item Of armor plate; and II the
Navy Leagues proposed $500, 900, 900
bond issue for battleships goes
through they will receive still larger
contracts. So that you see the three
firms which have a monopoly of the
manufacture OF aIIIvr in this country
are all founders of the Navy League;
they are all represented as the found
ers of the Navy League, and we have
bought from them 233,339 tons OF
armor plate, paying for 1t an average
of s439 a ton, or a total Of s102,504,
292.
Remember that figure, $439! There
have been 10 official estimates by
government officials as to the cost Of
armor plate in government factory
and the average Of those estimates Il
1851 a ton; and had we manufactured
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