Omaha daily bee., 1919-12-15
.BORAH CHARGES
FINANCIERSW WANT
TREATY RATIFIED
Urges That Congress Investigate
Alleged Efforts of Morgan
Co. to Ratify Peace.

| Washington, Dec. l4.-Powerfu
financial interests are endeavorine
Tor selfish interests to put across
the German peace treaty through q
senate compromise, Senator Borah
republican, Idaho, charged in =
statement issued today.
Urging that congress investigate
alleged efforts of ]. P. Morgan &
Co. and other financial concerns tc
bring about the treaty's ratification
Senator Borah also asserted that
these interests, through ''the mos,
gigantic, propaganda" propose, il
possible, to prevent the American
people from considering the treaty
and the league of nations in the pres.
identlal elections next November.
The financial interests, Senator
Borah further charged, are at work
on scheme which he outlined as
having the following objects;
Scheme Laid to Financicrs.
"First-Through some compro-
mise or trade secure changes in the
reservations SO as to get enough
votes to put it through regardless OF
whether American interests are pro-
tected or not.
"Second-Having put it through
in this way, the same forces hope
through their great influence with
the leaders of both political parties
and their control over campaign sub
scriptions to keep it entirely out of
the campaign of 1920, so that the
people will never have chance to
pass upon the question"
I'm the language of one of the lead
ers," said Senator Borah's state
inent, "the thing to do is to fix up
the compromise, agree upon the
deal which will get the votes, then
bring the treaty into the senate with
the rule establishing cloture, cut off
debating and put it through. Then,
if they can further keep it out of
the platform and out of the cam
paign by reason of their promin-
ence in the party, they have accom-
plished their entire purpose,
Hopeful of Outlook.
men have been in Washington
during the week, working on this
plan and they feel rather hopeful
of the outlook. g.
"The people of this country who
wish to retain our political indie
pendence and to keep ourselves free
from the turmoils and conflicts of
the old world should not lose sight
of the fact that there has always
been back of this scheme most
vicious influence know that many
good people have sincerely advocat-
ed it, but there is an influence back
of it which has been the source of
the most gigantic propaganda that
this country has ever known that is
acting from different motives They
are perfectly willing to surrender
the policies of this country, the
policies which made us what we are,
ii they can make sure their present
investments and their proposed ex-
ploitations in Europe.
Some of these institutions, one
in particular, made millions out of
this war, a large part CT which is
represented by European securities.
They also have plans for future ex-
ploitations of Europe. Naturally,
therefore, they are interested in
having the United States under
write these securities and stand
back of these explorations, and to
have our boys police the unstable
governments whose securities they
hold. ]. P. Morgan & Co., for in
stance, have placed vast sums Of
Russ an bonds in this country. 9th
er securities occupy similar posi-
ton. The members of this firm have
exerted a very powerful influence
from the very beginning to have this
league adopted.
Wants Full Investigation.
II am in favor, when congress re-
turns after the holidays, of starting
a thorough investigation and laying
bare the entire profits of these con-
Germs which are now spending vast
sums of money to put this thing
across. Find out what sacrifice they
have placed and where they are now.
1t will be recalled that long before
the United States or the people of
this country were permitted to have
a copy of the treaty, the firms of
Morgan & Co. had it and were
studying it, as one Of the firm said,
for the purpose of finding out what |
effect it would have upon their inan-
cial schemes. At the present time
vast sums of money are being ex-
pended i'll propaganda. Every kind
Of lobbying known to Washington,
IS being exerted and utilized to ac-
as l say, two things-hrst |
10 put the treaty through as the re-
suit of any kind of barter, any kind
IF trade that is necessary; secondly,
exert every possible influence to
Keep it away from the people in
1920"