The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1919-01-31
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Washington, Jan. 28-The uses to
which lump sums placed in the hands
of the President for "the national Sc
curity and defense" in times of emer-
gency may be put, arc varied and
devious. During the campaign of
Henry Ford for the senate he was
handed a contract for liz eagle boats
at a minimum estimated cost Of
$275,000 each, since revised to $425 900
all to be paid from the $lO0,000,000
emergency fund in the custody Of
Mr. Wilson.
1t now appears that $5,000,000 more
of that sum has been invested in stock
of the "War Trade Board of the Uni
ted States Russian Bureau Onc)", in
corporated under the laws of the state
of Connecticut, The purposes of this
concern, as outlined in the articles of
incorporation, read like the imaginings
of Mark Twains Mulberry Sellers. 81
have read the wonderful dream of
Cecil Rhodes" says prominent mem
Der of the house. Il have read with
interest and enthusiasm the charter of
the Hudson Bay Company, but I'M
dertake to say here and now that the
dream of Cecil Rhodes or the charter
of the Hudson Bay Company are not
to be compared with this wonderful |
document setting forth the aims and |
purposes of the War Trade Board of |
the United States Russian Bureau
1nc)"
The stock is divided into $4,000
shares, all but 10 of which are owned
by Mr.. Vance c. Mccormick, chair
man of the War Trade Board. For
the ostensible purpose of relieving
conditions in Russia Mr. Mccormick
is authorized
ITO engage in the business of buy
ing, selling, importing, and exporting
goods, wares and merchandise of
every description.
ITO engage in any and all kinds of
manufacturing.
To search for, prospect, explore.
purchase, lease, or otherwise acquire.
own, develop, work, operate, sell
lease, mortgage, or otherwise, dispose
of any and all agricultural grazing
timber, or other lands, mineral de-
posts, mines, mining properties. col
lleries and quarries, and the products
and by-products thereof, all in any
part Of the world.
TO cultivate, cut, mine, crush,
smelt, concentrate, etc.
To build construct, complete
equip, purchase hotels, apartment
houses, boarding and lodging houses.
restaurants, stores, shops and places
OF public entertainment or amusement,
To do same with railways, tele-
phone and telegraph systems. gas and
electric light and power works, water
powers, dams, canals, irrigation sys-
TENS, and to furnish and sell water
and water power"
10 do the same with wharves. piers |
steamships, sailing vessels, etc.
10 receive on deposit jewelry, rla.e
money, stocks, bonds, securities, and
other valuable personal property.
10 make loans and advances. to
guarantee contracts and obligations oil
other companies; to acquire stocks
ana bonds IN any concern, with the
voting, and other privileges that 90
with them.
TO carry on the business OF bank
ng in all its branches.
That the duration of said CORPORA
ion is unlimited"
Can you beat it! Here is a CORPORA
ION set up entirely without the sane
ION OF congress, embracing within It's
bowers all the powers possessed bv
III the other corporations on the face
't the earth. Mr.. Mccormick. the
nan who helped elect Wilson. Is
'iven outright 100000 by his ar
'reciative chief from his emergency
und' to do with precisely as he
leases. 1t is said that it is all to
,,elp Russia, but the only mention of
nat country is in the name of the /
orporation.
Well. Ford and Mccormick are
AIKEN care Of Let us see who will he
ne next emergency beneficiary.
Departmental Decentralization.
The Republican Publicity associa-