The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-11-07
SLUSH FUND LEVY ON
TWIN CITY BANKERS
American Committee Organized
to Fight Farmers, Labor,
and Soldiers
$500 PER EMPLOYER
Local Organization to Defend Prof.
iteers Part of General Wall Street
Drive on Progress-Minneaposis
Alone Raises Over 5000, 900.

Drive on Progress-Minneapol
Alone Raises over $500, 600.
ST. Paul. Minn.-NeW tactics or
the American committee, whose
headquarters are in Minneapolis,
have come to light in tho last
week.
In addition to raising siush
fund of 100000 to fight the Non
partisan league, organized labor
and the World War Veterans the
special interests who masquerade
under this patriotic title have
formed a new bogus organization
known as the "LoyaT American
club" and they are Ievying what
amounts to forced contributions
from bankers in the Twin Cities.
The American committee itself is
simply a branch of large Wall
street movement to use the public
schools, universities, churches and
every other available organization
to support standpatism and reac-
tionary politics.
A Bogus Organization.
Over 1900 Minneapolis workmen are
said by the announcements to belong
to the Loyal American club, but care
full canvass reveals that only two union
men have joined it. The fraud is re-
vealed clearly in a circular sent out
to the members which reads:
"To back our speakers, we urge. up
On you the necessity to come and also
induce your employees and friends to-
turn out to the support Of these men,
Minneapolis Workmen to the number
of 1000 hardly have employees" which,
they can bring out to cheer reaction
airy soap-boxers in the public squares.
The Letter to Bankers.
The following letter bearing the
name of J. S. Pomeroy, manager OF the
Clearing House association and one of
the insiders on the American COM
mittee, shows a quota levied on each
bank in the same manner as Liberty
bonds were apportioned and with a.
good deal more force:
July IA, 1919.
Minneapolis Clearing House Asso>
citation,
Minneapolis, Mimi.
Gentlemen: The American, COM
mittee of Minneapolis, of which Mr.:
a fund Of something over 100000 for
the purpose of carrying on a sys-
tematic and intelligent campaign
| against the spread of socialism in this
city.
"The subscriptions to- this fund have
been secured through the efforts of
| the finance committee, composed CT
Mr. Joseph Chapman, Mr.. F. A. Cham
berlain, Mr.. A. F, Pillsbury and Mr..
John Crosby, and the Clearing House
has pledged $4,000 towards this, fund.
Each Bank Has Quota.
| "The members of the Clearing
House will be responsible for the
amount, though the, Clearing House
committee is of the opinion that all
banks in this citAwhich are not mem
bers of the ASSOCIATION will be willing
to contribute to this cause on a pre-
|
sets.
Il have been asked, therefore, to
bring the matter to your attention and
the amount apportioned to your bank
is. IL you believe in the work
which the committee is endeavoring
to accomplish, will you please sign
the enclosed pledge and the committee
will call for the funds at intervals
during the year, as they are needed
The expenditure of this fund will BIZ
under the close supervision of the ex
ecutive committee
Yours very truly,
q. s. POMEROY. Manager"
Service Men Attacked.
Here is the diplomatic language il
which banks are generally given or
ders from those higher up, and bank
ers have to regard them levy fol
taxes. 1t is also reported on reliable
information that the larger employer
are likewise pledged for $4,000 each.
The World War Veterans associa
ton is opposed by the American com
mittee because it is made up of serv
ice men cooperating with organize,
labor and anxious to secure bette
conditions Of livelihood.
Beware of the World War Vetel
| ans" said one of their committe,
| speakers at an Onen air meeting
They are trying to get you a bonu
of $500 to $500, but they won't &c
you anything. The American Legio
is the real organization. We don
ask anything from the government.