The St. Charles herald., 1922-08-26
+, accent nv present statement Of the

the report of A. Mitchell Palmer, lieu
virh the President February ~, l'I"
and,by him forwarded TO the Con@fess.
and by that Congress made a puniIss
document and most widely conliueh'eo
on by the press OF the country.
PaIrer's Version of II
Mr.. Palmer stated in the course ..
the report referred TO by MIR Sar,an.
These patents. rs had already oe.a
inlica:cl formed Il colossal obs'ac4t ~
the DEVELOPMENT Of the American w.
stuff industry. Evidently they iliu H"
been taken out with any Nteh'i'n -
manufacturing In this country or l'ohA
any fear OF American Manulaetuto
upon consideration it seemed '',ae
these patents offered possible s'Hu
tion for the problem. hitherto Hhsols-
able, Of protecting the new Americas
dye Industry against German cohli'e.
ti0n after the war Ihe iu'a a"
ucc0rdiFGly conceived that II the VIZ.
man chemical patents could De p!t,tu
in the hands Of any American ihsii'u
ton strong enough to p:otect the'n
resi- obstacle might be onpoSed 10 ~
man Importation after the war, anu as
the same time the American lnhusl!S
might be freed from the proh.bl'ioH en'
forced by the patents against ths ',"n
ufacture Of the most vairaDie u!s
stufrs. Accordingly these consideralh'is
were laid before various associations ol
chemical manufacturers, >notap'S tne
Dive Institute and the American Manu-
featuring Chemists Association. IHe
suggestion was met with an insthh-
taDaous and enthusiastic apprnval. ana
rs result a corporation has been OF,
4 In q
Foundation Unc), In which p-actlcaiiy
every important manufacturer VIII De
a stakeholder, the purpose of when IS
to acquire by purchase these German
patents ana 10 hold them as trustee
for American industry. Ihe Hrst
president of the Chemical FonAdat'oh
will he Francis ?. Garvan OF the ne"
York bar, to whose clear vision ana IN
t;osat;cable Industry ] am chie1y III
deh.ed for the working ont of this plan.
The combination was not objection
able to public policy. siHce IT was 30
orgarlzed that any genuine Ameflcah'
whether stockholler OF the COM
: panr or not could secure the henei''s
Of the patents on fa!r and equal terms.
A Cuasi-pubIic Idea
Mr.. Garvan goes on to state tnat 81
that .ir,e he was a dollar Il year man.
with 10 eynectatinn whatever OF be
coming alien property custodian: ina.
If WAS onfy when Attorney
Gregory resigned and Palmer was ap-
nn;n.ed attorney general that Pala.ef
asked him to take the custodian
n!ace. Three months later, Ee "f;ses'
he testified before the Ways cnd Mems
Committee Of the house: The feuaGa-
ton Of the Chemlcal Foundation "aa
an effort to form An organization 10
represent as nearly az possible at that
fine tte public interests. Judge IN
graham Of New York and Judge Gray
Of Delaware had charge Of drawing
our charter and oUI lrnSf agreement
and cur certificate If Incorporation.
We have endeavored 10 make 1t hs
nearly public institution as orr lnws
allow. ond ut the same time 10 nave
It an Official organization. We wanted
tot sell these. patents TO the govern
ment. end Il there lad been any
method by which we conld make them
working force and still have them
Gyne1 and controlled by the. govern
ment. 1T would have relieved Us OF a
great deal OF, respo; sibil.ty, and II
there is at this time any suggestion Tor
modifinS Ion or amendment OF our pian
which VIII insure IN the minds OF the
ron,mittee ). more definite and certain
fulfllmen1 Of the intention and pur-
! poses Of our organization am certain
that the Chemical Foundation ard all
It's stockholders and all who are inter-
ested in it would be xlad to conform
TO the wishes of the committee, be
cause, in so far as we nave public rec
ignition and public support and goy-
ernment recognition and government
support, we become more efficient and
become more able to carry out the i;-
tentions which are In our hearts and
minds"
Mr.. Garran states that the total or
gross income of the Foundation has
averaged $143,21e.65 per year. The run
ming expenses, bare overhead, have
averaged $121, 1,071.35, a net excess OF
! SCI 1850 or .O49 per cent on the $42S..
/ COO invested, allowing nothing for de-
probation. The average life of the
patents ia eight years, so that I'm
per cent Of the s271 $50 cash paid fol
The patents. or $33.9S1 per year
shculd be subtracted from the appar
eat ret receipts per yenr, which leaves
an .acruai annual operation deficit OF
S12,735.TO. In educational work. MIR
Garvan informs the President, the
Foundation has spent $264,O17.S5, the
!, entire balance Of its capital.
Quotes English Prediction
Firmly maintaining that the Founda
ton is the keystone Of the wall raised
to protect the American people from
German chemical domination, Mr.. Gar
: van maintains such protection Is indis
: pensable to the future happiness. health
! and safety of the American people, ant
quotes from a recent open letter Il
:, parliament written by James Morton
!. largest carpet manufacturer Of Eng
= land, "Organic chemistry Is the key t,
!. the world Of new values and tina
America in FIVE years time will hav,
|, dye works and general chemical work.
: equal to Germany.
: AS regards the development OF or
: ganic chemistry for national defense
: Mr. Garvan calls to his aid test.mon,
!. by Marshal Foch and the late Fiel,
= Marshal SIR Henry Wilson to the gen
eral conclusion that nation thorough
! " equipped chemically may almos
guarantee the peace 81 the future. An,
!, as re~ards its importance IN the de
: velapmeat IF medicine he quotes Pro.
!. julius. Stie!itz Of tie University o
!. Chicago, world famous chemist:
:, "'Thn Ditiful calls OF our hosDitals 70