The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-06-30
Gals CLUB OF
IMILLIONAIRES IS
PROFIT DULWARK
Power Has Been Taken
from the Senate
BY LAWRENCE TODD

NFederated PrcsS stan sCofreSpondent)
WAsHlNGToN,--(FP)--six out of
ten Of Calvin cooldge's cabinet are
millonalres, and an admlrer of the
administration has pointed out that
MIllionaires' Club have passed; that
title now is held by the group that
meets In the White House twice
week.
Even with the anticipated resign
alton of Secretary of War Weeks, who
got his million many years ago as a
bond broker and banker, the wealth
of this handful of rulers is so eoloss-
al as to leave no doubt Of the instinct
of the cabinet as a whole to guard
sharply the privileges of private
capital as against labor.
Mellon Leads the Procession
Secretary Of the Treasury Mellon,
whose fortune is estimated at any
where from $3OO,OOO,OOO to $6OO,0OO,r
600, has dominated the Harding and
Coolidge administrations in their
economic policy. Probably the only
men in the United States richer than
he are the Rockefellers and Henry
Ford.
The du Pont fortune is greater than
the Mellon fortune, but it is divided
amoung many heirs who quarrel bit
terly and hence is merely a corpora
ton. Mellon, dominant and scheming
by nature, could have become a SEN
ator, but he saw that the drift of fed
eral government power is all into the
hands of the president Since he
wanted to run the country, he became
boss of the cabinet.
Hoover seorns Little Business
Herbert Hoover, secretary of com
merce, is thought to have gathered
between $S,OOO,OOO and $4,000, 900 in
gold mining and other ventures in Au-
stralia, South Africa, Russia, China
and various other parts of the world
generally as director and engin-
eer and small partner in big British
enterprises.
His contempt of little business re-
sistance to the growth of big business
was well illustrated by his defense of
the Big Five Chicago meat packers
against the federal trade commits
sion's inquiry during the war.
Kellogg Ris Lawyer
/ Secretary Kellogg is the richest
man who has ever headed the state
department, just as be was the richest
lawyer-except possibly Knox-to sit
in the senate. He has accumulated
$5,00O,OOO, his friends say, while act
ing as counsel for railroad, steel, in
surance, banking and other corpora
tions.
lie was unexpectedly brought into
the cabinet, but has found the place
SO influential that he intends to stay.
His legal advice in the "scrapping" of
such branches of the government as
the tariff commission and the federal
trade commission, and in Gripping the
legislative power of the rebellious
senate, is very valuable to Coolidge.
Davis Is Mellon Tool
James J. Davis, head of the Moose
order, is reputed to have made more
than a million out of that scheme.
and to have added possibly another
million by means of his bank in Pitts
burg. He is one of the Mellon satel.
lites.
Inasmuch as Mellon is anti-union
and is a super-employer, Davis at the
mead OF the labor department of the
government can contribute a great
deal to the inactivity of the govern.
ment in handling the wrongs inflicted
upon unorganized as well as organ.
lied labor Appropriations for the
work of Davis department have been
steadily cut down, in places where
the work disturbed MELONS interests.
Finally there is Hubert Work. who
was hrst employed to undo the pro
union record made by viii HAYS as
postmaster general, and who later
was made head Of the interior denart.
ment. His millions were made as n
DOCTOR investor, proprietor of an asy.
lum or sanitarium, and general at.
tache OF the mining and smelling in.
terests in Colorado. He, too, might
nave gone TO the senate, but realized
mat power rests with the White
House, where the acts Of Congress
may be nullided by hostile interpre.
tation.
Wilbur New, Jardine and Sargent
are said to be still below the million.
dollar mark. However their loyalty
is beyond question.
Pollsh-oerman Treaty Unlikely.