The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1927-01-07

Washington, Jan. 3.-That the
United States governments inva-
sion of Nicaragua was definitely
and directly inspired by Wall
Street barking houses who have
been using the Dfaz- regime as a
means of gaIiingscOntrOl of public
utilities in the republic, is to be re-
vealed by the senate.
Announcement has been made that
the senate committee on foreign re-
lations which has been investigating
the Nicaraguan situation since the
landing of American troops at Puer-
Ia Cabezas, has secured unimpeach-
able evidence revealing that the state
department was following the direc-
ton of the bankers, in ordering ma
rines to Nicaragua.
Several Banking Houses Named.
The banking houses of J. w. Seig-
man and company of New York and
/ Brown Brothers company of Balti-
more have already been named as di
rectly implicated in the situation, as
/ has the J. G. White company of New
York, a financing and engineering
corporation. Other banking houses,
including some of the biggest on
Wall Street, are expected to be nam
ed by the senate committee.
"The state department has been
playing hand-in-glove with the bank
ers in the Nicaraguan affair" was
one statement made in connection
with the exposure by the senators.
Financial relations of the American
bankers with the Diaz regime are be-
ing probed 1t is already known that
the bankers loaned Diaz 100000
receiving for the money control of
the Nicaraguan National Bank and
the national railroad, both legally
owned by the people, as well as huge
profits and commission fees.
Wall Street had planned to sink its
tentacles deeper into Nicaraguan pub
lie utilities, 1t is pointed out by the
Investigators, and saw in the liberia
government of Dr. Sacasa a threa
against their continuing robbing tn,
Nicaraguan people, With Diaz il
Y control they were able to maintain
! their control. 1t was for the pur
!
! pose of maintaining Diaz as a too
D of the bankers and to crush tn
E opposition of the liberals that tn
state department ordered U. S. gun
/ boats and soldiers to Nicaragua.
A subcommittee of the foreig
: relations committee, under Senate
= Shipstead minnesota, Farmer-Labor
y has been detailed to investigate. an
:. prepare this evidence for presenta
s ton before the. senate.
i, With the attack on the ADMINISTERS
; tons entire policy in .-1I.atin-Americ
4 that was precipitated by the Nical
,e aguan invasion already scheduled
lee break on the floor of the senate, tn
Y latest revelation forecasts the wori
le bombardment that any American al
N ministration has had to face, it is pr
Al dicted.
r Operations of the National Cit
e. Bank, the largest bank in the Unit
he States and the world, will come u
f. der the spotlight of the senate inve
"a LEGATION, it is predicted. 1t is know
he that negotiations were conducted b
of tween the Diaz government and tn
g institution shortly after Diaz W
at indicted into office. Reports had
I'M then that Diaz had offered to s
M control of the Nicaraguan finance
house to the American bankers.
ID, New Victories for Revolution.
10 Managua, Nicaragua, Jan. 81
at eral forces OF Df. SacaSaS SONei
he ment annihilated the Diaz armies
ms a battle at Telica on the west CO;
of Nicaragua and are now within
as miles of Managua, capital of
rar consecutive government"
4 Defeat of the Diaz troops at II