The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1932-02-05
WALL ST. AGENTS
DIRECT FINANCE
CORP. OF HOOVER
TWO BILLION CORPORATION
WAS ORGANIZED TO SAVE
BANKERS DIVIDENDS

The membership of the board of |
directors of the Reconstruction FL
nance Corporation gives just one
more indication of what the work
ers and farmers of the United
States can expect from this body
organized by the Hoover Hunger
government for the purpose of
aiding the railroads, the bankers,
and the rest of the exploiters to
save their profits.
The president of the corporation
is Charles G. Dawes, of the Dawes
banking gang of LaSalle Street,
Chicago, and more recently repre-
sentative of Wall Street to the
British capital as ambassador to
the Court of St. James. Next
comes Andy Mellon, Millionaire
secretary of the Hoover Treasury
who has had plenty of experience
handing his capitalist friends and
himself refunds" on taxes. Eu-
gene Mayer, Governor of Wall
Streets Federal Reserve Board
and Paul Bestor, Federal Farm
Loan Commissioner who has been
foremost in refusing the destitute
farmers wro are unable TO pay
their loans to the Federal LanC
Banks any relief, are also includI
ed.
On January 25 Hunger Hoover
: named two more members. Th'
: records of these two individuals a
given in the capitalist press, whicl
: have made them fit agents TO-
Wall Street in the Finance Corp
e are such that it is fitting to re
print them in full:
= Harvey @. Couch is president Z
y the Arkarans Power and Ligt
" Company; organizer and presidea
= of the mississippi Power o .Lig1
- Company, thu Louisiana Pow'
and light Company, and preside1
a. OF the Louisiana and Arkanss
Railway. MIR. Couch also IN chat
)" man of the board OF the Louisial
IN Gas ana Fuel Corporation; q dire
tor Of the Chase National Bank
l. New York, the Electric Power al
"a Light Company OF New York. Il
Bankers Trust Company Of Lift
Rock, Ark, the simmons Nation
Bank OF Pine Bluff. the Arkausi
- National Bank of Hot Spring
Ark, and the seaboard Airlt
Railway.
"During.. tho. world. war. n
Couch was Federal Fual Admin
TRAITOR for Arkansas. He was ]
rector Of the Arkansas State Flo
Commission and chairman of {
American Red Cross in 1927.
Is q trustee of the Arkansas Sts
Normal School for Teachers, Cou
ci1or of the Chamber Of Co
merce Of the United States and
former president of tina p
Bluff Chamber Of Commerce.
CAREER OF MIR. JONES
"Jesse II. Jones, financier a
builder, is publisher and owner
the Houston Chronicle. He was
rector general of military relief
the American Red Cross at Wa,
ington in 1917 and was appoin'
by President Wilson to be mem
of the Red Cross War Council
1918. He was born in Roberts
County, Tenn, on April 5, 1874.
"Mr. Jones is president of
rod Bankers Mortgage Co.. of Houst
He also is president of the Natl
al Bank of Commerce, South
Loan and Investment Compa
. and Houston Properties Corpc
ton. Various other financial
building concerns have baen org
lied by him. AS "a delegate Y
Henry p. Dawson, Mr.. Jones
tended Red Cross meetings at 7
~w Is, Cannes and Geneva. He ass
W ed in organizing the League
Red Cross Societies OF the Wor
In addition to his other fu
tions, Couch is therefore, a din
IA tor of the Chase National Ba
the worlds largest bank. Both
and Jones are and have been
rds mong the leading lights in
and functioning of the Red CT
: e whose benefits the workers
farmers of the United States h
:, SO bitterly tasted.
N' The workers and toiling ia
1or ers can expect from the Rec
opo- struction Finance Corporation
Use what its board of directors We
and indicate-the same misery and
we preston that these directors h
OF inflicted on the toiling masse:
'ne Continued on Page Two)