The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-12-21
Roosevelt Puts Munitions Man
On mduStriaIistS' Var Board:
Huge Macy Plans Are Pressed
Leaders in Wall Street
Picked by President
To Plan for Conflict


WASHINGTON, D. C., Dec. 20
Showing the rapidity with which
leading industrialists close to the
Roosevelt government are getting
ready for a military fascist distator-
ship to carry through imperialst
war plans, Irene dupont, member
of the dupont munitions monopoly,
today warned the Senate investigat-
ing committee that "the only way
to wage successful war is to hays
an absolute ruler"
you never hear of democracy
waging a successful war" DUPONT
declared.
This statement was considered Of
more than usual significance in
view of the fact that duPont's name
was revealed as being on Roosevelt's
specially appointed advisory board
Of industrialists to work with the
War Department mobilization o.
fees.
DuPont's statement came after it
was shown that the country's big
gest Wall Street indust-ialists are
now part Of the War Departments
machinery for militarizing the
whole life of the country on the day
war is declared.
War Council of Big Capitalists
The names of the men Roosevelt
has appointed to work with the War
Department were revealed by Col.
T. c. Harris, director of the war
mobilization plans.
These include Owen D. Young. Of
the General Electric Corporation,
Irene dupont, of the dupont NUM-
tons monopoly James Harbord, Of
the Radio Corporation Of America,
w. L. Mellon of Pittsburgh, a mem
Der of the Andrew Mellon family,
Seward Prosser, Of the Bankers
Trust, a Morgan house, Eugene
Grace, Of the Bethlehem Steel Cor
poration, w. w. Atterbury, of the
Pennsylvania Railroad. General
Charles E. Dawes, Hoover's vice.
president and banker, and T. J.
Hoover, brother of ex-presidens
Hoover.
Following the revelation of the
duPOnts on the War Department
mobilization apparatus, it was
shown yesterday that more than
S26S, 1923, 600 OF P.W.A. funds went
to the duPonts in government
purchases of gun powder, giving
them 30 per cent profit.
If war were declared tomorrow,
the Roosevelt governments war
machine could leap into instant &C
ton from scratch" with the mo-
bilization of a 100000 men army
and the instant militarization of the
whole life of the country, Colonel
T. C. Harris told the Senate muni-
lions committee yesterday.
Baruch Records Disappear
1t was also revealed that the
19l8-19 income records of Bernard
Baruch, Roosevelt's newly appointed
head of the war mobilization com
mission to take the profits out Of
war" have strangely disappeared
from the files of the Bureau of IN
ternal Revenue. These records are
usually burned, the Bureau ex-
planned.
1t is we'll known that Baruch. as
head of the War Industries Board
in 1917. made over $4,000, 900 in war
material speculations in Wall Street.
Baruch has "refuted" the aleqa>
tons of huge war profits by stating
that he placed his entire fortune
in Liberty Bonds" which paid As
per cent returns.
The Investigations Of the Senate
committee show that the Wall
Street monopolists are now in com
plete control Of the Roosevelt war
mobilization, which is the largest
on record. The direct tie-up Of the
Roosevelt government with the wall
Street monopclies for war prepara-
tons in defense of Wall Street in
vestments has ra.ely been so clearly
shown as in the present investiga-
tons, despite the reluctance of the
Senate committee TO uncover the
full situation.