The daily worker., 1935-02-05
Committee for the Nation Leader in i. S. Fascist Mo

tof monetary reform with great
clarity Of vision, and ever since has
devoted all of his remarkable
energy to this cause said Harding.
What he didn't add is that Rumley
was shown to be a secret agent Of
the Kaisers government during the
wartime Evening Mail scandal, and
has been exposed recently as a Nazi
contact And that Germany bene-
fitted enormously by the monetary
reform" advocated by Rumley and
carried through by the Committee
for the Nation, and the Roosevelt
government because it reduced
Nszi Germany's short-ter-. deb in
terms of dollars.
Fear Mass Struggles
The enlargement of the Commit
tee for the Nation for its first big
propaganda push in 1888, however,
was based upon general class in
terests of the capitalists Of agri-
culture and industry. This group
Of men, throughout their secret
conference, were talking about "the
problem" created by such specific
developments as the farm strikes
of the West, restlessness of the
unemployed, and their own univer-
sal fear Of Banking chaos" OF the
specific manifestations Of mass
struggle they spoke repeatedly,
making it obvious that it was these
as much as, if not more than, the
then still shrinking size of their
profits, that they considered "the
problem"
On January 1, 1898, Andersen
Of the Dairymen's League met DR..
Virgil Jordan Of the NIRB. at a
Sehraft's restaurant and said across
the luncheon table: Jordan, don't
you think that the financial dis
trict has changed its whole atti-
tude toward the depression and
that it now feels it will have to
take some radical steps to convince
the country that it is going to do
something about it?"
JordWan replied there was mo
question about it."
The N. I. C. B. about this time
called a meeting in New York, at
tended by the so-called "agricsl-
ture" leaders Harry Hartke, pres
ident of the National Cooperative
Milk Producers Federation; Simp-
son, Of the Farmers Union; Bla-
lock: Fred H. Sexauer, president of
the Dairymen's League, now one of
the Directing Committee of the
Committee for the Nation, and
others.
Fear Farm Unrest
These agriculture" leaders them
selves had been privately talking
about the problems of farm unrest.
They feared "uprisings against fore
closures" as they said in their pri-
vate meetings.
Also present in the NI.C.B. meet
ing with these were Sheppard Nor
gan Of Chase National Bank and
an executive of the DUPONT nuni-
tions dynasty, who later originated
the American Liberty league.
Rand, Runley and Anderson sep
arately talked over the question Of
currency reform" on Jan. n. 1t
was then Rand told of the offer Of
100000, He said too that Van
derlip Wood and others were pre-
pairing to devote all their time to
this problem, and that there would
be mo difficulty" with an adver-
tising or publicity campaign. They
could, said Rand. "sell" the country
the plan for currency reform"
through the newspapers, and if
there we're any gold boarding be-
forehand,. they could stop this too
by carefully planned advertising"
It was in the light of all these
things, especially the unrest and
struggles resulting from the con-
tinuslly tobogganing wages and in
creasing. unemployment, that this
group-Vsnderlip, Bendix, Rand,
Rumley, Hsrtke, Simpson, sexauer
and Anderson-agreed, on Jan. rs,
1888. that: ID prices and debts
would have to be adjusted" and ~
currency reform" was the only
thing that could accomplish this.
Rand later gave Anderson copy
of a plan for placing a virtual en-
barge on gold in connection with
this program. Anderson filed it un-
der the heading, Initiation"
Police Arrangements
1t was at the Jan. 26 meeting that
Bendix emphasized the ridiculous
Spectacle" of the capitalist crisis
cruel exposure Of the main contra
dictions of capitalism. A few days
later some of the same group got
together in vanderlip's Fifth Avenue
hotel apartment. 1t was then
that Pope spoke of "Bolshevism."
He added that the situation was
desperate" in some cities, that
definite steps" were being taken to
protect" large centers of population
protect property, that is with
special police arrangements. He said
Mayor Cermak of Chicago had said
it wouldn't take much for the whole
Chicago situation to get out of
hand" Anderson told of seeing the
then new United States Senator
Duffy of Wisconsin, and of Duffy's
saying that "the country" had just
about six months to make up its
mind to "do something" or take its
chances"
They did "do something" of
course. They put over the initiation
ary Roosevelt monetary program =
another wage cut, but disguised
This in addition to all the Roosevelt
! government did for them through
the NR.A., the A.A.A. and other
New Deal" measures.
How acutely aware many of these
men were of the upper class nature
/ of all this, and of it's drive toward
! FasciSr1l. was indicated in another