Henry Ford

“ Baruch, and appoint them as committeemen under you, and you did so. Surely, if they were representing anybody it was the government, was it not?” Mr. Baruch—“I do not think so.” Mr. Graham—“Am I right in assuming that you thought they represented the industries?” Mr. Baruch—“Yes.” A great deal, of course, can be overlooked in men who were working under stress and endeavoring to do things the best way. It does not follow that because a business man serves the government in matters pertaining to his own business, he is necessarily dishonest. ”

“ Baruch is known as a copper man. Copper is Jewish. That metal, throughout the world, is under Jewish domination. The Guggenheims and the Lewisohns, two Jewish families, are the copper kings of the planet—not that they confine themselves to copper; for example, their output of silver throughout the world is one-fourth more than is produced in the entire United States. ”

“ It is not to be supposed that the Baruch influence began or ceased with copper, nor with any of the multitudinous industrial powers which he possessed. A man like Baruch makes the most of such opportunities as were then his. In matters political, personal and even military, there were many openings for the use of his influence, and well-informed people about Washington did not doubt his facility in these things. ”

“ The special copper committee, composed of Guggenheim employes, did business pertaining to the “instrumentality“ which carried on the business of the combined copper companies.
It was dangerous. Some of the members seem to have felt it before Mr. Baruch did. Mr. Baruch never seems to have questioned anything that he did. Why should he? He “had more power than any other man in the war” and he had the most powerful and autocratic backing that a man ever had. But the others, the non-Jewish members, were thinking of the law. ”

“ Guggenheim was chief of the seven Guggenheims who form “a business family and a family business.” They divided business during the war. The United Metals Selling Company, which sold the United States Government its copper during the war, was the Lewisohn business reorganized, of which Tobias Wolfson was vice president; and the American Smelting and Refining Company was, apparently, the Guggenheim interests. ”

“ It is one of the most effective methods of destroying the morale of a people.
When Mr. Baruch saw the heads of the two copper families, he says he found them willing to think of nothing but giving copper to the government—money was of no consideration whatever.
Mr. Baruch—“They said that so far as the United States Government itself was concerned they would give Uncle Sam all the copper he wanted for his preparedness campaign * * * at any price that was decided upon. In order to arrive at some price we took the average price for 10 years which was about 16 2-3 cents ”

“ Accordingly, they had their own way. But in the case of Persia they lost the fight, although logic, humanity, justice, and the Ordinances solemnly accepted by the Great Powers were all on their side.”
The comment is rather humiliating. But it is true. ”

“ Mr. Graham—“Then Eugene Meyer, Jr., went into the War Industries Board and took up with the copper producers the question of furnishing copper, did he?” Mr. Wolfson—“Yes, sir.” As a result of that request a meeting was held at 120 Broadway, at which were present, among a few others, S. S. Rosenstamm, L. Vogelstein, Julius Loeb, T. Wolfson, G. W. Drucker and Eugene Meyer, Jr.
Mr. Graham—“Any army officers there?” Mr. Wolfson—“No.” The witness here quoted, Tobias Wolfson, was one of the most active instruments in the actual passage of business, but the Washington representative was a Mr. ”