-Caveat Lector- an excerpt from: The DRUG STORY—A Factological History of AMERICA'S $10,000,000,000 DRUG CARTEL — ITS METHODS OPERATIONS, HIDDEN OWNERSHIP, PROFITS AND TERRIFIC IMPACT ON THE HEALTH Or THE AMERICAN PEOPLE. Morris A. Bealle©1949. All Rights Reserved Mrs. Morris Bealle©1976 THE HORNET'S NEST P.O. Box 52 Spanish Fork, Utah 84660 239 pps. — --[2]-- Chapter 2 The SPIDER'S Web "If you tell a lie big enough, and loud enough, and long enough, and often enough, the people will believe it." -Adolph Hitler Many readers of my books and magazines of the past have asked me how it is possible for the Drug Trust to prevent the printing of news about drugless cures, to exaggerate the efficacy of drugs, to falsify the record in the serum field and to send out garbled press stories at will. I do not blame the average publisher for this as much as I blame the "system" which was created and developed, even before Upton Sinclair wrote his famous book on the press and press associations called "The Brass Check." Many times I've heard bewildered citizens say "you can only believe 50% of what you read in the newspapers." I've heard others go beyond that and say you can't believe 25% of what you read in a Hearst paper or 5% of what you read in a communist sheet — Marshall Field's papers, the former Stern papers, the present New York POST, COMPASS and DAILY WORKER. It is the average American newspaper and the way it is taken for a ride by the Drug Trust that we are dealing with in this chapter. So, don't blame the publisher. Much less should you blame the reporter or editor if your paper let's you down as they did, say, on the Columbus polio story (described in this book) and on many other such items which never saw the light of day. Many years ago a high pressure and high powered advertising agent named J. Walter Thompson began the system of influencing news thru huge advertising appropriations. Mr. Thompson tied himself up with the Rockefeller interests and the Morgan interests. These two financial behemoths controlled so many companies between them that the Thompson Company, with the founder long since passed to his celestial reward (if any) now has the most stupendous business of any advertising agency in the world. Standard Advertising Register for 1948 showed this firm having 95 large industrial accounts. Any agency having half a dozen considers itself lucky and well-to-do. To handle this business the J. Walter Thompson Company has eight branch offices in the United States and eighteen in foreign countries-branches in nearly all lands where Standard Oil's derricks rise. Included in these accounts are Lever Brothers ($18,686,329), Shell Oil ($1,221,183) ; Standard Brands ($3,962,408); Eastman Kodak ($1,861,493); Ford Motors ($11,242,212); Johns-Manville ($955,398) ; Nash-Kelvinator ($3,721,529) ; Libby, McNeill & Libby ($4,180,338) ; Pan American World Airways ($1,027,569); Radio Corporation of America ($3,755,902); Kaiser-Frazer Motors ($5,048,934) -to mention just a few. Because appropriations advertising manufactured products nationally has reached an aggregate of a billion and a half, a number of other agencies are now participating in the business of the Rockefeller Empire, and of what is left of the Morgan Empire since J. P. (the Last) died. A recent compilation by the magazine ADVERTISING AGE showed that the larger companies expended in 1948 for newspaper, radio and magazine advertising the aggregate sum of $1,104,224,347. For many years it has been estimated that the Rockefeller-Morgan interests controlled about 80% of this business. This control is vested partly in those companies owned in whole or in part by the Money Trust, which also has its headquarters in Rockefeller Center. An even larger part of this control is represented in the hundreds of large corporations and combines that have to go, from time to time, for financing to the Chase National Bank, Guaranty Trust, National City and other banking houses controlled by, or closely affiliated with, the Rockefellers. This huge advertising figure (over a billion and a tenth) is only a part of the story, but it is the only complete figures we can put our fingers on. It is broken down as follows: $389.261,000 to the larger of our 1,873 daily newspapers, $430,573.399 to 97 national magazines; $46.709,683 to six magazine sections for Sunday newspapers; $38,684.523 to 50 farm publications; $198,995,742 to network radio stations. This does not take into account the hundreds of nonnetwork (independent) radio stations in the country, nor any of the 10,056 weekly newspapers, very few of which lack a quota of national advertising accounts. A conservative estimate of the total sets it at around $1,500,000,000. Eighty per cent of this will add up to 1,200 million advertising dollars annually which apparently are control[l]ed from Rockefeller Center by the owners and management of the Drug Trust, the Steel Trust, the Oil Trust, the Power Trust, the Insurance Trust, the Utilities Trust, the Metals Trust and hundreds of other powerful combinations in restraint of free enterprise. The American Thought Controllers pay plenty of attention to the weekly newspaper. I well remember 15 years ago when I was running a county seat newspaper in Maryland, contiguous to the nation's capital. The metropolitan power company serving my community used to run a quarter of a page advertisement every week. They paid promptly and well, and this account took quite a lot of worry off my shoulders when the bills came due. One day we took up the cudgels for some of our readers who were being given poor service and insulting treatment from the power company. It was our first experience in the realm of Hell breaking loose. The issue was in the mails only a few hours when the telephone rang and I received the dressing down of my life from the advertising agency which handled the power company's account. Briefly and plainly they told me that any more such "stepping out of line" would result in the immediate cancellation of this contract, as well as that of the gas company and the telephone company. I still remember what a tremendous letdown this was for me; how it opened my eyes to the meaning of a Free Press; how I then and there decided to get out of the newspaper business; how I began to seek a buyer and finally sold out at the best figure I could get and, of course, at a huge loss. When I realize that this is what every newspaper owner is up against, and that where I had only a few thousands tied up most daily newspaper publishers count their investments in the millions, I really feel sorry for them. That is, all except the worms, of which the newspaper business has its share. Now that I have made it clear how the Rockefeller interests handle the various mediums of public information, I am going to give a list of the 25 largest advertisers in the country and the amounts they expend with the various mediums. I am then going to show you how Rockefeller Center controls each and every one of these concerns thru what is called interlocking directorates. You have already seen how the well trained (in Rockefeller Methods) advertising agencies can handle "properly" so many newspapers, magazines and radio stations. Here are the Big Twenty-Five of American Business: Proctor and Gamble ---------------$34,993,341 General Motors -----------------------27,086,514 Colgate-Palmolive-Peet -----------18,773,213 Lever Brothers -----------------------18,686,329 General Foods ------------------------17,303,872 General Electric----------------------15,058,018 Sterling Drug -------------------------13,624,287 General Mills --------------------------12,098.061 Swift & Company --------------------11,355,551 Reynolds Tobacco ------------------11,271,136 Seagram -------------------------------10,009,967 Ford Motors ---------------------------11,242,252 Gillette Razor --------------------------9,497,820 Liggett & Myers Tobacco ---------9,243,336 Campbell Soup -----------------------8,992,115 Chrysler Motors ----------------------7,833,735 American Home Products --------7,695.340 American Tobacco ------------------7,479,755 Philco Radio ----------------------------6,992,155 Westinghouse Electric -------------6,756,016 Miles Laboratories ------------------6,410,513 National Dairy Products -----------6,839,995 Bristol-Myers ------------------------ 5,703,862 Kaiser-Frazer Motors --------------5,048,934 Borden's Milk--------------------------4,179,864 Of these top flight advertisers Lever Brothers, Sterling Drug, American Home Products, and Miles Laboratories manufacture drugs and proprietary medicines. Borden's and National Dairy Products are the two largest units of the Milk Trust, and the greatest beneficiaries of the pasteurization racket. This pasteurization racket is so lucrative that NDP can pay its president (L. A. Von Bomel) $150,000 a year for doing nothing much except going around and registering horror at the thought of anyone drinking raw milk. No one claims that Rockefeller owns any of these companies outright except Sterling Drug. But that the House of R. has large stock holdings in most of them is attested by the personnel of the several directorates. When a Financial King invests money in an enterprise he always arranges to have a stooge sitting on the board of directors. Let's start at the top with Proctor and Gamble. Its president is Richard Dupree, who also is a director of the Baltimore & Ohio Railroad and of the Coca Cola Company. This rai[l]road is always in financial difficulties and going to Wall Street banks for financing and refinancing. That alone is enough to identify Mr. DuPree as a man whom they trust at Rockefeller Center. The Coca Cola Company is also well-amenable to the Rockefeller will. The chairman of its Board is one Robert W. Woodruff, a director of the Guaranty Trust Company which was formerly a Morgan-controlled bank but which is now well under the Rockefeller thumb. General Motors has as directors George Whitney (a House of Morgan partner), and Lewis W. Douglas of the House of Rockefeller. The Rockefellers thought so much of Douglas' usefulness to them that they had him appointed Ambassador to England, to control the flow of American dollars to that tight little island, to protect the Rockefeller oil and international banking interests over there. Colgate-Palmolive-Peet has as a director George W. Merck, president of Merck & Company-the drug behemoth whose stock structure has been inflated to 451% of its actual assets by the profits in the drug traffic. Also M. F. S. Russell of the U. S. Pipe & Foundry Company whose president (Philo W. Parker) is a big pipe in Standard-Vacuum Oil Company. Lever Brothers makes Pepsodent and thus will do nothing to interfere with the fallacy that drugs and cosmetics and proprietary remedies aren't best for what ails everyone. General Foods is so under the Rockefeller thumb that their dummy directors elected a director of the Chase National Bank (Austin S. Iglehart) president. On GF's directorate are Robert P. Lehman (of the Rockefeller-controlled Lehman Brothers banking house), Carl Schmidlapp (another Chase National Director) and Mrs. Mary P. Davies of a famous family affiliated closely with the House of Rockefeller. General Electric has on its directorate as the Rockefeller representative Sloan Colt of the Rockefeller-controlled Bankers Trust Company. Let's look at both sides of the picture. Take the various directors of the Chase National Bank and see with whom they are tied up as directors: Winthrop W. Aldrich (AT&T, Westinghouse, International Power & Paper, Metropolitan Life) Earl D. Bapst (10 large insurance companies) Howard Bayne (Public Press, Inc., of Canada) F. H. Brownell (Federal Mining & Smelting Company, Cooper Institute, Northern Pacific Railway, General Cable Corporation) H. Donald Campbell (Consolidation Coal Company, Mathieson Alkali Works, Western Union Telegraph, American Smelting & Refining Company) Francis W. Cole (United Aircraft, four insurance companies) J. F. Drake (Pullman Company, Gulf Oil, American Rolling Mill, Rockwell Manufacturing, nine other oil companies) Percy J. Ebbott (Nash-Kelvinator, Moore-McCormick Lines) H. O. Havemeyer (Kennecott Copper, Braden Copper) Austin S. Iglehart (General Foods) A. N. Kemp (nothing of consequence) James T. Lee (American Express, Wells-Fargo, eight New York building and insurance firms) Leroy A. Lincoln (Metropolitan Life) Arthur A. McCain (nothing of consequence) Jeremiah Milbank (Metropolitan Life, Borden's Milk) Arthur W. Page (AT&T, Continental Oil, Westinghouse Electric, Kennicott Copper, Prudential Life, Panama Railroad, Southern Bell T&T) Thomas I. Parkinson (AT&T, Consolidation Coal, Borden's Milk, Westinghouse Electric, five insurance concerns) A. W. Robertson (Reliance Life, Westinghouse Electric) Laurence S. Rock (nothing of consequence) Carl J. Schmidlapp (General Foods, Continental Insurance, Cuban-Atlantic Sugar, Rayonier Inc., Chicago Pneumatic Tool) Lyne Selden (American Express, Wells-Fargo, Amrex Holding Corporation) Robert C. Stanley (International Nickel, Canadian Pacific Railroad, American Metal, Amalgamated Metal, General Electric, U. S. Steel, Copper Development Assn) Leroy A. Wilson (AT&T, C & P Telephone) Robert E. Wilson (Pan American Petroleum, First National Bank of Chicago) This kind of set-up is called by statisticians and actuaries the Spider's Web Chart. If a chart were made showing these concerns in question in a vertical column, and the various directors in a horizontal column, then a line drawn from each director to the concerns he is supposed to direct, the effect would look not unlike a spider's web. As a result of this tight control of the nation's thinking—from Rockefeller Center to these Industrial Concerns and Combines, to the Advertising Agencies, to the Mediums of Public Information, to the Reading Public a sum estimated by a census of manufacturers as equalling $10,000,000,000 in 1948 has been paid in to the drug concerns in the United States for drugs which, as we have shown, intelligent medical authorities consider, in large part, useless. The enormous profits resulting from this enormous drug traffic—dope traffic as some outspoken physicians call it—have resulted in inflation of the stock structures of many of these Dealers in Death. Some have increased their stock structure as high as 20 shares to one. Others have just let nature take its course in the stock market. We can get a very good picture of this from Moody's Manual of Industrials. Its current one shows, for instance, that Abbott Laboratories, by making an operating profit in one year of 87 of its actual physical assets, has so inflated its stock that it is selling on the market for 632% —of the company's actual physical assets. it shows profits 139% over assets by American Home Products (manufacture of Anacin, Kolynos, Bisodol and Hill's Cold Tablets), of 112% by Parke-Davis, of 109% by Pfizer & Company and also by National Drug and Chemical. It shows a 1,839% inflation by American Home Products, a 926% inflation by McKesson & Robbins, a 750% inflation by Vick Chemical and a 632% inflation by Sterling Drug. A random compilation of 15 of these large drug concerns is shown on the next page. It was a wise philosopher who said—"He who pays the piper calls the tune." pps. 28-36 --[cont]-- Aloha, He'Ping, Om, Shalom, Salaam. Em Hotep, Peace Be, Omnia Bona Bonis, All My Relations. Adieu, Adios, Aloha. Amen. Roads End Kris DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. 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