J. P. Morgan’s Takeover Of The American Press In 1915
J. P. Morgan like many of his progressive friends was a “Monopoly Capitalist” and held divided loyalties between fidelity to America and homage to the one-world government plans of the Rhodes Round Table groups. With the Wall Street complicity in having got Woodrow Wilson seated in the White House two years earlier, J. P. Morgan knew, as did others such as Carnegie, Rockefeller, and Ford, that America would be drawn (by design) into World War I.
To prepare the American public would be a huge undertaking, and Morgan figured on using the American press to spread a pro-war message, subtly disguised of course, as needed defense spending.
With a grateful salute to Mindfully, here is a passage from the 1917 Congressional Record detailing how Morgan took over the propaganda aspects of the American press.
J.P. Morgan Interests
Buy 25 of America’s Leading Newspapers
and Insert Editors
U.S. Congressional Record February 9, 1917, page 2947
Congressman Calloway announced that the
J.P. Morgan interests bought 25 of America’s leading newspapers, and
inserted their own editors, in order to control the media.
The CHAIRMAN: The Chair will recognize the gentleman from Texas, a member of the [defense appropriations] committee.
Mr. CALLAWAY: Mr. Chairman, I ask unanimous consent to insert in the Record a statement that I have of how the newspapers of this country have been handled by the munitions manufacturers.
The CHAIRMAN: The gentleman from Texas asks unanimous consent to extend his remarks in the Record by inserting a certain statement. Is there any objection?
Mr. MANN: Mr. Chairman, reserving the right to object, may I ask whether it is the gentleman’s purpose to insert a long list of extracts from newspapers?
Mr. CALLAWAY: No; it will be a little, short statement not over 2 ½ inches in length in the Record.
The CHAIRMAN: Is there any objection?
There was no objection.
Mr. CALLAWAY: Mr. Chairman, under unanimous consent, I insert into the Record at this point a statement showing the newspaper combination, which explains their activity in the war matter, just discussed by the gentleman from Pennsylvania [Mr. MOORE]:
“In March, 1915, the J.P. Morgan interests, the steel, ship building and powder interests and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press in the United States.
“These 12 men worked the problems out by selecting 179 newspapers, and then began, by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country. They found it was only necessary to purchase the control of 25 of the greatest papers. The 25 papers were agreed upon; emissaries were sent to purchase the policy, national and international, of these papers; an agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies and other things of national and international nature considered vital to the interests of the purchasers.
“This contract is in existence at the present time, and it accounts for the news columns of the daily press of the country being filled with all sorts of preparedness arguments and misrepresentations as to the present condition of the United States Army and Navy, and the possibility and probability of the United States being attacked by foreign foes.
“This policy also included the suppression of everything in opposition to the wishes of the interests served. The effectiveness of this scheme has been conclusively demonstrated by the character of the stuff carried in the daily press throughout the country since March, 1915. They have resorted to anything necessary to commercialize public sentiment and sandbag the National Congress into making extravagant and wasteful appropriations for the Army and Navy under false pretense that it was necessary. Their stock argument is that it is ‘patriotism.’ They are playing on every prejudice and passion of the American people.
– end –
With a salute to AprilSmith.org we’ll mirror something from her history lessons —
April Smith asks:
“Did you know that the little man on the Monopoly game, now called Mr. Monopoly, was once called Rich Uncle Pennybags and was drawn to look like J.P. Morgan?”
11 thoughts on “J. P. Morgan’s Takeover Of The American Press In 1915”
Were William Randolph Hearst’s newspapers included in this purchase?
James, thank you for a good question. I cannot answer yes or no with certainty, but I can say that I would be surprised if Hearst or some of his papers were not a part of the Morgan thrust to “control generally the American press”.
If I do chance upon the correct answer to your question I’ll post it here. Thanks,
Hearst went bankrupt during the depression. JD Rockefeller stepped in and bought controlling interest in all the Hearst publications while allowing Heasrt to maintain creative control of the day to day dealings. Few people knew except those on the inside.
Rockefeller had just bought 40% interest in the pharmaceutical division (Bayer) of German I.G. Farben and wanted media through which he could advertise his newly acquired interests in big pharma. He advertised his knew drugs through the paper by getting peer-reviewed lackies to sing the praises of his products. All the while Hearst appeared to be surviving the Depression.
Also, the business deal that Standard Oil entered into that would form in America what is/was known as The Drug Trust. If you read Morris Bealle’s Drug Story, he covers the transactions.
Standard Oil president Arthur Teagle traded technology with German I.G. Farben leading up to Pearl Harbour. In return for technology to produce 100% octane fuel for the German Luftwaffe, Standard Oil acquired a significant portion of the pharmaceutical industry.
This went unnoticed during the years leading up to and into WW2. That is one of the reasons many of the biggest American-based pharmaceutical giants have names of Germanic origin. Merck, Pheiser, Bosch & Lomb etc…
Does anyone know which 25 newspapers had their editorial policies purchased by the Morgan interests in 1915?
It’s an interesting question but it really is not relevant to today’s circumstances. They have been consolidating and spreading for over 100 years and now control virtually all the media outlets…print and electronic…in the world. Think radio, TV, Film, Internet, etc.