HERE'S EVIDENCE OF KOHLER-CHAIN BANK-MELLON ALLIANCE
Here's Evidence of Kohler-Chain Bank-Mellon Alliance The Capital Times Presents Certified Copies of Notes and Note Ledger Pages of Chain Bank; Kohler Committees Still Owe Bank $34,000; Endorsed by...
...The exhibits also show that George Vits, the representative of the Mellon interests in Wisconsin, is one of the financial angels who is furnishing the money for the big campaign expenditures in Wisconsin in recent years...
...Wouldn't the Mellon interests be willing to spend ten times $34,000 in order to defeat Senators La Follette and Blaine and the members of Congress who voted against the tariff bill...
...Vits' concern at Manitowoc, is taking millions of dollars each year from the American people through the monopoly granted by the tariff...
...There has been no activity in the account since May 1, 1930, and on that date the committee still owed the bank $15,000, being the amount due in the above note (Exhibit A...
...Every official of the First Wisconsin National Bank and the Wisconsin Bankshares Corporation is supporting the candidacy of Mr...
...Smith...
...I EVERYTHING TO GAIN fGretog, Ark...
...At this time, therefore, the State Republican committee, George L. Gilkey, chairman (the state Kohler organization) and the Kohler-for-Governor club, George S. Meredith, chairman (the Milwaukee county organization), still owe the First Wisconsin National Bank of Milwaukee the sum of $34,-000...
...La Follette...
...Vits...
...And what of Mr...
...The guarantors of this note, as certified by Mr...
...It almost looks like Hamilton was right when he said that the people are not 'competent for self government...
...There was another organization operating in Milwaukee called the Kohler-for-Governor club of which George S. Meredith, a millionaire Milwaukee contractor, was the chairman...
...HERE we have the evidence which shows the close working alliance between the Kohler group and the chain bank group in this state...
...Imagine Horace Greeley, Joseph Medill, Charles A. Dana and some of the old time Crusaders in the field of journalism faced with such a situation...
...The latest information in the possession of the investigating committee is that the note has not yet been paid to this date, * * * THE State Republican com-mittee of which Mr...
...The common people have nothing to lose and have everything to gain.—S...
...The Capital Times believes that there is grounds for prosecution against the First Wisconsin National Bank of Milwaukee for loaning this money for political purposes without demanding that the amounts ever be paid...
...As noted on the ledger sheets printed on this page, the authenticity of the exhibits printed herewith is shown by the following notation signed by A. G. Casper, cashier of the First Wisconsin National Bank of Milwaukee: "I hereby certify that the above, together with the note attached, is a true and correct copy of original now on file with the First Wisconsin National Bank of Milwaukee...
...These exhibits were obtained from the committee of the Wisconsin legislature which has been investigating campaign expenditures...
...Gilkey was chairman carried on the general campaign in Wisconsin for Mr...
...It is also evidence to show that Mr...
...Kohler for governor...
...Vits and Mr...
...Exhibit C is a copy of a page from the note ledger of the First Wisconsin National Bank showing the note transactions of the committee with the bank from March 31, 1928, to May 1, 1930...
...A Depraved Press WHAT can better attest to the depravity of the Wisconsin press than to say that the newspapers of this state are uniformly dead and indifferent to the implications of the vast expenditure of money in this campaign...
...Vits, the representative of the Mellon interests in Wisconsin, is taking an important part in financing the campaigns in this state to smash the Progressive movement...
...29.1 — Do not think for a moment that I do not en-jdorse The Progressive...
...The committee subpoenaed officials of the First Wisconsin National Bank for this information and the adjoining exhibits are certified copies of the notes, the signers and guarantors of the notes, and of the pages from the note ledgers of the bank...
...Is he representing anybody else...
...Casper, was George Vits of Manitowoc...
...The endorser of this note,as certified in Exhibit B by Mr...
...Casper in Exhibit E, are George Vits and G. S. Meredith...
...Not only indifferent but militantly defending and excusing the barrel...
...Exhibit F is a certified copy of a page from the note ledger of the First Wisconsin National Bank showing the activities of the Kohler-for-Governor club...
...They are all bitterly fighting the candidacy of Phil La Follette...
...That investment will come back by the millions to these privileged interests if they can get the tax bills, the tariff schedules, the power rates, the low wages, long hours, the governmental rebates and immunities which they are always looking for...
...Why isn't it a good investment for these big interests to spend $250,000 to smash the Progressive movement in Wisconsin...
...People got what they voted for: for it looks like they enjoy being robbed for the benefit of the rich...
...Senators La Follette and Blaine nearly overturned the aluminum schedules in the last tariff fight...
...What can better illustrate the low estate to which journalism has descended when it is unwilling to meet the challenge of placing government on the auction block...
...Why wouldn't it be a good investment for the aluminum trust to spend much more than $34,000 to smash the Progressive movement in Wisconsin...
...On March 20, 1929, the activity of the account ceased, and the Kohler-for-Governor club with Mr...
...Has he personally guaranteed this $34,000 on his own responsibility...
...Kohler and bitterly'op-posing Mr...
...We invite attention to Exhibit D, which is a note in the sum of $19,000 to the First Wisconsin National Bank signed by the Kohler-for-Governor club, G. S. Meredith, chairman...
...The aluminum trust of America, controlled by the Mellon interests and which in turn controls and dominates Mr...
...THE CAPITAL TIMES is glad to be able to present this evidence which shows the alliance between Big Business and government...
...The account was opened originally in Ie campaign for the election lelegates to the Republican tional convention and con-iued to May 1, 1930...
...invite attention first to Exhibit A, being a note for $15,000 signed by the State Republican committee, George L. Gilkey, chairman...
...Additional amounts were borrowed and some were paid later...
...The officials and the members of the board of directors of the banks in Milwaukee and throughout Wisconsin that belong to the chain are supporting the candidacy of Mr...
...Endorsed by George Vits, Mellon Representative [An Editorial from The Capital Times of Sept...
...The amount was $40,000 at one time, but $6,000 of this was paid...
...Meredith as the guarantors, still owed the bank $19,000, as evidenced by the note, Exhibit D. According to latest information obtained by the investigating committee, this note has not yet been paid to the bank...
...I Keep up the fight...
...The account was opened on July 23, 1928, in the midst of the Kohler campaign when $2,000 was borrowed as a starter...
...5, 1930 THE CAPITAL TIMES prints on this page today some exhibits showing the close working alliance between Gov, Kohler and his friends and the First Wisconsin National Bank of Milwaukee, the parent of the Wisconsin Rank-shares Corporation, the chain banking system of this state...
...That is sufficient answer to the silly defensive talk of the Kohler group that Progressives are responsible for chain banking in this state and that the public interest will be protected by the Kohler crowd against the menace of chain banking...
...Would their voices be stilled bv the power of wealth ? Hardly...
...But this Hoover "prosperity" has made money so scarce that it is almost impossible to get enough to live on...
...There were many transactions back and forth in which loans were made and later paid...
Vol. 1 • September 1930 • No. 41
