PROCESS SERVERS ON THE PATH TO PEACE
McMillin, Miles
Process Servers on The Path to Peace By MILES McMILLIN JOHN FOSTER DULLES is a man whose name Americans are slowly beginning to recognize as it bobs around willy-nilly in the news columns. As a...
...One of these days his patience will be exhausted...
...This activity followed a well-known manipulative pattern in which strong buying support is furnished to the stock exchange market, while the compensating sales are handled off the exchange, where they will not depress the exchange price...
...As a matter of fact, if the publicity streak Dulles has hit in the past year or so holds out, his name might become a household word...
...Louis, Mo., and its vice president, Frank Boehm, had done a stretch in the rowdy tank for perjury...
...But with the announcement of the San Francisco conference, Dulles' name popped back into the news...
...The recommendation has been allowed to grow mouldy in the Department's files...
...Boehm had started a eivil suit against North American, alleging that he had taken the rap for his superiors and that Dulles, among others, had counselled him to commit perjury, assuring him that everything would be peachy if he lied to the representatives of the people...
...He blazed into real prominence last Fall during the Presidential campaign...
...Heckled Again The Presidential campaign ended, there followed several months of comparative obscurity...
...Boehm Took The Rap There was one aspect of these history-making conferences, however, that couldn't be said to have been overplayed in the news, although some papers did pay some attention to it...
...This latest one involving a suit brought in Federal court in Richmond, Va., to recover large sums of money from the management of the bankrupt Central States Electric Corp., another big link in the vast network of North American...
...While thus engaged in building a new world of peace and morality, Dulles heard that he would soon be the recipient of another subpena to be heard in still another utility scandal...
...That was the backdoor-and-down-the-alley route Mr...
...Dulles was forced to take to dodge process-servers on his busy path to peace...
...He had snuggled up to Governor Dewey as the Republican candidate's number one adviser on foreign affairs...
...He may tefl us all to go hang and go back to advising cartels and utilities and church groups...
...North American and the North American Securities Corporation (NASCO) are to be probed in connection with the Central States' case...
...The American delegation needed specialists on international affairs, and since Dulles had had experience, having been the lawyer for the international nickel cartel, he was^selected as an adviser...
...It seems that he has sort of a perverted King Midas gift—everything he touches turns to headlines...
...One of North American's subsidiaries had been found guilty of some king-sized graft down in St...
...This country had better take care...
...It may be that he receives publicity for other things, but I remember reading about him in connection with only 4 things: Speaking learnedly to church groups, urging an international police force to insure perpetual peace, advising Tom Dewey in the last campaign, and advising utilities involved in major scandals...
...The SEC has charged that NASCO "boosted the market value of the common stock of North American by conducting manipulative trading activity on the New York Stock Exchange...
...Of the stock purchased, NASCO sold over 90 per cent off the exchange to small investors throughout the country in a manner designed to lessen the likelihood of the return of this stock to the market...
...Off he went to San Francisco...
...There were stories of Dulles' limping back and forth between Washington and Albany on an ingrown toenail, advising and conferring with the great and near great of the nation...
...The case against North American had previously been investigated by the Securities and Exchange Commission and turned over to the Department of Justice with a recommendation that prosecution be brought...
...Dulles was wanted by the law to give some information concerning his part, if any, in one of the worst utility scandals in the history of the country...
...As head of the Wall Street law firm of Sullivan and Cromwell, he had been the mouthpiece for the scandal-ridden North American utility holding company...
...It's beginning to look as if there is a deliberate plot to heckle Dulles with subpenas every time he rolls up his sleeves and gets ready to build the new era of peace and morality...
...Since foreign policy was allegedly a big issue in the campaign he reaped a bumper crop of headlines...
Vol. 9 • June 1945 • No. 23