Was Sty limited to a maximum expendi
ithe commiters methods were tse of
then the wisle ofthe Seventhind Congces
ily ested by the people ofthe United Ssts—
oneraed fe nitating the leg crimes pert
‘omic, Waller thi allgnon een
bythe voluninoas records of te Nye hearings, whee
(thaw tat every documest priced during the Inge os
1 Gatien he cee othe romps ces
tho were gen very opportunity wo explain aay thes
written indiscretions. .
Walker Sais alarm at te outrages commited onthe US
Ianufacture private Sing eines il be beter spores
Dvien i pointed out that war socned with Vickers
Se that some very revealing lees fom Sir Chases Caves
(Wickes! cit wero ete daring the pe heries Oty
fine cic of te Nye Commie were Si John Stson a
Sir Austen Gharberain, Doth of whom have gud os she
Sharcholdes Ist. of Imperial Chemical Tn wen ht
tar_Lard MeCowan--cars in for some oth wnvosrshs
public ducing the course ofthe inguiy.
om the out; Gerd Nye's come came into conic
sit powerful hole inbueness wich thy ha hal hes oy,
+ Would have agusted the laut belee any ral ama coal
| tbe done to the teptation of the armaent mantectcer
Premure was brought to beat on Anny and Navy chive sence
High Administration ficiale“eyen om Me: Cordell Hohe
Have the ingry suspended on the qrous that imporine
trade sera would be revealed to the rid and that Lig
‘anufaturers woul lon the confidence of ovesenscstonnca
Protas were aged at Washgion by Bric shores ses
|, torprotct he era” of he big tah combines sonia
in the course of the Nye heating, Organied woth ‘los
thesughout the couniry, suchas the Alsercan Lei she
Gathles andthe Md West mers, were canvas tose
ec Tate Si fete Son itn pe he re cn
65
‘ment interests and warned that America's national defence
twas jeopardized, that the investigation would be capitalized
by communists and other “antisocial” elements, that private
enterprise and free competition were imperil
Gerald Nye's reaction to all such threats and solicitations ean
Be gauged by the following extract taken from the Naw To
Tinos of September 10, 1034:—
Phe public study into the huge du Poots alfirs is bei
Pee a by cere ee cid ert eanlatye
fold concern, His riticism of the committee some months ago
Inrtated several members who sharply answered him. Chal
‘man Nye announced that he had refused the du Pont demand
‘hatte trade secret be withheld from the Press,
"These munitions makers have been doing busines: secre
for so long that itis about time their affairs were made public”
hee continued, “The very fiet that protests have come from
abroad shows the necesity for continuing. ‘The inquiry will
goon” i
The excentives of E. I.du Pont de Nemours & Co, had every
reason for wishing to keep the American public in the dark as
to its trade secrets. Between 1913 and 1918, the ascts of this
mammoth powdermanufacturing organization had expanded
from, 874,000,000 to 308,000,000, and. its profits rose fiom
$4,997,773 in s9r4 to $43,008075 in 1928. At the end of the
first year of peace, the du Pont setts had fallen by $68,000,000
40 $240)000,000 and net profits had slumped to $17,092.
Peace al the consequent suspension of Government war orders,
brought relief from suffering and stringency to millions of
‘ordinary people throughout the world: to those who had thrived
‘on war it brought reduced earnings, gloom and despondency.
Tn common with all other munition manufactures, du Pont
‘yas obliged to tur its attention to foreign fields and fo attempt,
by the organization of a militant sales free, to stimulate war
orders from thove nations which were either without domestic
munitions factories or whose productive capacity was income
‘mensurate with the, expansionist designs of the ruling parties.