American Economy and the End of Laissez-Faire – 7 of 13 – Theodore Roosevelt Master Reformer

The American Economy and the End of Laissez-Faire: 1870 to World War II

7. Theodore Roosevelt: Master Reformer
Lecture by Murray N. Rothbard

Assassinations in American are only by lone nuts. No one who benefits is ever suspected, like Lyndon Johnson. The progressive period saw a re-alliance of church and state – secularized extreme Pietism (Protestant sects) with government as savior by intervening in markets. Meat packing regulations and the Sugar Trust under Teddy Roosevelt, passed in June 1906. The myth was that the meat was diseased and people were dying of it. That was false. The big meat packers were asking for regulations because they wanted to sue their small competitors. The Pure Food and Drug Act was a prototype for the whole progressive movement toward purity of body, mind and soul. Adulteration only meant any change in the name of the sugar chemistry.

Lecture 7 of 13 presented in Fall of 1986 at the New York Polytechnic University.

This lecture as a Podcast: http://enemyofthestate.podomatic.com/

Sourced from: https://mises.org/library/american-economy-and-end-laissez-faire-1870-world-war-ii

Source: American Economy and the End of Laissez-Faire – 7 of 13 – Theodore Roosevelt Master Reformer – YouTube

http://www.readrothbard.com/american-economy-and-the-end-of-laissez-faire-7-of-13-theodore-roosevelt-master-reformer

TRANSCRIPT

00:00
I’m sure choc shorten it finally
00:05
manifested itself but just came back
00:07
from Europe I haven’t had a chance to
00:09
markup s yet but by Thursday a little
00:11
unmarked them back to you I was a
00:14
conference in Poland was heartwarming
00:16
because the Polish scholars they’re all
00:19
very much against the government their
00:20
will completely courageous lash out of
00:23
the government a lot of times and they
00:24
look no respect for any of the
00:25
pronouncements and great fight state I
00:29
think that’s really really heartwarming
00:32
none of them believe anything in
00:34
government says good healthy attitude
00:38
yeah that said the Teddy Roosevelt had
00:41
been the Morgan candidate for vice
00:43
president he replaced Garret Hobart who
00:46
died in office
00:48
McKinley hated in mark Hanna hated hated
00:53
Roosevelt and probably get other Morgan
00:55
people that accepted my presidential
00:57
nomination they refused to do it
00:58
it was stuck with pet even if it rock
01:00
world petty was a vice presidential
01:02
candidate and a few years ago and the
01:05
plan was that after McKinley’s two turns
01:07
mark Hanna would run for president
01:09
Rockefeller backing to the health and
01:14
something happened on the weight of the
01:16
White House work namely that McKinley
01:18
was assassinated by one of the many lone
01:21
nuts that appear in the American history
01:22
the
01:25
assassination date September 1901 early
01:29
and and those days the president took
01:31
office in March instead of in January so
01:33
essentially McKinley was going in for
01:35
about eight months or so on that 1901
01:38
it’s interesting the sort of interesting
01:40
thing about assassination if you notice
01:43
in the history of United Nations in
01:46
America of American presidents American
01:47
politics the men have been many
01:49
assassinations in the world and everyone
01:51
all the rest of the world Europe Asia
01:53
Africa whenever somebody’s assassinated
01:55
it’s used it’s always assumed it was
01:57
some political motivation for the some
01:59
political group of doing it and the
02:02
police police Tek tactics and then any
02:04
individual is murdered you look for
02:07
means motive and opportunity
02:09
names of triad and motives becomes the
02:11
key thing doesn’t mean the person who
02:12
had the motive the optimist the act was
02:15
a guilty person but the person you look
02:16
at first nother words some millionaire
02:18
dies is murdered you look to the
02:20
grieving widow was the grieving widow
02:22
responsible doesn’t mean she was
02:23
responsible
02:24
she said she inherited five million
02:25
dollar key become the the first suspect
02:27
it has never done in the United States
02:29
for some reason an American president a
02:31
big big shot on Saturday nobody ever
02:33
talks about about political motivations
02:35
always some lone nut’ guy’s a nut you
02:38
find the guy very quickly and if you’ve
02:39
caught him away as me a nut and it seems
02:44
to me you’re all the peculiar that the
02:45
usual police police work never is never
02:49
applied to American presidents you don’t
02:52
look at who was the beneficiary who
02:54
benefited when for example in McKinley
02:55
is a fascinator obviously Teddy
02:56
Roosevelt benefit a vice president
02:59
somehow he was ever suspected he was
03:01
never phoned the police griddle police
03:03
grilling or suspected or or the Morgan
03:06
people of course then take over because
03:08
Morgan all of a sudden becomes and
03:10
I have a president which they are not
03:11
likely to have in any other situation
03:13
doesn’t mean the Morgans did it with
03:15
meaning pretty Roosevelt that if at
03:16
least he should have been these
03:17
historians people at home and I’m sorry
03:20
I should least have a certainly
03:22
suspicion at least investigate the
03:23
possibility this was a Morgan setup job
03:26
instead of the loan not some guy named
03:27
child Dodge they dispose of children
03:29
quickly they they try was alone not that
03:31
you execute him at the end of it when
03:34
Huey Long was assassinated in 1936 or 35
03:39
who has done a very powerful challenge
03:43
to Roosevelt Franklin Roosevelt’s second
03:45
term Democratic ticket he was
03:47
assassinated a his guard immediately
03:48
first killed a guy and I was the end of
03:51
it as ever it’s never considered it be
03:53
any kind of political a plan or
03:56
conspiracy at work
03:58
it’s kind of odd that the any I think
04:00
you have this innocent sort of official
04:02
innocence applied to a fascination never
04:04
has to be alone not never even think of
04:06
a possibility maybe other people
04:07
involved maybe political motivations and
04:10
whatever the case of President Kennedy
04:12
of course almost reaching a Saxony
04:14
obviously the major recipient but Lyndon
04:17
Johnson nothing Lyndon Johnson was
04:19
behind it it means we should have been
04:21
heard pain as a possibility by the by
04:23
the media and by the police and part of
04:26
justice whatever because it becomes
04:28
difficult a vice president isn’t really
04:29
responsible and see law office it’s a
04:32
lot of apartment justice you’ve got to
04:34
take a serious investigations of my
04:36
other person is now president and
04:38
therefore the boss of a partner in
04:39
justice as we saw with Watergate it
04:42
becomes very differently had that
04:42
special counselor the rest of Lee but
04:45
the the lone nut’ scheme though even
04:48
though he’s an operative the United
04:50
States at any rate exact time I had in
04:53
civilizations before President Garfield
04:56
was assassinated by lone nut’ 1881
05:00
[Music]
05:01
succeeded by Chester Arthur
05:04
Gorky with hated by the of feminie types
05:07
the official horses before that had been
05:11
from the Lincoln Lee effect then again
05:13
with Lincoln
05:14
even though obviously and they had to
05:15
admit of this conspiracy involving
05:17
though the focus of historian is always
05:20
on John Wilkes Booth but obviously there
05:21
are many people involved they were they
05:23
were locked up they what happened with
05:24
air was there was a military trial all
05:26
these guys were killed very quickly
05:27
that’s a secret over the real public
05:29
trial okay why they did it who did it
05:32
that’s her stuff
05:34
they’re also famous a mysterious death
05:37
from the presidency are Zachary Taylor
05:41
became present making 40 she’s in 1850
05:44
48 1848 there’s like I was awake and
05:49
even though he was a slave holder
05:51
himself it came from Virginia he
05:52
suddenly became anti-slavery her he led
05:55
the fight against expansion of slavery
05:56
in the West he died the mysterious
06:00
circumstances after a July 4th picnic
06:01
died of a gastrointestinal poisoning the
06:05
thing is he was the only one it was
06:07
poisonous yeah you know 200 people are
06:09
picnic you know poison you know whatever
06:11
it is and show beaver mayonnaise
06:13
sandwiches several people who get food
06:16
for him wide only one guy the president
06:17
gets food poisoning nobody else this has
06:19
never been seriously investigated the
06:23
death of Harding was kind of peculiar to
06:25
the there was a contention by one of the
06:28
Secret Service people wrote a book after
06:29
Harding died and offered that his wife
06:31
was responsible poisoned them because of
06:33
the hoarding scandals but I’m not taking
06:35
it an official what humbly eccentric but
06:37
the point of that there have been none
06:39
of these competitive even competitive in
06:41
has been seriously investigating any
06:44
rate we have a lone nut and he kills
06:46
McKinley all of a sudden the Morgans get
06:48
a president and Teddy Roosevelt thought
06:50
using this to the hilt it’s not as if he
06:52
was passive he took full use of this
06:55
golden opportunity to get a true Morgan
06:59
presidency and
07:00
in office what did he do
07:04
okay the he soon as he forgets to be
07:13
present he assumes the presidency in
07:14
November he writes a its first speech I
07:16
think in December first message to
07:20
Conroy yeah oh yeah absolutely with a
07:26
mafia with the CIA
07:27
you know yeah I thought I’ve been
07:31
reading on that pretty conclusive I
07:33
think that the Mafia is going to be
07:34
responsible but the thing is that there
07:36
was immediately accepted a lot of books
07:38
on above that but the official media CBS
07:41
NBC the New York Times that are never
07:43
accepted this and then the congressional
07:46
investigation said at least three shots
07:48
and they gets buried on page 85 I’ve
07:52
never really taken seriously you know I
07:54
think most of the public agrees with us
07:56
yeah there’s a lot of stuff in the Red
07:59
Room and the good books on it Anthony
08:02
summers probably best to end any summer
08:03
conspiracy sums up the latest mafia
08:06
stock and a book by David liftin called
08:09
best evidence to deal with a bullet hole
08:11
Bullock problem he focused on a bullet
08:13
there’s also a charming thing which I
08:15
don’t wish no proof for it’s never been
08:18
published I said I have enough even
08:19
manuscript as obvious why I love the
08:21
publisher book my friend Richmond some
08:24
other guy Federation though the carrying
08:26
and the book focused on the only book
08:30
that I know ever I’m sort of kind of the
08:31
fascination Bob
08:33
the only book I know I would focus on
08:35
the entourage only only the car
08:38
presidential by potential car thief he
08:41
his viewer the Secret Service killed
08:42
Kennedy in the in the car probably on
08:45
the sound or the interesting thing about
08:46
it if he focus on the on the cars nearly
08:48
entourage and how it had changed in the
08:51
last minute like the night before that
08:53
suddenly change the route
08:54
those who Dealey Plaza and sort of who
08:56
the right on the freeway okay it could
08:58
easily be shot at
08:59
anyway he claimed with the Kennedys had
09:02
as they turned the corner
09:05
apparently the backseat could be raised
09:07
so you can make the was ever a big shot
09:09
in the backseat more visible kind of the
09:11
measures go yellow this is the backs
09:13
he’s the only one ever did this and
09:14
shows are the Kennedys seat goes I was
09:18
out by several inches to make him a
09:19
better target as he rounded the corner
09:21
let’s see and the Secret Service on the
09:23
front with League Island the elliptical
09:25
eight of the leaner the only one I have
09:26
a lead
09:27
he seems Kennedy was fascinating to
09:28
destroy the car they took the car
09:31
somewhere in the destroyed it vote with
09:33
no way to get any evidence out of a car
09:34
any right then he then another thing
09:40
isn’t usually in presidential entourage
09:41
the vice president of a car behind right
09:43
is the president is the vice president
09:45
somehow it’s chained in the last minutes
09:48
with John King cars like et that’s six
09:50
and seven cars behind and as they goes
09:53
with me as they round the corner he
09:55
looks freezes he’s looking at the
09:56
entourage he claims that you know that
09:59
Johnson’s thighs her thighs them billet
10:01
you guys advice for the full board the
10:04
shots ringing out of course but he
10:06
claims of Duncan dies to the front of a
10:08
car two and a half seconds before the
10:09
first shot a great moments do you think
10:15
this never got up anyway I the charming
10:21
coming doctrine the also clearly suppose
10:25
every problem up until now nobody said
10:27
who the killer was
10:27
I mean the killer a Secret Service agent
10:29
sitting in the front Robert Bowser
10:31
whatever think was wondering why he
10:33
never got that published in any race
10:38
first thing is Teddy Roosevelt buddy
10:40
revives an old proposal for a new camera
10:42
department Commerce and labor before
10:46
that there was no commerce department
10:47
wasn’t a labor department serve as a
10:50
means of subsidizing and regulating
10:51
Commerce and Industry
10:52
amelie start them very quickly he also
10:55
urged the Federal Board like the ICC to
10:58
supervise industrial combinations in
11:00
other word like the ICC for the railroad
11:02
this is a Morgan
11:03
position official morgan position which
11:05
most big businesses are now adopt them
11:07
in the next few years that we need i
11:09
keep repeating this on and on we need to
11:10
do for industry in general what the ICC
11:14
did for the railroad notice for not to
11:16
they did for the railroad they helped
11:18
the railroads like our lysing them i
11:20
self-regulating them keeping it out by
11:22
raising rates for keeping our
11:23
competition just as we needed an ICC
11:26
from the railroad we also need now
11:28
Federal Trade Commission America but all
11:30
Commerce Commission whatever for general
11:32
industry and the work to Carta lies
11:34
industry in general like the right CCD
11:37
for the railroads so Roosevelt starts
11:39
talking about that immediately before he
11:40
writes his speech he clears it with two
11:42
friends two good friends and advisors
11:45
George W Perkins Morgan partner and
11:51
Robert bacon Morgan important these two
11:55
guys yes yet great stuff
11:57
teddy far away so from the very
12:01
beginning yeah it starts with Morgan
12:06
partner as a matter of fact as soon as
12:09
the election 1900 was over I should say
12:11
I should say this before the
12:12
assassination soon as the election is
12:14
over in late November Teddy Roosevelt
12:16
now vice president gives a lavish dinner
12:18
in honor of who JP Morgan their people
12:21
without JP Morgan he would never have
12:22
achieve his stature which of course is
12:25
true no gift was ever more desert so it
12:31
so as I says his first first message to
12:33
Congress after McKinley insanity Falls
12:35
for checking with Perkins and bacon to
12:38
top Morgan partners he calls for federal
12:42
regulation of corporations a Commerce
12:46
Commission of some sort to regulate an
12:48
industry to investigate corporation the
12:51
first thing he pushes what he pushed
12:53
remember I said on the tape
12:55
Jeremiah W Jenks Cornell University
12:57
economist one of the football new breed
12:59
economists compulsory publicity
13:03
corporations you have to open their
13:05
books the federal regulations so that we
13:07
know everybody knows what their prices
13:09
they’re just you know what that price is
13:11
they’re charging what they’re doing is
13:12
that correct I know that’s what this
13:13
means again you know from cartels
13:16
cartels break up one of the things that
13:18
breaks on current television because
13:19
secret price coming for the cartel up
13:22
those are warning compulsory cartels in
13:25
the Morgan interests the one a personal
13:27
form of the first step approach free
13:29
publicity
13:29
don’t let them have secret price cutting
13:31
this is one way to do it so it sounds
13:34
very democratic it sounds great a book
13:36
city is good secrecy is bad but what it
13:38
really means is the breakup car towns
13:40
the heat cartels make them being broken
13:43
up by not allowing secret price coming
13:47
there Jenks was the first economist
13:51
theoretician proposed free publicity and
13:54
this of course was a Morgan Morgan line
13:57
and throughout the summer of 1902
14:01
Roosevelt was first summer in office he
14:03
peppers his speeches constantly with
14:05
coral compulsory publicity in order in
14:07
order of occur but he called business
14:08
evils
14:09
he found a strong ally the Attorney
14:11
General we inherited from McKinley but
14:14
you just become Attorney General like a
14:15
few months before a very important
14:17
figure named Philander Knox Philander
14:21
Knox was a Pittsburgh corporate lawyer
14:26
and therefore of course of tool the
14:30
Mellon interests and Mellon National
14:33
Bank was a major financier of Pittsburgh
14:37
very closely pining with Frick and
14:39
Carnegie
14:39
on any steel trick what are you 60 on
14:43
first what happened as a 1901 just about
14:49
this time you see is a partly Frick
14:51
merged into the u.s. steel in other
14:53
words virgin’s great Morgan Empire carne
14:56
asada
14:56
wanted to retire and so loud who the US
15:01
Steel Corporation
15:02
so in other words Mellon with pride in
15:06
blender not become a Morgan tool by
15:10
virtue of its connection with melon
15:12
Carney in Mullen Carney Frick interests
15:14
so he was very happy to start this
15:16
fantastic campaign of Teddy Roosevelt
15:20
I’ll mention of that gift in a second I
15:22
think by the way who’s now make your
15:24
shareholder of course freakin Carney
15:25
major shareholder than us steel for
15:27
rapine in through wealthy you own a
15:30
business you’re a big shot in the
15:31
business to sell out of a big holding
15:33
company you become a major Cheryl and
15:35
the holding company if you’re tied in
15:37
for the Morgan interests are more or
15:39
less permanently when Frick figures not
15:45
know Knox is now urging that working
15:47
Teddy Roosevelt established Commission a
15:49
compulsory power at the paint
15:50
information a subpoena information from
15:52
corporations and a report to the
15:54
President and Roosevelt led submits this
15:58
proposal or Congress early 1903 a new
16:01
department Commerce and labor G already
16:02
proposed plus this new poll sorry
16:04
publicity power and something called a
16:07
bureau of corporations could be a
16:08
passionate new department so as I say it
16:14
was the Morgan the Morgan line the there
16:23
had been a previous u.s. Industrial
16:25
Commission which late McKinley had
16:27
launched late in this administration
16:30
where Jenks is again running this thing
16:32
also collate her pulse rate Felicity old
16:34
fits into the new trends and the and and
16:41
then Roosevelt and say submits this bill
16:43
of Congress you should have a bureau
16:44
corporations with a power to the feel
16:46
subpoena corporations books and so forth
16:48
so on the first big in regulatory agency
16:51
for business in general the major guy
16:54
pushing of course is George W Perkins
16:55
Morgan partner Morgan’s main guy on
16:58
politics who lobbying a thing through
17:00
Congress and
17:04
and Perkins by the way with the main guy
17:05
I will help Morgan form US Steel and
17:07
International Harvester the two big
17:09
Morgan industrial crust 1901 the Perkins
17:23
and Roosevelt’s Park Roosevelt’s
17:25
formulating his famous doctrine which
17:27
Perkins also was formulated for him
17:28
they’re two kinds of trust they said
17:31
very famous even the Oaxaca story answer
17:33
you proclaiming a good trust and the bad
17:36
front good trucks are great they should
17:40
be sponsored and helped bad trust badge
17:42
be broken up what is the criterion for
17:45
good trusted man trust all are the real
17:47
criteria so subjective
17:49
well the Teddy Roosevelt likes them or
17:51
not and in practice what it meant the
17:52
good trust with a Morgan front
17:54
Morgan goodness I mean general the
17:59
General Electric it means do a steel
18:01
International Harvester etc the bad
18:03
trust or anything connected with
18:05
Rockefeller and Harriman now we get back
18:08
to the my definition this is our the
18:12
moral criterion goodness abandoned
18:14
Morgan good Rockefeller bad
18:18
Oh Herriman I know if I mentioned this
18:21
or not yep I did I repeat it Hamlin was
18:24
a bringing Wall Street broker we started
18:27
when I guess he marries the girl and get
18:30
the inheritance small we’re in upstate
18:32
New York and those up from master
18:34
financial genius and those no question
18:37
about that becomes a big railroad owner
18:40
and starts and really the thought
18:42
running Central Pacific gets controlled
18:45
several Pacific and Southern Pacific and
18:47
moves in on Union Pacific and I’m Sydney
18:49
on Northern Pacific and moves our Lord
18:52
the Pacific and and this is Morgan have
18:55
been controlling it as a pendant for
18:56
commendeth fight around like you know to
18:58
around this whole period you see
19:00
tremendous fight stock fight between the
19:04
Morgan and Hill on the one hand killer
19:08
Great Northern a formal alliance keep
19:10
control Northern Pacific versus era
19:15
metals trying to get a hold of it comes
19:18
a big railroad tycoon Harriman join up
19:21
with Rockefeller pouring a lot of money
19:22
and Khun lo of is the investment banker
19:26
this is whom well coming up fast the big
19:30
cultural problems he Morgan and cool oh
19:32
cool of with german-jewish investment
19:34
bankers in New York and getting a headed
19:38
by Jacob Schiff and these former titanic
19:43
struggle preparing fight stock fight
19:45
between the morgan hill forces versus
19:47
the Herman Rockefeller kumo of course
19:49
the interesting thing is Herman
19:50
Rockefeller women have been a line
19:52
almost ever since this alliance can
19:54
pinion from now making the one and pro
19:57
1940s let’s say the and Morgan Hill
20:04
finally won out they form them for a big
20:08
struggle by late morning for stated
20:10
Rockefeller and also hated Harriman
20:11
bitter bitter hatred of Harriman
20:14
caramels challenging Morgan on railroads
20:16
Morgan run pack own tightly every rare
20:18
all of a sudden this young puppet young
20:20
whippersnapper
20:21
challenging the great Morgan your freaky
20:23
little punk examines one of the many
20:25
references to Harriman by Morgan also as
20:28
a cultural problem here Harlan being
20:29
short and thin and Morgan being big tall
20:32
strapping figure the coach I should be
20:34
short people have fault before me so if
20:37
you like this is insignificant at all
20:40
it all works in or works out the Great’s
20:43
of the picture any right over the
20:46
personal hatred of between the two in
20:49
addition of their economic like and I’m
20:51
like struggle financial struggle any
20:53
right yeah
20:54
the so think so what Haley but finally
20:58
hammers in by 1902 of the Morgan twins
21:00
that but they have to come to an
21:01
agreement where they form a northern
21:02
securities corporation if the holding
21:08
company for both Great Northern which
21:10
was Hills railroad remember the the one
21:14
going up around a Canadian border the
21:16
Apple and Northern Pacific which went to
21:18
Portland and combining both of them
21:21
known only the shareholders combined
21:23
their shares and get they all become
21:24
shareholders one Great Northern the
21:25
Securities Corporation they worked at
21:27
after about two to one for Morgan other
21:29
words I think there were fifteen members
21:31
of the Board of Directors and ten of
21:32
them on Morgan people five of them were
21:34
Hammond rockefeller people so anyway
21:40
around around 1902 this the oh by the
21:50
way I thought I just mention that my
21:53
1903 when Teddy Roosevelt riving through
21:56
the bureau corporations bill through
21:58
Congress
21:59
Rockefeller Rockefeller all in favor of
22:02
this news trend toward show red dark
22:04
dust your business government
22:06
cooperation however
22:08
problem wasn’t he now Morgan and
22:10
Rockefeller now with big odds hated each
22:13
other so Rockefeller lobbied against it
22:15
in other words Rockefeller and as
22:17
Standard Oil argue about the only big
22:19
business group that argued against the
22:21
bureau of corporations bill set up as
22:23
your or eventually regulate industry and
22:27
and Teddy Roosevelt then really black
22:30
flashes and it says that apparently what
22:34
happened was with john d rockefeller jr.
22:36
so telegram to various congressmen
22:38
urging them not to pass the bill Hetty
22:40
arose will hold the press conference
22:41
says Johnny alcohol a senior did it work
22:43
Johnny one of us Cena generally hated by
22:45
I’m working with everybody
22:46
nobody ever heard of Johnny Rockefeller
22:48
jr. pet eros I’ll just have escalated it
22:51
wide about who’s actually sent the
22:52
telegram and and a bill passed before he
23:01
appointed a commissioner of the
23:02
corporations named Jean de garfield me
23:03
check with Frances Lind Stefan who was a
23:06
attorney from Houston Morgan to make
23:08
sure that that was okay we get another
23:10
one of those pop advisors remember set
23:12
some the same guy who was Grover
23:13
Cleveland company advisor and also more
23:17
partner so we have a Morgan ection
23:20
moving in here even though the bozos
23:22
were Republican of Cleveland with a
23:23
Democrat a very different ideologically
23:25
the old boy amount of Morgan dominating
23:27
Morgan denomination well round like you
23:31
know three every passes this strange
23:33
thing happens namely that petty arose
23:37
well ever having a cozy arrangement with
23:39
a US Steel Crossland general
23:42
International Harvester and all that
23:43
starts takes the Sherman Act out of the
23:46
closet which was unused since Sherman
23:48
passive that letter nobody cared about
23:50
it the only thing the only effect I have
23:52
was instead of having cartels they have
23:54
murderers over late 1890s is a great
23:57
merger boom fair court tells my violate
24:00
the Sherman Act would murder suddenly
24:01
once the mergers are really worse than
24:02
cart cos I’m going to the consumer there
24:04
so the more permanent nice cartel can
24:06
dissolve and break up merger is very
24:09
difficult to break up so there’s all the
24:11
antitrust activity it sports a stronger
24:14
trust
24:15
so the stigman would have been without
24:16
it anyway it was a dead letter had never
24:18
been used all of a sudden petty roles
24:20
were picked out of cause and use it
24:21
savagely good breakup Standard Oil other
24:23
words how do you Roosevelt breaks them
24:25
the the informal before that they
24:28
Rockefeller Morgan competition was much
24:30
more polite much more was women in
24:32
certain rules of the game
24:33
Morgan was running a Democratic Party he
24:35
was a paper of the gold standard and
24:36
free trade and Rockefellers in the favor
24:39
of Paris and inflation but really wasn’t
24:41
that it wasn’t a savage war of the night
24:42
all of a sudden Rockefeller breaks
24:44
though I mean broke to me
24:45
Roosevelt breaks the rule and start
24:47
votes for the jugular
24:48
we have to break up Standard Oil for bad
24:49
trust and have to smash it and this is
24:52
very it was very sort of going for broke
24:54
he’s not an average attack and Standard
24:58
Oil you also try could break out a lot
25:00
of security cooperation and most
25:02
historians say that was the show things
25:04
also have Morgan but the result of the
25:06
judicial decision was the benefit the
25:08
morgan forces in the word they broke it
25:11
out they had a new arrangement and
25:12
resulting Rangers have reinforced
25:14
Morgan’s control over northern
25:15
securities in northern I love Northern
25:17
Pacific so this is really a pro Morgan
25:19
action even though historians say what
25:21
Morgan didn’t like it and so forth of
25:23
the really matador pro Morgan act but
25:25
the key thing is in this warfare was
25:28
that was to open up the try to break up
25:31
staying in oil is being evil in
25:32
monopolistic secretary honey general
25:37
Knox is happy to do it
25:38
the Morgan person and but the question
25:43
is here why doesn’t it has nothing
25:45
satisfactory dealt with by historians
25:47
why do they do this why did the Morgan’s
25:49
aside of overlap
25:51
I should also talk about Teddy Roosevelt
25:54
cabinet and this is a knock okay Teddy
25:57
Roosevelt appoints Elihu root the
26:03
Secretary of War and become Secretary of
26:05
State State Elihu root
26:09
well had been secretary warren a
26:11
McKinley but a minor figure hello Hugh
26:14
root was a Wall Street lawyer very
26:16
important Wall Street lawyer was a been
26:19
a top lawyer for Thomas fortune Ryan in
26:21
New York City chance ear and then from
26:23
Morgan as a matter of fact he resigned
26:26
the Secretary of War in order to help
26:27
Morgan the son Morgan in a little
26:31
securities corporation also the Morgan
26:33
investor in China even personal attorney
26:35
for JP Morgan he then comes back and
26:38
Secretary of State the Teddy Roosevelt
26:39
all the top advisers originally he’s
26:42
supposed to be Roosevelt’s successor at
26:44
president I was matter-of-fact wheezing
26:47
return of Danny people I can’t really
26:48
run for president in 1908 because I’m a
26:53
Morgans lawyer I can’t run uh some more
26:55
I mean have to be bigger better front
26:56
than that and nobody’s another like me
26:58
I’m openly none of them Morgan Morgan’s
27:01
personal lawyer
27:03
Assistant Secretary of State got a huge
27:05
Secretary of State his assistant
27:08
remember those days there’s only one
27:09
assistant didn’t have a whole fleet of
27:10
deputies under secretaries and lot sort
27:12
of stuff now as they do now it was
27:15
Robert bacon Morgan partner thank you so
27:19
here totally Morgan control the
27:20
government now Teddy Roosevelt comes in
27:23
Secretary of State Liu Liu under
27:25
secretary robert bacon Morgan partner
27:29
Postmaster General is the name George
27:31
fun Meyer who was a Morgan agent I’m
27:38
agent have some Morgan Secretary the
27:41
Navy is gonna pull more in with
27:42
industrialist and a Morgan president
27:44
equitable life insurance company which
27:46
is a Morgan company former vice
27:48
president Atchison Topeka and Santa Fe
27:51
Railroad I like you
27:52
Albert bacon assistant secretary so we
27:59
have postmaster generals and Morgan
28:01
person secretary a navy of the Morgan
28:03
person which is more important than the
28:05
secretaries of the war because the Navy
28:06
is the major military arm the Assistant
28:11
Secretary of the Navy
28:12
maybe he’s told Morton or the Morton
28:16
Morgan financial interests and assistant
28:20
secretary maybe Herbert’s ackerly with
28:24
Morgan son-in-law I think it was closer
28:27
than that the assistant secretary the
28:30
total frankly dominant Morgan
28:32
administration the also edition of that
28:39
rule is extremely important group from
28:41
root come with most of our foreign
28:42
policy establishment ever since right
28:44
now they’re almost go be in one month
28:46
look the cycles for example routes make
28:49
your disciple with guy named Henry
28:50
Stimson
28:51
[Music]
28:52
heroes with a little partner and
28:54
disciple of protege of Ruth becomes
28:58
District Attorney of New York and then
29:00
guess it gets a Republican nomination
29:02
governorship of New York through the
29:04
Teddy Roosevelt intervention and
29:09
similarly with the mentor of actress and
29:12
being actress and it was very important
29:13
of course and Roosevelt Truman
29:14
administration’s and that system of the
29:17
mentor Bundy to Bundy brothers who
29:19
school sort of an out of our statesmen
29:21
but there Bickley running them at least
29:23
the Democratic wing of the foreign
29:24
policy establishment so those are all
29:27
studies with eeny ology stemming from
29:30
Ruth
29:30
Luke Simpson Atchison old Morgan when
29:33
you say roots as an actress really
29:34
Morgan the Morgan byway was so satisfied
29:39
with Teddy Roosevelt’s performance in
29:41
office he personally donated $150,000
29:43
for head heroes re-election campaign in
29:45
1904 in 1904 after here he’s trying to
29:52
savagely break up her Santa Doyle poor
29:56
Rockefeller called a big business group
29:58
supported Teddy Roosevelt’s reelection
30:00
one on the landslide
30:02
except for Rockefeller who support of
30:03
the Democratic choice judge George
30:05
Parker who got the wiped out some
30:07
unknown for you
30:11
so the question is why did why did Teddy
30:16
Roosevelt do this and like attention is
30:17
which I guess I said on the tape like I
30:20
think it seems to be related to the
30:21
whole international oil war that
30:23
developed around 1900 the fact that
30:24
Standard Oil should the dominant in the
30:27
foreign oil markets Asia and Europe not
30:32
being challenged by the Nobel royal
30:34
dutch/shell of growver such an elysian
30:39
English group when I asked by the
30:41
Rothschild and that this has a mighty
30:44
international oil works doctor around
30:45
1900 opinions we’ve really about 40
30:47
years at least you know world buck shell
30:50
group watch our other children benleah
30:53
I’m saying as well and so what you have
30:56
is a titanic struggle covering the
31:00
entire world really to positive and
31:01
simple think politics and Persia and God
31:04
knows we’re wrong everywhere South
31:05
America Asia and other places between
31:08
span of the oil and rock Joanne Chris
31:10
Morgan being associated with Rothchilds
31:13
Keith me makes a lot of sense that the
31:15
Morgans savage attack on John
31:17
Rockefeller there’s not a coincidence
31:19
and have adjusted by the time when the
31:21
international oil competition in really
31:23
serious between Rothschilds and the
31:25
Rockefellers so that’s my hypothesis I
31:28
can’t prove it there’s nobody really
31:29
investigated can you make a lot of sense
31:31
why does penny Rosaline break they
31:33
suddenly break the rules and go all-out
31:35
for the jugular go for the throat he’s
31:38
means connected early the international
31:40
World War the anyway so so the penny
31:50
rose was really nominated and and and in
31:55
reelected and begins this whole
31:57
aggressive era or if they run politics
32:00
and federal politics really begins with
32:01
teddy
32:04
[Music]
32:08
I can say I’m gonna give you one in the
32:12
next hour I have in my briefcase reading
32:15
to the next block of like a period like
32:17
a few weeks that yeah essentially the
32:18
rest of the Coco Weinstein books with a
32:20
couple of exceptions chapters which is
32:22
not exempt I’m banking a things as old
32:24
as though tarik but the Weinstein a Coco
32:28
faux another girl another toll
32:30
progressive period at some length and
32:31
it’s a key
32:32
he asked like of a whole thing because
32:34
this is the beginning of a modern
32:35
warfare warfare state I expected really
32:37
proud for Western world but the same
32:40
things are beginning to happen in
32:41
Western Europe to the what we have is
32:46
the the big business as I say Morgans
32:49
and even the Rockefellers at least in
32:51
the abstract or they don’t like the way
32:52
it can run essentially saying look we
32:55
tryna monopoly in a stream market it
32:57
doesn’t work with try cartels we find
32:59
mergers that don’t work therefore we
33:00
have to turn on the federal government
33:01
to impose it for us of course cartel
33:03
also state and local governments and
33:05
we’ll see to supplement it we have to
33:08
sell it to the public we can’t say we
33:09
want a monopoly we have to Excel
33:11
Republican bases are attacking big
33:12
business because of the threat we need
33:14
the federal and state regulatory
33:17
commissions to guide the general welfare
33:19
to curb big business to have to have
33:21
democracy and other stuff and they
33:24
didn’t a turn of allies and this thing
33:28
bigger this turn to intellectuals who
33:30
are coming up mind electro technocratic
33:33
cetera who arriving in this period for
33:36
their own agenda
33:40
the and that you have the importance of
33:43
a once nice chapter one of the National
33:45
Civic Federation which is a alliance of
33:47
big business and and the rest of
33:50
intellectuals and intellectuals are
33:53
coming up and many many fields various
33:56
various groups who are coming
33:59
professions engineers for example you
34:00
could be to environmental we’re not even
34:02
going university listen sit there on the
34:04
job pipes they then become professional
34:07
engineers civil engineers like little
34:08
engineers all that the only one part of
34:10
a pie they want to run the system they
34:11
want and whatever they want privileges
34:13
and they want to keep out competition so
34:16
the government and such they set up an
34:19
alliance such as engineers psychiatrist
34:21
medical doctors were going to many of
34:23
this stuff positions become a historian
34:25
social scientist all these I become they
34:27
get a PhD for example it had been no PhD
34:29
before the only ph d–‘s were an
34:32
especially in germany now united state
34:34
there were no PhD people about 1880s
34:36
seventies eighties i think john hopkins
34:38
started it he didn’t have any idea
34:42
everybody has to go to college either
34:43
very small fortunate people want their
34:44
company be percent of the population
34:46
everybody else everybody else started
34:47
working so the idea of being
34:49
professional graduate school people and
34:51
professional political scientists and
34:56
whatever it’s only start in 1880s and
34:57
sit there were no american school giving
35:00
PhD they won’t went to germany and what
35:02
the university of berlin and get envious
35:03
over and so on and then Germany they
35:05
imbibed German ideological set up which
35:09
in those days was the channel or had
35:10
become welfare warfare state oriented by
35:14
the sort of stated in the collectivism
35:15
in Germany they came back fired with
35:18
enthusiasm is a great stuff because it
35:22
meant for one thing and these
35:23
intellectuals one could plant help plan
35:25
the system government planning a system
35:26
they gotta have some people will do it
35:28
who’s gonna do it this expert in the
35:29
field engineers will have a plan
35:31
industry economist will help plan
35:33
everything historians will help do
35:35
something political sign to help plan
35:36
stuff so they become planners they also
35:39
become
35:40
apologists for the system they become
35:41
higher court apologists explaining the
35:45
public might have government planning
35:46
government war government Rachel
35:48
experimentation or for other stuff so
35:51
the lecture will become an apologist for
35:53
the system and what’s of planners and
35:58
also the government can supply
35:59
intellectuals with guild restrictions
36:02
with monopolies restriction ISM keeping
36:04
out competition licensing the fear like
36:05
the thing doctors licensing hospitals
36:07
licensing engineers whatever it is a key
36:10
path and restrict the supply of the
36:12
people in the field rather than the
36:14
fight wage rates and the y axis and
36:18
quantity in the x axis this is a number
36:20
of Engineers or physicists or wherever
36:22
you can get licensed them you restrict
36:24
the supply and raise the reason wage
36:26
rate in other words government can help
36:28
intellectuals by running the job status
36:31
helping plan the system apologizing
36:34
system and also restricting entry
36:36
restricting the field totalizing in
36:38
other words and what can I do let you
36:40
will do for government will agree
36:42
something I can tell about life color
36:43
people while a government intervention
36:44
is necessary and just a correction and
36:47
modern look at other things in other
36:50
words what happened here is in 1900 or
36:52
so II begin the reach forging of the
36:54
Alliance which had been the standard of
36:56
life all through history really
36:57
in other words from the dawn of
36:59
civilization in prophase II 17th century
37:01
18th century the government the world
37:03
was run by governments which were such
37:04
the alliances of the King which is the
37:06
state the king of nobles and stained
37:09
apparatus and to lecture to apologize
37:11
for the state tell the public wireless
37:13
thing has to be obeyed the king ruled by
37:16
divine right the king is justin wise and
37:18
good and necessary 7 cetera in some
37:20
cases the king of even divine hand soft
37:22
and oriental civilizations when the
37:24
intellectuals would get our way whether
37:25
they came the king of the vine thing was
37:26
god of itself he is going out to a banty
37:28
noi might be a pert
37:30
it’s don’t God himself okay so it like
37:33
you’ve ever by the ideology engineering
37:36
the consent of Republic to the rule of
37:38
the government and then return for that
37:39
they get cut in on the sum of a part of
37:42
a cut of the loot this is the of course
37:46
before the 17th 18th century OMA thought
37:48
like to over churchmen there were
37:49
priests they were ministers whatever you
37:52
want to call them we’re not laying the
37:53
lecture there were no pamphleteers
37:55
professors or whatever works outside of
37:57
the church that’s all you have is a
37:59
state domination by state and church
38:00
were thrown in all her another way to
38:02
put it
38:03
grand alliance between throne with the
38:05
king and the priest over and the
38:09
american idea of separation of church
38:11
and state is a very extremely important
38:13
not just cuz it’s slogan
38:14
the idea is you prevent a link up it
38:17
means to powerful institution between
38:19
the government and it’ll and
38:21
intellectual to organize opinion so to
38:24
speak pinion bowling because if they’re
38:26
allied together the average citizen is
38:27
gonna be screwed dominated by this
38:29
alliance if you prevent them the
38:31
alliance you’ll have independent
38:32
judgment room for independent judge you
38:34
for checking checking on the check on
38:36
like pain for example you don’t allow
38:38
separation if you prevent this kind of
38:41
alliance or merger in state in church so
38:46
but then in the 18th and 19th century
38:49
basically intellectuals were religion
38:52
was more or less separated from
38:53
government there were also lay
38:55
intellectual secular and like to other
38:56
not churchmen independent pipes
38:59
now what you begin to have now the
39:00
progressive period of the real
39:02
re-emergence in a different form of no
39:04
church state online from World Alliance
39:06
the Alliance of government and
39:08
intellectuals of the King the president
39:10
Viviana : lately
39:12
few early whatever they determined and
39:14
intelligentsia each one getting of the
39:18
old world position or old Cody position
39:20
of a Goliath the church telling the
39:22
state telling the public why they have
39:24
to obey the king and the king cutting
39:25
the church and part of the swag same
39:27
thing is not happening in a different
39:28
form but secular intellectual and
39:31
religious are my tools to the pie at
39:33
this Minister has come in here to of
39:34
course in a big way as we’ll see you the
39:37
Progressive Party so what you begin the
39:40
as a new form a secularized version of
39:43
the throne over a concept many of these
39:46
intellectuals by the way this links us
39:47
for the whole quietest liturgical stuff
39:49
many of these guys the progressive
39:51
political scientists economists
39:53
historians etc or originally extreme
39:57
pietistic have a gun with every cape
39:59
I’ll give you a case study of it today
40:01
and what happens almost every case these
40:04
guys were born in the Yankee farm
40:07
country upstate New York and most cases
40:09
are upstate you know more than Indiana
40:10
or something like that they’re because
40:12
they’re born in them extreme Pyatt
40:14
that’s Protestant sects a Campbell like
40:16
sex for example things like that they
40:18
done go to college they’ve become
40:21
atheist they drop their their religion
40:23
they finally come to inclusion at
40:25
Sciences that law was religion of
40:27
science shows that religion is
40:28
ridiculous or whatever and it becomes
40:30
secularized hiatus and was instead of
40:32
instead of saying the government you
40:33
need the government in order to have
40:35
salvation we have to stamp out sin now
40:38
they say we have to stamp out sin
40:40
quote-unquote for the benefit of the
40:41
public welfare of general good it’s that
40:43
we have to stamp out capitalism or
40:45
private property or whatever happens to
40:46
be and was we have a government crusade
40:49
so the secularized version of a
40:51
religious pietism usually by the same
40:54
guys it’s transferring their their
40:56
imagery of their allegiance from from
40:59
the church or from salvations who being
41:03
born-again the salvation from government
41:05
government as Richard W
41:07
Ely major figure anything economics
41:10
profession shipping economic some lays a
41:15
sphere of progressive government
41:16
intervention Richard W eely eely eely
41:19
said he started out of a government as a
41:22
pious minister and one coke familias I
41:28
think magnificent sums up the whole
41:29
thing so government is God’s major
41:31
instrument of redemption are on the line
41:34
that again government is God’s major
41:35
instrument of redemption other words the
41:36
way to redeem salvation is the use of
41:39
government power of the utmost fix
41:41
everything else to cure everything and
41:43
run everything is so for and so on this
41:45
is
41:45
he was a major progressive economist
41:47
progressivism clearest his assistant he
41:55
might be in Berkeley Wisconsin the
41:57
founder of the so-called Wisconsin idea
41:58
the system was not to the pain Big Shot
42:01
and Teddy Roosevelt organizations and
42:03
Newton National Civic Federation in
42:05
wrestling yeah what community maybe you
42:14
need your organization well he follows
42:18
us it’s tough the National Civic
42:19
Federation one clear example which
42:22
founded by big business groups include
42:24
progressive intellectual social workers
42:28
few labor union leaders Technic rats
42:32
whatever oh you mean the I’m not talking
42:39
about the individual way with you I’m
42:40
talking about this is these are
42:41
ideological organization sort of that
42:43
other word National Civic Federation is
42:45
a big business group including economist
42:48
and lecture social work or something
42:50
like that push for government regulation
42:51
and we’ll sort welfare state as governor
42:54
regulation in general I thought my labor
42:56
unions and other organizations to
42:58
organize for government intervention
43:01
there’s all sorts of the Progressive
43:03
Party there’s all sorts of clubs and and
43:07
lobbying groups things like that think
43:10
tanks where all these people get
43:13
together I’ll mention a couple natural
43:14
Civic Federation in the famous case the
43:17
leading group from up at the World War
43:19
one that’s in a white sign book
43:26
it has more tennis as well the Morgans
43:28
people have a little big business people
43:31
plus a whole bunch of economists
43:32
historians local scientists on my blog
43:34
if available they are all
43:36
representatives like that so they put
43:38
union labor union for craft of the late
43:40
1930s so anyway when we get back from
43:50
the break I will talk about two things
43:51
in particular two example the Teddy
43:53
Roosevelt government regulation which
43:55
have been misunderstood one of the meat
43:56
packing paper meatpacking regulation the
43:59
other the the sugar trust Food and Drug
44:02
Act comes in finally mr. Teddy Roosevelt
44:07
okay let’s take a 10-minute break before
44:09
the cameras over an upstate current
44:12
update of the rockefeller Morgan
44:14
situation
44:17
[Music]
44:24
the razor have two examples here Teddy
44:32
Roosevelt regulation important
44:33
regulations both of which were passed in
44:35
the same month from June 1906 as the
44:39
second Teddy Roosevelt term one of the
44:42
meatpacking acts it’s called the federal
44:45
Meat Inspection Act the cocoa has a
44:49
discussion list okay I’m not sure I
44:51
should I wanted to bring you in the
44:53
chapters to rehear wait am I’ll be right
44:56
back we should read nextons of them
45:01
nicely the rest of the book Weinstein
45:05
I’ve already assigned chapter one which
45:07
is National Civic Federation chapters 1
45:11
2 3 4 & 6 where we’ll end up with 8
45:17
which is World War one this is the
45:19
Weinstein chapters dealing with recive
45:22
ISM National Civic Federation also local
45:24
progressive is very important and cocoa
45:29
chapters he already dealt with
45:31
where do you sign one and two dealing
45:33
with a merger movement chapter 3 4 5 7 8
45:38
and 10 I’m just omitting the banking
45:40
stuff going through technical
45:43
like so although very important if you
45:46
want to read it grape inferno cut
45:48
straight on the industrial stuff and why
45:50
thank the intellectual natural Civic
45:52
Federation and local government and Co
45:56
power the industrial national industrial
45:58
regulation including a meatpacking the
46:02
the usual met the standard method
46:04
historical books week until the 60s but
46:07
the meatpacking was in terrible shape it
46:10
took all beef trust of the large meat
46:12
packers armorsmith Cudahy Cudahy and the
46:19
other ones what in Chicago and then a
46:23
lot of local meat packers all over the
46:25
place order houses and the usual myth
46:33
was that progressive myths so to speak
46:35
if you have a meat which was being
46:37
produced meat was disease that with
46:39
purple shape how people were dying from
46:41
other whatever and often Sinclair or
46:43
before a novel called the jungle I’m
46:50
gonna say there was a socialist
46:52
intellectual muck write a novel called
46:55
the jungle and expose the evil
46:59
conditions that are these media in the
47:00
meatpacking industry and so for its own
47:02
long and because of that the public rose
47:04
up and demanded a federal Meat
47:07
Inspection for regulation of meat and
47:09
meat inspection which was then passed by
47:11
Teddy Roosevelt over the objection of
47:12
the meatpacking intrested Palmer
47:14
Slipknot Cudahy opposing you know
47:17
federal control federal regulation so
47:20
this is the general and it’s all
47:22
happened within about a year in other
47:23
words I think the the jungle came out by
47:26
1905 or so and then the Lord’s path 1906
47:32
this whole thing is a lie from start to
47:34
finish every part of this myth is
47:36
incorrect
47:37
so if you’ve heard it or reddit and on
47:38
high school textbooks is going wrong the
47:41
actual situation was very different
47:42
actual situation was with meat pack the
47:44
big meat packers were calling for
47:45
federal inspection for twenty thirty
47:46
years eighteen eighty they were asking
47:49
for they wanted it
47:50
why they wanted but they wanted to screw
47:52
their competitor the small meat packers
47:54
in other words they wanted if you have a
47:56
coarsely of a federal regulation let’s
47:57
say where the federal government says
47:58
you have to fill out twenty forms or
48:00
have an inspector it’s costly it means
48:02
it imposes a high fixed cost an
48:04
operation which means a small
48:05
businessman that’s what competitors
48:07
Shatford and for the advantage is a big
48:10
one in other words if you have a big
48:11
businessman to hire one guy to sit on
48:14
the desk and fill out the form that’s
48:15
more but I can’t do that and I have only
48:17
three employees you can’t have one guy
48:18
doing a full-time form form to fill out
48:21
so these various reason what you’re
48:23
doing is you’re shopping you’re small
48:24
competitors and so the meat packers have
48:28
been calling for government inspections
48:29
is 1880s for one thing also they wanted
48:33
to get European government started a
48:37
prohibit meat imports was then one of
48:39
the protected Island farmers and they
48:42
the excuse whether the foreign for me is
48:44
disease we can import American leaking
48:47
disease the same thing now Argentina you
48:49
know we can’t employ our urgent any in
48:50
beef is disease so you use a specter of
48:53
disease and most people a hypochondriac
48:54
can be induced by coming out pecan react
48:56
these aeration employer to have American
48:59
meat well your pians are doing the same
49:00
thing so the meat packers wanted to have
49:03
a US government and promoter saying this
49:05
meat has been inspected by the US
49:06
government to live there for the
49:08
European governments wouldn’t allow the
49:10
import of that me sort of like using the
49:13
government of socialized your course
49:14
that give you a stamp of approval and
49:17
also of course I say to keep out smaller
49:19
competitors so you’re doing two things
49:21
here your US government by labeling the
49:24
meat of safe so to speak is pushing
49:26
exports and also restricting supply of
49:29
American meat so you’re doing two things
49:31
for the benefit of the large meat
49:32
packers so Chicago meat packers being
49:37
the large meat packers being
49:38
concentrated as I say in Chicago armored
49:40
Swift and Cudahy they got the Chicago
49:42
city government to have inspections from
49:44
a very from you know from the EPA he’s
49:46
on the
49:47
did not keep out there you know southern
49:49
meat packer the small swole meat packers
49:52
in the South small slaughterhouses in
49:54
the West and that sort of thing so they
49:55
wanted to have a federal government do
49:57
it in other words the major meat packers
49:58
these almost wasn’t kind of he was
50:00
behind they were the ones pushing the
50:02
federal Meat Inspection the let’s say
50:08
for many years about 20-25 years and the
50:12
Congress in 1891 began to do that I
50:15
began to have federal Meat Inspection
50:18
the so the problem was that the matter
50:25
of fact they passed I say in any one
50:27
federal Meat Inspection water bike and a
50:30
few years the federal government was
50:31
inspecting about 75 percent of American
50:33
beef
50:34
the problem was that a smaller
50:36
competitors rate will avoid the
50:37
inspection they were able to get around
50:38
that they were not visible so they were
50:40
able to get get through the gate to
50:42
speak so the idea was in order for this
50:45
court teletrac seat you had a force the
50:47
small meat packers to be inspected and
50:49
that was the whole idea I step up the
50:51
enforcement procedures for the screw
50:53
small meat packers another that’s homely
50:55
Packers are the diseased meat they you
50:58
make them fill out as a form of the
51:00
regulations and whatever and also that
51:02
by the way probably the single-most
51:04
petered government agency right now this
51:06
is our RBC IRS you know coming up they
51:08
both her feet you all know that the
51:10
second-most pated out family you work
51:11
with everything is with all visible oh
51:15
wait OSHA the office of safety and
51:19
health administration oh sure we respect
51:22
all small businesses and our goal is a
51:25
crazy safety regulation and my
51:27
brother-in-law for example is a printer
51:29
in West Virginia he said of oh she ever
51:31
came came there to finally force
51:32
regulation in Japan on the key he
51:34
couldn’t operate it was a crazy thing to
51:36
have the wires have to be you know see
51:38
whatever it is talk about three times as
51:40
much as a non assure inspect
51:42
there’s no more safe but just just
51:44
regulations imposed on by bureaucrats
51:47
for example isn’t that always kind of
51:50
kill the sheep herding industry in the
51:52
West because they want they want the
51:54
force of sheep herders ranchers allows
51:59
to have portable toilets for every sheep
52:01
herder hope they were absurd him walking
52:03
around with a big cabin portable cabins
52:06
for toilets and I mean it was extremely
52:09
costly and idiotic and over the
52:10
sheepherders home one of the things that
52:12
he hadhe just somebody in Washington is
52:14
imposing this and then he right so they
52:17
wanted to be Magid a lot of them force
52:19
spreading enforcement for the school of
52:21
the small competitor especially because
52:23
small competitors were growing the
52:28
competitive pressure there were about a
52:30
thousand meat packers might in 1900 by
52:33
1909 or 1600 because as they were
52:36
getting more car dollars a shin getting
52:37
higher profits new businesses came in
52:39
new small and big Packers thing about
52:41
defeats with the Narmer etcetera lower
52:43
cost and all the rest of it so the in
52:50
anyway what happened was that the and
52:53
also another thing is a thick thick
52:55
layers jumbled I had nothing to do with
52:56
it would leave me nothing to do it he
52:58
was concerned with that he was he was
53:00
worried about working condition he said
53:01
the workers aren’t getting paid enough
53:02
not getting enough right
53:04
you didn’t he doesn’t talk about the
53:05
meat that was coming off the meat pan he
53:06
was talking about the conditions or the
53:07
workers in the meat packing plants at
53:10
the he said the whole thing if he will
53:12
he what he was interested a federal Meat
53:13
Inspection he said the whole thing is a
53:15
racket from his point of view
53:16
anyway what stick laters jungle came out
53:19
early 1906 remember this is the novel
53:23
comes down early 1906 the who the law
53:26
was passed in June 1906 it only took
53:28
about three months when the book came
53:30
out J Ogden armor who’s the head of the
53:34
owner of armor
53:35
meat packers one of the biggest Oh is
53:38
one of the biggest meatpacking firms in
53:40
the country he wrote an arc on The
53:41
Saturday Evening Post which was the
53:44
biggest weekly magazine of the current
53:45
popular magazine he defends government
53:48
inspection of meeting he called for more
53:49
inspection and he said how much Packers
53:52
had always favorite inspection always
53:53
push for it which is true these were
53:55
they write quote this is anjana lumber
53:58
March 1906 is colder than cocoa there’s
54:02
a very good discussion invest he says to
54:05
attempt to evade government inspection
54:07
would be from the purely commercial
54:08
viewpoint suicidal no Packer can do an
54:10
interstate or export business without
54:11
government inspection self-interest
54:13
forces are going to make use of it so if
54:15
it looks like why the man’s he shall not
54:17
receive meat or byproducts of any small
54:19
packet either for export or other use
54:21
I left that small Packers plan is also
54:23
official that is under US government
54:25
inspection this government inspection
54:27
becomes this becomes an important
54:28
adjutant Parker’s business from two
54:30
viewpoints it puts the stamp of
54:32
legitimacy and ala see if I’m a Packers
54:33
product and so is him a necessity the
54:36
public it is insurance you have to sale
54:37
disease meets in other words the
54:39
government that put the stamp of
54:40
approval for exporter for nothing firm
54:44
on this meatpacker doesn’t mean a meets
54:46
around it really any better one of the
54:48
problems without government inspection
54:49
is as well as the public and the
54:50
thinking the governor meat is the food
54:52
is good or safe or whatever because it
54:54
has a government stamp of approval
54:55
enough to worry about competitive
54:57
looking at it further which is in many
54:59
cases a mistake
55:01
so what happens is to Alma write the
55:03
article and May 1906 senator beverage of
55:07
Indiana the perfect progressive
55:08
Republican an old friend of George W
55:10
Perkins Morgan partner introduces built
55:13
for meat inspection for poultry immune
55:15
inspection those vigorously supported by
55:18
Secretary of Agriculture funds a
55:20
quadruple for inspection blah blah blah
55:22
it passes unanimously both halves of
55:24
Congress that’s the federal Meat
55:25
Inspection law unanimous a large meat
55:27
packers when the bill was passed
55:29
Susie actually in favor of it because it
55:31
was designed to bring the small Packers
55:33
under federal inspection the American
55:35
meat packers Association endorsed the
55:37
bill Thomas Wilson that’s the other the
55:40
fourth big packer armor swept Cudahy and
55:43
will comments Wilson Lee the head of the
55:45
Wolfson packing company tiny company the
55:49
hearing through the house committee of
55:50
Agriculture on the packing and with Bill
55:53
puts the whole position of a larger
55:55
column Packers he says quote we are now
55:57
and always have been a favor the
55:58
extension of inspection we have always
56:01
called the government inspection under
56:02
proper regulations and advantage of
56:03
livestock agricultural interest and at
56:05
the end of the consumer and of course
56:07
also it means I say that in my poses
56:09
imposes costs on the small firm much
56:11
more heavily than done on the wedge one
56:14
any rate the so Perkins on the bill
56:20
passes Perkins the light and he writes
56:22
the Morgan himself Anissa that’s great a
56:24
little boy says quote would certainly be
56:26
a very great advantage when the thing
56:27
once gets an operation and they were
56:28
able to use it all over the world as it
56:30
will practically give them it’s a
56:31
government certificate for their
56:32
goodness is the word government
56:34
certificate badge of approval the the
56:40
only opposition
56:41
well the opposition was they one of the
56:42
meat packers to pay more of it that was
56:44
the only the only question of who should
56:45
pay for the inspection
56:50
the some of the lecherous opponents of
56:52
business were clear on this thing they
56:54
realized the whole thing was a
56:55
meatpacker scam Senator Nelson for
56:58
example so that the the lower the
57:00
meatpackers Bonanza opted Sinclair that
57:04
I realized that the Lord my back of a
57:06
package against that but I mean nobody
57:07
cared about those in the general
57:08
approval so I have to the law was passed
57:12
Swift & Company and other large plant I
57:14
forgot full-page ads all over the
57:16
country hailing the bill saying was
57:17
great and saying our perp the purpose he
57:22
says it said quote was to assure the
57:24
public only sound and wholesome meat a
57:25
meat food products may be over for sale
57:27
and as a wise law enforcement the
57:29
universal and uniform unquote because
57:33
that’s the meat packing meats hanging
57:34
things that nothing to do with something
57:36
the crazy jungle those with the cover
57:38
the law pushed by the meat packers from
57:40
twenty or thirty years and they probably
57:42
using education about the of them from a
57:45
novel the push through a law they’ve
57:47
been always in favor I mainly there it’s
57:49
got a screw the small meat packers and
57:51
then Takata lies a meatpacking industry
57:52
for their benefit the next case study
57:55
and even more interesting the Pure Food
57:58
and Drug Act which came in in the same
58:00
month June 1906 allegedly to help the
58:04
purity of food or languages now for the
58:07
FDA is now regulating the drug industry
58:10
and what sort of thing
58:11
although the looks like keeps regulated
58:12
for cancer and all the rest of it how
58:15
does this thing start so I thought with
58:16
one guy
58:18
the main a dictator thanked for many
58:20
years name is Harvey W Wylie
58:24
again there’s a Coco Puffs some of us
58:30
still a prototype I think the
58:32
fascinating character reserved a
58:33
prototype of a progressive movement
58:35
Harvey don’t be wily was a leading the
58:40
leading food chemist for the Department
58:42
of Agriculture factories are the only
58:44
food chemist Carl entire culture he was
58:48
born in Indiana of farm boy Walter Scott
58:50
Scottish presbyterian background – a
58:52
father who was a lay preacher in ultra
58:54
pietistic
58:54
Campbell light sec he’s even working by
58:57
physically present in general Campbell
59:00
likes Scottish Algerian second the
59:04
father was a preacher a late preacher a
59:06
Campbell a movement and also the very
59:13
the whole Wiley home was very Sabbath
59:15
herion remember the thing about the
59:16
quietest they kept the Sabbath with
59:18
great enthusiasm can’t do anything in
59:20
the Sabbath except pray anything else on
59:21
Sundays their prey of evil and simple
59:23
goodra then while they go to Hanover
59:25
College which was a Campbell a college
59:28
in Indiana
59:29
it begins with lifelong obsession with
59:31
purity quote unquote
59:33
shirring unquote and we used to get
59:35
lectures to his classmates in school and
59:36
general on a purity of body mind and
59:38
soul importance of purity it is very
59:41
early convinced that the back olan port
59:42
or fouling purity the more the
59:44
perfection of one’s body
59:45
I remember those than the cancer thing
59:48
at the back I was only very recent and
59:49
nobody had that doctrine here’s a
59:53
commencement address valedictorian in
59:55
1867 and Hanover College he combined for
60:00
the scenes of purity Pietism and value
60:02
free medicine court unquote in ways that
60:04
were shadowy later career the acclaim of
60:06
the man must preserve his godlike purity
60:08
of body and mind he exalted a nobility
60:10
of physicians men who quote gar the holy
60:13
Covenant God made with man physicians he
60:16
concluded made man up you can see that
60:18
may not be able to make man in war home
60:19
they Cody may help to make the probation
60:21
state on a proper place of preparation
60:23
probation state of man’s life on earth
60:25
position may help to make the probation
60:28
state a proper place in preparation for
60:29
the precious life the beckons from
60:31
beyond the misty Hill
60:34
after the delivering that’s med from the
60:37
res on purity went on the tutoring
60:38
language is a look Western Christian
60:40
University Campbell on University in
60:42
Indianapolis I mean you went to Indiana
60:44
Medical College I got an MD in 1871 in a
60:47
position he then shifted of interest the
60:49
chemistry becoming a professor of
60:51
chemistry Indiana medical school
60:53
attaining a BS in chemistry at Harvard
60:55
and became professor of chemistry at
60:56
Northwestern Christian it becomes the
60:58
professor chemistry a newly founded
61:00
Purdue University in 1874 so then he
61:03
five years later he studied medicine
61:05
chemistry and physics the University of
61:07
Berlin where he’s inspired by dr. cell
61:09
government laboratory for the detecting
61:11
impurities in food and drink solid
61:13
impurity of soul and went up and then
61:15
you have been a purity of food visit
61:18
Berlin when we pick up another big
61:20
lifelong interest in addition of purity
61:21
sugar chemistry big sugar chemistry fan
61:25
began its permanent alliance with the
61:27
u.s. sugar industry and with government
61:30
the United States comes back here in
61:33
1881 EBS to agitate for the government’s
61:35
protecting the consumer from adulterated
61:36
sugar products Statham in the end
61:40
specifically called for a state
61:42
requirement a sugar in syrup quality
61:44
required a carrying label detailing
61:46
their composition
61:46
beginning of compulsory labeling notices
61:48
analogy here as a compulsory publicity
61:50
for corporation both sorry label
61:54
so by requiring compulsory publicity
61:57
immediate cripple traits traits secrets
61:59
and then with brand name secret thereby
62:01
helping the restrict competition the
62:02
sugar industry that cart Eliza Shirazi
62:04
rates similar proposed to be labeling
62:07
all three ingredients means you can’t
62:09
have like coca-cola can’t have a magic
62:10
syrup or something before that was being
62:12
reading the altar waiting sugar by when
62:19
he didn’t mean poison or something like
62:20
that I had a very peculiar definition of
62:22
adulteration of food and separating
62:25
right doctor I she meant any change in
62:26
the name definition very peculiar guy of
62:29
the Wyeth puts it with a progress
62:32
doctor
62:40
you

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