| Show CAPIT cAPITALIsTS cAPITALIsTS' MISTS MISTS' AID AIDi i 1 IN Great Sums Spent Without Hope of Return House Committee Learns Uy fly y J Pre ceW c. c New eW York Tork Jan 9 t-A t A story ston of or how American capitalists spent vast sums without expectation of or return or profit Ilo to lo aid the government go in Its efforts to supply explosives es for tho the war was wal told today to members of oC tho the house committee on expenditures in tho the war ward d department tin e n t. t I Incidentally n c I d e n tal I y jt t d developed devel dovel- cv ci that thal the time same men had put put at atthe at atthe Ithe the service of their country countr valuable secrets learned from Crom the time Germans for forthe tho the extraction of or nitrogen from front the air Tho Tim committee met to open an Investigation into the expenditures o of 8 for or two nitrate plants at nt Muscle Shoals Ala Frank S. S Washburn president of ot tho the American an Cyanamid com company pan which built one of the time plants plante at Muscle Shoals Informed the committee that the company compan com com- pan pany had made no nio profit prot on over O 80 worth of or war ivar work it had hall j done lono for Cor tho the government The plant cost the time government gO had pro produced uce 1500 OO tons of oC ammonium ni nitrate ni- ni when the armr armistice tice was signed ned and then ceased operating I I I I I I I I I I I I i I I It was Inconceivable to m me sal said Mr rr Washburn ashburn that during the war warI some men of affairs should be he enabled I by tho government so to make largo large profits profIts prof- prof Its and others should gho their services services flor ices IceR for a il year or risk their lives at time the front The Time American C Cyanamid Cy C- company did not riot want an any profit out of or its war work As a matter of or fact It had none Government Government Govern Govern- ment officials insisted that we be paid laid laida Ia a fee of oC J When we receive recel this fee we must pa pay 85 SC per er cent In taxation It has hns not been Leen feasible for tho timo government o to repay repa us liS our entire expenditure We 0 contributed d without expense the services of oC a staff of experts to tho the government Jo We e had to reimburse families of or men Injured In the tIme work There has hns boon hlen a general oner belief boiler that the tho American Cyanamid company compan made mado madea a a. large profit RO so I r tell the facts Tho The plant was ns an extraordinary accomplish accomplishment ment merit with as ns astounding characteristics tics in r relation to constructive work a as the destruction In iii Franco France I was wat astounding compared arr with other other war c destruction eSt Other II t III Mr Washburn j said ald that his company company com coin pany pan ham had acquired acquire time the American rights j to the caul cyanide c process s of or getting etlin nitrogen nitro nitro- I gen en from flom time the air from rom the Gorman German in inventors Ip- Ip In I 1307 1107 with tho time intention of ot I using it In connection with e extensive hydroelectric developments de hm ho had promoted In Alabama When Jam the Lime United Unit Unit- eel ed States was about to enter tho the war i iho ho lie said Maid lie he offered the time servIces of or orthe the company n to the government o but tile they were ern not flot acc accepted until after aftertime Ithe the time government o had hat started work on I another air nitrate plant Ilant at al Sheffield Ala to u use e another process plant according to members o of the tho thoI I committee cost and amid wan watt i I aban abandoned d on after it hind had produced fifty fitly I tons of or ammonium sulphate Col ol J. J I K F. who was sas formerly Ichler chief of tho the gun Jun division was sas asked t by the the- committee about the time necessity for fur building air nitrate plants when shen the o g government had hind on hand I tolLs tonn of or Chilean nitrates tI for or explosives oven even had hind time the built buill air nitrate plants at al Toledo an and Cincinnati been bocim completed d. d Mr V denied responsibility Continued on Ull page pasc 2 I I I I I I I I I I I i I I I I I I I AID OF CAPITALISTS n II IN IM WAR AR IS OUTliNED I Continued from Page e 1 1 u for business dealings of OCI the tho air all nl ni I II I corporation which la Is a Ruh subsidiary ld- ld lar iary lary of or th the American Cyanide company comI company com com- com com- pan pany with the lie Alabama Power company compan company com com- I pan pany and the Muscle Mus-clo Shoals IJIro electric company compan H Ho lie said eald that at at his request government go officials made many contracts for pow power r In this thi connection conI connection con con- I nl cllon that were er necessary san lie JIe e added that the Muscle le Shoals I. I plant would have extraordinary oeo- oeo economic eco usefulness for tor tho the country eventually I |
