"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press. … They found it was only necessary to purchase the control of 25 of the greatest papers. An agreement was reached; the policy of the papers was bought, to be paid for by the month; an editor was furnished for each paper to properly supervise and edit information regarding the questions of preparedness, militarism, financial policies, and other things of national and international nature considered vital to the interests of the purchasers."
by:
Oscar Callaway
(1872-1947) U.S. Congressman, TX-D (1911-1917)
Source:
Congressional Record of February 9, 1917, page 2947, as entered by Representative Oscar Callaway of Texas
https://www.investmentwatchblog.com/congressional-record-from-1917-on-how-government-and-jp-morgan-appropriated-the-media/
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Reader comments about this quote:
I am unaware of exactly how the press became the de facto government's PR branch but, it was quite gutsy for a Congressman to tackle the powers that be. The 5 stars is for a rare voice in an otherwise criminally directed intangible ethos.
 -- Mike, Norwalk     
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    Scary stuff. Ah, the "free" press isn't free?
     -- Sandra, Dallas     
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    Any crap whatsoever can be inserted into the Congressional Record and this quote proves it. This guy was apparently an early McCarthyite. They still exist, just check out liberty-tree.
     -- Waffler, Smith, Arkansas     
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    Facts always elude Waffler -- or should I say Waffler always ignores facts when it doesn't support his agenda. Columbia's Journalism Review has been documenting the ownership and control of the press for a long time. You won't hear any of this from the media -- now you know why.
     -- E Archer, NYC     
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    Archer we know the ownership of the press, thats not the point - but is this agreement still active and if so please provide me with some names and any other facts you may have - enough of all this rhetoric.
     -- RBESRQ     
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    I posted this before: Check out Columbia Journalism Review's 'Who Owns What?' section: http://www.cjr.org/resources/ . A handful of corporations own ALL media in America. As far as JP Morgan and his cronies go, well, there are only but a few banks still standing for they have acquired the rest -- and they provide all the financing for the media as well. If you are asking for proof that the Morgan's. Rockefeller's, and their heirs have taken over the country and many other nations, well, you will have dozens of books to choose from that document that process. Their banks are still ruling over us: Citigroup is one of them, Kuhn Loeb another, Chase is one. There are but a handful now -- they get the bail outs and we get the shaft (again). As long as bankers can create trillions out of thin air with the flick of a pen (or a click of a mouse), we will ever be their slaves. Congress has the power to end all this, but they won't bite the hand that feeds them, so don't hold your breath. Remember, they are but front men for the CFR.
     -- E Archer, NYC     
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    Waffler, don't forget, you have to be back in your ward for bed check at 7:PM. Don't be late or nurse Ratchett will right you up.
     -- jim k, austin     
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    They are like they are because it is the leftists that want to be journalists. It is not because somebody bought control. Some of the most liberal news sources are owned by conservative moguls. The product is gradually going out of style as you can see by all the down sizing over the recent past. They are loosing control over the minds of the population.
     -- warren, olathe     
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    Can somebody give a link to the congressional record where Oscar supposedly said this?
     -- Mac Daddy     
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    Putting things in the congressional record has destroyed the usefullness of what was an actual record of things said in Congress while it was in session. This quote may or may not be true. JPM may very well have done this in the time when he and his cronies bailed out the USA as too many forget. Read "The Creature from Jekyll Island." It's a horror story, but not the kind you might expect from the very creative title. And never forget William Randolph Hearst if you want to understand the media. The news media in all forms ultimately lives or dies based on advertising revenue. Some things never change. Remember that and you will be fine. You also do not want to watch sausage being made.
     -- J. B. Wulff, Bristol, CT     
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    Plank no. 6. "Centralization of the means of communications and transportation in the hands of the State"...We're being told what to believe, who to elect and what to buy.
     -- J Carlton, Calgary     
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    The press has been bought and paid for a long time ago. Leftists are useful idiots that stir up the populace pot in order to further more STATISM. The continued growth and power of the State is the agenda of the bankers because the State is the vehicle for the bankers to wage war abroad and at home. It is not left vs. right, it is totalitarianism vs. liberty.
     -- E Archer, NYC     
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    An interesting fact is that J P Morgan only owned 19 percent of his bank. The Rothchilds owned the rest.
     -- cal, lewisville, tx     
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    Some hidden history which should be taught in high school.
     -- Joe, Metropolis     
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    Here's the proof the quote is accurate.
    http://www.abovetopsecret.com/forum/thread754597/pg1
     -- Diego, America     
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    Remember how "quickly" the Federalist Papers were written and published? Within a certain branch of Defense and Leadership of this nation resides the responsibility to hold fast, maintain, and guard the Sound, Sacred, Ancient Truth and Traditions handed down for thousands of years. Joe McCarthy had excellent ears and eyes, very well trained, in order to reprove and declare openly the hidden enemy within the ranks of power, in State and Church philosophical corruption. Semper FI
     -- Ronw13, Oregon     
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     -- Jim K, Austin      
    I actually had a copy on my computer.  Now it does not open.  ugh,,  Found this for you,
    https://www.investmentwatchblog.com/congressional-record-from-1917-on-how-government-and-jp-morgan-appropriated-the-media/

    It is what I had that will not open now....


     -- Just Thinking, Dayton     
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    It was expunged !


     -- Victoria, Oakdale     
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    It's on page 2947 of the House record, about half way down the right column.  This link will bring up the record for Februuary 7, 1917.  The first page is numbered 1933, so you have to scroll down 15 pages to find the entry.

    Here is a more complete version of the text you will find there:
    se. . . .
    The CHAIRMAN. The 0hair Will recogmze the gentleman from Texas-, a member of the C?mmittee. .
    Mr-F CALLAWAY. Mr. Cha:ll'man, I ask unarumous consent to insert in the .REcoRD a statement that I have of how. !he newspapers of this country have been handled by the murutwn mantrlaeturers. .
    The CHAIRMAN. Th~ gentl~ from Texas ask~ UDfl;Dl- mous consent to extend his remarks m the RECORD by mserting a certain statement. Is there objection.?
    Mr. 1\IANN. 1\fr.. 9hairman, reser~ng !he ri~t to object, may I ask whether It IS the gentlema-!1 s pmpose to msert a long list of extracts from newspt;tper~?
    1\lr. CALLAWAY. No; It will be a little, short statement., not over 2} inches in length in the RECORD.
    The CHAIRMAN. Is there objection1
    'rhere was no objection. . . .
    ·Mr. GALLAWAY. Mr. Chairman, under unammous· consent, I insert in the REcoRD at this point a statement~showing the newspape:r combination, which explains their activity in this war matter, just discussed by the gentleman from Pennsylvania
    [Mr. MooRE] •
    "In March, 1915, the J. P. l\Iorgan interests, the steel, ship-
    building, and powder interests, and: their subsidiary organiza- tions, got together 12 men high up in the newspaper world and employed them to select the most iniluential newspapers fn the United States and sufficient number of them to control gene1·aUy the policy of the daily press of the United States·.
    u These 12 men worked the problem out by selecting 179 news- papers, and then began,. by an elimination process, to retain only those necessary for the purpose of controlling the general policy of the daily press throughout the country_ They found it was only necessary to purchase the control of 25 of the great- est papers. The 25 papers were agreed upon; emissaries were sent·to. purchase the polic-y, national and international, of these papers; an agreement was reached:; the policy of the papers

    being filled with all sorts of preparedness arguments and·mis- representations as to the pre ent condition of the United States Army and Nnvy, and the possibility and probability of tlw United States being attacked by foreign foes.
    "This policy also included the suppression of everything in opposition to the wishes of the interests serv.ed. The effective. ness of this scheme has been conclusively demonstrated by the character of stuff carried in the daily press throughout the coun- try since l\larcb, 1915. They have resorted to anything neces- sary to commercialize public sentiment and sandbag the Na- tional Congress into making extravagant and wasteful appro- priations for the Army and Navy under the false pretense that it was necessary. Their stock argument is that it is ' patriot- ism.' They are playing on every prejudice and passion of the


     -- Carla Rogers, Calhoun     
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    In this case, record shows a coherent, interesting, and relevant  discussion surrounding the quote we are talking about, so your otherwise valid criticism does not apply.
     -- Carla Rogers, Calhoun     
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    Here is the link to the Congressional Record containing the quote and surrounding discussion:
    https://www.congress.gov/bound-congressional-record/1917/02/09/house-section

    The first page of that day's recHere is the link to the Congressional Record containing the quote and surrounding discussion:
    https://www.congress.gov/bound-congressional-record/1917/02/09/house-section

    The first page of that day's record is 2933, the quote is on page 2947 about half way down the right column.ord is 2933, the quote is on page 2947 about half way down the right column.
     -- Carla Rogers, Calhoun     
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    Better proof:

    Here is the link to the Congressional Record containing the quote and surrounding discussion:
    https://www.congress.gov/bound-congressional-record/1917/02/09/house-section



     -- Carla Rogers, Calhoun     
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