back | next
What Nujol Started
In its last annual statement the Foundation reports that, up to December 31, 1948, colleges and public agencies had been given gratuities totalling $446,837,527. During 1948 alone this vast sum was swelled by gifts of $32,930,458.91.
One cannot criticize a college president for accepting huge sums for educational purposes,but college presidents are supposed to be smart. Obviously they are not. A smart college president would look behind gifts from a Rockefeller, for Old John D. was never known to give away more than a dime unless he saw big profits coming back.
He would find that all these gratuities are given to colleges which teach the use of drugs. If he went deep enough, if he asked courageous, intelligent and honest medical doctors they would tell him that about 11,990 of these drugs are useless and about 11,950 of them are downright harmful to the human system.
He would also find that not a dime of Rockefeller money has ever been contributed to drugless colleges, whose students are effecting cures every day that hide-bound, foot-in-the-mouth medicine considers impossible, or at least miraculous. The college president would ask himself why and he would come up with but one answer - the Rockefeller Foundation is promoting the excessive use of drugs while pretending to be engaged in philanthropy. He would also find that the Rockefeller Institute (endowed with $50,000,000) is part of the Drug Trust team. This "institute" engages in research and employs many high-class and capable technicians but its activities are devoted mainly to finding new usesfor Rockefeller drugs, to the end that more drugs may be sold and more profits made for the pharmaceutical houses.
The profits of some of these drug factories, especially those controlled by the Rockefeller industrial empire, are fantastic. The E.R.Squibb Company,during the war year of 1945 (when the serum racket was at its height, and the American armed forces were loading the bloodstreams of all draftees and volunteers with "immunizing" poisons), made net earnings six times its physical assets. [Compare Gulf War Syndrome.]
Moody's Industrial Manual for 1945 showed tangible assets of $7,366,488 for Squibb and net earnings for 1945 of $42,432,472. The profitable war years had stopped by 1947. With the war profits, or else by book-keeping entries, the physical assets had increased to $14,416,783. The earnings had been reduced to $9,601,389.
By watering their stock, they had parlayed this $14,416,783 of physical assets into 1,750,000 shares of stock, quoted on the Stock Exchange of July 1, 1949, at $28.00 a share. Squibb thus has a paper value of $49,000,000, or 333% of its actual investment.
Take Parke-Davis & Company. Their operating income for 1947 was $16,766,060; their physical assets only $14,990,626. These 15 millions of actual value has been parlayed into 4,896,700 of stock now traded at $28.87 a share. Total $141,391,200 - almost 1000% of its assets.
And Sharpe & Dohme. Lederle Laboratories, one of the larger of the biological manufacturers, in 1945 had an operating profit of $29,324,525 and property worth $35,138, 908.Common stock totalling 2,707,026 shares was so valuable that it was not listed or traded in on any known stock exchange.
In 1946 the entire concern was purchased by the Rockefeller-controlled American Cynamid Company and it helped to swell this chemical behemoth's 1948 income to $37,491,894.Sterling Drug, Inc., the main cog and largest holding company in the Rockefeller Drug Empire, and its 66 subsidiary companies, showed operating profits in 1948 of $20,742,382, and physical assets of only $23,979,428. Its 3,890,647 shares were being hawked on the exchange at $39 a share. This totals $151,735,233 of paper value, or seven and a half times the combine's aggregate assets.
Merck & Company had an operating income of $10,120,053, according to Moody's, and physical assets of only $19,965,805. Its 2,200,000 shares of $1.00 par value common were quoted July 1, 1949, at $31.75, and its 190,000 shares of preferred at $106.50. Total - $90,140,000.
A business which makes 6% on its invested capital is considered a sound money-maker is considered a sound money-maker and its invested capital can usually be judged by its actual physical assets. Watering the stock can make its assets look as high as the waterers want it to.
Here is McKesson & Robbins making not 6% but 254% of the actual value involved - when you don't consider the water or the inflated book value.
Squibb in 1945 made, not six percent, but 576% on the actual value of its property. But that was during the lush war years - when the Army Surgeon General's Office and the Navy Bureau of Medicine and Surgery were not only acting as the promoters for the Drug Trust, but were actually forcing Drug Trust poisons into the bloodsteams of our soldiers, sailors and marines, to the tune of over 200 million "shots".
With the war years over we find these profits reduced but still many times higher than the "take" in any business this side of the numbers racket.For instance, in 1948, Sterling made 87% of its physical assets, thus inflating its stock structure and quotations to 632% of actual assets. Squibb showed an earning of 66% and inflation of 338%. Parke-Davis earned 112% of its assets and showed inflation to 956%. McKesson & Robbins, while earning only 39% of its assets, nevertheless, by stock manipulation, increased its paper value to 926% of actual assets.
An extended list of these inordinate profits from the drug traffic is given in another chapter of this book. Is it any wonder that the House of Rockefeller, the most rapacious industrial empire ever conceived by the mind of man, should take to drugs as a money-maker, even if in so doing it eventually makes the United States a country of invalids.
Is it any wonder that the Rockefellers and their stooges in the Food and Drug Administration, The U.S. Public Health Service, the Federal Trade Commission, the Better Business Bureau, the Army Medical Corps, the Navy Bureau of Medicine, and thousands of health officers all over the country, should combine to put out of business all forms of therapy that discourage the use of drugs? We have not gone to drugless practitioners for scientific information on the harmfulness of most of those 12,000 drug items, which in the drug traffic the House of Rockefeller and its colleagues have for sale and is plugging with might and main through all of its high-powered and well-financed publicity avenues. Let's go into the ranks of outspoken medical practitioners for our information.
The American Dispensary lists over 12,000 items of drugs on the market. I am told by medical practitioners that to teach a student these 12,000 drugs or any more than (say) a certain selected 100 of them, is 99.44% a waste of time. But it DOES help swell the profits of the pharmaceutical houses.Let us quote an authority on this subject, Dr. David L. Edsall, who was at one time Dean of the Harvard Medical School:
"I was for a period of time a professor of therapeutics and pharmacology, and I know from experience that students were obliged then, by me and by others, to learn about an interminable number of drugs, many of which were valueless, many of them useless, some probably even harmful, some others relatively valueless - all because they were still discussed in some textbooks, had never been entirely discarded and were sometimes asked about by state Board of Medical Examiners."
Arthur Robertson Cushny, M.D., former professor of Materia Medica and Therapeutics at the University of Michigan, is recognized as one of the world's leading authorities on Pharmacology. His textbook "Pharmacology and Therapeutics" is recognized as the leading work of its kind in the world. In it Dr. Cushny says:
"The more advanced teachers of medicine have very properly abbreviated their lists of remedies, but the student on going into practice meets numbers of drugs previously unknown to him and, not appreciating that these have already been tried and discarded by his teachers, is tempted to fall into the slough of unreasoning empiricism.
"There is still a tendency, even among the educated, to ascribe therapeutic virtues to every new weed and every new product of the chemical industry.
"As long as the medical student has to learn the supposed virtues of a host of obscure substances, he will tend to use them in practice. This, in turn, necessitates their inclusion in the pharmacopoeia, which again perpetuates them as subjects of teaching."
There are a few outspoken Medical Doctors who will tell you point blank that, under the Drug Trust aegis, doctors are turned out of these subsidized medical schools like machines. earliest student days he is not allowed to use his mind or to think for himself. He is made to follow certain well-worn grooves. He is not given time to discover whether the medicines and drugs he is taught to prescribe are of any benefit. He is told that "A" says this should be done in "X" illness, that "B" says such-and-such a chemical combination has beneficial effects when the patient is suffering from "Y" disease. Again let us quote from Dr. Edsall:
"Almost all subjects must be taken at exactly the same time, and in almost exactly the same way, by all students, and the amount introduced into each course is such that few students have time or energy to explore any subject in a spirit of independent interest. A little comparison shows that there is less intellectual independence in the medical course than in almost any other form of professional education in this country."
It takes courage for a medical doctor to come out and say such things. The Drug Trust has the American Medical Association so well organized, and it has such a dynamic spokesman in Mr. Fishbein, that a whispering campaign of amazing intensity is immediately started against him.
If he is a young doctor his practice is ruined. If he is a young doctor his practice is ruined.He can be kicked out of his county medical society on trumped-up charges and the resulting publicity can make him look like an incompetent practitioner.
Among medical practitioners who have helped compile the technical information in this volume are the late Dr. Charles Loffler of Chicago, Dr. George Starr White of Los Angeles, Dr. Christopher O'Day of Honolulu, Dr. Carl M. Frischkorn of Norfolk, Va., Dr. George Franklin Smith of Chicago, Dr. William F. Koch of Detroit and Dr. Josephson.Dr. Frischkorn says he never uses but two drugs - sedatives and opiates, and these sparingly. He avers that there are times when the lack of them may do more harm to the patient's nerves than the harm the drugs themselves do.
Dr. Loffler often said that serums and vaccines put more toxins into the human blood in one administration than injudicious eating habits do in a year. Dr. Loffler was a blood specialist who eliminated toxins by the oxychlorine method.
Another progressive and intelligent medical doctor of my acquaintance has just been put through the wringer by his county medical society for espousing the principle of praying "for the millenium when the one-school-thought therapy may at last be broken and dethroned for all time." This particular doctor is no big help to the Drug Trust. He uses as few of these concoctions as possible and those only to meet ordinary medical emergencies. He lists them as:
Digitalis and other cardiac (heart) drugs;
Sedatives (relaxers, rest producers;
Hypnotics (sleep producers);
Analgesics (pain relievers).
Dr. George Starr White has built up one of the largest medical practices in the United States by using the brains God gave him. He is independent of the Medical Chamber of Commerce, the Drug Trust, the Fuhrer of Medicine and all of their satellites. He doesn't give a hoot what they think of him, or try to do to him.
He says in plain words that the "benefits" of sulfa and penicillin have been misrepresented. That the term "strep throat" is hokum. That the so-called viruses are merely fancy words for the common cold - words used to extract more money out of the victims of allopathic greed. I quote him:
"During the past year (1943) the medical profession has received warnings from practically all of the large drug houses who manufacture sulfa drugs. These warnings state that the more widely these drugs are used, the more experience the profession has gained which is not wholly favorable to them.These tablets have been openly sold in drug stores. I have seen many an automobile driver unable to steer his car, taken in as a "drunk", when upon examination it was found that he had simply lost his power of orientation, from taking two or three sulfa tablets the night before "to ward off a cold".
"Many an airplane pilot has steered his plane into a mountainside, causing deaths of all on board. I have learned that at least several of these dead pilots had taken sulfa tablets to "ward off a cold" the night before.
"Sulfa drugs have a tendency to cause the victim to loose his powers of orientation. He cannot reach with his arms and legs where he thinks he is going to reach. He cannot steer his automobile or airplane where he thinks he is going to steer it. He cannot guage depths above or below the surface of the earth. These drugs temporarily destroy a person's ability to judge direction or distance.
"Penicillin is nothing more than a bread mould, that our grandmothers used to grow in earthen crocks for making poultices to cure infected sores and sore throats, now known as a "miracle drug". The pharmaceutical cartel, in order to start a fad, took a short-cut to make the mould and used it by way of the hypo needle to make it look more "professional".
"In making it quickly, with expensive machinery, they turned a natural curative product into a poison. By injecting it into the bloodstream they contrived to poison the whole system, whereas ordinary bread mould, placed on the outside as a poultice, drew the poison FROM the blood.
"They have taken natural bread mould and so "refined' it that it becomes poisonous - causing hives, blisters, arthritic pains and deposits of colon bacteria that never existed before."
The last annual report of the Rockefeller Foundation itemizes the gifts it has made to colleges and public agencies in the past 44 years and they total somewhat over half a billion dollars. These colleges, of course, teach their students all the drug lore the Rockefeller pharmaceutical houses want taught.Otherwise there would be no more gifts, just as there are no gifts to any of the 30-odd drugless colleges in the United States. The amounts outlined in the Foundation's report cannot be ignored.
Harvard, with its aristocratic background and well-publicized medical school, Harvard, with its aristocratic background and well-publicized medical school,has received $8,764,433 of this Drug Trust money. Yale got $7,927,800.
Johns Hopkins, down in Baltimore, Maryland, and its famous medical school has benefited since 1914 to the extent of $8,750,000 of Drug Trust largesse. On the Pacific coast, Leland Stanford University in California leads the Rockefeller parade with $912,615. Washington University in St. Louis received $435, 184.
Columbia University in New York City, which is so big the teachers don't even know each other, took $849,578 from its neighbours in Midtown Manhattan. Duke University in North Carolina got only $66,983, but then Duke didn't need any more because when power trust tycoon "Buck" Duke died, he left $40,000,000 to little Trinity College provided it changed its name to Duke University. It did.
Tufts College in Massachusetts received $151,817. Vanderbilt down in Tennessee $67,911, New York Unversity $65,116, Memphis' colored Meharry Medical College $335,000, Iowa State's corn belt knowledge factory $83,556, and Cornell University $465,607.
Many of our leading state universities, with tax-supported medical schools, have their hands unnecessarily in the Drug Trust till - and of course tailor thier medical courses to suit the Foundation. We can mention the Universities of:
North Carolina..................................... 35,000
Ohio State............................................ 45,000
This "missionary" work of the Rockefeller Foundation paid off handsomely - to the Grim Reaper - on February 18, 1949, when Death and Drugs rode at the controls of a Long Island (New York) Railroads commuters' train. Thirty-two passengers were killed and 116 injured, in what was up to that time the worst railroad wreck in recent American history. On September 11th, 33 Pennsylvania National Guardsmen were wantonly murdered and 248 injured, near Coshocton, Ohio.
Both wrecks were caused by a drug. The lethal dose in the Long Island catastrophy was given the motorman by a railroad medic. In the case of the Coshocton wreck, the Drug Trust's culpability may never be definitely known. Within 24 hours the Pennsylvania Railroad retired the engineer, who had passed five signal lights at 75 miles an hour, ON A FULL PENSION and told him not to worry.
It is very significant that the Pennsylvania Railroad is owned and controlled bodily by the Rockefeller organization - which also owns the Drug Trust. Interlocking directorates help in the control, but the fiscal agents are the clinchers. The last 13 bond issues of PRR, totalling $514,603,000, were all handled by such stalwart Rockefeller affiliates as Halsey-Stuart & Co., Lehman Brothers, Saloman Brothers and Hutzler, and the Evans-Stillman Company.
Thumbs down on any or all of these bond issues by the Chase National Bank would have simply meant there would have been no bond issue. Thus the Rockefeller controlled Railroad is complete and there will be no embarrassment to the Drug Trust because of the Ohio wreck.