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The News Definers and the CFR

“The so-called founders of such giants as The New York Times and NBC were chosen, financed and directed by Morgan, Schiff, and their allies,” wrote Gary Allen. Regarding the beginning of the takeover of the mainstream news, Perloff says, “A prime mover in this process was J.P. Morgan–the original force behind the CFR.” Perloff quotes Congressman Callaway’s notation in Congressional Record volume 54, dated February 9, 1917, which stated, “In March, 1915, the J.P. Morgan interests … got together 12 men high up in the newspaper world and employed them to select the most influential newspapers … to control generally the policy of the daily press of the United States.”

The record continued, “These 12 men … found it was only necessary to purchase the control of 25 of the greatest papers. … Emissaries were sent to purchase the policy, national and international, of these papers … [and] an editor was furnished for each paper to properly supervise and edit information regarding … things of national and international nature considered vital to the interest of the purchasers. … This policy also included the suppression of everything in opposition to the wishes of the interests served.”