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...insisted that his company did not wish the conference to fail, but was interested in knowing if cruiser reductions were to be made. He thought Shearer was paid too much, that his "ordinary business judgment had been disarmed" by Shearer's plausibility. Shearer's reports had been full of "bunk." He had only glanced at two or three, and when he learned of Shearer's big-navy propaganda he had insisted on his discharge. Mr. Bardo admitted that Shearer was later re-employd by Laurence Russell Ilder on a project for building liners to cross the Atlantic in four days...

Author: /time Magazine | Title: ARMY & NAVY: Epic Lobby | 9/30/1929 | See Source »

...silly ass if I thought for a moment that a man could go to Geneva without power, backing or prestige and break up a conference. I regard Shearer as an undesirable man to have around. He was likely to do more harm than good. He wouldn't stay hitched. You might send him after the cows and he might take a gun and shoot the farmer's pigs instead. I never saw anybody who could get away with a hand-to-hand encounter with a skunk. I don't mean to call Mr. Shearer a skunk...

Author: /time Magazine | Title: ARMY & NAVY: Epic Lobby | 9/30/1929 | See Source »

Second star witness was Charles Michael Schwab, benevolent-looking Chairman of Bethlehem Steel Corp. He declared that he would like to see every battleship sunk, he never met Mr. Shearer so far as he recalled, regarded his employment as unwise. Said...

Author: /time Magazine | Title: ARMY & NAVY: Epic Lobby | 9/30/1929 | See Source »

Third star witness was Mr. Schwab's "boy," Eugene Gifford Grace, President of Bethlehem. He told that Shearer had been hired by S. W. Wakeman, vice-president of Bethlehem Shipbuilding Corp., without his knowledge or approval. When he heard that Shearer was propagandizing: "I told Wakeman to get rid of him. Wakeman said another payment was due Shearer. I told him to make it immediately...

Author: /time Magazine | Title: ARMY & NAVY: Epic Lobby | 9/30/1929 | See Source »

Another star witness was Mr. Wakeman. Ke submitted a letter written to him last January by Mr. Shearer, in which Mr. Shearer boasted of having "saved the ship-building industry ... as the result of my activities during the sixty-ninth Congress." In the letter he took credit for the fact that there were then eight 10,000-ton cruisers under construction, and pointed out that as a result of the failure of the Geneva conference a $740,000,000 ship- building program was before Congress. Mr. Wakeman took the blame for Bethlehem's having hired Mr. Shearer, admitted...

Author: /time Magazine | Title: ARMY & NAVY: Epic Lobby | 9/30/1929 | See Source »

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