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Last week the New York Dally News, vigorous in its support of the New Deal and violent in its castigation of big banking and big business, bluntly advised its 1,500,000 readers to turn thumbs down on the new history:
"What does Senator Nye think he has proved by digging up all these old facts once more and parading them across the witness stand? ... It is not a fact that the big bankers got us into the war—any more than it is a fact that all wars are fought for profits. . . . We were not tricked out of a sweet dream of peace to go over and fight to make Europe safe for the Morgan loans. The newspapers, for instance, did far more to inflame public sentiment to war heat than the bankers did. . . . Let's give the devil his due. Morgan and the rest of the bankers did not get us into that war. And Nye's intimation that they did so is unfair, unhistorical and untrue."
* Junius S. Morgan served as officer aboard a U. S. destroyer patrolling the British Channel for submarines.