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★ sfr&ia Published Weekly I, No. 6 Vol. 1 asks Mead Srncommittee to probe I war swindles here! Chairman of the special Senate Committee investigating the na tional defense program, Senator lames Mead. New York Demo crat, says his committee intends to go after the big-time profits next. Part of more than 5,000 demonstrators who protested the Monroe, Georgia, lynchings at 35th and South Parkway. A dele gation of white and Negro leaders was formed after the mass meeting to take Chicago’s protest directly to President Truman In Washington. Chicago delegation to see Truman on lynching Seo page 16 Chicago, August 10, 1946 '**SS&>ee I £X CtU S 1 V f ,] By CARL HIRSCH With evidence mounting that huge Chicago firms swindled the nation out of mil lions in war profits, the Chicago Star urged a thorough probe by the Mead Committee here this week. Cab trust exposed See page 3 NMU to strike here See page 3 [s*] In an exchange of corres pondence with Senator James Mead, the Star disclosed the need for an investigation of these facts: IThat the huge Buick plant in • Melrose Park was built by the government at a cost of $126,- 000,000 and has now been sold to the International Harvester Cor poration for $13,750,000. O That by 1944, the eight larg “ cat packing companies had increased their profits by 154 per cent after taxes over the 1936-39 pre-war average. O That the International llar vester Corporation increased its profits more than 300 per cent during the war years. \ That at such plants as Stude baker and Buirk, the corpora tions artificially jacked up their costs so as to make higher pro fits on “cost-plus" and “cost-plus fixed fee” contracts. * * • “AS you say,” Senator Mead wrote to the Star, “there is some evidence that the Committee’s in vestigations to date have not yet brought to light all of the war profiteers." It was pointed out that the See page 16 I J The Chicago Star invites Its readers to send in any evi dence which they have of wai profiteering in the Chicago area to be presented to the Mead Committee together with the Star’s file of disclosures.