Business Advisory Council organization
also: BAC
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Related entities (most co-mentioned)
Sidney Weinbergperson · 8CFRorganization · 4Robert Stevensperson · 3World War IIevent · 2George M. Humphreyperson · 2Daniel Roperperson · 2Goldman Sachsorganization · 1Philip Grahamperson · 1The Invisible Governmentbook · 1Charles E. Wilsonperson · 1Graham Familyfamily · 1Hobart Rowenperson · 1Harper's Magazineorganization · 1M.A. Hanna Companyorganization · 1J.P. Stevens & Companyorganization · 1Marion Folsomperson · 1Eastman Kodakorganization · 1Ralph Flandersperson · 1Stanley Marcusperson · 1Walter Reutherperson · 1Joseph Clarkperson · 1Fabian Societyorganization · 1Lucius Clayperson · 1Joseph McCarthyperson · 1
Claims (27)
Louis Strauss member_of
Business Advisory Council book_quoted
“Just looking through here, Louis Strauss from the Strauss family, CFR member. Who else? That's pretty much it. So of the 120 BAC members, 41 of them were CFR members. Most of those who are not CFR members were affiliated with the foundation…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 21:13
O.W. Herriman member_of
Business Advisory Council book_quoted
“have on here. O.W. Avril Herriman, a CFR member, is a part of it. Theodore Hauser, I don't know if you guys remember me talking about him, but he was chairman of Sears and Roebuck. So we got J.C. Penney and Sears on here. And A.W. Hughes.…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 19:17
Theodore Hauser member_of
Business Advisory Council book_quoted
“have on here. O.W. Avril Herriman, a CFR member, is a part of it. Theodore Hauser, I don't know if you guys remember me talking about him, but he was chairman of Sears and Roebuck. So we got J.C. Penney and Sears on here. And A.W. Hughes.…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 19:17
A.W. Hughes member_of
Business Advisory Council book_quoted
“We talked about the president of JCPenney's. A.W. Hughes was the chairman and board of directors of JCPenney. He's on there. A lot of mining companies. A guy by the name of Gilbert Humphrey. He's a mining executive. Who else do we recognize…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 19:45
Hubert Humphrey member_of
Business Advisory Council book_quoted
“We talked about the president of JCPenney's. A.W. Hughes was the chairman and board of directors of JCPenney. He's on there. A lot of mining companies. A guy by the name of Gilbert Humphrey. He's a mining executive. Who else do we recognize…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 19:45
John McCaffrey member_of
Business Advisory Council book_quoted
“We talked about the president of JCPenney's. A.W. Hughes was the chairman and board of directors of JCPenney. He's on there. A lot of mining companies. A guy by the name of Gilbert Humphrey. He's a mining executive. Who else do we recognize…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 19:45
Edgar Queeny member_of
Business Advisory Council book_quoted
“and he was on the board of AT&T. So you can kind of get the feel for who these people are and what role they were playing on this board. And I didn't realize this until I was looking at this list, but Edgar Queenie, chairman of the board of…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 20:18
Theodore Peterson member_of
Business Advisory Council book_quoted
“His actual middle name is Monsanto. I had seen his name, Edgar Queenie, before. No, his middle name was Monsanto. Theodore Peterson, the president and director of Standard Oil of California, is on there. And he had actually been a professor…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 20:47
Daniel Roper founded
Business Advisory Council book_quoted
“Daniel Roper, FDR, Secretary of Commerce. So Daniel Roper was FDR's Secretary of Commerce. He is the one that set up the Business Advisory Council. On June 26, 1933, Roper set it up as a panel of big business to act as unofficial advisors t…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 6:46
Business Advisory Council member_of
CFR book_quoted
“Just looking through here, Louis Strauss from the Strauss family, CFR member. Who else? That's pretty much it. So of the 120 BAC members, 41 of them were CFR members. Most of those who are not CFR members were affiliated with the foundation…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 21:13
Ralph Flanders member_of
Business Advisory Council book_quoted
“like a conquering hero. Then publicly, one member of the Business Advisory Council after another roasted the Eisenhower administration on various topics. Their attitude was mixed on the Eisenhower administration. Former Senator Ralph Flande…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 14:39
Winthrop Aldridge member_of
Business Advisory Council book_quoted
“Among them are Winthrop Aldridge, which we covered on the War Hamster and I show. William Batten, who was the president of JCPenney. Bechtel from the defense contractor. He also is a CFR member. S. Clark Beese, B-E-I-S-E. I came across him …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 16:17
William Barr member_of
Business Advisory Council book_quoted
“Among them are Winthrop Aldridge, which we covered on the War Hamster and I show. William Batten, who was the president of JCPenney. Bechtel from the defense contractor. He also is a CFR member. S. Clark Beese, B-E-I-S-E. I came across him …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 16:17
Harold Bokenstein member_of
Business Advisory Council book_quoted
“BCCI because BCCI's initial funding line came from Bank of America. And wouldn't you know, Beas was president of Bank of America and on several other boards like the National Trust and Savings Association, blah, blah, blah. Roger Blau, CFR.…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 16:49
Paul Cabot member_of
Business Advisory Council book_quoted
“and on the board of a crack ton of companies. And let's see, who's another well-known one? Oh, Paul Cabot, president of State Street Investments. He was also a board member of JP Morgan, Tampa Electric, which is down here, BF Goodrich, whic…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 17:21
Harlow Cortese member_of
Business Advisory Council book_quoted
“Latin America and they had, anywhere there was rubber, they had investments. He is also the treasurer of Harvard, which I find interesting. I mentioned Lucius Clay because he's a CFR member as well. Harlow Cortese, he was the retired presid…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 17:55
Frank Denton member_of
Business Advisory Council book_quoted
“boards. Frank Denton, he's the director of Mellon National Bank of the Carnegie Mellon group. He was on a whole bunch of railroads and universities as far as board members. He was on the board of Westinghouse.…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 18:24
Charles Dickey member_of
Business Advisory Council book_quoted
“Charles Dickey, I've come across his name several times. He was part of the JP Morgan. He was on the board member of GE, Kennecott Copper Mining, Merck, New York Life Insurance, blah, blah, blah. Henry Ford II, president of Ford Motor. And …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 18:51
Henry Ford member_of
Business Advisory Council book_quoted
“Charles Dickey, I've come across his name several times. He was part of the JP Morgan. He was on the board member of GE, Kennecott Copper Mining, Merck, New York Life Insurance, blah, blah, blah. Henry Ford II, president of Ford Motor. And …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 18:51
Marion Folsom member_of
Business Advisory Council book_quoted
“and Robert Stevens of the J.P. Stevens & Company as the Army Secretary. So it was definitely a good club to be a member of. Afterwards, Secretary Humphrey himself went back into the business advisory pool for Marion Folsom of Eastman Kodak …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 13:04
Sidney Weinberg recruited
Business Advisory Council book_quoted
“Goldman and Sachs, and also on the boards of about 30 different U.S. corporations. Weinberg helped organize the Business Advisory Council, known as the BAC. He recruited most of the members. He was content to let America's big business part…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 7:51
Sidney Weinberg headed
Business Advisory Council book_quoted
“The biggest businessmen in America indeed joined, but they didn't necessarily support all aspects of the New Deal because the New Deal was socialism. Roper was basically serving as a figurehead. The brains behind the actual Business Advisor…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 7:15
S. Clark Beese member_of
Business Advisory Council book_quoted
“BCCI because BCCI's initial funding line came from Bank of America. And wouldn't you know, Beas was president of Bank of America and on several other boards like the National Trust and Savings Association, blah, blah, blah. Roger Blau, CFR.…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 16:49
Charles E. Wilson appointed
Business Advisory Council book_quoted
“Among the members was Sidney Weinberg and General Lucius Clay. The result was historic. I tapped three of the business advisory council leaders for his cabinet. They were Charles Wilson of General Motors as defense secretary, George Humphre…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 12:32
George M. Humphrey appointed
Business Advisory Council book_quoted
“Among the members was Sidney Weinberg and General Lucius Clay. The result was historic. I tapped three of the business advisory council leaders for his cabinet. They were Charles Wilson of General Motors as defense secretary, George Humphre…”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 12:32
Robert Stevens appointed
Business Advisory Council book_quoted
“and Robert Stevens of the J.P. Stevens & Company as the Army Secretary. So it was definitely a good club to be a member of. Afterwards, Secretary Humphrey himself went back into the business advisory pool for Marion Folsom of Eastman Kodak …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 13:04
Business Advisory Council funded
CFR book_quoted
“And again, all of these are along the Fabian lines, which is why in our other series, we're covering the Fabian society. Because all of these policies that were formulated outside the CFR, but funded through grants through the Rockefeller, …”
▶ The Colonel's Corner The Invisible Government by Dan Smoot Part 4 @ 5:45
Mentions (21)
▶ 4:46
Very interesting. And he puts a lot of things together that we've covered, but not together. And it is very interesting when they're put side by side. I think you guys are going to find it very interesting. Okay, so chapter five in our curr…
▶ 6:17
It says that their primary responsibility was infiltrating government and selecting men whom the CFR wanted for particular jobs to formulate policy inside the agencies of the federal government that the CFR, i.e. the Fabians, wanted. This s…
▶ 6:46
Daniel Roper, FDR, Secretary of Commerce. So Daniel Roper was FDR's Secretary of Commerce. He is the one that set up the Business Advisory Council. On June 26, 1933, Roper set it up as a panel of big business to act as unofficial advisors t…
▶ 7:15
The biggest businessmen in America indeed joined, but they didn't necessarily support all aspects of the New Deal because the New Deal was socialism. Roper was basically serving as a figurehead. The brains behind the actual Business Advisor…
▶ 7:51
Goldman and Sachs, and also on the boards of about 30 different U.S. corporations. Weinberg helped organize the Business Advisory Council, known as the BAC. He recruited most of the members. He was content to let America's big business part…
▶ 8:23
and be the face of the New Deal's new philosophy of government. He felt it important that all of the claims of it being socialism would be thwarted by having the businessmen on this BAC. Secretary of Commerce Roper was kind of disappointed …
▶ 8:55
He wanted to be the face of the BAC, and he kind of had an ongoing rivalry with the role that Weinberg was playing in it because he was actually part of this network from New York City. Sidney Weinberg was very shrewd, and he had a definite…
▶ 9:29
He treated it more like a social club, keeping the big businessmen under exposure of this new economic philosophy of the New Deal. He was waiting for just the right time to begin implementing most of the tenets that they wanted to do the gr…
▶ 9:59
FDR developed his ambition to get into the war. Plans for America's frenzied spending on national defense began as early as 1939. There were huge government contracts that were being prepared. Weinberg had no trouble converting the Business…
▶ 10:31
Plan policies, not just for the war, but the aftermath of the war. In a September 1960 Harper's Magazine, there was an article that was published by Hobert Rowan entitled America's Most Powerful Private Club. The subtitle was, How a Semi-So…
▶ 11:02
is advising the government on its top policy decisions. In that article, this was a quote, the Business Advisory Council meets regularly with government officials at least six times a year. The Business Advisory Council convenes its session…
▶ 11:33
workshops. The guest list is always impressive. On occasion, there have been more cabinet officers at the Business Advisory Council meeting than were left in the Capitol. These meetings cost the Business Advisory Council anywhere from $6,00…
▶ 12:03
handy-dandy IRS, was judged to be tax deductible. After the 1952 election, the Business Advisory Council was having its fall work and play weekend meeting at Cloister, just off the Georgia coast, and a short distance from Augusta, where, of…
▶ 12:32
Among the members was Sidney Weinberg and General Lucius Clay. The result was historic. I tapped three of the business advisory council leaders for his cabinet. They were Charles Wilson of General Motors as defense secretary, George Humphre…
▶ 13:04
and Robert Stevens of the J.P. Stevens & Company as the Army Secretary. So it was definitely a good club to be a member of. Afterwards, Secretary Humphrey himself went back into the business advisory pool for Marion Folsom of Eastman Kodak …
▶ 13:34
Later became the Secretary of Health, Education, and Welfare. Definitely kind of like a talent pool. The Business Advisory Council, powerful in its composition and with an inside track, provided a quote-unquote special force. There was an i…
▶ 14:09
a hotel in Hot Springs, Virginia, where the Business Advisory Council often holds its work-in-place session close to D.C., Stevens flew down from Washington for a weekend reprieve. A special delegation of the officials made it a point to jo…
▶ 14:39
like a conquering hero. Then publicly, one member of the Business Advisory Council after another roasted the Eisenhower administration on various topics. Their attitude was mixed on the Eisenhower administration. Former Senator Ralph Flande…
▶ 15:12
introduced into the Senate a censure of McCarthy. And that was a topic of conversation at that particular meeting. That's the end of that article. Active membership in the Business Advisory Council was limited to 70. After a few years as ac…
▶ 15:46
So they could stay on the voting roll and enjoy membership privileges, but it gave them the opportunity to add more to the list. The author had obtained a list of 120 active and graduate members. I'm not going to go through all of them, obv…
▶ 33:44
The most noted CFR members was Philip Graham of the Washington Post family and Stanley Marcus. They had a representative from the Business Advisory Council, Sidney Weinberg, on there. They had a lot of union bosses like Walter Reuther on th…