Antisemitic Articles
Ford did not write, but rather expressed his opinions verbally to his executive secretary, Ernest Liebold, and to William J. Cameron. Cameron replaced Pipp as editor in April 1920 when Pipp left in disgust with the planned antisemitic articles, which began in May. Cameron had the main responsibility for expanding these opinions into article form, although he did not agree with them. Liebold was responsible for collecting more material to support the articles.
One of the articles, "Jewish Power and America's Money Famine", asserted that the power exercised by Jews over the nation's supply of money was insidious by helping deprive farmers and others outside the banking coterie of money when they needed it most. The article asked the question: "Where is the American gold supply? ... It may be in the United States but it does not belong to the United States" and it drew the conclusion that Jews controlled the gold supply and, hence, American money.
Another of the articles, "Jewish Idea Molded Federal Reserve System" was a reflection of Ford's suspicion of the Federal Reserve System and its proponent, Paul Warburg. Ford believed the Federal Reserve system was secretive and insidious.
These articles gave rise to claims of antisemitism against Ford, and in 1929 he signed a statement apologizing for the articles.
Read more about this topic: The Dearborn Independent
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