Oral History Interview with
Commissioner, Federal Trade Commission, 1949-1953.
John J. Carson
November 8, 1971
Jerry N. Hess
[Notices and Restrictions | Interview Transcript | List of Subjects Discussed]
This is a transcript of a tape-recorded interview conducted for the Harry S. Truman Library. A draft of this transcript was edited by the interviewee but only minor emendations were made; therefore, the reader should remember that this is essentially a transcript of the spoken, rather than the written word.
Numbers appearing in square brackets (ex. ) within the transcript indicate the pagination in the original, hardcopy version of the oral history interview.
This oral history transcript may be read, quoted from, cited, and reproduced for purposes of research. It may not be published in full except by permission of the Harry S. Truman Library.
Opened June 2015
Harry S. Truman Library
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Oral History Interview with
John Joseph Carson
Jerry N. Hess
CARSON: I was born (and thats what you want to know isnt it), in Smith Valley, Indiana, about ten miles south of Indianapolis, and went to Indianapolis when I was about a year old and lived down in the 12th Ward, which was about 90 percent Irish and about 90 percent Democratic. And my father was an emigrant from Ireland, and my mother was a secondher father was an emigrant, she was the second.
HESS: What year did your father come over, do you recall?
CARSON: No, but he was very young. I remember he told the story aboutmy father told the story, there was three or four brothers came over and he was the youngest and they told the story how he stood up in the boat coming over, cold, his trousers against the stove, and he
burned the whole seat of his trousers out and they had the laugh on him for all the years. But anyhow, he eventually got into politics, had been into politics, and Tom Taggart, the famous Tom Taggart, who was probably the greatest of all theablest of all the Democratic chairmen. I think Tom was chairman fornational chairman for, oh, through three or four administrations. He was with Bryan and so on.
And I can remember in the Bryan campaign, I was only seven years old, was born in 49, and in the Bryan campaign, the first one in 96, my father bought these little Zouave caps with the black peak around them, and across the front was Bryan Stevenson, and I, and I and my other four brothers who hadhad five brothers, but my four that were old enough, we had to wear those caps all through the campaign. I didnt know Taggart in those days, andbut because I was only a childbut I had been told by two or three different people thatschool teachersthat you can write, and you have to write, and so on. I made up my mind to try to write, but I had to go to work.
So, I went to work in the first place for awell, I went to work when I was thirteen in Van Camp Packing Company, capping catsup bottles. And then I got through two years of high school and I went to workat sixteen
I left school, had to, because there were other brothers coming along to get an education. And I got a job, a little office job, and then a joban interesting thing about this for me, I got a job as a messenger boy for the president of the American National Bank in Indianapolis. The mans name was John Perrin, and I stayed there about six months and then the Van Camp Packing CompanyI had a friend in the accounting department, and he asked if I would take a job with them at two dollar a week increase in wage, from four to six. I went to Mr. Perrin and told him I was resigning and he said, "Well, sorry to hear that because I had planned to put you in a cage, as an assistant to the teller in a few weeks and I wish you would stay, but if you have accepted."
I said, "Yes, I have accepted, Mr. Perrin."
Well, that is only of interest because of this: I left and went toI left there and didnt see Mr. Perrin again until about 1921. I had made a date with the Assistant Secretary of the Treasury in those days, Ill think of his name in a minute or solater he went back to New York and became part of the Morgan outfit. He was a very good guy and I was correspondent for the Baltimore Evening Sun, and I made a date because I was
against the payment of the soldier bonus at that time and the Sun went along with me when I wrote a lot of stuff about it against it, because I was sure that the payment of soldier bonuses would result in just inflation and increased prices. The soldier should pay in and get nothing out of it.
I went to seeI startedit was that morning, it was either a holiday or Saturday. Of course, in those days we were permitted to go into the Treasury and they knew my face. I was in there all the time, they knew me by sight. And I went in and as I went in I noticed quite a few men going into one office on the first floor, well-dressed men. There were nobodyno one else, except the guards in the Treasuryin the Treasury building, that I knew of except this fellow, the assistant Secretary. I went up to his office and we sat and talked for about two hours, and when I came down these fellows were going out of this office and there were probably thirty or forty in there, and I jumped in behind a pillar to see what I could see and learn, there might be a story in this.
Well, lo and behold, I looked up and there came Mr. Perrin and I went up to him and said, "Mr. Perrin, you wont remember me." I told him that I was John
Carson and, "I was your messenger away back in 19"that was about 1906 I guess, or '05. And I said "Now I'm of the Baltimore Sun, down here as a correspondent, I'd like to know what's going on in that office in there today."
He said, "Well, Mr. Carson, we have agreed, all of us have agreed in there positively that it will never be known what went on in that office."
Well, John Perrin then was governor of the San Francisco Federal Reserve Bank. I went out and I did seek to find out, in one way or another, what went on in that office, but I absolutely failed, and I told nobody else about it, but I knew there was something there.
But a couple of years later the paper where I called onthe business paper where I called on, the Manufacturers Record, published the whole story of the minutes of that meeting, and that was the famous meeting at which they had agreed to increase the discount rate, to stop the inflation at that time. You remember at that time, well, I remember thatwell, I just remember one price. I think youll find at that time that sugar got up to 27 cents a pound that was the 1921
inflation, and then came the tremendous bust that came. First we had in 1919, the farmer's rebellion, and that resulted in the farmer's bust, and then we had this inflation later and then they tried to stop it that way and that became the daythat was big in the Congress, and that became the subject of more discussions. Oh, throughout the years every now and then youll hear them talk about that famous meeting that I just missed from getting. But thats what I came hereto get back to the story.
Van Camps, oh, up until about 1909, and I got up to where I hadwas a bookkeeper and accountant, assistant on books, and I was twenty or twenty years old and I had saved enough money to pay my board bill at home for two years, so that none of the family, my kid brothers would suffer, and my mother. We were very poor, all of us, and I could stay there and live for two years.
So I made up my mind that Im now going to get me the job I want, Im now going to get into the newspaper business. So I went to the poorest paper in town, and I think I campaigned for three months at that paper and finally got the job because I agreed to work for nothing until Ithey wanted me. And I got the job and
HESS: Why were you interested in entering the news field?
CARSON: To get an education, that was the best thingto write.
And I think I, of coursejust to justify that I wrotebut I was just years later, oh, many years later down in the Federal Office Building one day Ione of the very, very able correspondents in Washington came up to my desk, and we talked for a minute, and I said something about, Well, you know Jerry, Ive neverIve always been a little bit sensitive about the fact that I never got any formal education to speak of, Ive never got through high school, I didnt get to college.
He said, "Hell kid," he said, "youve got the finest education." He said, "Ive been through three universities," he said, "I know this, youve got an education far superior to anything you could have got for just"I told him it was true as far as my newspaper work, because I only hadwhen I became city editor out in Indianapolis, I only got one applicant for a job from the journalism school. I dont remember what school it was, but a pretty good one. I gotthat stayed with meI had other applications, but they didnt make, couldnt succeed, they werent good enough. But the reporters I got in out of the street, maybe with only a high school education,
with some experience on small town newspapers or something, they were the guys that were good reporters and good newspapermen. But I never founddidn't findthis one fellow he was articulate, verbose, very good guy, very pleasant guy, but after a month or two I told him that I thought he had better look for something else, because he was just unable to know the point of a story of where he was and to get the job done. And he agreed and he went upI think he became, in one of the advertising departments of General Motors up at Detroit and became a very successful advertising man. But thats why I went in the newspaper business and I stayed with it. Oh, it was only in the campaignin the Woodrow Wilson campaign in 1912, March of 1912, the fellow who was ahead of me on the paper, one of the experiencedmen of experience, forget his name, but he went with the Teddy Roosevelt campaign in the publicity.
HESS: The Bull Moose campaign.
CARSON: The Bull Moose campaign, yeah.
HESS: Did you see Theodore Roosevelt in that campaign?
CARSON: No, I saw him before that, but I didnt see him in that campaign.
But anyhow, he washe left,