November 30, 2006
Hitler’s carmaker: How General Motors helped jump-start the Third Reich’s military machine
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Despite the lush opposition funding by Sloan and other affluent anti-New Deal nemeses, Roosevelt was re-elected by a landslide.While no capital slow-down was actually implemented by GM, Sloan did continue to battle the administration. The conflict was not subtle. Washington knew that Sloan and GM were powerful adversaries. For example, in 1937, when Sloan telephoned Secretary of Labor Francis Perkins to renege on a promise made to meet with labor strikers, Perkins lashed out bitterly at the GM chief.
Shocked at the reversal, Perkins shouted into the phone, "You are a scou ndrel and a skunk, Mr. Sloan. You don't deserve to be counted among decent men. You'll go to hell when you die. Are you a grown man, Mr. Sloan? Or are you a neurotic adolescent? Which are you? If you're a grown man, stand up, and be a man for once."
A flabbergasted Sloan protested, "You can't talk like that to me! You can't talk like that to me! I'm worth $70 million and I made it all myself! You can't talk like that to me! I'm Alfred Sloan."
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