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    "label": "Memorandum re Ralph W. Moore",
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    "contentType": "document",
    "title": "Memorandum re Ralph W. Moore",
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            "logicalDate": "1951-10-10",
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    "seq": 2,
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    "ocrText": "Page 2\nUNCLASSIFIED\ndepartment provided, of course, the complaint is sustained,\"\nThe Washington Post, June 2, 1948:\n\"LARD TRADER ACCUSED OF FAKING REPORT\n\"Ralph W. Moore, commodity markets trader, was accused by the\nGovernment yesterday of attempting to manipulate the market\nthrough a !false, misleading and deceptive press memorandum.\nMoore, an intimate of Democratic Senators O'Daniel of Texas and\nThomas of Oklahoma, the latter ranking minority member of the\nSenate Agriculture Committee, is a former Texan and has offices\nat 1707 N St., N.W.\na.s.\nHe was said to have made $445,000 for himself and other market\ninvestors between January 2, 1946, and October 31, 1947.\nMoreover, he is charged with attempting to pull off a coup in\nthe lard market on or about last October 1 by preparing and\ncirculating among newspaper men, brokers and others a 'press\nmemorandum stating the Government planned to buy large quanti-\nties of lard for export.\nReporter John W. Ball disclosed in The Washington Post last March\n25 that the Justice and Agriculture Departments were investigating\na plot to pull off a big killing in the lard market through the\nmedium of a fake press release.\nThe release was placed in the mailboxes of reporters at the Agri-\nculture Department while they were attending a press conference\nin Secretary Anderson's office.\nIt stated that lard allocations for the first half of 1948 had\nbeen vastly increased and listed the names of several Government\nofficials in 'confirmation.\nNewsmen became suspicious, investigated and found that the informa-\ntion in the statement was erroneous.\nExperts said that if the false information had gained widespread\ndistribution the lard market would have surged upward sharply, then\nplummeted when the news was officially denied,\nMoore was named instigator of the plan yesterday by the Agriculture\nDepartment's Commodity Exchange Authority.\nUNCLASSIFIED"
}