Statements concerning the financial condition of the Galahad Press published in two issues of Liberation Magazine were accurate, William Dudley Pelley, anti-Semitic Silver Shirt leader, declared today while testifying in his own behalf during his trial on charges of violation of the North Carolina “blue sky laws.”
After reviewing his career as a writer, publisher and head of several organizations, including Galahad Press, the Foundation for Christian Economics, Galahad College and the Liberation Magazine staff, he recited earlier incidents in his life. One of his novels, he told the Buncombe County Superior Court, had a circulation of 100,000 copies.
Financial statements in the specified issues of Liberation Magazine, which he insisted were correct, are the basis for the first and second counts of the indictment against him, which charge him with offering stock for sale in an advertisement in Liberation and with misrepresenting the financial condition of Galahad Press for the purpose of selling that stock.
Galahad Press was founded with $40 in cash, Pelley testified. Of
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
