Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-12-28

active and progressive for the staid,
| conservative element that constitutes
| the majority on change. He has given
| the sleepy Boslonese some awful Jolt
ings In financial way and they can't
| forgive hlm for It, Lawson made his
| oeDut IN speculative quarters at time
Wheh the money bags We're pethorlc,
ana when their owners saw no new
| worlds 10 put under tribute unless they
| went abroad tie took up local gecur-
llles, maze some mammoth deals, and in
u0lng 80 cut great holes In the money
bags, through which streams of gold
| poured into his own Golfers. Then
Boston woke up to the fact that Lave
son was smart Yes, too d--n smart"
BruWled the conservatives who mad been
caught In his trap. IL Is for this rea-
son and this solely that Tom Lawson
~ persona non grata In the town where
ne does business. But he Won't aban-
ugn Boston II gives him too much
pleasure TO put his opponents on the
SPIT ana hear them grOan while no IL
lQasIlng them over his speculative fires.
re would be 4 master mind on the New
YORK stock exchange, but ne won't
move there, much as many Boston noo-
ple would Ike him to- because he would
mlss lot Of fun
Lawson Is a product Of the atreet
lie Is the son OF poor parentg ond ha.
gan TO earn his own llVing as a n1esgan.
ger BOY IN q state street banking house
when he was II years Old He was
bright studiou8 boy and made friends
When he was not busy with his duties
as messenger he had his nose burie1 I'm
a book. Men noticed this. and said,
THAT boy will get along" He dld a
Few years later he was clerk i'm the
Globe bank, and before he was q he
was an operator on change In a mod
est way. People liked him and he got
lot of profitable customers, lie
taught them new things In speculation
ana made money both for Thorn and
himself. When he was "a people quit
calling him "Tom" lie became MIR.
Thomas Lawson. He was taken into
big deals and sat at the directors table
with millionaires, to assist them In con-
Quoting gigantic operations. He had
genius for the speculative side of finan-
clal affairs and grew wealthy very fast.
Long before copper shares became q
football in the market Lawson was
rated as millionaire, and lived
like one. He bought fast trotters at
fabulous prices, paid $50. 0OD for car
nation and built costly yachts for
pleasure cruising. There could be no
doubt about his having pleanty Of
money,
But It mustn't be inferred from this
that Lawson has always wealthy since
he got into prominence on change
There have been times when he admit
ted he was broke, but his recuperatiye
powers are such that he seldom stays
broke for any length Of time # Is q
curious thing that his dOwnfalls have
not come from speculation, but always
from legitimate investments or business
enterprises. with his first million he
took UP mammoth southern land
scheme, known as the Grand River
Land company lie put every dollar he
had into lt, but II was q f22le and Law
son went broke with him went down
a number OF his friends who had faith
In hts business ability. When he got
on his feet again the first thing he did
was to return 20 each one Of these pe0-
pie the amount Of his Investment with
interest, and faith in TON Lawson
was stronger than ever This Is a char
acteristlc that has marked his opera
tions ever since. lie stands by his
friends and associates and II Is his
boast that nobody ever lost dollar
through him. In this, perhaps, may be
found an explanation of the fact that
Lawson Is the only man In Boston wis
can so into any Of the local banks @lth-
out a cent Of security and borrow all
the money he wants and on his own
terms The stock exchange folks WtHt
have him as a member, but the bank
ors swear by him. and this Is one Of tdt
secrets Of his success
Lawson is the man who placed the
Ngs,inghouse Electric company on lta
Get oGtf others had confessed that /,
N1s 90 tough a job Tor them Then
ockcd down General Electric, and
lOng 80 made an enemy OF one of
head men I'm the corporation who
sWore he would force Lawson mo
bankruptcy Iawlon accepted the
challenge and forced his opponent 60
the wall by Q airing an investigation
Of the company's affairs which, taking
shrewd advantage of on change, netted
him another fortune But It was in the
manipulation Of Bay state Gas that he
won his greatest fame, and Incidental
IN laid the foundation Of his greatest
wealth up to the time OF the copper
craze. Henry NJ, Whitney Of Boston,