The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-15
GUARDED BY FRIENDS.
Boston Man Continues to Hurl Inter
views at 1.-THE SYSTEM

"AS"o wv A1AS AJ9SoAA'
New York Sun Special Service.
Boston, Dec. 15.-To appreciate the
extraordinary character Of Thomas W.
finance have sent Wall street stagger-
ing, one should have seen him at his
desk while q multitude gathered be-
fore the old statehouse, under the win
dows Of his office, to witness the ar
riva! Of Colonel Greene with his four
notched revolver. ---~-.,'i .5"' -
The colonel did not come. Behind
the drawn shades, not more than a
hundred feet from the center of the
crowd, sat the master of the fight
against Standard Oil and its enmil-
Toned allies, apparently the least dis
turbed man in Boston.
maere WV were eo men in the frowd beow
sincere reformer-prepared to tear
Colonel Greene limb from limb if he
made his appearance as an armed agent
Of Wall street. Mr.. Lawson knew moth
ing of them. He had notified the
colonel that if he came to Boston at
$3.50 clock, as he said he would, he
would be met in the open in front of
| the old statehouse.
Bought Amalgamated.
"This is only the cloud that fore
tells the Storm Mr.. Lawson said as
he read the tape in his office yester-
day. They ran prices up this morn
ing only to unload this afternoon. I
bought some Amalgamated stock to-
day to test the situation again, and the
moment any real money appeared, the
Standard Oil crowd was so anxious to
| get out that it's offerings broke the
market. A man has but to offer to buy
in any. quantity. to send prices down
ward And Mr.. Lawson went on:
| or In
gamblers who are trying to work the mar
ket, but the honest investing and specu-
lative public, whether the system which
has been cheating and robbing them has
not been squarely caught with the goods
Here today, the very beatings of it's pitt
less and cowardly heart can be seen. It
IS monster caught in It's own trap.
| They will not buy back their own stocks.
Why? Because they had worked up false
prices and were getting ready to unload
again when I warned the public. They
have billions Of dollars behind them. II
they are willing to use their own money
they can send prices up again to the
point at which they got the public to buy.
Why don't they do it? Because they see
that their game, the game by which they
have MIXED billions Of dollars out Of the
unsuspecting public, has been exposed and
it can never be played again.
How They Played the Market.
How were these false prices made TO,
worthless partly worthless stocks? A
bank in Kansas, which has the hoardngs
of a Woodworking community, wires to g
Chicago bank, Loan out our balance OF
100000" Another bank in Iowa which
also has the savings of community, wires
to the Chicago bank: Loan out our bal
ance of 100000" And when hundred
, banks have sent in the same message the
= Chicago bank wires toethe City Nationa
bank in New York: Loan out our bal.
ance of $40, 00O OOO." When ten big bank.
have sent in similar orders the City Ma
with and raise or lower the prices O.
tional bank has s1OO,oOO,OoO to gambl,
stocks at WILL
Mr.. Rogers gives the word to Mr.. Still
man: Let them have 500, 900, 900 tt
boost the market" and then we hear Of
, rockingham rises in the Stock exchang,
, and crying: 1--WE have 100000, 600. Brinf
Money of the Poor.
Whose money is it that is thus fun,
: forth to initiate the price Of watered Sc
4 curities so that they may be sold to tn
public? The money of the poor, trus
I money. You won't find MI. Rogers or MI
= Rockefeller buying at such prices wit
t their own dollars. They have invented
I new kind of finance which saves then
a from personal risk.
- So it is that we find a New York lif
q insurance company owning a $4,000, 90
i trust company thru which It's officers ca
t use the peoples money in this giganti
+ game. H-.-
t Have you ever stopped to consider VIII
these periods of disaster in the stock mar
ket are coming closer and closer? The
used to be fifteen years apart, then ter
. then seven, and now only three or fou
years apart.
1t is simply because human inyentio
s and human energy creates wealth NOR
}. rapidly now and because the system whic
n milks the people by sending prices up an
n -