The labor world. [volume] (Duluth, Minn.) 1896-current, 1904-11-05

R00KEFKI4I IN AN s%z.
4 GER DENIES CHARGE /:
I. MAI)1B BY LAWSON
Gostinued from, page one.

tnrQUen FRANZ A. xYandernp or ROOKIE
felier's National City Bank. ~
: After there had been. a break Of from
fifty to a hundred points in the price of
stock and after numerous suicides had
emphasized the severity of the crash
William Rockefeller announced that
the worst was over and told the public
it might safely buy stocks.
The market has advanced constantly
since the day he made that declara-
ton.
Last June the Standard OH party is
said to have informed its allies that it
would see that money rates were kept
low and that stocks should be adj
vanced much higher. They rose at
once and the rise is still in progress.
Only last week Mr.. Vanderlip, in an
address, to bankers at st. Lotus, gave
formal notice to the world that the
stock market would advance still
higher. His statements were acppeted
by Wall street as those of Rockefeller
and whirl of speculation has been the
immediate result.
There was sharp break in the stock
market yesterday just before the close
that mystified the public. Because of
! this Wall street will await the opening
OF the market to-day in anxiety.
Lawson Says System Totters."
Boston, Mass, Nov. 4.-Thonas W.
Lawson last night issued a re ;ly to the
! Standard Oil Statement put out yester-
+! day morning, In which he says:
During the past thirty years there
has gone up to Him who rights all
| wrongs from the countless thousands
who have been robbed Of happiness
and hope by the most brutal Of all
human Instruments, The System, a
piteous wall, How long, o Lord, how
long? In simple business proc'a anna
ton In the press Of the world this
| morning comes the answer, NO longer,
no longer
! For forty years the thunbscrews Of
legislation, the rack of the courts and
the straight-jackets of society have
failed to coax, force or surprise from
| Standard OH any answer other than
We will see the American people in
hell before we will consult them about
our business
! During the past five years Mother
Nature has been working wonderous
changes in men and in the great
scheme of things. What Is known, the
courts and society could not do in the
nineteenth century has, with the be-
ginning of the twentieth, been accom-
pllshed by that most potent of modern
weapons Of civilization-publicit
Yesterday STANDARD Oil had a
meeting There probably never was
ho1 hafo ~, 31|>
Standard OH men went with such I'M
certain dread as yesterday. keep
| closely in touch with 2e Broadway. /
used to for gain, but 1 do now for
safety. The word was passed before
yesterdays meeting John D. is fur
lous and something is going to drop
"A few of the active men were SO
scared they slipped into the market
and out OF their stocks. John y. Rookie
teller did all the talking that broke
ttofty wears Of Silence. Boiled down 1t
would .read .the.peop are aroused las
EnevRr Iank: deposits are stss 1befng
I hdraWn y thirrou CHOU country
and Insurance policyholders are panic
stricken. Some one in this building Is
responsible FOR it, 1t is not 1. 1 have
been deceived, whether Intentionally
or unintentionally is of no choice, bu>
see and hear enough to convince ms
there has been done in the name OF
STANDARD OH that width am in il.
norance Of and propose to tell thu
people it is not this company or Johr
d. Rockefeller who has done it, an6
he dictated the statement that this
morning startled the business world.
II am no prophet and there is nj
need should be to make this predic.
ton: When history sets down for un.
born generations the doings of Stand
ard Or and the System it will read
The first intamation the people had
that the most cruel machine of the
times, the instrument for plunderin9
the many for the benefit of the few
was tottering, was the breaking OF for
ty years Of insolent silence John b
Rockefeller compelled his associates tt
Issue a public statement. Instant,
disintergration set in and the people
suddenly awakening to the weakness.
this act made plain, set the law upor
it and rended it, -
| CORRESp0NnENr.E