The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1904-12-15
TRYING TO FIGURE 1T OUT.
One Theory is That Lawson Is Work.
ina for h. b. Rogers.

J
Boston. Mass. Dec. l4.-Denouncing
Thomas w. Lawson'S movement as
part Of "a great Wall street couspir-
acy," Clarence w. Barron accuses
Lawson of being Il part of the system.
which he affects TO expose but care
fully conceaIs.'' and of being used to
further stock jobblng.
Barron asserts Lawson led his own
following to the slaughter by his four
column advertisement.
Mr.. Lawson followed the charges
with an emphatic denial, Offering to
give 81, 200, 900 TO charity if the stock
jobbing accusations were proved.
Mr.. Barron declares that his valua-
ton of AmalgaInated Copper intriusi-
cally at $3.50 IL share never has
changed. although he asserts that the
company is stronger today than before.
He goes into the problem Of the Wall
street t%inster, intimating that the Law
son panic has thrown a great light on
the subject. He says:
The striking feature of every great
stock market of late years has been
the circulation OF reports or tips of
what stocks We're to be moved upon
certain days. Day after day one has
e able to learn, often before 10 a,
IN, what was to be the feature of the
days market.
Steel COMMON was the card one day.
Another day Steel preferred. Then
Pennsylvania. Another day Colorado
Fuel. The last great tip was Louis
vile and Nashville, which was de-
clared before 10 a. IN. to be the pur-
chase in that days operations, and il
advanced from 141A above 14S.
Takes Measure of Lambs.
Mr.. Barron dates the stock manipu-
lation of the week back to Thanksgiv-
ing proclamation issued by MIR. Law
son, which created a slight furry on
the day following. This was designed
TO enable Wall street to a k the meas
ure of the lambs, Mr.. Barron asserts.
fFe tells how the break in the stock
market was engineered, saying:
last week played a part in
the operations of the system He has
been used, Willingly or unwittingly, bv
gigantic forces. AS before, he Will he
used and abused. and possibly in the
end annihilated.
When large market deals are in op-
Grafton Lawson is engaged, directly or
indirectly, as one who has nothing to
lose, everything to gain, in rounding up
the flock of lambs, and it is immaterial
to him whether he is used to promote
copper or sugar.
When h mine was ready fer firing
Lawson suddenly was called away from
other activities. such as sustaining
Trinity or advertising his magazine ar
ticles. His o column warning to
sell Analgamated was sprung at the
psychological moment. The country
was awaiting the message from the
president-elect, to be presented to con-
gress Tuesday.
Measure Up the Market.
The market on Amalgarnated had
been measured up. Brokerage hold
ings had been tabulated through banl,s
and trust companies. 1t was clear there
could be no further advance in Dece1,-
Der in the Upper metal market. Every
body who wanted An1algamated had II
26 Broadway a 1t not, and Law
son was put forward to lead the lambs
to the slaughter.
1t Is ridiculous to suppose that II, 900
shareholders in Amalgamated could M
reached in q few hours and warned and
advised to sell Anlagamated. To whom
could they sell? They could not soil
it to each other if they were all Law
son lambs. Lawson had the old follow
ing again in she pen for slaughter. II
a killing
art OF the manipulating tipster. He
sent tissues. kilograms aTd circulars fol
a~I@leading houses. newspapers, and
operators. He poured fntoi
the news offfeeg nearly III dozen teie-A
grams aday, experimenting this adyer-
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