The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-07-21
LAWSON EXPOSES
OIL FINANCIERS
Boston Copper King, in "Fren-
zied Finance" Flags Rock
efellers and Rogers.
Lays Untold Miseries and Incal-
culable Losses at Door Of
Trust,
New York Sun Special Service.

New York, July 21.-"Amalga-
mated Copper was begotten in 1898,
born in 1899 and in the first five years
of its existence plundered the public
to the extent of over $1O0,O00,0 900"
With this as it's opening paragraph
Is begun the story of Thomas w. Law
son, the copper king of Boston, who,
under the caption, "Frenzied Finance;
the Story Of Amalgamated," contrib
utes the first four chapters to livery
bodys Magazine for August.
In foreword published last month
Mr.. Lawson promised to expose the
public was plundered Mr.. Lawson
explains the distinction between the
greet corporation which deals In oil
and standard OIL" the giant, in
definite system which embraces all
the STANDARD Oil" group of indi-
viduals and corporations. Says he:
This giant creature, Standard OIL
can be best described as a group Of
money owners who have right to use
the name Standard OH in any bust
ness undertakings they engage in.
The right to use the name Is Of price
less value, for it carries with it as
Sured success
Three Men Supreme.
There are only three men who can
7
the most remote way, to any project
Tor there is no more heinous crime In
. The Standard OH decalog than using
The name unauthoriZedly. The three
men are Henry H. Rogers, William
Rockefeller and John D. Rockefeller"
In beginning the story of Amalga-
mated, Mr.. Lawson says: ut was the
creature of that incubator of trust
! and corporation frauds, the state Of
New Jersey, and was organized osten-
sibIy to mine, manufacture, buy, sell
and deal in copper. From its 1ncep-
ton 1t was known as a Standard Or
! creature because it's birthplace was
(the Standard Oil bank), and its pa
/ rents the Standard Or lights, Henry
| r. Rogers william Rockefeller and
James Stillman.
II ut has from it's birth to the present
4 writing been responsible for more
4 hell than any other trust or financial
hing since the world began. Because
! Of tt people have sustained incalcul-
4 able losses and have suffered untold
\ nisertes.'
History of Deal.
Of Amalgamated:
In 1894 ]. Edwards Addicks Of Della
ware. Everywhere and Nowhere, the Bos-
ON gas king, invaded the gas preserves
\ II the Standard Oil in Brooklyn, and the
/ Standard OIL to compel him to withZaw,
I moved on his pre- empted gas domains in
/ Boston. ......
! In 1894 a fierce battle was raging In
Boston between Gas King Addicks and
Gas King Rogers, and the very air was
/ llled with denunciation and defiance
bribery and municipal corruption-ano
! King Addicks was defeated all along the
inc and in full retreat, with his ammu-
/ lition down to the last few rounds.
Early In 1895 I took command Of the
Addicks forces against Standard OIL.
In the middle Of 1895 the Addicks
troopers had the Standard Oh invaders
'on the run
In August 1895. Henry H. Rogers ant
myself came together for the first time
1t his house in New York, and we prac
T-.tcally settled the Boston gas war.
At the beginning Of 1895 we actual,
settled the gas war, and Standard OF
transferred all It's Boston gas properties
,s6,0OO,o0o) to the Addicks crowd.
In October, 1896, the Bay State Ga
outfit passed from the control of Addick
Ind his cohorts into the hands of re
,eiver, and growing out Of this receiver
J ship and accumulated complications
Oil, in November, 1896. regaine
all Of Its old Boston companies and +
addition all of the Addicks companie
with the exception Of the Bay State Ga
~. Lawson's Plan.
In 1896 formulated and perfected tn
plans for "coppers,n a broad and com
orehensive project having for it's basi
The buying and consolidating Of all tn
pest producing copper properties in Eu
rope and America and educating tn
world to their great merits as safe an
profitable investments.
In 1897 laid these plans before Stan
lard Oil.
In 1898 Standard OIL was so far edu
Gated to my plans on "coppers" as t
accept them.
In 1899 Amalgamated, intended to /
! he second or third section OF "coppers.
was suddenly shifted by Standard o
.nto the first section and with full hea
IF steam ran out of the 'sCity Bank
station, carrying the largest and be.
rainload of passengers ever sent to de
struction on any financial trunk line
In 1899, after the allotment of tt
Amalgamated public subscription I'll
public for the first time, in a dazed an
1enumbed way, realized that it had bee
taken in" on this subscription. and
;hiver went down Americas finances
spinal column.
In 1900. after the price of Amagamate
lad slumped to Is instead of advancir
% $50 to 200, as had been promised tt
Standard Oil-Amalgamated-C City Bank frs
ernity called Wall streets king of manir
llators, James R. Keene, to the rescu
under his adroit handling of IL
stock in the market, Amalgamated ws
sent soaring over it's fiotation price Of 10
In 1901 Boston & Montana and But
3 Boston, after long delay, drew out
he Standard Oil station as the secor
section of Amalgamated carrying IL
biggest load of investors and speculate
o what was at that time confidently fe
1euld be Dollar Utopia. and the price
he enlarged Amalgamated fairly flew
80. These were the stocks which hi
originally advertised would be part
he first section of the consolidated "co
oers," and which, after Amalgamated y:
been run in ahead of them, I advertis,
would follow in due course.
Then the Amalgamated dividend, wit
out warning and in open defiance of tt
absolute pledges of it's creators, was CT
Ind the public, including even James
Keene, found themselves on that wild t
ooggan whirl which landed them batter
Ind sore at the foot of financial d
4 ,liyity.